Tiemann Investment Advisors Has Increased Its Apple (AAPL) Position by $302,604; Lear (LEA) Stock Value Rose While Stratos Wealth Partners LTD Has Trimmed Position

August 12, 2018 - By Margaret Guttierez

Lear Corporation (NYSE:LEA) Logo

Stratos Wealth Partners Ltd decreased its stake in Lear Corp (LEA) by 94.34% based on its latest 2018Q1 regulatory filing with the SEC. Stratos Wealth Partners Ltd sold 5,836 shares as the company’s stock rose 2.38% while stock markets declined. The institutional investor held 350 shares of the o.e.m. company at the end of 2018Q1, valued at $65,000, down from 6,186 at the end of the previous reported quarter. Stratos Wealth Partners Ltd who had been investing in Lear Corp for a number of months, seems to be less bullish one the $11.31B market cap company. The stock decreased 1.48% or $2.59 during the last trading session, reaching $172.61. About 487,495 shares traded. Lear Corporation (NYSE:LEA) has risen 37.02% since August 12, 2017 and is uptrending. It has outperformed by 24.45% the S&P500. Some Historical LEA News: 26/04/2018 – LEAR CORP LEA.N SEES FY 2018 SALES $21.8 BLN TO $22 BLN; 02/05/2018 – Globe Mail [Reg]: Lear Corp. factory strike halts car production at Fiat Chrysler’s Brampton assembly plant; 23/04/2018 – UNIFOR DELIVERS STRIKE MANDATE TO FCAU SUPPLIER LEAR AJAX; 05/04/2018 – Andrew Smith Joins Lear Investment Management As Research Analyst; 14/05/2018 – Moody’s Affirms Lear’s Ratings, Senior Unsecured At Baa3; Outlook Revised To Positive; 26/04/2018 – LEAR CORP SEES FULL YEAR 2018 PRETAX OPERATIONAL RESTRUCTURING COSTS ARE ESTIMATED TO BE $70 MLN; 06/04/2018 – INTERNATIONAL AUTOMOTIVE – AS PART OF RECAPITALIZATION, IAC TO ISSUE $215 MLN SENIOR SECURED NOTES DUE APRIL 2023 TO FUNDS MANAGED BY GAMUT CAPITAL; 26/04/2018 – Lear 1Q Adj EPS $5.10; 27/04/2018 – Lear Corporation Recognized by General Motors as “Supplier of the Year for Complete Seat”; 06/04/2018 – CAFC: NHK SEATING OF AMERICA, INC. v. LEAR CORPORATION [RULE 36 JUDGMENT] – Appeal #17-1888 – 2018-04-06

Tiemann Investment Advisors Llc increased its stake in Apple Inc (AAPL) by 5.96% based on its latest 2018Q1 regulatory filing with the SEC. Tiemann Investment Advisors Llc bought 1,812 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 32,220 shares of the computer manufacturing company at the end of 2018Q1, valued at $5.41M, up from 30,408 at the end of the previous reported quarter. Tiemann Investment Advisors Llc who had been investing in Apple Inc for a number of months, seems to be bullish on the $ market cap company. The stock decreased 0.30% or $0.62 during the last trading session, reaching $207.53. About 22.84 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since August 12, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 01/05/2018 – Apple’s services revenue topped $9 billion in the March quarter; 28/03/2018 – APPLE INC AAPL.O : GOLDMAN SACHS REDUCES IPHONE SALES ESTIMATE FOR JUNE QTR BY 3.2 MLN UNITS TO 40.3 MLN UNITS; 07/05/2018 – MUNGER LIKENS BITCOIN TO OSCAR WILDE’S DEFINITION OF FOX HUNTING, CALLING IT “THE PURSUIT OF THE UNEATABLE BY THE UNSPEAKABLE”; 01/05/2018 – APPLE SAYS NEW FEATURES, MARKETS COMING TO HOMEPOD SPEAKER SOON; 12/04/2018 – IGNORE: VIRNETX AWARD VS APPLE PREVIOUSLY REPORTED; 20/04/2018 – Apple’s iPhone X is likely to be discontinued this year, Mirabaud analyst Neil Campling said; 11/04/2018 – Caldwell Cassady & Curry Helps VirnetX Win $502.6 Million Verdict Against Apple; 04/04/2018 – New York Post: Eli Apple can start all over; 02/05/2018 – NOVUS THERAPEUTICS HOLDER APPLE TREE CUT STAKE TO 8.1% VS ~9.4%; 04/05/2018 – Since then, designers including Coach, Kate Spade and Nike also have partnered with Apple to create trendy bands at high price points

Since February 16, 2018, it had 0 insider buys, and 13 selling transactions for $47.12 million activity. 21,415 shares were sold by DiDonato Thomas A, worth $4.07 million. $3.88M worth of Lear Corporation (NYSE:LEA) shares were sold by Vanneste Jeffrey H.. FOSTER JONATHAN F sold $508,088 worth of Lear Corporation (NYSE:LEA) on Tuesday, May 22. Shares for $1.27 million were sold by Kunkel Jay K. on Friday, February 16. Another trade for 100,000 shares valued at $19.01M was made by Simoncini Matthew on Friday, February 16. Shares for $4.13 million were sold by Orsini Frank C.

Investors sentiment decreased to 0.93 in 2018 Q1. Its down 0.03, from 0.96 in 2017Q4. It fall, as 23 investors sold LEA shares while 193 reduced holdings. 64 funds opened positions while 136 raised stakes. 55.69 million shares or 4.05% less from 58.04 million shares in 2017Q4 were reported. Daiwa Securities reported 0.01% of its portfolio in Lear Corporation (NYSE:LEA). 10,551 are held by Investec Asset North America Inc. Seizert Capital Prtnrs Ltd owns 65,984 shares or 0.45% of their US portfolio. Regions Fincl accumulated 0.01% or 3,189 shares. Tarbox Family Office holds 0% of its portfolio in Lear Corporation (NYSE:LEA) for 12 shares. Raymond James Trust Na has 0.05% invested in Lear Corporation (NYSE:LEA). Hennessy Advisors reported 20,700 shares. Department Mb National Bank & Trust N A has 115 shares. 2,400 were accumulated by Old Mutual Customised Solutions (Proprietary) Limited. Systematic Fincl Management Limited Partnership owns 2,225 shares. Mackay Shields Limited Liability Company reported 28,337 shares or 0.03% of all its holdings. Moreover, Voloridge Invest Mgmt Ltd Company has 0.02% invested in Lear Corporation (NYSE:LEA). Wesbanco Bancorporation invested 0.29% of its portfolio in Lear Corporation (NYSE:LEA). Fuller Thaler Asset Mngmt has invested 0% in Lear Corporation (NYSE:LEA). California-based Fdx has invested 0.06% in Lear Corporation (NYSE:LEA).

More notable recent Lear Corporation (NYSE:LEA) news were published by: Seekingalpha.com which released: “Auto supplier sector on watch” on July 25, 2018, also Seekingalpha.com with their article: “Lear Corporation 2018 Q2 – Results – Earnings Call Slides” published on July 26, 2018, Benzinga.com published: “Auto Supplier Pair Trade: Buy Lear, Sell Adient” on July 31, 2018. More interesting news about Lear Corporation (NYSE:LEA) were released by: Benzinga.com and their article: “Lear’s Q2 Earnings Preview” published on July 25, 2018 as well as Nasdaq.com‘s news article titled: “Report: Exploring Fundamental Drivers Behind Investors, WPX Energy, Interactive Brokers Group, Lear, Union Pacific …” with publication date: August 09, 2018.

Analysts await Lear Corporation (NYSE:LEA) to report earnings on October, 24. They expect $4.22 earnings per share, up 6.57% or $0.26 from last year’s $3.96 per share. LEA’s profit will be $276.46M for 10.23 P/E if the $4.22 EPS becomes a reality. After $4.95 actual earnings per share reported by Lear Corporation for the previous quarter, Wall Street now forecasts -14.75% negative EPS growth.

Among 21 analysts covering Lear Corporation (NYSE:LEA), 13 have Buy rating, 1 Sell and 7 Hold. Therefore 62% are positive. Lear Corporation had 84 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Tuesday, June 21. On Thursday, April 20 the stock rating was upgraded by Robert W. Baird to “Outperform”. Barclays Capital maintained Lear Corporation (NYSE:LEA) on Thursday, July 27 with “Equal-Weight” rating. The rating was maintained by Cowen & Co with “Buy” on Friday, January 26. The rating was maintained by Barclays Capital with “Equal-Weight” on Tuesday, April 17. On Tuesday, September 26 the stock rating was downgraded by Buckingham Research to “Neutral”. On Tuesday, April 11 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Buy” rating on Monday, September 25 by Cowen & Co. The stock of Lear Corporation (NYSE:LEA) earned “Buy” rating by Citigroup on Wednesday, February 14. The firm has “Buy” rating by Longbow given on Friday, April 27.

