As Apple (AAPL) Stock Value Rose, Evanson Asset Management Lowered Stake by $4.17 Million; As Alexandria Real Estate Eq In (ARE) Stock Price Rose, Holder Fifth Third Bancorp Has Decreased Holding by $370,756

January 16, 2018 - By Peter Erickson

Evanson Asset Management Llc decreased its stake in Apple Inc (AAPL) by 17.13% based on its latest 2017Q3 regulatory filing with the SEC. Evanson Asset Management Llc sold 27,095 shares as the company’s stock rose 12.78% with the market. The institutional investor held 131,071 shares of the computer manufacturing company at the end of 2017Q3, valued at $20.20M, down from 158,166 at the end of the previous reported quarter. Evanson Asset Management Llc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $902.77B market cap company. The stock increased 0.21% or $0.3748 during the last trading session, reaching $177.4648. About 13.05M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 16, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Fifth Third Bancorp decreased its stake in Alexandria Real Estate Eq In (ARE) by 8.15% based on its latest 2017Q3 regulatory filing with the SEC. Fifth Third Bancorp sold 3,142 shares as the company’s stock rose 1.11% with the market. The institutional investor held 35,417 shares of the consumer services company at the end of 2017Q3, valued at $4.21 million, down from 38,559 at the end of the previous reported quarter. Fifth Third Bancorp who had been investing in Alexandria Real Estate Eq In for a number of months, seems to be less bullish one the $12.04B market cap company. The stock increased 0.50% or $0.63 during the last trading session, reaching $125.75. About 143,092 shares traded. Alexandria Real Estate Equities, Inc. (NYSE:ARE) has risen 25.81% since January 16, 2017 and is uptrending. It has outperformed by 9.11% the S&P500.

Since August 7, 2017, it had 0 buys, and 12 insider sales for $93.68 million activity. Riccio Daniel J. sold $2.42M worth of stock or 15,642 shares. $8.79 million worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W on Tuesday, October 3. $5.52 million worth of Apple Inc. (NASDAQ:AAPL) shares were sold by LEVINSON ARTHUR D. KONDO CHRIS sold $1.01M worth of stock. $9.98M worth of Apple Inc. (NASDAQ:AAPL) was sold by FEDERIGHI CRAIG on Monday, August 7. $43.15M worth of Apple Inc. (NASDAQ:AAPL) was sold by COOK TIMOTHY D on Thursday, August 24.

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 11 Hold. Therefore 77% are positive. Apple Inc. had 346 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Wednesday, August 2 with “Buy”. The firm earned “Overweight” rating on Wednesday, April 27 by Pacific Crest. On Thursday, October 1 the stock rating was initiated by Drexel Hamilton with “Buy”. As per Tuesday, September 1, the company rating was maintained by Macquarie Research. The firm has “Buy” rating by Canaccord Genuity given on Friday, January 8. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Monday, July 10 by Piper Jaffray. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by BTIG Research on Thursday, September 15. Citigroup maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, April 27 with “Buy” rating. The stock of Apple Inc. (NASDAQ:AAPL) earned “Buy” rating by Nomura on Tuesday, August 25. As per Monday, July 31, the company rating was maintained by Drexel Hamilton.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on January, 30. They expect $3.75 EPS, up 11.61% or $0.39 from last year’s $3.36 per share. AAPL’s profit will be $19.08B for 11.83 P/E if the $3.75 EPS becomes a reality. After $2.07 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth.

