Apple (AAPL) Holder Macnealy Hoover Investment Management Has Cut Its Position as Stock Declined; Kellogg W K Foundation Trust Cut Kellogg Co (K) Holding as Stock Price Declined

April 26, 2018 - By Peter Erickson

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Macnealy Hoover Investment Management Inc decreased its stake in Apple Inc (AAPL) by 6.88% based on its latest 2017Q4 regulatory filing with the SEC. Macnealy Hoover Investment Management Inc sold 2,226 shares as the company’s stock declined 3.81% with the market. The institutional investor held 30,126 shares of the computer manufacturing company at the end of 2017Q4, valued at $5.10 million, down from 32,352 at the end of the previous reported quarter. Macnealy Hoover Investment Management Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $832.19B market cap company. The stock increased 0.22% or $0.36 during the last trading session, reaching $164.01. About 19.16 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 26, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Kellogg W K Foundation Trust decreased its stake in Kellogg Co (K) by 0.48% based on its latest 2017Q4 regulatory filing with the SEC. Kellogg W K Foundation Trust sold 325,000 shares as the company’s stock declined 5.46% with the market. The institutional investor held 67.61 million shares of the packaged foods company at the end of 2017Q4, valued at $4.60 billion, down from 67.93 million at the end of the previous reported quarter. Kellogg W K Foundation Trust who had been investing in Kellogg Co for a number of months, seems to be less bullish one the $20.89 billion market cap company. The stock decreased 1.12% or $0.68 during the last trading session, reaching $60.27. About 3.51M shares traded or 23.08% up from the average. Kellogg Company (NYSE:K) has declined 11.27% since April 26, 2017 and is downtrending. It has underperformed by 22.82% the S&P500.

Since December 7, 2017, it had 0 insider buys, and 5 sales for $26.72 million activity. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Maestri Luca. $11.56 million worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W.

Investors sentiment increased to 0.73 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. The California-based Avalon Glob Asset Management has invested 4.46% in Apple Inc. (NASDAQ:AAPL). Td Asset Mngmt reported 6.26 million shares. Norman Fields Gottscho Mngmt Llc has 37,003 shares. Wells Fargo And Mn holds 1.4% or 28.58 million shares in its portfolio. Marco Investment Mgmt Ltd Liability reported 3.67% of its portfolio in Apple Inc. (NASDAQ:AAPL). Grand Jean Capital Mgmt Incorporated stated it has 6.92% of its portfolio in Apple Inc. (NASDAQ:AAPL). 154,000 were reported by Bedrijfstakpensioenfonds Voor De Media Pno. Greenwood Cap Associates Ltd holds 2.17% or 55,101 shares. Avenir Corp has invested 1.58% in Apple Inc. (NASDAQ:AAPL). Fundx Invest Gp Limited Liability Com, California-based fund reported 2,619 shares. Geode Capital Mngmt Ltd owns 56.45 million shares or 3.24% of their US portfolio. Folger Nolan Fleming Douglas Capital Mgmt Inc owns 37,796 shares or 0.89% of their US portfolio. 2,699 were accumulated by Loudon Invest Mgmt Lc. 9.14M were accumulated by California State Teachers Retirement Systems. Portfolio Solutions Ltd Liability Company accumulated 570 shares or 0.01% of the stock.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 402 analyst reports since July 21, 2015 according to SRatingsIntel. Bernstein maintained the shares of AAPL in report on Thursday, August 20 with “Buy” rating. The rating was maintained by UBS on Friday, January 5 with “Buy”. The company was initiated on Wednesday, October 25 by HSBC. The stock has “Buy” rating by Mizuho on Monday, February 27. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Tuesday, April 3 by Gabelli. Rosenblatt maintained it with “Hold” rating and $150.0 target in Tuesday, September 26 report. Canaccord Genuity maintained the stock with “Buy” rating in Friday, January 8 report. Morgan Stanley maintained it with “Overweight” rating and $152 target in Wednesday, October 28 report. The rating was maintained by Mizuho with “Hold” on Friday, July 21. The firm has “Buy” rating given on Monday, June 12 by Citigroup.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 earnings per share, up 29.05% or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75 billion for 15.13 P/E if the $2.71 EPS becomes a reality. After $3.89 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.05, from 0.86 in 2017Q3. It is positive, as 60 investors sold K shares while 212 reduced holdings. 82 funds opened positions while 166 raised stakes. 309.07 million shares or 0.67% more from 307.00 million shares in 2017Q3 were reported. Lombard Odier Asset (Europe) Limited stated it has 3,514 shares or 0.01% of all its holdings. Exane Derivatives holds 1,115 shares. Amundi Pioneer Asset Mngmt owns 857,267 shares. 13,671 were accumulated by Northwest Counselors. Hotchkis & Wiley Mngmt Ltd Company has 0.22% invested in Kellogg Company (NYSE:K). Dillon And Associate stated it has 9,820 shares or 0.25% of all its holdings. Synovus Financial invested in 0.02% or 13,773 shares. Lvm Mngmt Mi reported 25,862 shares stake. Rampart Investment Management Ltd Limited Liability Company holds 0.08% in Kellogg Company (NYSE:K) or 3,034 shares. Monetary Gp has 0.02% invested in Kellogg Company (NYSE:K) for 750 shares. Boston Family Office Limited Liability Co owns 23,975 shares. 3,020 were reported by Saratoga Research. Cibc Asset Mngmt reported 0.02% in Kellogg Company (NYSE:K). Calamos Limited Liability Company, Illinois-based fund reported 38,959 shares. Wellington Mgmt Gru Limited Liability Partnership has invested 0% of its portfolio in Kellogg Company (NYSE:K).

Among 26 analysts covering Kellogg Company (NYSE:K), 10 have Buy rating, 3 Sell and 13 Hold. Therefore 38% are positive. Kellogg Company had 74 analyst reports since August 5, 2015 according to SRatingsIntel. As per Friday, October 20, the company rating was maintained by Credit Suisse. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, August 5. The firm earned “Hold” rating on Wednesday, August 5 by S&P Research. Morgan Stanley upgraded the shares of K in report on Tuesday, December 8 to “Equal-Weight” rating. The firm earned “Buy” rating on Friday, August 4 by J.P. Morgan. Citigroup maintained the stock with “Buy” rating in Thursday, April 14 report. On Wednesday, December 7 the stock rating was downgraded by Credit Suisse to “Neutral”. The company was upgraded on Friday, January 8 by Credit Agricole. The stock has “Sector Perform” rating by RBC Capital Markets on Friday, August 4. The stock of Kellogg Company (NYSE:K) earned “Hold” rating by Stifel Nicolaus on Thursday, August 3.

Since December 13, 2017, it had 0 buys, and 7 insider sales for $165.22 billion activity.

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