Kdi Capital Partners Trimmed Holding in State Street (STT) by $3.53 Million; Apple Computer (AAPL) Holder Frontier Investment Mgmt Company Has Cut Holding by $5.86 Million

February 15, 2018 - By Peter Mason

Frontier Investment Mgmt Company decreased its stake in Apple Computer Inc (AAPL) by 13.15% based on its latest 2017Q3 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 38,059 shares as the company’s stock rose 12.78% with the market. The institutional investor held 251,466 shares of the computer manufacturing company at the end of 2017Q3, valued at $38.76 million, down from 289,525 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Apple Computer Inc for a number of months, seems to be less bullish one the $849.24 billion market cap company. The stock increased 1.84% or $3.03 during the last trading session, reaching $167.37. About 40.64M shares traded or 22.24% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 15, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Kdi Capital Partners Llc decreased its stake in State Street Corp (STT) by 23.13% based on its latest 2017Q3 regulatory filing with the SEC. Kdi Capital Partners Llc sold 37,143 shares as the company’s stock rose 0.17% with the market. The hedge fund held 123,461 shares of the major banks company at the end of 2017Q3, valued at $11.80M, down from 160,604 at the end of the previous reported quarter. Kdi Capital Partners Llc who had been investing in State Street Corp for a number of months, seems to be less bullish one the $38.21 billion market cap company. The stock increased 2.64% or $2.67 during the last trading session, reaching $103.94. About 1.26 million shares traded. State Street Corporation (NYSE:STT) has risen 33.09% since February 15, 2017 and is uptrending. It has outperformed by 16.39% the S&P500.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 116 funds opened positions while 640 raised stakes. 2.97 billion shares or 2.78% less from 3.06 billion shares in 2017Q2 were reported. 76,483 are held by Schaper Benz Wise Inv Counsel Inc Wi. Nuveen Asset Management Limited Liability Corporation stated it has 1.86 million shares. Creative Planning reported 2.44M shares. Thompson Davis accumulated 6,154 shares. Zwj Inv Counsel reported 182,226 shares or 2.19% of all its holdings. 26,400 were accumulated by Bollard Group Limited Liability Com. Goodwin Daniel L owns 2,050 shares. Argyle Capital Management has invested 0.09% in Apple Inc. (NASDAQ:AAPL). Raab & Moskowitz Asset Mngmt Ltd has invested 2.43% of its portfolio in Apple Inc. (NASDAQ:AAPL). Clough Prns Limited Partnership reported 3.63% in Apple Inc. (NASDAQ:AAPL). 112,465 are held by Papp L Roy & Associate. Evanston Invs Dba Evanston invested in 1,526 shares. 46,420 are owned by Fairfield Bush. Eagle Asset Mngmt Inc reported 0.58% stake. Malaga Cove Capital Lc has 0.18% invested in Apple Inc. (NASDAQ:AAPL) for 2,065 shares.

Since August 15, 2017, it had 0 buys, and 7 insider sales for $70.47 million activity. SCHILLER PHILIP W sold $8.79 million worth of stock. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15M on Thursday, August 24. Srouji Johny sold 5,892 shares worth $948,612. KONDO CHRIS sold $1.01M worth of stock. AHRENDTS ANGELA J had sold 63,388 shares worth $9.78 million.

Frontier Investment Mgmt Company, which manages about $1.19 billion and $1.21B US Long portfolio, upped its stake in Centurylink Inc (NYSE:CTL) by 22,953 shares to 175,230 shares, valued at $3.31 million in 2017Q3, according to the filing. It also increased its holding in Mcdonalds Corp (NYSE:MCD) by 5,297 shares in the quarter, for a total of 151,179 shares, and has risen its stake in American Electric Pwr Co Inc (NYSE:AEP).

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 377 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, July 15, the company rating was maintained by Barclays Capital. The firm has “Buy” rating by FBR Capital given on Friday, August 7. The firm has “Buy” rating by Robert W. Baird given on Wednesday, August 2. The company was maintained on Wednesday, August 2 by Credit Suisse. The rating was upgraded by Raymond James to “Outperform” on Wednesday, July 27. The firm has “Buy” rating by Brean Capital given on Wednesday, April 27. The firm has “Neutral” rating given on Wednesday, January 6 by Rosenblatt. On Monday, July 17 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of Apple Inc. (NASDAQ:AAPL) has “Overweight” rating given on Monday, March 7 by Pacific Crest. The rating was maintained by Canaccord Genuity with “Buy” on Friday, September 16.

Investors sentiment increased to 1 in Q3 2017. Its up 0.27, from 0.73 in 2017Q2. It is positive, as 41 investors sold STT shares while 252 reduced holdings. 70 funds opened positions while 224 raised stakes. 320.54 million shares or 0.16% more from 320.02 million shares in 2017Q2 were reported. Fisher Asset Mngmt Limited Company stated it has 0% of its portfolio in State Street Corporation (NYSE:STT). Nippon Life Ins holds 0.03% or 18,055 shares. Engineers Gate Manager LP stated it has 12,548 shares or 0.1% of all its holdings. Liberty Mutual Gru Asset Mgmt, Massachusetts-based fund reported 15,724 shares. Glaxis Cap Limited Liability holds 5,000 shares. Cwm Ltd has 53 shares for 0% of their portfolio. Lpl Fincl Ltd Liability Corporation stated it has 24,059 shares or 0.01% of all its holdings. Sol Management holds 0.06% or 2,300 shares in its portfolio. Hudock Ltd Limited Liability Company has 0.02% invested in State Street Corporation (NYSE:STT) for 489 shares. Boston Private Wealth Ltd Co stated it has 0.15% in State Street Corporation (NYSE:STT). Artemis Invest Limited Liability Partnership reported 65,929 shares. Moreover, Fort Washington Advsr Oh has 0.01% invested in State Street Corporation (NYSE:STT). Everett Harris And Ca reported 0.02% in State Street Corporation (NYSE:STT). 6,664 were accumulated by Beach Counsel Inc Pa. Moreover, Hsbc Public Lc has 0.09% invested in State Street Corporation (NYSE:STT).

Kdi Capital Partners Llc, which manages about $454.13M and $299.27 million US Long portfolio, upped its stake in Cvs Health Corp (NYSE:CVS) by 33,874 shares to 113,795 shares, valued at $9.25M in 2017Q3, according to the filing. It also increased its holding in Vanguard Scottsdale Fds (IJR) by 25,006 shares in the quarter, for a total of 28,235 shares, and has risen its stake in Home Depot Inc (NYSE:HD).

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By1 Peter Mason

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