Cacti Asset Management Has Lifted Automatic Data Processing In (AVT) Holding By $1.08 Million; Suntrust Banks Boosted Apache (APA) Position By $851,238

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Suntrust Banks Inc increased Apache Corp (APA) stake by 105.21% reported in 2018Q1 SEC filing. Suntrust Banks Inc acquired 22,401 shares as Apache Corp (APA)’s stock rose 9.17%. The Suntrust Banks Inc holds 43,692 shares with $1.68M value, up from 21,291 last quarter. Apache Corp now has $17.87 billion valuation. The stock increased 1.76% or $0.81 during the last trading session, reaching $46.75. About 4.92 million shares traded or 10.87% up from the average. Apache Corporation (NYSE:APA) has declined 17.67% since July 1, 2017 and is downtrending. It has underperformed by 30.24% the S&P500. Some Historical APA News: 23/04/2018 – TIBCO Extends Messaging Technology Leadership with Support for Apache Kafka and MQTT; 23/03/2018 – APACHE SEES PRODUCTION IN 1Q OF 2019; 23/03/2018 – APACHE REPORTS SIGNIFICANT NEW DISCOVERY AT GARTEN PROSPECT IN; 23/03/2018 – Apache Corp Announces Significant New Discovery at Garten Prospect in U.K. North Sea; 10/05/2018 – EPIC MIDSTREAM: APACHE & NOBLE ENERGY TO ANCHOR PIPELINE; 02/05/2018 – Apache Corp 1Q EPS 38c; 12/04/2018 – Apache Corporation Announces Appointment of Ben Rodgers as Vice President, Treasury; 22/04/2018 – DJ Apache Corporation, Inst Holders, 1Q 2018 (APA); 06/03/2018 – Databricks Announces Availability of Apache Spark 2.3 Within its Unified Analytics Platform; 02/05/2018 – Apache Corp 1Q Adj EPS 32c

Cacti Asset Management Llc increased Automatic Data Processing In (AVT) stake by 3.4% reported in 2018Q1 SEC filing. Cacti Asset Management Llc acquired 9,515 shares as Automatic Data Processing In (AVT)’s stock declined 10.23%. The Cacti Asset Management Llc holds 289,545 shares with $32.72M value, up from 280,030 last quarter. Automatic Data Processing In now has $5.06B valuation. The stock increased 0.37% or $0.16 during the last trading session, reaching $42.89. About 660,602 shares traded. Avnet, Inc. (NYSE:AVT) has risen 4.99% since July 1, 2017 and is uptrending. It has underperformed by 7.58% the S&P500. Some Historical AVT News: 19/04/2018 – DJ Avnet Inc, Inst Holders, 1Q 2018 (AVT); 26/04/2018 – Avnet Inc 3Q Adj EPS $1.02; 26/04/2018 – Avnet Inc 3Q Loss $320M; 16/05/2018 – Avnet Closes Below 200-Day Moving Average: Technicals; 19/03/2018 – Avnet Adds Programmable Logic Alternative to 96Boards Community with New Ultra96 Development Board; 15/03/2018 Avnet Boosts IoT Starter Kit Portfolio with New 4G LTE-M Development Platform; 17/04/2018 – Avnet Closes Above 50-Day Moving Average: Technicals; 22/05/2018 – Avnet Declares Regular Quarterly Dividend; 10/04/2018 – Avnet Short-Interest Ratio Rises 27% to 9 Days; 30/05/2018 – Avnet Presenting at Bank of America Conference Jun 7

Since February 13, 2018, it had 0 insider purchases, and 2 insider sales for $661,716 activity. GALLAGHER PHILIP R also sold $600,264 worth of Avnet, Inc. (NASDAQ:AVT) shares. The insider Summers Kevin V sold 1,511 shares worth $61,452.

Among 5 analysts covering Avnet (NYSE:AVT), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Avnet has $5000 highest and $3400 lowest target. $43.33’s average target is 1.03% above currents $42.89 stock price. Avnet had 8 analyst reports since January 5, 2018 according to SRatingsIntel. As per Friday, June 22, the company rating was maintained by Pivotal Research. The firm earned “Buy” rating on Friday, January 19 by Longbow. The rating was upgraded by Pivotal Research to “Buy” on Friday, June 15. SunTrust maintained Avnet, Inc. (NASDAQ:AVT) rating on Thursday, January 25. SunTrust has “Hold” rating and $46.0 target. The stock has “Sell” rating by Goldman Sachs on Wednesday, May 16. On Friday, January 5 the stock rating was upgraded by Goldman Sachs to “Neutral”. The company was upgraded on Wednesday, April 25 by Bank of America.

Investors sentiment decreased to 0.97 in 2018 Q1. Its down 0.19, from 1.16 in 2017Q4. It dropped, as 29 investors sold AVT shares while 115 reduced holdings. 50 funds opened positions while 89 raised stakes. 113.40 million shares or 2.48% more from 110.65 million shares in 2017Q4 were reported. Westwood Hldg Gru Incorporated holds 0.03% or 96,800 shares in its portfolio. Natl Bank Of Hawaii reported 12,864 shares. Huntington Fincl Bank accumulated 0% or 16 shares. Aperio Ltd Llc, California-based fund reported 148,914 shares. Wellington Mngmt Grp Inc Limited Liability Partnership invested 0% of its portfolio in Avnet, Inc. (NASDAQ:AVT). Daiwa Securities Grp Incorporated has 3,900 shares. Dekabank Deutsche Girozentrale holds 0.02% of its portfolio in Avnet, Inc. (NASDAQ:AVT) for 72,310 shares. Century Cos accumulated 724,253 shares or 0.03% of the stock. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv has invested 0.03% in Avnet, Inc. (NASDAQ:AVT). Citadel Advisors Lc holds 1.22 million shares or 0.03% of its portfolio. Nelson Van Denburg And Campbell Wealth Mngmt Grp Inc Lc accumulated 2,564 shares. Crawford Invest Counsel Inc has 0.13% invested in Avnet, Inc. (NASDAQ:AVT). Amundi Pioneer Asset invested 0% in Avnet, Inc. (NASDAQ:AVT). Wedge Mgmt L Limited Partnership Nc invested 0.01% in Avnet, Inc. (NASDAQ:AVT). Aqr Mngmt Limited Liability Company holds 0.08% of its portfolio in Avnet, Inc. (NASDAQ:AVT) for 1.89M shares.

More news for Avnet, Inc. (NASDAQ:AVT) were recently published by: Seekingalpha.com, which released: “Avnet: How To Play Defense” on June 11, 2018. Seekingalpha.com‘s article titled: “Stocks To Watch: Focus On E3, IHOP/b And The World Cup” and published on June 09, 2018 is yet another important article.

Cacti Asset Management Llc decreased Movado Group Inc (NYSE:MOV) stake by 10,000 shares to 34,775 valued at $1.16M in 2018Q1. It also reduced Procter & Gamble Co (NYSE:PG) stake by 138,434 shares and now owns 14,000 shares. Baker Hughes A Ge Co Cl A was reduced too.

Suntrust Banks Inc decreased Avalonbay Cmntys Inc (NYSE:AVB) stake by 4,699 shares to 3,086 valued at $505,000 in 2018Q1. It also reduced Vanguard World Fds (VCR) stake by 6,615 shares and now owns 4,058 shares. Berkshire Hathaway Inc Del (BRKA) was reduced too.

Since March 2, 2018, it had 2 insider buys, and 0 insider sales for $180,379 activity. 2,500 shares were bought by LOWE JOHN E, worth $95,871.

More notable recent Apache Corporation (NYSE:APA) news were published by: Seekingalpha.com which released: “Apache: The Most Undervalued Permian Producer?” on June 28, 2018, also Seekingalpha.com with their article: “Kinder Morgan, EagleClaw, Apache to develop Permian Highway Pipeline” published on June 25, 2018, Globenewswire.com published: “Apache Opens Application for 2018-2019 Tree Grant Program” on June 13, 2018. More interesting news about Apache Corporation (NYSE:APA) were released by: Nasdaq.com and their article: “3 No-Brainer Stocks to Buy in Oil and Gas” published on June 29, 2018 as well as Globenewswire.com‘s news article titled: “Report: Developing Opportunities within Darden Restaurants, Entergy, Apache, Lumentum, Phillips 66, and Dollar …” with publication date: June 26, 2018.

Investors sentiment decreased to 0.84 in Q1 2018. Its down 0.03, from 0.87 in 2017Q4. It dived, as 83 investors sold APA shares while 199 reduced holdings. 49 funds opened positions while 189 raised stakes. 354.25 million shares or 3.96% more from 340.75 million shares in 2017Q4 were reported. Tdam Usa holds 0.02% of its portfolio in Apache Corporation (NYSE:APA) for 9,233 shares. Hexavest has invested 0.17% in Apache Corporation (NYSE:APA). Colonial Tru Advsr holds 0.13% or 16,728 shares in its portfolio. Caisse De Depot Et Placement Du Quebec invested in 52,200 shares. Security Natl Tru stated it has 1,100 shares. Sumitomo Mitsui Asset Management Co holds 0.01% of its portfolio in Apache Corporation (NYSE:APA) for 26,296 shares. White Pine Inv Co holds 82,188 shares or 1.55% of its portfolio. Mirae Asset Invests has invested 0% in Apache Corporation (NYSE:APA). Highlander Capital Mgmt Ltd Liability Co holds 0.03% or 1,500 shares in its portfolio. Hl Financial Ser Ltd stated it has 0% in Apache Corporation (NYSE:APA). Glenmede Tru Communication Na has 8,624 shares. Salient Trust Lta has invested 0.28% in Apache Corporation (NYSE:APA). Moreover, Louisiana State Employees Retirement Systems has 0.04% invested in Apache Corporation (NYSE:APA) for 23,300 shares. Blair William & Il, a Illinois-based fund reported 19,520 shares. Fire Grp Inc stated it has 4,500 shares.

Among 11 analysts covering Apache (NYSE:APA), 3 have Buy rating, 2 Sell and 6 Hold. Therefore 27% are positive. Apache has $56 highest and $32.0 lowest target. $42.40’s average target is -9.30% below currents $46.75 stock price. Apache had 16 analyst reports since January 11, 2018 according to SRatingsIntel. The firm has “Hold” rating by BMO Capital Markets given on Thursday, January 11. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 23. Citigroup maintained Apache Corporation (NYSE:APA) rating on Wednesday, February 28. Citigroup has “Neutral” rating and $40 target. As per Friday, April 13, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Argus Research on Monday, June 11 to “Buy”. Stifel Nicolaus maintained Apache Corporation (NYSE:APA) on Wednesday, March 28 with “Hold” rating. The firm has “Sell” rating by Jefferies given on Monday, March 19. The firm has “Sell” rating given on Tuesday, January 30 by Jefferies. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, January 24. BMO Capital Markets maintained the shares of APA in report on Monday, February 26 with “Hold” rating.

Apache Corporation (NYSE:APA) Institutional Positions Chart