As Apple (AAPL) Market Valuation Rose, Botty Investors Lowered Its Stake by $601,200; Opus Investment Management Holding in Huntington Bancshares (HBAN) Increased by $510,000 as Market Value Declined

June 14, 2018 - By Linda Rogers

Huntington Bancshares Incorporated (NASDAQ:HBAN) Logo

Botty Investors Llc decreased its stake in Apple Inc (AAPL) by 79.49% based on its latest 2018Q1 regulatory filing with the SEC. Botty Investors Llc sold 3,600 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 929 shares of the computer manufacturing company at the end of 2018Q1, valued at $156,000, down from 4,529 at the end of the previous reported quarter. Botty Investors Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $938.94B market cap company. The stock increased 0.17% or $0.33 during the last trading session, reaching $191.03. About 15.58 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 14, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 07/05/2018 – APPLE SAYS IN ITS ORDER, COURT ALSO APPROVED FORM OF NOTICE OF SETTLEMENT, SET HEARING DATE OF JULY 20 – SEC FILING; 17/05/2018 – Moody’s Assigns Provisional Ratings To Dutch Rmbs Notes To Be Issued By Green Apple 2018-1 Nhg B.V; 27/03/2018 – APPLE CEO TIM COOK NOW ON STAGE TO KICK OFF ANNOUNCEMENT; 09/05/2018 – Apple is a ‘productive cash machine’ but probably not as innovative as it used to be: Chamath Palihapitiya; 09/04/2018 – Apple Now Globally Powered by 100 % Renewable Energy; 12/03/2018 – Apple to buy digital magazine service Texture; 04/05/2018 – @BeckyQuick JUST IN: Apple CEO Tim Cook comments to CNBC about Berkshire Hathaway’s stake in the tech giant; 17/05/2018 – Milberg Tadler Phillips Grossman LLP Appointed to Plaintiff’s Executive and Discovery Committees in the Apple iPhone Throttling; 08/04/2018 – Saudi Arabia agrees to gender mixing for local Apple staff; 27/03/2018 – Apple Watch redesign with larger display coming in 2018, top Apple analyst reportedly predicts

Opus Investment Management Inc increased its stake in Huntington Bancshares (HBAN) by 26.05% based on its latest 2018Q1 regulatory filing with the SEC. Opus Investment Management Inc bought 34,000 shares as the company’s stock declined 5.80% with the market. The institutional investor held 164,500 shares of the major banks company at the end of 2018Q1, valued at $2.48M, up from 130,500 at the end of the previous reported quarter. Opus Investment Management Inc who had been investing in Huntington Bancshares for a number of months, seems to be bullish on the $17.03 billion market cap company. The stock decreased 0.90% or $0.14 during the last trading session, reaching $15.41. About 6.52 million shares traded. Huntington Bancshares Incorporated (NASDAQ:HBAN) has risen 17.33% since June 14, 2017 and is uptrending. It has outperformed by 4.76% the S&P500.

Investors sentiment increased to 1.35 in Q1 2018. Its up 0.13, from 1.22 in 2017Q4. It increased, as 33 investors sold HBAN shares while 163 reduced holdings. 86 funds opened positions while 178 raised stakes. 802.30 million shares or 1.72% more from 788.75 million shares in 2017Q4 were reported. Bluestein R H & has invested 0.03% in Huntington Bancshares Incorporated (NASDAQ:HBAN). 32,988 were accumulated by Global X Communications Ltd Liability Co. Guardian Life Insur Of America holds 0.01% or 2,489 shares in its portfolio. Exxonmobil Investment Mngmt Tx, Texas-based fund reported 168,756 shares. Nelson Roberts Invest Advisors Lc reported 0.01% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Utah Retirement, Utah-based fund reported 198,248 shares. Cambridge Advisors Incorporated accumulated 226,508 shares or 0.04% of the stock. Mackenzie Corp invested in 13,239 shares or 0% of the stock. Westpac Bk accumulated 63,469 shares. Georgia-based Invesco Ltd has invested 0.02% in Huntington Bancshares Incorporated (NASDAQ:HBAN). 31,664 were reported by Everence Cap Mgmt Incorporated. Ent Fincl Svcs reported 0% in Huntington Bancshares Incorporated (NASDAQ:HBAN). Caisse De Depot Et Placement Du Quebec reported 145,191 shares stake. Bluecrest Limited has 13,350 shares. Alphamark Advisors Limited Com, Kentucky-based fund reported 1,200 shares.

