Apple (AAPL) Shareholder Macnealy Hoover Investment Management Has Trimmed Holding by $376,194 as Share Value Declined; Regal Investment Advisors Holding in Consolidated Edison (ED) Upped by $477,624

April 24, 2018 - By Ellis Scott

Apple Inc. (NASDAQ:AAPL) Logo

Regal Investment Advisors Llc increased its stake in Consolidated Edison Inc (ED) by 8.12% based on its latest 2017Q4 regulatory filing with the SEC. Regal Investment Advisors Llc bought 5,686 shares as the company’s stock declined 8.41% with the market. The institutional investor held 75,708 shares of the power generation company at the end of 2017Q4, valued at $6.43 million, up from 70,022 at the end of the previous reported quarter. Regal Investment Advisors Llc who had been investing in Consolidated Edison Inc for a number of months, seems to be bullish on the $24.26 billion market cap company. The stock increased 0.50% or $0.39 during the last trading session, reaching $78.09. About 1.00 million shares traded. Consolidated Edison, Inc. (NYSE:ED) has declined 1.18% since April 24, 2017 and is downtrending. It has underperformed by 12.73% the S&P500.

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 $822.78 billion market cap company. The stock decreased 1.87% or $3.0849 during the last trading session, reaching $162.1551. About 28.49 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 24, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 400 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, August 22. As per Monday, October 16, the company rating was upgraded by KeyBanc Capital Markets. Bank of America maintained Apple Inc. (NASDAQ:AAPL) on Thursday, January 19 with “Buy” rating. The firm earned “Overweight” rating on Wednesday, April 20 by Barclays Capital. Barclays Capital maintained the shares of AAPL in report on Friday, November 3 with “Hold” rating. The firm earned “Buy” rating on Wednesday, September 9 by Rosenblatt. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Monday, February 12 by Wells Fargo. The firm earned “Buy” rating on Monday, September 21 by Canaccord Genuity. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, March 21 with “Buy” rating. The rating was maintained by Oppenheimer with “Outperform” on Monday, January 11.

Since December 7, 2017, it had 0 buys, and 5 insider sales for $26.72 million activity. Maestri Luca had sold 39,122 shares worth $6.83 million. 69,491 Apple Inc. (NASDAQ:AAPL) shares with value of $11.56M were 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. Moreover, Hall Laurie J Trustee has 1.9% invested in Apple Inc. (NASDAQ:AAPL). Oak Ridge Limited Liability Co invested in 2.58% or 319,783 shares. Basswood Cap Llc reported 0.12% stake. Victory Cap Mngmt has invested 0.19% in Apple Inc. (NASDAQ:AAPL). Jfs Wealth Advsrs Limited Liability Company reported 1.28% stake. Jacobs Levy Equity Mngmt Inc has invested 2.1% in Apple Inc. (NASDAQ:AAPL). Steinberg Asset Management reported 0.81% of its portfolio in Apple Inc. (NASDAQ:AAPL). Atwood & Palmer Inc reported 118,147 shares stake. Mcmillion Capital Mngmt holds 5.14% or 50,610 shares in its portfolio. Monetta Financial invested in 4.15% or 47,000 shares. Bryn Mawr Trust holds 269,092 shares or 2.49% of its portfolio. Robecosam Ag stated it has 21,000 shares or 0.24% of all its holdings. Trustees Of Dartmouth College reported 203 shares or 0.03% of all its holdings. Walleye Trading Limited Liability Company stated it has 0.35% in Apple Inc. (NASDAQ:AAPL). Wall Street Access Asset Mngmt Ltd Llc holds 6.07% or 22,697 shares in its portfolio.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 EPS, up 29.05% or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75 billion for 14.96 P/E if the $2.71 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.

Among 17 analysts covering Con Edison (NYSE:ED), 1 have Buy rating, 6 Sell and 10 Hold. Therefore 6% are positive. Con Edison had 51 analyst reports since July 29, 2015 according to SRatingsIntel. UBS maintained it with “Sell” rating and $62 target in Monday, February 22 report. The stock of Consolidated Edison, Inc. (NYSE:ED) earned “Underweight” rating by Morgan Stanley on Thursday, August 10. Morgan Stanley maintained Consolidated Edison, Inc. (NYSE:ED) rating on Monday, November 13. Morgan Stanley has “Underweight” rating and $84 target. J.P. Morgan initiated Consolidated Edison, Inc. (NYSE:ED) on Friday, January 12 with “Sell” rating. The firm earned “Hold” rating on Thursday, July 14 by Jefferies. Goldman Sachs maintained Consolidated Edison, Inc. (NYSE:ED) rating on Wednesday, September 14. Goldman Sachs has “Sell” rating and $70 target. UBS maintained it with “Sell” rating and $58 target in Friday, August 14 report. The stock of Consolidated Edison, Inc. (NYSE:ED) has “Underweight” rating given on Friday, September 8 by Morgan Stanley. BMO Capital Markets maintained it with “Hold” rating and $8500 target in Friday, August 4 report. The firm has “Underweight” rating by Morgan Stanley given on Monday, April 16.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.02, from 1.08 in 2017Q3. It turned negative, as 41 investors sold ED shares while 213 reduced holdings. 63 funds opened positions while 207 raised stakes. 169.29 million shares or 0.15% less from 169.54 million shares in 2017Q3 were reported. Apriem accumulated 82,764 shares. Chevy Chase reported 270,816 shares. San Francisco Sentry Invest (Ca) owns 264 shares. Trust Of Vermont owns 11,185 shares for 0.09% of their portfolio. Assetmark stated it has 6,973 shares or 0.01% of all its holdings. Cape Cod Five Cents Savings Bank stated it has 5,705 shares. West Oak Limited Liability Company accumulated 225 shares. Virtu Financial Limited Liability Company has invested 0.03% of its portfolio in Consolidated Edison, Inc. (NYSE:ED). Cordasco Fin Network has 500 shares for 0.04% of their portfolio. Haverford Tru stated it has 27,902 shares. Sun Life Fincl holds 0.01% in Consolidated Edison, Inc. (NYSE:ED) or 678 shares. Perkins Coie, a Washington-based fund reported 517 shares. Hamel Assocs Inc owns 39,256 shares or 1.58% of their US portfolio. Arcadia Mngmt Mi has 500 shares. Nomura Inc has invested 0.01% of its portfolio in Consolidated Edison, Inc. (NYSE:ED).

Regal Investment Advisors Llc, which manages about $657.66M and $448.69M US Long portfolio, decreased its stake in Ishares Tr (HYG) by 8,290 shares to 2,371 shares, valued at $207,000 in 2017Q4, according to the filing. It also reduced its holding in First Tr Exch Trd Alpha (FDT) by 19,950 shares in the quarter, leaving it with 13,855 shares, and cut its stake in Visa Inc (NYSE:V).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts