Summit Securities Group Has Lowered Stake in Automatic Data Processing In (Call) (ADP) as Valuation Declined; Intel (INTC) Shareholder Lvm Capital Management LTD Has Boosted Position by $3.17 Million as Valuation Declined

February 23, 2018 - By Darrin Black

Summit Securities Group Llc decreased its stake in Automatic Data Processing In (Call) (ADP) by 86.37% based on its latest 2017Q3 regulatory filing with the SEC. Summit Securities Group Llc sold 3,168 shares as the company’s stock declined 1.06% while stock markets rallied. The institutional investor held 500 shares of the technology company at the end of 2017Q3, valued at $5.47 million, down from 3,668 at the end of the previous reported quarter. Summit Securities Group Llc who had been investing in Automatic Data Processing In (Call) for a number of months, seems to be less bullish one the $51.68B market cap company. The stock increased 1.00% or $1.16 during the last trading session, reaching $116.59. About 539,154 shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 15.83% since February 23, 2017 and is uptrending. It has underperformed by 0.87% the S&P500.

Lvm Capital Management Ltd increased its stake in Intel (INTC) by 40.56% based on its latest 2017Q3 regulatory filing with the SEC. Lvm Capital Management Ltd bought 83,346 shares as the company’s stock declined 2.96% while stock markets rallied. The institutional investor held 288,857 shares of the semiconductors company at the end of 2017Q3, valued at $11.00 million, up from 205,511 at the end of the previous reported quarter. Lvm Capital Management Ltd who had been investing in Intel for a number of months, seems to be bullish on the $221.48B market cap company. The stock increased 3.33% or $1.525 during the last trading session, reaching $47.325. About 13.79 million shares traded. Intel Corporation (NASDAQ:INTC) has risen 19.47% since February 23, 2017 and is uptrending. It has outperformed by 2.77% the S&P500.

Since October 2, 2017, it had 0 buys, and 16 selling transactions for $30.87 million activity. The insider Shenoy Navin sold $61,774. The insider RENDUCHINTALA VENKATA S M sold $66,959. Smith Stacy J sold $20.89M worth of Intel Corporation (NASDAQ:INTC) on Monday, October 30. YOFFIE DAVID B had sold 30,000 shares worth $1.35M. 2,119 Intel Corporation (NASDAQ:INTC) shares with value of $87,011 were sold by Bryant Diane M. 89,087 shares were sold by BRYANT ANDY D, worth $3.99M.

Among 54 analysts covering Intel Corporation (NASDAQ:INTC), 36 have Buy rating, 5 Sell and 13 Hold. Therefore 67% are positive. Intel Corporation had 222 analyst reports since August 7, 2015 according to SRatingsIntel. The stock has “Buy” rating by Deutsche Bank on Friday, January 26. The stock has “Market Perform” rating by Cowen & Co on Friday, September 16. The stock of Intel Corporation (NASDAQ:INTC) earned “Sector Perform” rating by RBC Capital Markets on Friday, November 20. Credit Suisse downgraded the stock to “Neutral” rating in Wednesday, March 15 report. The firm has “Hold” rating by RBC Capital Markets given on Tuesday, September 26. The firm earned “Neutral” rating on Monday, September 21 by Mizuho. As per Monday, January 8, the company rating was maintained by Mizuho. The company was maintained on Friday, January 26 by RBC Capital Markets. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by KeyBanc Capital Markets on Monday, September 11. The stock of Intel Corporation (NASDAQ:INTC) earned “Buy” rating by UBS on Monday, March 21.

Lvm Capital Management Ltd, which manages about $495.24 million and $418.70M US Long portfolio, decreased its stake in Microsoft (NASDAQ:MSFT) by 5,020 shares to 219,953 shares, valued at $16.38 million in 2017Q3, according to the filing. It also reduced its holding in Pfizer (NYSE:PFE) by 14,823 shares in the quarter, leaving it with 261,375 shares, and cut its stake in At&T (NYSE:T).

Investors sentiment is 1.03 in Q3 2017. Its the same as in 2017Q2. It is without change, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes. 3.05 billion shares or 0.19% more from 3.05 billion shares in 2017Q2 were reported. Css Llc Il reported 3,200 shares. Carnegie Asset Management Ltd Liability Corp invested 0.34% of its portfolio in Intel Corporation (NASDAQ:INTC). Boltwood Capital reported 0.65% in Intel Corporation (NASDAQ:INTC). 88,711 are held by Newman Dignan Sheerar. Sonata Cap Grp Incorporated Inc stated it has 11,846 shares or 0.34% of all its holdings. The California-based Wealth Architects Limited Liability Company has invested 0.44% in Intel Corporation (NASDAQ:INTC). Caprock Group Inc Inc holds 0.34% or 43,181 shares in its portfolio. Oxbow Advsr Limited Com reported 0.12% of its portfolio in Intel Corporation (NASDAQ:INTC). 439,322 are owned by Asset Mngmt. Moreover, Hexavest has 0.89% invested in Intel Corporation (NASDAQ:INTC) for 1.91 million shares. Palouse Capital stated it has 133,549 shares. State Of Wisconsin Inv Board owns 5.75 million shares. Americafirst Cap Management Ltd Com owns 9,318 shares. Aldebaran reported 0.23% of its portfolio in Intel Corporation (NASDAQ:INTC). Evergreen Limited Liability holds 0.16% or 36,884 shares.

Among 19 analysts covering Automatic Data (NASDAQ:ADP), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Automatic Data had 57 analyst reports since August 3, 2015 according to SRatingsIntel. The company was upgraded on Friday, December 16 by Goldman Sachs. The rating was maintained by BMO Capital Markets on Tuesday, September 12 with “Hold”. The firm has “Overweight” rating by Barclays Capital given on Tuesday, December 20. The stock of Automatic Data Processing, Inc. (NASDAQ:ADP) has “Hold” rating given on Thursday, July 27 by Stifel Nicolaus. The rating was maintained by Robert W. Baird with “Hold” on Wednesday, August 30. RBC Capital Markets maintained it with “Hold” rating and $100.0 target in Monday, November 6 report. The stock has “Hold” rating by Stifel Nicolaus on Tuesday, October 3. The company was upgraded on Monday, July 31 by Evercore. The company was maintained on Thursday, February 1 by Barclays Capital. Argus Research maintained the stock with “Buy” rating in Thursday, August 3 report.

Since September 1, 2017, it had 0 insider buys, and 32 selling transactions for $45.48 million activity. O’Brien Dermot J sold $2.91M worth of Automatic Data Processing, Inc. (NASDAQ:ADP) on Monday, January 1. 4,619 shares valued at $577,837 were sold by Black Maria on Wednesday, January 31. The insider Albinson Brock sold $159,309. On Friday, September 1 the insider Sackman Stuart sold $55,346. On Friday, September 1 Perrotti Thomas J sold $318,688 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 2,991 shares. On Tuesday, January 2 the insider JONES JOHN P III sold $659,979.

Summit Securities Group Llc, which manages about $586.75M US Long portfolio, upped its stake in Unitedhealth Group Inc (NYSE:UNH) by 2,800 shares to 4,500 shares, valued at $881,000 in 2017Q3, according to the filing. It also increased its holding in Morgan Stanley (NYSE:MS) by 6,333 shares in the quarter, for a total of 6,400 shares, and has risen its stake in Citigroup Inc (NYSE:C).

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