Apple (AAPL) Holder Force Capital Management Boosted Stake by $792,000; As Air Lease (AL) Stock Declined, Nfc Investments Has Raised Holding

December 18, 2017 - By Marie Mckinney

Robert Jaffe increased its stake in Apple Inc (AAPL) by 51.19% based on its latest 2017Q2 regulatory filing with the SEC. Force Capital Management Llc bought 5,500 shares as the company’s stock rose 12.78% with the market. The hedge fund run by Robert Jaffe held 16,245 shares of the computer manufacturing company at the end of 2017Q2, valued at $2.34 million, up from 10,745 at the end of the previous reported quarter. Force Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $893.22B market cap company. The stock increased 1.02% or $1.75 during the last trading session, reaching $173.97. About 40.17 million shares traded or 46.95% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since December 18, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Nfc Investments Llc increased its stake in Air Lease Corp (AL) by 2.76% based on its latest 2017Q2 regulatory filing with the SEC. Nfc Investments Llc bought 10,585 shares as the company’s stock declined 4.16% while stock markets rallied. The hedge fund held 393,710 shares of the diversified commercial services company at the end of 2017Q2, valued at $14.71M, up from 383,125 at the end of the previous reported quarter. Nfc Investments Llc who had been investing in Air Lease Corp for a number of months, seems to be bullish on the $4.63B market cap company. The stock decreased 0.60% or $0.27 during the last trading session, reaching $44.81. About 258,943 shares traded. Air Lease Corporation (NYSE:AL) has risen 29.12% since December 18, 2016 and is uptrending. It has outperformed by 12.42% the S&P500.

Force Capital Management Llc, which manages about $1.19B and $91.94M US Long portfolio, decreased its stake in Mastercard Incorporated (NYSE:MA) by 2,620 shares to 30,792 shares, valued at $3.74 million in 2017Q2, according to the filing. It also reduced its holding in Citigroup Inc (NYSE:C) by 10,600 shares in the quarter, leaving it with 31,455 shares, and cut its stake in First Industrial Realty Trus (NYSE:FR).

Since August 7, 2017, it had 0 buys, and 11 sales for $90.94 million activity. $9.78 million worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3. Shares for $2.42M were sold by Riccio Daniel J.. 56,808 shares valued at $8.79 million were sold by SCHILLER PHILIP W on Tuesday, October 3. Shares for $5.00M were sold by SEWELL D BRUCE. Shares for $43.15 million were sold by COOK TIMOTHY D. 10,469 shares were sold by Srouji Johny, worth $1.70 million on Wednesday, August 16.

Investors sentiment increased to 0.68 in 2017 Q2. Its up 0.04, from 0.64 in 2017Q1. It is positive, as 62 investors sold AAPL shares while 1068 reduced holdings. 129 funds opened positions while 634 raised stakes. 3.06 billion shares or 2.38% less from 3.13 billion shares in 2017Q1 were reported. Moreover, Ray Gerald L And Assocs Ltd has 3.03% invested in Apple Inc. (NASDAQ:AAPL). Cadinha & Lc holds 1.46% or 58,283 shares in its portfolio. Canada Pension Plan Inv Board owns 9.58 million shares or 3.15% of their US portfolio. Moreover, Greenwich Inv Inc has 0.25% invested in Apple Inc. (NASDAQ:AAPL) for 1,493 shares. Pinebridge Invs Limited Partnership holds 422,573 shares or 1.59% of its portfolio. American Research & Management Com holds 1.81% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 38,211 shares. Mason Street Limited Liability Com invested 2.61% of its portfolio in Apple Inc. (NASDAQ:AAPL). Primecap Mgmt Ca owns 0.11% invested in Apple Inc. (NASDAQ:AAPL) for 923,500 shares. Jacobs Ca holds 108,867 shares or 3.09% of its portfolio. Marathon Trading Inv Mngmt Limited Liability holds 3.67% or 137,400 shares. Confluence Wealth Ltd reported 15,328 shares or 1.09% of all its holdings. Todd Asset Ltd Com, a Kentucky-based fund reported 277,428 shares. Lvw Advisors Ltd, a New York-based fund reported 45,627 shares. First Interstate Savings Bank stated it has 122,962 shares. Capital Investment Counsel reported 187,702 shares stake.

Among 51 analysts covering Apple Inc. (NASDAQ:AAPL), 41 have Buy rating, 1 Sell and 9 Hold. Therefore 80% are positive. Apple Inc. had 339 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, August 11. Jefferies has “Hold” rating and $130 target. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, July 6 by Longbow. The firm has “Buy” rating by UBS given on Wednesday, May 31. Gabelli downgraded the shares of AAPL in report on Friday, December 1 to “Hold” rating. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, September 13 by BMO Capital Markets. The company was maintained on Monday, April 4 by Credit Suisse. Morgan Stanley maintained it with “Overweight” rating and $182 target in Monday, July 17 report. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 27 report. Morgan Stanley maintained it with “Overweight” rating and $135 target in Wednesday, January 27 report. The firm has “Buy” rating by Nomura given on Wednesday, September 6.

Among 13 analysts covering Air Lease (NYSE:AL), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Air Lease had 38 analyst reports since August 7, 2015 according to SRatingsIntel. On Wednesday, July 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was maintained on Friday, February 24 by FBR Capital. The stock of Air Lease Corporation (NYSE:AL) has “Top Pick” rating given on Friday, May 6 by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $7900 target in Monday, July 17 report. The rating was maintained by Cowen & Co on Friday, August 4 with “Buy”. As per Friday, November 6, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained Air Lease Corporation (NYSE:AL) rating on Friday, August 7. RBC Capital Markets has “Top Pick” rating and $66 target. The firm earned “Hold” rating on Friday, December 8 by Citigroup. The company was downgraded on Thursday, April 6 by Morgan Stanley. The company was maintained on Friday, November 10 by Credit Suisse.

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