Apple (AAPL) Holder Naples Global Advisors Has Boosted Position; Westover Capital Advisors Decreased Its Holding in Marathon Pete (MPC) by $331,055 as Shares Rose

June 14, 2018 - By Peter Erickson

Marathon Petroleum Corporation (NYSE:MPC) Logo

Naples Global Advisors Llc increased its stake in Apple Inc (AAPL) by 6.84% based on its latest 2018Q1 regulatory filing with the SEC. Naples Global Advisors Llc bought 2,639 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 41,245 shares of the computer manufacturing company at the end of 2018Q1, valued at $6.92 million, up from 38,606 at the end of the previous reported quarter. Naples Global Advisors Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $937.81 billion market cap company. The stock increased 0.05% or $0.1 during the last trading session, reaching $190.8. About 21.48 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 14, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 17/04/2018 – Apple’s big design problem is that it is running out of space on the device’s exterior; 25/04/2018 – HP Partners With PRSA-NY to Support the Big Apple President’s Diversity Data Honor Roll Award; 25/05/2018 – Samsung has previously paid Apple $399 million to compensate for the infringement of some of the patents at issue in the case; 06/04/2018 – Apple Could Hit $1 Trillion Valuation With Curved iPhone — Barron’s Blog; 20/03/2018 – Chicago Brkg Biz: Apple flagship price tag: $170 million or more; 04/04/2018 – Consumer tech gets reprieve as U.S., China spar over tariffs; 27/03/2018 – Apple Launches Low-Cost IPad for Education, Targeting Google; 17/04/2018 – RUSSIAN COMMUNICATIONS WATCHDOG SAYS TOLD AMAZON AND GOOGLE THAT A LARGE NUMBER OF THEIR IP ADDRESSES ARE BEING BLOCKED BECAUSE OF TELEGRAM – IFAX; 27/04/2018 – $AAPL new weekly lows; 26/04/2018 – Although Apple announced earlier this month it would begin to produce its own chips by 2020, most investors weren’t overly concerned

Westover Capital Advisors Llc decreased its stake in Marathon Pete Corp (MPC) by 8.46% based on its latest 2018Q1 regulatory filing with the SEC. Westover Capital Advisors Llc sold 4,535 shares as the company’s stock rose 16.16% while stock markets declined. The institutional investor held 49,048 shares of the integrated oil company at the end of 2018Q1, valued at $3.59M, down from 53,583 at the end of the previous reported quarter. Westover Capital Advisors Llc who had been investing in Marathon Pete Corp for a number of months, seems to be less bullish one the $34.73 billion market cap company. The stock increased 0.43% or $0.32 during the last trading session, reaching $75.2. About 3.79 million shares traded. Marathon Petroleum Corporation (NYSE:MPC) has risen 46.81% since June 14, 2017 and is uptrending. It has outperformed by 34.24% the S&P500. Some Historical MPC News: 04/04/2018 – NIGERIA MPC SATISFIED WITH RETURN TO MACROECONOMIC STABILITY; 11/04/2018 – LON: POLISH MPC IS IN COMFORTABLE SITUATION; 15/03/2018 – NIGERIA MPC MEETING TO BE DELAYED BY WEEK TO 10 DAYS: GOVERNOR; 08/05/2018 – MARATHON GALVESTON BAY TEXAS REFINERY OUT OF PRODUCTION DUE TO POWER OUTAGES; 18/04/2018 – Mesoblast Clinical Program Update for MPC-150-IM in Patients With Chronic Heart Failure; 24/05/2018 – SOUTH AFRICA’S RAND ZAR=D3 STEADY AT 12.41 AGAINST DOLLAR AFTER CENTRAL BANK GOVERNOR BEGINS READING MPC STATEMENT; 19/04/2018 – INDIA MPC MEMBER DUA SAYS WITH UPSIDE RISKS TO INFLATION AND LACKLUSTRE GROWTH PROSPECTS A WAIT AND WATCHSTRATEGY WITH RESPECT TO EVOLVING RISKS ALONG WITH STATUS QUO IN INTEREST RATES RECOMMENDE…; 08/05/2018 – MARATHON, VALERO REFINERIES IN TEXAS CITY, TEXAS, LOSE POWER DUE TO SUBSTATION FIRE; 04/04/2018 – VEERATHAI: THAI MPC RATE-DECISION SPLIT ISN’T SOMETHING NEW; 17/04/2018 – Praxair Begins Supplying Hydrogen to Marathon Petroleum’s Louisiana Refinery

