Exxonmobil Investment Management INC Has Trimmed Its Holding in Apple INC Com Stk (AAPL) by $6.61 Million

June 19, 2018 - By Maria Brooks

Apple Inc. (NASDAQ:AAPL) LogoInvestors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It is negative, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. 17,635 were reported by Herald Inv Mgmt Limited. Mraz Amerine And Assoc Incorporated holds 8,713 shares or 0.46% of its portfolio. 1,722 are owned by Salzhauer Michael. Vantage Invest Advisors Limited Company invested in 3.45% or 80,963 shares. Private Ocean Limited Co reported 4,565 shares or 0.36% of all its holdings. 81,141 were reported by De Burlo Grp Inc. Oppenheimer Asset Mngmt Inc holds 0.6% or 143,072 shares in its portfolio. Skylands Capital Limited Company stated it has 339,075 shares or 7.5% of all its holdings. Ancora Advisors has 178,939 shares for 1.35% of their portfolio. Matthew 25 Mngmt Corp accumulated 8.32% or 167,500 shares. Tower Research Lc (Trc) reported 145 shares. Columbia Ptnrs L L C Inv Mgmt reported 3.7% of its portfolio in Apple Inc. (NASDAQ:AAPL). South Texas Money Mngmt holds 0.51% or 66,231 shares in its portfolio. Trb LP holds 17.48% or 50,000 shares in its portfolio. Moreover, Moneta Gru Investment Limited Com has 0.45% invested in Apple Inc. (NASDAQ:AAPL).

Since January 5, 2018, it had 0 buys, and 12 selling transactions for $51.10 million activity. 4,769 shares were sold by Maestri Luca, worth $903,928 on Thursday, May 31. $2.81M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Srouji Johny. 4,867 shares valued at $910,129 were sold by KONDO CHRIS on Wednesday, May 16. SCHILLER PHILIP W sold $11.56M worth of stock or 69,491 shares. 38,228 Apple Inc. (NASDAQ:AAPL) shares with value of $6.75 million were sold by AHRENDTS ANGELA J. Shares for $6.51M were sold by LEVINSON ARTHUR D on Wednesday, May 9.

Exxonmobil Investment Management Inc decreased its stake in Apple Inc Com Stk (AAPL) by 4.85% based on its latest 2018Q1 regulatory filing with the SEC. Exxonmobil Investment Management Inc sold 39,600 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 776,779 shares of the computer manufacturing company at the end of 2018Q1, valued at $130.33M, down from 816,379 at the end of the previous reported quarter. Exxonmobil Investment Management Inc who had been investing in Apple Inc Com Stk for a number of months, seems to be less bullish one the $927.68 billion market cap company. The stock decreased 0.05% or $0.1 during the last trading session, reaching $188.74. About 14.84 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 19, 2017 and is uptrending. It has outperformed by 9.99% the S&P500.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14 % or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.55 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78 % negative EPS growth.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Finance.Yahoo.com which released: “Apple Inc. (NASDAQ:AAPL) To Push NFC Updates That Will Allow Users To Unlock Cars And Doors” on May 30, 2018, also Livetradingnews.com with their article: “Apple Inc. (NASDAQ:AAPL) Target $182.00” published on June 18, 2018, Seekingalpha.com published: “Deciphering Apple’s Autonomous Vehicle Strategy” on June 13, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “When FAANGs Sink Their Teeth Into You” published on June 18, 2018 as well as Nasdaq.com‘s news article titled: “Friday Apple Rumors: Leak May Reveal 2018 iPhone Display Sizes” with publication date: June 15, 2018.

Apple Inc. (NASDAQ:AAPL) Ratings Coverage

Among 35 analysts covering Apple (NASDAQ:AAPL), 19 have Buy rating, 0 Sell and 16 Hold. Therefore 54% are positive. Apple has $235 highest and $157 lowest target. $198.19’s average target is 5.01% above currents $188.74 stock price. Apple had 79 analyst reports since January 2, 2018 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, February 2 by Needham. The company was maintained on Friday, June 8 by Argus Research. The rating was maintained by Citigroup with “Buy” on Thursday, April 5. The firm has “Buy” rating by Piper Jaffray given on Friday, January 12. The company was maintained on Friday, January 5 by UBS. The company was maintained on Tuesday, April 24 by UBS. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Bank of America on Tuesday, February 13. As per Wednesday, March 7, the company rating was downgraded by Stifel Nicolaus. Guggenheim maintained Apple Inc. (NASDAQ:AAPL) on Friday, April 13 with “Buy” rating. The stock has “Hold” rating by Nomura on Tuesday, February 13.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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