Haverford Trust Company Trimmed Its Apple (AAPL) Stake as Market Value Rose; As New Mountain Finance (NMFC) Shares Declined, Round Table Services Boosted by $638,792 Its Position

January 14, 2018 - By Marguerite Chambers

Haverford Trust Company decreased its stake in Apple Inc (AAPL) by 11.94% based on its latest 2017Q3 regulatory filing with the SEC. Haverford Trust Company sold 127,656 shares as the company’s stock rose 12.78% with the market. The institutional investor held 941,796 shares of the computer manufacturing company at the end of 2017Q3, valued at $145.15 million, down from 1.07 million at the end of the previous reported quarter. Haverford Trust Company who had been investing in Apple Inc for a number of months, seems to be less bullish one the $900.87B 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.

Round Table Services Llc increased its stake in New Mountain Finance Corporation (NMFC) by 3.51% based on its latest 2017Q3 regulatory filing with the SEC. Round Table Services Llc bought 45,628 shares as the company’s stock declined 2.69% while stock markets rallied. The institutional investor held 1.35M shares of the company at the end of 2017Q3, valued at $19.18 million, up from 1.30M at the end of the previous reported quarter. Round Table Services Llc who had been investing in New Mountain Finance Corporation for a number of months, seems to be bullish on the $1.02B market cap company. It closed at $13.5 lastly. It is down 17.77% since January 14, 2017 and is uptrending. It has outperformed by 1.07% the S&P500.

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. Mizuho maintained Apple Inc. (NASDAQ:AAPL) on Monday, February 27 with “Buy” rating. The company was maintained on Thursday, July 6 by Canaccord Genuity. On Wednesday, July 27 the stock rating was maintained by BTIG Research with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Thursday, September 22 by RBC Capital Markets. The rating was maintained by Citigroup on Wednesday, April 27 with “Buy”. The firm earned “Buy” rating on Wednesday, August 2 by Citigroup. The rating was maintained by Cowen & Co on Friday, October 21 with “Outperform”. BMO Capital Markets maintained the shares of AAPL in report on Wednesday, July 27 with “Outperform” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, September 11. On Friday, August 7 the stock rating was maintained by Robert W. Baird with “Buy”.

Haverford Trust Company, which manages about $4.79B US Long portfolio, upped its stake in Honeywell International Inc. (NYSE:HON) by 3,235 shares to 19,673 shares, valued at $2.79M in 2017Q3, according to the filing. It also increased its holding in Disney Walt Productions (NYSE:DIS) by 16,907 shares in the quarter, for a total of 920,139 shares, and has risen its stake in Ishares Barclays 7 (IEF).

Since August 7, 2017, it had 0 buys, and 12 selling transactions for $93.68 million activity. 63,388 Apple Inc. (NASDAQ:AAPL) shares with value of $9.78M were sold by AHRENDTS ANGELA J. $5.00M worth of stock was sold by SEWELL D BRUCE on Monday, August 7. 63,163 shares were sold by FEDERIGHI CRAIG, worth $9.98M on Monday, August 7. $8.79M worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W on Tuesday, October 3. $5.52M worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D on Monday, August 7. COOK TIMOTHY D sold $43.15M worth of Apple Inc. (NASDAQ:AAPL) on Thursday, August 24.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It is positive, 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. Moreover, Evergreen Capital Lc has 1.95% invested in Apple Inc. (NASDAQ:AAPL) for 108,043 shares. Hayek Kallen Inv Mgmt has invested 4.95% in Apple Inc. (NASDAQ:AAPL). Cypress Asset Tx has 108,575 shares for 3.6% of their portfolio. Yorktown And stated it has 10,600 shares or 0.43% of all its holdings. Interocean Ltd Liability Corp has 3.82% invested in Apple Inc. (NASDAQ:AAPL) for 166,399 shares. Utah Retirement System reported 958,095 shares. Balyasny Asset Mngmt Limited Co, a Illinois-based fund reported 1.21 million shares. Tompkins Financial Corporation stated it has 2.37% of its portfolio in Apple Inc. (NASDAQ:AAPL). Morgan Stanley has invested 1.64% of its portfolio in Apple Inc. (NASDAQ:AAPL). Geode Cap Mngmt Ltd Llc reported 55.09M shares. 5,028 are held by United American Securities (D B A Uas Asset Management). Cohen Capital Management Inc holds 0.09% or 2,408 shares. Delphi Ma stated it has 3.16% in Apple Inc. (NASDAQ:AAPL). Thompson Siegel & Walmsley Limited Liability reported 141,332 shares. Bamco Incorporated New York owns 45,877 shares for 0.03% of their portfolio.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, 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 earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Since December 15, 2017, it had 1 insider buy, and 0 insider sales for $41,790 activity.

