Apple (AAPL) Holder Alpha Cubed Investments Upped Its Holding by $1.67 Million as Market Value Rose; Livforsakringsbolaget Skandia Omsesidigt Has Lowered Its Com Usd0.0001 (AMGN) Stake by $475,416

February 25, 2018 - By Marie Mckinney

Livforsakringsbolaget Skandia Omsesidigt decreased its stake in Com Usd0.0001 (AMGN) by 3.94% based on its latest 2017Q3 regulatory filing with the SEC. Livforsakringsbolaget Skandia Omsesidigt sold 2,556 shares as the company’s stock declined 9.68% while stock markets rallied. The institutional investor held 62,296 shares of the biological products (no diagnostic substances) company at the end of 2017Q3, valued at $11.62M, down from 64,852 at the end of the previous reported quarter. Livforsakringsbolaget Skandia Omsesidigt who had been investing in Com Usd0.0001 for a number of months, seems to be less bullish one the $134.51B market cap company. The stock increased 2.31% or $4.22 during the last trading session, reaching $186.67. About 4.16 million shares traded or 17.93% up from the average. Amgen Inc. (NASDAQ:AMGN) has risen 5.27% since February 25, 2017 and is uptrending. It has underperformed by 11.43% the S&P500.

Alpha Cubed Investments Llc increased its stake in Apple Inc (AAPL) by 4.67% based on its latest 2017Q3 regulatory filing with the SEC. Alpha Cubed Investments Llc bought 10,815 shares as the company’s stock rose 12.78% with the market. The institutional investor held 242,527 shares of the computer manufacturing company at the end of 2017Q3, valued at $37.38M, up from 231,712 at the end of the previous reported quarter. Alpha Cubed Investments Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $890.49B market cap company. The stock increased 1.74% or $3 during the last trading session, reaching $175.5. About 33.81M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 25, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Since October 9, 2017, it had 0 insider purchases, and 4 selling transactions for $1.10 million activity.

Livforsakringsbolaget Skandia Omsesidigt, which manages about $1.12 billion US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 21,600 shares to 66,059 shares, valued at $5.37M in 2017Q3, according to the filing. It also increased its holding in Com Stk Usd0.01 (NYSE:WSM) by 17,800 shares in the quarter, for a total of 71,300 shares, and has risen its stake in Com Stk Usd0.01 Class ‘A’ (NYSE:VMW).

Analysts await Amgen Inc. (NASDAQ:AMGN) to report earnings on April, 25. They expect $3.20 EPS, up 1.59% or $0.05 from last year’s $3.15 per share. AMGN’s profit will be $2.31B for 14.58 P/E if the $3.20 EPS becomes a reality. After $2.89 actual EPS reported by Amgen Inc. for the previous quarter, Wall Street now forecasts 10.73% EPS growth.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.16, from 1.15 in 2017Q2. It dived, as 58 investors sold AMGN shares while 511 reduced holdings. 108 funds opened positions while 453 raised stakes. 555.05 million shares or 0.41% less from 557.32 million shares in 2017Q2 were reported. D L Carlson Inv Gp accumulated 1,385 shares or 0.08% of the stock. North American Management has 2,059 shares. Chickasaw Capital Lc holds 0.06% in Amgen Inc. (NASDAQ:AMGN) or 14,530 shares. Monetary Management Gru, a Missouri-based fund reported 23,918 shares. Mutual Of America Capital Mgmt Ltd Limited Liability Company reported 0.27% in Amgen Inc. (NASDAQ:AMGN). Glenmede Tru Com Na reported 0.79% in Amgen Inc. (NASDAQ:AMGN). Hudock Cap Gp Lc has 0.17% invested in Amgen Inc. (NASDAQ:AMGN) for 1,949 shares. Shufro Rose Comm Ltd Liability Company owns 100,006 shares or 1.87% of their US portfolio. King Wealth Management Group Inc Inc Limited Liability Corp accumulated 1,361 shares. Pictet Asset Mgmt Limited has invested 0.75% in Amgen Inc. (NASDAQ:AMGN). Robeco Institutional Asset Mngmt Bv holds 56,557 shares. Coho stated it has 4.63% of its portfolio in Amgen Inc. (NASDAQ:AMGN). Alpine Woods Ltd Liability Com accumulated 22,950 shares. Zacks Management has invested 1.17% in Amgen Inc. (NASDAQ:AMGN). Wexford Capital Limited Partnership owns 10,776 shares.

Among 25 analysts covering Amgen Inc. (NASDAQ:AMGN), 11 have Buy rating, 0 Sell and 14 Hold. Therefore 44% are positive. Amgen Inc. had 86 analyst reports since August 3, 2015 according to SRatingsIntel. On Wednesday, November 1 the stock rating was downgraded by Argus Research to “Hold”. The firm earned “Buy” rating on Monday, June 26 by Oppenheimer. Wells Fargo initiated the stock with “Market Perform” rating in Friday, December 4 report. As per Tuesday, December 15, the company rating was upgraded by Morgan Stanley. As per Thursday, February 1, the company rating was maintained by Cowen & Co. UBS maintained the stock with “Buy” rating in Thursday, October 29 report. The stock of Amgen Inc. (NASDAQ:AMGN) has “Hold” rating given on Friday, October 20 by BMO Capital Markets. The firm has “Overweight” rating given on Thursday, November 5 by Piper Jaffray. On Wednesday, June 29 the stock rating was initiated by Bernstein with “Market Perform”. Piper Jaffray maintained Amgen Inc. (NASDAQ:AMGN) on Thursday, October 12 with “Buy” rating.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It improved, 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. Malaga Cove Capital Limited Com invested in 2,065 shares. Needelman Asset Mgmt invested in 2.29% or 6,056 shares. Mayo Inv Advisers Llc invested 4.48% in Apple Inc. (NASDAQ:AAPL). Curbstone Fincl Mngmt owns 47,132 shares for 2.1% of their portfolio. Daiwa Sb Investments Ltd reported 2.72% of its portfolio in Apple Inc. (NASDAQ:AAPL). Griffin Asset Mgmt Incorporated stated it has 2.47% of its portfolio in Apple Inc. (NASDAQ:AAPL). Eagleclaw Cap Managment Ltd Liability Corporation stated it has 61,642 shares. The United Kingdom-based Veritas Mngmt Llp has invested 0.12% in Apple Inc. (NASDAQ:AAPL). Hedeker Wealth Ltd Liability Com holds 32,029 shares. Milestone Grp has invested 0.38% in Apple Inc. (NASDAQ:AAPL). Private Asset Mngmt reported 17,223 shares. Markel stated it has 113,100 shares. Chatham Gp reported 37,602 shares. Webster Natl Bank N A holds 96,755 shares or 2.17% of its portfolio. Financial Bank Of Stockton has 1.43% invested in Apple Inc. (NASDAQ:AAPL) for 20,388 shares.

Alpha Cubed Investments Llc, which manages about $320.00M and $664.35 million US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 404,026 shares to 66,526 shares, valued at $1.61M in 2017Q3, according to the filing. It also reduced its holding in Abbvie Inc (NYSE:ABBV) by 44,269 shares in the quarter, leaving it with 49,670 shares, and cut its stake in Ssga Active Etf Tr.

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By1 Marie Mckinney

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