Aviance Capital Management Has Trimmed Its Apple (AAPL) Stake; Cbre Clarion Securities Cut Its Highwoods Properties (HIW) Position

January 13, 2018 - By Peter Erickson

Aviance Capital Management Llc decreased Apple Inc (AAPL) stake by 53.61% reported in 2017Q3 SEC filing. Aviance Capital Management Llc sold 17,406 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Aviance Capital Management Llc holds 15,061 shares with $2.32M value, down from 32,467 last quarter. Apple Inc now has $900.87B valuation. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 13, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Cbre Clarion Securities Llc decreased Highwoods Properties Inc. (HIW) stake by 28.32% reported in 2017Q3 SEC filing. Cbre Clarion Securities Llc sold 40,700 shares as Highwoods Properties Inc. (HIW)’s stock declined 1.10%. The Cbre Clarion Securities Llc holds 103,000 shares with $5.37 million value, down from 143,700 last quarter. Highwoods Properties Inc. now has $5.06B valuation. The stock decreased 0.85% or $0.41 during the last trading session, reaching $47.66. About 316,039 shares traded. Highwoods Properties, Inc. (NYSE:HIW) has risen 13.20% since January 13, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

Analysts await Highwoods Properties, Inc. (NYSE:HIW) to report earnings on February, 6. They expect $0.83 EPS, up 1.22% or $0.01 from last year’s $0.82 per share. HIW’s profit will be $88.05 million for 14.36 P/E if the $0.83 EPS becomes a reality. After $0.86 actual EPS reported by Highwoods Properties, Inc. for the previous quarter, Wall Street now forecasts -3.49% negative EPS growth.

Cbre Clarion Securities Llc increased A stake by 2.10 million shares to 3.34M valued at $85.14 million in 2017Q3. It also upped Cubesmart (NYSE:CUBE) stake by 1.52 million shares and now owns 7.85 million shares. Essex Property Trust Inc. (NYSE:ESS) was raised too.

Investors sentiment increased to 1.47 in Q3 2017. Its up 0.31, from 1.16 in 2017Q2. It improved, as 16 investors sold HIW shares while 67 reduced holdings. 23 funds opened positions while 99 raised stakes. 98.12 million shares or 2.29% less from 100.42 million shares in 2017Q2 were reported. Adams Diversified Equity Fund Inc invested in 0.05% or 18,100 shares. Kempen Mgmt Nv holds 0.17% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW) for 42,428 shares. Nuveen Asset Mgmt Lc holds 0.34% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW) for 1.00M shares. Fmr Ltd Liability Com accumulated 5.16M shares. 111,589 are owned by Citadel Advisors Limited Liability Corp. Millennium Management Ltd stated it has 0.08% in Highwoods Properties, Inc. (NYSE:HIW). Frontier Cap Management Limited Liability Corp has 0% invested in Highwoods Properties, Inc. (NYSE:HIW). Credit Agricole S A stated it has 54,717 shares or 0.01% of all its holdings. Mesirow Investment Management reported 24,510 shares. Louisiana State Employees Retirement Systems accumulated 0.07% or 27,600 shares. Advsr Asset Mgmt invested 0.01% in Highwoods Properties, Inc. (NYSE:HIW). Huntington Natl Bank holds 0% in Highwoods Properties, Inc. (NYSE:HIW) or 787 shares. First Quadrant Ltd Partnership Ca stated it has 0.4% in Highwoods Properties, Inc. (NYSE:HIW). Gemmer Asset Management Ltd Limited Liability Company stated it has 0% of its portfolio in Highwoods Properties, Inc. (NYSE:HIW). Amalgamated National Bank & Trust holds 19,414 shares or 0.03% of its portfolio.

Among 12 analysts covering Highwoods Properties (NYSE:HIW), 4 have Buy rating, 0 Sell and 8 Hold. Therefore 33% are positive. Highwoods Properties had 25 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies upgraded the stock to “Buy” rating in Monday, October 26 report. On Monday, November 6 the stock rating was downgraded by Edward Jones to “Hold”. The firm has “Buy” rating by Bank of America given on Tuesday, October 3. The stock of Highwoods Properties, Inc. (NYSE:HIW) has “Neutral” rating given on Friday, September 8 by Janney Capital. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, October 27. The stock of Highwoods Properties, Inc. (NYSE:HIW) earned “Hold” rating by SunTrust on Tuesday, October 24. Jefferies maintained Highwoods Properties, Inc. (NYSE:HIW) rating on Monday, September 18. Jefferies has “Hold” rating and $50.0 target. Robert W. Baird maintained Highwoods Properties, Inc. (NYSE:HIW) on Monday, January 8 with “Hold” rating. Robert W. Baird downgraded the shares of HIW in report on Thursday, January 7 to “Neutral” rating. On Monday, October 23 the stock rating was maintained by Jefferies with “Hold”.

Since December 11, 2017, it had 0 buys, and 1 sale for $51,700 activity. KELLETT SHERRY A sold $51,700 worth of stock or 1,000 shares.

Since August 7, 2017, it had 0 insider buys, and 12 selling transactions for $93.68 million activity. Srouji Johny also sold $948,612 worth of Apple Inc. (NASDAQ:AAPL) shares. The insider FEDERIGHI CRAIG sold 63,163 shares worth $9.98M. SEWELL D BRUCE sold $5.00M worth of Apple Inc. (NASDAQ:AAPL) on Monday, August 7. COOK TIMOTHY D sold 268,623 shares worth $43.15M. Another trade for 56,808 shares valued at $8.79M was made by SCHILLER PHILIP W on Tuesday, October 3. $5.52 million worth of stock was sold by LEVINSON ARTHUR D on Monday, August 7. Another trade for 15,642 shares valued at $2.42 million was made by Riccio Daniel J. on Thursday, October 5.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. 102,347 are held by Reilly Fincl Advsr Limited Liability Com. Braun Stacey Assoc stated it has 4.16% of its portfolio in Apple Inc. (NASDAQ:AAPL). 441,834 were reported by Cannell Peter B And Incorporated. Andra Ap owns 118,000 shares for 0.43% of their portfolio. Somerset Group Ltd Co owns 11,075 shares. Smith Salley Assocs reported 89,856 shares. Conning, Connecticut-based fund reported 168,893 shares. Profit Mgmt Lc holds 14,303 shares or 1.92% of its portfolio. Goelzer Investment Management Incorporated reported 100,417 shares. Associated Banc has invested 3.19% of its portfolio in Apple Inc. (NASDAQ:AAPL). Riggs Asset Managment has 35,827 shares. Harding Loevner LP reported 1.3% of its portfolio in Apple Inc. (NASDAQ:AAPL). Polen Cap Limited Liability holds 10,439 shares. Professional Advisory Svcs holds 1,412 shares. Bkd Wealth owns 49,370 shares.

Aviance Capital Management Llc increased Sanofi (NYSE:SNY) stake by 15,026 shares to 15,131 valued at $753,000 in 2017Q3. It also upped Royal Dutch Shell Plc stake by 177,399 shares and now owns 419,404 shares. Qualcomm Inc (NASDAQ:QCOM) was raised too.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 EPS, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08 billion for 11.81 P/E if the $3.75 EPS becomes a reality. After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

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