Advantus Capital Management Has Trimmed Its Apple (AAPL) Holding by $346,320; Stock Price Rose; Medtronic Plc (MDT) Share Price Rose While Thompson Rubinstein Investment Management Has Cut by $484,000 Its Stake

December 12, 2017 - By Ellis Scott

Advantus Capital Management Inc decreased its stake in Apple Inc (AAPL) by 0.46% based on its latest 2017Q2 regulatory filing with the SEC. Advantus Capital Management Inc sold 2,405 shares as the company’s stock rose 12.78% with the market. The institutional investor held 526,117 shares of the computer manufacturing company at the end of 2017Q2, valued at $75.77 million, down from 528,522 at the end of the previous reported quarter. Advantus Capital Management Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $881.56 billion market cap company. The stock decreased 0.56% or $0.97 during the last trading session, reaching $171.7. About 18.27 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since December 12, 2016 and is uptrending. It has outperformed by 45.78% the S&P500.

Thompson Rubinstein Investment Management Inc decreased its stake in Medtronic Plc (MDT) by 9.79% based on its latest 2017Q2 regulatory filing with the SEC. Thompson Rubinstein Investment Management Inc sold 5,500 shares as the company’s stock rose 5.51% with the market. The institutional investor held 50,678 shares of the electromedical & electrotherapeutic apparatus company at the end of 2017Q2, valued at $4.50 million, down from 56,178 at the end of the previous reported quarter. Thompson Rubinstein Investment Management Inc who had been investing in Medtronic Plc for a number of months, seems to be less bullish one the $110.99B market cap company. The stock increased 0.90% or $0.73 during the last trading session, reaching $82. About 4.86 million shares traded. Medtronic plc (NYSE:MDT) has risen 4.04% since December 12, 2016 and is uptrending. It has underperformed by 12.66% the S&P500.

Among 27 analysts covering Medtronic (NYSE:MDT), 17 have Buy rating, 0 Sell and 10 Hold. Therefore 63% are positive. Medtronic had 74 analyst reports since August 10, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Hold” rating and $85.0 target in Wednesday, November 22 report. BMO Capital Markets maintained the stock with “Buy” rating in Tuesday, August 22 report. The stock has “Buy” rating by RBC Capital Markets on Friday, September 22. RBC Capital Markets maintained the shares of MDT in report on Tuesday, September 29 with “Outperform” rating. The firm has “Outperform” rating by Credit Suisse given on Monday, November 23. The firm earned “Buy” rating on Tuesday, July 18 by Oppenheimer. On Friday, September 4 the stock rating was maintained by Jefferies with “Hold”. Needham maintained it with “Buy” rating and $93 target in Tuesday, June 7 report. The rating was maintained by BTIG Research on Tuesday, August 22 with “Hold”. SunTrust maintained it with “Buy” rating and $92.0 target in Friday, November 17 report.

Investors sentiment decreased to 0.9 in Q2 2017. Its down 0.06, from 0.96 in 2017Q1. It turned negative, as 72 investors sold MDT shares while 449 reduced holdings. 99 funds opened positions while 370 raised stakes. 1.06 billion shares or 2.23% less from 1.08 billion shares in 2017Q1 were reported. Eaton Vance accumulated 1.01M shares. Hartline has invested 0.64% in Medtronic plc (NYSE:MDT). Long Road Inv Counsel Lc reported 6,400 shares. 17,423 are owned by Stratos Wealth Prtn. First Washington holds 44,650 shares. Chilton Inv Company Llc reported 0.09% stake. New York-based Klingenstein Fields & Communications Lc has invested 1.29% in Medtronic plc (NYSE:MDT). Renaissance Llc has invested 0.05% in Medtronic plc (NYSE:MDT). Professional Advisory Service Inc owns 161,226 shares for 3.1% of their portfolio. Vnbtrust Natl Association accumulated 2,377 shares or 0.09% of the stock. Utd Cap Financial Advisers Lc invested in 0.26% or 331,280 shares. Rockefeller Svcs Inc invested in 0.09% or 48,294 shares. Vaughan David Investments Il stated it has 7,398 shares or 0.03% of all its holdings. Wellington Shields Cap Management Ltd Liability Com invested 0.06% in Medtronic plc (NYSE:MDT). Dock Street Asset Mgmt holds 0.12% of its portfolio in Medtronic plc (NYSE:MDT) for 2,973 shares.

