1 week Ago By Defense World Staff
Allied Investment Advisors LLC lifted its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).
The institutional investor owned 83,706 shares of the iPhone maker’s stock after purchasing an additional 976 shares during the period. Apple comprises 4.2% of Allied Investment Advisors LLC’s portfolio, making the stock its 5th largest holding.
Allied Investment Advisors LLC’s holdings in Apple were worth $20,962,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently modified their holdings of the company. Amara Financial LLC.
purchased a new position in Apple during the 3rd quarter valued at approximately $288,000. Silicon Valley Capital Partners grew its holdings in shares of Apple by 12.8% in the third quarter.
Silicon Valley Capital Partners now owns 253,743 shares of the iPhone maker’s stock valued at $59,122,000 after purchasing an additional 28,799 shares in the last quarter. Catalyst Financial Partners LLC lifted its position in Apple by 4.2% during the third quarter.
Catalyst Financial Partners LLC now owns 96,589 shares of the iPhone maker’s stock valued at $22,505,000 after purchasing an additional 3,935 shares during the last quarter. Vestcor Inc grew its stake in shares of Apple by 10.1% in the 3rd quarter.
Vestcor Inc now owns 375,539 shares of the iPhone maker’s stock worth $87,501,000 after buying an additional 34,414 shares in the last quarter. Finally, 5th Street Advisors LLC increased its holdings in shares of Apple by 32.9% in the 3rd quarter.
5th Street Advisors LLC now owns 15,100 shares of the iPhone maker’s stock worth $3,518,000 after buying an additional 3,736 shares during the last quarter. 67.73% of the stock is currently owned by institutional investors.
Insider Buying and Selling at AppleIn other news, CEO Timothy D. Cook sold 108,136 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $223.
65, for a total transaction of $24,184,616.40. Following the sale, the chief executive officer now directly owns 3,280,295 shares of the company’s stock, valued at $733,637,976.
75. The trade was a 3.19 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jeffrey E. Williams sold 35,493 shares of the company’s stock in a transaction on Wednesday, April 2nd.
The shares were sold at an average price of $224.01, for a total value of $7,950,786.93.
Following the completion of the transaction, the chief operating officer now directly owns 390,059 shares in the company, valued at approximately $87,377,116.59. The trade was a 8.
34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 187,021 shares of company stock worth $41,760,140.
0.06% of the stock is owned by insiders. Apple Trading Up 0.
4 %AAPL opened at $209.28 on Friday. The company has a current ratio of 0.
92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26.
The firm has a market cap of $3.14 trillion, a price-to-earnings ratio of 33.22, a PEG ratio of 2.
44 and a beta of 1.26. Apple Inc.
has a 12 month low of $169.11 and a 12 month high of $260.10.
The stock has a fifty day moving average price of $215.71 and a 200-day moving average price of $229.31.
Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating the consensus estimate of $2.
36 by $0.04. Apple had a net margin of 24.
30% and a return on equity of 160.83%. As a group, equities research analysts anticipate that Apple Inc.
will post 7.28 earnings per share for the current fiscal year. Apple Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th.
Stockholders of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date was Monday, February 10th.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.48%.
Apple’s payout ratio is 15.87%. Wall Street Analyst Weigh InA number of research analysts recently commented on AAPL shares.
Wedbush lowered their price target on shares of Apple from $325.00 to $250.00 and set an “outperform” rating for the company in a report on Monday, April 7th.
Rosenblatt Securities reiterated a “buy” rating and issued a $263.00 target price on shares of Apple in a report on Thursday, April 3rd. Argus upgraded Apple to a “strong-buy” rating in a report on Friday, January 31st.
Morgan Stanley dropped their price objective on shares of Apple from $252.00 to $220.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th.
Finally, Loop Capital downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 target price on the stock. in a research note on Tuesday, January 21st.
Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average target price of $233.88.
Get Our Latest Analysis on AAPLAbout Apple (Free Report)Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.Featured StoriesFive stocks we like better than AppleWhat is a penny stock? A comprehensive guideShort Sellers Gave Up on These 3 Names Recently3 REITs to Buy and Hold for the Long Term3 Boring Stocks Outperforming the Market This YearHow to Plot Fibonacci Price Inflection Levels If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To BuyWant to see what other hedge funds are holding AAPL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL – Free Report)..
