Platinum Investment Management LTD Has Trimmed By $648,000 Its Apple (AAPL) Position; Altfest L J & Company Has Decreased By $580,812 Its Procter & Gamble Co (PG) Holding

November 14, 2017 - By Hazel Jackson

Altfest L J & Company Inc decreased Procter & Gamble Co (PG) stake by 32.4% reported in 2017Q2 SEC filing. Altfest L J & Company Inc sold 6,676 shares as Procter & Gamble Co (PG)’s stock declined 5.32%. The Altfest L J & Company Inc holds 13,928 shares with $1.21 million value, down from 20,604 last quarter. Procter & Gamble Co now has $225.72 billion valuation. The stock declined 0.03% or $0.03 reaching $88.97 per share. About 1.25M shares traded. Procter & Gamble Co (NYSE:PG) has risen 7.54% since November 14, 2016 and is uptrending. It has underperformed by 9.16% the S&P500.

Platinum Investment Management Ltd decreased Apple Inc (AAPL) stake by 15.96% reported in 2017Q2 SEC filing. Platinum Investment Management Ltd sold 4,500 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Platinum Investment Management Ltd holds 23,700 shares with $3.41 million value, down from 28,200 last quarter. Apple Inc now has $887.77B valuation. The stock declined 0.61% or $1.06 reaching $172.91 per share. About 7.76 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since November 14, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

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 $19.25B for 11.53 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 49 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 8 Hold. Therefore 82% are positive. Apple Inc. had 329 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Bernstein with “Outperform” on Tuesday, March 21. The rating was maintained by Oppenheimer with “Hold” on Tuesday, June 6. As per Friday, September 4, the company rating was maintained by Wells Fargo. On Friday, August 7 the stock rating was maintained by FBR Capital with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, September 20 by UBS. On Friday, October 27 the stock rating was maintained by Drexel Hamilton with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Citigroup on Friday, November 3. Cowen & Co maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, April 27 with “Outperform” rating. Maxim Group maintained the shares of AAPL in report on Thursday, November 2 with “Buy” rating. The rating was maintained by Brean Capital on Monday, April 4 with “Buy”.

Since May 16, 2017, it had 0 insider purchases, and 6 insider sales for $22.49 million activity. FEDERIGHI CRAIG also sold $9.91 million worth of Apple Inc. (NASDAQ:AAPL) shares. 11,949 Apple Inc. (NASDAQ:AAPL) shares with value of $1.86 million were sold by Riccio Daniel J.. Maestri Luca sold $735,898 worth of Apple Inc. (NASDAQ:AAPL) on Friday, June 2. $6.92M worth of stock was sold by Cue Eduardo H on Monday, May 22. On Thursday, May 25 Srouji Johny sold $1.54M worth of Apple Inc. (NASDAQ:AAPL) or 10,019 shares.

Investors sentiment increased to 0.68 in Q2 2017. Its up 0.04, from 0.64 in 2017Q1. It improved, as 62 investors sold AAPL shares while 1068 reduced holdings. 129 funds opened positions while 634 raised stakes. 3.06 billion shares or 2.38% less from 3.13 billion shares in 2017Q1 were reported. 2,259 are owned by Boyar Asset. Reaves W H Communication accumulated 1,389 shares or 0.01% of the stock. Fjarde Ap invested in 3.52% or 1.21M shares. 3,921 are held by First Bank & Trust Of Hutchinson. Yhb Advsrs Inc invested in 136,189 shares. Verity Asset Mgmt has 5,657 shares. 145,574 are held by Marco Invest Management Ltd Limited Liability Company. Security Fincl Bank Of So Dak has 11,817 shares. Cornerstone Inc has invested 1.11% in Apple Inc. (NASDAQ:AAPL). Jolley Asset Mngmt Lc holds 3.04% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 30,178 shares. Moreover, Merriman Wealth Management Ltd Liability Co has 0.5% invested in Apple Inc. (NASDAQ:AAPL). Provident Trust Co accumulated 4,087 shares or 0.03% of the stock. Visionary Asset Mngmt Incorporated has invested 0.11% in Apple Inc. (NASDAQ:AAPL). Hl Fincl Service Limited has invested 4.19% in Apple Inc. (NASDAQ:AAPL). Mastrapasqua Asset Mngmt accumulated 3.2% or 103,244 shares.

