Empyrean Capital Partners LP Has Raised Its Goldcorp New (GG) Stake by $3.90 Million; Apple Computing (AAPL) Holder Tanaka Capital Management Has Trimmed Holding as Share Value Rose

June 14, 2018 - By Dolores Ford

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Michael A. Price increased its stake in Goldcorp Inc New (GG) by 200% based on its latest 2018Q1 regulatory filing with the SEC. Empyrean Capital Partners Lp bought 300,000 shares as the company’s stock rose 9.94% while stock markets declined. The hedge fund run by Michael A. Price held 450,000 shares of the precious metals company at the end of 2018Q1, valued at $6.22 million, up from 150,000 at the end of the previous reported quarter. Empyrean Capital Partners Lp who had been investing in Goldcorp Inc New for a number of months, seems to be bullish on the $12.42B market cap company. The stock increased 0.35% or $0.05 during the last trading session, reaching $14.24. About 2.82M shares traded. Goldcorp Inc. (NYSE:GG) has risen 3.69% since June 14, 2017 and is uptrending. It has underperformed by 8.88% the S&P500. Some Historical GG News: 30/04/2018 – TR’ONDEK HWECH’IN & GOLDCORP SIGN COLLABORATION PACT; 26/04/2018 – Goldcorp Announces Voting Results from Annual Shareholders Meetings; 06/03/2018 GOLDCORP DECLARES QUARTERLY DIVIDEND OF $0.02 PER SHARE; 26/04/2018 – GOLDCORP COSTS TO FALL `QUITE APPRECIABLY’ IN 2ND HALF: CEO; 14/05/2018 – Banco Santander SA Buys New 1.5% Position in Goldcorp; 25/04/2018 – GOLDCORP INC – PROGRAM TO IMPLEMENT $250 MLN OF SUSTAINABLE ANNUAL EFFICIENCIES BY MIDDLE OF 2018 IS ON TRACK; 25/04/2018 – GOLDCORP 1Q EPS 8C, EST. 10C; 26/04/2018 – SPHINX RESOURCES – IN CONNECTION WITH DEAL, GOLDCORP WILL ACQUIRE 14% INTEREST IN QPM UNDER SUBSCRIPTION AGREEMENT BETWEEN CANADA STRATEGIC & GOLDCORP; 26/04/2018 – Mednax process on life support; 24/05/2018 – Goldcorp Closes Above 50-Day Moving Average: Technicals

Tanaka Capital Management Inc decreased its stake in Apple Computing (AAPL) by 13.93% based on its latest 2018Q1 regulatory filing with the SEC. Tanaka Capital Management Inc sold 3,181 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 19,659 shares of the computer manufacturing company at the end of 2018Q1, valued at $3.30M, down from 22,840 at the end of the previous reported quarter. Tanaka Capital Management Inc who had been investing in Apple Computing for a number of months, seems to be less bullish one the $939.38 billion market cap company. The stock increased 0.22% or $0.42 during the last trading session, reaching $191.12. About 12.32M 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: 20/04/2018 – AAPL:ISSUE AFFECTS SOME 13-INCH MACBOOK PRO NON TOUCH BAR UNITS; 12/03/2018 – CRN Exclusive: Apple Hires Oracle Channel Veteran To Help Drive Enterprise Sales Growth; 19/03/2018 – Apple Said to Have Secret Display Manufacturing Facility in California (Video); 30/05/2018 – Matterport Appoints Media Technology Leader Chris Bell as CMO; 20/03/2018 – Apple Rumors Feed: Apple IBM combine Watson and Core ML for the smartest ever mobile apps (Ben Lovejoy/9 to 5 Mac); 02/05/2018 – Apple’s Services Growth, Stable IPhone Sales Calm Analyst Fears; 27/04/2018 – Apple earnings are a highlight in action-packed week that includes Fed meeting, jobs report; 30/04/2018 – Fidelity Fund Adds Intel, Exits Philip Morris, Cuts Apple; 23/03/2018 – Techmeme: Sources: Apple to introduce new low-cost iPads and software for the education market at an event in Chicago next week; 02/04/2018 – BNO News: Apple plans to start using its own chips in Mac computers, replacing those of Intel, sources tell Bloomberg

Since January 5, 2018, it had 0 insider buys, and 12 selling transactions for $51.10 million activity. 35,000 Apple Inc. (NASDAQ:AAPL) shares with value of $6.51 million were sold by LEVINSON ARTHUR D. WILLIAMS JEFFREY E had sold 15,653 shares worth $2.90M on Tuesday, May 8. The insider KONDO CHRIS sold $910,129. 4,769 Apple Inc. (NASDAQ:AAPL) shares with value of $903,928 were sold by Maestri Luca. Shares for $2.81M were sold by Srouji Johny on Wednesday, May 23. The insider SCHILLER PHILIP W sold $11.56M.

