Apple (AAPL) Holder Needham Investment Management Has Cut Holding by $937,950; As Bunge LTD (BG) Share Price Rose, Capital Fund Management Sa Has Cut Its Stake

April 23, 2018 - By Ellis Scott

Bunge Limited (NYSE:BG) Logo

Needham Investment Management Llc decreased its stake in Apple Inc (AAPL) by 18.81% based on its latest 2017Q4 regulatory filing with the SEC. Needham Investment Management Llc sold 5,550 shares as the company’s stock declined 3.81% with the market. The institutional investor held 23,950 shares of the computer manufacturing company at the end of 2017Q4, valued at $4.05M, down from 29,500 at the end of the previous reported quarter. Needham Investment Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $836.16B market cap company. The stock decreased 0.56% or $0.93 during the last trading session, reaching $164.79. About 28.51M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 23, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Capital Fund Management Sa decreased its stake in Bunge Ltd (BG) by 54.43% based on its latest 2017Q4 regulatory filing with the SEC. Capital Fund Management Sa sold 49,457 shares as the company’s stock rose 8.80% while stock markets declined. The hedge fund held 41,401 shares of the packaged foods company at the end of 2017Q4, valued at $2.78M, down from 90,858 at the end of the previous reported quarter. Capital Fund Management Sa who had been investing in Bunge Ltd for a number of months, seems to be less bullish one the $10.32B market cap company. The stock decreased 0.71% or $0.52 during the last trading session, reaching $73.21. About 899,520 shares traded. Bunge Limited (NYSE:BG) has declined 9.19% since April 23, 2017 and is downtrending. It has underperformed by 20.74% the S&P500.

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 400 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Goldman Sachs given on Wednesday, October 26. The firm earned “Hold” rating on Wednesday, August 2 by Deutsche Bank. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Wednesday, October 26 by Credit Suisse. The firm has “Buy” rating by Citigroup given on Wednesday, August 2. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, September 11 report. Barclays Capital maintained it with “Equal-Weight” rating and $146 target in Wednesday, August 2 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Tuesday, April 3 by Gabelli. The firm has “Outperform” rating by Macquarie Research given on Friday, January 20. Canaccord Genuity maintained the stock with “Buy” rating in Monday, November 20 report. The rating was downgraded by Hilliard Lyons on Thursday, October 27 to “Long-Term Buy”.

Since December 7, 2017, it had 0 insider purchases, and 5 sales for $26.72 million activity. Shares for $6.83M were sold by Maestri Luca on Thursday, April 12. $11.56M worth of stock was sold by SCHILLER PHILIP W on Tuesday, April 3.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on May, 1 after the close. They expect $2.71 EPS, up 29.05% or $0.61 from last year’s $2.1 per share. AAPL’s profit will be $13.75B for 15.20 P/E if the $2.71 EPS becomes a reality. After $3.89 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -30.33% negative EPS growth.

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. Ct Mason stated it has 3.78% in Apple Inc. (NASDAQ:AAPL). Covington Capital stated it has 197,598 shares or 2.07% of all its holdings. Community Bankshares Na accumulated 108,326 shares or 1.96% of the stock. Evergreen Capital Mgmt Limited Liability Corporation has invested 1.38% in Apple Inc. (NASDAQ:AAPL). Moreover, Brown Advisory has 1.14% invested in Apple Inc. (NASDAQ:AAPL). Hap Trading Llc reported 169,870 shares stake. Scott Selber accumulated 52,761 shares or 4.78% of the stock. Gillespie Robinson & Grimm Incorporated has 4.27% invested in Apple Inc. (NASDAQ:AAPL) for 199,659 shares. Papp L Roy & Associate holds 3.74% or 111,900 shares in its portfolio. Bokf Na, a Oklahoma-based fund reported 336,683 shares. Security Bancorp Of Sioux City Iowa Ia holds 2% or 13,044 shares. Marble Harbor Inv Counsel Ltd Liability reported 98,707 shares. City Hldg holds 37,810 shares or 2.02% of its portfolio. Mark Sheptoff Fincl Planning Ltd Company holds 1.46% or 13,295 shares. Hayek Kallen Investment Mngmt has 46,116 shares.

Investors sentiment decreased to 0.89 in 2017 Q4. Its down 0.17, from 1.06 in 2017Q3. It fall, as 48 investors sold BG shares while 125 reduced holdings. 59 funds opened positions while 95 raised stakes. 107.71 million shares or 1.45% less from 109.29 million shares in 2017Q3 were reported. Daiwa Sb Limited reported 1,480 shares stake. Price T Rowe Assoc Md holds 12.07M shares. 301,649 are owned by Parametric Portfolio Assocs Lc. 429,744 are held by Fil Ltd. Wellington Management Grp Llp holds 0% of its portfolio in Bunge Limited (NYSE:BG) for 39,639 shares. Van Eck Assoc Corp accumulated 887,300 shares. Scopus Asset Mgmt LP reported 50,000 shares. Cibc Asset Management owns 0% invested in Bunge Limited (NYSE:BG) for 9,007 shares. 25,670 are owned by Bryn Mawr Tru Communication. Legal & General Grp Inc Plc reported 0.04% stake. Citigroup invested in 0.02% or 284,438 shares. Gam Ag, a Switzerland-based fund reported 172,101 shares. Panagora Asset Mngmt Inc reported 37,808 shares. Gould Asset Ltd Liability Corp Ca has 0.14% invested in Bunge Limited (NYSE:BG) for 4,900 shares. Greenwood Gearhart reported 1.2% in Bunge Limited (NYSE:BG).

Analysts await Bunge Limited (NYSE:BG) to report earnings on May, 2 before the open. They expect $0.30 earnings per share, down 14.29% or $0.05 from last year’s $0.35 per share. BG’s profit will be $42.27 million for 61.01 P/E if the $0.30 EPS becomes a reality. After $0.67 actual earnings per share reported by Bunge Limited for the previous quarter, Wall Street now forecasts -55.22% negative EPS growth.

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