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple: Can Shares Double Again In 2 Years?” on June 13, 2018, also Seekingalpha.com with their article: “Apple: Biggest Launch Cycle Ever?” published on June 14, 2018, Seekingalpha.com published: “Apple cracks down on apps collecting contact data” on June 12, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Nasdaq.com and their article: “Why the AT&T Inc. Court Win Does Not Guarantee Domination” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Podcast: Apple 2018 Worldwide Developer’s Conference” with publication date: June 10, 2018.

Since January 5, 2018, it had 0 insider buys, and 12 sales for $51.10 million activity. Riccio Daniel J. also sold $3.26 million worth of Apple Inc. (NASDAQ:AAPL) shares. Shares for $6.83M were sold by Maestri Luca on Thursday, April 12. 14,976 shares were sold by Srouji Johny, worth $2.81M. Another trade for 69,491 shares valued at $11.56M was sold by SCHILLER PHILIP W. LEVINSON ARTHUR D also sold $6.51M worth of Apple Inc. (NASDAQ:AAPL) shares. Another trade for 4,867 shares valued at $910,129 was sold by KONDO CHRIS.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It worsened, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Thompson Davis Inc invested 1.09% of its portfolio in Apple Inc. (NASDAQ:AAPL). Keystone Planning invested in 10,834 shares or 1.01% of the stock. Optimum Advsr reported 66,680 shares stake. Voya Invest Mgmt Ltd Liability Corporation, Georgia-based fund reported 6.30M shares. Eos LP reported 28,385 shares or 1.26% of all its holdings. Harding Loevner LP has 1.09% invested in Apple Inc. (NASDAQ:AAPL). Capwealth Advsrs Ltd Liability Corp holds 4.31% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 141,649 shares. Investment Prtnrs Ltd Oh Adv reported 5,331 shares. Central National Bank And holds 1.81% or 43,288 shares. Jnba Fincl owns 8,911 shares for 0.1% of their portfolio. 77,171 were accumulated by Glenview Commercial Bank Dept. Victory Cap owns 424,858 shares. 12Th Street Asset Mgmt Com Llc holds 69,202 shares or 2.74% of its portfolio. Howe And Rusling has 105,768 shares. M&T Bank has 1.84 million shares for 1.66% of their portfolio.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 421 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Apple Inc. (NASDAQ:AAPL) has “Buy” rating given on Monday, February 13 by Goldman Sachs. The firm earned “Buy” rating on Monday, March 5 by Robert W. Baird. The rating was maintained by Mizuho with “Hold” on Tuesday, August 1. Susquehanna maintained Apple Inc. (NASDAQ:AAPL) on Thursday, October 22 with “Buy” rating. The rating was maintained by UBS on Monday, October 23 with “Buy”. Mizuho upgraded Apple Inc. (NASDAQ:AAPL) rating on Monday, January 11. Mizuho has “Buy” rating and $120 target. The firm earned “Buy” rating on Wednesday, January 27 by Maxim Group. BTIG Research maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, September 15. BTIG Research has “Buy” rating and $133 target. The firm earned “Hold” rating on Thursday, January 18 by Mizuho. On Wednesday, August 2 the stock rating was maintained by Credit Suisse with “Buy”.

