Thursday, 31 May 2018

Woodstock Holding in Home Depot (HD) Lowered by $329,300; Apple (AAPL) Stock Rose While Cornerstone Investment Partners Has Lowered by $76.04 Million Its Position

The Home Depot, Inc. (NYSE:HD) Logo

Cornerstone Investment Partners Llc decreased its stake in Apple Inc. (AAPL) by 49.39% based on its latest 2018Q1 regulatory filing with the SEC. Cornerstone Investment Partners Llc sold 455,308 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 466,526 shares of the computer manufacturing company at the end of 2018Q1, valued at $78.27 million, down from 921,834 at the end of the previous reported quarter. Cornerstone Investment Partners Llc who had been investing in Apple 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 17.03 million 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.

Woodstock Corp decreased its stake in Home Depot Inc (HD) by 2.54% based on its latest 2018Q1 regulatory filing with the SEC. Woodstock Corp sold 1,850 shares as the company’s stock declined 0.85% with the market. The institutional investor held 71,014 shares of the consumer services company at the end of 2018Q1, valued at $12.66 million, down from 72,864 at the end of the previous reported quarter. Woodstock Corp who had been investing in Home Depot Inc for a number of months, seems to be less bullish one the $215.82B market cap company. The stock increased 1.70% or $3.12 during the last trading session, reaching $187.09. About 3.98M shares traded. The Home Depot, Inc. (NYSE:HD) has risen 19.42% since May 31, 2017 and is uptrending. It has outperformed by 6.85% the S&P500.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Pandora matches rivals with family subscription” on May 30, 2018, also Benzinga.com with their article: “Apple Reportedly Switching To All-OLED iPhone Lineup” published on May 29, 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: Nasdaq.com and their article: “Is Apple’s Mysterious “Star” a Hybrid Laptop or a Cheaper iPhone?” published on May 30, 2018 as well as Nasdaq.com‘s news article titled: “Wednesday Apple Rumors: Apple May Start Publishing Music” with publication date: May 30, 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 418 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Monday, August 17 by Zacks. The company was maintained on Friday, September 11 by FBR Capital. The firm has “Buy” rating given on Wednesday, April 27 by Brean Capital. The stock has “Outperform” rating by RBC Capital Markets on Thursday, January 7. Daiwa Securities downgraded Apple Inc. (NASDAQ:AAPL) on Tuesday, August 2 to “Outperform” rating. On Wednesday, April 27 the stock rating was maintained by Citigroup with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Tuesday, March 21 by Bernstein. On Tuesday, July 25 the stock rating was maintained by UBS with “Buy”. UBS maintained the stock with “Buy” rating in Friday, November 3 report. As per Monday, July 31, the company rating was maintained by UBS.

Since December 7, 2017, it had 0 insider buys, and 10 insider sales for $47.05 million activity. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) was sold by Maestri Luca on Thursday, April 12. AHRENDTS ANGELA J sold $6.75M worth of stock or 38,228 shares. 69,491 shares valued at $11.56 million were sold by SCHILLER PHILIP W on Tuesday, April 3. The insider KONDO CHRIS sold $910,129. WILLIAMS JEFFREY E had sold 15,653 shares worth $2.90 million. 35,000 Apple Inc. (NASDAQ:AAPL) shares with value of $6.51M were sold by LEVINSON ARTHUR D.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It turned negative, 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. Buckingham Asset Ltd holds 83,211 shares or 2.72% of its portfolio. Huntington Steele Ltd holds 0.32% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 7,362 shares. Planning Advsr Ltd Com has 36,372 shares. The Arizona-based Biltmore Wealth Mngmt Limited Liability Co has invested 0.78% in Apple Inc. (NASDAQ:AAPL). R G Niederhoffer Cap Mngmt stated it has 12,300 shares. Plante Moran Finance Ltd Liability Co reported 3.04% stake. First Pacific Ltd invested 0.02% of its portfolio in Apple Inc. (NASDAQ:AAPL). Envestnet Asset Mngmt owns 254,533 shares or 0.12% of their US portfolio. Coldstream Cap Management Inc stated it has 84,642 shares. Virginia Retirement Sys Et Al holds 3.04% or 1.50 million shares. Merriman Wealth Management Ltd Company owns 31,345 shares or 1.39% of their US portfolio. Caprock Gru reported 55,183 shares stake. Puzo Michael J reported 53,285 shares. Van Cleef Asset Managementinc holds 7.03% or 169,941 shares in its portfolio. 87,232 are held by Trust Department Mb Natl Bank N A.

Cornerstone Investment Partners Llc, which manages about $8.61B and $2.29B US Long portfolio, upped its stake in Accenture Plc (NYSE:ACN) by 269,775 shares to 286,337 shares, valued at $43.95 million in 2018Q1, according to the filing.

