Aviance Capital Partners Has Upped Holding in Aflac (AFL); Mcmillion Capital Management Lowered Its Holding in Apple Computer (AAPL) as Stock Rose

June 21, 2018 - By Vivian Currie

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Mcmillion Capital Management Inc decreased its stake in Apple Computer (AAPL) by 4.63% based on its latest 2018Q1 regulatory filing with the SEC. Mcmillion Capital Management Inc sold 2,345 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 48,265 shares of the computer manufacturing company at the end of 2018Q1, valued at $8.10 million, down from 50,610 at the end of the previous reported quarter. Mcmillion Capital Management Inc who had been investing in Apple Computer for a number of months, seems to be less bullish one the $916.67 billion market cap company. The stock increased 0.44% or $0.81 during the last trading session, reaching $186.5. About 17.22 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 21, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 02/04/2018 – APPLE PLANS TO USE ITS OWN CHIPS IN MACS FROM 2020, REPLACING INTEL – BLOOMBERG; 24/04/2018 – “Heading into Apple’s much anticipated March (FY2Q18) quarter next week the Street has gone into ‘full panic mode’ as supply chain checks out of Asia indicate that June iPhone shipments are trending well below expectations,” GBH Insights analyst Daniel Ives writes in a note to clients Tuesday; 16/04/2018 – UBS predicts Apple’s iPhone sales growth in China will be roughly flat this fiscal year, citing the longer upgrade cycles by the country’s consumers and rising local competition; 14/05/2018 – APPLE: USERS MAY BE UNABLE TO USE SOME SERVICES AT ICLOUD.COM; 01/05/2018 – Munster on $AAPL earnings: Company will complete $300B share buyback/dividend program, 3 quarters sooner than expected. Suggests 25% upside to just announced capital return program. They’ve raised the dividend 6 times in 6 years; 05/03/2018 – CNET Taiwan: Apple could release new high-end headphones this year; 21/05/2018 – Comcast’s lush new storefronts are reminiscent of Apple Stores; 09/04/2018 – APPLE INC AAPL.O : RBC SAYS CONTINUES TO ANTICIPATE 3 DIFFERENT IPHONES BEING LAUNCHED; 04/04/2018 – Apple reportedly working on an iPhone with a curved screen and touchless gesture control; 26/04/2018 – APPLE SAYS DISCONTINUING APPLE AIRPORT BASE STATION PRODUCTS

Aviance Capital Partners Llc increased its stake in Aflac Inc. (AFL) by 102.28% based on its latest 2018Q1 regulatory filing with the SEC. Aviance Capital Partners Llc bought 24,490 shares as the company’s stock declined 0.09% with the market. The institutional investor held 48,435 shares of the accident &health insurance company at the end of 2018Q1, valued at $2.12 million, up from 23,945 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Aflac Inc. for a number of months, seems to be bullish on the $34.62B market cap company. The stock decreased 0.62% or $0.28 during the last trading session, reaching $44.72. About 3.00M shares traded. Aflac Incorporated (NYSE:AFL) has risen 21.38% since June 21, 2017 and is uptrending. It has outperformed by 8.81% the S&P500.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Tuesday Apple Rumors: Second iOS 12 Beta Launches” on June 19, 2018, also Livetradingnews.com with their article: “Apple Inc. (NASDAQ:AAPL) Ramping up Content Deals” published on June 19, 2018, Nasdaq.com published: “Don’t Throw Out Starbucks Stock Based on One Bad Serving of News” on June 20, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “How Microsoft Beat Apple (Capital Market Laboratories)” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: Can Shares Double Again In 2 Years?” with publication date: June 13, 2018.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.29 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It fall, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Salem Investment Counselors reported 5.88% of its portfolio in Apple Inc. (NASDAQ:AAPL). Eulav Asset Mgmt has 0.27% invested in Apple Inc. (NASDAQ:AAPL). Veritas Investment (Uk) Limited reported 0.1% of its portfolio in Apple Inc. (NASDAQ:AAPL). Lombard Odier Asset (Europe) Ltd has 49,837 shares for 0.57% of their portfolio. Harvest Cap Mngmt holds 5,410 shares. Smith Moore & Com invested in 35,617 shares. Moreover, Meeder Asset Management Inc has 2.17% invested in Apple Inc. (NASDAQ:AAPL). Brinker stated it has 111,473 shares. Rhumbline Advisers has 8.64M shares. North Carolina-based Atria Invests Ltd has invested 0.87% in Apple Inc. (NASDAQ:AAPL). Eastern Retail Bank has invested 2.22% in Apple Inc. (NASDAQ:AAPL). Legal & General Group Public Ltd accumulated 23.33 million shares. Private Harbour Management & Counsel Lc has invested 0.85% in Apple Inc. (NASDAQ:AAPL). Asset Management Ltd Company holds 6.16% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 42,537 shares. Perigon Wealth Mgmt Limited Liability Corporation stated it has 86,984 shares or 5.38% of all its holdings.

