Baker Boyer National Bank Lowered Apple (AAPL) Stake as Market Valuation Rose; As Leidos Hldgs (LDOS) Stock Value Declined, Lombard Odier Asset Management Switzerland Sa Trimmed Holding by $1.01 Million

June 23, 2018 - By Michael Collier

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Lombard Odier Asset Management Switzerland Sa decreased its stake in Leidos Hldgs Inc (LDOS) by 56.23% based on its latest 2018Q1 regulatory filing with the SEC. Lombard Odier Asset Management Switzerland Sa sold 15,564 shares as the company’s stock declined 9.25% with the market. The institutional investor held 12,117 shares of the technology company at the end of 2018Q1, valued at $792,000, down from 27,681 at the end of the previous reported quarter. Lombard Odier Asset Management Switzerland Sa who had been investing in Leidos Hldgs Inc for a number of months, seems to be less bullish one the $8.88B market cap company. The stock increased 1.00% or $0.58 during the last trading session, reaching $58.5. About 1.36 million shares traded or 37.85% up from the average. Leidos Holdings, Inc. (NYSE:LDOS) has risen 9.31% since June 23, 2017 and is uptrending. It has underperformed by 3.26% the S&P500. Some Historical LDOS News: 05/03/2018 MFS New Discovery Fund Adds CACI, Exits Leidos; 14/05/2018 – Forbes Names Leidos to its 2018 America’s Best Employers list; 03/05/2018 – Leidos Holdings Sees FY18 Adj EPS $4.15-Adj EPS $4.50; 15/05/2018 – Leidos Named ‘Best for Vets’ Employer by Military Times; 20/04/2018 – New home, but same worries, as NATO moves into glass and steel HQ; 03/05/2018 – Leidos Holdings 1Q Health Rev $425M; 22/05/2018 – Dyncorp launches dual-track review; 03/05/2018 – Leidos Holdings 1Q Adj EPS $1.03; 17/05/2018 – LEIDOS HOLDINGS INC – CONTRACT VALUE OF ABOUT $239.5 MLN IF ALL OPTIONS ARE EXERCISED; 30/04/2018 – Assenagon Adds Leidos, Exits Apple, Cuts Salesforce: 13F

Baker Boyer National Bank decreased its stake in Apple Inc (AAPL) by 36.92% based on its latest 2018Q1 regulatory filing with the SEC. Baker Boyer National Bank sold 11,664 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 19,927 shares of the computer manufacturing company at the end of 2018Q1, valued at $3.34 million, down from 31,591 at the end of the previous reported quarter. Baker Boyer National Bank who had been investing in Apple Inc for a number of months, seems to be less bullish one the $908.91B market cap company. The stock decreased 0.29% or $0.54 during the last trading session, reaching $184.92. About 15.09M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 23, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 27/03/2018 – AAPL: First bit of software news: Apple’s releasing new versions of its iWork apps w/ support for Apple Pencil #AppleEvent – ! $AAPL; 24/05/2018 – Samsung ordered to pay Apple nearly $540m in patent case; 09/03/2018 – APPLE INC. vs Saint Lawrence Communications, LLC | Terminated-Settled | 03/09/2018; 12/03/2018 – Apple buys Texture, a digital magazine subscription service; 13/03/2018 – The Daily Voice: Apple supplier Wistron secures land to build new site in southern India; 01/05/2018 – Apple’s massive cash pile shrank by $17.9B to $267.2B last quarter; 05/05/2018 – Warren Buffett Applauds Apple’s Share Buybacks — MarketWatch; 09/04/2018 – Apple announces new red iPhone 8 and iPhone 8 Plus; 23/05/2018 – Apple offers $50 credit for 2017 battery replacements; 30/05/2018 – The new plan allows Pandora to compete with rivals Apple Music and Spotify

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple: It’s The Process, Not The Outcome” on June 22, 2018, also Benzinga.com with their article: “The 4 Most Important Ways To Evaluate A Stock” published on June 21, 2018, Seekingalpha.com published: “How Microsoft Beat Apple (Capital Market Laboratories)” on June 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Google Vs. Apple: There Is A Clear Winner” published on June 22, 2018 as well as Nasdaq.com‘s news article titled: “Thursday Apple Rumors: AirPower May Finally Launch in September” with publication date: June 21, 2018.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, April 3 the stock rating was maintained by RBC Capital Markets with “Buy”. Nomura maintained it with “Buy” rating and $16500 target in Wednesday, July 5 report. The firm has “Buy” rating by FBN Securities given on Friday, November 3. PiperJaffray reinitiated Apple Inc. (NASDAQ:AAPL) on Friday, December 16 with “Overweight” rating. The rating was maintained by Bernstein with “Outperform” on Tuesday, March 21. Citigroup maintained the stock with “Buy” rating in Friday, September 30 report. Cowen & Co maintained it with “Market Perform” rating and $135 target in Monday, October 26 report. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, August 11. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, September 11 by Robert W. Baird. Canaccord Genuity maintained the shares of AAPL in report on Monday, September 21 with “Buy” rating.

