Apple (AAPL) Shareholder Bedell Frazier Investment Counseling Has Decreased Holding by $303,380 as Share Value Rose; Shire Plc (SHPG) Stock Value Rose While Ing Groep Nv Decreased Its Holding

February 23, 2018 - By Hazel Jackson

Bedell Frazier Investment Counseling Llc decreased its stake in Apple Inc (AAPL) by 1.72% based on its latest 2017Q3 regulatory filing with the SEC. Bedell Frazier Investment Counseling Llc sold 1,970 shares as the company’s stock rose 12.78% with the market. The institutional investor held 112,788 shares of the computer manufacturing company at the end of 2017Q3, valued at $17.38 million, down from 114,758 at the end of the previous reported quarter. Bedell Frazier Investment Counseling Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $890.69 billion market cap company. The stock increased 1.76% or $3.04 during the last trading session, reaching $175.54. About 27.60 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 23, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Ing Groep Nv decreased its stake in Shire Plc (SHPG) by 48.91% based on its latest 2017Q3 regulatory filing with the SEC. Ing Groep Nv sold 5,492 shares as the company’s stock rose 4.45% with the market. The institutional investor held 5,737 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $879,000, down from 11,229 at the end of the previous reported quarter. Ing Groep Nv who had been investing in Shire Plc for a number of months, seems to be less bullish one the $38.72B market cap company. The stock increased 0.65% or $0.82 during the last trading session, reaching $126.87. About 752,993 shares traded. Shire plc (NASDAQ:SHPG) has risen 4.69% since February 23, 2017 and is uptrending. It has underperformed by 12.01% the S&P500.

Analysts await Shire plc (NASDAQ:SHPG) to report earnings on May, 1. They expect $3.65 earnings per share, up 0.55% or $0.02 from last year’s $3.63 per share. SHPG’s profit will be $1.11B for 8.69 P/E if the $3.65 EPS becomes a reality. After $3.98 actual earnings per share reported by Shire plc for the previous quarter, Wall Street now forecasts -8.29% negative EPS growth.

Among 26 analysts covering Shire plc (ADR) (NASDAQ:SHPG), 21 have Buy rating, 0 Sell and 5 Hold. Therefore 81% are positive. Shire plc (ADR) had 72 analyst reports since July 22, 2015 according to SRatingsIntel. The stock of Shire plc (NASDAQ:SHPG) has “Buy” rating given on Monday, July 10 by RBC Capital Markets. JP Morgan maintained Shire plc (NASDAQ:SHPG) on Friday, May 20 with “Overweight” rating. The firm earned “Buy” rating on Tuesday, August 15 by Cantor Fitzgerald. The company was initiated on Wednesday, October 14 by Northland Capital. The firm earned “Outperform” rating on Tuesday, November 17 by Leerink Swann. The stock of Shire plc (NASDAQ:SHPG) has “Buy” rating given on Friday, May 6 by Liberum Capital. The rating was maintained by Cowen & Co with “Buy” on Wednesday, May 31. The stock has “Buy” rating by HSBC on Tuesday, November 3. FBR Capital initiated it with “Buy” rating and $201.0 target in Wednesday, October 18 report. The rating was initiated by Stifel Nicolaus with “Buy” on Thursday, May 26.

Ing Groep Nv, which manages about $5.88 billion and $5.19 billion US Long portfolio, upped its stake in Masco Corp (NYSE:MAS) by 11,150 shares to 27,533 shares, valued at $1.07M in 2017Q3, according to the filing. It also increased its holding in Bioverativ Inc by 9,615 shares in the quarter, for a total of 15,480 shares, and has risen its stake in Northrop Grumman Corp (NYSE:NOC).

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 maintained on Thursday, August 27 by Bank of America. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, October 28 with “Outperform” rating. The stock has “Buy” rating by Macquarie Research on Wednesday, October 28. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Friday, September 11 by Wells Fargo. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, January 27 by UBS. The firm earned “Buy” rating on Friday, September 11 by Susquehanna. The rating was maintained by Maxim Group with “Buy” on Monday, June 19. On Wednesday, August 23 the stock rating was maintained by Drexel Hamilton with “Buy”. Gabelli downgraded the shares of AAPL in report on Friday, December 1 to “Hold” rating. The company was maintained on Thursday, September 14 by Canaccord Genuity.

Investors sentiment increased to 0.7 in Q3 2017. 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. Toronto Dominion Bank holds 2.97M shares. Zevenbergen Capital Limited Liability Corporation holds 0.13% or 19,787 shares. Davenport & Lc owns 381,468 shares. 9.94 million are held by Principal Fin Grp. Lincoln Natl holds 67,875 shares. Fruth Inv has 11,132 shares for 0.79% of their portfolio. Ajo Ltd Partnership holds 0.41% or 606,553 shares. Lafleur & Godfrey Lc owns 175,167 shares. Sequoia Fincl Advsr Ltd Liability Company reported 197,893 shares. Kentucky Retirement Insurance Fund, Kentucky-based fund reported 137,866 shares. Moreover, Tower Bridge Advsr has 2.47% invested in Apple Inc. (NASDAQ:AAPL). Lyons Wealth Management Limited Com accumulated 105,300 shares. Commerzbank Aktiengesellschaft Fi invested 3.01% in Apple Inc. (NASDAQ:AAPL). 55,868 are held by Verity & Verity Limited Liability. Natl Planning Corp has 179,004 shares for 5.65% of their portfolio.

Since August 24, 2017, it had 0 insider purchases, and 6 selling transactions for $27.32 million activity. $9.78M worth of Apple Inc. (NASDAQ:AAPL) was sold by AHRENDTS ANGELA J on Tuesday, October 3. Srouji Johny sold 5,892 shares worth $948,612. $8.79M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by SCHILLER PHILIP W. $43.15M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by COOK TIMOTHY D.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1. They expect $2.72 earnings per share, up 29.52% or $0.62 from last year’s $2.1 per share. AAPL’s profit will be $13.80 billion for 16.13 P/E if the $2.72 EPS becomes a reality. After $3.89 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.08% negative EPS growth.

Bedell Frazier Investment Counseling Llc, which manages about $216.92M US Long portfolio, upped its stake in Whirlpool Corp (NYSE:WHR) by 17,015 shares to 65,198 shares, valued at $12.03 million in 2017Q3, according to the filing.

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