As Apple (AAPL) Valuation Rose, American Investment Services Boosted by $1.09 Million Its Position; Amc Networks (AMCX) Stake Increased by Hancock Holding Company

January 21, 2018 - By Clifton Ray

American Investment Services Inc increased its stake in Apple Inc (AAPL) by 33.1% based on its latest 2017Q3 regulatory filing with the SEC. American Investment Services Inc bought 7,064 shares as the company’s stock rose 12.78% with the market. The institutional investor held 28,405 shares of the computer manufacturing company at the end of 2017Q3, valued at $4.38M, up from 21,341 at the end of the previous reported quarter. American Investment Services Inc who had been investing in Apple Inc for a number of months, seems to be bullish on the $907.84B market cap company. The stock decreased 0.45% or $0.8 during the last trading session, reaching $178.46. About 32.43M shares traded or 18.24% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 21, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Hancock Holding Company increased its stake in Amc Networks (AMCX) by 3.36% based on its latest 2017Q3 regulatory filing with the SEC. Hancock Holding Company bought 7,276 shares as the company’s stock declined 4.67% while stock markets rallied. The institutional investor held 223,761 shares of the television services company at the end of 2017Q3, valued at $13.08 million, up from 216,485 at the end of the previous reported quarter. Hancock Holding Company who had been investing in Amc Networks for a number of months, seems to be bullish on the $3.34 billion market cap company. The stock increased 2.33% or $1.23 during the last trading session, reaching $53.97. About 671,028 shares traded. AMC Networks Inc. (NASDAQ:AMCX) has declined 17.50% since January 21, 2017 and is downtrending. It has underperformed by 34.20% the S&P500.

Investors sentiment decreased to 0.78 in Q3 2017. Its down 0.30, from 1.08 in 2017Q2. It dived, as 21 investors sold AMCX shares while 120 reduced holdings. 35 funds opened positions while 75 raised stakes. 53.08 million shares or 0.39% less from 53.29 million shares in 2017Q2 were reported. Gabelli Funds Lc reported 757,600 shares. Moreover, Texas Permanent School Fund has 0.03% invested in AMC Networks Inc. (NASDAQ:AMCX) for 38,021 shares. Glenmede Tru Na reported 206 shares. Retirement Sys Of Alabama reported 67,199 shares or 0.02% of all its holdings. 361,400 were accumulated by Aqr Capital Mngmt Ltd Company. Moreover, Goldman Sachs Grp Incorporated has 0.01% invested in AMC Networks Inc. (NASDAQ:AMCX) for 397,014 shares. Clarivest Asset Management Lc reported 32 shares or 0% of all its holdings. Moreover, Vanguard Grp Incorporated has 0.01% invested in AMC Networks Inc. (NASDAQ:AMCX) for 4.22 million shares. Ing Groep Nv holds 0.01% or 6,378 shares. Thompson Siegel And Walmsley Ltd Com owns 2.13 million shares. Gideon Capital Advsrs stated it has 0.32% in AMC Networks Inc. (NASDAQ:AMCX). South Dakota Inv Council holds 99,182 shares. Carroll Financial Associate invested 0% of its portfolio in AMC Networks Inc. (NASDAQ:AMCX). Origin Asset Mngmt Ltd Liability Partnership owns 5,145 shares. Moreover, Oregon Employees Retirement Fund has 0.02% invested in AMC Networks Inc. (NASDAQ:AMCX).

Among 24 analysts covering AMC Networks (NASDAQ:AMCX), 8 have Buy rating, 3 Sell and 13 Hold. Therefore 33% are positive. AMC Networks had 60 analyst reports since August 3, 2015 according to SRatingsIntel. JP Morgan maintained AMC Networks Inc. (NASDAQ:AMCX) on Monday, August 10 with “Hold” rating. As per Friday, August 5, the company rating was maintained by Goldman Sachs. The rating was initiated by Loop Capital with “Hold” on Tuesday, August 9. Piper Jaffray maintained AMC Networks Inc. (NASDAQ:AMCX) on Tuesday, October 31 with “Hold” rating. The company was downgraded on Thursday, September 15 by Stifel Nicolaus. Jefferies maintained the stock with “Hold” rating in Monday, September 11 report. The firm has “Buy” rating given on Friday, February 24 by Stifel Nicolaus. The firm earned “Hold” rating on Friday, November 3 by Loop Capital. The stock has “Hold” rating by KeyBanc Capital Markets on Friday, August 25. The firm has “Hold” rating by Topeka Capital Markets given on Monday, February 22.

