As Apple (AAPL) Valuation Rose, Hedeker Wealth Management Group Lifted Its Stake; As Enbridge Energy Partners (EEP) Share Price Declined, Ota Financial Group LP Has Cut Holding

June 14, 2018 - By Marie Mckinney

Apple Inc. (NASDAQ:AAPL) Logo

Hedeker Wealth Management Group Llc increased its stake in Apple Inc (AAPL) by 10.29% based on its latest 2018Q1 regulatory filing with the SEC. Hedeker Wealth Management Group Llc bought 3,379 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 36,230 shares of the computer manufacturing company at the end of 2018Q1, valued at $6.08M, up from 32,851 at the end of the previous reported quarter. Hedeker Wealth Management Group Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $938.69B market cap company. The stock increased 0.15% or $0.28 during the last trading session, reaching $190.98. About 9.49 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: 17/04/2018 – Apple To Launch News Subscription Service: Bloomberg — MarketWatch; 01/05/2018 – Apple pops on earnings beat, strong guidance; 18/04/2018 – Globe Technology: Apple planning to incorporate Texture into premium Apple News service; 04/05/2018 – Tech momentum could continue as Buffett buy helps give Apple best week since 2011; 16/04/2018 – RUSSIAN COMMUNICATIONS WATCHDOG SAYS WILL SEND REQUESTS TO APPLE AND GOOGLE TO REMOVE TELEGRAM FROM THEIR APPLICATION STORES ON MONDAY – IFAX; 28/03/2018 – Apple has a new 9.7-inch iPad. It will start at $299 for schools and $329 for everyone else; 01/05/2018 – Apple’s Gains Can Feed Through To Asia Suppliers: Markets Live; 29/05/2018 – Expect Apple to introduce new iPhone, iPad, Mac, Apple Watch and Apple TV software; 15/03/2018 – Jabil, Apple Contractor, Rises on FYQ2 Beat, CEO Sees ‘Broad-based Growth’ — Barron’s Blog; 28/05/2018 – IPhone Screen Makers Fall on Report of Apple OLED Shift in 2019

Ota Financial Group Lp decreased its stake in Enbridge Energy Partners (EEP) by 48.32% based on its latest 2018Q1 regulatory filing with the SEC. Ota Financial Group Lp sold 43,397 shares as the company’s stock declined 25.61% with the market. The institutional investor held 46,406 shares of the energy company at the end of 2018Q1, valued at $447,000, down from 89,803 at the end of the previous reported quarter. Ota Financial Group Lp who had been investing in Enbridge Energy Partners for a number of months, seems to be less bullish one the $4.38B market cap company. The stock increased 0.15% or $0.015 during the last trading session, reaching $10.275. About 592,865 shares traded. Enbridge Energy Partners, L.P. (NYSE:EEP) has declined 43.96% since June 14, 2017 and is downtrending. It has underperformed by 56.53% the S&P500. Some Historical EEP News: 10/05/2018 – ENBRIDGE STARTS FIRST-QUARTER EARNINGS CONFERENCE CALL; 17/05/2018 – ENBRIDGE PROPOSALS TO BUY ALL SPONSORED VEHICLE EQUITY SEC; 09/05/2018 – ENBRIDGE – REPLACING LINE 3 IN CURRENT ROUTE WOULD REQUIRE SHUTTING DOWN LINE FOR 9 TO 12 MONTHS – NEGATIVELY IMPACTING MINNESOTA’S ENERGY SUPPLY; 09/05/2018 – Enbridge hits debt target with $2.5 bln pipeline, renewables sale; 16/03/2018 – Enbridge Energy Partners Cuts 2018 Distributable Cash Flow View to $650M-$700M; 06/03/2018 ENBRIDGE ANNOUNCES PRICING OF OFFER BY SPECTRA ENERGY CAPITAL, LLC TO PURCHASE NOTES DUE IN 2032 AND 2038; 25/04/2018 – ENBRIDGE INC ENB.TO – COMPLETES INITIAL ASSESSMENT OF RECOMMENDATIONS OF MINNESOTA ADMINISTRATIVE LAW JUDGE ON LINE 3 REPLACEMENT PROJECT; 03/04/2018 – ENBRIDGE HIRES RBC TO SELL WESTERN CANADIAN GAS ASSETS; CANADIAN ASSETS COULD FETCH MORE THAN C$2 BILLION IN SALE – BLOOMBERG, CITING; 09/05/2018 – ENBRIDGE CEO SAYS HAS NOT RECEIVED FORMAL BIDS FOR CANADIAN MIDSTREAM ASSETS, WILL NOT COMMENT ON INDICATIONS OF INTEREST; 23/04/2018 – MPR News: BREAKING: Judge recommends Minnesota regulators approve contentious Line 3 oil pipeline, but not along Enbridge’s

