Hershey Co (HSY) Market Valuation Declined While Picton Mahoney Asset Management Has Lifted Its Position; Fny Managed Accounts Has Increased Its Apple Ord (AAPL) Position by $322,728

May 23, 2018 - By Michael Collier

The Hershey Company (NYSE:HSY) Logo

Fny Managed Accounts Llc increased its stake in Apple Ord (AAPL) by 48025% based on its latest 2017Q4 regulatory filing with the SEC. Fny Managed Accounts Llc bought 1,921 shares as the company’s stock declined 3.81% with the market. The institutional investor held 1,925 shares of the computer manufacturing company at the end of 2017Q4, valued at $325,000, up from 4 at the end of the previous reported quarter. Fny Managed Accounts Llc who had been investing in Apple Ord for a number of months, seems to be bullish on the $915.10 billion market cap company. The stock decreased 0.52% or $0.98 during the last trading session, reaching $186.18. About 6.74 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 23, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Picton Mahoney Asset Management increased its stake in Hershey Co (HSY) by 214.93% based on its latest 2017Q4 regulatory filing with the SEC. Picton Mahoney Asset Management bought 144,000 shares as the company’s stock declined 14.93% with the market. The institutional investor held 211,000 shares of the specialty foods company at the end of 2017Q4, valued at $23.95M, up from 67,000 at the end of the previous reported quarter. Picton Mahoney Asset Management who had been investing in Hershey Co for a number of months, seems to be bullish on the $19.19 billion market cap company. The stock increased 0.08% or $0.07 during the last trading session, reaching $91.72. About 265,261 shares traded. The Hershey Company (NYSE:HSY) has declined 9.67% since May 23, 2017 and is downtrending. It has underperformed by 21.22% the S&P500.

Since December 7, 2017, it had 0 buys, and 10 selling transactions for $47.05 million activity. $2.65 million worth of stock was sold by Riccio Daniel J. on Thursday, December 7. 39,122 shares were sold by Maestri Luca, worth $6.83M on Thursday, April 12. 35,000 shares were sold by LEVINSON ARTHUR D, worth $6.51M. 69,491 Apple Inc. (NASDAQ:AAPL) shares with value of $11.56M were sold by SCHILLER PHILIP W. 4,867 shares valued at $910,129 were sold by KONDO CHRIS on Wednesday, May 16. AHRENDTS ANGELA J had sold 38,228 shares worth $6.75 million.

Fny Managed Accounts Llc, which manages about $109.02 million US Long portfolio, decreased its stake in Nxp Semiconductors Ord (Call) (NASDAQ:NXPI) by 7,543 shares to 2,441 shares, valued at $284,000 in 2017Q4, according to the filing. It also reduced its holding in Henry Schein Ord (NASDAQ:HSIC) by 11,136 shares in the quarter, leaving it with 5,000 shares, and cut its stake in Kar Auction Services Ord (NYSE:KAR).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 414 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Piper Jaffray given on Wednesday, October 28. The firm has “Overweight” rating by Morgan Stanley given on Tuesday, September 19. Piper Jaffray maintained the stock with “Overweight” rating in Wednesday, April 27 report. The company was downgraded on Thursday, September 8 by Wells Fargo. Oppenheimer maintained the stock with “Hold” rating in Tuesday, June 6 report. Macquarie Research maintained the stock with “Outperform” rating in Wednesday, October 26 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Thursday, September 22 by RBC Capital Markets. As per Tuesday, July 26, the company rating was maintained by UBS. The rating was maintained by Argus Research with “Buy” on Monday, November 6. KeyBanc Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Thursday, December 7 with “Buy” rating.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple: With Enemies Like These, Who Needs Friends?” on May 17, 2018, also Seekingalpha.com with their article: “Apple’s Dividend: An Opportunity Wasted” published on May 15, 2018, Livetradingnews.com published: “Apple Inc. (NASDAQ:AAPL) Heffx Stock Technicals” on May 23, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Bizjournals.com and their article: “Editor’s Notebook: NC wants Apple and Amazon, but HB2 issues linger” published on May 22, 2018 as well as Thestreet.com‘s news article titled: “How to Trade Apple Ahead of Alphabet’s Launch of YouTube Music” with publication date: May 21, 2018.