Investors sentiment decreased to 0.69 in Q1 2018. 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. Oxbow Advsr Limited invested in 65,739 shares. Peninsula Asset owns 15,673 shares or 1.93% of their US portfolio. Alphamark Advsrs Lc holds 0.27% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 3,823 shares. Chevy Chase Tru reported 3.68% in Apple Inc. (NASDAQ:AAPL). Apriem, California-based fund reported 56,612 shares. 4,000 are owned by Ellington Grp Limited Liability. Berson & Corrado Invest Ltd reported 3,767 shares or 0.38% of all its holdings. Somerville Kurt F accumulated 108,598 shares. Newman Dignan Sheerar Inc reported 21,209 shares or 1.87% of all its holdings. Amer National Insur Tx reported 3.79% in Apple Inc. (NASDAQ:AAPL). Intrepid Capital Mgmt Inc has invested 1.08% of its portfolio in Apple Inc. (NASDAQ:AAPL). Thompson Davis & invested in 2,468 shares. King Wealth invested in 2.2% or 36,964 shares. Richard Bernstein Ltd Co holds 1.24% or 208,371 shares. 40,871 are owned by Cheviot Value Limited Liability Company.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 EPS, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76 billion for 21.82 P/E if the $2.19 EPS becomes a reality. After $2.73 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

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 given on Tuesday, March 27 by UBS. The firm earned “Buy” rating on Monday, July 24 by Loop Capital Markets. The rating was maintained by Argus Research on Friday, June 8 with “Buy”. On Tuesday, September 1 the stock rating was maintained by Macquarie Research with “Buy”. On Wednesday, May 2 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was maintained by Citigroup with “Buy” on Wednesday, April 27. The stock has “Buy” rating by Zacks on Monday, August 17. Pacific Crest upgraded the shares of AAPL in report on Wednesday, October 28 to “Overweight” rating. Maxim Group maintained the shares of AAPL in report on Friday, January 12 with “Buy” rating. Cowen & Co maintained the stock with “Market Perform” rating in Tuesday, August 25 report.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple: Can Shares Double Again In 2 Years?” on June 13, 2018, also Seekingalpha.com with their article: “Deciphering Apple’s Autonomous Vehicle Strategy” published on June 13, 2018, Seekingalpha.com published: “Apple: Biggest Launch Cycle Ever?” on June 14, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “A Relevant Blast From The Past” published on June 14, 2018 as well as Benzinga.com‘s news article titled: “More Central Bank News As ECB Follows Fed Rate Hike With Tapering Plans” with publication date: June 14, 2018.

Empyrean Capital Partners Lp, which manages about $4.52B and $1.87 billion US Long portfolio, decreased its stake in Enova Intl Inc by 172,567 shares to 2.10M shares, valued at $46.27M in 2018Q1, according to the filing. It also reduced its holding in Hrg Group Inc (NYSE:HRG) by 1.33M shares in the quarter, leaving it with 5.60M shares, and cut its stake in Spdr S&P 500 Etf Tr (SPY).

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 12 report. The stock of Goldcorp Inc. (NYSE:GG) has “Buy” rating given on Monday, April 23 by Canaccord Genuity. The rating was downgraded by Goldman Sachs on Wednesday, May 11 to “Neutral”. The stock of Goldcorp Inc. (NYSE:GG) earned “Buy” rating by Citigroup on Thursday, November 30. The rating was maintained by RBC Capital Markets with “Hold” on Tuesday, September 19. Jefferies maintained Goldcorp Inc. (NYSE:GG) rating on Thursday, July 14. Jefferies has “Hold” rating and $20 target. Jefferies maintained it with “Hold” rating and $15.5 target in Tuesday, January 16 report. The stock of Goldcorp Inc. (NYSE:GG) has “Buy” rating given on Wednesday, December 21 by TD Securities. Raymond James maintained Goldcorp Inc. (NYSE:GG) rating on Thursday, June 15. Raymond James has “Market Perform” rating and $17 target. On Monday, April 11 the stock rating was downgraded by RBC Capital Markets to “Underperform”.

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