Analysts await Marathon Petroleum Corporation (NYSE:MPC) to report earnings on July, 26. They expect $1.71 earnings per share, up 66.02% or $0.68 from last year’s $1.03 per share. MPC’s profit will be $789.81 million for 10.99 P/E if the $1.71 EPS becomes a reality. After $0.08 actual earnings per share reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts 2,037.50% EPS growth.

Westover Capital Advisors Llc, which manages about $162.39M and $183.71M US Long portfolio, upped its stake in Spdr Index Shs Fds (GWL) by 35,433 shares to 114,200 shares, valued at $3.59 million in 2018Q1, according to the filing. It also increased its holding in General Mtrs Co (NYSE:GM) by 9,350 shares in the quarter, for a total of 99,404 shares, and has risen its stake in Boeing Co (NYSE:BA).

More important recent Marathon Petroleum Corporation (NYSE:MPC) news were published by: Seekingalpha.com which released: “Reuters: Marathon Petroleum seeking EPA biofuel waiver” on May 23, 2018, also Benzinga.com published article titled: “Competing Bid Unlikely In Andeavor-Marathon Merger, Credit Suisse Says In Downgrade”, Bizjournals.com published: “Andeavor makes deal to boost expansion of ARCO gas stations in Mexico” on June 12, 2018. More interesting news about Marathon Petroleum Corporation (NYSE:MPC) was released by: Bizjournals.com and their article: “Behind The Deal: Andeavor looked to be bought while closing Western Refining acquisition” with publication date: June 04, 2018.

Among 21 analysts covering Marathon Petroleum Corp (NYSE:MPC), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Marathon Petroleum Corp had 93 analyst reports since August 10, 2015 according to SRatingsIntel. Piper Jaffray maintained the stock with “Buy” rating in Thursday, July 13 report. The stock has “Outperform” rating by Oppenheimer on Wednesday, November 25. The firm has “Buy” rating given on Thursday, August 31 by RBC Capital Markets. The rating was downgraded by Tudor Pickering to “Hold” on Friday, May 18. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, January 30. Goldman Sachs upgraded the stock to “Buy” rating in Tuesday, February 13 report. The stock of Marathon Petroleum Corporation (NYSE:MPC) earned “Buy” rating by Citigroup on Wednesday, October 18. The firm has “Buy” rating by Jefferies given on Thursday, June 22. RBC Capital Markets maintained it with “Buy” rating and $7100 target in Thursday, July 27 report. JP Morgan maintained the shares of MPC in report on Monday, April 9 with “Overweight” rating.

Investors sentiment decreased to 0.9 in 2018 Q1. Its down 0.06, from 0.96 in 2017Q4. It worsened, as 52 investors sold MPC shares while 322 reduced holdings. 98 funds opened positions while 239 raised stakes. 354.13 million shares or 3.74% less from 367.91 million shares in 2017Q4 were reported. Wilbanks Smith Thomas Asset Mngmt Llc reported 3,957 shares or 0.02% of all its holdings. Duncker Streett And Company Inc accumulated 730 shares. Exane Derivatives invested in 135 shares. First Wilshire Inc accumulated 4,986 shares. Westpac Bk has 0% invested in Marathon Petroleum Corporation (NYSE:MPC) for 136,327 shares. E&G Advsrs Limited Partnership accumulated 6,300 shares. Tortoise Cap Advsrs Limited Liability Corporation accumulated 38,641 shares. 1832 Asset Management Limited Partnership has invested 0.03% in Marathon Petroleum Corporation (NYSE:MPC). Third Point Limited Liability Corporation invested in 1.1% or 2.00M shares. Country Bancorp invested 0.04% of its portfolio in Marathon Petroleum Corporation (NYSE:MPC). Telemark Asset Mngmt Limited reported 210,000 shares. 46,180 are owned by Nippon Life Investors Americas. Westwood Group Inc stated it has 42,200 shares or 0.03% of all its holdings. Morgan Stanley invested 0.07% in Marathon Petroleum Corporation (NYSE:MPC). Capital One Association, New York-based fund reported 12,534 shares.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Posts

>