Investors sentiment increased to 0.73 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It is positive, 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. Noven Fincl Grp Inc Inc owns 4,799 shares. California State Teachers Retirement Systems reported 3.18% in Apple Inc. (NASDAQ:AAPL). Swedbank has invested 7.4% in Apple Inc. (NASDAQ:AAPL). Swarthmore Gru Incorporated reported 53,575 shares or 1.94% of all its holdings. Alesco Advisors Ltd Liability has 5,934 shares for 0.06% of their portfolio. Cibc Asset Incorporated reported 691,410 shares. Grisanti Capital Mngmt Limited Liability Co holds 4.65% or 66,923 shares in its portfolio. Levin Cap Strategies Limited Partnership has 1.10 million shares. Moreover, Locust Wood Advisers Ltd Liability Corporation has 4.83% invested in Apple Inc. (NASDAQ:AAPL). Ami Asset Mgmt Corp accumulated 2.61% or 223,477 shares. Logan Capital Mngmt reported 394,104 shares stake. Moreover, Riverpark Mgmt Ltd Liability Company has 3.31% invested in Apple Inc. (NASDAQ:AAPL). Zurcher Kantonalbank (Zurich Cantonalbank) has 2.86% invested in Apple Inc. (NASDAQ:AAPL) for 1.90M shares. American Century Companies accumulated 14.00 million shares or 2.36% of the stock. Georgia-based Advisory Services Net has invested 1.61% in Apple Inc. (NASDAQ:AAPL).

Investors sentiment increased to 1.13 in 2017 Q4. Its up 0.07, from 1.06 in 2017Q3. It increased, as 49 investors sold HSY shares while 191 reduced holdings. 78 funds opened positions while 193 raised stakes. 107.20 million shares or 0.23% more from 106.96 million shares in 2017Q3 were reported. Pnc Svcs Group reported 557,828 shares. Citigroup holds 348,384 shares. Covenant Multifamily Offices Limited holds 243 shares. Advisor Prtnrs Limited Liability Co reported 3,863 shares. Wagner Bowman Management owns 3,544 shares or 0.11% of their US portfolio. Da Davidson Com holds 14,189 shares. Town Country Bankshares Tru Dba First Bankers Tru owns 20,050 shares for 1.13% of their portfolio. Highstreet Asset stated it has 0.11% of its portfolio in The Hershey Company (NYSE:HSY). Picton Mahoney Asset reported 211,000 shares or 0.64% of all its holdings. Mitsubishi Ufj Trust & owns 337,993 shares for 0.07% of their portfolio. Vident Advisory Llc invested in 0.03% or 6,535 shares. Fort Washington Inv Advisors Inc Oh has invested 0.01% in The Hershey Company (NYSE:HSY). The Hawaii-based Cadinha & Co Limited Liability Co has invested 0.03% in The Hershey Company (NYSE:HSY). Utd Fincl Advisers Ltd holds 0% or 4,888 shares in its portfolio. Hartford Fin Mngmt accumulated 2,324 shares.

Among 23 analysts covering The Hershey Company (NYSE:HSY), 2 have Buy rating, 6 Sell and 15 Hold. Therefore 9% are positive. The Hershey Company had 74 analyst reports since August 5, 2015 according to SRatingsIntel. The stock has “Underweight” rating by Morgan Stanley on Friday, February 2. The firm earned “Neutral” rating on Wednesday, February 24 by UBS. As per Friday, June 2, the company rating was maintained by RBC Capital Markets. The stock of The Hershey Company (NYSE:HSY) has “Hold” rating given on Thursday, December 21 by RBC Capital Markets. The firm has “Sell” rating given on Wednesday, August 12 by Zacks. The stock of The Hershey Company (NYSE:HSY) has “Market Perform” rating given on Wednesday, August 5 by Wells Fargo. Deutsche Bank maintained the stock with “Hold” rating in Monday, August 10 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, March 2. The stock has “Buy” rating by Citigroup on Thursday, October 27. The stock has “Hold” rating by BMO Capital Markets on Wednesday, June 14.

More notable recent The Hershey Company (NYSE:HSY) news were published by: Seekingalpha.com which released: “Susquehanna dives into Hershey’s earnings” on April 26, 2018, also Globenewswire.com with their article: “Hershey Releases ‘Shopper’s World’ Retail Report” published on May 17, 2018, Globenewswire.com published: “Hershey Declares Quarterly Dividends” on May 04, 2018. More interesting news about The Hershey Company (NYSE:HSY) were released by: Globenewswire.com and their article: “Hershey Showcases Commitment to Growth at 2018 Sweets & Snacks Expo” published on May 17, 2018 as well as Benzinga.com‘s news article titled: “Hershey’s Ongoing Margin Concerns Force Argus To Downgrade Stock” with publication date: May 02, 2018.

Picton Mahoney Asset Management, which manages about $1.40 billion US Long portfolio, decreased its stake in Itt Inc by 7,300 shares to 30,200 shares, valued at $1.61 million in 2017Q4, according to the filing. It also reduced its holding in Cadence Design System Inc (NASDAQ:CDNS) by 17,400 shares in the quarter, leaving it with 76,800 shares, and cut its stake in Unitedhealth Group Inc (NYSE:UNH).

Since January 26, 2018, it had 0 buys, and 1 sale for $44,620 activity.

The Hershey Company (NYSE:HSY) Institutional Positions Chart

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