Nexus Investment Management Continues to Hold Holding in Bce (BCE); As Apple Com (AAPL) Share Value Declined, Holder Piedmont Investment Advisors Has Decreased Its Position by $3.45 Million

May 22, 2018 - By Ruchi Gupta

BCE Inc. (NYSE:BCE) Logo

Piedmont Investment Advisors Llc decreased its stake in Apple Inc Com (AAPL) by 1.57% based on its latest 2017Q4 regulatory filing with the SEC. Piedmont Investment Advisors Llc sold 20,399 shares as the company’s stock declined 3.81% with the market. The institutional investor held 1.28M shares of the computer manufacturing company at the end of 2017Q4, valued at $215.93 million, down from 1.30 million at the end of the previous reported quarter. Piedmont Investment Advisors Llc who had been investing in Apple Inc Com for a number of months, seems to be less bullish one the $922.23B market cap company. The stock increased 0.71% or $1.32 during the last trading session, reaching $187.63. About 16.71M 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.

Nexus Investment Management Inc increased its stake in Bce Inc (BCE) by 12.89% based on its latest 2017Q4 regulatory filing with the SEC. Nexus Investment Management Inc bought 8,289 shares as the company’s stock declined 10.41% with the market. The institutional investor held 72,591 shares of the public utilities company at the end of 2017Q4, valued at $3.50M, up from 64,302 at the end of the previous reported quarter. Nexus Investment Management Inc who had been investing in Bce Inc for a number of months, seems to be bullish on the $37.77 billion market cap company. The stock increased 0.26% or $0.11 during the last trading session, reaching $42.27. About 356,814 shares traded. BCE Inc. (NYSE:BCE) has declined 3.54% since May 22, 2017 and is downtrending. It has underperformed by 15.09% the S&P500.

Investors sentiment increased to 0.73 in 2017 Q4. Its up 0.03, from 0.7 in 2017Q3. It is positive, 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. Sei Invests Communications has 1.69 million shares for 0.96% of their portfolio. Hanseatic Mngmt Serv holds 5.21% in Apple Inc. (NASDAQ:AAPL) or 30,557 shares. Delphi Mngmt Ma holds 3.51% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 36,411 shares. 2,946 were accumulated by Oberweis Asset Management Inc. Bourgeon Capital Mgmt stated it has 35,961 shares or 3.33% of all its holdings. Provident Trust owns 3,261 shares. Cap Planning Advisors Limited Co holds 2.15% or 36,193 shares in its portfolio. Cetera Advisor Netwr Limited Com, a California-based fund reported 279,677 shares. Edmp reported 41,672 shares. Jennison Assoc Limited Com holds 4.19% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 25.07M shares. Sns Fin Grp stated it has 80,020 shares. 559,393 are held by Loomis Sayles And Co Limited Partnership. Kcm Investment Advisors Limited Company holds 250,201 shares or 2.48% of its portfolio. The Massachusetts-based Ballentine Ltd Liability has invested 0.75% in Apple Inc. (NASDAQ:AAPL). 177,264 were accumulated by Advsr Ok.

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 $10.76B for 21.42 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.

Since December 7, 2017, it had 0 insider purchases, and 8 insider sales for $42.88 million activity. Shares for $6.75 million were sold by AHRENDTS ANGELA J. $6.51M worth of stock was sold by LEVINSON ARTHUR D on Wednesday, May 9. SCHILLER PHILIP W had sold 69,491 shares worth $11.56 million on Tuesday, April 3. 39,122 shares valued at $6.83 million were sold by Maestri Luca on Thursday, April 12. 15,653 shares valued at $2.90M were sold by WILLIAMS JEFFREY E on Tuesday, May 8.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple’s Dividend: An Opportunity Wasted” on May 15, 2018, also Nasdaq.com with their article: “Alphabet Inc Prepares to Launch YouTube Music” published on May 21, 2018, Nasdaq.com published: “Monday Apple Rumors: Beats Line May Get Its Own HomePod” on May 21, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: With Enemies Like These, Who Needs Friends?” published on May 17, 2018 as well as Seekingalpha.com‘s news article titled: “Microsoft 3.0: A Turnaround That Looks Real” with publication date: May 22, 2018.

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) earned “Buy” rating by UBS on Friday, February 2. The rating was maintained by Mizuho on Friday, July 21 with “Hold”. S&P Research maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, July 21. S&P Research has “Hold” rating and $150 target. The company was maintained on Friday, September 11 by JP Morgan. As per Thursday, January 18, the company rating was maintained by Guggenheim. Canaccord Genuity maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, January 23 with “Buy” rating. The firm has “Buy” rating given on Friday, September 16 by Canaccord Genuity. The firm has “Buy” rating given on Wednesday, September 9 by Rosenblatt. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Thursday, September 15 by BTIG Research. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Friday, April 20 by Canaccord Genuity.

Piedmont Investment Advisors Llc, which manages about $2.73 billion and $4.97B US Long portfolio, upped its stake in Agnc Invt Corp Com by 64,099 shares to 96,849 shares, valued at $1.96 million in 2017Q4, according to the filing. It also increased its holding in Paycom Software Inc (NYSE:PAYC) by 14,923 shares in the quarter, for a total of 24,898 shares, and has risen its stake in Universal Fst Prods Inc Com (NASDAQ:UFPI).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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