Midwest Professional Planners Adjusts Holdings in Apple Following Strong Earnings

Midwest Professional Planners LTD., an institutional investor, has adjusted its holdings in Apple Inc. (AAPL). In the first quarter, the firm sold 3,095 shares of AAPL stock, reducing its ownership by 18.8%. After this sale, Midwest Professional Planners LTD. owned 13,369 shares of Apple's stock, valued at $3,393,000.

This is not an isolated incident; other large investors have also made significant changes to their positions in AAPL. Vanguard Group Inc., for example, increased its holdings by 1.9% during the fourth quarter and now owns over 1.4 billion shares of Apple's stock, valued at $387,749,545,000.

Apple reported strong quarterly earnings on July 30th, with diluted EPS of $2.02 exceeding Wall Street expectations. The company also declared a quarterly dividend of $0.27 per share, payable August 13 to shareholders of record August 10.