Since May 17, 2017, it had 0 insider purchases, and 4 insider sales for $11.33 million activity. Louvet Patrice sold $4.19 million worth of stock. Shares for $334,265 were sold by Skoufalos Ioannis.

Altfest L J & Company Inc increased Pimco Enhanced Short Maturity Active (MINT) stake by 2,972 shares to 58,723 valued at $5.97M in 2017Q2. It also upped American Tower Corp. (NYSE:AMT) stake by 4,534 shares and now owns 9,099 shares. J P Morgan Chase & Co was raised too.

Investors sentiment increased to 0.94 in 2017 Q2. Its up 0.18, from 0.76 in 2017Q1. It is positive, as 63 investors sold PG shares while 714 reduced holdings. 112 funds opened positions while 620 raised stakes. 1.48 billion shares or 0.78% less from 1.49 billion shares in 2017Q1 were reported. Rockland Trust Co has 1.17% invested in Procter & Gamble Co (NYSE:PG) for 85,388 shares. Susquehanna Interest Gru Limited Liability Partnership invested in 104,330 shares or 0% of the stock. Northpointe Cap Ltd Co stated it has 0.93% of its portfolio in Procter & Gamble Co (NYSE:PG). Sequoia Advsrs Ltd Liability Com reported 0.26% in Procter & Gamble Co (NYSE:PG). Commonwealth Equity Services Incorporated holds 0.74% or 1.33M shares in its portfolio. Sigma Planning Corporation holds 0.51% or 62,386 shares in its portfolio. Wfg Advsrs Limited Partnership holds 23,489 shares. The Ohio-based Of Toledo Na Oh has invested 1.57% in Procter & Gamble Co (NYSE:PG). B & T Cap Mgmt Dba Alpha Cap Mgmt stated it has 27,977 shares. Moller Fincl Svcs invested 0.44% in Procter & Gamble Co (NYSE:PG). Logan reported 0.74% in Procter & Gamble Co (NYSE:PG). Toronto Dominion State Bank holds 0.3% or 1.07M shares in its portfolio. Laurel Grove Cap Llc holds 0.13% or 2,838 shares in its portfolio. Mckinley Carter Wealth Inc holds 0.77% in Procter & Gamble Co (NYSE:PG) or 20,039 shares. Broderick Brian C reported 3.58% in Procter & Gamble Co (NYSE:PG).

Analysts await Procter & Gamble Co (NYSE:PG) to report earnings on January, 19. They expect $1.14 EPS, up 5.56% or $0.06 from last year’s $1.08 per share. PG’s profit will be $2.89 billion for 19.51 P/E if the $1.14 EPS becomes a reality. After $1.09 actual EPS reported by Procter & Gamble Co for the previous quarter, Wall Street now forecasts 4.59% EPS growth.

Among 24 analysts covering Proctor & Gamble (NYSE:PG), 11 have Buy rating, 1 Sell and 12 Hold. Therefore 46% are positive. Proctor & Gamble had 68 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Tuesday, January 26. The firm has “Hold” rating given on Thursday, July 27 by Stifel Nicolaus. Bank of America maintained Procter & Gamble Co (NYSE:PG) rating on Tuesday, September 19. Bank of America has “Buy” rating and $100 target. On Friday, November 10 the stock rating was maintained by RBC Capital Markets with “Hold”. The rating was downgraded by Credit Suisse to “Outperform” on Thursday, July 30. Stifel Nicolaus maintained Procter & Gamble Co (NYSE:PG) on Monday, September 18 with “Hold” rating. The firm has “Buy” rating given on Wednesday, October 26 by B. Riley & Co. Jefferies maintained it with “Buy” rating and $9800 target in Tuesday, May 30 report. RBC Capital Markets maintained Procter & Gamble Co (NYSE:PG) rating on Tuesday, October 27. RBC Capital Markets has “Sector Perform” rating and $76 target. The stock of Procter & Gamble Co (NYSE:PG) earned “Buy” rating by Jefferies on Monday, July 17.

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