Burgundy Asset Management LTD Cut Tcp Capital Corp. (TCPC) Position; Hwg Holdings LP Raised Apple (AAPL) Position By $1.32 Million

January 14, 2018 - By Ellis Scott

Burgundy Asset Management Ltd decreased Tcp Capital Corp. (TCPC) stake by 3.83% reported in 2017Q3 SEC filing. Burgundy Asset Management Ltd sold 120,204 shares as Tcp Capital Corp. (TCPC)’s stock declined 2.67%. The Burgundy Asset Management Ltd holds 3.02 million shares with $49.76 million value, down from 3.14 million last quarter. Tcp Capital Corp. now has $906.58 million valuation. The stock increased 0.13% or $0.02 during the last trading session, reaching $15.42. About 213,226 shares traded or 6.75% up from the average. TCP Capital Corp. (NASDAQ:TCPC) has risen 18.09% since January 14, 2017 and is uptrending. It has outperformed by 1.39% the S&P500.

Hwg Holdings Lp increased Apple Inc (AAPL) stake by 47.88% reported in 2017Q3 SEC filing. Hwg Holdings Lp acquired 8,577 shares as Apple Inc (AAPL)’s stock rose 12.78%. The Hwg Holdings Lp holds 26,490 shares with $4.08M value, up from 17,913 last quarter. Apple Inc now has $900.87B valuation. The stock increased 1.03% or $1.81 during the last trading session, reaching $177.09. About 25.42 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since January 14, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 6 analysts covering TCP Capital (NASDAQ:TCPC), 5 have Buy rating, 0 Sell and 1 Hold. Therefore 83% are positive. TCP Capital had 14 analyst reports since August 7, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Tuesday, March 15 report. The firm earned “Buy” rating on Wednesday, May 31 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Sunday, July 23 report. Oppenheimer maintained it with “Outperform” rating and $16 target in Friday, August 7 report. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, August 10 report. The firm has “Buy” rating by Deutsche Bank given on Thursday, May 11. The stock of TCP Capital Corp. (NASDAQ:TCPC) has “Buy” rating given on Thursday, October 5 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, August 3 by Oppenheimer. The stock of TCP Capital Corp. (NASDAQ:TCPC) earned “Market Outperform” rating by JMP Securities on Wednesday, August 10. Deutsche Bank maintained it with “Hold” rating and $16.5 target in Saturday, August 22 report.

Analysts await TCP Capital Corp. (NASDAQ:TCPC) to report earnings on February, 27. They expect $0.38 EPS, down 15.56% or $0.07 from last year’s $0.45 per share. TCPC’s profit will be $22.34M for 10.14 P/E if the $0.38 EPS becomes a reality. After $0.38 actual EPS reported by TCP Capital Corp. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Investors sentiment decreased to 1.19 in 2017 Q3. Its down 1.02, from 2.21 in 2017Q2. It is negative, as 12 investors sold TCPC shares while 30 reduced holdings. 19 funds opened positions while 31 raised stakes. 28.22 million shares or 8.37% more from 26.04 million shares in 2017Q2 were reported. Invesco Ltd has invested 0% in TCP Capital Corp. (NASDAQ:TCPC). 2,000 are held by Pnc Financial Service Grp Inc. 95,425 are held by Raymond James & Associate. Advisory Research accumulated 436,915 shares. Jane Street Ltd Liability invested 0% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). 133,836 were accumulated by Stifel Fincl Corporation. Goldman Sachs Grp Inc holds 0% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC) for 53,644 shares. Price T Rowe Assoc Inc Md invested 0% in TCP Capital Corp. (NASDAQ:TCPC). Benjamin F Edwards & Co has 775 shares. Prelude Mgmt Ltd Co accumulated 11,100 shares. Ares Mgmt Ltd Limited Liability Company holds 0.25% or 453,342 shares. Cibc, a Ontario – Canada-based fund reported 24,047 shares. Tcw Gru has invested 0% of its portfolio in TCP Capital Corp. (NASDAQ:TCPC). Muzinich accumulated 2.78M shares. Mckinley Cap Ltd Delaware, Unknown-based fund reported 171,231 shares.

Burgundy Asset Management Ltd increased Cisco Systems Inc. (NASDAQ:CSCO) stake by 21,836 shares to 7.94 million valued at $267.15 million in 2017Q3. It also upped Walgreens Boots Alliance Inc. stake by 33,889 shares and now owns 5.48 million shares. Cenovus Energy Inc. (NYSE:CVE) was raised too.

Investors sentiment increased to 0.7 in 2017 Q3. 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. Budros Ruhlin And Roe Incorporated has invested 1.98% in Apple Inc. (NASDAQ:AAPL). Los Angeles Management & Equity Research has invested 4.14% of its portfolio in Apple Inc. (NASDAQ:AAPL). Gluskin Sheff And Associate accumulated 2,595 shares or 0.04% of the stock. Smith Chas P & Associate Pa Cpas holds 208,565 shares or 4.59% of its portfolio. 63,454 are held by Blb&B Advsrs Ltd. Bkd Wealth Advsrs Llc, a Missouri-based fund reported 49,370 shares. Jnba Fincl Advsr holds 8,308 shares or 0.29% of its portfolio. Sq Ltd holds 6.71% or 1.23 million shares in its portfolio. Dowling & Yahnke Ltd Liability Company, a California-based fund reported 133,666 shares. The Texas-based Beck Cap Mngmt has invested 1.08% in Apple Inc. (NASDAQ:AAPL). Thomas White holds 0.06% in Apple Inc. (NASDAQ:AAPL) or 2,100 shares. Bancshares Hapoalim Bm stated it has 37,074 shares. Needelman Asset Management owns 2.29% invested in Apple Inc. (NASDAQ:AAPL) for 6,056 shares. Greenwood Cap Assoc Limited Co stated it has 2.16% of its portfolio in Apple Inc. (NASDAQ:AAPL). Baltimore accumulated 68,023 shares.

Since August 7, 2017, it had 0 insider purchases, and 12 sales for $93.68 million activity. Another trade for 6,209 shares valued at $1.01 million was sold by KONDO CHRIS. FEDERIGHI CRAIG sold $9.98M worth of stock. On Tuesday, October 3 the insider SCHILLER PHILIP W sold $8.79 million. Riccio Daniel J. had sold 15,641 shares worth $2.73M on Friday, January 5. AHRENDTS ANGELA J sold $9.78 million worth of Apple Inc. (NASDAQ:AAPL) on Tuesday, October 3. Another trade for 35,000 shares valued at $5.52M was sold by LEVINSON ARTHUR D. Srouji Johny also sold $1.70 million worth of Apple Inc. (NASDAQ:AAPL) shares.

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