Nippon Life Insurance Company Has Cut Stake in Pfizer (PFE) by $661,745 as Stock Price Declined; Cutler Capital Management Has Decreased Holding in Apple (AAPL) by $709,632

February 20, 2018 - By Nellie Frank

Nippon Life Insurance Company decreased its stake in Pfizer Inc (PFE) by 1.53% based on its latest 2017Q3 regulatory filing with the SEC. Nippon Life Insurance Company sold 18,907 shares as the company’s stock declined 3.45% while stock markets rallied. The institutional investor held 1.22 million shares of the health care company at the end of 2017Q3, valued at $43.42 million, down from 1.24 million at the end of the previous reported quarter. Nippon Life Insurance Company who had been investing in Pfizer Inc for a number of months, seems to be less bullish one the $216.73 billion market cap company. The stock increased 0.28% or $0.1 during the last trading session, reaching $36.36. About 8.05M shares traded. Pfizer Inc. (NYSE:PFE) has declined 2.76% since February 20, 2017 and is downtrending. It has underperformed by 19.46% the S&P500.

Cutler Capital Management Llc decreased its stake in Apple Inc (AAPL) by 20.5% based on its latest 2017Q3 regulatory filing with the SEC. Cutler Capital Management Llc sold 4,608 shares as the company’s stock rose 12.78% with the market. The institutional investor held 17,866 shares of the computer manufacturing company at the end of 2017Q3, valued at $2.75 million, down from 22,474 at the end of the previous reported quarter. Cutler Capital Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $883.31B market cap company. The stock increased 0.96% or $1.655 during the last trading session, reaching $174.085. About 15.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 20, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Since August 21, 2017, it had 0 insider buys, and 7 insider sales for $12.30 million activity. Shares for $263,693 were sold by OLSON LAURIE J on Monday, August 21. $1.34 million worth of stock was sold by SUSMAN SALLY on Tuesday, September 12. 6,750 Pfizer Inc. (NYSE:PFE) shares with value of $249,750 were sold by MACKENZIE ALEXANDER R. READ IAN C sold 197,168 shares worth $6.70M. JOHNSON RADY A had sold 8,000 shares worth $296,560 on Friday, December 15.

Among 22 analysts covering Pfizer (NYSE:PFE), 10 have Buy rating, 1 Sell and 11 Hold. Therefore 45% are positive. Pfizer had 74 analyst reports since July 29, 2015 according to SRatingsIntel. Jefferies maintained Pfizer Inc. (NYSE:PFE) on Thursday, August 4 with “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Wednesday, January 31. The firm earned “Buy” rating on Thursday, April 7 by Jefferies. The rating was maintained by BMO Capital Markets with “Hold” on Tuesday, August 1. Berenberg initiated the shares of PFE in report on Thursday, May 12 with “Hold” rating. The firm earned “Hold” rating on Friday, April 28 by BMO Capital Markets. Morgan Stanley upgraded the shares of PFE in report on Wednesday, September 20 to “Overweight” rating. The company was maintained on Tuesday, January 16 by Jefferies. BMO Capital Markets maintained the shares of PFE in report on Friday, December 15 with “Buy” rating. Barclays Capital upgraded the shares of PFE in report on Tuesday, November 29 to “Overweight” rating.

Investors sentiment increased to 0.96 in Q3 2017. Its up 0.02, from 0.94 in 2017Q2. It increased, as 53 investors sold PFE shares while 700 reduced holdings. 106 funds opened positions while 620 raised stakes. 4.06 billion shares or 0.86% more from 4.02 billion shares in 2017Q2 were reported. State Teachers Retirement Systems has 0.92% invested in Pfizer Inc. (NYSE:PFE) for 10.36 million shares. Tradition Capital Management Lc reported 0.35% stake. 425.04M were accumulated by Vanguard Grp. Price T Rowe Assoc Md holds 0.38% or 62.15 million shares in its portfolio. Opus Capital Grp Inc Limited Com reported 21,048 shares. Bingham Osborn Scarborough Limited Liability Corp stated it has 14,129 shares or 0.05% of all its holdings. Kemnay Advisory Incorporated holds 1,500 shares or 0.02% of its portfolio. Brighton Jones Limited Liability Corporation stated it has 39,047 shares. Hourglass Lc holds 167,469 shares or 1.42% of its portfolio. Hallmark Capital Management stated it has 51,451 shares. Lawson Kroeker Management Incorporated Ne holds 334,332 shares or 3.76% of its portfolio. Tower Bridge Advisors holds 0.84% or 207,522 shares in its portfolio. Coastline Trust Com owns 0.72% invested in Pfizer Inc. (NYSE:PFE) for 116,390 shares. Carlson Capital, Minnesota-based fund reported 10,049 shares. Peloton Wealth Strategists owns 52,700 shares for 1.45% of their portfolio.

Nippon Life Insurance Company, which manages about $5.33 billion US Long portfolio, upped its stake in Technipfmc Plc by 11,952 shares to 39,100 shares, valued at $1.09 million in 2017Q3, according to the filing. It also increased its holding in Anadarko Pete Corp (NYSE:APC) by 18,574 shares in the quarter, for a total of 60,974 shares, and has risen its stake in Aon Plc (NYSE:AON).

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. Therefore 64% are positive. Apple Inc. had 378 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, July 27 the stock rating was maintained by BMO Capital Markets with “Outperform”. Jefferies maintained the stock with “Hold” rating in Tuesday, August 11 report. Longbow upgraded Apple Inc. (NASDAQ:AAPL) rating on Wednesday, March 30. Longbow has “Outperform” rating and $135 target. The firm has “Buy” rating by Bank of America given on Thursday, January 19. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by BMO Capital Markets on Wednesday, September 13. Robert W. Baird maintained the shares of AAPL in report on Friday, September 11 with “Buy” rating. RBC Capital Markets maintained the stock with “Outperform” rating in Wednesday, February 1 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, July 27 by Citigroup. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Friday, February 2 by Bernstein. The rating was maintained by Bank of America with “Buy” on Monday, October 9.

Since August 24, 2017, it had 0 insider purchases, and 6 insider sales for $27.32 million activity. COOK TIMOTHY D sold $43.15M worth of Apple Inc. (NASDAQ:AAPL) on Thursday, August 24. $8.79 million worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W on Tuesday, October 3. The insider Srouji Johny sold 5,892 shares worth $948,612. $9.78M worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3.

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