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 $10.76 billion for 21.40 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.

Among 36 analysts covering The Home Depot Inc. (NYSE:HD), 25 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. The Home Depot Inc. had 120 analyst reports since August 19, 2015 according to SRatingsIntel. BMO Capital Markets maintained The Home Depot, Inc. (NYSE:HD) on Thursday, February 22 with “Outperform” rating. The stock has “Buy” rating by RBC Capital Markets on Monday, October 30. RBC Capital Markets maintained it with “Buy” rating and $195.0 target in Thursday, December 7 report. The stock has “Buy” rating by Robert W. Baird on Wednesday, January 10. On Wednesday, February 22 the stock rating was maintained by RBC Capital Markets with “Outperform”. BMO Capital Markets maintained The Home Depot, Inc. (NYSE:HD) rating on Friday, December 15. BMO Capital Markets has “Buy” rating and $191.0 target. As per Tuesday, August 2, the company rating was reinitiated by Stifel Nicolaus. The rating was maintained by SEB Equity Research with “Sell” on Tuesday, August 25. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Tuesday, May 15 by Robert W. Baird. Robert W. Baird maintained The Home Depot, Inc. (NYSE:HD) on Friday, September 8 with “Buy” rating.

More notable recent The Home Depot, Inc. (NYSE:HD) news were published by: Benzinga.com which released: “How Lowe’s Earnings Stack Up To Home Depot” on May 23, 2018, also Fool.com with their article: “How Big of a Deal Is Lowe’s New CEO?” published on May 30, 2018, Seekingalpha.com published: “Home Depot Vs. Lowe’s” on May 30, 2018. More interesting news about The Home Depot, Inc. (NYSE:HD) were released by: Seekingalpha.com and their article: “Home Depot, Inc. (HD) Management Presents at RBC Capital Markets Consumer and Retail Conference (Transcript)” published on May 31, 2018 as well as Seekingalpha.com‘s news article titled: “Home Depot: With Expected 28% EPS Growth In FY18, Mr. Market Is Short-Sighted” with publication date: May 21, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.06, from 0.93 in 2017Q4. It worsened, as 72 investors sold HD shares while 666 reduced holdings. 116 funds opened positions while 523 raised stakes. 772.16 million shares or 2.08% less from 788.59 million shares in 2017Q4 were reported. Moody Bank Trust Division reported 18,313 shares stake. Rampart Invest Mgmt Llc owns 68,368 shares. Highland Management Ltd has invested 0.29% of its portfolio in The Home Depot, Inc. (NYSE:HD). Ferguson Wellman Cap Mgmt stated it has 247,079 shares. Beacon Financial Group stated it has 5,433 shares or 0.17% of all its holdings. 400 are owned by Wg Shaheen And Associate Dba Whitney And. Moreover, Field & Main Savings Bank has 2.42% invested in The Home Depot, Inc. (NYSE:HD) for 13,916 shares. Picton Mahoney Asset Mgmt invested 1.03% in The Home Depot, Inc. (NYSE:HD). Rothschild Cap Ltd Liability Com reported 3.15% of its portfolio in The Home Depot, Inc. (NYSE:HD). Montag A Assoc stated it has 74,622 shares. C M Bidwell & Assoc Ltd owns 0.04% invested in The Home Depot, Inc. (NYSE:HD) for 271 shares. Blair William & Il invested in 0.62% or 489,215 shares. Bailard invested 0.7% of its portfolio in The Home Depot, Inc. (NYSE:HD). Wealthfront Inc holds 49,259 shares or 0.09% of its portfolio. Fort Point Cap Ltd Com accumulated 5,866 shares.

Since December 7, 2017, it had 2 insider purchases, and 9 insider sales for $56.15 million activity. Roseborough Teresa Wynn also sold $3.21M worth of The Home Depot, Inc. (NYSE:HD) on Thursday, May 17. CODINA ARMANDO M had bought 6,650 shares worth $1.19M on Friday, March 2. 45,549 shares were sold by HOLIFIELD MARK, worth $8.51M. $7.02M worth of stock was sold by Campbell Ann Marie on Thursday, February 22. The insider Menear Craig A sold $20.89 million. BRENNEMAN GREGORY D bought $3.00 million worth of stock or 16,827 shares.

Woodstock Corp, which manages about $699.55 million and $528.86M US Long portfolio, upped its stake in Bristol (NYSE:BMY) by 7,880 shares to 50,680 shares, valued at $3.21 million in 2018Q1, according to the filing.

The Home Depot, Inc. (NYSE:HD) Institutional Positions Chart

The post Woodstock Holding in Home Depot (HD) Lowered by $329,300; Apple (AAPL) Stock Rose While Cornerstone Investment Partners Has Lowered by $76.04 Million Its Position appeared first on Stock Market News | HillCountryTimes | Get it Today.



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