White Mountains Insurance Group (WTM) Holder Cove Street Capital Has Trimmed Its Stake as Stock Price Rose; Apple (AAPL) Valuation Rose While Pathstone Family Office Increased by $560,953 Its Stake

June 12, 2018 - By Michael Collier

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Jeffrey Bronchick decreased its stake in White Mountains Insurance Group (WTM) by 81.19% based on its latest 2018Q1 regulatory filing with the SEC. Cove Street Capital Llc sold 1,023 shares as the company’s stock rose 12.01% while stock markets declined. The hedge fund run by Jeffrey Bronchick held 237 shares of the finance company at the end of 2018Q1, valued at $195,000, down from 1,260 at the end of the previous reported quarter. Cove Street Capital Llc who had been investing in White Mountains Insurance Group for a number of months, seems to be less bullish one the $2.83B market cap company. The stock decreased 1.17% or $10.73 during the last trading session, reaching $903.2. About 42,474 shares traded. White Mountains Insurance Group, Ltd. (NYSE:WTM) has risen 3.75% since June 12, 2017 and is uptrending. It has underperformed by 8.82% the S&P500. Some Historical WTM News: 22/04/2018 – DJ White Mountains Insurance Group Ltd, Inst Holders, 1Q 2018 (WTM); 16/04/2018 – BUILD AMERICA MUTUAL – EXPANDING CLAIMS-PAYING RESOURCES BY $100 MLN THROUGH COLLATERALIZED REINSURANCE AGREEMENT WITH FIDUS RE; 16/04/2018 – BAM Announces Agreement to Expand Claims-Paying Resources by $100 Million; 02/04/2018 – White Mountains Insurance Sees Transaction Closing by End 2Q 201; 21/05/2018 – NSM INSURANCE GROUP – UK ARM, VANTAGE HOLDINGS, HAS ACQUIRED FRESH INSURANCE SERVICES GROUP LIMITED; 21/05/2018 – NSM Insurance Group Acquires Fresh Insurance; 11/05/2018 – WHITE MOUNTAINS SAYS 584,106 SHRS ABOUT 15.3% TENDERED; 19/03/2018 S&PGR Affrms White Mountains Ins Grp ‘BBB’ Rtg; Outlook Stable; 02/05/2018 – White Mountains Insurance 1Q Rev $42.1M; 02/04/2018 – WHITE MOUNTAINS INSURANCE GROUP LTD – INTENDS TO FUND ACQUISITION THROUGH A COMBINATION OF CASH ON HAND AND NEW DEBT ISSUED BY NSM

Pathstone Family Office Llc increased its stake in Apple Inc (AAPL) by 26.2% based on its latest 2018Q1 regulatory filing with the SEC. Pathstone Family Office Llc bought 3,359 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 16,181 shares of the computer manufacturing company at the end of 2018Q1, valued at $2.71 million, up from 12,822 at the end of the previous reported quarter. Pathstone Family Office Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $939.92 billion market cap company. The stock decreased 0.25% or $0.47 during the last trading session, reaching $191.23. About 16.66M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 12, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 01/05/2018 – San Jose Bus Jrn: Sources: Apple expands downtown Seattle office; 22/05/2018 – Augmented Reality App Curate by Sotheby’s International Realty Now Available on Apple iOS; 02/04/2018 – Facebook and Apple may be fighting, but they have actually enabled each other’s success for years; 24/04/2018 – “Heading into Apple’s much anticipated March (FY2Q18) quarter next week the Street has gone into ‘full panic mode’ as supply chain checks out of Asia indicate that June iPhone shipments are trending well below expectations,” GBH Insights analyst Daniel Ives writes in a note to clients Tuesday; 14/03/2018 – Cult of Mac: Apple might give Siri a total makeover; 20/03/2018 – Cambridge Analytica CEO claims influence on US election, Facebook questioned; 18/05/2018 – Apple suppliers brace for profit slide as gadget sales slow; 22/03/2018 – Martin king: China’s smartphone market to heat up with Galaxy S8 releaseSEOUL: US tech giant Apple Inc and China’s smartphone; 11/04/2018 – Mark Zuckerberg was ready to slam Apple if Congress asked him about Tim Cook’s privacy comments; 11/04/2018 – T-MOBILE USA INTRODUCING APPLE CHAT FOR IPHONE ON T-MOBILE

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, August 7 the stock rating was maintained by FBR Capital with “Buy”. The rating was maintained by Drexel Hamilton on Monday, July 31 with “Buy”. As per Thursday, March 10, the company rating was maintained by CLSA. As per Monday, August 7, the company rating was maintained by Drexel Hamilton. As per Friday, November 3, the company rating was maintained by Nomura. Maxim Group maintained the shares of AAPL in report on Tuesday, January 31 with “Buy” rating. The firm has “Buy” rating given on Tuesday, October 31 by Piper Jaffray. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Loop Capital on Friday, November 3. The firm has “Overweight” rating given on Wednesday, October 28 by Piper Jaffray. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Friday, September 11 by Oppenheimer.

