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Apple (AAPL) Receives "Buy" Rating from Royal Bank of Canada

18 March 2018

The stock was sold at an average price of $174.78, for a total transaction of $2,733,733.98.

Apple (NASDAQ:AAPL)'s stock had its "buy" rating restated by analysts at Royal Bank of Canada in a research note issued to investors on Friday, March 9th. It has outperformed by 2.22% the S&P500.

Ntv Asset Management Llc decreased its stake in Apple Inc (AAPL) by 6.47% based on its latest 2017Q3 regulatory filing with the SEC. Meyer Handelman Co bought 16,750 shares as the company's stock declined 7.81% while stock markets rallied. The hedge fund held 60,000 shares of the industrial machinery and components company at the end of 2017Q3, valued at $1.05 million, down from 102,000 at the end of the previous reported quarter. Focused Investors Llc who had been investing in Cbs Corporation for a number of months, seems to be bullish on the $19.50 billion market cap company. The stock decreased 0.11% or $0.04 during the last trading session, reaching $37. About 1.67 million shares traded or 16.56% up from the average. PHH Corporation (PHH) has risen 6.41% since March 17, 2017 and is uptrending. It has underperformed by 6.26% the S&P500.

Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. Waddell And Reed Finance reported 7.38M shares. 80 funds opened positions while 206 raised stakes. E&G Advsr LP accumulated 0.95% or 53,910 shares. Yorktown Mgmt & Research invested 0.47% of its portfolio in Bank of America Corporation (NYSE:BAC). Moreover, Bp Public has 3.31% invested in Apple Inc. S&Co Incorporated owns 94,220 shares. Mondrian Prtn Ltd has 2,650 shares for 0% of their portfolio. Kwmg Ltd Liability Company holds 0.16% or 3,186 shares. Gofen & Glossberg Limited Liability Il accumulated 409,186 shares. Stephens Inc Ar stated it has 0.01% of its portfolio in CBS Corporation (NYSE:CBS). Berkeley Capital Partners LLC now owns 4,369 shares of the iPhone maker's stock worth $629,000 after acquiring an additional 26 shares during the last quarter. Primecap Ca reported 0.34% in AT&T Inc. Wilbanks Smith And Thomas Asset Management Ltd Liability Com owns 119,348 shares or 1.55% of their USA portfolio.

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Among 31 analysts covering AT&T Inc.

Among 10 analysts covering Dave & Buster's Entertainment (NASDAQ:PLAY), 9 have Buy rating, 0 Sell and 1 Hold. Therefore 35% are positive. Dave & Buster's Entertainment had 38 analyst reports since September 9, 2015 according to SRatingsIntel.

Voya Investment Management Llc, which manages about $84.40B and $46.53 billion US Long portfolio, upped its stake in Dominos Pizza Inc (NYSE:DPZ) by 27,925 shares to 334,405 shares, valued at $66.40M in 2017Q3, according to the filing. Credit Suisse maintained Apple Inc. The stock has "Hold" rating by Deutsche Bank on Friday, September 9. The stock has "Buy" rating by CLSA on Thursday, March 10. RBC Capital Markets maintained it with "Outperform" rating and $150 target in Wednesday, October 28 report. The rating was maintained by DA Davidson on Monday, March 7 with "Buy". The firm has a market capitalization of $906,472.44, a P/E ratio of 18.30, a PEG ratio of 1.35 and a beta of 1.19. The company was upgraded on Wednesday, October 14 by M Partners. The company was maintained on Friday, November 3 by Robert W. Baird. On Thursday, October 27 the stock rating was downgraded by Hilliard Lyons to "Long-Term Buy".

Hendley & Co Inc decreased its stake in Appleinc. (NYSE:LLY) by 8,725 shares to 39,058 shares, valued at $3.34 million in 2017Q3, according to the filing. (NASDAQ:AAPL). 5,017 were reported by Ruggie Cap. Apple Inc. had 385 analyst reports since July 21, 2015 according to SRatingsIntel. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, thirty-two have assigned a buy rating and one has given a strong buy rating to the company. Therefore 64% are positive. Goldman Sachs upgraded the stock to "Conviction Buy" rating in Wednesday, November 18 report. The firm has "Buy" rating by Oppenheimer given on Wednesday, August 9. The rating was maintained by BMO Capital Markets with "Buy" on Tuesday, June 6. (NASDAQ:EA) earned "Overweight" rating by KeyBanc Capital Markets on Wednesday, January 31. Cowen & Co maintained AT&T Inc. The company was maintained on Wednesday, July 27 by BMO Capital Markets. Apple now has an average rating of "Buy" and an average price target of $201.53. FBN Securities maintained the stock with "Buy" rating in Wednesday, August 2 report. Macquarie Research maintained the shares of AAPL in report on Wednesday, October 26 with "Outperform" rating. Finally, Longbow Research lowered shares of Apple from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 17th. Moffet Nathanson downgraded the stock to "Sell" rating in Friday, April 1 report. They presently have a $205.00 price target on the iPhone maker's stock.

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Since October 3, 2017, it had 0 insider purchases, and 5 selling transactions for $26.38 million activity. Teacher Retirement System of Texas owned about 0.07% of Apple worth $518,865,000 as of its most recent filing with the Securities and Exchange Commission. (NASDAQ:AAPL) for 67.65 million shares.

In other Apple news, insider Daniel J. Riccio sold 15,641 shares of the stock in a transaction on Friday, January 5th. During the same quarter in the prior year, the firm earned $3.36 EPS. sell-side analysts forecast that Apple will post 11.43 earnings per share for the current fiscal year. (NASDAQ:AAPL) to report earnings on May, 1. The iPhone maker reported $3.89 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $3.82 by $0.07. AAPL's profit will be $13.75 billion for 16.42 P/E if the $2.71 EPS becomes a reality. After $1.83 actual EPS reported by State Street Corporation for the previous quarter, Wall Street now forecasts -14.21% negative EPS growth.

Investors of record on Monday, February 12th were issued a $0.63 dividend. Its up 0.12, from 1.03 in 2017Q2. It turned negative, as 68 investors sold BAC shares while 569 reduced holdings. 116 funds opened positions while 640 raised stakes. (NASDAQ:AAPL). Commonwealth Equity Svcs stated it has 2.63M shares or 2.43% of all its holdings. Convergence Inv Partners Ltd has 1.05% invested in Apple Inc. (NASDAQ:AAPL). Sonata Capital Grp Inc Inc has 2.04% invested in Apple Inc. Cibc owns 1.30M shares for 0.16% of their portfolio. Naples Advisors Limited Co holds 36,658 shares. (NYSE:T). Excalibur Management Corp owns 191,113 shares. Stifel Nicolaus downgraded Apple Inc.

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