As Qiwi Plc (QIWI) Shares Rose, Platinum Investment Management LTD Upped by $16.06 Million Its Stake; Barton Investment Management Position in Apple Computer (AAPL) Has Lowered by $632,095 as Stock Rose

May 31, 2018 - By Linda Rogers

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Barton Investment Management decreased its stake in Apple Computer Inc (AAPL) by 76.7% based on its latest 2018Q1 regulatory filing with the SEC. Barton Investment Management sold 3,785 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 1,150 shares of the computer manufacturing company at the end of 2018Q1, valued at $193,000, down from 4,935 at the end of the previous reported quarter. Barton Investment Management who had been investing in Apple Computer Inc for a number of months, seems to be less bullish one the $921.59B market cap company. The stock decreased 0.21% or $0.4 during the last trading session, reaching $187.5. About 17.03M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since May 31, 2017 and is uptrending. It has outperformed by 9.99% the S&P500.

Kerr Neilson increased its stake in Qiwi Plc (QIWI) by 58.57% based on its latest 2018Q1 regulatory filing with the SEC. Platinum Investment Management Ltd bought 845,182 shares as the company’s stock rose 3.22% while stock markets declined. The hedge fund run by Kerr Neilson held 2.29 million shares of the business services company at the end of 2018Q1, valued at $43.73 million, up from 1.44 million at the end of the previous reported quarter. Platinum Investment Management Ltd who had been investing in Qiwi Plc for a number of months, seems to be bullish on the $1.03 billion market cap company. The stock increased 0.06% or $0.01 during the last trading session, reaching $16.8. About 145,198 shares traded. Qiwi plc (NASDAQ:QIWI) has declined 24.22% since May 31, 2017 and is downtrending. It has underperformed by 36.79% the S&P500.

More notable recent Qiwi plc (NASDAQ:QIWI) news were published by: Nasdaq.com which released: “QIWI to Announce First Quarter 2018 Financial Results on May 23, 2018” on May 11, 2018, also Seekingalpha.com with their article: “QIWI Is 42% Overvalued” published on May 22, 2018, Benzinga.com published: “Benzinga’s Top Upgrades, Downgrades For May 29, 2018” on May 29, 2018. More interesting news about Qiwi plc (NASDAQ:QIWI) were released by: Nasdaq.com and their article: “QIWI Announces First Quarter 2018 Financial Results” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “QIWI plc (QIWI) CEO Sergey Solonin on Q1 2018 Results – Earnings Call Transcript” with publication date: May 23, 2018.

Platinum Investment Management Ltd, which manages about $22.00 billion and $3.59B US Long portfolio, decreased its stake in Peabody Energy Corp New by 393,100 shares to 3.39M shares, valued at $123.91M in 2018Q1, according to the filing. It also reduced its holding in Agios Pharmaceuticals Inc (NASDAQ:AGIO) by 5,600 shares in the quarter, leaving it with 30,200 shares, and cut its stake in Alphabet Inc.

Among 7 analysts covering QIWI (NASDAQ:QIWI), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. QIWI has $45 highest and $1400 lowest target. $20.20’s average target is 20.24% above currents $16.8 stock price. QIWI had 11 analyst reports since September 2, 2015 according to SRatingsIntel. The stock of Qiwi plc (NASDAQ:QIWI) earned “Neutral” rating by Citigroup on Wednesday, July 26. UBS downgraded Qiwi plc (NASDAQ:QIWI) on Wednesday, September 2 to “Neutral” rating. The rating was maintained by JP Morgan with “Overweight” on Thursday, September 3. The firm has “Sell” rating by Credit Suisse given on Monday, May 28. As per Thursday, February 4, the company rating was downgraded by William Blair. The firm has “Neutral” rating given on Thursday, October 29 by JP Morgan. The firm has “Buy” rating by VTB Capital given on Friday, August 18. The company was upgraded on Thursday, April 5 by UBS. The rating was maintained by JP Morgan on Tuesday, March 15 with “Neutral”. The company was maintained on Wednesday, September 2 by Susquehanna.

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 21.40 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.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Tuesday Apple Rumors: iOS 11.4 Launches Today” on May 29, 2018, also Seekingalpha.com with their article: “Trading Mistake 8 (Apple): Poor Profit-Taking” published on May 23, 2018, Nasdaq.com published: “Amazon.com, Inc. Stock Is the Best FANG Stock to Own Right Now” on May 30, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Pandora matches rivals with family subscription” published on May 30, 2018 as well as 247Wallst.com‘s news article titled: “Google Tops Apple as World’s Most Valuable Brand” with publication date: May 29, 2018.

Barton Investment Management, which manages about $298.36 million and $438.63 million US Long portfolio, upped its stake in Blackline Inc by 124,325 shares to 269,645 shares, valued at $10.57M in 2018Q1, according to the filing.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It worsened, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Ledyard Commercial Bank stated it has 148,832 shares. Credit Suisse Ag reported 8.68M shares stake. 172,733 are held by Columbia Prns L L C Mngmt. Amarillo Bancorporation, Texas-based fund reported 27,784 shares. Oakworth Capital accumulated 71,337 shares. Andra Ap reported 0.11% of its portfolio in Apple Inc. (NASDAQ:AAPL). Wedgewood accumulated 1.13 million shares or 8.73% of the stock. Waverton Invest owns 656,787 shares. Moreover, Bath Savings has 4.62% invested in Apple Inc. (NASDAQ:AAPL) for 110,133 shares. Exchange Cap Mgmt stated it has 41,217 shares or 2.17% of all its holdings. Catawba Mngmt Va holds 134,137 shares or 5.4% of its portfolio. Mount Vernon Associates Md invested 7.82% in Apple Inc. (NASDAQ:AAPL). Whitnell Com accumulated 29,407 shares. Grace White Ny has 2,607 shares for 0.09% of their portfolio. Moreover, Element Mngmt Ltd has 1.97% invested in Apple Inc. (NASDAQ:AAPL).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. has $235 highest and $11 lowest target. $175.57’s average target is -6.36% below currents $187.5 stock price. Apple Inc. had 418 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, June 12 by Citigroup. The firm earned “Buy” rating on Wednesday, April 27 by Macquarie Research. The firm earned “Outperform” rating on Monday, August 24 by FBR Capital. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Friday, September 11 by Cowen & Co. As per Wednesday, April 27, the company rating was maintained by Pacific Crest. The rating was maintained by Pacific Crest on Monday, March 7 with “Overweight”. On Wednesday, April 27 the stock rating was maintained by CLSA with “Buy”. On Friday, September 11 the stock rating was maintained by Raymond James with “Hold”. The rating was maintained by Drexel Hamilton on Friday, June 9 with “Buy”. The firm has “Buy” rating by Needham given on Friday, February 2.

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