Toyota Motor (TM) Market Value Declined While Kynikos Associates LP Increased Its Holding; Birch Hill Investment Advisors Stake in Apple (AAPL) Cut as Stock Price Rose

February 18, 2018 - By Clifton Ray

Birch Hill Investment Advisors Llc decreased its stake in Apple Inc (AAPL) by 1.71% based on its latest 2017Q3 regulatory filing with the SEC. Birch Hill Investment Advisors Llc sold 3,127 shares as the company’s stock rose 12.78% with the market. The institutional investor held 179,965 shares of the computer manufacturing company at the end of 2017Q3, valued at $27.74 million, down from 183,092 at the end of the previous reported quarter. Birch Hill Investment Advisors Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $874.91 billion market cap company. The stock decreased 0.32% or $0.56 during the last trading session, reaching $172.43. About 40.18 million shares traded or 17.89% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 18, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Jim Chanos increased its stake in Toyota Motor Corp (TM) by 2.02% based on its latest 2017Q3 regulatory filing with the SEC. Kynikos Associates Lp bought 402 shares as the company’s stock declined 5.40% while stock markets rallied. The hedge fund run by Jim Chanos held 20,308 shares of the auto manufacturing company at the end of 2017Q3, valued at $36.92 million, up from 19,906 at the end of the previous reported quarter. Kynikos Associates Lp who had been investing in Toyota Motor Corp for a number of months, seems to be bullish on the $188.66B market cap company. The stock increased 0.68% or $0.92 during the last trading session, reaching $136.2. About 158,687 shares traded. Toyota Motor Corporation (NYSE:TM) has risen 7.98% since February 18, 2017 and is uptrending. It has underperformed by 8.72% the S&P500.

Since August 15, 2017, it had 0 buys, and 7 sales for $70.47 million activity. Riccio Daniel J. sold 15,641 shares worth $2.65 million. $9.78 million worth of stock was sold by AHRENDTS ANGELA J on Tuesday, October 3. Another trade for 268,623 shares valued at $43.15 million was sold by COOK TIMOTHY D. Another trade for 56,808 shares valued at $8.79 million was sold by SCHILLER PHILIP W. $1.01M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by KONDO CHRIS.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. Security Natl Tru accumulated 57,114 shares. 36,518 are held by Amer Registered Investment Advisor. 5,017 were accumulated by Ruggie Capital Grp. Harvest Management Ltd holds 0.21% or 2,210 shares in its portfolio. Whittier Trust Of Nevada holds 3.53% or 246,410 shares in its portfolio. Butensky Cohen Fincl Security Inc holds 1.99% or 14,560 shares. Engineers Gate Manager Lp stated it has 0.04% in Apple Inc. (NASDAQ:AAPL). Commonwealth Comml Bank Of Australia stated it has 553,151 shares or 0.83% of all its holdings. Saratoga Research And holds 1,072 shares or 0.1% of its portfolio. D L Carlson Grp Inc has 72,085 shares for 3.45% of their portfolio. Etrade Limited Liability Co invested 0.46% of its portfolio in Apple Inc. (NASDAQ:AAPL). Independence, Tennessee-based fund reported 26,950 shares. Alphaone Invest Ser Llc accumulated 2,668 shares. Maryland-based Advantage has invested 0.08% in Apple Inc. (NASDAQ:AAPL). Utd Ser Automobile Association invested in 4.46M shares.

Birch Hill Investment Advisors Llc, which manages about $1.24B and $1.15B US Long portfolio, upped its stake in General Electric Co (NYSE:GE) by 19,561 shares to 655,707 shares, valued at $15.86 million in 2017Q3, according to the filing. It also increased its holding in Wabtec Corp (NYSE:WAB) by 21,605 shares in the quarter, for a total of 262,690 shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

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. RBC Capital Markets maintained the shares of AAPL in report on Friday, November 3 with “Buy” rating. The firm has “Buy” rating by Drexel Hamilton given on Wednesday, August 23. Nomura maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, September 13. Nomura has “Buy” rating and $185.0 target. Barclays Capital maintained the shares of AAPL in report on Monday, December 14 with “Overweight” rating. The company was maintained on Tuesday, August 22 by Canaccord Genuity. Guggenheim maintained Apple Inc. (NASDAQ:AAPL) on Thursday, January 18 with “Buy” rating. The stock has “Buy” rating by RBC Capital Markets on Thursday, February 1. FBR Capital maintained it with “Outperform” rating and $175 target in Monday, August 24 report. The rating was maintained by Robert W. Baird on Friday, November 3 with “Outperform”. Credit Suisse maintained Apple Inc. (NASDAQ:AAPL) on Monday, August 21 with “Hold” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts

>