Another recent and important Medtronic plc (NYSE:MDT) news was published by Nasdaq.com which published an article titled: “Medtronic Announces Cash Dividend for Third Quarter of Fiscal Year 2018” on December 08, 2017.

Advantus Capital Management Inc, which manages about $27.77 billion and $3.80 billion US Long portfolio, upped its stake in Southern Co/The (NYSE:SO) by 33,316 shares to 132,923 shares, valued at $6.36 million in 2017Q2, according to the filing. It also increased its holding in Retail Opportunity Investments Corp (NASDAQ:ROIC) by 32,900 shares in the quarter, for a total of 217,000 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

Investors sentiment increased to 0.68 in 2017 Q2. Its up 0.04, from 0.64 in 2017Q1. It increased, as 62 investors sold AAPL shares while 1068 reduced holdings. 129 funds opened positions while 634 raised stakes. 3.06 billion shares or 2.38% less from 3.13 billion shares in 2017Q1 were reported. Insight 2811 holds 5,471 shares. The Ontario – Canada-based Ci Invs Inc has invested 2.59% in Apple Inc. (NASDAQ:AAPL). Broderick Brian C holds 56,225 shares or 3% of its portfolio. Creative Planning reported 1.78% stake. Baystate Wealth Mgmt Ltd Liability Com reported 0.21% in Apple Inc. (NASDAQ:AAPL). Manufacturers Life Ins Communication The owns 15.70M shares or 2.76% of their US portfolio. Northwestern Mutual Wealth Mngmt invested 0.68% in Apple Inc. (NASDAQ:AAPL). Moneta Grp Invest Limited Liability Corporation accumulated 24,064 shares or 0.56% of the stock. Eidelman Virant has 1.93% invested in Apple Inc. (NASDAQ:AAPL) for 23,264 shares. Central Savings Bank invested 1.84% in Apple Inc. (NASDAQ:AAPL). Beck Mack And Oliver Limited Liability Company holds 0.36% in Apple Inc. (NASDAQ:AAPL) or 74,832 shares. Force Management Ltd Limited Liability Company accumulated 16,245 shares. Savant Limited Liability Corporation holds 1.45% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 42,652 shares. Columbus Circle Invsts reported 1.19M shares. Grubman Wealth Mngmt stated it has 0.19% of its portfolio in Apple Inc. (NASDAQ:AAPL).

Among 51 analysts covering Apple Inc. (NASDAQ:AAPL), 41 have Buy rating, 1 Sell and 9 Hold. Therefore 80% are positive. Apple Inc. had 338 analyst reports since July 21, 2015 according to SRatingsIntel. On Tuesday, July 21 the stock rating was maintained by S&P Research with “Hold”. The stock has “Buy” rating by FBN Securities on Friday, November 3. The firm has “Buy” rating given on Friday, May 26 by Piper Jaffray. The company was maintained on Friday, August 7 by FBR Capital. JP Morgan maintained Apple Inc. (NASDAQ:AAPL) on Friday, September 11 with “Buy” rating. The firm earned “Buy” rating on Monday, February 13 by Goldman Sachs. Stifel Nicolaus downgraded Apple Inc. (NASDAQ:AAPL) rating on Wednesday, October 26. Stifel Nicolaus has “Hold” rating and $115 target. Cowen & Co maintained the shares of AAPL in report on Friday, January 8 with “Market Perform” rating. On Monday, June 12 the stock rating was maintained by Bernstein with “Buy”. UBS maintained Apple Inc. (NASDAQ:AAPL) rating on Wednesday, May 31. UBS has “Buy” rating and $17000 target.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple: Pushing The Limit?” on December 11, 2017, also Fool.com with their article: “Did Apple Inc. Make a Huge Mistake in 2017?” published on December 11, 2017, Reuters.com published: “Apple aims to block climate, rights proposals with quick use of SEC guidance” on December 11, 2017. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Usnews.com and their article: “Why Apple Should Stop Selling iPhones” published on December 07, 2017 as well as Usnews.com‘s news article titled: “Apple China iPhone Shipment Data Is Deceptive” with publication date: December 01, 2017.

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