Apple Inc (AAPL) : Bainco International Investors scooped up 2,510 additional shares in Apple Inc during the Q4 period, according to a recent disclosure to the SEC. The investment management firm now holds a total of 125,797 shares of Apple Inc which is valued at $13.3 Million.Apple Inc makes up approximately 3.14% of Bainco International Investors’s portfolio.
Other Hedge Funds, Including , Caisse De Depot Et Placement Du Quebec reduced its stake in AAPL by selling 159,000 shares or 4.75% during the fourth quarter. The Hedge Fund company now holds 3,190,200 shares of AAPL which is valued at $337.9 Million. Apple Inc makes up approx 0.89% of Caisse De Depot Et Placement Du Quebec’s portfolio.Pioneer Investment Management Inc boosted its stake in AAPL during the Q4 period, The investment management firm added 1,507,802 additional shares and now holds a total of 7,819,671 shares of Apple Inc which is valued at $828.3 Million. Apple Inc makes up approx 3.20% of Pioneer Investment Management Inc’s portfolio.Tower Research Capital (trc) reduced its stake in AAPL by selling 15,960 shares or 99.38% during the fourth quarter. The Hedge Fund company now holds 100 shares of AAPL which is valued at $10,592.Rench Wealth Management boosted its stake in AAPL during the Q4 period, The investment management firm added 157 additional shares and now holds a total of 62,893 shares of Apple Inc which is valued at $6.7 Million. Apple Inc makes up approx 5.50% of Rench Wealth Management’s portfolio. Secor Capital Advisors Lp added AAPL to its portfolio by purchasing 8,357 company shares during the Fourth Quarter which is valued at $885,173. Apple Inc makes up approx 0.28% of Secor Capital Advisors Lp’s portfolio.
On the company’s financial health, Apple Inc reported $3.28 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jan 26, 2016. Analyst had a consensus of $3.23. The company had revenue of $75872.00 million for the quarter, compared to analysts expectations of $76596.37 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.06 EPS.
Many Wall Street Analysts have commented on Apple Inc. Shares were Reiterated by Credit Agricole on Mar 10, 2016 to “Buy” and Lowered the Price Target to $ 128 from a previous price target of $130 .Shares were Reiterated by Pacific Crest on Mar 7, 2016 to “Overweight” and Lowered the Price Target to $ 127 from a previous price target of $132 .Shares were Reiterated by Morgan Stanley on Jan 27, 2016 to “Overweight” and Lowered the Price Target to $ 135 from a previous price target of $143 .
Apple Inc closed down -0.01 points or -0.01% at $105.91 with 3,55,02,678 shares getting traded on Monday. Post opening the session at $105.93, the shares hit an intraday low of $105.1401 and an intraday high of $107.65 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Apple Inc. (Apple) designs manufactures and markets mobile communication and media devices personal computers and portable digital music players and a variety of related software services peripherals networking solutions and third-party digital content and applications. The Company's products and services include iPhone iPad Mac iPod Apple TV a portfolio of consumer and professional software applications the iOS and OS X operating systems iCloud and a variety of accessory service and support offerings. The Company also delivers digital content and applications through the iTunes Store App StoreSM iBookstoreSM and Mac App Store. The Company distributes its products worldwide through its retail stores online stores and direct sales force as well as through third-party cellular network carriers wholesalers retailers and value-added resellers. In February 2012 the Company acquired app-search engine Chomp.