Aviance Capital Partners Trimmed Its Synchrony Financial (SYF) Holding as Stock Declined; Meridian Management Co Position in Apple (AAPL) Has Trimmed by $501,750

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Aviance Capital Partners Llc decreased its stake in Synchrony Financial (SYF) by 42.32% based on its latest 2018Q3 regulatory filing with the SEC. Aviance Capital Partners Llc sold 12,765 shares as the company’s stock declined 22.44% with the market. The institutional investor held 17,397 shares of the consumer services company at the end of 2018Q3, valued at $541,000, down from 30,162 at the end of the previous reported quarter. Aviance Capital Partners Llc who had been investing in Synchrony Financial for a number of months, seems to be less bullish one the $22.08B market cap company. The stock increased 0.92% or $0.28 during the last trading session, reaching $30.72. About 1.63M shares traded. Synchrony Financial (NYSE:SYF) has declined 33.15% since February 13, 2018 and is downtrending. It has underperformed by 33.15% the S&P500. Some Historical SYF News: 15/05/2018 – Synchrony: At April 30, Net Charge-Offs as Percentage of Average Loan Receivables Was 6.3%; 22/05/2018 – Synchrony Financial Presenting at Conference May 31; 25/04/2018 – Synchrony Financial Bond Trading 2x Average; Clients Net Buyers; 15/05/2018 – Synchrony: At April 30, 30 Days-Plus Past Due Percentage Was 4.3%; 11/05/2018 – New Study Demonstrates Feasibility of Novel Mechanical Sensor in Medtronic Micra Transcatheter Pacing System to Detect Atrial Contractions and Restore AV Synchrony; 20/04/2018 – Synchrony Financial 1Q Net Interest Income $3.8B; 15/05/2018 – OMEGA ADVISORS DISSOLVES STAKE IN CEMEX SAB DE CV- SEC FILING; 20/04/2018 – Synchrony Financial 1Q Provision for Loan Losses $1.4B; 16/05/2018 – Synchrony Financial CEO ‘Very Excited’ to Have Buffett’s Backing (Video); 15/05/2018 – Synchrony: At April 30, Adjusted Net Charge-Off Rate Was 6.4%

Meridian Management Co decreased its stake in Apple Inc (AAPL) by 14.5% based on its latest 2018Q3 regulatory filing with the SEC. Meridian Management Co sold 2,230 shares as the company’s stock declined 22.32% with the market. The institutional investor held 13,148 shares of the computer manufacturing company at the end of 2018Q3, valued at $2.97M, down from 15,378 at the end of the previous reported quarter. Meridian Management Co who had been investing in Apple Inc for a number of months, seems to be less bullish one the $804.73 billion market cap company. The stock decreased 0.13% or $0.23 during the last trading session, reaching $170.66. About 12.43M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 0.17% since February 13, 2018 and is uptrending. It has outperformed by 0.17% the S&P500. Some Historical AAPL News: 19/03/2018 – Apple Could Command Higher Multiple If Services Business Grows, Says Analyst — MarketWatch; 17/05/2018 – WBTV News: #BREAKING: NC lawmakers propose business incentive changes as Apple considers major investment in Catawba County ยป; 19/04/2018 – Apple Jitters Mount Amid Concerns of Waning Smartphone Demand; 23/03/2018 – APPLE’S TIM COOK CALLS FOR CALM HEADS ON CHINA, U.S. TRADE; 09/05/2018 – U.S. drone program taps Apple, passes over Amazon, China’s DJI; 11/04/2018 – Apple CEO Tim Cook has criticized Facebook for its data practices; 18/04/2018 – Macworld: iPhone 2018 rumors: Regulatory filing points to iPhone SE2’s possible imminent release; 23/03/2018 – Express India: Apple set to introduce new iPad, education tools in Chicago; 03/04/2018 – Watchmakers Show Off Survival Tools for an Apple Age at Baselworld; 14/05/2018 – LANSDOWNE EXITED DATA, URI, CAFD, UPS, AAPL IN 1Q: 13F

Since November 19, 2018, it had 0 insider buys, and 2 insider sales for $902,607 activity. Another trade for 1,521 shares valued at $255,087 was sold by LEVINSON ARTHUR D.

