Messner & Smith Theme Value Investment Management LTD Maintains Holding in Tronox LTD Shs Cl A (TROX); Bank Of The West Cut Its Apple (AAPL) Stake by $777,062 as Market Valuation Declined

May 19, 2018 - By Marguerite Chambers

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Messner & Smith Theme Value Investment Management Ltd increased its stake in Tronox Ltd Shs Cl A (TROX) by 219.74% based on its latest 2017Q4 regulatory filing with the SEC. Messner & Smith Theme Value Investment Management Ltd bought 29,970 shares as the company’s stock declined 9.62% with the market. The institutional investor held 43,609 shares of the major chemicals company at the end of 2017Q4, valued at $895,000, up from 13,639 at the end of the previous reported quarter. Messner & Smith Theme Value Investment Management Ltd who had been investing in Tronox Ltd Shs Cl A for a number of months, seems to be bullish on the $2.25B market cap company. The stock decreased 0.78% or $0.15 during the last trading session, reaching $18.4. About 1.37 million shares traded or 29.77% up from the average. Tronox Limited (NYSE:TROX) has risen 9.88% since May 19, 2017 and is uptrending. It has underperformed by 1.67% the S&P500.

Bank Of The West decreased its stake in Apple Inc (AAPL) by 2.19% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of The West sold 4,598 shares as the company’s stock declined 3.81% with the market. The institutional investor held 205,098 shares of the computer manufacturing company at the end of 2017Q4, valued at $34.71 million, down from 209,696 at the end of the previous reported quarter. Bank Of The West who had been investing in Apple Inc for a number of months, seems to be less bullish one the $915.74 billion market cap company. The stock decreased 0.36% or $0.68 during the last trading session, reaching $186.31. About 16.17M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 19, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

More news for Tronox Limited (NYSE:TROX) were recently published by: Streetinsider.com, which released: “Tronox (TROX) Reports Option Agreement to Purchase Majority of Advanced Metal Industries Co. Jazan Slagger …” on May 10, 2018. Seekingalpha.com‘s article titled: “Tronox’s (TROX) CEO Jeff Quinn on Q1 2018 Results – Earnings Call Transcript” and published on May 14, 2018 is yet another important article.

Among 10 analysts covering Tronox (NYSE:TROX), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Tronox had 23 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Sell” rating by UBS on Thursday, August 4. B. Riley & Co downgraded Tronox Limited (NYSE:TROX) on Thursday, August 6 to “Neutral” rating. Barclays Capital maintained the shares of TROX in report on Monday, March 12 with “Overweight” rating. On Thursday, August 13 the stock rating was maintained by RBC Capital Markets with “Outperform”. The rating was maintained by Alembic with “Buy” on Monday, June 5. The stock of Tronox Limited (NYSE:TROX) earned “Sell” rating by UBS on Thursday, November 9. The stock of Tronox Limited (NYSE:TROX) earned “Buy” rating by Wells Fargo on Wednesday, February 7. The stock has “Buy” rating by Barclays Capital on Thursday, December 14. UBS maintained the shares of TROX in report on Friday, March 2 with “Sell” rating. The firm has “Buy” rating given on Thursday, March 1 by Alembic.

Investors sentiment increased to 2.06 in Q4 2017. Its up 0.92, from 1.14 in 2017Q3. It improved, as 19 investors sold TROX shares while 35 reduced holdings. 47 funds opened positions while 64 raised stakes. 81.33 million shares or 29.62% more from 62.74 million shares in 2017Q3 were reported. Tiaa Cref Mngmt Ltd owns 8.49 million shares for 0.11% of their portfolio. Eagle Boston Invest Mngmt has invested 0.09% in Tronox Limited (NYSE:TROX). First Mercantile Co holds 0.05% or 12,309 shares in its portfolio. Quantbot Tech Ltd Partnership reported 36,917 shares. Bogle Mngmt LP De reported 0.95% of its portfolio in Tronox Limited (NYSE:TROX). 25,022 are held by Jane Street Limited. Frontier Capital Mgmt Co Ltd Limited Liability Company invested in 1.48 million shares. Raymond James Assocs invested 0% of its portfolio in Tronox Limited (NYSE:TROX). State Board Of Administration Of Florida Retirement Systems owns 31,800 shares or 0% of their US portfolio. Strs Ohio reported 55,300 shares or 0% of all its holdings. Panagora Asset Mngmt owns 16,755 shares for 0% of their portfolio. Hanseatic Svcs reported 0% stake. Century Companies invested in 74,994 shares. Royal Fincl Bank Of Canada invested in 0% or 305 shares. Susquehanna Ltd Liability Partnership has invested 0% in Tronox Limited (NYSE:TROX).

Messner & Smith Theme Value Investment Management Ltd, which manages about $105.74 million and $62.75M US Long portfolio, decreased its stake in Contango Oil & Gas Company Com (NYSEMKT:MCF) by 102,143 shares to 204,405 shares, valued at $963,000 in 2017Q4, according to the filing. It also reduced its holding in Ensco Plc Shs Class A (NYSE:ESV) by 176,052 shares in the quarter, leaving it with 222,766 shares, and cut its stake in Apache Corp Com (NYSE:APA).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.27 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. has $235 highest and $11 lowest target. $175.39’s average target is -5.86% below currents $186.31 stock price. Apple Inc. had 414 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by BTIG Research given on Wednesday, July 27. As per Friday, June 2, the company rating was maintained by Drexel Hamilton. The firm earned “Equal Weight” rating on Friday, September 11 by Pacific Crest. On Friday, August 7 the stock rating was maintained by Robert W. Baird with “Buy”. The company was maintained on Tuesday, July 25 by Credit Suisse. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, April 24 by UBS. Maxim Group maintained the shares of AAPL in report on Friday, February 2 with “Buy” rating. Morgan Stanley maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, October 28 with “Overweight” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Stifel Nicolaus on Wednesday, January 27. Mizuho maintained the shares of AAPL in report on Monday, February 27 with “Buy” rating.

Since December 7, 2017, it had 0 insider buys, and 8 sales for $42.88 million activity. SCHILLER PHILIP W sold $11.56M worth of stock. On Wednesday, April 4 Riccio Daniel J. sold $2.94M worth of Apple Inc. (NASDAQ:AAPL) or 17,375 shares. $6.51M worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D. 15,653 shares were sold by WILLIAMS JEFFREY E, worth $2.90 million on Tuesday, May 8. Maestri Luca also sold $6.83 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, April 12.

Bank Of The West, which manages about $798.51 million US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 1,381 shares to 2,184 shares, valued at $797,000 in 2017Q4, according to the filing. It also increased its holding in American Tower Corp New (NYSE:AMT) by 3,567 shares in the quarter, for a total of 71,801 shares, and has risen its stake in Spdr Gold Trust (GLD).

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It is positive, 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. New York-based Salzhauer Michael has invested 0.11% in Apple Inc. (NASDAQ:AAPL). Emory University reported 1,359 shares. Inspirion Wealth Advisors Ltd Liability stated it has 1.14% in Apple Inc. (NASDAQ:AAPL). Numeric Investors Lc holds 525,067 shares or 0.65% of its portfolio. Beck Capital Management has 1.85% invested in Apple Inc. (NASDAQ:AAPL) for 24,791 shares. Cap Mgmt Assoc New York reported 2.1% of its portfolio in Apple Inc. (NASDAQ:AAPL). Cutter And Co Brokerage reported 11,685 shares stake. F&V Capital Management Limited Liability invested in 0.66% or 7,472 shares. Dekabank Deutsche Girozentrale reported 2.67% of its portfolio in Apple Inc. (NASDAQ:AAPL). Fenimore Asset Management Inc reported 4,621 shares. Lehman Resource owns 9,039 shares for 0.79% of their portfolio. Cwm Llc has 75,219 shares. Spectrum Asset Management (Nb Ca) has 2,437 shares for 0.31% of their portfolio. Magnetar Limited Liability Com has invested 0.03% of its portfolio in Apple Inc. (NASDAQ:AAPL). United Kingdom-based Lombard Odier Asset (Europe) has invested 0.59% in Apple Inc. (NASDAQ:AAPL).

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