Wealthtrust Axiom Has Boosted Apple (AAPL) Holding; Conocophillips (COP) Sentiment Is 0.67

June 20, 2018 - By Robert Davis

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Conocophillips (COP) investors sentiment decreased to 0.67 in 2018 Q1. It’s down -0.05, from 0.72 in 2017Q4. The ratio worsened, as 403 active investment managers increased and started new holdings, while 606 sold and decreased their stakes in Conocophillips. The active investment managers in our database now hold: 805.59 million shares, down from 805.62 million shares in 2017Q4. Also, the number of active investment managers holding Conocophillips in top ten holdings increased from 12 to 15 for an increase of 3. Sold All: 51 Reduced: 555 Increased: 302 New Position: 101.

Wealthtrust Axiom Llc increased Apple Inc (AAPL) stake by 65.7% reported in 2018Q1 SEC filing. Wealthtrust Axiom Llc acquired 12,480 shares as Apple Inc (AAPL)’s stock rose 5.37%. The Wealthtrust Axiom Llc holds 31,475 shares with $5.28 million value, up from 18,995 last quarter. Apple Inc now has $917.41 billion valuation. The stock increased 0.52% or $0.96 during the last trading session, reaching $186.65. About 13.42M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since June 20, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: ; 11/04/2018 – Lance Ulanoff: New Apple Music Head Named as Service Surpasses 40 Million Subscribers; 23/03/2018 – Apple reportedly unveiling a cheaper iPad next week. via @verge; 16/03/2018 – Apple to Make Education-Related Announcement on March 27; 15/05/2018 – APPALOOSA EXITED AAPL, CMCSA, MHK, VST, CSX IN 1Q: 13F; 30/04/2018 – 9to5Mac: Prolific Apple supply chain analyst Ming-Chi Kuo departs KGI Securities, likely to focus on companies other than Apple; 09/04/2018 – APPLE GLOBALLY POWERED BY 100% RENEWABLE ENERGY, UP FROM 96%; 26/03/2018 – Techmeme: Since October, Apple has signed 12 TV projects, nine of them “straight-to-series”; sources say the company aims to; 21/05/2018 – Express UK: Amazon Echo rival – Apple could be planning to launch a much cheaper HomePod; 14/05/2018 – Foxconn, the world’s largest contract electronics maker and supplier to Apple, posted a 14.5 percent fall in first-quarter net profit; 24/03/2018 – Apple’s Tim Cook Calls for More Regulations on Data Privacy

Analysts await ConocoPhillips (NYSE:COP) to report earnings on July, 26. They expect $0.92 earnings per share, up 557.14% or $0.78 from last year’s $0.14 per share. COP’s profit will be $1.08B for 18.27 P/E if the $0.92 EPS becomes a reality. After $0.96 actual earnings per share reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth.

ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas , and natural gas liquids worldwide. The company has market cap of $78.66 billion. The Company’s portfolio includes North American tight oil and oil sands assets; lower-risk conventional assets in North America, Europe, Asia, and Australia; various LNG developments; and an inventory of conventional and unconventional exploration prospects. It currently has negative earnings.

More recent ConocoPhillips (NYSE:COP) news were published by: Benzinga.com which released: “A Look Back At What’s Happened To Each Sector Through The First Half Of 2018 (Part 2)” on June 19, 2018. Also Seekingalpha.com published the news titled: “Stocks To Watch: Don’t Sleep On Vienna” on June 16, 2018. Fool.com‘s news article titled: “ConocoPhillips and Chevron Stock Win Analysts’ Favor: What You Need to Know” with publication date: June 11, 2018 was also an interesting one.

The stock increased 1.46% or $0.97 during the last trading session, reaching $67.23. About 3.92M shares traded. ConocoPhillips (COP) has risen 45.33% since June 20, 2017 and is uptrending. It has outperformed by 32.76% the S&P500. Some Historical COP News: ; 28/03/2018 – CONOCOPHILLIPS – EARLY RESULTS OF TENDER OFFER CO TO PURCHASE UP TO $400 MLN IN AGGREGATE PRINCIPAL AMOUNT OF OUTSTANDING DEBT SECURITIES; 26/04/2018 – Conoco sues to enforce $2 bln award that Venezuela scorns; 07/05/2018 – New attachment order by Conoco expected in Curacao in coming days; 14/03/2018 – ConocoPhillips Announces Cash Tender Offer for Up to $400M of Debt Securities; 06/05/2018 – Report on Business: ConocoPhillips moves to take over Venezuelan PDVSA’s Caribbean assets; 30/04/2018 – ConocoPhillips: Offer Price of $54/Share Is About 17.9 % Lower Than $65.79 Closing Share Price on April 20; 15/05/2018 – ConocoPhillips ‘not close’ to recouping $2 bln from PDVSA- CEO; 08/05/2018 – Venezuela’s PDVSA diverts crude tanker from Curacao -shipper, data; 26/04/2018 – Venezuela hails $2 bln award as “tough lesson” for Conoco; 23/05/2018 – Lee Saks: COURT IN ARUBA LIFTS CONOCOPHILLIPS SEIZURES AFFECTING TWO CITGO PETROLEUM CRUDE, FUEL CARGOES – SOURCE: RTRS. #OOTT

Since January 1, 0001, it had 0 insider purchases, and 8 selling transactions for $20.96 million activity.

