Apple (AAPL) Stake Has Upped by Alethea Capital Management Llc; Qv Investors Raised Its Holding in At&T (T) as Market Valuation Declined

April 21, 2018 - By Richard Conner

AT&T Inc. (NYSE:T) Logo

Alethea Capital Management Llc increased its stake in Apple Inc (AAPL) by 188.4% based on its latest 2017Q4 regulatory filing with the SEC. Alethea Capital Management Llc bought 1,884 shares as the company’s stock declined 3.81% with the market. The institutional investor held 2,884 shares of the computer manufacturing company at the end of 2017Q4, valued at $488,000, up from 1,000 at the end of the previous reported quarter. Alethea Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $840.87 billion market cap company. The stock decreased 4.10% or $7.08 during the last trading session, reaching $165.72. About 60.26M shares traded or 56.69% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 21, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Qv Investors Inc increased its stake in At&T Inc (T) by 10.27% based on its latest 2017Q4 regulatory filing with the SEC. Qv Investors Inc bought 221,990 shares as the company’s stock declined 10.37% with the market. The institutional investor held 2.38M shares of the telecommunications equipment company at the end of 2017Q4, valued at $92.66 million, up from 2.16M at the end of the previous reported quarter. Qv Investors Inc who had been investing in At&T Inc for a number of months, seems to be bullish on the $225.19B market cap company. The stock decreased 0.43% or $0.15 during the last trading session, reaching $34.67. About 32.45M shares traded or 18.79% up from the average. AT&T Inc. (NYSE:T) has declined 15.88% since April 21, 2017 and is downtrending. It has underperformed by 27.43% the S&P500.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It improved, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Aperio Gp Incorporated Ltd Llc holds 3.24 million shares or 2.84% of its portfolio. Canandaigua Bancshares Trust Co holds 51,431 shares. Synovus invested 1.13% in Apple Inc. (NASDAQ:AAPL). The Alabama-based Baltimore has invested 4.7% in Apple Inc. (NASDAQ:AAPL). Earnest Ptnrs Ltd holds 0% or 2,461 shares. The Michigan-based Fishman Jay A Mi has invested 12.91% in Apple Inc. (NASDAQ:AAPL). Sg Americas Securities Limited holds 0.26% or 162,959 shares. Compass Cap invested in 1,754 shares or 0.04% of the stock. Gator Capital Mgmt Limited Liability Corporation reported 8,420 shares stake. Cubist Systematic Strategies Limited Com has invested 0.08% in Apple Inc. (NASDAQ:AAPL). Moreover, Grantham Mayo Van Otterloo And Communications Ltd Liability has 4.31% invested in Apple Inc. (NASDAQ:AAPL). Wade G W reported 3.85% of its portfolio in Apple Inc. (NASDAQ:AAPL). Harvest Cap Management Incorporated invested 0.38% in Apple Inc. (NASDAQ:AAPL). Cullinan Assocs Inc reported 226,347 shares stake. Haverford Trust stated it has 3.08% of its portfolio in Apple Inc. (NASDAQ:AAPL).

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 399 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Wells Fargo on Tuesday, August 1 with “Hold”. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Wednesday, October 28 by Piper Jaffray. On Wednesday, August 2 the stock rating was maintained by Credit Suisse with “Buy”. FBR Capital maintained the stock with “Buy” rating in Friday, August 7 report. On Tuesday, September 20 the stock rating was maintained by UBS with “Buy”. Mizuho downgraded Apple Inc. (NASDAQ:AAPL) on Monday, June 12 to “Neutral” rating. KeyBanc Capital Markets downgraded Apple Inc. (NASDAQ:AAPL) on Friday, February 2 to “Sector Weight” rating. As per Friday, July 15, the company rating was maintained by Barclays Capital. The stock has “Market Perform” rating by Cowen & Co on Friday, January 8. Stifel Nicolaus maintained it with “Buy” rating and $150 target in Friday, September 11 report.

Since December 7, 2017, it had 0 insider buys, and 5 sales for $26.72 million activity. $2.65M worth of Apple Inc. (NASDAQ:AAPL) was sold by Riccio Daniel J.. $11.56M worth of stock was sold by SCHILLER PHILIP W on Tuesday, April 3.

Among 31 analysts covering AT&T Inc. (NYSE:T), 12 have Buy rating, 1 Sell and 18 Hold. Therefore 39% are positive. AT&T Inc. had 79 analyst reports since July 27, 2015 according to SRatingsIntel. As per Friday, July 15, the company rating was maintained by Barclays Capital. The firm has “Hold” rating given on Monday, October 24 by Drexel Hamilton. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, January 26. Scotia Capital maintained it with “Hold” rating and $3900 target in Friday, April 20 report. Macquarie Research maintained the stock with “Buy” rating in Tuesday, July 25 report. Citigroup maintained AT&T Inc. (NYSE:T) on Tuesday, July 19 with “Buy” rating. The stock has “Hold” rating by RBC Capital Markets on Wednesday, July 26. The rating was maintained by Citigroup with “Buy” on Friday, November 10. The firm has “Hold” rating by Oppenheimer given on Tuesday, July 25. Buckingham Research downgraded AT&T Inc. (NYSE:T) on Friday, June 24 to “Neutral” rating.

Investors sentiment decreased to 0.91 in 2017 Q4. Its down 0.26, from 1.17 in 2017Q3. It is negative, as 67 investors sold T shares while 714 reduced holdings. 125 funds opened positions while 589 raised stakes. 3.09 billion shares or 7.58% less from 3.34 billion shares in 2017Q3 were reported. Naples Advsr Limited Co has invested 0.75% in AT&T Inc. (NYSE:T). Adell Harriman And Carpenter owns 101,674 shares or 0.84% of their US portfolio. National Bank & Trust Of Nova Scotia has invested 0.36% in AT&T Inc. (NYSE:T). 855,031 were reported by Mondrian Invest Limited. Palladium Partners Limited Liability Com owns 543,877 shares for 1.53% of their portfolio. New England & Mngmt Inc holds 15,255 shares. Aureus Asset Ltd Liability Corporation reported 9,803 shares stake. 6,099 were accumulated by Milestone Group Inc. Stevens Capital Ltd Partnership owns 404,380 shares. Levin Cap Strategies LP holds 3.64% or 5.53 million shares in its portfolio. Eagleclaw Managment Ltd Liability Co holds 0.15% in AT&T Inc. (NYSE:T) or 7,627 shares. Wealthcare Capital Mgmt Limited Co holds 0.01% of its portfolio in AT&T Inc. (NYSE:T) for 2,946 shares. Moreover, Raab And Moskowitz Asset Ltd Liability Corporation has 1.45% invested in AT&T Inc. (NYSE:T) for 77,371 shares. Citigroup Inc reported 5.57M shares or 0.17% of all its holdings. Oxbow Advsrs Ltd Co holds 0.65% or 88,911 shares in its portfolio.

Qv Investors Inc, which manages about $1.26B US Long portfolio, decreased its stake in Varex Imaging Corp by 51,780 shares to 2.04M shares, valued at $82.04 million in 2017Q4, according to the filing. It also reduced its holding in Berkshire Hathaway Inc (BRKB) by 20,220 shares in the quarter, leaving it with 351,043 shares, and cut its stake in Now Inc (NYSE:DNOW).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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