Round Table Services Llc, which manages about $845.52 million and $280.08 million US Long portfolio, decreased its stake in The Jpmorgan Mlp Index Etn (AMJ) by 119,733 shares to 761,223 shares, valued at $21.48M in 2017Q3, according to the filing. It also reduced its holding in Ishares U.S. Financial Services Etf (IYG) by 5,133 shares in the quarter, leaving it with 61,355 shares, and cut its stake in Vanguard Ftse Developed Markets (VEA).

Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.35, from 1.42 in 2017Q2. It dived, as 7 investors sold NMFC shares while 36 reduced holdings. 9 funds opened positions while 37 raised stakes. 28.12 million shares or 2.72% less from 28.90 million shares in 2017Q2 were reported. Brown Advisory Incorporated holds 0% in New Mountain Finance Corporation (NYSE:NMFC) or 10,000 shares. 6.60M were reported by Wells Fargo Mn. 1,300 are held by Us Bank De. Stifel Finance holds 10,449 shares or 0% of its portfolio. Rothschild Invest Il stated it has 0.06% of its portfolio in New Mountain Finance Corporation (NYSE:NMFC). Telemus Cap Limited Liability owns 0.16% invested in New Mountain Finance Corporation (NYSE:NMFC) for 70,000 shares. Palisade Capital Management Limited Liability Corp Nj holds 0.31% or 616,678 shares. Product Ptnrs Ltd Company holds 33,301 shares or 0.02% of its portfolio. Royal Fincl Bank Of Canada holds 0% or 373,815 shares. Cap Ltd reported 642,840 shares or 0.74% of all its holdings. Sumitomo Mitsui Asset Management Ltd holds 0.13% or 572,991 shares. Dekabank Deutsche Girozentrale owns 10,000 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Invest Corp invested in 75,310 shares. Benjamin F Edwards Com owns 2,839 shares or 0% of their US portfolio. West Family reported 0.5% in New Mountain Finance Corporation (NYSE:NMFC).

Among 5 analysts covering New Mountain Finance (NYSE:NMFC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. New Mountain Finance had 8 analyst reports since January 20, 2016 according to SRatingsIntel. Keefe Bruyette & Woods maintained New Mountain Finance Corporation (NYSE:NMFC) rating on Sunday, July 23. Keefe Bruyette & Woods has “Hold” rating and $1500 target. The stock has “Buy” rating by Oppenheimer on Wednesday, August 9. The stock of New Mountain Finance Corporation (NYSE:NMFC) has “Neutral” rating given on Wednesday, April 27 by Janney Capital. Keefe Bruyette & Woods maintained it with “Hold” rating and $15.0 target in Thursday, October 5 report. The stock has “Neutral” rating by Robert W. Baird on Thursday, July 14. The firm earned “Outperform” rating on Wednesday, January 20 by Robert W. Baird. The stock of New Mountain Finance Corporation (NYSE:NMFC) has “Market Perform” rating given on Monday, March 7 by Wood. Keefe Bruyette & Woods maintained New Mountain Finance Corporation (NYSE:NMFC) on Wednesday, May 31 with “Hold” rating.

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