As Apple (AAPL) Shares Rose, Shareholder American Financial Group Decreased by $12.32 Million Its Holding; Altria Group (MO) Valuation Declined While Schmidt P J Investment Management Has Decreased by $715,554 Its Position

January 18, 2018 - By Winifred Garcia

Schmidt P J Investment Management Inc decreased its stake in Altria Group Inc (MO) by 44.89% based on its latest 2017Q3 regulatory filing with the SEC. Schmidt P J Investment Management Inc sold 11,358 shares as the company’s stock declined 2.84% while stock markets rallied. The institutional investor held 13,942 shares of the farming and seeds and milling company at the end of 2017Q3, valued at $884,000, down from 25,300 at the end of the previous reported quarter. Schmidt P J Investment Management Inc who had been investing in Altria Group Inc for a number of months, seems to be less bullish one the $133.63 billion market cap company. The stock decreased 0.17% or $0.12 during the last trading session, reaching $70.03. About 3.74 million shares traded. Altria Group, Inc. (NYSE:MO) has risen 11.92% since January 18, 2017 and is uptrending. It has underperformed by 4.78% the S&P500.

American Financial Group Inc decreased its stake in Apple Inc (AAPL) by 24.84% based on its latest 2017Q3 regulatory filing with the SEC. American Financial Group Inc sold 80,000 shares as the company’s stock rose 12.78% with the market. The institutional investor held 242,000 shares of the computer manufacturing company at the end of 2017Q3, valued at $37.30M, down from 322,000 at the end of the previous reported quarter. American Financial Group Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $914.40B market cap company. The stock increased 0.36% or $0.65 during the last trading session, reaching $179.75. About 18.67 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 18, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Investors sentiment increased to 0.7 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It increased, 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. Ci Investments stated it has 2.56% of its portfolio in Apple Inc. (NASDAQ:AAPL). Pacific Glob Investment Communications holds 2.79% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 80,077 shares. Moody State Bank Division owns 37,318 shares. Georgia-based Acg Wealth has invested 3.68% in Apple Inc. (NASDAQ:AAPL). Wellington Shields And Ltd Company reported 15,854 shares. Moreover, Bahl And Gaynor has 0.83% invested in Apple Inc. (NASDAQ:AAPL). Lombard Odier Asset Mgmt (Switzerland) owns 22,518 shares for 0.34% of their portfolio. Ionic Capital Mngmt Ltd Company, a New York-based fund reported 32,000 shares. Wilbanks Smith Thomas Asset Mngmt Limited Com reported 1.55% stake. The New York-based Burns J W And Inc Ny has invested 4.61% in Apple Inc. (NASDAQ:AAPL). Argent Tru Company holds 3.16% or 74,912 shares. Huntington Steele Limited Liability reported 7,362 shares. M&T National Bank accumulated 1.57% or 1.88 million shares. West Coast Fincl Ltd Limited Liability Company accumulated 86,482 shares. Cheviot Value Management Llc has 3.43% invested in Apple Inc. (NASDAQ:AAPL).

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 earnings per share, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08B for 11.98 P/E if the $3.75 EPS becomes a reality. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 12 Hold. Therefore 75% are positive. Apple Inc. had 349 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Drexel Hamilton on Monday, July 31 with “Buy”. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, October 12 by UBS. The firm has “Buy” rating by J.P. Morgan given on Wednesday, September 13. The stock of Apple Inc. (NASDAQ:AAPL) earned “Neutral” rating by Bank of America on Wednesday, August 5. Piper Jaffray maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, May 26. Piper Jaffray has “Buy” rating and $19000 target. As per Wednesday, August 2, the company rating was maintained by Credit Suisse. Robert W. Baird maintained it with “Outperform” rating and $190 target in Friday, November 3 report. On Thursday, November 2 the stock rating was maintained by Maxim Group with “Buy”. KeyBanc Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, December 7. KeyBanc Capital Markets has “Buy” rating and $192.0 target. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Needham on Wednesday, August 2.

American Financial Group Inc, which manages about $968.72M US Long portfolio, upped its stake in Energy Transfer Partners Lp by 295,000 shares to 835,000 shares, valued at $15.27 million in 2017Q3, according to the filing.

Since August 7, 2017, it had 0 buys, and 12 insider sales for $93.68 million activity. Another trade for 15,641 shares valued at $2.73 million was sold by Riccio Daniel J.. $5.00 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by SEWELL D BRUCE. $9.98M worth of Apple Inc. (NASDAQ:AAPL) shares were sold by FEDERIGHI CRAIG. Srouji Johny sold $1.70M worth of stock or 10,469 shares. 268,623 shares valued at $43.15M were sold by COOK TIMOTHY D on Thursday, August 24. Another trade for 35,000 shares valued at $5.52 million was sold by LEVINSON ARTHUR D.

Analysts await Altria Group, Inc. (NYSE:MO) to report earnings on February, 7. They expect $0.81 earnings per share, up 19.12% or $0.13 from last year’s $0.68 per share. MO’s profit will be $1.55B for 21.61 P/E if the $0.81 EPS becomes a reality. After $0.90 actual earnings per share reported by Altria Group, Inc. for the previous quarter, Wall Street now forecasts -10.00% negative EPS growth.

Among 19 analysts covering Altria Group Inc. (NYSE:MO), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Altria Group Inc. had 55 analyst reports since July 31, 2015 according to SRatingsIntel. Cowen & Co upgraded the shares of MO in report on Tuesday, September 26 to “Outperform” rating. Stifel Nicolaus maintained the stock with “Buy” rating in Monday, October 23 report. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 27. Morgan Stanley reinitiated Altria Group, Inc. (NYSE:MO) rating on Tuesday, November 29. Morgan Stanley has “Equal-Weight” rating and $65 target. Citigroup initiated the shares of MO in report on Tuesday, September 13 with “Buy” rating. Berenberg initiated the shares of MO in report on Tuesday, June 14 with “Buy” rating. The firm has “Sell” rating by RBC Capital Markets given on Friday, May 26. RBC Capital Markets maintained the shares of MO in report on Monday, May 29 with “Sell” rating. The firm has “Outperform” rating by CLSA given on Thursday, September 15. The stock has “Outperform” rating by Credit Agricole on Thursday, July 30.

Investors sentiment decreased to 0.89 in Q3 2017. Its down 0.02, from 0.91 in 2017Q2. It turned negative, as 91 investors sold MO shares while 516 reduced holdings. 118 funds opened positions while 420 raised stakes. 1.17 billion shares or 0.77% more from 1.16 billion shares in 2017Q2 were reported. Gamco Invsts Et Al has 4,250 shares. The Japan-based Norinchukin Bancshares The has invested 0.3% in Altria Group, Inc. (NYSE:MO). Gabelli Funds Lc reported 47,000 shares. London Company Of Virginia reported 9.21 million shares stake. Smith Moore owns 18,613 shares. Blue Capital, Rhode Island-based fund reported 22,029 shares. Beese Fulmer Inv Mngmt reported 28,247 shares. 1.22 million are held by Suntrust Banks Incorporated. Pittenger & Anderson Incorporated invested 0.2% of its portfolio in Altria Group, Inc. (NYSE:MO). First Midwest Bancshares Division holds 0.21% or 26,731 shares. Chase Inv Counsel Corp accumulated 3,695 shares or 0.12% of the stock. Tiaa Cref Mngmt Llc stated it has 0.26% in Altria Group, Inc. (NYSE:MO). Manchester Capital Management Ltd Liability has 0.05% invested in Altria Group, Inc. (NYSE:MO). Laffer Investments holds 0.2% or 11,728 shares. Mutual Of America Cap Mgmt Ltd Liability Corp owns 230,688 shares for 0.24% of their portfolio.

Schmidt P J Investment Management Inc, which manages about $434.11M and $334.21M US Long portfolio, upped its stake in Salesforce.Com Inc (NYSE:CRM) by 4,047 shares to 9,037 shares, valued at $844,000 in 2017Q3, according to the filing.

Since August 10, 2017, it had 0 insider buys, and 2 insider sales for $2.95 million activity. The insider Barrington Martin J. sold 15,300 shares worth $994,909.

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