Sigma Planning Trimmed Apple (AAPL) Position By $1.95 Million; 1 Analysts Are Bullish Piper Jaffray Companies (PJC) Last Week

May 27, 2018 - By Ash

Piper Jaffray Companies (NYSE:PJC) Logo

Sigma Planning Corp decreased Apple Inc (AAPL) stake by 7% reported in 2017Q4 SEC filing. Sigma Planning Corp sold 11,567 shares as Apple Inc (AAPL)’s stock declined 3.81%. The Sigma Planning Corp holds 153,726 shares with $26.02 million value, down from 165,293 last quarter. Apple Inc now has $926.90B valuation. The stock increased 0.23% or $0.43 during the last trading session, reaching $188.58. About 15.45 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 27, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Among 9 analysts covering Piper Jaffray (NYSE:PJC), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Piper Jaffray had 23 analyst reports since August 11, 2015 according to SRatingsIntel. The stock has “Buy” rating by Keefe Bruyette & Woods on Wednesday, January 10. The stock of Piper Jaffray Companies (NYSE:PJC) earned “Hold” rating by Zacks on Tuesday, August 11. The stock of Piper Jaffray Companies (NYSE:PJC) earned “Buy” rating by Keefe Bruyette & Woods on Monday, October 30. On Friday, October 30 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. BMO Capital Markets maintained the shares of PJC in report on Friday, April 28 with “Market Perform” rating. Keefe Bruyette & Woods maintained the shares of PJC in report on Thursday, April 5 with “Buy” rating. Wood downgraded the stock to “Market Perform” rating in Monday, April 30 report. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. As per Tuesday, September 22, the company rating was initiated by Sandler O’Neill. The company was downgraded on Friday, December 11 by Keefe Bruyette & Woods. See Piper Jaffray Companies (NYSE:PJC) latest ratings:

30/04/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $88.0000 Downgrade
30/04/2018 Broker: Wood Old Rating: Outperform New Rating: Market Perform Downgrade
05/04/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $105.0000 Maintain
01/02/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $112.0 Maintain
10/01/2018 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $97.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Buy New Target: $86.0 Maintain

More recent Piper Jaffray Companies (NYSE:PJC) news were published by: Businesswire.com which released: “Piper Jaffray Expands Equity Sales & Trading with the Hiring of David Warnke” on May 23, 2018. Also Themiddlemarket.com published the news titled: “M&A daily wrap: NFL’s Carolina Panthers, Cam Newton, David Tepper, Appaloosa, Brynwood Partners” on May 16, 2018. Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For April 30, 2018” with publication date: April 30, 2018 was also an interesting one.

The stock decreased 0.86% or $0.65 during the last trading session, reaching $74.55. About 121,433 shares traded or 0.33% up from the average. Piper Jaffray Companies (NYSE:PJC) has risen 30.55% since May 27, 2017 and is uptrending. It has outperformed by 19.00% the S&P500.

Piper Jaffray Companies operates as an investment bank and asset management firm that serves firms, private equity groups, public entities, non-profit entities, and institutional investors in the United States and internationally. The company has market cap of $991.52 million. The companyÂ’s Capital Markets segment offers investment banking and institutional sales, trading, and research services for various equity and fixed income products. It currently has negative earnings. It raises capital through equity financings; provides advisory services relating to mergers and acquisitions, equity private placements, and debt advisory services for corporate clients; underwrites debt issuances; and offers municipal financial advisory and loan placement services, as well as various over-the-counter derivative products.

Since February 2, 2018, it had 0 insider buys, and 2 insider sales for $5.63 million activity. Fairman Francis E IV sold $961,297 worth of Piper Jaffray Companies (NYSE:PJC) on Friday, February 2. DUFF ANDREW S had sold 50,000 shares worth $4.67 million.

