Apple's (AAPL) Buy Rating Reiterated at Citigroup Inc

Marco Green
September 25, 2017

Financial Counselors Inc sold 3,305 shares as Apple Inc (AAPL)'s stock rose 12.78%. Principal Financial Group Inc. now owns 10,582,632 shares of the iPhone maker's stock valued at $1,524,110,000 after purchasing an additional 2,138,928 shares during the last quarter.

On September 22 PiperJaffray maintained a stock rating of "Overweight" and raised the price expectation to $196.00 from $150.00.

The stock last traded at $151.14 which is just under the 50 day moving average of $159.51 and slightly over the 200 day moving average of $149.86.

Trust Company Of Toledo Na increased Coca (KO) stake by 13.14% reported in 2017Q2 SEC filing. About shares traded. EXCO Resources Inc (NYSE:XCO) has declined 39.26% since September 25, 2016 and is downtrending. The stock increased 0.20% or $0.09 on September 22, reaching $45.49. About 5,355 shares traded. It has underperformed by 17.65% the S&P500.

Since April 1, 2017, it had 0 insider buys, and 14 sales for $66.31 million activity. Its down 9.69% from 180,600 shares previously. Macquarie Research maintained Apple Inc. (NASDAQ:AAPL). South Dakota Council stated it has 1.14M shares. Windward Management Ca has invested 7.81% in Apple Inc. (NASDAQ:AAPL) or 64,500 shares. (NASDAQ:AAPL) or 87,019 shares. Riccio Daniel J. had sold 11,949 shares worth $1.86 million on Tuesday, May 16. Watch? Nope, It's All About iPhone" published on September 25, 2017 as well as Fool.com's news article titled: "Apple Inc.'s Samsung Problem" with publication date: "September 21, 2017. (NASDAQ:AAPL) rating on Friday, October 23.

Investors sentiment increased to 0.68 in Q2 2017. Its up 0.04, from 0.64 in 2017Q1. It is positive, as 62 investors sold AAPL shares while 1068 reduced holdings. 10,476 are owned by Hanson & Doremus. Caisse De Depot Et Placement Du Quebec has 2.43M shares for 0.85% of their portfolio. (NASDAQ:AAPL). Donaldson Cap Management Ltd Liability owns 198,699 shares or 3.24% of their USA portfolio. Budros Ruhlin & Roe has 1.96% invested in Apple Inc. Gwm Advisors LLC now holds 45,047 shares valued at $6,534,539,000. Asset Corp accumulated 4,898 shares. Moreover, Hanseatic Management Service has 4.33% invested in Apple Inc. 3G Capital Partners Lp sold 1.00 million shares as Turquoise Hill Res Ltd (TRQ)'s stock declined 20.46%. 226.80 million shares or 1.51% less from 230.28 million shares in 2017Q1 were reported. (NASDAQ:AAPL). Insight 2811 has invested 0.6% in Apple Inc. Qcm Cayman Limited invested in 0.48% or 1,470 shares. Beach Investment Mgmt Ltd Llc stated it has 2.63% of its portfolio in Apple Inc.

Baldwin Brothers Inc increased Pnc Finl Svcs Grp (NYSE:PNC) stake by 2,450 shares to 37,548 valued at $4.69M in 2017Q2. Enbridge Inc Com Isin#Ca29250n1050 (NYSE:ENB) was raised too.

Analysts await GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH) to report earnings on December, 4. Piper Jaffray maintained the shares of AAPL in report on Friday, May 26 with "Buy" rating. They expect $2.26 earnings per share, up 76.56% or $0.98 from last year's $1.28 per share. AAPL's profit will be $9.66 billion for 20.31 P/E if the $1.87 EPS becomes a reality. The hedge fund run by Wilbur Ross held 3.41M shares of the oil & gas production company at the end of 2017Q2, valued at $9.03M, down from 51.10M at the end of the previous reported quarter. The legal version of this piece can be viewed at https://www.truebluetribune.com/2017/09/25/maxim-group-reaffirms-buy-rating-for-apple-inc-aapl.html. (NASDAQ:AAPL) by 1.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. Therefore 77% are positive. AHRENDTS ANGELA J also sold $11.10 million worth of Apple Inc. Apple Inc. had 300 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup Inc. now has a $170.00 target price on the iPhone maker's stock. (NASDAQ:AAPL) has "Buy" rating given on Friday, March 24 by Needham. (The) reissued a buy rating and set a $170.00 price target on shares of Apple in a research report on Wednesday, June 21st. On Friday, September 11 the stock rating was maintained by Oppenheimer with "Outperform". Susquehanna has "Buy" rating and $155 target. The stock presently has an average rating of Buy and an average target price of $188.59. RBC Capital Markets initiated the stock with "Sector Perform" rating in Monday, July 18 report. The firm has "Hold" rating given on Friday, September 11 by Raymond James. Parametric Lc holds 11.99 million shares. $5.39 million worth of Apple Inc. It fall, as 82 investors sold NKE shares while 439 reduced holdings. 110 funds opened positions while 410 raised stakes. Bnp Paribas Arbitrage owns 32,995 shares. The SI to Supreme Industries Class A's float is 1.2%. 11,835 are held by Mountain Pacific Advisers Inc Id. Grimes Commerce owns 111,349 shares for 1.79% of their portfolio. Hussman Strategic Inc has 0.03% invested in The Coca-Cola Co (NYSE:KO). Tctc Holdg Ltd Llc invested 0.17% in The Coca-Cola Co (NYSE:KO). The dividend was $0.630 per share for the quarter which comes to $2.52 on an annualized basis. (NYSE:XCO), 1 have Buy rating, 0 Sell and 1 Hold. The stock has "Buy" rating by Bernstein on Wednesday, September 13. The firm has "Neutral" rating by Bank of America given on Thursday, August 27. The firm has a market capitalization of $784.55 billion, a price-to-earnings ratio of 17.24 and a beta of 1.27. Credit Agricole downgraded the stock to "Underperform" rating in Tuesday, July 28 report. The company was downgraded on Tuesday, January 24 by Barclays Capital. The stock of GW Pharmaceuticals PLC- ADR (NASDAQ:GWPH) has "Buy" rating given on Monday, September 26 by Cantor Fitzgerald. Vetr upgraded it to "Hold" rating and $42.01 target in Monday, August 24 report.

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