Panagora Asset Management Stake in Ingersoll (IR) Boosted as Shares Rose; As Apple (AAPL) Share Value Rose, Mitchell Mcleod Pugh & Williams Trimmed Stake by $411,180

February 18, 2018 - By Richard Conner

Mitchell Mcleod Pugh & Williams Inc decreased its stake in Apple Inc (AAPL) by 5.49% based on its latest 2017Q3 regulatory filing with the SEC. Mitchell Mcleod Pugh & Williams Inc sold 2,670 shares as the company’s stock rose 12.78% with the market. The institutional investor held 45,995 shares of the computer manufacturing company at the end of 2017Q3, valued at $7.09M, down from 48,665 at the end of the previous reported quarter. Mitchell Mcleod Pugh & Williams Inc who had been investing in Apple Inc 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 40.18M 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.

Panagora Asset Management Inc increased its stake in Ingersoll (IR) by 19.07% based on its latest 2017Q3 regulatory filing with the SEC. Panagora Asset Management Inc bought 312,103 shares as the company’s stock rose 10.19% with the market. The institutional investor held 1.95M shares of the o.e.m. company at the end of 2017Q3, valued at $173.79 million, up from 1.64 million at the end of the previous reported quarter. Panagora Asset Management Inc who had been investing in Ingersoll for a number of months, seems to be bullish on the $22.75B market cap company. The stock decreased 1.07% or $0.98 during the last trading session, reaching $91.03. About 1.96 million shares traded or 8.55% up from the average. Ingersoll-Rand Plc (NYSE:IR) has risen 39.42% since February 18, 2017 and is uptrending. It has outperformed by 22.72% the S&P500.

Since August 15, 2017, it had 0 buys, and 7 insider sales for $70.47 million activity. 6,209 shares were sold by KONDO CHRIS, worth $1.01 million. Srouji Johny sold $1.70M worth of stock or 10,469 shares. The insider SCHILLER PHILIP W sold 56,808 shares worth $8.79M. COOK TIMOTHY D had sold 268,623 shares worth $43.15M. 63,388 shares were sold by AHRENDTS ANGELA J, worth $9.78M.

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. Shelton Capital Mgmt accumulated 437,397 shares. M Kraus And Company holds 2,207 shares or 0.21% of its portfolio. Merriman Wealth Management Limited Liability accumulated 31,013 shares. First Washington Corporation reported 1.22% stake. Mcrae Capital Management holds 1.67% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 25,210 shares. New Mexico Educational Retirement Board stated it has 3.5% in Apple Inc. (NASDAQ:AAPL). Chilton Cap Ltd Co has invested 2.03% in Apple Inc. (NASDAQ:AAPL). Warren Averett Asset Ltd Liability Corporation has invested 0.97% of its portfolio in Apple Inc. (NASDAQ:AAPL). 746,092 were reported by Waverton Invest. Harbour Mngmt Ltd has 2% invested in Apple Inc. (NASDAQ:AAPL) for 18,556 shares. 55,651 are held by Marietta Ptnrs Ltd Liability. Gofen & Glossberg Limited Liability Com Il holds 409,186 shares. Bender Robert And Assoc stated it has 138,624 shares or 12.28% of all its holdings. Moreover, Greenwich Wealth Management Ltd has 1.73% invested in Apple Inc. (NASDAQ:AAPL). Lathrop Invest Mngmt Corporation invested in 0.32% or 7,759 shares.

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. The stock has “Buy” rating by BTIG Research on Wednesday, July 27. Piper Jaffray maintained the stock with “Overweight” rating in Wednesday, October 28 report. The firm has “Outperform” rating given on Monday, January 11 by Oppenheimer. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, December 17. Robert W. Baird maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, June 2. Robert W. Baird has “Buy” rating and $16000 target. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Wednesday, March 30 by Longbow. UBS maintained the shares of AAPL in report on Monday, November 27 with “Buy” rating. Goldman Sachs maintained it with “Buy” rating and $150 target in Monday, February 13 report. The firm has “Buy” rating by Guggenheim given on Tuesday, July 18. On Thursday, October 22 the stock rating was maintained by Susquehanna with “Buy”.

Panagora Asset Management Inc, which manages about $37.15 billion and $25.26 billion US Long portfolio, decreased its stake in Dril (NYSE:DRQ) by 8,409 shares to 2,550 shares, valued at $113,000 in 2017Q3, according to the filing. It also reduced its holding in Ishares Msci Eafe Etf (EFA) by 8,558 shares in the quarter, leaving it with 4,762 shares, and cut its stake in Cvs Health Corp (NYSE:CVS).

Among 23 analysts covering Ingersoll-Rand Plc (NYSE:IR), 13 have Buy rating, 0 Sell and 10 Hold. Therefore 57% are positive. Ingersoll-Rand Plc had 71 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Wednesday, July 29 by RBC Capital Markets. The stock has “Hold” rating by Susquehanna on Friday, January 12. Jefferies maintained Ingersoll-Rand Plc (NYSE:IR) on Thursday, July 13 with “Buy” rating. The company was maintained on Monday, September 25 by Morgan Stanley. The company was maintained on Wednesday, October 18 by Stifel Nicolaus. The stock of Ingersoll-Rand Plc (NYSE:IR) has “Hold” rating given on Wednesday, September 20 by J.P. Morgan. The stock of Ingersoll-Rand Plc (NYSE:IR) earned “Buy” rating by Stifel Nicolaus on Thursday, February 15. Buckingham Research upgraded the shares of IR in report on Thursday, April 14 to “Buy” rating. RBC Capital Markets maintained it with “Hold” rating and $91.0 target in Thursday, October 26 report. The stock has “Neutral” rating by JP Morgan on Wednesday, September 20.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.28, from 0.88 in 2017Q2. It increased, as 41 investors sold IR shares while 190 reduced holdings. 77 funds opened positions while 191 raised stakes. 202.31 million shares or 0.64% more from 201.02 million shares in 2017Q2 were reported. Meritage Portfolio Management has 63,425 shares. Broderick Brian C owns 0.18% invested in Ingersoll-Rand Plc (NYSE:IR) for 5,450 shares. 3,870 were reported by Williams Jones And Llc. Parkside Retail Bank & stated it has 0% in Ingersoll-Rand Plc (NYSE:IR). Livforsakringsbolaget Skandia Omsesidigt stated it has 12,963 shares. Hl Fincl Ltd Liability Co has 48,063 shares. 1.74 million are held by Victory Cap Mngmt Inc. Kcm Inv Advsr Ltd Co has invested 0.14% in Ingersoll-Rand Plc (NYSE:IR). Moreover, Atalanta Sosnoff Cap Limited Liability Company has 0.34% invested in Ingersoll-Rand Plc (NYSE:IR) for 109,089 shares. State Of Tennessee Treasury Department has 0.15% invested in Ingersoll-Rand Plc (NYSE:IR). Motco reported 0% of its portfolio in Ingersoll-Rand Plc (NYSE:IR). Rand Wealth Limited Liability Company accumulated 20,748 shares. Eagle Asset Mgmt invested in 0.27% or 522,907 shares. First Personal Fincl Svcs stated it has 683 shares. St Germain D J Co has 3,080 shares for 0.03% of their portfolio.

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