Hancock Holding Company, which manages about $2.36 billion US Long portfolio, decreased its stake in Commercial Metals Co (NYSE:CMC) by 170,000 shares to 404,750 shares, valued at $7.70 million in 2017Q3, according to the filing. It also reduced its holding in Marathon Pete Corp (NYSE:MPC) by 6,264 shares in the quarter, leaving it with 267,495 shares, and cut its stake in Valero Energy (NYSE:VLO).

American Investment Services Inc, which manages about $612.10M and $261.23M US Long portfolio, decreased its stake in Vanguard World Fds (VPU) by 2,598 shares to 48,470 shares, valued at $5.66 million in 2017Q3, according to the filing. It also reduced its holding in Vanguard Index Fds (VTV) by 5,134 shares in the quarter, leaving it with 67,302 shares, and cut its stake in Vanguard Index Fds (VNQ).

Among 52 analysts covering Apple Inc. (NASDAQ:AAPL), 39 have Buy rating, 1 Sell and 12 Hold. Therefore 75% are positive. Apple Inc. had 351 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, September 11, the company rating was maintained by Canaccord Genuity. As per Friday, May 26, the company rating was maintained by Piper Jaffray. The stock has “Buy” rating by UBS on Tuesday, July 26. The rating was maintained by Brean Capital on Friday, September 11 with “Buy”. Nomura maintained the stock with “Buy” rating in Friday, November 3 report. The stock has “Buy” rating by UBS on Wednesday, May 31. The company was maintained on Thursday, September 15 by Credit Suisse. The rating was maintained by Nomura on Tuesday, August 25 with “Buy”. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, August 11. RBC Capital Markets has “Outperform” rating and $117 target. Morgan Stanley maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, July 27. Morgan Stanley has “Overweight” rating and $123 target.

Since August 7, 2017, it had 0 insider purchases, and 12 sales for $93.68 million activity. 35,000 Apple Inc. (NASDAQ:AAPL) shares with value of $5.52M were sold by LEVINSON ARTHUR D. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15 million. SEWELL D BRUCE sold 31,625 shares worth $5.00 million. $1.70 million worth of stock was sold by Srouji Johny on Wednesday, August 16. SCHILLER PHILIP W also sold $8.79M worth of Apple Inc. (NASDAQ:AAPL) shares. The insider FEDERIGHI CRAIG sold 63,163 shares worth $9.98 million.

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. Harbour Invest Ltd Llc owns 18,556 shares for 2% of their portfolio. Mcrae Capital holds 25,210 shares. M Kraus Comm has 0.21% invested in Apple Inc. (NASDAQ:AAPL). Forte Capital Limited Liability Adv stated it has 4.56% in Apple Inc. (NASDAQ:AAPL). Yorktown Mgmt And Research reported 0.43% of its portfolio in Apple Inc. (NASDAQ:AAPL). Boyar Asset Management has 0.2% invested in Apple Inc. (NASDAQ:AAPL). Moreover, Brookfield Asset has 0.05% invested in Apple Inc. (NASDAQ:AAPL). Windsor Ltd Liability Corporation owns 9,955 shares. Hbk Sorce Advisory Ltd Liability Co has invested 1.53% in Apple Inc. (NASDAQ:AAPL). Barometer Capital Management, Ontario – Canada-based fund reported 128,766 shares. Lvm Mgmt Ltd Mi holds 5.9% or 160,240 shares. Midas Corp holds 1.96% in Apple Inc. (NASDAQ:AAPL) or 24,100 shares. Tradewinds Management Ltd Liability Corporation reported 18,383 shares. State Of New Jersey Common Pension Fund D owns 4.50M shares or 2.77% of their US portfolio. Monetary Gru accumulated 75,216 shares.

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