Hershey Co (HSY) Stake Held by Howard Hughes Medical Institute; As Apple (AAPL) Valuation Rose, New Jersey Better Educational Savings Trust Cut Its Stake

February 19, 2018 - By Henry Gaston

New Jersey Better Educational Savings Trust decreased its stake in Apple Inc (AAPL) by 11.11% based on its latest 2017Q3 regulatory filing with the SEC. New Jersey Better Educational Savings Trust sold 3,000 shares as the company’s stock rose 12.78% with the market. The institutional investor held 24,000 shares of the computer manufacturing company at the end of 2017Q3, valued at $3.70 million, down from 27,000 at the end of the previous reported quarter. New Jersey Better Educational Savings Trust 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 40.18 million shares traded or 17.89% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 19, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Howard Hughes Medical Institute increased its stake in Hershey Co (HSY) by 33.33% based on its latest 2017Q3 regulatory filing with the SEC. Howard Hughes Medical Institute bought 15,000 shares as the company’s stock rose 4.41% with the market. The institutional investor held 60,000 shares of the specialty foods company at the end of 2017Q3, valued at $6.55 million, up from 45,000 at the end of the previous reported quarter. Howard Hughes Medical Institute who had been investing in Hershey Co for a number of months, seems to be bullish on the $21.22 billion market cap company. The stock decreased 0.08% or $0.08 during the last trading session, reaching $100.71. About 2.47 million shares traded or 131.84% up from the average. The Hershey Company (NYSE:HSY) has risen 23.54% since February 19, 2017 and is uptrending. It has outperformed by 6.84% the S&P500.

Since August 24, 2017, it had 0 insider purchases, and 7 sales for $70.47 million activity. The insider SCHILLER PHILIP W sold 56,808 shares worth $8.79M. Shares for $9.78 million were sold by AHRENDTS ANGELA J on Tuesday, October 3. $948,612 worth of Apple Inc. (NASDAQ:AAPL) shares were sold by Srouji Johny. COOK TIMOTHY D also sold $43.15 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, August 24.

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. The firm earned “Buy” rating on Friday, June 2 by Drexel Hamilton. Argus Research maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, January 27 with “Buy” rating. Drexel Hamilton maintained the shares of AAPL in report on Thursday, July 6 with “Buy” rating. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 11 report. The company was maintained on Monday, June 26 by RBC Capital Markets. Needham maintained the shares of AAPL in report on Tuesday, June 6 with “Buy” rating. Canaccord Genuity maintained the shares of AAPL in report on Thursday, July 6 with “Buy” rating. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Wednesday, June 21 by Cowen & Co. The company was maintained on Friday, November 3 by Citigroup. The rating was maintained by Canaccord Genuity with “Buy” on Friday, September 11.

Investors sentiment increased to 0.7 in Q3 2017. 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. Independence Company accumulated 26,950 shares. Wade G W holds 3.63% or 194,182 shares. Motley Fool Asset Lc invested in 1.39% or 45,000 shares. Macroview Management Limited Liability Com invested in 0.21% or 280 shares. Campbell Newman Asset Mgmt Incorporated owns 4.38% invested in Apple Inc. (NASDAQ:AAPL) for 158,966 shares. Hamel Associate Inc reported 50,552 shares or 3.79% of all its holdings. Drexel Morgan & holds 2.88% or 18,244 shares in its portfolio. Northeast Consultants Incorporated holds 0.82% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 14,531 shares. Bancshares Of Ny Mellon holds 2.25% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 52.94M shares. 14,303 are owned by Cliftonlarsonallen Wealth Advsrs Ltd Limited Liability Company. 118,983 are held by Bath Savings Tru. Trb Advsr Limited Partnership, New York-based fund reported 90,000 shares. Css Llc Il holds 0.13% or 17,600 shares. Rbo Ltd Liability reported 62,320 shares. Chesapeake Asset Management Limited Liability Com reported 45,483 shares.

Howard Hughes Medical Institute, which manages about $402.78M US Long portfolio, decreased its stake in Spdr Series Trust (KBE) by 75,000 shares to 200,000 shares, valued at $9.02 million in 2017Q3, according to the filing. It also reduced its holding in Spdr S&P 500 Etf Tr (SPY) by 10,000 shares in the quarter, leaving it with 440,000 shares, and cut its stake in Alphabet Inc.

Since August 24, 2017, it had 0 insider purchases, and 8 sales for $956.13 million activity. On Friday, September 15 the insider Wege D Michael sold $120,373. $1.67M worth of The Hershey Company (NYSE:HSY) was sold by Idrovo Javier H on Wednesday, October 11. 4.50 million shares valued at $477.05M were sold by HERSHEY TRUST CO on Thursday, August 24. HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL sold $477.05 million worth of stock.

Among 22 analysts covering The Hershey Company (NYSE:HSY), 3 have Buy rating, 4 Sell and 15 Hold. Therefore 14% are positive. The Hershey Company had 64 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, August 31. Barclays Capital maintained the shares of HSY in report on Friday, February 2 with “Equal-Weight” rating. The firm has “Hold” rating by Deutsche Bank given on Monday, August 10. The stock of The Hershey Company (NYSE:HSY) has “Underperform” rating given on Wednesday, April 20 by Bank of America. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 1. The firm has “Buy” rating given on Tuesday, December 8 by Argus Research. The firm has “Hold” rating given on Monday, December 18 by Berenberg. As per Tuesday, January 26, the company rating was maintained by RBC Capital Markets. On Wednesday, September 16 the stock rating was upgraded by JP Morgan to “Overweight”. As per Thursday, February 16, the company rating was upgraded by Argus Research.

Investors sentiment increased to 1.06 in 2017 Q3. Its up 0.08, from 0.98 in 2017Q2. It is positive, as 45 investors sold HSY shares while 200 reduced holdings. 65 funds opened positions while 194 raised stakes. 106.96 million shares or 0.83% less from 107.85 million shares in 2017Q2 were reported. Oakworth has invested 0.11% in The Hershey Company (NYSE:HSY). Nomura Asset Mngmt Company Ltd holds 0.04% in The Hershey Company (NYSE:HSY) or 28,810 shares. Argyle Cap, Pennsylvania-based fund reported 27,735 shares. The Maryland-based Chevy Chase Tru Holdg Inc has invested 0.06% in The Hershey Company (NYSE:HSY). Creative Planning holds 0% or 9,311 shares in its portfolio. Wetherby Asset Mgmt holds 0.05% or 3,197 shares. Neuberger Berman Ltd Company holds 2,595 shares. Northstar Asset Mgmt owns 16,607 shares. New Jersey-based Private Advisor Gru Limited Liability Com has invested 0.02% in The Hershey Company (NYSE:HSY). Jnba holds 1,776 shares or 0.04% of its portfolio. Bryn Mawr Tru stated it has 206,689 shares or 1.28% of all its holdings. Omers Administration reported 22,100 shares. Moreover, Everence Cap Mgmt Inc has 0.13% invested in The Hershey Company (NYSE:HSY). Koch has invested 0.07% in The Hershey Company (NYSE:HSY). Mechanics Bank & Trust Trust Department owns 2,000 shares for 0.05% of their portfolio.

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 daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts