Published: Tue, April 24, 2018
IT&Software | By Alfonso Woods

Analyst Activity - Wells Fargo Reiterates Hold on NASDAQ:AAPL - Apple (NASDAQ:AAPL)

The stock decreased 0.62% or $1.02 during the last trading session, reaching $164.22. About 47,435 shares traded. Since April 24, 2017 AAPL has risen 19.49% and is uptrending. It has outperformed by 7.94% the S&P500. (BA) by 1.74% based on its latest 2017Q4 regulatory filing with the SEC. Massachusetts Financial Services Company acquired 43,618 shares as Whirlpool Corp (WHR)'s stock declined 11.00%. The institutional investor held 9,133 shares of the computer manufacturing company at the end of 2017Q4, valued at $1.55M, up from 7,140 at the end of the previous reported quarter. State Street Corp now owns 219,739,579 shares of the iPhone maker's stock valued at $25,450,260,000 after buying an additional 4,301,005 shares during the last quarter. About 60.26 million shares traded or 55.95% up from the average. The Boeing Company (NYSE:BA) has risen 82.35% since April 23, 2017 and is uptrending. It has outperformed by 49.08% the S&P500.

AAPL had 5 selling transactions and 0 insider buys since December 7, 2017. The shares were sold at an average price of $174.66, for a total value of $6,833,048.52. Finally, Norges Bank purchased a new stake in shares of Apple during the fourth quarter valued at $5,625,709,000. PiperJaffray maintained the shares of AAPL in report on Wednesday, October 26 with "Overweight" rating.

Analysts await Apple Inc. UBS has "Buy" rating and $17000 target. Therefore 78% are positive.

First Heartland Consultants Inc decreased Boeing Co (BA) stake by 21.55% reported in 2017Q4 SEC filing. UBS maintained Genworth Financial, Inc. (NYSE:CAT) rating on Wednesday, July 26. DA Davidson has "Neutral" rating and $1.0 target. As per Thursday, November 30, the company rating was maintained by Piper Jaffray. BMO Capital Markets maintained Caterpillar Inc. The stock has "Top Pick" rating by RBC Capital Markets on Monday, October 26. The rating was maintained by Macquarie Research on Wednesday, April 27 with "Buy". The firm earned "Hold" rating on Friday, November 3 by Barclays Capital. Bank of America maintained Caterpillar Inc. The stock of Prudential plc (LON:PRU) has "Neutral" rating given on Thursday, December 10 by Nomura. (NYSE:CAT) has "Mixed" rating given on Monday, September 19 by OTR Global. (NASDAQ:AAPL) earned "Buy" rating by BTIG Research on Tuesday, February 13.

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It increased, as 33 investors sold AR shares while 72 reduced holdings. 148 funds opened positions while 391 raised stakes. 282.31 million shares or 3.23% less from 291.74 million shares in 2017Q3 were reported. Kynikos Assoc Lp holds 0.84% or 13,927 shares in its portfolio. Commonwealth Of Pennsylvania Public School Empls Retrmt has 1.06% invested in Apple Inc. Marathon Trading Mngmt has 5.97% invested in Apple Inc. Savings Bank Of Ny Mellon Corporation invested 0% of its portfolio in The Goldfield Corporation (NYSEAMERICAN:GV). Lenox Wealth Advisors stated it has 6,795 shares. Heritage Wealth Advsrs accumulated 851 shares. (NASDAQ:AAPL). Emory University holds 0.2% or 1,359 shares. Legal And General Public Limited invested 0% in Willbros Group, Inc. Linscomb Williams holds 52,794 shares or 0.73% of its portfolio. 18,168 were reported by Northeast Fin Consultants. (NASDAQ:AAPL). Stelac Advisory accumulated 4,268 shares. Johnson Inv Counsel holds 0.05% in Caterpillar Inc. (NYSE:NOW) for 826,300 shares. (NYSE:NOW). Moreover, Associated Banc has 0.14% invested in ServiceNow, Inc. (NYSE:CAT). Edgar Lomax Co Va holds 3.29% or 305,765 shares in its portfolio.

This is an increase from Apple's previous quarterly dividend of $0.57. Its up 0.15, from 1.17 in 2017Q3.

A number of other institutional investors have also bought and sold shares of the business. 151 funds acquired holdings and 637 increased holdings. 9,112 were reported by Twin Focus Capital Partners Ltd Liability Corporation. Olstein Lp holds 2.44% or 113,000 shares in its portfolio. Wealthtrust Axiom Limited Liability Corporation accumulated 18,995 shares. Honeywell International Inc, New Jersey-based fund reported 392,600 shares. Louisiana State Employees Retirement Sys invested in 310,800 shares or 2.39% of the stock. Forte Limited Com Adv has invested 4.54% in Apple Inc. (NASDAQ:AAPL) for 46,816 shares. L S Advsr Inc holds 1.81% or 69,948 shares in its portfolio. Signaturefd Limited Liability Com stated it has 1.12% in Apple Inc. Oppenheimer Holdings Inc. reaffirmed a " rating on shares of Apple in a report on Wednesday, February 22nd. Dowling Yahnke Ltd Liability Co invested in 131,833 shares. Waverton Invest Mngmt reported 7.28% of its portfolio in Apple Inc.

Among 54 analysts covering Apple Inc. Two investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirty-two have issued a buy rating and one has given a strong buy rating to the company. Therefore 65% are positive. Apple had 92 analyst reports since October 25, 2017 according to SRatingsIntel. The firm has "Outperform" rating given on Thursday, August 6 by Raymond James. On Friday, November 3 Barclays Capital maintained Apple Inc. The rating was maintained by Canaccord Genuity with "Buy" on Thursday, July 6. Apple Inc now has $838.43B valuation.

On 11/2/2017 NASDAQ:AAPL - Apple announced a quarterly dividend of $0.63 1.46% with an ex dividend date of 11/10/2017 which will be payable on 11/16/2017. CLSA has "Buy" rating and $128 target. Host Hotels & Resorts Inc Reit (NYSE:HST) was reduced too. (NASDAQ:AAPL). Northeast Investment holds 3.98% or 280,233 shares in its portfolio. Cowen & Co has "Outperform" rating and $125 target. The firm has "Buy" rating given on Friday, September 11 by FBR Capital. The firm earned "Buy" rating on Tuesday, September 1 by Macquarie Research. The rating was upgraded by Morgan Stanley on Tuesday, August 1 to "Equal-Weight". In Friday, November 3 report Rosenblatt upgraded the stock to "Buy" rating.

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