Independent Franchise Partners Llp Increased Apple (AAPL) Holding by $8.74 Million; Owens Corning New (OC) Shareholder State Of Tennessee Treasury Department Has Raised Position by $2.22 Million

April 26, 2018 - By Henry Gaston

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Independent Franchise Partners Llp increased its stake in Apple Inc (AAPL) by 1.42% based on its latest 2017Q4 regulatory filing with the SEC. Independent Franchise Partners Llp bought 51,744 shares as the company’s stock declined 3.81% with the market. The institutional investor held 3.71M shares of the computer manufacturing company at the end of 2017Q4, valued at $627.02 million, up from 3.65M at the end of the previous reported quarter. Independent Franchise Partners Llp who had been investing in Apple Inc for a number of months, seems to be bullish on the $832.52 billion market cap company. The stock increased 0.26% or $0.425 during the last trading session, reaching $164.075. About 16.00 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since April 26, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

State Of Tennessee Treasury Department increased its stake in Owens Corning New (OC) by 189.19% based on its latest 2017Q4 regulatory filing with the SEC. State Of Tennessee Treasury Department bought 24,439 shares as the company’s stock declined 11.77% with the market. The institutional investor held 37,357 shares of the industrial machinery and components company at the end of 2017Q4, valued at $3.44M, up from 12,918 at the end of the previous reported quarter. State Of Tennessee Treasury Department who had been investing in Owens Corning New for a number of months, seems to be bullish on the $7.45 billion market cap company. The stock decreased 1.14% or $0.77 during the last trading session, reaching $66.69. About 1.63M shares traded or 32.00% up from the average. Owens Corning (NYSE:OC) has risen 32.24% since April 26, 2017 and is uptrending. It has outperformed by 20.69% the S&P500.

Independent Franchise Partners Llp, which manages about $13.30B and $11.79 billion US Long portfolio, decreased its stake in Dentsply Sirona Inc by 174,627 shares to 1.44M shares, valued at $95.01 million in 2017Q4, according to the filing. It also reduced its holding in Ebay Inc (NASDAQ:EBAY) by 347,511 shares in the quarter, leaving it with 22.38M shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Among 54 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 18 Hold. Therefore 65% are positive. Apple Inc. had 402 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Piper Jaffray given on Tuesday, October 31. As per Wednesday, July 27, the company rating was upgraded by Raymond James. The firm has “Buy” rating given on Monday, June 19 by Maxim Group. Pacific Crest maintained the stock with “Overweight” rating in Thursday, October 13 report. On Monday, July 10 the stock rating was upgraded by Mizuho to “Buy”. The rating was maintained by Cowen & Co on Wednesday, April 27 with “Outperform”. The firm earned “Overweight” rating on Wednesday, January 27 by Piper Jaffray. On Thursday, September 29 the stock rating was maintained by Barclays Capital with “Overweight”. The rating was maintained by UBS on Wednesday, December 16 with “Buy”. The rating was initiated by Drexel Hamilton with “Buy” on Thursday, October 1.

Investors sentiment increased to 0.73 in Q4 2017. Its up 0.03, from 0.7 in 2017Q3. It is positive, as 50 investors sold AAPL shares while 1023 reduced holdings. 151 funds opened positions while 637 raised stakes. 2.98 billion shares or 0.18% more from 2.97 billion shares in 2017Q3 were reported. Bluemountain Capital Limited Liability reported 0.06% of its portfolio in Apple Inc. (NASDAQ:AAPL). Edgestream Prns LP reported 0.54% of its portfolio in Apple Inc. (NASDAQ:AAPL). Lockheed Martin Invest reported 2.19% of its portfolio in Apple Inc. (NASDAQ:AAPL). Enterprise Svcs has 15,330 shares. Bluefin Trading has 1.67% invested in Apple Inc. (NASDAQ:AAPL). Inv Counselors Of Maryland Ltd Liability Corp has invested 0.22% in Apple Inc. (NASDAQ:AAPL). Rice Hall James And Associate Limited Com stated it has 0.01% of its portfolio in Apple Inc. (NASDAQ:AAPL). Kynikos Associates LP reported 13,927 shares. First Merchants Corp owns 78,564 shares for 2.27% of their portfolio. Schwartz Investment Counsel stated it has 0.03% in Apple Inc. (NASDAQ:AAPL). Cue Fincl Gp Inc reported 14,694 shares or 1.63% of all its holdings. The Texas-based Mcdaniel Terry & has invested 1.58% in Apple Inc. (NASDAQ:AAPL). 80,920 are held by Atlanta Cap Mngmt Co L L C. Tiverton Asset Limited Liability has 414,096 shares for 4.38% of their portfolio. The California-based Regis Ltd Liability Com has invested 0.19% in Apple Inc. (NASDAQ:AAPL).

Since December 7, 2017, it had 0 buys, and 5 selling transactions for $26.72 million activity. 15,641 shares valued at $2.65 million were sold by Riccio Daniel J. on Thursday, December 7. The insider Maestri Luca sold $6.83M.

Since March 13, 2018, it had 0 insider buys, and 2 sales for $4.93 million activity. Another trade for 1,100 shares valued at $92,400 was made by Harter Ava on Tuesday, March 13.

State Of Tennessee Treasury Department, which manages about $22.36 billion US Long portfolio, decreased its stake in Hewlett Packard Enterprise C by 34,317 shares to 412,621 shares, valued at $5.93 million in 2017Q4, according to the filing. It also reduced its holding in Logmein Inc (NASDAQ:LOGM) by 10,000 shares in the quarter, leaving it with 20,000 shares, and cut its stake in Alphabet Inc Class C.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.19, from 1.26 in 2017Q3. It dived, as 32 investors sold OC shares while 135 reduced holdings. 71 funds opened positions while 107 raised stakes. 99.29 million shares or 1.88% less from 101.20 million shares in 2017Q3 were reported. Sterling Cap Mgmt Llc holds 45,970 shares. The France-based Cap Fund Mgmt Sa has invested 0.04% in Owens Corning (NYSE:OC). Massmutual Trust Company Fsb Adv stated it has 30 shares. Pittenger & Anderson Incorporated invested in 1,155 shares or 0.01% of the stock. Cadence Capital Ltd Liability holds 0.02% or 3,025 shares. Pcj Investment Counsel holds 0.24% or 38,890 shares in its portfolio. Architects reported 37 shares or 0% of all its holdings. Weiss Multi stated it has 0.1% in Owens Corning (NYSE:OC). The France-based Credit Agricole S A has invested 0.02% in Owens Corning (NYSE:OC). State Board Of Administration Of Florida Retirement System stated it has 168,704 shares. Cwm Limited Liability Com owns 302 shares. Art Advsr Llc holds 0.25% or 61,500 shares in its portfolio. Westpac Corp owns 7,044 shares or 0.01% of their US portfolio. Robeco Institutional Asset Mgmt Bv invested in 0.06% or 125,475 shares. Hanson Mcclain, a California-based fund reported 100 shares.

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By1 Henry Gaston

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