S&Co Cut By $2.75 Million Its Apple (AAPL) Holding; Gluskin Sheff + Associates (TSE:GS) Had 2 Bullish Analysts

June 20, 2017 - By Adrian Mccoy

S&Co Inc decreased Apple Inc (AAPL) stake by 24.49% reported in 2016Q4 SEC filing. S&Co Inc sold 23,943 shares as Apple Inc (AAPL)’s stock rose 12.78%. The S&Co Inc holds 73,805 shares with $8.55M value, down from 97,748 last quarter. Apple Inc now has $752.31 billion valuation. The stock increased 2.86% or $4.07 during the last trading session, reaching $146.34. About 5,363 shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since June 20, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 8 analysts covering Gluskin Sheff and Associates (TSE:GS), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 25% are positive. Gluskin Sheff and Associates had 35 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained Gluskin Sheff + Associates Inc (TSE:GS) rating on Friday, September 16. RBC Capital Markets has “Sector Perform” rating and $23;20 target. The rating was maintained by BMO Capital Markets on Friday, March 31 with “Market Perform”. The stock of Gluskin Sheff + Associates Inc (TSE:GS) has “Outperform” rating given on Thursday, February 4 by RBC Capital Markets. On Friday, November 11 the stock rating was maintained by Scotia Capital with “Outperform”. The firm has “Hold” rating given on Monday, January 23 by TD Securities. National Bank Canada downgraded the stock to “Sector Perform” rating in Friday, November 13 report. The firm earned “Buy” rating on Friday, November 11 by TD Securities. As per Monday, September 21, the company rating was downgraded by Desjardins Securities. The stock has “Hold” rating by Canaccord Genuity on Monday, September 19. The firm has “Outperform” rating by RBC Capital Markets given on Wednesday, October 7. See Gluskin Sheff + Associates Inc (TSE:GS) latest ratings:

31/03/2017 Broker: BMO Capital Markets Rating: Market Perform New Target: $18.00 Maintain
23/01/2017 Broker: TD Securities Old Rating: Buy New Rating: Hold Downgrade
17/01/2017 Broker: Canaccord Genuity Rating: Hold Old Target: $16.00 New Target: $18.00 Target Up
17/01/2017 Broker: Scotia Capital Rating: Outperform Old Target: $20.50 New Target: $21.00 Target Up

The stock increased 0.77% or $0.12 on June 19, reaching $15.62. About 37,212 shares traded. Gluskin Sheff + Associates Inc (TSE:GS) has 0.00% since June 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.02, from 0.86 in 2016Q3. It improved, as 65 investors sold Gluskin Sheff + Associates Inc shares while 424 reduced holdings. 168 funds opened positions while 262 raised stakes. 287.95 million shares or 5.61% more from 272.65 million shares in 2016Q3 were reported. Bnp Paribas Arbitrage stated it has 0.25% of its portfolio in Gluskin Sheff + Associates Inc (TSE:GS). Excalibur Management holds 2,791 shares. Nomura Asset Mngmt Limited, a Japan-based fund reported 81,312 shares. Employees Retirement Systems Of Texas has invested 0.07% of its portfolio in Gluskin Sheff + Associates Inc (TSE:GS). Baystate Wealth Management Ltd has invested 0.01% in Gluskin Sheff + Associates Inc (TSE:GS). 292,621 are held by Pictet Asset Mngmt Ltd. Condor Capital Mngmt reported 0.31% stake. Tudor Investment Et Al has invested 0.01% in Gluskin Sheff + Associates Inc (TSE:GS). 1,452 are held by Fayez Sarofim &. Lau Assocs Llc holds 1.82% or 7,500 shares in its portfolio. Glob X Lc reported 1,933 shares. State Treasurer State Of Michigan holds 0.23% or 120,950 shares. Moreover, Norinchukin Bankshares The has 0.28% invested in Gluskin Sheff + Associates Inc (TSE:GS) for 49,688 shares. Lagoda Investment Mngmt L P holds 0.04% or 480 shares. 49,762 were reported by Lomas Capital Management Ltd.

Since January 19, 2017, it had 0 insider purchases, and 16 selling transactions for $38.08 million activity. On Tuesday, February 7 the insider SALAME PABLO J sold $3.89 million. 6,250 shares valued at $1.50 million were sold by SOLOMON DAVID M on Tuesday, February 7. COOPER EDITH W sold 8,416 shares worth $1.99M. SCHWARTZ HARVEY M sold 25,000 shares worth $5.85 million. Another trade for 10,691 shares valued at $2.51 million was sold by SMITH SARAH G. Another trade for 5,954 shares valued at $1.47M was sold by VINIAR DAVID A. 11,600 shares valued at $2.71 million were sold by JOHNSON JAMES A /DC/ on Thursday, January 19.

Gluskin Sheff + Associates Inc. is a wealth management firm serving high net worth private clients and institutional investors. The company has market cap of $488.51 million. The Firm provides discretionary investment management services. It has a 11.93 P/E ratio. It provides private client services to high net worth investors, including entrepreneurs, family trusts, private charitable foundations and estates.

Investors sentiment decreased to 0.79 in 2016 Q4. Its down 0.03, from 0.82 in 2016Q3. It fall, as 90 investors sold AAPL shares while 975 reduced holdings. 123 funds opened positions while 723 raised stakes. 3.04 billion shares or 1.85% more from 2.98 billion shares in 2016Q3 were reported. Thompson Siegel Walmsley Ltd Liability Corp owns 158,774 shares. Oakworth Cap Inc accumulated 62,023 shares. 28,200 were reported by Platinum Invest. Moreover, Cambridge Tru has 2.06% invested in Apple Inc. (NASDAQ:AAPL) for 253,001 shares. Hudson Valley Advsrs Adv has invested 1.6% in Apple Inc. (NASDAQ:AAPL). Kings Point Cap Mngmt holds 2.05% or 71,561 shares in its portfolio. Sprott invested 1.14% in Apple Inc. (NASDAQ:AAPL). Mercer Advisers holds 3.69% or 39,873 shares. Moreover, Goldman Sachs Grp has 1.67% invested in Apple Inc. (NASDAQ:AAPL) for 50.96 million shares. Vigilant Cap Management Limited Com holds 91,670 shares or 1.87% of its portfolio. Endowment Management Ltd Partnership holds 3,070 shares. Copeland Capital Limited Liability Company holds 0.52% or 69,182 shares in its portfolio. The California-based Rbo And Ltd Liability Corporation has invested 2.97% in Apple Inc. (NASDAQ:AAPL). Fairfield Bush reported 1.45% stake. Zevin Asset Management Limited Liability Company has 7,930 shares.

Since December 27, 2016, it had 0 insider buys, and 32 sales for $162.84 million activity. $10.04 million worth of stock was sold by SEWELL D BRUCE on Friday, May 5. $3.60M worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D on Friday, January 20. Another trade for 13,207 shares valued at $1.80M was sold by Srouji Johny. KONDO CHRIS had sold 2,649 shares worth $339,204 on Thursday, February 2. On Wednesday, March 15 the insider Maestri Luca sold $2.51 million. Another trade for 35,000 shares valued at $5.39M was sold by LEVINSON ARTHUR D. Riccio Daniel J. had sold 11,949 shares worth $1.72 million on Thursday, April 6.

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