Apple (AAPL) Stock Price Declined While London Co Of Virginia Raised Stake by $1.89 Million; As Deluxe (DLX) Share Price Declined, Smith Asset Management Group LP Decreased Its Holding

April 25, 2018 - By Nellie Frank

Deluxe Corporation (NYSE:DLX) Logo

London Co Of Virginia increased its stake in Apple Inc (AAPL) by 1.21% based on its latest 2017Q4 regulatory filing with the SEC. London Co Of Virginia bought 11,183 shares as the company’s stock declined 3.81% with the market. The institutional investor held 934,046 shares of the computer manufacturing company at the end of 2017Q4, valued at $158.07 million, up from 922,863 at the end of the previous reported quarter. London Co Of Virginia who had been investing in Apple Inc for a number of months, seems to be bullish on the $836.88 billion market cap company. The stock increased 1.22% or $1.995 during the last trading session, reaching $164.935. About 16.36M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 25, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Smith Asset Management Group Lp decreased its stake in Deluxe Corp (DLX) by 34.78% based on its latest 2017Q4 regulatory filing with the SEC. Smith Asset Management Group Lp sold 19,710 shares as the company’s stock declined 4.13% with the market. The hedge fund held 36,963 shares of the publishing company at the end of 2017Q4, valued at $2.84M, down from 56,673 at the end of the previous reported quarter. Smith Asset Management Group Lp who had been investing in Deluxe Corp for a number of months, seems to be less bullish one the $3.56B market cap company. The stock decreased 0.71% or $0.53 during the last trading session, reaching $74.45. About 99,971 shares traded. Deluxe Corporation (NYSE:DLX) has risen 2.91% since April 25, 2017 and is uptrending. It has underperformed by 8.64% the S&P500.

Since January 29, 2018, it had 0 insider purchases, and 6 insider sales for $3.59 million activity. $1.28 million worth of stock was sold by SCHRAM LEE J on Friday, February 23. 2,198 shares valued at $167,871 were sold by Loosbrock Julie M on Monday, January 29. $1.19 million worth of Deluxe Corporation (NYSE:DLX) was sold by Filby John D on Tuesday, March 13. 5,402 shares were sold by McRoberts Malcolm, worth $412,983.

Smith Asset Management Group Lp, which manages about $2.91 billion and $3.18 billion US Long portfolio, upped its stake in Emcor Group Inc (NYSE:EME) by 27,990 shares to 41,635 shares, valued at $3.40 million in 2017Q4, according to the filing. It also increased its holding in Unitedhealth Group Inc (NYSE:UNH) by 10,300 shares in the quarter, for a total of 58,600 shares, and has risen its stake in Microsoft Corp (NASDAQ:MSFT).

Analysts await Deluxe Corporation (NYSE:DLX) to report earnings on April, 26 before the open. They expect $1.30 EPS, up 4.00% or $0.05 from last year’s $1.25 per share. DLX’s profit will be $62.16 million for 14.32 P/E if the $1.30 EPS becomes a reality. After $1.40 actual EPS reported by Deluxe Corporation for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Investors sentiment decreased to 0.81 in 2017 Q4. Its down 0.38, from 1.19 in 2017Q3. It dropped, as 21 investors sold DLX shares while 117 reduced holdings. 32 funds opened positions while 80 raised stakes. 42.91 million shares or 1.42% less from 43.53 million shares in 2017Q3 were reported. State Board Of Administration Of Florida Retirement System accumulated 17,418 shares. Smith Asset Management Gp Lp has invested 0.09% in Deluxe Corporation (NYSE:DLX). Massachusetts-based Panagora Asset Management has invested 0% in Deluxe Corporation (NYSE:DLX). Oregon Public Employees Retirement Fund stated it has 0.02% in Deluxe Corporation (NYSE:DLX). Fcg Advsrs Limited Co holds 0.1% or 3,605 shares in its portfolio. Eagle Asset Mgmt has invested 0.12% in Deluxe Corporation (NYSE:DLX). Dean Capital Mngmt accumulated 50,717 shares or 1.84% of the stock. Fmr Limited Liability Com stated it has 3.32M shares. Clark Mngmt Grp owns 0.07% invested in Deluxe Corporation (NYSE:DLX) for 29,102 shares. Riverhead Capital Mngmt Limited Liability, Delaware-based fund reported 3,836 shares. Bessemer Grp Inc holds 1,160 shares. Stratos Wealth Prtnrs Ltd invested 0.01% of its portfolio in Deluxe Corporation (NYSE:DLX). Aqr Capital Mgmt Limited Liability Corp stated it has 551,248 shares or 0.04% of all its holdings. Moreover, Bowling Management Ltd Liability Com has 0.03% invested in Deluxe Corporation (NYSE:DLX) for 2,761 shares. Qs Invsts Ltd Llc holds 67,150 shares.

Since December 7, 2017, it had 0 insider buys, and 5 selling transactions for $26.72 million activity. SCHILLER PHILIP W sold $11.56 million worth of stock or 69,491 shares. Another trade for 39,122 shares valued at $6.83 million was sold by Maestri Luca.

London Co Of Virginia, which manages about $13.80B US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 378,877 shares to 3.75M shares, valued at $211.13M in 2017Q4, according to the filing. It also reduced its holding in General Dynamics Corp (NYSE:GD) by 166,635 shares in the quarter, leaving it with 2.30M shares, and cut its stake in Dollar Tree Inc (NASDAQ:DLTR).

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It increased, 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. 3.66M are owned by Axa. 1832 Asset Mngmt Limited Partnership has 1.98 million shares for 1.09% of their portfolio. Stock Yards State Bank Tru reported 161,461 shares. Lvm Capital Management Limited Mi invested in 158,156 shares. Budros Ruhlin Roe owns 43,667 shares for 2.03% of their portfolio. 338,419 are held by Patten And Patten Tn. Private Ocean Limited Liability Company has invested 0.32% in Apple Inc. (NASDAQ:AAPL). Brookstone Mgmt holds 17,550 shares or 0.27% of its portfolio. Camelot Portfolios Ltd reported 26,412 shares or 2.11% of all its holdings. Fukoku Mutual Life Insur invested 0.54% in Apple Inc. (NASDAQ:AAPL). Hamilton Point Advsrs Ltd Company holds 2.99% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 33,821 shares. Lakeview Cap Limited Com has invested 3.54% in Apple Inc. (NASDAQ:AAPL). Twin Tree Management Ltd Partnership stated it has 154,402 shares or 0.19% of all its holdings. Moreover, Aqr Capital Limited Liability Company has 1.36% invested in Apple Inc. (NASDAQ:AAPL). Sumitomo Mitsui Asset Management Limited reported 1.1% stake.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 401 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, April 27 by Goldman Sachs. The rating was maintained by Deutsche Bank with “Hold” on Monday, January 11. UBS maintained the shares of AAPL in report on Wednesday, May 31 with “Buy” rating. Stifel Nicolaus downgraded it to “Hold” rating and $115 target in Wednesday, October 26 report. The firm has “Buy” rating by Drexel Hamilton given on Thursday, October 1. Piper Jaffray maintained the stock with “Buy” rating in Friday, January 12 report. The firm has “Buy” rating by Maxim Group given on Friday, February 2. The firm earned “Buy” rating on Monday, December 4 by Tigress Financial. Maxim Group maintained the shares of AAPL in report on Tuesday, January 31 with “Buy” rating. The stock has “Hold” rating by Oppenheimer on Tuesday, June 6.

Deluxe Corporation (NYSE:DLX) Institutional Positions Chart

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