Alps Advisors Upped Its Position in Coeur Mining (CDE) by $1.10 Million; As Apple (AAPL) Valuation Rose, Shareholder United Bank Cut by $632,632 Its Position

February 14, 2018 - By Linda Rogers

United Bank decreased its stake in Apple Inc (AAPL) by 9.13% based on its latest 2017Q3 regulatory filing with the SEC. United Bank sold 4,108 shares as the company’s stock rose 12.78% with the market. The institutional investor held 40,869 shares of the computer manufacturing company at the end of 2017Q3, valued at $6.30M, down from 44,977 at the end of the previous reported quarter. United Bank who had been investing in Apple Inc for a number of months, seems to be less bullish one the $840.97 billion market cap company. The stock increased 0.85% or $1.4 during the last trading session, reaching $165.74. About 23.17 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Alps Advisors Inc increased its stake in Coeur Mining Inc (CDE) by 8.34% based on its latest 2017Q3 regulatory filing with the SEC. Alps Advisors Inc bought 122,404 shares as the company’s stock rose 6.31% with the market. The institutional investor held 1.59M shares of the basic industries company at the end of 2017Q3, valued at $14.62M, up from 1.47 million at the end of the previous reported quarter. Alps Advisors Inc who had been investing in Coeur Mining Inc for a number of months, seems to be bullish on the $1.56 billion market cap company. The stock increased 7.27% or $0.57 during the last trading session, reaching $8.41. About 3.47 million shares traded or 25.32% up from the average. Coeur Mining, Inc. (NYSE:CDE) has risen 21.49% since February 14, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 377 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Pacific Crest with “Overweight” on Tuesday, April 4. UBS maintained it with “Buy” rating and $115 target in Tuesday, July 26 report. On Tuesday, December 19 the stock rating was downgraded by Instinet to “Neutral”. The rating was maintained by Guggenheim with “Buy” on Friday, December 1. The stock of Apple Inc. (NASDAQ:AAPL) earned “Perform” rating by Oppenheimer on Wednesday, April 27. Canaccord Genuity maintained the stock with “Buy” rating in Wednesday, August 2 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Positive” rating given on Monday, August 17 by Pacific Crest. J.P. Morgan maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, August 2 with “Buy” rating. The company was downgraded on Thursday, January 19 by OTR Global. BTIG Research maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, April 7. BTIG Research has “Buy” rating and $130 target.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It increased, 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. Westchester Capital invested in 79,812 shares or 5.27% of the stock. Weatherstone Cap has 5,390 shares for 0.57% of their portfolio. Fincl Advantage Incorporated invested in 649 shares or 0.08% of the stock. Hirtle Callaghan & Ltd Liability Corporation holds 30,570 shares. Palouse Mgmt Inc reported 1.42% in Apple Inc. (NASDAQ:AAPL). Locust Wood Cap Advisers Limited holds 2.83% or 193,791 shares. Next Fin Grp reported 3.96% in Apple Inc. (NASDAQ:AAPL). Ruggie Cap Gp Inc holds 5,017 shares or 0.5% of its portfolio. Ivory Inv Ltd Liability Com holds 610,814 shares or 4.68% of its portfolio. Moreover, Bellecapital Ltd has 4.41% invested in Apple Inc. (NASDAQ:AAPL) for 24,255 shares. Art Advisors Ltd has 7,900 shares. Baltimore, Alabama-based fund reported 68,023 shares. Torray Limited Liability Corp has 2.26% invested in Apple Inc. (NASDAQ:AAPL) for 147,891 shares. Estabrook Capital Management has 2.38% invested in Apple Inc. (NASDAQ:AAPL). Aspiriant Ltd Liability Co holds 127,426 shares or 1.65% of its portfolio.

