Penn Davis Mcfarland Lowered Its Holding in Apple (AAPL) as Market Value Rose; Personal Capital Advisors Position in Cogent Communications Hldgs (CCOI) Lowered by $710,784

January 14, 2018 - By Clifton Ray

Personal Capital Advisors Corp decreased its stake in Cogent Communications Hldgs (CCOI) by 5.53% based on its latest 2017Q3 regulatory filing with the SEC. Personal Capital Advisors Corp sold 14,808 shares as the company’s stock declined 9.38% while stock markets rallied. The institutional investor held 252,933 shares of the technology company at the end of 2017Q3, valued at $12.37M, down from 267,741 at the end of the previous reported quarter. Personal Capital Advisors Corp who had been investing in Cogent Communications Hldgs for a number of months, seems to be less bullish one the $2.03 billion market cap company. The stock increased 0.67% or $0.3 during the last trading session, reaching $45.3. About 161,842 shares traded. Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has risen 1.01% since January 14, 2017 and is uptrending. It has underperformed by 15.69% the S&P500.

Penn Davis Mcfarland Inc decreased its stake in Apple Inc. (AAPL) by 23.33% based on its latest 2017Q3 regulatory filing with the SEC. Penn Davis Mcfarland Inc sold 46,904 shares as the company’s stock rose 12.78% with the market. The institutional investor held 154,104 shares of the computer manufacturing company at the end of 2017Q3, valued at $23.75 million, down from 201,008 at the end of the previous reported quarter. Penn Davis Mcfarland Inc who had been investing in Apple Inc. for a number of months, seems to be less bullish one the $900.87 billion market cap company. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 17 analysts covering Cogent Communications Group Inc. (NASDAQ:CCOI), 7 have Buy rating, 3 Sell and 7 Hold. Therefore 41% are positive. Cogent Communications Group Inc. had 46 analyst reports since August 7, 2015 according to SRatingsIntel. Citigroup downgraded Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Thursday, November 2 to “Sell” rating. The firm earned “Hold” rating on Thursday, August 3 by Jefferies. The rating was maintained by Citigroup on Friday, August 7 with “Buy”. Cowen & Co downgraded the stock to “Market Perform” rating in Tuesday, May 2 report. The firm earned “Buy” rating on Thursday, August 10 by Oppenheimer. The rating was maintained by Citigroup on Wednesday, July 27 with “Neutral”. The firm has “Buy” rating by Drexel Hamilton given on Friday, October 16. JP Morgan reinitiated Cogent Communications Holdings, Inc. (NASDAQ:CCOI) on Monday, September 26 with “Neutral” rating. The rating was maintained by Deutsche Bank with “Buy” on Tuesday, October 10. The stock has “Hold” rating by Cowen & Co on Thursday, August 3.

Investors sentiment decreased to 1.37 in 2017 Q3. Its down 0.09, from 1.46 in 2017Q2. It turned negative, as 16 investors sold CCOI shares while 49 reduced holdings. 25 funds opened positions while 64 raised stakes. 43.39 million shares or 2.10% more from 42.50 million shares in 2017Q2 were reported. North Star Investment Corp has 0.04% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). 160,555 are owned by American Natl Ins Tx. Alliancebernstein LP reported 69,861 shares stake. Federated Incorporated Pa holds 0% or 257 shares. Sei Investments owns 4,163 shares for 0% of their portfolio. Bradley Foster & Sargent Inc Ct invested in 17,728 shares. Amer Interest Gp has 0.01% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). The California-based Schwab Charles Investment Mngmt has invested 0.01% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Chesley Taft And Associates Limited Co owns 16,625 shares or 0.07% of their US portfolio. Tiaa Cref Inv Mngmt Limited Company invested in 108,752 shares or 0% of the stock. First Washington has invested 2.56% in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). 3,715 were reported by Citigroup. Moreover, Cap Invsts has 0.01% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI). Clearbridge Invs Llc owns 832 shares or 0% of their US portfolio. Financial Bank Of America De has 0% invested in Cogent Communications Holdings, Inc. (NASDAQ:CCOI).

Analysts await Cogent Communications Holdings, Inc. (NASDAQ:CCOI) to report earnings on February, 22. They expect $0.12 EPS, up 33.33% or $0.03 from last year’s $0.09 per share. CCOI’s profit will be $5.37M for 94.38 P/E if the $0.12 EPS becomes a reality. After $0.08 actual EPS reported by Cogent Communications Holdings, Inc. for the previous quarter, Wall Street now forecasts 50.00% EPS growth.

Personal Capital Advisors Corp, which manages about $1.01B and $5.13 billion US Long portfolio, upped its stake in Ishares Tr (IGOV) by 369,937 shares to 658,732 shares, valued at $32.44 million in 2017Q3, according to the filing. It also increased its holding in Vanguard World Fds (VDE) by 14,240 shares in the quarter, for a total of 39,709 shares, and has risen its stake in Starbucks Corp (NASDAQ:SBUX).

Since August 1, 2017, it had 0 buys, and 16 insider sales for $2.04 million activity. ONEILL TIMOTHY G sold $41,950 worth of stock. Shares for $186,492 were sold by KUMMER RAYMOND B on Wednesday, September 13. BUBECK JAMES had sold 500 shares worth $21,781 on Friday, August 11. 3,000 shares were sold by KILMER HENRY W, worth $139,350. BEURY ROBERT N JR sold $140,261 worth of stock or 3,000 shares. WEED THADDEUS GERARD had sold 3,000 shares worth $141,093 on Friday, September 1.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It is positive, 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. Cobblestone Cap Advisors Limited Com holds 1.56% or 82,211 shares. Solaris Asset Ltd Liability Company accumulated 43,229 shares or 3.9% of the stock. Td Asset Management Inc holds 6.31M shares or 1.46% of its portfolio. Cullen Frost Bankers invested 2.95% of its portfolio in Apple Inc. (NASDAQ:AAPL). 2,171 were reported by Capital Investment Svcs Of America Inc. Stralem & Company, New York-based fund reported 6,400 shares. Mitsubishi Ufj Securities Hldg owns 5,910 shares for 4.35% of their portfolio. Caprock Group reported 1.59% stake. Eagleclaw Managment Ltd Com has invested 5.37% of its portfolio in Apple Inc. (NASDAQ:AAPL). Hikari Ltd invested 0.03% of its portfolio in Apple Inc. (NASDAQ:AAPL). Amalgamated Bancorp has 628,814 shares for 3.02% of their portfolio. Gotham Asset Management Ltd Liability Corp holds 0.62% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 272,095 shares. 14,821 were reported by Rfg Advisory Ltd. John G Ullman And has invested 0.54% in Apple Inc. (NASDAQ:AAPL). Atlantic Trust Gp Ltd Com accumulated 3.64M shares.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08B for 11.81 P/E if the $3.75 EPS becomes a reality. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

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