As Western Gas Equity Partners (WGP) Share Value Declined, Holder Rr Advisors Has Trimmed Its Position; Ifrah Financial Services Has Lowered Its Position in Apple (AAPL) as Stock Price Declined

May 24, 2018 - By Vivian Park

Western Gas Equity Partners, LP (NYSE:WGP) Logo

Ifrah Financial Services Inc decreased its stake in Apple Inc (AAPL) by 7.94% based on its latest 2017Q4 regulatory filing with the SEC. Ifrah Financial Services Inc sold 2,108 shares as the company’s stock declined 3.81% with the market. The institutional investor held 24,451 shares of the computer manufacturing company at the end of 2017Q4, valued at $4.14 million, down from 26,559 at the end of the previous reported quarter. Ifrah Financial Services Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $924.19 billion market cap company. The stock decreased 0.18% or $0.33 during the last trading session, reaching $188.03. About 10.42M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 24, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Rr Advisors Llc decreased its stake in Western Gas Equity Partners (WGP) by 4.41% based on its latest 2017Q4 regulatory filing with the SEC. Rr Advisors Llc sold 29,000 shares as the company’s stock declined 10.89% with the market. The institutional investor held 628,000 shares of the public utilities company at the end of 2017Q4, valued at $23.32M, down from 657,000 at the end of the previous reported quarter. Rr Advisors Llc who had been investing in Western Gas Equity Partners for a number of months, seems to be less bullish one the $7.82B market cap company. The stock decreased 0.25% or $0.09 during the last trading session, reaching $35.71. About 57,778 shares traded. Western Gas Equity Partners, LP (NYSE:WGP) has declined 26.12% since May 24, 2017 and is downtrending. It has underperformed by 37.67% the S&P500.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “5 Niche Tech ETFs Hitting All-Time Highs” on May 24, 2018, also Fool.com with their article: “Apple Is Slipping Further Away From This 5-Year-Old Prediction” published on May 23, 2018, Seekingalpha.com published: “Trading Mistake 8 (Apple): Poor Profit-Taking” on May 23, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “BofA: Apple Has Room To Grow In Emerging Markets” published on May 23, 2018 as well as Livetradingnews.com‘s news article titled: “Apple Inc. (NASDAQ:AAPL) Stock Consolidating” with publication date: May 22, 2018.

Since December 7, 2017, it had 0 buys, and 10 selling transactions for $47.05 million activity. Maestri Luca also sold $6.83M worth of Apple Inc. (NASDAQ:AAPL) shares. 69,491 Apple Inc. (NASDAQ:AAPL) shares with value of $11.56 million were sold by SCHILLER PHILIP W. KONDO CHRIS sold $910,129 worth of stock or 4,867 shares. 15,653 shares were sold by WILLIAMS JEFFREY E, worth $2.90M on Tuesday, May 8. AHRENDTS ANGELA J had sold 38,228 shares worth $6.75M. 15,641 shares were sold by Riccio Daniel J., worth $2.73 million.

Ifrah Financial Services Inc, which manages about $292.28 million and $276.03 million US Long portfolio, upped its stake in Eaton Corp Plc (NYSE:ETN) by 8,598 shares to 12,269 shares, valued at $969,000 in 2017Q4, according to the filing. It also increased its holding in Stryker Corp (NYSE:SYK) by 2,109 shares in the quarter, for a total of 6,242 shares, and has risen its stake in Vanguard Index Fds (VBR).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 416 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Tuesday, September 26 by Rosenblatt. Drexel Hamilton maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, July 27. Drexel Hamilton has “Buy” rating and $115 target. BMO Capital Markets maintained it with “Outperform” rating and $116 target in Wednesday, July 27 report. The rating was maintained by FBR Capital on Wednesday, January 27 with “Outperform”. The rating was maintained by FBN Securities on Wednesday, April 27 with “Outperform”. The firm has “Outperform” rating by FBR Capital given on Monday, August 24. Bernstein downgraded the stock to “Hold” rating in Friday, February 2 report. Nomura maintained the shares of AAPL in report on Wednesday, September 13 with “Buy” rating. The firm has “Buy” rating given on Monday, July 24 by BMO Capital Markets. Guggenheim maintained Apple Inc. (NASDAQ:AAPL) on Friday, December 1 with “Buy” rating.

