As Movado Group (MOV) Shares Declined, Shareholder D-C-Capital Advisors LTD Decreased by $1.40 Million Its Stake; Nbw Capital Trimmed Its Stake in Apple (AAPL) by $645,414

February 18, 2018 - By Adrian Mccoy

D-C-Capital Advisors Ltd decreased its stake in Movado Group Inc (MOV) by 50% based on its latest 2017Q3 regulatory filing with the SEC. D-C-Capital Advisors Ltd sold 50,000 shares as the company’s stock declined 13.98% while stock markets rallied. The institutional investor held 50,000 shares of the consumer specialties company at the end of 2017Q3, valued at $1.40 million, down from 100,000 at the end of the previous reported quarter. D-C-Capital Advisors Ltd who had been investing in Movado Group Inc for a number of months, seems to be less bullish one the $738.67 million market cap company. The stock decreased 0.77% or $0.25 during the last trading session, reaching $32.2. About 70,936 shares traded. Movado Group, Inc. (NYSE:MOV) has declined 5.74% since February 18, 2017 and is downtrending. It has underperformed by 22.44% the S&P500.

Nbw Capital Llc decreased its stake in Apple Inc (AAPL) by 4.31% based on its latest 2017Q3 regulatory filing with the SEC. Nbw Capital Llc sold 4,191 shares as the company’s stock rose 12.78% with the market. The institutional investor held 93,099 shares of the computer manufacturing company at the end of 2017Q3, valued at $14.35M, down from 97,290 at the end of the previous reported quarter. Nbw Capital Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $874.91B market cap company. The stock decreased 0.32% or $0.56 during the last trading session, reaching $172.43. About 40.18M shares traded or 17.89% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 18, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 7 insider sales for $70.47 million activity. $1.01 million worth of stock was sold by KONDO CHRIS on Tuesday, August 15. 15,641 Apple Inc. (NASDAQ:AAPL) shares with value of $2.73M were sold by Riccio Daniel J.. The insider SCHILLER PHILIP W sold $8.79 million. 63,388 shares valued at $9.78M were sold by AHRENDTS ANGELA J on Tuesday, October 3. The insider COOK TIMOTHY D sold $43.15M.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 34 have Buy rating, 1 Sell and 18 Hold. Therefore 64% are positive. Apple Inc. had 378 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $160 target in Monday, September 21 report. Stifel Nicolaus maintained it with “Buy” rating and $150 target in Monday, August 24 report. Piper Jaffray maintained the shares of AAPL in report on Wednesday, April 27 with “Overweight” rating. The firm has “Hold” rating given on Tuesday, August 1 by Wells Fargo. Barclays Capital maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, August 2 with “Equal-Weight” rating. The company was maintained on Wednesday, July 22 by FBR Capital. The firm has “Hold” rating given on Tuesday, February 13 by Nomura. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Tuesday, February 13 by BTIG Research. The rating was maintained by Nomura on Friday, November 3 with “Buy”. As per Monday, March 7, the company rating was maintained by Pacific Crest.

Investors sentiment increased to 0.7 in Q3 2017. 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. Essex Inc owns 96,672 shares. Profit Investment Ltd Liability Corporation holds 14,303 shares. Locust Wood Capital Advisers Lc owns 193,791 shares for 2.83% of their portfolio. Eulav Asset Management invested in 0.25% or 34,000 shares. Zacks Inv Management stated it has 223,132 shares or 0.81% of all its holdings. Mondrian Invest Prns reported 0% of its portfolio in Apple Inc. (NASDAQ:AAPL). Gyroscope Capital Mngmt Ltd Liability Com owns 1.68% invested in Apple Inc. (NASDAQ:AAPL) for 21,540 shares. Nelson Van Denburg & Campbell Wealth Grp Lc reported 33,126 shares stake. Victory Management has invested 0.19% of its portfolio in Apple Inc. (NASDAQ:AAPL). Counselors Of Maryland Limited Liability Com has invested 0.22% of its portfolio in Apple Inc. (NASDAQ:AAPL). Regent Mgmt Lc invested 3.21% of its portfolio in Apple Inc. (NASDAQ:AAPL). Independent Invsts invested in 24.82% or 387,183 shares. Welch Grp Inc Ltd Liability Co owns 20,560 shares for 0.53% of their portfolio. Greenbrier Partners Capital Management reported 400,000 shares. National Bank & Trust Of America Corporation De reported 1.03% stake.

Among 3 analysts covering Movado Group (NYSE:MOV), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Movado Group had 8 analyst reports since August 17, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Sidoti on Thursday, December 15. As per Monday, January 30, the company rating was upgraded by Sidoti. Sidoti initiated the stock with “Buy” rating in Friday, February 19 report. On Wednesday, October 11 the stock rating was maintained by KeyBanc Capital Markets with “Hold”. The rating was maintained by KeyBanc Capital Markets on Tuesday, November 21 with “Hold”. The firm earned “Sell” rating on Thursday, August 27 by Zacks. The rating was maintained by Cowen & Co on Tuesday, November 21 with “Hold”. Zacks downgraded the shares of MOV in report on Monday, August 17 to “Hold” rating.

Analysts await Movado Group, Inc. (NYSE:MOV) to report earnings on March, 19. They expect $0.25 earnings per share, up 13.64% or $0.03 from last year’s $0.22 per share. MOV’s profit will be $5.74 million for 32.20 P/E if the $0.25 EPS becomes a reality. After $1.04 actual earnings per share reported by Movado Group, Inc. for the previous quarter, Wall Street now forecasts -75.96% negative EPS growth.

Since September 5, 2017, it had 0 insider purchases, and 8 insider sales for $643,443 activity. Another trade for 2,504 shares valued at $68,560 was made by PHALEN MIRIAM GRINBERG on Tuesday, September 19. Another trade for 3,130 shares valued at $87,791 was made by LEVENTHAL NATHAN on Wednesday, September 6. Shares for $255,845 were sold by DEMARSILIS SALLIE A.

Investors sentiment increased to 1.63 in 2017 Q3. Its up 0.68, from 0.95 in 2017Q2. It is positive, as 7 investors sold MOV shares while 36 reduced holdings. 29 funds opened positions while 41 raised stakes. 14.43 million shares or 1.56% less from 14.66 million shares in 2017Q2 were reported. Pub Sector Pension Inv Board invested in 9,737 shares or 0% of the stock. Pennsylvania-based Glenmede Trust Na has invested 0% in Movado Group, Inc. (NYSE:MOV). 1,924 were reported by Pinebridge Invests Ltd Partnership. Blackrock invested in 1.96 million shares. Moreover, Sol Management has 0.08% invested in Movado Group, Inc. (NYSE:MOV) for 10,000 shares. 10,000 are held by Rbf Cap Ltd Llc. Hutchin Hill Cap LP reported 0.02% of its portfolio in Movado Group, Inc. (NYSE:MOV). Tower Cap Ltd Co (Trc) holds 6,009 shares or 0.01% of its portfolio. Matarin Capital Management Limited Liability invested in 0.39% or 163,327 shares. Sei Invs Communications owns 67 shares or 0% of their US portfolio. United Kingdom-based Legal General Group Public Ltd has invested 0% in Movado Group, Inc. (NYSE:MOV). Horizon Kinetics Ltd invested 0.04% in Movado Group, Inc. (NYSE:MOV). Geode Capital Mngmt Llc invested in 250,155 shares or 0% of the stock. Gabelli Funds Ltd Llc reported 95,000 shares. The New Jersey-based Landscape Limited Liability Company has invested 0.05% in Movado Group, Inc. (NYSE:MOV).

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