Investors sentiment decreased to 0.67 in Q3 2018. Its down 0.04, from 0.71 in 2018Q2. It worsened, as 54 investors sold AAPL shares while 1030 reduced holdings. 151 funds opened positions while 577 raised stakes. 2.68 billion shares or 3.22% less from 2.77 billion shares in 2018Q2 were reported. Novare Cap Mgmt Ltd Limited Liability Company invested in 2.58% or 71,780 shares. Sarasin And Prtn Limited Liability Partnership owns 1.45% invested in Apple Inc. (NASDAQ:AAPL) for 339,762 shares. Ubs Asset Mngmt Americas invested 0% of its portfolio in Apple Inc. (NASDAQ:AAPL). Smith & Howard Wealth Mgmt Lc accumulated 0.42% or 4,405 shares. Iron Finance Limited has 3.11% invested in Apple Inc. (NASDAQ:AAPL) for 20,525 shares. Transamerica Finance Advsr, a Florida-based fund reported 2,837 shares. 65,901 are owned by Strategic. Boyd Watterson Asset Mngmt Limited Liability Corporation Oh has 18,117 shares. Adage Partners Group Inc Limited Com holds 3% or 5.96 million shares in its portfolio. Private Ocean Limited Liability, a California-based fund reported 3,855 shares. Mgmt Of Virginia Llc has invested 0.47% of its portfolio in Apple Inc. (NASDAQ:AAPL). Botty Investors Ltd Llc reported 0.06% in Apple Inc. (NASDAQ:AAPL). 41,192 are held by Mitchell Management. Bradley Foster & Sargent Inc Ct accumulated 3.51% or 457,859 shares. 1St Source Bancorporation reported 1.3% in Apple Inc. (NASDAQ:AAPL).

Meridian Management Co, which manages about $439.37M and $229.73M US Long portfolio, upped its stake in Ishares Tr (CIU) by 69,078 shares to 124,767 shares, valued at $6.63M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (IVV) by 5,678 shares in the quarter, for a total of 77,202 shares, and has risen its stake in Albemarle Corp (NYSE:ALB).

Among 58 analysts covering Apple Inc. (NASDAQ:AAPL), 31 have Buy rating, 1 Sell and 26 Hold. Therefore 53% are positive. Apple Inc. had 477 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Piper Jaffray on Tuesday, January 2. The rating was maintained by Robert W. Baird on Monday, March 5 with “Buy”. The firm earned “Buy” rating on Wednesday, January 27 by Stifel Nicolaus. As per Tuesday, August 25, the company rating was maintained by Nomura. RBC Capital Markets maintained Apple Inc. (NASDAQ:AAPL) on Friday, November 3 with “Buy” rating. Rosenblatt maintained it with “Hold” rating and $150.0 target in Tuesday, September 26 report. The stock has “Hold” rating by Barclays Capital on Friday, November 3. The firm has “Outperform” rating by Daiwa Securities given on Tuesday, August 2. The stock has “Buy” rating by BMO Capital Markets on Monday, July 24. The stock has “Buy” rating by Guggenheim on Friday, August 11.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Fool.com which released: “Good News for Apple and Fitbit: Smartwatch Adoption Is Still in the Early Innings – The Motley Fool” on February 13, 2019, also Livetradingnews.com with their article: “Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones – Live Trading News” published on February 12, 2019, Seekingalpha.com published: “Apple: Potential To Miss And Continue Downtrend – Seeking Alpha” on January 29, 2019. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Is Apple The Next Nokia? – Seeking Alpha” published on January 31, 2019 as well as Nasdaq.com‘s news article titled: “Noteworthy Wednesday Option Activity: PRO, AAPL, CARS – Nasdaq” with publication date: January 30, 2019.

More notable recent Synchrony Financial (NYSE:SYF) news were published by: Seekingalpha.com which released: “Synchrony Financial -1.8% after BofAML cuts to neutral – Seeking Alpha” on September 26, 2018, also Seekingalpha.com with their article: “Position Close Update: Synchrony Financial – Seeking Alpha” published on August 08, 2018, Seekingalpha.com published: “Synchrony Financial: Late Cycle Valuation – Seeking Alpha” on October 23, 2018. More interesting news about Synchrony Financial (NYSE:SYF) were released by: Globenewswire.com and their article: “Bragar Eagel & Squire, PC is Investigating Certain Officers and Directors of Synchrony Financial (SYF) and Encourages SYF Investors to Contact the Firm – GlobeNewswire” published on January 14, 2019 as well as Seekingalpha.com‘s news article titled: “Synchrony – Everything A Value Investor Could Want – Seeking Alpha” with publication date: August 03, 2018.

Among 30 analysts covering Synchrony Financial (NYSE:SYF), 22 have Buy rating, 0 Sell and 8 Hold. Therefore 73% are positive. Synchrony Financial had 89 analyst reports since July 20, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Friday, September 8 by Morgan Stanley. BMO Capital Markets maintained Synchrony Financial (NYSE:SYF) on Friday, October 6 with “Buy” rating. On Tuesday, July 25 the stock rating was maintained by Morgan Stanley with “Overweight”. The firm earned “Buy” rating on Wednesday, August 26 by Buckingham Research. Compass Point initiated it with “Buy” rating and $34 target in Friday, November 4 report. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, September 16. Macquarie Research initiated Synchrony Financial (NYSE:SYF) on Wednesday, May 11 with “Neutral” rating. UBS upgraded it to “Neutral” rating and $33 target in Friday, August 3 report. Barclays Capital downgraded it to “Equal-Weight” rating and $32 target in Monday, July 30 report. Deutsche Bank maintained Synchrony Financial (NYSE:SYF) rating on Wednesday, May 4. Deutsche Bank has “Buy” rating and $36 target.

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart