Apple (AAPL) Holder Penn Davis Mcfarland Has Cut Its Holding; Glendon Capital Management LP Position In Southwest Airls Co (LUV) Was Boosted

June 21, 2018 - By Richard Conner

Southwest Airlines Co. (NYSE:LUV) Logo

Penn Davis Mcfarland Inc decreased its stake in Apple Inc. (AAPL) by 28.94% based on its latest 2018Q1 regulatory filing with the SEC. Penn Davis Mcfarland Inc sold 44,086 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 108,238 shares of the computer manufacturing company at the end of 2018Q1, valued at $18.16 million, down from 152,324 at the end of the previous reported quarter. Penn Davis Mcfarland Inc who had been investing in Apple Inc. for a number of months, seems to be less bullish one the $911.56B market cap company. The stock decreased 0.56% or $1.04 during the last trading session, reaching $185.46. About 23.29M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 21, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 17/04/2018 – Tech Today: Apple’s Low-Profit Services, Souring on Facebook, Tesla Hits Pause — Barron’s Blog; 20/05/2018 – Google takes on Apple and Spotify with new music service; 08/05/2018 – EXCLUSIVE – COMPANIES INCLUDING AMAZON, INTEL AND AIRBUS VIE TO TAKE PART IN DRONE TESTS THAT U.S. WILL ANNOUNCE WEDNESDAY; 16/03/2018 – Apple schedules product launch in Chicago for March 27; 27/03/2018 – Apple Unveils Everyone Can Create Curriculum to Spark Student Creativity; 10/05/2018 – Advanced Credit Technologies, Inc. Wins Approval from Apple and Google to Launch CyberloQ Multi-factor Authentication into Both; 23/04/2018 – An opening price below $169 would still mark a year-to-date decline for Apple, though; 19/03/2018 – OLED: Universal Display, other Apple suppliers fall as company t; 01/05/2018 – Apple Sold 52.2 Million IPhones, In Line With Expectations; 21/05/2018 – KONICA MINOLTA ACQUIRES MACPROFESSIONALS, THE APPLE PLATFORM EXPERTS

Glendon Capital Management Lp increased its stake in Southwest Airls Co (LUV) by 65.89% based on its latest 2018Q1 regulatory filing with the SEC. Glendon Capital Management Lp bought 35,982 shares as the company’s stock declined 11.16% with the market. The institutional investor held 90,595 shares of the air freight and delivery services company at the end of 2018Q1, valued at $5.19M, up from 54,613 at the end of the previous reported quarter. Glendon Capital Management Lp who had been investing in Southwest Airls Co for a number of months, seems to be bullish on the $30.82 billion market cap company. The stock increased 2.21% or $1.15 during the last trading session, reaching $53.15. About 8.06M shares traded or 33.81% up from the average. Southwest Airlines Co. (NYSE:LUV) has declined 13.23% since June 21, 2017 and is downtrending. It has underperformed by 25.80% the S&P500. Some Historical LUV News: 20/04/2018 – SOUTHWEST AIR COMMENTS IN EMAILED STATEMENT FRIDAY; 16/05/2018 – Southwest Airlines Authorized a New $2 Billion Share Repurchase Program; 26/04/2018 – SOUTHWEST CEO: FIRST HALF HEADWINDS SHOULD `DISSIPATE QUICKLY’; 18/04/2018 – Southwest focuses on older engines in probe of deadly jet explosion; 17/04/2018 – SOUTHWEST CEO SAYS DON’T KNOW CAUSE OF THE ACCIDENT YET; 26/04/2018 – SOUTHWEST CEO: `A LITTLE SOFTNESS’ IN SALES TO BE EXPECTED:CNBC; 26/04/2018 – Southwest reports profit rise on strong demand, tax benefits; 02/05/2018 – FOX Baltimore: BREAKING: Southwest Airlines plane with cracked window makes emergency landing in Cleveland; 17/04/2018 – SOUTHWEST CHIEF KELLY SAYS THE LAST DATE OF AIRCRAFT INSPECTION WAS SUNDAY, APRIL 15; 26/04/2018 – Southwest Sees Booking Declines Ahead After Fatal Accident

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Don’t Throw Out Starbucks Stock Based on One Bad Serving of News” on June 20, 2018, also Seekingalpha.com with their article: “Apple’s Forward Estimates Updated” published on June 12, 2018, Seekingalpha.com published: “Bloomberg: Apple’s delayed charging mat could launch in September” on June 21, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: Can Shares Double Again In 2 Years?” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: Conservative Price Target Of $240 (Mark Hibben)” with publication date: June 18, 2018.

Since January 5, 2018, it had 0 buys, and 13 insider sales for $52.34 million activity. Riccio Daniel J. had sold 17,375 shares worth $2.94M. LEVINSON ARTHUR D sold $6.51 million worth of stock or 35,000 shares. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) was sold by Maestri Luca on Thursday, April 12. 14,976 shares were sold by Srouji Johny, worth $2.81 million on Wednesday, May 23. 6,568 shares were sold by AHRENDTS ANGELA J, worth $1.24M. Another trade for 69,491 shares valued at $11.56M was made by SCHILLER PHILIP W on Tuesday, April 3.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It dropped, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Verition Fund Mngmt Limited Liability Company has 7,986 shares. Brighton Jones Limited Liability Company holds 62,482 shares or 1.45% of its portfolio. Peninsula Asset Management holds 15,673 shares. 154,000 are held by Cincinnati Insur. Stone Ridge Asset Ltd Limited Liability Company owns 256,130 shares for 2.51% of their portfolio. Moreover, Lee Danner And Bass has 2.56% invested in Apple Inc. (NASDAQ:AAPL) for 146,642 shares. Mount Vernon Assoc Inc Md reported 7.82% stake. Centurylink Investment Company holds 3.25% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 53,962 shares. Saratoga Rech Mngmt holds 576,664 shares. Inv Ltd Liability Co holds 86,662 shares. Blair William & Company Il invested 2.99% in Apple Inc. (NASDAQ:AAPL). Gratry & Limited Liability Company has 1,635 shares. 10.43 million are held by Barclays Public Ltd Com. Colonial Tru Advsrs owns 133,018 shares. Azimuth Cap Mngmt Ltd Liability Corporation accumulated 122,671 shares.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Wednesday, May 31. Guggenheim maintained the stock with “Buy” rating in Tuesday, June 5 report. Pacific Crest maintained the shares of AAPL in report on Friday, September 11 with “Equal Weight” rating. Cowen & Co maintained it with “Outperform” rating and $135 target in Friday, October 21 report. Needham maintained Apple Inc. (NASDAQ:AAPL) on Friday, February 2 with “Buy” rating. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Tuesday, August 25 by Wells Fargo. The rating was maintained by Barclays Capital with “Overweight” on Thursday, September 29. FBR Capital maintained the shares of AAPL in report on Wednesday, December 23 with “Outperform” rating. The rating was maintained by Robert W. Baird on Friday, September 11 with “Buy”. The rating was maintained by Piper Jaffray with “Buy” on Tuesday, January 2.

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 21.17 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.

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.08, from 0.96 in 2017Q4. It dropped, as 79 investors sold LUV shares while 249 reduced holdings. 65 funds opened positions while 222 raised stakes. 440.55 million shares or 2.72% less from 452.86 million shares in 2017Q4 were reported. Bancorp Of Montreal Can invested 0.27% in Southwest Airlines Co. (NYSE:LUV). Baystate Wealth Mgmt Ltd has invested 0% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Bokf Na has 0.04% invested in Southwest Airlines Co. (NYSE:LUV). Raymond James And has 420,812 shares. Profit Invest Mgmt Ltd Liability Co invested in 1.18% or 24,158 shares. Northern, a Illinois-based fund reported 5.82M shares. Washington-based Tradewinds Ltd Liability has invested 0.03% in Southwest Airlines Co. (NYSE:LUV). Fukoku Mutual Life Insurance invested 0.01% in Southwest Airlines Co. (NYSE:LUV). Legg Mason Asset Management (Japan) accumulated 14,000 shares. 19,553 are owned by Numerixs Invest Technologies. First Quadrant Lp Ca invested 0.49% of its portfolio in Southwest Airlines Co. (NYSE:LUV). Sg Americas Secs Lc owns 97,742 shares for 0.04% of their portfolio. Ardevora Asset Mngmt Llp invested in 1.02% or 596,200 shares. Moreover, Hollencrest Cap Management has 0.03% invested in Southwest Airlines Co. (NYSE:LUV) for 3,678 shares. Asset Mgmt One owns 249,129 shares.

Since February 12, 2018, it had 1 insider buy, and 6 selling transactions for $5.57 million activity. BROOKS DOUGLAS H had sold 10,000 shares worth $600,491. $1.17 million worth of Southwest Airlines Co. (NYSE:LUV) was sold by Romo Tammy on Wednesday, February 21. Van de Ven Michael G had sold 31,099 shares worth $1.78M. $1.58 million worth of Southwest Airlines Co. (NYSE:LUV) shares were sold by KELLY GARY C. CUNNINGHAM WILLIAM H DR bought $196,875 worth of stock or 3,500 shares.

Among 22 analysts covering Southwest Airlines Co. (NYSE:LUV), 16 have Buy rating, 0 Sell and 6 Hold. Therefore 73% are positive. Southwest Airlines Co. had 82 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was upgraded by Edward Jones to “Buy” on Tuesday, June 12. Buckingham Research maintained Southwest Airlines Co. (NYSE:LUV) rating on Wednesday, June 13. Buckingham Research has “Buy” rating and $66 target. The stock of Southwest Airlines Co. (NYSE:LUV) has “Buy” rating given on Friday, July 28 by Cowen & Co. The rating was maintained by Deutsche Bank on Monday, June 11 with “Buy”. The company was maintained on Wednesday, September 27 by Stifel Nicolaus. The firm earned “Buy” rating on Tuesday, May 29 by Citigroup. As per Tuesday, April 17, the company rating was maintained by Stephens. On Thursday, September 7 the stock rating was maintained by Cowen & Co with “Buy”. Argus Research downgraded the stock to “Hold” rating in Friday, June 15 report. Morgan Stanley upgraded Southwest Airlines Co. (NYSE:LUV) on Thursday, January 5 to “Overweight” rating.

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