Canadian Pacific Railway Limit (CP) Shareholder Hansberger Growth Investors LP Has Trimmed Holding by $417,144 as Market Valuation Declined; Raymond James Trust Increased Its Apple (AAPL) Position by $712,673; Market Value Declined

May 22, 2018 - By Hugh Holland

Canadian Pacific Railway Limited (NYSE:CP) Logo

Hansberger Growth Investors Lp decreased its stake in Canadian Pacific Railway Limit (CP) by 4.56% based on its latest 2017Q4 regulatory filing with the SEC. Hansberger Growth Investors Lp sold 2,292 shares as the company’s stock declined 4.52% with the market. The institutional investor held 47,961 shares of the railroads company at the end of 2017Q4, valued at $8.77 million, down from 50,253 at the end of the previous reported quarter. Hansberger Growth Investors Lp who had been investing in Canadian Pacific Railway Limit for a number of months, seems to be less bullish one the $26.46 billion market cap company. The stock increased 0.15% or $0.27 during the last trading session, reaching $183.82. About 179,393 shares traded. Canadian Pacific Railway Limited (NYSE:CP) has risen 19.42% since May 22, 2017 and is uptrending. It has outperformed by 7.87% the S&P500.

Raymond James Trust increased its stake in Apple Inc (AAPL) by 1.97% based on its latest 2017Q4 regulatory filing with the SEC. Raymond James Trust bought 4,217 shares as the company’s stock declined 3.81% with the market. The institutional investor held 218,561 shares of the computer manufacturing company at the end of 2017Q4, valued at $36.99 million, up from 214,344 at the end of the previous reported quarter. Raymond James Trust who had been investing in Apple Inc for a number of months, seems to be bullish on the $920.66 billion market cap company. The stock decreased 0.17% or $0.32 during the last trading session, reaching $187.31. About 7.37 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 22, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Thursday’s Vital Data: Facebook, Inc. (FB), Apple Inc. (AAPL) and Alibaba Group Holding Ltd (BABA)” on May 17, 2018, also Fool.com with their article: “Why Buffett Keeps Buying Apple” published on May 19, 2018, Seekingalpha.com published: “Tim Cook comments on Trump meeting” on May 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Look Here for Safe High-Yield Investments and Guaranteed Returns” published on May 21, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: With Enemies Like These, Who Needs Friends?” with publication date: May 17, 2018.

Raymond James Trust, which manages about $1.49 billion US Long portfolio, decreased its stake in Abbott Laboratories (NYSE:ABT) by 11,926 shares to 166,745 shares, valued at $9.52 million in 2017Q4, according to the filing. It also reduced its holding in General Electric (NYSE:GE) by 30,803 shares in the quarter, leaving it with 414,679 shares, and cut its stake in Procter & Gamble Co (NYSE:PG).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 414 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Hold” rating given on Tuesday, August 1 by Mizuho. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, August 2 report. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, October 27 by Drexel Hamilton. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Monday, March 5. RBC Capital Markets has “Buy” rating and $205.0 target. The stock of Apple Inc. (NASDAQ:AAPL) has “Outperform” rating given on Monday, January 11 by Oppenheimer. As per Wednesday, May 2, the company rating was maintained by Monness. UBS maintained the shares of AAPL in report on Wednesday, December 16 with “Buy” rating. On Tuesday, August 25 the stock rating was maintained by Cowen & Co with “Market Perform”. Macquarie Research maintained the stock with “Buy” rating in Monday, June 12 report. The firm has “Outperform” rating given on Wednesday, October 26 by Credit Suisse.

