Lederer & Associates Investment Counsel Buys Martin Marietta Materials Inc, XPO Logistics Inc, AbbVie Inc, Sells CVS Health Corp, Booking Holdings Inc, S&P Global Inc

• New Purchases: MLM, XPO, ABBV, DVMT, NCLH, WELL, PFE,
• Added Positions: AWK, QCOM, SPG, XOM, NPSNY, UHAL, SYK, PYPL, MSG, MRK,
• Reduced Positions: FB, BKNG, SPGI, BLK, V, MSFT, CTSH, EMR, CSCO, UNH,
• Sold Out: CVS, MMM,

For the details of LEDERER & ASSOCIATES INVESTMENT COUNSEL's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=LEDERER+%26+ASSOCIATES+INVESTMENT+COUNSEL

1. Apple Inc (AAPL) - 33,378 shares, 5.07% of the total portfolio. Shares reduced by 0.49%
2. Microsoft Corp (MSFT) - 35,539 shares, 2.94% of the total portfolio. Shares reduced by 8.79%
3. BlackRock Inc (BLK) - 5,961 shares, 2.93% of the total portfolio. Shares reduced by 12.68%
4. Facebook Inc (FB) - 18,519 shares, 2.68% of the total portfolio. Shares reduced by 17.48%
5. Visa Inc (V) - 22,364 shares, 2.42% of the total portfolio. Shares reduced by 10.36%

Lederer & Associates Investment Counsel initiated holding in Martin Marietta Materials Inc. The purchase prices were between $201.71 and $239.96, with an estimated average price of $216.75. The stock is now traded at around $199.61. The impact to a portfolio due to this purchase was 1.51%. The holding were 8,020 shares as of 2018-03-31.

Lederer & Associates Investment Counsel initiated holding in XPO Logistics Inc. The purchase prices were between $85.04 and $104.67, with an estimated average price of $96.45. The stock is now traded at around $96.86. The impact to a portfolio due to this purchase was 1.12%. The holding were 12,100 shares as of 2018-03-31.

Lederer & Associates Investment Counsel initiated holding in AbbVie Inc. The purchase prices were between $92.01 and $123.21, with an estimated average price of $109.85. The stock is now traded at around $90.48. The impact to a portfolio due to this purchase was 1.06%. The holding were 12,325 shares as of 2018-03-31.

Lederer & Associates Investment Counsel initiated holding in Dell-VMWare Tracking Stock. The purchase prices were between $65.62 and $89.11, with an estimated average price of $76.81. The stock is now traded at around $71.90. The impact to a portfolio due to this purchase was 1%. The holding were 15,030 shares as of 2018-03-31.

Lederer & Associates Investment Counsel initiated holding in Norwegian Cruise Line Holdings Ltd. The purchase prices were between $51.4 and $60.93, with an estimated average price of $56.85. The stock is now traded at around $53.03. The impact to a portfolio due to this purchase was 0.55%. The holding were 11,525 shares as of 2018-03-31.

Lederer & Associates Investment Counsel initiated holding in Welltower Inc. The purchase prices were between $52.03 and $64.14, with an estimated average price of $56.46. The stock is now traded at around $54.49. The impact to a portfolio due to this purchase was 0.28%. The holding were 5,630 shares as of 2018-03-31.

Lederer & Associates Investment Counsel added to a holding in American Water Works Co Inc by 46.19%. The purchase prices were between $76.06 and $89.08, with an estimated average price of $81.63. The stock is now traded at around $82.14. The impact to a portfolio due to this purchase was 0.51%. The holding were 21,570 shares as of 2018-03-31.

Lederer & Associates Investment Counsel added to a holding in Qualcomm Inc by 80.19%. The purchase prices were between $53.66 and $68.67, with an estimated average price of $63.72. The stock is now traded at around $53.43. The impact to a portfolio due to this purchase was 0.49%. The holding were 21,628 shares as of 2018-03-31.

Lederer & Associates Investment Counsel sold out a holding in CVS Health Corp. The sale prices were between $60.6 and $83.63, with an estimated average price of $71.75.

Lederer & Associates Investment Counsel sold out a holding in 3M Co. The sale prices were between $215.36 and $258.63, with an estimated average price of $236.99.