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. Cohen Klingenstein Ltd Limited Liability Company has 77,105 shares. Litman Gregory Asset Ltd reported 158 shares stake. Van Cleef Asset Managementinc has invested 7.09% in Apple Inc. (NASDAQ:AAPL). Barometer Capital holds 1.93% or 128,766 shares. Matthew 25 Corp has invested 7.95% in Apple Inc. (NASDAQ:AAPL). Hamilton Point Advisors Lc reported 2.75% of its portfolio in Apple Inc. (NASDAQ:AAPL). Grimes & Company Inc invested 1.77% of its portfolio in Apple Inc. (NASDAQ:AAPL). Magnetar Fincl Ltd Liability Corporation accumulated 13,643 shares or 0.05% of the stock. Benjamin F Edwards & Communication invested in 1.23% or 66,343 shares. Arrowgrass Prns (Us) Ltd Partnership reported 465,180 shares. Oregon-based Ferguson Wellman Mngmt Inc has invested 2.05% in Apple Inc. (NASDAQ:AAPL). Chilton Inv Limited Liability stated it has 6,860 shares. Welch Forbes Limited Liability, Massachusetts-based fund reported 597,639 shares. Macguire Cheswick Tuttle Investment Counsel Limited, a Connecticut-based fund reported 150,192 shares. Ithaka Gp Limited Company holds 3,500 shares or 0.1% of its portfolio.

Evanson Asset Management Llc, which manages about $3.18 billion and $467.66 million US Long portfolio, upped its stake in Spdr S&P 500 Etf Tr (SPY) by 2,943 shares to 27,159 shares, valued at $6.82M in 2017Q3, according to the filing. It also increased its holding in Sprott Physical Gold Trust (PHYS) by 103,231 shares in the quarter, for a total of 4.51M shares, and has risen its stake in Berkshire Hathaway Inc Del (BRKB).

Fifth Third Bancorp, which manages about $13.98B US Long portfolio, upped its stake in Rogers Corp (NYSE:ROG) by 4,011 shares to 4,028 shares, valued at $537,000 in 2017Q3, according to the filing. It also increased its holding in Ishares Tr (EFA) by 345,074 shares in the quarter, for a total of 3.65M shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

Since August 3, 2017, it had 0 buys, and 7 sales for $9.29 million activity. Shares for $2.97 million were sold by MARCUS JOEL S on Monday, September 25. Another trade for 5,000 shares valued at $602,050 was sold by Andrews Thomas J.

Analysts await Alexandria Real Estate Equities, Inc. (NYSE:ARE) to report earnings on January, 29 after the close. They expect $1.54 EPS, up 8.45% or $0.12 from last year’s $1.42 per share. ARE’s profit will be $147.41M for 20.41 P/E if the $1.54 EPS becomes a reality. After $1.51 actual EPS reported by Alexandria Real Estate Equities, Inc. for the previous quarter, Wall Street now forecasts 1.99% EPS growth.

Investors sentiment increased to 1.81 in Q3 2017. Its up 0.37, from 1.44 in 2017Q2. It improved, as 18 investors sold ARE shares while 90 reduced holdings. 49 funds opened positions while 147 raised stakes. 92.94 million shares or 1.38% less from 94.23 million shares in 2017Q2 were reported. Balyasny Asset Lc reported 91,027 shares. Utah Retirement holds 19,691 shares or 0.05% of its portfolio. State Of Wisconsin Inv Board invested in 134,845 shares or 0.05% of the stock. 594,109 are owned by Morgan Stanley. Nationwide Fund, Pennsylvania-based fund reported 184,014 shares. 1,818 are held by Regions Fincl. Louisiana State Employees Retirement Sys reported 0.03% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Washington Bancorp invested 0% of its portfolio in Alexandria Real Estate Equities, Inc. (NYSE:ARE). 2.45 million were accumulated by Deutsche Bankshares Ag. Lmr Ptnrs Llp owns 7,253 shares for 0.09% of their portfolio. Sumitomo Mitsui Asset accumulated 11,936 shares. Advsrs Asset owns 10,796 shares or 0.02% of their US portfolio. Livforsakringsbolaget Skandia Omsesidigt has invested 0.02% in Alexandria Real Estate Equities, Inc. (NYSE:ARE). Whittier Of Nevada Incorporated reported 615 shares stake. Kbc Gru Nv has invested 0.03% in Alexandria Real Estate Equities, Inc. (NYSE:ARE).

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