Apple (AAPL) Shareholder Salient Trust Company Lta Upped Position by $324,940; Ensemble Capital Management Position in Landstar Sys (LSTR) Has Lowered by $1.19 Million as Share Price Declined

January 14, 2018 - By Michael Collier

Salient Trust Company Lta increased its stake in Apple Inc (AAPL) by 1.83% based on its latest 2017Q3 regulatory filing with the SEC. Salient Trust Company Lta bought 2,110 shares as the company’s stock rose 12.78% with the market. The institutional investor held 117,325 shares of the computer manufacturing company at the end of 2017Q3, valued at $18.08 million, up from 115,215 at the end of the previous reported quarter. Salient Trust Company Lta who had been investing in Apple Inc for a number of months, seems to be bullish on the $900.87 billion market cap company. 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 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Ensemble Capital Management Llc decreased its stake in Landstar Sys Inc (LSTR) by 3.96% based on its latest 2017Q3 regulatory filing with the SEC. Ensemble Capital Management Llc sold 12,039 shares as the company’s stock declined 6.13% while stock markets rallied. The institutional investor held 291,946 shares of the transportation company at the end of 2017Q3, valued at $29.09M, down from 303,985 at the end of the previous reported quarter. Ensemble Capital Management Llc who had been investing in Landstar Sys Inc for a number of months, seems to be less bullish one the $4.55 billion market cap company. The stock increased 0.51% or $0.55 during the last trading session, reaching $108.45. About 181,344 shares traded. Landstar System, Inc. (NASDAQ:LSTR) has risen 24.66% since January 14, 2017 and is uptrending. It has outperformed by 7.96% the S&P500.

Among 18 analysts covering Landstar System (NASDAQ:LSTR), 5 have Buy rating, 3 Sell and 10 Hold. Therefore 28% are positive. Landstar System had 59 analyst reports since August 20, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, October 23 with “Sector Perform”. On Thursday, October 5 the stock rating was maintained by Robert W. Baird with “Hold”. The stock of Landstar System, Inc. (NASDAQ:LSTR) earned “Market Perform” rating by William Blair on Wednesday, January 13. Cowen & Co maintained the shares of LSTR in report on Monday, August 28 with “Hold” rating. The company was upgraded on Wednesday, August 30 by Stephens. The company was downgraded on Friday, April 1 by Cowen & Co. Credit Suisse maintained the shares of LSTR in report on Wednesday, March 30 with “Neutral” rating. The firm has “Underweight” rating given on Tuesday, February 23 by Morgan Stanley. The stock of Landstar System, Inc. (NASDAQ:LSTR) has “Hold” rating given on Friday, February 10 by Stifel Nicolaus. The stock of Landstar System, Inc. (NASDAQ:LSTR) earned “Mkt Outperform” rating by Avondale on Friday, December 11.

Analysts await Landstar System, Inc. (NASDAQ:LSTR) to report earnings on February, 7. They expect $1.01 EPS, up 7.45% or $0.07 from last year’s $0.94 per share. LSTR’s profit will be $42.38M for 26.84 P/E if the $1.01 EPS becomes a reality. After $1.01 actual EPS reported by Landstar System, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 0.97 in 2017 Q3. Its down 0.39, from 1.36 in 2017Q2. It turned negative, as 25 investors sold LSTR shares while 99 reduced holdings. 42 funds opened positions while 78 raised stakes. 40.25 million shares or 0.59% less from 40.48 million shares in 2017Q2 were reported. Victory Mgmt Inc, Ohio-based fund reported 870,300 shares. Texas Permanent School Fund accumulated 30,607 shares. Crawford Investment Counsel Incorporated has 40,028 shares for 0.13% of their portfolio. Fny Managed Accounts Lc holds 0.03% or 228 shares. Capital One National Association reported 102,154 shares or 0.71% of all its holdings. Thrivent Fin For Lutherans owns 9,255 shares. Clarkston Capital Ltd Liability owns 650,788 shares. Stratos Wealth Ptnrs Limited accumulated 2,265 shares or 0.01% of the stock. Putnam Investments Lc stated it has 55,416 shares or 0.01% of all its holdings. Utah Retirement Sys stated it has 7,652 shares or 0.02% of all its holdings. Ny State Teachers Retirement System stated it has 74,634 shares. Goldman Sachs Grp Inc has 203,337 shares. Paloma Mngmt, Connecticut-based fund reported 27,700 shares. Brant Point Investment Mngmt Ltd Liability holds 0.46% or 44,700 shares in its portfolio. Retirement Sys Of Alabama invested 0.05% of its portfolio in Landstar System, Inc. (NASDAQ:LSTR).

Ensemble Capital Management Llc, which manages about $381.11M and $477.10M US Long portfolio, upped its stake in Nike Inc (NYSE:NKE) by 83,801 shares to 331,459 shares, valued at $17.19 million in 2017Q3, according to the filing. It also increased its holding in Ferrari N V by 92,320 shares in the quarter, for a total of 173,250 shares, and has risen its stake in First Rep Bk San Francisco C (NYSE:FRC).

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 344 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained the shares of AAPL in report on Wednesday, July 27 with “Buy” rating. Morgan Stanley upgraded the stock to “Buy” rating in Tuesday, June 13 report. Citigroup maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, April 27 with “Buy” rating. Rosenblatt upgraded Apple Inc. (NASDAQ:AAPL) rating on Friday, November 3. Rosenblatt has “Buy” rating and $180.0 target. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 2. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Monday, October 26 by Cowen & Co. The firm has “Buy” rating by Argus Research given on Wednesday, January 27. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Nomura on Wednesday, July 5. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Friday, September 11 by Cowen & Co. Barclays Capital maintained Apple Inc. (NASDAQ:AAPL) on Friday, November 3 with “Hold” rating.

Salient Trust Company Lta, which manages about $835.50M US Long portfolio, decreased its stake in Enterprise Prods Partners L (NYSE:EPD) by 12,604 shares to 831,721 shares, valued at $21.68 million in 2017Q3, according to the filing. It also reduced its holding in Chevron Corp New (NYSE:CVX) by 17,955 shares in the quarter, leaving it with 64,318 shares, and cut its stake in Coca Cola Co (NYSE:KO).

Since August 7, 2017, it had 0 insider purchases, and 12 insider sales for $93.68 million activity. 268,623 Apple Inc. (NASDAQ:AAPL) shares with value of $43.15M were sold by COOK TIMOTHY D. 15,641 Apple Inc. (NASDAQ:AAPL) shares with value of $2.73 million were sold by Riccio Daniel J.. The insider Srouji Johny sold $1.70 million. LEVINSON ARTHUR D sold $5.52M worth of stock. Shares for $5.00 million were sold by SEWELL D BRUCE on Monday, August 7. KONDO CHRIS sold $1.01M worth of stock or 6,209 shares.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>