Since December 7, 2017, it had 0 insider purchases, and 8 insider sales for $42.88 million activity. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) was sold by Maestri Luca on Thursday, April 12. SCHILLER PHILIP W had sold 69,491 shares worth $11.56M on Tuesday, April 3. The insider Riccio Daniel J. sold $2.73M. $2.90 million worth of Apple Inc. (NASDAQ:AAPL) was sold by WILLIAMS JEFFREY E on Tuesday, May 8. LEVINSON ARTHUR D had sold 35,000 shares worth $6.51 million on Wednesday, May 9.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It increased, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Fca Corp Tx invested in 0.28% or 4,128 shares. Maryland Cap Mngmt stated it has 3.81% in Apple Inc. (NASDAQ:AAPL). Omers Administration holds 383,672 shares. American Tru Invest Advsrs Limited Liability Corporation owns 41,728 shares. Spectrum Asset Mngmt Inc (Nb Ca) holds 0.31% or 2,437 shares in its portfolio. Barry Investment Advisors Limited Liability owns 6,836 shares. Lafleur And Godfrey Ltd Liability accumulated 171,641 shares. Focused Wealth Management owns 25,687 shares for 1.39% of their portfolio. Massachusetts-based Highvista Strategies Limited Liability has invested 0.84% in Apple Inc. (NASDAQ:AAPL). Forte Limited Com Adv holds 4.54% in Apple Inc. (NASDAQ:AAPL) or 89,996 shares. 4,791 were accumulated by Groesbeck Management Nj. Synovus Fincl Corp stated it has 1.13% in Apple Inc. (NASDAQ:AAPL). Moreover, Cidel Asset has 0.03% invested in Apple Inc. (NASDAQ:AAPL) for 4,818 shares. Aqr Cap Mgmt Limited invested in 7.64M shares or 1.36% of the stock. Hendley invested 4.77% of its portfolio in Apple Inc. (NASDAQ:AAPL).

Analysts await Canadian Pacific Railway Limited (NYSE:CP) to report earnings on July, 18. They expect $2.47 earnings per share, up 19.90% or $0.41 from last year’s $2.06 per share. CP’s profit will be $355.58M for 18.61 P/E if the $2.47 EPS becomes a reality. After $2.13 actual earnings per share reported by Canadian Pacific Railway Limited for the previous quarter, Wall Street now forecasts 15.96% EPS growth.

More notable recent Canadian Pacific Railway Limited (NYSE:CP) news were published by: Prnewswire.com which released: “CIRB sets new dates for TCRC-Train & Engine and IBEW ratification vote” on May 16, 2018, also Seekingalpha.com with their article: “Canadian Pacific Railway (CP) Investor Presentation – Slideshow” published on May 11, 2018, Prnewswire.com published: “Railroads Stocks on Investors’ Radar — Canadian Pacific Railway, Greenbrier, Trinity Industries, and Union Pacific” on May 08, 2018. More interesting news about Canadian Pacific Railway Limited (NYSE:CP) were released by: Prnewswire.com and their article: “CP increases dividend by 15.5% and completes normal course issuer bid” published on May 10, 2018 as well as Finance.Yahoo.com‘s news article titled: “5 Notable Dividend Increases From the Past Week — Including Phillips 66” with publication date: May 15, 2018.

Among 28 analysts covering Canadian Pacific (NYSE:CP), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. Canadian Pacific had 74 analyst reports since September 30, 2015 according to SRatingsIntel. The rating was maintained by Argus Research with “Buy” on Thursday, October 19. On Friday, October 2 the stock rating was maintained by Citigroup with “Buy”. The firm earned “Buy” rating on Friday, September 29 by Cowen & Co. As per Friday, February 19, the company rating was maintained by Credit Suisse. The stock has “Hold” rating by Loop Capital on Friday, April 21. Citigroup maintained the shares of CP in report on Tuesday, September 13 with “Buy” rating. Loop Capital upgraded Canadian Pacific Railway Limited (NYSE:CP) on Thursday, August 24 to “Buy” rating. The firm has “Overweight” rating by JP Morgan given on Thursday, October 12. The firm has “Outperform” rating given on Wednesday, October 21 by Cowen & Co. The company was maintained on Thursday, July 20 by Bank of America.

Hansberger Growth Investors Lp, which manages about $2.32B and $75.44M US Long portfolio, upped its stake in Credit Suisse Group Ag (NYSE:CS) by 48,923 shares to 196,611 shares, valued at $3.51 million in 2017Q4, according to the filing.

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