Since August 15, 2017, it had 0 buys, and 7 selling transactions for $70.47 million activity. Shares for $2.42M were sold by Riccio Daniel J. on Thursday, October 5. Shares for $1.70M were sold by Srouji Johny on Wednesday, August 16. SCHILLER PHILIP W also sold $8.79M worth of Apple Inc. (NASDAQ:AAPL) shares. 268,623 Apple Inc. (NASDAQ:AAPL) shares with value of $43.15 million were sold by COOK TIMOTHY D. Shares for $9.78 million were sold by AHRENDTS ANGELA J on Tuesday, October 3.

Since August 28, 2017, it had 0 buys, and 6 sales for $645,969 activity. Mitchell Peter C. sold 10,000 shares worth $76,700. Another trade for 10,000 shares valued at $92,500 was sold by Rasmussen Hans John. Spurbeck Mark sold $87,875 worth of stock or 9,500 shares.

Among 8 analysts covering Coeur Mining (NYSE:CDE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Coeur Mining had 48 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained Coeur Mining, Inc. (NYSE:CDE) on Monday, September 25 with “Buy” rating. The firm earned “Buy” rating on Sunday, October 29 by Canaccord Genuity. On Sunday, January 7 the stock rating was maintained by Canaccord Genuity with “Buy”. The stock has “Buy” rating by RBC Capital Markets on Thursday, May 25. Canaccord Genuity maintained Coeur Mining, Inc. (NYSE:CDE) on Thursday, October 5 with “Buy” rating. The stock of Coeur Mining, Inc. (NYSE:CDE) earned “Buy” rating by Roth Capital on Tuesday, September 12. The company was upgraded on Monday, October 3 by Deutsche Bank. BMO Capital Markets maintained Coeur Mining, Inc. (NYSE:CDE) on Monday, September 11 with “Buy” rating. RBC Capital Markets upgraded Coeur Mining, Inc. (NYSE:CDE) on Thursday, July 14 to “Outperform” rating. Roth Capital maintained it with “Buy” rating and $1200 target in Thursday, July 27 report.

Investors sentiment increased to 1.04 in 2017 Q3. Its up 0.18, from 0.86 in 2017Q2. It increased, as 25 investors sold CDE shares while 45 reduced holdings. 30 funds opened positions while 43 raised stakes. 126.65 million shares or 2.92% more from 123.06 million shares in 2017Q2 were reported. Boothbay Fund Mngmt Limited Liability reported 11,358 shares stake. Prudential Incorporated reported 0% stake. Glenmede Tru Com Na stated it has 26,500 shares. Alliancebernstein Ltd Partnership stated it has 219,106 shares. Aperio Ltd Llc has 44,988 shares. First Mercantile Tru Communication holds 0.04% in Coeur Mining, Inc. (NYSE:CDE) or 25,024 shares. The Colorado-based Alps Advsrs has invested 0.1% in Coeur Mining, Inc. (NYSE:CDE). Pnc Financial Services Gru Incorporated Inc accumulated 0% or 3,619 shares. 1.11M are held by Old Mutual Glob Investors (Uk). Two Sigma Secs Llc holds 0.01% of its portfolio in Coeur Mining, Inc. (NYSE:CDE) for 15,946 shares. Ruffer Limited Liability Partnership has invested 0.08% in Coeur Mining, Inc. (NYSE:CDE). Great West Life Assurance Can has invested 0% in Coeur Mining, Inc. (NYSE:CDE). Metropolitan Life Insur Communication New York owns 123,736 shares or 0.01% of their US portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) reported 7,516 shares. Guardian Tru Co reported 333 shares.

Alps Advisors Inc, which manages about $13.32B and $14.11 billion US Long portfolio, decreased its stake in Randgold Resources Ltd (NASDAQ:GOLD) by 4,401 shares to 311,218 shares, valued at $30.39 million in 2017Q3, according to the filing. It also reduced its holding in Cisco Systems Inc (NASDAQ:CSCO) by 53,540 shares in the quarter, leaving it with 1.44 million shares, and cut its stake in T Rowe Price Group Inc (NASDAQ:TROW).

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