Apple (AAPL) Stock Rose While Alesco Advisors Has Boosted Stake by $344,806; Miller Howard Investments Has Trimmed Cisco Sys Com (CSCO) Stake as Shares Declined

February 22, 2018 - By mmahotstuff

Alesco Advisors Llc increased its stake in Apple Inc (AAPL) by 60.27% based on its latest 2017Q3 regulatory filing with the SEC. Alesco Advisors Llc bought 2,239 shares as the company’s stock rose 12.78% with the market. The institutional investor held 5,954 shares of the computer manufacturing company at the end of 2017Q3, valued at $918,000, up from 3,715 at the end of the previous reported quarter. Alesco Advisors Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $878.16 billion market cap company. The stock increased 1.17% or $2 during the last trading session, reaching $173.07. About 21.69 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 22, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Miller Howard Investments Inc decreased its stake in Cisco Sys Inc Com (CSCO) by 2.57% based on its latest 2017Q3 regulatory filing with the SEC. Miller Howard Investments Inc sold 93,953 shares as the company’s stock declined 7.50% while stock markets rallied. The institutional investor held 3.56M shares of the technology company at the end of 2017Q3, valued at $119.65M, down from 3.65M at the end of the previous reported quarter. Miller Howard Investments Inc who had been investing in Cisco Sys Inc Com for a number of months, seems to be less bullish one the $213.29 billion market cap company. The stock decreased 0.38% or $0.165 during the last trading session, reaching $43.145. About 16.36 million shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since February 22, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Since August 24, 2017, it had 0 buys, and 6 insider sales for $27.32 million activity. 56,808 Apple Inc. (NASDAQ:AAPL) shares with value of $8.79M were sold by SCHILLER PHILIP W. $43.15M worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D. Riccio Daniel J. had sold 15,641 shares worth $2.65M. 63,388 shares valued at $9.78 million were sold by AHRENDTS ANGELA J on Tuesday, October 3.

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 company was upgraded on Wednesday, October 28 by Pacific Crest. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) on Friday, January 20 with “Outperform” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by BMO Capital Markets on Monday, December 18. The firm has “Buy” rating given on Wednesday, July 27 by Citigroup. Deutsche Bank maintained the shares of AAPL in report on Monday, July 17 with “Hold” rating. Piper Jaffray maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, October 31 with “Buy” rating. Susquehanna maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, October 28 with “Buy” rating. Macquarie Research maintained the shares of AAPL in report on Tuesday, August 11 with “Outperform” rating. Cowen & Co maintained Apple Inc. (NASDAQ:AAPL) on Friday, July 7 with “Buy” rating. On Friday, December 1 the stock rating was maintained by Guggenheim with “Buy”.

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. 465,180 were reported by Arrowgrass Prns (Us) Lp. Paradigm Fincl Advsrs Limited Liability reported 98,857 shares. Dorsey Whitney Communication Limited Liability Company has 1.14% invested in Apple Inc. (NASDAQ:AAPL). Sumitomo Life holds 191,709 shares. Moreover, Cliftonlarsonallen Wealth Advisors Ltd Com has 0.23% invested in Apple Inc. (NASDAQ:AAPL) for 14,303 shares. Cornerstone Capital Management Ltd Limited Liability Company reported 2.74% of its portfolio in Apple Inc. (NASDAQ:AAPL). Moreover, Rainier Mngmt Ltd Liability Corp has 0.83% invested in Apple Inc. (NASDAQ:AAPL) for 22,820 shares. Sterling Mngmt Ltd Liability Company holds 0.33% in Apple Inc. (NASDAQ:AAPL) or 224,095 shares. The United Kingdom-based Martin Currie Ltd has invested 3.2% in Apple Inc. (NASDAQ:AAPL). Northstar Asset Mngmt Lc has 4.82% invested in Apple Inc. (NASDAQ:AAPL). Herald Management Limited reported 17,635 shares or 0.88% of all its holdings. Bp Public Limited Com holds 3.31% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 607,300 shares. Cortland Assoc Inc Mo, Missouri-based fund reported 3,305 shares. Shine Inv Advisory Services reported 0.43% in Apple Inc. (NASDAQ:AAPL). Cumberland Prtnrs Limited holds 1.8% or 86,819 shares in its portfolio.

Alesco Advisors Llc, which manages about $2.02B and $1.63B US Long portfolio, decreased its stake in Ishares Tr (IJR) by 15,639 shares to 2.21M shares, valued at $164.17 million in 2017Q3, according to the filing. It also reduced its holding in Powershares Db Cmdty Idx Tra (DBC) by 128,145 shares in the quarter, leaving it with 91,765 shares, and cut its stake in Barclays Bk Plc (DJP).

Since August 23, 2017, it had 0 buys, and 6 insider sales for $15.73 million activity. On Monday, September 18 CHANDLER MARK D sold $2.11M worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 65,000 shares. $578,740 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C on Thursday, December 14. Shares for $3.89M were sold by Robbins Charles on Monday, September 11. Another trade for 200,000 shares valued at $7.59 million was made by BARTZ CAROL on Thursday, December 14. 250,000 shares were sold by CHAMBERS JOHN T, worth $7.79M on Wednesday, August 23. Walker Karen also sold $740,883 worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares.

Miller Howard Investments Inc, which manages about $6.68B and $4.85B US Long portfolio, upped its stake in Oneok Inc New Com (NYSE:OKE) by 1.26 million shares to 2.15 million shares, valued at $118.93 million in 2017Q3, according to the filing. It also increased its holding in Range Res Corp Com (NYSE:RRC) by 89,038 shares in the quarter, for a total of 408,499 shares, and has risen its stake in Ares Cap Corp Com (NASDAQ:ARCC).

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.16, from 1.18 in 2017Q2. It fall, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Virtus Advisers accumulated 0.18% or 49,617 shares. Dimensional Fund Advsr LP holds 0.72% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 48.74M shares. Paragon Cap Mgmt Limited Liability Corporation accumulated 348,217 shares or 3.93% of the stock. Bartlett Limited Liability Corporation holds 0.06% or 45,519 shares in its portfolio. Ontario – Canada-based Hillsdale Invest Mgmt Incorporated has invested 0.05% in Cisco Systems, Inc. (NASDAQ:CSCO). Boltwood holds 0.35% or 16,250 shares. Commonwealth Equity Svcs owns 0.29% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 1.42M shares. Wealthfront has invested 0.06% in Cisco Systems, Inc. (NASDAQ:CSCO). Boston Limited Liability Corp has 246,063 shares. 9,748 were accumulated by Lau Associates Ltd Liability Com. Markel Corporation has invested 0.23% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Renaissance Technology Llc has invested 0.08% in Cisco Systems, Inc. (NASDAQ:CSCO). Seizert Cap Prtnrs Ltd holds 1.4% or 1.13 million shares in its portfolio. First Commonwealth Fincl Pa invested in 26,634 shares or 1.02% of the stock. Cornercap Invest Counsel has invested 0.16% in Cisco Systems, Inc. (NASDAQ:CSCO).

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