Investors sentiment increased to 1.23 in 2017 Q4. Its up 0.14, from 1.09 in 2017Q3. It increased, as 22 investors sold Piper Jaffray Companies shares while 48 reduced holdings. 42 funds opened positions while 44 raised stakes. 10.36 million shares or 3.71% more from 9.99 million shares in 2017Q3 were reported. Swiss Comml Bank owns 0% invested in Piper Jaffray Companies (NYSE:PJC) for 25,000 shares. Wedge Capital Mgmt L Lp Nc reported 0% in Piper Jaffray Companies (NYSE:PJC). Great West Life Assurance Can invested in 0% or 18,051 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv holds 26,700 shares. Millennium Management Ltd Liability Corp holds 146,969 shares or 0.02% of its portfolio. Acadian Asset Lc has invested 0.01% of its portfolio in Piper Jaffray Companies (NYSE:PJC). Moreover, Sit Investment Assocs has 0.02% invested in Piper Jaffray Companies (NYSE:PJC). Moreover, Greenwich Wealth Mgmt Limited Liability Corp has 0.84% invested in Piper Jaffray Companies (NYSE:PJC). Nordea Mgmt Ab reported 48,440 shares. Dupont Corporation owns 0.04% invested in Piper Jaffray Companies (NYSE:PJC) for 18,968 shares. Tiaa Cref Mngmt Llc holds 92,450 shares or 0.01% of its portfolio. Us Bancorporation De reported 0.01% in Piper Jaffray Companies (NYSE:PJC). Yorktown And Research Company owns 4,300 shares for 0.11% of their portfolio. Capital Fund Sa invested in 0% or 5,700 shares. Evercore Wealth Mngmt Lc reported 180 shares.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 417 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Overweight” rating in Wednesday, July 27 report. The stock has “Buy” rating by Goldman Sachs on Wednesday, April 27. On Wednesday, August 2 the stock rating was maintained by FBN Securities with “Buy”. The firm earned “Outperform” rating on Wednesday, October 26 by Credit Suisse. The firm has “Buy” rating given on Friday, September 30 by Citigroup. KeyBanc Capital Markets upgraded the shares of AAPL in report on Monday, October 16 to “Overweight” rating. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) on Monday, June 12 with “Buy” rating. Stifel Nicolaus maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, October 18. Stifel Nicolaus has “Buy” rating and $130 target. On Friday, November 3 the stock rating was maintained by FBN Securities with “Buy”. The firm has “Buy” rating given on Tuesday, February 13 by Bank of America.

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 $10.76 billion for 21.53 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.

Sigma Planning Corp increased First Tr Exchange Traded Fd (FV) stake by 78,549 shares to 179,665 valued at $4.95M in 2017Q4. It also upped Ishares Tr (IJJ) stake by 2,345 shares and now owns 28,486 shares. Vanguard World Fds (VDC) was raised too.

Investors sentiment increased to 0.73 in Q4 2017. 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. Aldebaran reported 26,320 shares. Raymond James Fincl Services Advsrs invested in 2.00 million shares. Bridgecreek Inv Mngmt Lc has invested 3.63% in Apple Inc. (NASDAQ:AAPL). Neville Rodie Shaw invested in 4.44% or 248,981 shares. Lawson Kroeker Inv Ne, Nebraska-based fund reported 2,189 shares. Swedbank stated it has 8.06M shares. Bragg Advisors has 56,101 shares. Nippon Life Glob Investors Americas reported 229,743 shares stake. Thornburg Invest Management Incorporated reported 433,162 shares. Moreover, Philadelphia Tru Com has 3.17% invested in Apple Inc. (NASDAQ:AAPL). Pennsylvania Tru reported 2.18% stake. Vident Invest Advisory Ltd Company holds 0.23% or 30,725 shares. Supplemental Annuity Collective Trust Of Nj accumulated 56,000 shares. 119,960 are held by Parallax Volatility Advisers Lp. Monroe Bancorp & Mi invested 0.63% of its portfolio in Apple Inc. (NASDAQ:AAPL).

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