Stratos Wealth Partners Ltd, which manages about $2.15B and $2.37B US Long portfolio, upped its stake in Vanguard Index Fds (VV) by 20,646 shares to 47,425 shares, valued at $5.75 million in 2018Q1, according to the filing. It also increased its holding in Vanguard Bd Index Fd Inc (BSV) by 16,071 shares in the quarter, for a total of 86,876 shares, and has risen its stake in Aflac Inc (NYSE:AFL).

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 36 have Buy rating, 1 Sell and 19 Hold. Therefore 64% are positive. Apple Inc. had 428 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained the shares of AAPL in report on Friday, February 2 with “Buy” rating. The firm earned “Buy” rating on Monday, June 19 by Maxim Group. Atlantic Securities downgraded the shares of AAPL in report on Monday, January 22 to “Neutral” rating. The rating was maintained by KeyBanc Capital Markets with “Hold” on Wednesday, May 2. The rating was maintained by Morgan Stanley with “Overweight” on Tuesday, September 19. As per Friday, June 8, the company rating was maintained by Argus Research. The firm earned “Hold” rating on Wednesday, October 26 by Stifel Nicolaus. The firm has “Buy” rating by Morgan Stanley given on Wednesday, May 2. The firm has “Buy” rating given on Tuesday, September 22 by Robert W. Baird. The firm has “Outperform” rating given on Wednesday, July 27 by RBC Capital Markets.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Apple Delivers Solid Results” on July 31, 2018, also Nasdaq.com with their article: “Qualcomm to Unveil Smartwatch Processor Sept. 10” published on August 09, 2018, Seekingalpha.com published: “Could Apple Still Be Undervalued? (With Investing City)” on August 08, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Fool.com and their article: “2 Great Income Stocks That Could Double Their Dividends” published on August 12, 2018 as well as Seekingalpha.com‘s news article titled: “Free speech debate among Big Tech” with publication date: August 07, 2018.

Since April 3, 2018, it had 0 insider buys, and 13 selling transactions for $52.58 million activity. WILLIAMS JEFFREY E sold 15,652 shares worth $2.98 million. AHRENDTS ANGELA J also sold $6.75 million worth of Apple Inc. (NASDAQ:AAPL) on Thursday, May 3. SCHILLER PHILIP W sold 69,491 shares worth $11.56 million. $6.51M worth of Apple Inc. (NASDAQ:AAPL) was sold by LEVINSON ARTHUR D on Wednesday, May 9. On Wednesday, April 4 Riccio Daniel J. sold $2.94 million worth of Apple Inc. (NASDAQ:AAPL) or 17,375 shares. KONDO CHRIS sold $910,129 worth of stock or 4,867 shares.

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. Bluefin Trading Limited Liability Com holds 0.29% in Apple Inc. (NASDAQ:AAPL) or 25,484 shares. 24 are owned by C M Bidwell And Assoc Ltd. Bokf Na accumulated 331,970 shares or 1.58% of the stock. Ar Asset Mgmt, California-based fund reported 76,615 shares. Lee Danner & Bass holds 2.56% or 146,642 shares. 2.28M are held by Guggenheim Cap Ltd Liability Corporation. Norman Fields Gottscho Ltd Limited Liability Company holds 3.42% or 37,278 shares in its portfolio. 4.41M were reported by Fred Alger Management Inc. Adage Capital Partners Grp Inc Lc owns 2.61% invested in Apple Inc. (NASDAQ:AAPL) for 6.68M shares. Banque Pictet & Cie reported 695,566 shares stake. Ckw Gp owns 385 shares for 0.01% of their portfolio. Ativo Mngmt Ltd Co accumulated 17,133 shares. Harvest Mgmt Ltd invested 0.2% in Apple Inc. (NASDAQ:AAPL). Atwood & Palmer Incorporated reported 117,653 shares. Wharton Business Grp Inc Llc holds 2.75% in Apple Inc. (NASDAQ:AAPL) or 158,507 shares.

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