Moore Capital Management LP Increased Its Apple (AAPL) Stake; Pinnacle West Capital (PNW) Had 1 Bulls

April 22, 2018 - By Marguerite Chambers

Apple Inc. (NASDAQ:AAPL) Logo

Moore Capital Management Lp increased Apple Inc (AAPL) stake by 321.43% reported in 2017Q4 SEC filing. Moore Capital Management Lp acquired 900,000 shares as Apple Inc (AAPL)’s stock declined 3.81%. The Moore Capital Management Lp holds 1.18 million shares with $199.69 million value, up from 280,000 last quarter. Apple Inc now has $840.87B valuation. The stock decreased 4.10% or $7.08 during the last trading session, reaching $165.72. About 60.26M shares traded or 56.69% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 22, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Among 13 analysts covering Pinnacle West Capital Corporation (NYSE:PNW), 1 have Buy rating, 1 Sell and 11 Hold. Therefore 8% are positive. Pinnacle West Capital Corporation had 63 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by SunTrust with “Hold” on Monday, February 12. The stock of Pinnacle West Capital Corporation (NYSE:PNW) earned “Hold” rating by SunTrust on Monday, October 30. BMO Capital Markets maintained the stock with “Hold” rating in Thursday, August 3 report. Morgan Stanley maintained Pinnacle West Capital Corporation (NYSE:PNW) rating on Thursday, August 10. Morgan Stanley has “Underweight” rating and $83 target. SunTrust maintained the stock with “Hold” rating in Monday, April 2 report. As per Friday, March 18, the company rating was maintained by Barclays Capital. The firm earned “Underperform” rating on Tuesday, January 12 by Bank of America. The rating was downgraded by Williams Capital Group to “Hold” on Tuesday, March 7. As per Tuesday, January 26, the company rating was downgraded by Evercore. The stock of Pinnacle West Capital Corporation (NYSE:PNW) has “Hold” rating given on Sunday, November 5 by RBC Capital Markets. See Pinnacle West Capital Corporation (NYSE:PNW) latest ratings:

16/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $80 New Target: $84 Maintain
11/04/2018 Broker: SunTrust Rating: Hold New Target: $82.0000 Maintain
02/04/2018 Broker: SunTrust Rating: Hold New Target: $84.0000 Maintain
26/03/2018 Broker: SunTrust Rating: Hold New Target: $81.0000 Maintain
19/03/2018 Broker: SunTrust Rating: Hold New Target: $82.0 Maintain
08/03/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $84 New Target: $80 Maintain
08/03/2018 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
26/02/2018 Broker: Bank of America Old Rating: Underperform New Rating: Underperform Old Target: $80 New Target: $81 Maintain
26/02/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $80 New Target: $84 Maintain
26/02/2018 Broker: Wells Fargo Rating: Hold New Target: $85.0 Downgrade

Since December 7, 2017, it had 0 buys, and 5 insider sales for $26.72 million activity. SCHILLER PHILIP W also sold $11.56 million worth of Apple Inc. (NASDAQ:AAPL) shares. Shares for $2.65 million were sold by Riccio Daniel J.. The insider Maestri Luca sold 39,122 shares worth $6.83 million.

