Mount Vernon Associates Upped Holding in Apple (AAPL); Centerbridge Partners LP Has Upped Ambac Finl Group (AMBC) Holding by $13.12 Million as Share Price Declined

February 15, 2018 - By Kurt Siggers

Mark T. Gallogly increased its stake in Ambac Finl Group Inc (AMBC) by 4736.71% based on its latest 2017Q3 regulatory filing with the SEC. Centerbridge Partners Lp bought 771,562 shares as the company’s stock declined 26.71% while stock markets rallied. The hedge fund run by Mark T. Gallogly held 787,851 shares of the finance company at the end of 2017Q3, valued at $13.60M, up from 16,289 at the end of the previous reported quarter. Centerbridge Partners Lp who had been investing in Ambac Finl Group Inc for a number of months, seems to be bullish on the $719.04M market cap company. The stock increased 6.57% or $0.98 during the last trading session, reaching $15.89. About 378,575 shares traded. Ambac Financial Group, Inc. (NASDAQ:AMBC) has risen 2.68% since February 15, 2017 and is uptrending. It has underperformed by 14.02% the S&P500.

Mount Vernon Associates Inc increased its stake in Apple Inc. (AAPL) by 8.2% based on its latest 2017Q3 regulatory filing with the SEC. Mount Vernon Associates Inc bought 2,333 shares as the company’s stock rose 12.78% with the market. The institutional investor held 30,785 shares of the computer manufacturing company at the end of 2017Q3, valued at $4.75 million, up from 28,452 at the end of the previous reported quarter. Mount Vernon Associates Inc who had been investing in Apple Inc. for a number of months, seems to be bullish on the $849.24 billion market cap company. The stock increased 1.84% or $3.03 during the last trading session, reaching $167.37. About 40.64M shares traded or 22.24% up from the average. Apple Inc. (NASDAQ:AAPL) has risen 62.48% since February 15, 2017 and is uptrending. It has outperformed by 45.78% the S&P500.

Among 2 analysts covering Ambac Financial Group Inc. (NASDAQ:AMBC), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ambac Financial Group Inc. had 10 analyst reports since August 12, 2015 according to SRatingsIntel. As per Wednesday, June 21, the company rating was maintained by BTIG Research. The company was maintained on Monday, January 22 by BTIG Research. As per Monday, December 19, the company rating was downgraded by M Partners. The rating was upgraded by BTIG Research to “Buy” on Thursday, March 2. The stock of Ambac Financial Group, Inc. (NASDAQ:AMBC) earned “Buy” rating by BTIG Research on Monday, February 5. M Partners maintained the shares of AMBC in report on Tuesday, December 13 with “Neutral” rating. The stock has “Neutral” rating by M Partners on Friday, May 12. The stock has “Buy” rating by BTIG Research on Thursday, November 9.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.02, from 0.68 in 2017Q2. It is positive, 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. J Goldman & Com Lp holds 0.54% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 69,800 shares. Valicenti Advisory Incorporated has invested 5.19% in Apple Inc. (NASDAQ:AAPL). Jlb Associates Inc has invested 3.15% in Apple Inc. (NASDAQ:AAPL). Shufro Rose & Communications Ltd has invested 1.18% of its portfolio in Apple Inc. (NASDAQ:AAPL). Dekabank Deutsche Girozentrale invested in 2.11 million shares. Td Cap Management Ltd Llc has 0.22% invested in Apple Inc. (NASDAQ:AAPL) for 5,051 shares. Hamel Associates Incorporated has invested 3.79% of its portfolio in Apple Inc. (NASDAQ:AAPL). Regions Corp stated it has 1.03% of its portfolio in Apple Inc. (NASDAQ:AAPL). 24,320 were accumulated by Carlton Hofferkamp & Jenks Wealth Mngmt Ltd Liability Company. Stevens Capital Mngmt LP reported 0.52% of its portfolio in Apple Inc. (NASDAQ:AAPL). Madrona Serv Ltd Liability Corp stated it has 4,659 shares or 0.66% of all its holdings. Warren Averett Asset Ltd Com, a Alabama-based fund reported 28,982 shares. Wells Fargo & Mn owns 29.12 million shares for 1.39% of their portfolio. Panagora Asset Management Inc holds 3.4% in Apple Inc. (NASDAQ:AAPL) or 5.57M shares. Moon Mngmt Ltd Liability Corporation reported 1.5% stake.

Among 53 analysts covering Apple Inc. (NASDAQ:AAPL), 35 have Buy rating, 1 Sell and 17 Hold. Therefore 66% are positive. Apple Inc. had 377 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, August 2, the company rating was maintained by Needham. The firm has “Overweight” rating by Barclays Capital given on Friday, July 15. The company was maintained on Friday, September 4 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Monday, September 28. The rating was maintained by UBS with “Buy” on Monday, October 23. S&P Research maintained Apple Inc. (NASDAQ:AAPL) rating on Tuesday, July 21. S&P Research has “Hold” rating and $150 target. The stock has “Overweight” rating by Piper Jaffray on Wednesday, April 27. Citigroup maintained Apple Inc. (NASDAQ:AAPL) on Wednesday, July 27 with “Buy” rating. The firm has “Buy” rating by Susquehanna given on Thursday, October 22. Morgan Stanley maintained the stock with “Overweight” rating in Tuesday, January 23 report.

Since August 15, 2017, it had 0 buys, and 7 insider sales for $70.47 million activity. Shares for $1.01 million were sold by KONDO CHRIS. On Tuesday, October 3 AHRENDTS ANGELA J sold $9.78M worth of Apple Inc. (NASDAQ:AAPL) or 63,388 shares. 268,623 shares were sold by COOK TIMOTHY D, worth $43.15M. 5,892 shares valued at $948,612 were sold by Srouji Johny on Monday, August 28. Another trade for 56,808 shares valued at $8.79 million was made by SCHILLER PHILIP W on Tuesday, October 3.

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:


>