10-15 Associates Increases Stake in Occidental Pete Del (OXY); As Apple Common (AAPL) Stock Rose, Oakworth Capital Upped Its Stake

November 15, 2017 - By Neil V. Hobbs

Oakworth Capital Inc increased its stake in Apple Inc. Common (AAPL) by 24.74% based on its latest 2017Q2 regulatory filing with the SEC. Oakworth Capital Inc bought 16,783 shares as the company’s stock rose 12.78% with the market. The institutional investor held 84,608 shares of the computer manufacturing company at the end of 2017Q2, valued at $12.19M, up from 67,825 at the end of the previous reported quarter. Oakworth Capital Inc who had been investing in Apple Inc. Common for a number of months, seems to be bullish on the $872.37 billion market cap company. The stock declined 0.83% or $1.43 reaching $169.91 on the news. About 8.78 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since November 15, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

10-15 Associates Inc increased its stake in Occidental Pete Corp Del (OXY) by 39.45% based on its latest 2017Q2 regulatory filing with the SEC. 10-15 Associates Inc bought 9,613 shares as the company’s stock declined 8.50% while stock markets rallied. The institutional investor held 33,983 shares of the oil & gas production company at the end of 2017Q2, valued at $2.04M, up from 24,370 at the end of the previous reported quarter. 10-15 Associates Inc who had been investing in Occidental Pete Corp Del for a number of months, seems to be bullish on the $50.93 billion market cap company. The stock declined 1.13% or $0.76 reaching $66.56 on the news. About 577,885 shares traded. Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since November 15, 2016 and is downtrending. It has underperformed by 35.67% the S&P500.

10-15 Associates Inc, which manages about $592.54 million and $355.71 million US Long portfolio, decreased its stake in Microsoft Corp (NASDAQ:MSFT) by 29,473 shares to 4,491 shares, valued at $310,000 in 2017Q2, according to the filing.

Among 21 analysts covering Occidental Petroleum Corporation (NYSE:OXY), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. Occidental Petroleum Corporation had 69 analyst reports since August 3, 2015 according to SRatingsIntel. JP Morgan upgraded the shares of OXY in report on Wednesday, May 10 to “Neutral” rating. The firm has “Equal-Weight” rating given on Wednesday, October 18 by Morgan Stanley. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Monday, June 13. The stock has “Hold” rating by Deutsche Bank on Friday, August 5. Goldman Sachs upgraded Occidental Petroleum Corporation (NYSE:OXY) on Friday, December 16 to “Neutral” rating. Oppenheimer maintained Occidental Petroleum Corporation (NYSE:OXY) on Wednesday, September 2 with “Outperform” rating. The rating was maintained by Jefferies on Thursday, October 19 with “Hold”. The rating was maintained by RBC Capital Markets with “Sector Perform” on Friday, July 31. Barclays Capital maintained Occidental Petroleum Corporation (NYSE:OXY) on Friday, April 21 with “Sell” rating. The rating was maintained by Jefferies on Friday, July 28 with “Hold”.

Investors sentiment decreased to 0.95 in Q2 2017. Its down 0.08, from 1.03 in 2017Q1. It dived, as 82 investors sold OXY shares while 326 reduced holdings. 72 funds opened positions while 315 raised stakes. 607.21 million shares or 0.72% less from 611.64 million shares in 2017Q1 were reported. Group Inc accumulated 341,965 shares. Moreover, Central Natl Bank has 0% invested in Occidental Petroleum Corporation (NYSE:OXY) for 63 shares. Coastline Tru, Rhode Island-based fund reported 45,155 shares. Barclays Public Ltd Liability Corp invested 0.07% in Occidental Petroleum Corporation (NYSE:OXY). The Rhode Island-based Whalerock Point Prtnrs Ltd Co has invested 0.08% in Occidental Petroleum Corporation (NYSE:OXY). Sigma Planning Corporation holds 0.04% or 7,030 shares in its portfolio. Prudential Public Ltd Co invested 0.52% in Occidental Petroleum Corporation (NYSE:OXY). Webster Bankshares N A holds 0.16% in Occidental Petroleum Corporation (NYSE:OXY) or 17,710 shares. Riverpoint Capital Mgmt Ltd Limited Liability Company reported 0.01% in Occidental Petroleum Corporation (NYSE:OXY). Nomura Inc holds 0.01% of its portfolio in Occidental Petroleum Corporation (NYSE:OXY) for 66,783 shares. Shelton Cap Mngmt owns 0.03% invested in Occidental Petroleum Corporation (NYSE:OXY) for 6,678 shares. Cap Int Inc Ca owns 30,650 shares for 0.26% of their portfolio. Cleararc Cap holds 0.18% or 18,758 shares in its portfolio. Flippin Bruce & Porter invested 1.94% in Occidental Petroleum Corporation (NYSE:OXY). Advantus Capital Management Incorporated, Minnesota-based fund reported 77,091 shares.