Since January 5, 2018, it had 0 buys, and 11 sales for $48.11 million activity. On Wednesday, May 23 the insider Srouji Johny sold $2.81 million. 17,372 shares were sold by Riccio Daniel J., worth $3.26 million on Thursday, May 17. Shares for $6.83 million were sold by Maestri Luca. $6.51 million worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D. KONDO CHRIS had sold 4,867 shares worth $910,129. The insider WILLIAMS JEFFREY E sold $2.90M.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It fall, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Gulf International Bank (Uk) Ltd owns 3.52% invested in Apple Inc. (NASDAQ:AAPL) for 1.62M shares. Farr Miller Washington Limited Liability Company Dc owns 42,299 shares or 0.66% of their US portfolio. Nelson Van Denburg And Campbell Wealth Mgmt Grp Limited Liability Company owns 34,731 shares or 1.34% of their US portfolio. 11,781 were reported by Wunderlich Managemnt. Tiaa Cref Investment Mgmt Ltd Liability Com reported 26.74M shares stake. Blair William Il invested in 2.52M shares or 2.99% of the stock. Fisher Asset Management Limited Company holds 2.4% or 12.34 million shares. Kingfisher Capital Limited Liability has 2.72% invested in Apple Inc. (NASDAQ:AAPL). Nexus Inv Management invested in 4.14% or 160,541 shares. Hilton Mgmt Ltd Liability Corporation holds 16,003 shares or 0.43% of its portfolio. Louisiana State Employees Retirement System holds 2.37% or 309,800 shares in its portfolio. Pathstone Family Office Ltd Co has 1.52% invested in Apple Inc. (NASDAQ:AAPL). Madrona Fincl Ser Limited Liability Co accumulated 0.67% or 5,050 shares. Missouri-based Signalpoint Asset Mgmt Ltd has invested 4.02% in Apple Inc. (NASDAQ:AAPL). Ruggie Cap Grp holds 0.52% or 5,697 shares.

Pathstone Family Office Llc, which manages about $1.81 billion and $179.03 million US Long portfolio, decreased its stake in Berkshire Hathaway Inc Del (BRKA) by 4 shares to 169 shares, valued at $50.55 million in 2018Q1, according to the filing.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “3 Best Stocks to Buy for June” on June 08, 2018, also Seekingalpha.com with their article: “Apple: Cash Cow Or Star?” published on June 06, 2018, Seekingalpha.com published: “Apple DCF Model” on June 08, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Monday Apple Rumors: Apple Watch Buttons May Get Haptic Feedback” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Apple changes iOS guidelines to ban crypto mining” with publication date: June 11, 2018.

Investors sentiment increased to 1.36 in Q1 2018. Its up 0.35, from 1.01 in 2017Q4. It increased, as 6 investors sold WTM shares while 61 reduced holdings. 27 funds opened positions while 64 raised stakes. 3.08 million shares or 1.33% more from 3.04 million shares in 2017Q4 were reported. Regentatlantic Capital Limited holds 0.06% or 811 shares in its portfolio. Atlanta Mgmt Communication L L C, Georgia-based fund reported 82,107 shares. Raymond James And Assoc holds 0.02% of its portfolio in White Mountains Insurance Group, Ltd. (NYSE:WTM) for 15,567 shares. Martingale Asset Mgmt Lp has invested 0.17% in White Mountains Insurance Group, Ltd. (NYSE:WTM). Comerica Bancorporation invested in 0.01% or 1,052 shares. Schwab Charles Invest Management Inc reported 19,177 shares. Da Davidson & owns 0.01% invested in White Mountains Insurance Group, Ltd. (NYSE:WTM) for 462 shares. Burgundy Asset Mgmt Ltd reported 39,652 shares. Jacobs Levy Equity owns 0.16% invested in White Mountains Insurance Group, Ltd. (NYSE:WTM) for 11,358 shares. Moreover, Panagora Asset Mngmt has 0% invested in White Mountains Insurance Group, Ltd. (NYSE:WTM). Oppenheimer Com holds 0.01% or 304 shares. Wellington Mngmt Gru Llp stated it has 186,536 shares. Renaissance Tech Ltd has 11,011 shares. 6,386 were reported by Credit Suisse Ag. Paloma Prtnrs owns 300 shares.

Cove Street Capital Llc, which manages about $763.78 million and $907.30 million US Long portfolio, upped its stake in Mam Software Group Inc (NASDAQ:MAMS) by 119,573 shares to 746,359 shares, valued at $5.85 million in 2018Q1, according to the filing. It also increased its holding in Alleghany Corp (NYSE:Y) by 6,012 shares in the quarter, for a total of 17,075 shares, and has risen its stake in Avid Technology Inc (NASDAQ:AVID).

Analysts await White Mountains Insurance Group, Ltd. (NYSE:WTM) to report earnings on August, 3. They expect $0.13 earnings per share, down 95.32% or $2.65 from last year’s $2.78 per share. WTM’s profit will be $407,761 for 1736.92 P/E if the $0.13 EPS becomes a reality. After $-1.42 actual earnings per share reported by White Mountains Insurance Group, Ltd. for the previous quarter, Wall Street now forecasts -109.15% EPS growth.

More important recent White Mountains Insurance Group, Ltd. (NYSE:WTM) news were published by: Twst.com which released: “White Mountains Insurance Group Ltd.: NSM Insurance Group Acquires Fresh Insurance” on May 21, 2018, also Prnewswire.com published article titled: “White Mountains to Hold 2018 Annual Investor Information Meeting on June 8, 2018”, Seekingalpha.com published: “Stocks To Watch: Eyes On Apple’s WWDC, SCOTUS And DC” on June 02, 2018. More interesting news about White Mountains Insurance Group, Ltd. (NYSE:WTM) was released by: Prnewswire.com and their article: “NSM Insurance Group Acquires Fresh Insurance” with publication date: May 21, 2018.

Since May 7, 2018, it had 0 insider buys, and 2 sales for $3.56 million activity. $2.58 million worth of White Mountains Insurance Group, Ltd. (NYSE:WTM) shares were sold by SEELIG ROBERT LAWRENCE.

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