Bouchey Financial Group LTD Cut Apple (AAPL) Holding by $337,106 as Stock Price Rose; Altrinsic Global Advisors Holds Holding in Qualcomm (QCOM)

January 18, 2018 - By Marie Mckinney

Bouchey Financial Group Ltd decreased its stake in Apple Inc (AAPL) by 2.72% based on its latest 2017Q3 regulatory filing with the SEC. Bouchey Financial Group Ltd sold 2,189 shares as the company’s stock rose 12.78% with the market. The institutional investor held 78,261 shares of the computer manufacturing company at the end of 2017Q3, valued at $12.06 million, down from 80,450 at the end of the previous reported quarter. Bouchey Financial Group Ltd who had been investing in Apple Inc for a number of months, seems to be less bullish one the $913.84 billion market cap company. The stock increased 0.30% or $0.54 during the last trading session, reaching $179.64. About 18.28M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 18, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Altrinsic Global Advisors Llc increased its stake in Qualcomm Inc (QCOM) by 48.99% based on its latest 2017Q3 regulatory filing with the SEC. Altrinsic Global Advisors Llc bought 150,251 shares as the company’s stock rose 2.14% with the market. The institutional investor held 456,933 shares of the radio and television broadcasting and communications equipment company at the end of 2017Q3, valued at $23.69 million, up from 306,682 at the end of the previous reported quarter. Altrinsic Global Advisors Llc who had been investing in Qualcomm Inc for a number of months, seems to be bullish on the $100.47 billion market cap company. The stock decreased 0.24% or $0.16 during the last trading session, reaching $67.86. About 3.20 million shares traded. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 18, 2017 and is uptrending. It has underperformed by 7.39% the S&P500.

Bouchey Financial Group Ltd, which manages about $227.31 million and $319.44M US Long portfolio, upped its stake in Proshares Tr by 6,570 shares to 234,026 shares, valued at $13.12M in 2017Q3, according to the filing. It also increased its holding in Powershares Qqq Trust (QQQ) by 4,117 shares in the quarter, for a total of 262,435 shares, and has risen its stake in Schwab Strategic Tr (SCHB).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 EPS, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08 billion for 11.98 P/E if the $3.75 EPS becomes a reality. After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 12 Hold. Therefore 75% are positive. Apple Inc. had 349 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, July 24. BMO Capital Markets has “Buy” rating and $17000 target. UBS maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, November 16. UBS has “Buy” rating and $140 target. The firm has “Overweight” rating given on Wednesday, October 26 by PiperJaffray. Needham maintained it with “Buy” rating and $17500 target in Wednesday, August 2 report. On Friday, September 11 the stock rating was maintained by Wells Fargo with “Outperform”. Drexel Hamilton maintained the shares of AAPL in report on Wednesday, July 27 with “Buy” rating. The company was maintained on Friday, September 11 by Credit Suisse. As per Tuesday, August 25, the company rating was maintained by Cowen & Co. As per Wednesday, October 26, the company rating was maintained by Credit Suisse. The rating was maintained by Argus Research with “Buy” on Wednesday, January 27.

Since August 7, 2017, it had 0 buys, and 12 selling transactions for $93.68 million activity. 15,641 shares were sold by Riccio Daniel J., worth $2.65M. On Monday, August 28 the insider Srouji Johny sold $948,612. The insider LEVINSON ARTHUR D sold $5.52M. 63,388 shares were sold by AHRENDTS ANGELA J, worth $9.78M. $8.79M worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W on Tuesday, October 3. SEWELL D BRUCE also sold $5.00 million worth of Apple Inc. (NASDAQ:AAPL) shares.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It increased, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Kj Harrison & Prtnrs reported 63,032 shares stake. Highstreet Asset stated it has 0.58% in Apple Inc. (NASDAQ:AAPL). Meiji Yasuda Life Insurance Co owns 128,312 shares for 2.91% of their portfolio. Sather Grp holds 0.15% or 3,501 shares in its portfolio. Summit Financial Wealth Advsrs Limited Liability Corporation accumulated 0.87% or 15,594 shares. Wills Financial Gru Inc owns 35,841 shares. Meyer Handelman has invested 1.1% of its portfolio in Apple Inc. (NASDAQ:AAPL). 2,489 are held by Ironwood Fin Lc. Texan Capital stated it has 24,762 shares. Private Wealth Advsrs Inc has invested 5.64% in Apple Inc. (NASDAQ:AAPL). Columbia Asset Mgmt holds 92,418 shares or 4.38% of its portfolio. Rafferty Asset Ltd Limited Liability Company reported 0.04% of its portfolio in Apple Inc. (NASDAQ:AAPL). Martin Incorporated Tn accumulated 48,864 shares or 2.45% of the stock. National Bank & Trust Of The Ozarks holds 2.45% or 38,542 shares in its portfolio. Palisades Hudson Asset Management LP owns 15,540 shares for 1.36% of their portfolio.

Investors sentiment decreased to 0.85 in 2017 Q3. Its down 0.13, from 0.98 in 2017Q2. It dropped, as 83 investors sold QCOM shares while 490 reduced holdings. 89 funds opened positions while 397 raised stakes. 1.10 billion shares or 0.88% less from 1.11 billion shares in 2017Q2 were reported. Twin Tree Management L P, a Texas-based fund reported 112,928 shares. Ferguson Wellman holds 7,126 shares or 0.01% of its portfolio. Washington Trust Com reported 360 shares. Trustmark Fincl Bank Trust Department reported 44,859 shares. Chesley Taft Associates Ltd Llc invested in 20,390 shares or 0.09% of the stock. Needelman Asset Management stated it has 2.16% in QUALCOMM Incorporated (NASDAQ:QCOM). Cap World Investors stated it has 8.59 million shares or 0.1% of all its holdings. Amarillo Commercial Bank holds 0.11% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM) for 6,230 shares. Lord Abbett Com Ltd Liability Corp has 0.42% invested in QUALCOMM Incorporated (NASDAQ:QCOM) for 2.80M shares. Park Corp Oh owns 12,359 shares or 0.04% of their US portfolio. Exane Derivatives reported 0.14% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Becker Mngmt Inc reported 729,400 shares. Amica Retiree Trust stated it has 8,883 shares. Capital Serv Of America has invested 1.36% of its portfolio in QUALCOMM Incorporated (NASDAQ:QCOM). Barrett Asset Mgmt Limited Liability holds 0% in QUALCOMM Incorporated (NASDAQ:QCOM) or 774 shares.

Among 36 analysts covering Qualcomm Inc. (NASDAQ:QCOM), 16 have Buy rating, 1 Sell and 19 Hold. Therefore 44% are positive. Qualcomm Inc. had 126 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has “Outperform” rating given on Thursday, July 23 by Cowen & Co. The firm has “Neutral” rating by Mizuho given on Thursday, January 14. CLSA initiated the stock with “Outperform” rating in Tuesday, May 17 report. The firm earned “Buy” rating on Tuesday, November 14 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus on Friday, May 26 with “Buy”. The company was maintained on Thursday, November 5 by Mizuho. RBC Capital Markets maintained QUALCOMM Incorporated (NASDAQ:QCOM) on Monday, November 23 with “Outperform” rating. Evercore downgraded the shares of QCOM in report on Friday, July 1 to “Hold” rating. Canaccord Genuity maintained QUALCOMM Incorporated (NASDAQ:QCOM) rating on Monday, June 26. Canaccord Genuity has “Buy” rating and $7000 target. As per Monday, May 22, the company rating was upgraded by JP Morgan.

Since August 20, 2017, it had 0 insider purchases, and 5 insider sales for $3.11 million activity. ROGERS ALEXANDER H had sold 356 shares worth $19,117. On Tuesday, January 9 GROB MATTHEW S sold $2.81 million worth of QUALCOMM Incorporated (NASDAQ:QCOM) or 43,000 shares.

Altrinsic Global Advisors Llc, which manages about $14.11B and $2.64B US Long portfolio, decreased its stake in Pepsico Inc (NYSE:PEP) by 6,312 shares to 472,446 shares, valued at $52.65M in 2017Q3, according to the filing. It also reduced its holding in Fidelity National Financial (NYSE:FNF) by 584,082 shares in the quarter, leaving it with 9,570 shares, and cut its stake in Willis Towers Watson Pub Ltd.

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