Since June 7, 2017, it had 1 insider buy, and 0 sales for $101,745 activity.

More notable recent Occidental Petroleum Corporation (NYSE:OXY) news were published by: Seekingalpha.com which released: “Occidental Petroleum – Another Pricey Oil And Gas Producer” on October 19, 2017, also Seekingalpha.com with their article: “Occidental Petroleum: The Undisputed King Of CO2 Enhanced Oil Recovery” published on November 15, 2017, Nasdaq.com published: “Occidental Petroleum (OXY) Q3 Earnings Beat, Revenues Miss” on November 02, 2017. More interesting news about Occidental Petroleum Corporation (NYSE:OXY) were released by: Seekingalpha.com and their article: “Occidental Petroleum: The Cash Flow Deficit Is Not A Red Flag For This 4.5 …” published on November 14, 2017 as well as Businesswire.com‘s news article titled: “Occidental Petroleum Announces 3” with publication date: November 01, 2017.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Is It Too Late To Buy Apple Stock?” on November 14, 2017, also Fool.com with their article: “Canalys: Apple, Inc. Sold 3.9 Million Apple Watches Last Quarter” published on November 14, 2017, Investorplace.com published: “Wednesday’s Vital Data: Apple Inc. (AAPL), JD.com Inc(ADR) (JD) and Microsoft …” on November 15, 2017. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Fool.com and their article: “Can Apple, Inc. Sell 4 Million HomePods Next Year?” published on November 13, 2017 as well as Fool.com‘s news article titled: “Apple Inc. Boosted R&D Spending Again in Fiscal 2017” with publication date: November 14, 2017.

Since May 16, 2017, it had 0 buys, and 6 sales for $22.49 million activity. Srouji Johny sold 10,000 shares worth $1.53M. On Tuesday, May 16 the insider Riccio Daniel J. sold $1.86 million. 45,000 shares were sold by Cue Eduardo H, worth $6.92M on Monday, May 22. Another trade for 64,500 shares valued at $9.91 million was made by FEDERIGHI CRAIG on Tuesday, May 23.

Among 49 analysts covering Apple Inc. (NASDAQ:AAPL), 40 have Buy rating, 1 Sell and 8 Hold. Therefore 82% are positive. Apple Inc. had 329 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, April 4 the stock rating was maintained by Pacific Crest with “Overweight”. The firm earned “Buy” rating on Friday, November 3 by UBS. The rating was downgraded by Stifel Nicolaus to “Hold” on Wednesday, October 26. The firm has “Overweight” rating by Barclays Capital given on Wednesday, April 27. RBC Capital Markets maintained the shares of AAPL in report on Monday, July 31 with “Buy” rating. On Wednesday, August 2 the stock rating was maintained by BMO Capital Markets with “Outperform”. Mizuho downgraded the shares of AAPL in report on Monday, June 12 to “Neutral” rating. Maxim Group maintained the shares of AAPL in report on Friday, September 22 with “Buy” rating. Barclays Capital maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, June 15. Barclays Capital has “Hold” rating and $12300 target. The firm has “Buy” rating by Nomura given on Friday, November 3.

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