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It worsened, 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. Clarkston Prtnrs Limited Com accumulated 7,817 shares. Ithaka Group Limited Liability Company has 3,500 shares. First Bancorporation has 204,372 shares. State Of Wisconsin Investment Board holds 3% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 6.18 million shares. Barton Invest accumulated 1,150 shares or 0.04% of the stock. Edmp Inc holds 6.88% in Apple Inc. (NASDAQ:AAPL) or 41,478 shares. 115,119 are held by Lyons Wealth Management Ltd Co. Maple Mngmt accumulated 77,915 shares or 3.26% of the stock. Virginia Retirement Et Al holds 3.04% or 1.50M shares. New England Professional Planning Group Inc holds 0.49% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 2,241 shares. Chase Investment Counsel Corp owns 2.25% invested in Apple Inc. (NASDAQ:AAPL) for 25,893 shares. 26,662 were reported by Excalibur Management Corporation. Baltimore holds 2.39% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 65,122 shares. Altavista Wealth Mngmt owns 42,842 shares. Daniel Devine & holds 5.55% or 40,758 shares in its portfolio.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Why the AT&T Inc. Court Win Does Not Guarantee Domination” on June 13, 2018, also Seekingalpha.com with their article: “Apple cracks down on apps collecting contact data” published on June 12, 2018, Seekingalpha.com published: “This Is Apple’s Rocket Fuel” on June 12, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “AI At The Edge: Apple’s Smartphone Leadership” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “For Microsoft The Future Is Now” with publication date: June 13, 2018.

Since January 5, 2018, it had 0 buys, and 12 selling transactions for $51.10 million activity. Another trade for 15,653 shares valued at $2.99 million was made by WILLIAMS JEFFREY E on Friday, June 8. KONDO CHRIS sold 4,867 shares worth $910,129. Another trade for 38,228 shares valued at $6.75M was sold by AHRENDTS ANGELA J. On Wednesday, May 9 the insider LEVINSON ARTHUR D sold $6.51M. 17,372 shares were sold by Riccio Daniel J., worth $3.26M on Thursday, May 17. SCHILLER PHILIP W had sold 69,491 shares worth $11.56M.

Hedeker Wealth Management Group Llc, which manages about $195.00M and $129.44M US Long portfolio, decreased its stake in Berkshire Hathaway (BRKB) by 4,452 shares to 19,199 shares, valued at $3.83 million in 2018Q1, according to the filing.

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. Maxim Group maintained it with “Buy” rating and $18000 target in Monday, June 19 report. The firm has “Buy” rating given on Friday, November 3 by Nomura. The stock of Apple Inc. (NASDAQ:AAPL) earned “Hold” rating by Deutsche Bank on Tuesday, October 18. The firm has “Conviction Buy” rating by Goldman Sachs given on Wednesday, November 18. As per Thursday, September 22, the company rating was maintained by RBC Capital Markets. The stock of Apple Inc. (NASDAQ:AAPL) has “Market Perform” rating given on Friday, February 16 by Raymond James. The stock of Apple Inc. (NASDAQ:AAPL) earned “Equal Weight” rating by Pacific Crest on Friday, September 11. The rating was maintained by Drexel Hamilton with “Buy” on Friday, June 9. As per Friday, February 2, the company rating was downgraded by Bernstein. Barclays Capital maintained it with “Hold” rating and $12300 target in Thursday, June 15 report.

More important recent Enbridge Energy Partners, L.P. (NYSE:EEP) news were published by: Seekingalpha.com which released: “MLPs Outperform In The Simplicity War” on May 20, 2018, also Streetinsider.com published article titled: “Enbridge (ENB) Announces Simplification of Corporate Structure with Proposals to Acquire Sponsored Vehicle Equity …”, Bizjournals.com published: “Enbridge offers to buy MLPs, income fund for $8.86B in wake of FERC policy change” on May 21, 2018. More interesting news about Enbridge Energy Partners, L.P. (NYSE:EEP) was released by: Seekingalpha.com and their article: “MLP Monthly Report: May 2018” with publication date: June 05, 2018.

Ota Financial Group Lp, which manages about $297.19M US Long portfolio, upped its stake in Siriusxm A by 19,069 shares to 118,995 shares, valued at $4.89M in 2018Q1, according to the filing. It also increased its holding in Sprott Physical Gold Trust (PHYS) by 274,797 shares in the quarter, for a total of 974,910 shares, and has risen its stake in Altaba Inc.

Investors sentiment decreased to 0.52 in 2018 Q1. Its down 0.20, from 0.72 in 2017Q4. It fall, as 30 investors sold EEP shares while 70 reduced holdings. 20 funds opened positions while 32 raised stakes. 127.87 million shares or 7.22% less from 137.83 million shares in 2017Q4 were reported. Jpmorgan Chase And Company owns 3.95 million shares. Tiedemann Advsr Limited Company has invested 0.81% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). Baldwin Brothers Ma stated it has 0.03% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). Regions Finance Corporation stated it has 10,985 shares. M&T Bancorp holds 0% or 92,908 shares in its portfolio. Alps stated it has 1.3% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). Advisory Ser Network Ltd Com invested in 0% or 972 shares. Eagle Ltd, Texas-based fund reported 976,220 shares. Two Sigma Secs Ltd Liability Corporation reported 0% in Enbridge Energy Partners, L.P. (NYSE:EEP). Engy Income Prtnrs Ltd Llc, Connecticut-based fund reported 14.24 million shares. Plancorp Ltd Llc reported 0.11% of its portfolio in Enbridge Energy Partners, L.P. (NYSE:EEP). Susquehanna Grp Incorporated Limited Liability Partnership accumulated 217,909 shares. Goldman Sachs reported 4.78 million shares. Creative Planning has 0.02% invested in Enbridge Energy Partners, L.P. (NYSE:EEP). Texas Yale holds 285,341 shares or 0.24% of its portfolio.

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