Since January 5, 2018, it had 0 insider purchases, and 13 sales for $52.34 million activity. The insider SCHILLER PHILIP W sold 69,491 shares worth $11.56M. Riccio Daniel J. had sold 15,641 shares worth $2.73 million on Friday, January 5. WILLIAMS JEFFREY E had sold 15,653 shares worth $2.90M. Another trade for 4,867 shares valued at $910,129 was sold by KONDO CHRIS. Another trade for 35,000 shares valued at $6.51 million was made by LEVINSON ARTHUR D on Wednesday, May 9. $2.81M worth of Apple Inc. (NASDAQ:AAPL) was sold by Srouji Johny.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It dived, 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. Tower Rech Limited Liability Co (Trc) owns 145 shares for 0% of their portfolio. Founders Mgmt Limited Liability Co accumulated 5,447 shares. Hennessy Advsrs Inc reported 0.11% stake. Fincl Advisory Gp invested 0.79% of its portfolio in Apple Inc. (NASDAQ:AAPL). Grimes & accumulated 126,237 shares. Partnervest Advisory Services Limited Liability Corp holds 1.59% or 19,855 shares in its portfolio. Malaga Cove Cap Limited holds 0.17% or 1,933 shares. Rbo & Lc stated it has 69,380 shares. Univest Corp Of Pennsylvania holds 2.42% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 33,345 shares. Newfocus Fin Group Lc stated it has 8.17% in Apple Inc. (NASDAQ:AAPL). L & S Advisors reported 46,566 shares. Verity Asset Mgmt owns 14,370 shares for 2.2% of their portfolio. Blackrock Inc holds 2.57% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 320.27 million shares. Staley Capital Advisers Inc has invested 0.48% in Apple Inc. (NASDAQ:AAPL). American Services owns 28,937 shares or 1.72% of their US portfolio.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.11 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Another recent and important Leidos Holdings, Inc. (NYSE:LDOS) news was published by Bizjournals.com which published an article titled: “Leidos selling its commercial cyber arm to Capgemini” on June 07, 2018.

Analysts await Leidos Holdings, Inc. (NYSE:LDOS) to report earnings on August, 2. They expect $1.07 EPS, up 2.88% or $0.03 from last year’s $1.04 per share. LDOS’s profit will be $162.40M for 13.67 P/E if the $1.07 EPS becomes a reality. After $1.03 actual EPS reported by Leidos Holdings, Inc. for the previous quarter, Wall Street now forecasts 3.88% EPS growth.

Investors sentiment decreased to 1.2 in 2018 Q1. Its down 0.05, from 1.25 in 2017Q4. It dived, as 24 investors sold LDOS shares while 124 reduced holdings. 50 funds opened positions while 127 raised stakes. 104.87 million shares or 1.06% less from 105.99 million shares in 2017Q4 were reported. Fisher Asset Mngmt Lc holds 0% or 3,074 shares. James Inv Rech reported 48,943 shares stake. Century Cos reported 0.03% stake. Moreover, State Street Corp has 0.03% invested in Leidos Holdings, Inc. (NYSE:LDOS) for 4.58M shares. Piedmont Investment Advisors Ltd Liability Corporation invested in 0.04% or 23,896 shares. Lazard Asset Mgmt Llc has invested 0.02% of its portfolio in Leidos Holdings, Inc. (NYSE:LDOS). The Maine-based Schroder Inv Mngmt Gru has invested 0.19% in Leidos Holdings, Inc. (NYSE:LDOS). Dorsey Wright And Associates, a California-based fund reported 7,481 shares. Shelton Cap Mgmt has invested 0.04% in Leidos Holdings, Inc. (NYSE:LDOS). Highbridge Management Limited Liability Company holds 0.03% of its portfolio in Leidos Holdings, Inc. (NYSE:LDOS) for 30,659 shares. Massachusetts Finance Services Ma holds 0.04% or 1.56M shares. Us Bancorp De invested 0% of its portfolio in Leidos Holdings, Inc. (NYSE:LDOS). Capital Fund Mngmt has 161,361 shares. Hancock Hldg Communications has 14,448 shares. Texas Permanent School Fund holds 94,251 shares.

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