As Liberty Global Plc (LBTYK) Stock Declined, Valinor Management Trimmed Holding; Flossbach Von Storch Ag Has Lowered Apple (AAPL) Holding by $9.61 Million as Share Price Rose

February 18, 2018 - By Marie Mckinney

Flossbach Von Storch Ag decreased its stake in Apple (AAPL) by 31.71% based on its latest 2017Q3 regulatory filing with the SEC. Flossbach Von Storch Ag sold 62,435 shares as the company’s stock rose 12.78% with the market. The institutional investor held 134,480 shares of the computer manufacturing company at the end of 2017Q3, valued at $20.73M, down from 196,915 at the end of the previous reported quarter. Flossbach Von Storch Ag who had been investing in Apple for a number of months, seems to be less bullish one the $874.91B 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.

David Gallo decreased its stake in Liberty Global Plc (LBTYK) by 33.79% based on its latest 2017Q3 regulatory filing with the SEC. Valinor Management Llc sold 1.18M shares as the company’s stock declined 17.26% while stock markets rallied. The hedge fund run by David Gallo held 2.32M shares of the television services company at the end of 2017Q3, valued at $75.79M, down from 3.50 million at the end of the previous reported quarter. Valinor Management Llc who had been investing in Liberty Global Plc for a number of months, seems to be less bullish one the $32.16B market cap company. The stock decreased 2.24% or $0.74 during the last trading session, reaching $32.27. About 3.26M shares traded or 11.57% up from the average. Liberty Global plc (NASDAQ:LBTYK) has declined 6.78% since February 18, 2017 and is downtrending. It has underperformed by 23.48% the S&P500.

Valinor Management Llc, which manages about $4.82B and $3.19B US Long portfolio, upped its stake in Transdigm Group Inc (NYSE:TDG) by 7,983 shares to 435,246 shares, valued at $111.27 million in 2017Q3, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 95,400 shares in the quarter, for a total of 729,100 shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Flossbach Von Storch Ag, which manages about $9.59 billion US Long portfolio, upped its stake in Goldcorp (NYSE:GG) by 2.01M shares to 9.16 million shares, valued at $118.68 million in 2017Q3, according to the filing. It also increased its holding in Newmont Mining (NYSE:NEM) by 198,935 shares in the quarter, for a total of 8.07 million shares, and has risen its stake in National Oilwell Varco (NYSE:NOV).

Since August 15, 2017, it had 0 insider purchases, and 7 insider sales for $70.47 million activity. $1.01M worth of Apple Inc. (NASDAQ:AAPL) was sold by KONDO CHRIS on Tuesday, August 15. Shares for $8.79M were sold by SCHILLER PHILIP W on Tuesday, October 3. Srouji Johny sold $1.70M worth of Apple Inc. (NASDAQ:AAPL) on Wednesday, August 16. Another trade for 63,388 shares valued at $9.78M was sold by AHRENDTS ANGELA J. $43.15M worth of stock was sold by COOK TIMOTHY D on Thursday, August 24.

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. Stifel Nicolaus downgraded the shares of AAPL in report on Wednesday, October 26 to “Hold” rating. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, October 28 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, September 11 by FBR Capital. Robert W. Baird maintained it with “Buy” rating and $172.0 target in Tuesday, September 5 report. The firm has “Hold” rating by KeyBanc Capital Markets given on Wednesday, June 28. The firm has “Buy” rating by Maxim Group given on Friday, February 2. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, July 25 by UBS. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, September 11 by BMO Capital Markets. As per Friday, November 3, the company rating was maintained by Barclays Capital. Canaccord Genuity maintained it with “Buy” rating and $140 target in Friday, September 16 report.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It is positive, 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. Fenimore Asset Mgmt Incorporated reported 0.03% in Apple Inc. (NASDAQ:AAPL). North Star Asset Mngmt holds 1.78% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 117,152 shares. Public Sector Pension Investment Board has invested 0.66% in Apple Inc. (NASDAQ:AAPL). Benjamin F Edwards Com Inc holds 66,343 shares or 1.23% of its portfolio. First Midwest Bancorporation Division has invested 2.55% in Apple Inc. (NASDAQ:AAPL). 6,616 were accumulated by Rdl Financial. Guyasuta Investment Advsr owns 17,432 shares for 0.32% of their portfolio. Associated Banc owns 374,817 shares for 3.19% of their portfolio. Benedict Financial Advisors holds 38,646 shares. Daiwa Sb Investments Ltd holds 2.72% or 69,000 shares in its portfolio. Essex Fincl holds 96,672 shares or 3.66% of its portfolio. Dana Advisors owns 280,650 shares for 1.99% of their portfolio. Berkshire Money Mgmt Inc reported 0.07% stake. Old Second National Bank Of Aurora has invested 2.47% of its portfolio in Apple Inc. (NASDAQ:AAPL). Gm Advisory Group has invested 1.55% in Apple Inc. (NASDAQ:AAPL).

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