Edgewood Management LLC Has $26.10 Million Stake in Apple Inc. (AAPL)


About 32.19 million shares traded.

ValuEngine upgraded shares of Apple (NASDAQ:AAPL) from a hold rating to a buy rating in a report published on Thursday, March 1st. It has outperformed by 40.63% the S&P500.

Campbell Newman Asset Management Inc increased its stake in Visa Inc. Lederer & Associates Investment Counsel sold 3,553 shares as the company's stock rose 12.78% with the market.

Glenview Capital Management Llc increased Kindred Healthcare Inc (NYSE:KND) stake by 1.84M shares to 4.22 million valued at $28.68M in 2017Q3. Campbell Newman Asset Management Inc who had been investing in Visa Inc. Ngam Advisors Lp who had been investing in Biogen Inc for a number of months, seems to be bullish on the $60.53B market cap company. The stock increased 3.41% or $3.87 during the last trading session, reaching $117.22. 31,385,134 shares of the company's stock were exchanged, compared to its average volume of 44,110,000. CBS Corporation (NYSE:CBS) has risen 18.35% since March 11, 2017 and is uptrending. It has outperformed by 12.98% the S&P500.

Since October 3, 2017, it had 0 buys, and 5 insider sales for $26.38 million activity. On Wednesday, February 14 the insider Biggar Lynne sold $205,440. Rhumbline Advisers holds 2.96% of its portfolio in Apple Inc. (NYSE:VZ) or 6,967 shares. One analyst has rated the stock with a sell rating, eighteen have issued a hold rating, thirty-two have given a buy rating and one has given a strong buy rating to the company.

Ratings analysis reveals 85% of Apple's analysts are positive. The company was maintained on Tuesday, August 22 by Canaccord Genuity. Sound Shore Management Ct holds 2.31% in CBS Corporation (NYSE:CBS) or 2.44 million shares. The stock of TELUS Corporation (NYSE:TU) earned "Buy" rating by Desjardins Securities on Thursday, August 11. Barclays Capital maintained Apple Inc. The rating was maintained by FBN Securities with "Buy" on Friday, November 3. The rating was maintained by Susquehanna on Monday, January 29 with "Buy". The firm has "Buy" rating by UBS given on Friday, September 11. The rating was maintained by BMO Capital Markets with "Hold" on Monday, October 16. The stock has "Outperform" rating by Oppenheimer on Monday, January 11. The stock of CBS Corporation (NYSE:CBS) has "Outperform" rating given on Friday, November 3 by Credit Suisse.

Smithfield Trust Company, which manages about $737.64M US Long portfolio, decreased its stake in Verizon Communications (NYSE:VZ) by 9,845 shares to 32,025 shares, valued at $1.59 million in 2017Q3, according to the filing. Its up 0.02, from 0.68 in 2017Q2. Carderock Cap Mgmt Inc owns 50,492 shares. Earnest Prns Ltd Liability Corporation holds 0% or 2,461 shares in its portfolio. The company has a market capitalization of $928,910.00, a price-to-earnings ratio of 17.61, a P/E/G ratio of 1.33 and a beta of 1.22. Dock Street Asset holds 14.26% or 212,592 shares. Horan Management reported 230,130 shares or 5.03% of all its holdings. Beese Fulmer Inv Mngmt Inc reported 67,190 shares. (NYSE:AIG). Farmers Merchants Invs has invested 0% in American International Group, Inc. Apple makes up about 0.1% of Edgewood Management LLC's portfolio, making the stock its 25th biggest position. (NASDAQ:AAPL). Moreover, Lee Danner And Bass Incorporated has 2.45% invested in Apple Inc. (NYSE:V) for 2.59M shares.

Abner Herrman & Brock Llc, which manages about $1.13B and $564.69M US Long portfolio, decreased its stake in General Electric Co (NYSE:GE) by 310,426 shares to 57,549 shares, valued at $1.39 million in 2017Q3, according to the filing. It also reduced its holding in Avalonbay Cmntys Inc (NYSE:AVB) by 3,435 shares in the quarter, leaving it with 82,366 shares, and cut its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

Apple earned a daily sentiment score of 0.07 on Accern's scale. Its down 0.01, from 1.29 in 2017Q2. Capital Research Global Investors lifted its holdings in shares of Apple by 15.0% in the 2nd quarter. 80 funds opened positions while 206 raised stakes. (NASDAQ:AAPL) rating on Thursday, January 18.

Analysts await Apple Inc. Finally, Principal Financial Group Inc. raised its holdings in shares of Apple by 25.3% in the second quarter. Barry Inv Advisors Ltd Company owns 0.38% invested in Apple Inc. The stock's average target of $137.50 is -23.60% below today's ($179.98) share price. (NASDAQ:AAPL). Jnba Financial Advisors stated it has 8,308 shares or 0.29% of all its holdings. (NASDAQ:AAPL) for 25,387 shares. Winslow Asset Mngmt accumulated 97,867 shares. Front Barnett Assoc Limited Liability accumulated 285,935 shares. (NASDAQ:AAPL). Howland Ltd Liability Com invested 0.49% of its portfolio in Apple Inc. Parametric Port Associate Limited reported 439,846 shares stake. Public Employees Retirement Association Of Colorado invested in 65,638 shares. Diligent Invsts Lc invested in 8,713 shares. (NYSE:VZ). Los Angeles Capital Mngmt And Equity reported 711,899 shares. Insight 2811 Incorporated reported 5,471 shares. Quantbot Tech LP holds 109,556 shares. Apple's revenue for the quarter was up 12.7% on a year-over-year basis. research analysts predict that Apple Inc. will post 11.43 earnings per share for the current fiscal year. (NASDAQ:AAPL) to report earnings on May, 1. Therefore 64% are positive. CBS Corp had 112 analyst reports since August 6, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, May 24 by Moffett Nathanson. As per Friday, September 11, the company rating was maintained by Bernstein. Needham maintained the shares of AAPL in report on Wednesday, August 2 with "Buy" rating. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL) on Tuesday, September 29 with "Buy" rating. The firm has "Buy" rating given on Tuesday, January 16 by Rosenblatt. The company was maintained on Friday, February 2 by Canaccord Genuity. BMO Capital Markets has "Hold" rating and $700 target. Boyer Corporon Wealth Ltd Liability holds 1.64% of its portfolio in Apple Inc. Mizuho maintained it with "Hold" rating and $319.0 target in Sunday, October 15 report. Royal Bank of Canada reiterated a "buy" rating and issued a $180.00 target price on shares of Apple in a research report on Monday, October 23rd.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.