Investors sentiment increased to 0.73 in 2017 Q4. 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. 6,836 are held by Barry Inv Ltd Liability. Cornerstone Investment Prtnrs Ltd Liability invested in 921,834 shares. Tctc Hldgs Limited reported 118,797 shares. Stonehearth Capital Mngmt Limited Liability Corporation owns 3,066 shares for 0.38% of their portfolio. Moreover, Lesa Sroufe & Company has 0.28% invested in Apple Inc. (NASDAQ:AAPL) for 2,036 shares. Hedeker Wealth Ltd Limited Liability Company invested in 4.33% or 32,851 shares. 28,649 are owned by Evermay Wealth Ltd Llc. Noven Fin Grp accumulated 4,799 shares. First Bancorporation Of Hutchinson accumulated 4,373 shares or 0.44% of the stock. Fuller And Thaler Asset Mgmt invested in 0.17% or 81,488 shares. Swift Run Cap Mgmt Llc has 0.19% invested in Apple Inc. (NASDAQ:AAPL). Delta Asset Mngmt Limited Liability Corp Tn reported 8,642 shares or 0.21% of all its holdings. Moreover, Hartwell J M Partnership has 3.23% invested in Apple Inc. (NASDAQ:AAPL) for 101,550 shares. Pacific Management holds 2.97% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 80,948 shares. Thomaspartners holds 1.27% in Apple Inc. (NASDAQ:AAPL) or 1.03 million shares.

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 21.46 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 0.71 in 2017 Q4. Its down 0.52, from 1.23 in 2017Q3. It worsened, as 17 investors sold WGP shares while 38 reduced holdings. 16 funds opened positions while 23 raised stakes. 37.73 million shares or 4.16% less from 39.37 million shares in 2017Q3 were reported. Hollow Brook Wealth Management Limited Liability Com owns 106,869 shares. Missouri-based Ent Financial Services Corporation has invested 0% in Western Gas Equity Partners, LP (NYSE:WGP). Chilton Capital Ltd Liability Corp reported 6,980 shares. Oppenheimer Asset Management, New York-based fund reported 13,552 shares. Royal Retail Bank Of Canada invested 0% in Western Gas Equity Partners, LP (NYSE:WGP). Tph Asset Mgmt Limited Liability holds 2.4% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP) for 653,934 shares. Center Coast Cap Advsr Lp holds 0.75% or 753,621 shares. Jpmorgan Chase & Communication accumulated 110,344 shares. Parkside Bank And Tru reported 0.35% in Western Gas Equity Partners, LP (NYSE:WGP). Ftb Advisors Incorporated has 0% invested in Western Gas Equity Partners, LP (NYSE:WGP). Keybank Natl Association Oh holds 0% of its portfolio in Western Gas Equity Partners, LP (NYSE:WGP) for 7,025 shares. Mufg Americas Holding Corporation reported 595 shares or 0% of all its holdings. Signaturefd Limited Company reported 14,575 shares stake. California Employees Retirement reported 13,601 shares. Moreover, Ing Groep Nv has 0.09% invested in Western Gas Equity Partners, LP (NYSE:WGP).

Among 20 analysts covering Western Gas Equity Partners (NYSE:WGP), 10 have Buy rating, 0 Sell and 10 Hold. Therefore 50% are positive. Western Gas Equity Partners had 41 analyst reports since August 3, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, August 6 by Zacks. The rating was maintained by Citigroup on Thursday, April 7 with “Neutral”. RBC Capital Markets maintained Western Gas Equity Partners, LP (NYSE:WGP) rating on Tuesday, January 16. RBC Capital Markets has “Buy” rating and $47.0 target. RBC Capital Markets maintained the stock with “Buy” rating in Monday, September 25 report. The stock of Western Gas Equity Partners, LP (NYSE:WGP) has “Neutral” rating given on Friday, June 17 by MUFG. The firm has “Equal-Weight” rating given on Monday, October 10 by . As per Monday, April 9, the company rating was downgraded by Seaport Global. The stock of Western Gas Equity Partners, LP (NYSE:WGP) has “Equal-Weight” rating given on Monday, November 2 by Barclays Capital. The stock of Western Gas Equity Partners, LP (NYSE:WGP) earned “Equal-Weight” rating by Barclays Capital on Wednesday, March 7. The rating was maintained by Bank of America on Tuesday, March 27 with “Neutral”.

Analysts await Western Gas Equity Partners, LP (NYSE:WGP) to report earnings on July, 24. They expect $0.44 earnings per share, down 8.33% or $0.04 from last year’s $0.48 per share. WGP’s profit will be $96.33 million for 20.29 P/E if the $0.44 EPS becomes a reality. After $0.46 actual earnings per share reported by Western Gas Equity Partners, LP for the previous quarter, Wall Street now forecasts -4.35% negative EPS growth.

Rr Advisors Llc, which manages about $1.13 billion and $719.87 million US Long portfolio, upped its stake in Mv Oil Trust (Call) by 8,000 shares to 9,000 shares, valued at $7.56 million in 2017Q4, according to the filing. It also increased its holding in Noble Midstream Partners Lp by 62,000 shares in the quarter, for a total of 387,000 shares, and has risen its stake in United States Natl Gas Fund (Put).

Another recent and important Western Gas Equity Partners, LP (NYSE:WGP) news was published by Globenewswire.com which published an article titled: “New Research Coverage Highlights Wintrust Financial, InfraREIT, Innophos, Western Gas Equity Partners, LP, Getty …” on May 21, 2018.

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