Carval Investors Llc holds 5.74% of its portfolio in ConocoPhillips for 51,800 shares. Adams Natural Resources Fund Inc. owns 558,600 shares or 5.34% of their US portfolio. Moreover, Royal Bank Of Scotland Group Plc has 5.12% invested in the company for 405,476 shares. The Connecticut-based Tide Point Capital Management Lp has invested 4.4% in the stock. Foundation Resource Management Inc, a Arkansas-based fund reported 364,625 shares.

Ratings analysis reveals 75% of ConocoPhillips’s analysts are positive. Out of 8 Wall Street analysts rating ConocoPhillips, 6 give it “Buy”, 1 “Sell” rating, while 1 recommend “Hold”. COP was included in 8 notes of analysts from September 7, 2016. As per Monday, October 31, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Jefferies to “Hold” on Wednesday, September 7. The stock of ConocoPhillips (NYSE:COP) has “Underperform” rating given on Tuesday, November 15 by CLSA. On Monday, September 12 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was upgraded by Societe Generale to “Buy” on Wednesday, January 11. The company was upgraded on Monday, November 7 by Edward Jones. Goldman Sachs upgraded ConocoPhillips (NYSE:COP) on Monday, November 28 to “Buy” rating. On Friday, October 28 the stock rating was upgraded by Piper Jaffray to “Overweight”.

Since January 5, 2018, it had 0 insider buys, and 13 selling transactions for $52.34 million activity. On Friday, June 8 the insider WILLIAMS JEFFREY E sold $2.99 million. 17,375 Apple Inc. (NASDAQ:AAPL) shares with value of $2.94M were sold by Riccio Daniel J.. The insider AHRENDTS ANGELA J sold 38,228 shares worth $6.75M. $903,928 worth of stock was sold by Maestri Luca on Thursday, May 31. The insider KONDO CHRIS sold 4,867 shares worth $910,129. $11.56 million worth of Apple Inc. (NASDAQ:AAPL) was sold by SCHILLER PHILIP W. The insider LEVINSON ARTHUR D sold 35,000 shares worth $6.51 million.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Finance.Yahoo.com which released: “Get Apple Stock at a Trade-War Discount” on June 20, 2018, also Seekingalpha.com with their article: “My #1 Stock In The World: Apple” published on June 19, 2018, Nasdaq.com published: “Tuesday Apple Rumors: Second iOS 12 Beta Launches” on June 19, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Benzinga.com and their article: “Selling Pressure Seems Ready To Ebb A Bit, But Trade Fears Haven’t Vanished” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Apple: Conservative Price Target Of $240 (Mark Hibben)” with publication date: June 18, 2018.

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 firm has “Buy” rating by Mizuho given on Monday, February 27. Goldman Sachs maintained the shares of AAPL in report on Wednesday, October 26 with “Buy” rating. The company was maintained on Wednesday, October 26 by Credit Suisse. The stock has “Buy” rating by Robert W. Baird on Friday, September 11. FBR Capital maintained the stock with “Outperform” rating in Wednesday, January 27 report. The company was upgraded on Tuesday, June 13 by Morgan Stanley. The firm has “Buy” rating by Canaccord Genuity given on Friday, September 16. The firm earned “Overweight” rating on Wednesday, April 27 by Pacific Crest. Susquehanna maintained Apple Inc. (NASDAQ:AAPL) rating on Thursday, October 22. Susquehanna has “Buy” rating and $155 target. The stock has “Buy” rating by Oppenheimer on Friday, September 4.

Investors sentiment decreased to 0.69 in Q1 2018. Its down 0.04, from 0.73 in 2017Q4. It turned negative, 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. 44,894 are owned by Pictet Comml Bank Trust Ltd. Contour Asset Mgmt Llc accumulated 351,976 shares or 3.12% of the stock. Stadion Money Management Llc has invested 0.05% in Apple Inc. (NASDAQ:AAPL). 22,593 are held by Guyasuta Advsr Inc. Royal State Bank Of Canada reported 16.79M shares stake. Janney Montgomery Scott Limited Co invested 1.64% in Apple Inc. (NASDAQ:AAPL). Carlson Management holds 7,241 shares or 0.34% of its portfolio. 25,891 are owned by Aldebaran. Fisher Asset Mgmt Ltd Llc holds 2.4% or 12.34 million shares in its portfolio. Qcm Cayman accumulated 7.98% or 18,364 shares. Salient Lta reported 2.51% of its portfolio in Apple Inc. (NASDAQ:AAPL). State Street reported 2.81% in Apple Inc. (NASDAQ:AAPL). Pinnacle Assocs Limited stated it has 431,677 shares. Grubman Wealth reported 4,797 shares. Green Square Ltd stated it has 95,502 shares.

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