Since May 4, 2018, it had 0 insider purchases, and 4 selling transactions for $1.77 million activity. PORTEOUS DAVID L also sold $933,823 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) shares. Heller Paul G sold $431,675 worth of Huntington Bancshares Incorporated (NASDAQ:HBAN) on Friday, May 18. Another trade for 1,958 shares valued at $28,460 was sold by Maloney Nancy E.

Among 31 analysts covering Huntington Bancshares Incorporated (NASDAQ:HBAN), 17 have Buy rating, 0 Sell and 14 Hold. Therefore 55% are positive. Huntington Bancshares Incorporated had 94 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by Guggenheim on Friday, August 28. The firm has “Hold” rating given on Wednesday, December 13 by Keefe Bruyette & Woods. The company was maintained on Tuesday, April 24 by Piper Jaffray. Nomura maintained Huntington Bancshares Incorporated (NASDAQ:HBAN) rating on Thursday, October 26. Nomura has “Buy” rating and $17 target. The rating was maintained by Susquehanna with “Hold” on Tuesday, April 24. Robert W. Baird upgraded the stock to “Outperform” rating in Wednesday, January 27 report. As per Friday, July 21, the company rating was maintained by BMO Capital Markets. Wedbush maintained the shares of HBAN in report on Thursday, October 27 with “Outperform” rating. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The stock of Huntington Bancshares Incorporated (NASDAQ:HBAN) earned “Hold” rating by BMO Capital Markets on Thursday, October 26.

Another recent and important Huntington Bancshares Incorporated (NASDAQ:HBAN) news was published by Seekingalpha.com which published an article titled: “Huntington Bancshares: A Solid Dividend Investment” on May 16, 2018.

Opus Investment Management Inc, which manages about $8.16B and $544.83M US Long portfolio, decreased its stake in Consolidated Edison Inc. (NYSE:ED) by 7,400 shares to 24,001 shares, valued at $1.87M in 2018Q1, according to the filing. It also reduced its holding in Intel Corp. (NASDAQ:INTC) by 24,000 shares in the quarter, leaving it with 105,600 shares, and cut its stake in Target Corp. (NYSE:TGT).

Since January 5, 2018, it had 0 insider purchases, and 12 sales for $51.10 million activity. $6.83 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Maestri Luca. 38,228 shares were sold by AHRENDTS ANGELA J, worth $6.75 million on Thursday, May 3. The insider Riccio Daniel J. sold 17,372 shares worth $3.26 million. Another trade for 14,976 shares valued at $2.81M was sold by Srouji Johny. Shares for $2.99 million were sold by WILLIAMS JEFFREY E on Friday, June 8. 4,867 shares valued at $910,129 were sold by KONDO CHRIS on Wednesday, May 16.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It turned negative, 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. Moreover, Loudon Mgmt Ltd Liability Com has 0.35% invested in Apple Inc. (NASDAQ:AAPL) for 2,649 shares. Scharf Investments Limited Liability Corp reported 2.34% of its portfolio in Apple Inc. (NASDAQ:AAPL). 3,393 are held by 10. Lyons Wealth Mgmt Ltd Llc holds 29.35% in Apple Inc. (NASDAQ:AAPL) or 115,119 shares. Cacti Asset holds 367,453 shares. 142,516 were reported by Torray Limited Liability Co. 23,194 were accumulated by Welch Ltd Com. Gould Asset Ltd Liability Ca holds 0.47% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 6,364 shares. Verus Fin Ptnrs Inc accumulated 4,561 shares. Moreover, Andra Ap has 0.11% invested in Apple Inc. (NASDAQ:AAPL). Lakeview Cap Ltd Liability Corp reported 28,629 shares. Central Asset & Mngmt (Hk) invested in 4,100 shares. Crow Point Prtnrs Ltd Liability Corp, a Massachusetts-based fund reported 500 shares. Motley Fool Wealth Mgmt Lc holds 103,193 shares or 1.28% of its portfolio. Robeco Institutional Asset Management Bv holds 1.71% or 2.18M shares.

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 21.81 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.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Benzinga.com which released: “More Central Bank News As ECB Follows Fed Rate Hike With Tapering Plans” on June 14, 2018, also Nasdaq.com with their article: “Geopolitical Risks Are a Way Smaller Market Factor Than You Might Think” published on June 12, 2018, Seekingalpha.com published: “Bloomberg: Apple nears deal for animated film” on June 14, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Wednesday Apple Rumors: iPhone X Survives Two Weeks in River” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Tuesday Apple Rumors: Apple is Still Working on Waterproof iPhone” with publication date: June 12, 2018.

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