Since January 5, 2018, it had 0 insider purchases, and 13 sales for $52.34 million activity. $910,129 worth of Apple Inc. (NASDAQ:AAPL) was sold by KONDO CHRIS on Wednesday, May 16. Srouji Johny sold $2.81M worth of Apple Inc. (NASDAQ:AAPL) on Wednesday, May 23. $6.83 million worth of stock was sold by Maestri Luca on Thursday, April 12. SCHILLER PHILIP W also sold $11.56 million worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, April 3. On Friday, June 8 WILLIAMS JEFFREY E sold $2.99 million worth of Apple Inc. (NASDAQ:AAPL) or 15,653 shares. 35,000 shares were sold by LEVINSON ARTHUR D, worth $6.51 million.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, October 22 by Susquehanna. Canaccord Genuity maintained it with “Buy” rating and $140 target in Friday, September 16 report. As per Thursday, January 18, the company rating was maintained by Guggenheim. The company was maintained on Thursday, January 18 by Mizuho. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, March 28 by RBC Capital Markets. Susquehanna maintained it with “Buy” rating and $155 target in Friday, September 11 report. Morgan Stanley maintained it with “Overweight” rating and $200 target in Friday, April 20 report. The company was maintained on Wednesday, January 27 by Piper Jaffray. The company was maintained on Monday, August 17 by Pacific Crest. The rating was maintained by Nomura on Tuesday, August 25 with “Buy”.

Mcmillion Capital Management Inc, which manages about $226.22M and $169.50M US Long portfolio, upped its stake in Global X Robotics Artificial I by 99,595 shares to 109,982 shares, valued at $2.66 million in 2018Q1, according to the filing.

Since February 16, 2018, it had 2 insider buys, and 4 insider sales for $2.81 million activity. Shares for $2.24M were sold by AMOS DANIEL P on Friday, February 16. Lloyd Karole also bought $178,090 worth of Aflac Incorporated (NYSE:AFL) on Tuesday, February 20. 10,000 shares were sold by KNAPP CHARLES B, worth $437,155 on Monday, March 26. Another trade for 1,300 shares valued at $117,123 was made by TILLMAN AUDREY B on Wednesday, February 28. MOSKOWITZ JOSEPH L also bought $49,022 worth of Aflac Incorporated (NYSE:AFL) on Tuesday, February 20.

Among 22 analysts covering Aflac Incorporated (NYSE:AFL), 5 have Buy rating, 2 Sell and 15 Hold. Therefore 23% are positive. Aflac Incorporated had 60 analyst reports since August 12, 2015 according to SRatingsIntel. Deutsche Bank maintained Aflac Incorporated (NYSE:AFL) on Thursday, February 4 with “Hold” rating. The stock has “Sell” rating by RBC Capital Markets on Tuesday, September 5. The company was maintained on Friday, November 10 by Keefe Bruyette & Woods. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Friday, May 20. The firm has “Hold” rating given on Thursday, April 5 by Sandler O’Neill. The stock has “Sell” rating by RBC Capital Markets on Thursday, February 1. The rating was maintained by RBC Capital Markets with “Sell” on Monday, July 31. Bank of America downgraded the shares of AFL in report on Wednesday, August 19 to “Underperform” rating. The firm has “Overweight” rating by JP Morgan given on Tuesday, March 27. The firm has “Mkt Perform” rating by Bruyette & Woods;KBW; KBW” given on Thursday, August 27.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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