Moore Capital Management Lp decreased Amazon Com Inc (NASDAQ:AMZN) stake by 80,000 shares to 90,500 valued at $105.84 million in 2017Q4. It also reduced Invitation Homes Inc stake by 850,000 shares and now owns 215,000 shares. American Eagle Outfitters (NYSE:AEO) was reduced too.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 399 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, August 2. Pacific Crest maintained the shares of AAPL in report on Wednesday, April 27 with “Overweight” rating. On Monday, July 10 the stock rating was upgraded by Mizuho to “Buy”. Brean Capital maintained the shares of AAPL in report on Wednesday, July 27 with “Buy” rating. The firm has “Buy” rating by UBS given on Tuesday, September 12. On Friday, September 11 the stock rating was maintained by FBR Capital with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Wednesday, October 28 by Mizuho. The company was maintained on Monday, February 27 by Mizuho. The rating was initiated by Longbow on Wednesday, July 6 with “Buy”. Loop Capital Markets initiated the shares of AAPL in report on Monday, July 24 with “Buy” rating.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Hikari Power owns 0.03% invested in Apple Inc. (NASDAQ:AAPL) for 1,350 shares. Dynamic Capital Management Ltd owns 3,606 shares or 0.21% of their US portfolio. Stillwater Inv Lc stated it has 6.48% of its portfolio in Apple Inc. (NASDAQ:AAPL). Advisory Services Network Ltd Liability Corp stated it has 109,313 shares or 1.61% of all its holdings. First Business Fincl Ser Incorporated owns 8,556 shares. Somerville Kurt F holds 4.04% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 115,432 shares. Proffitt And Goodson stated it has 0.8% of its portfolio in Apple Inc. (NASDAQ:AAPL). 37,271 are owned by Accredited Investors. Invesco Ltd has 49.53 million shares for 3.02% of their portfolio. Armstrong Henry H Associates Incorporated holds 19,902 shares or 0.57% of its portfolio. Massmutual Tru Fsb Adv reported 25,735 shares. Pecaut & Co invested in 49,737 shares. Seatown Holdg Pte Ltd has 46,116 shares. Gateway Advisers Ltd Co reported 2.70M shares stake. 51,125 are held by Cap Int Sarl.

Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company has market cap of $8.73 billion. It generates, transmits, and distributes electricity using coal, nuclear, gas, oil, and solar resources. It has a 17.94 P/E ratio. The firm serves approximately 1.2 million customers.

Investors sentiment decreased to 1.04 in Q4 2017. Its down 0.26, from 1.3 in 2017Q3. It dropped, as 31 investors sold Pinnacle West Capital Corporation shares while 140 reduced holdings. 51 funds opened positions while 127 raised stakes. 89.70 million shares or 0.52% more from 89.24 million shares in 2017Q3 were reported. Fjarde Ap holds 21,170 shares. Ameriprise Fin accumulated 866,039 shares. Gsa Capital Prtnrs Limited Liability Partnership owns 34,328 shares or 0.18% of their US portfolio. Art Advsr Ltd invested in 52,500 shares or 0.2% of the stock. Moreover, Banced has 0.33% invested in Pinnacle West Capital Corporation (NYSE:PNW) for 2,360 shares. Quantbot Techs Lp owns 49,392 shares or 0.39% of their US portfolio. Rothschild Investment Il, a Illinois-based fund reported 11,987 shares. Assetmark Inc, a California-based fund reported 201 shares. Manufacturers Life Ins The has 0.02% invested in Pinnacle West Capital Corporation (NYSE:PNW). Canada Pension Plan Board invested in 0.04% or 270,859 shares. Tudor Inv Corp Et Al has invested 0.06% in Pinnacle West Capital Corporation (NYSE:PNW). Keybank Natl Association Oh invested in 0% or 5,299 shares. Whittier holds 0.01% or 1,800 shares in its portfolio. The Ohio-based Meeder Asset Mgmt Inc has invested 0.07% in Pinnacle West Capital Corporation (NYSE:PNW). Kbc Gp Nv reported 0.01% stake.

Since December 14, 2017, it had 0 buys, and 6 selling transactions for $5.86 million activity. Shares for $400,815 were sold by Falck David P on Thursday, December 14. 24,216 shares were sold by BRANDT DONALD E, worth $1.92M. MUNRO KATHRYN L had sold 2,666 shares worth $200,910 on Wednesday, March 7. HATFIELD JOHN S. sold 2,145 shares worth $163,320. HERBERGER ROY A JR also sold $162,108 worth of Pinnacle West Capital Corporation (NYSE:PNW) shares.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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