2 weeks Ago By Defense World Staff
WestHill Financial Advisors Inc. cut its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 0.
7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 46,834 shares of the iPhone maker’s stock after selling 330 shares during the period. Apple comprises approximately 2.
6% of WestHill Financial Advisors Inc.’s portfolio, making the stock its 8th largest position. WestHill Financial Advisors Inc.
’s holdings in Apple were worth $11,728,000 at the end of the most recent quarter. Other institutional investors have also recently added to or reduced their stakes in the company. Drystone LLC bought a new position in Apple during the 4th quarter worth approximately $25,000.
Life Planning Partners Inc bought a new position in Apple during the fourth quarter worth $47,000. SPX Gestao de Recursos Ltda acquired a new position in Apple in the third quarter valued at $71,000. Teachers Insurance & Annuity Association of America bought a new stake in Apple during the third quarter valued at $77,000.
Finally, ARK Investment Management LLC bought a new position in shares of Apple in the 3rd quarter worth about $110,000. 67.73% of the stock is owned by institutional investors.
Apple Trading Up 0.4 %Shares of Apple stock opened at $209.28 on Friday.
The stock has a fifty day moving average price of $215.71 and a 200-day moving average price of $229.31.
The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.
88. The firm has a market cap of $3.14 trillion, a PE ratio of 33.
22, a P/E/G ratio of 2.44 and a beta of 1.26.
Apple Inc. has a 1 year low of $169.11 and a 1 year high of $260.
10. Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.
40 EPS for the quarter, topping 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%.
Equities research analysts anticipate that Apple Inc. will post 7.28 EPS for the current year.
Apple Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were issued a dividend of $0.25 per share.
This represents a $1.00 annualized dividend and a yield of 0.48%.
The ex-dividend date was Monday, February 10th. Apple’s dividend payout ratio (DPR) is 15.87%.
Insider Buying and Selling at AppleIn other news, CEO Timothy D. Cook sold 108,136 shares of Apple stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $223.
65, for a total value of $24,184,616.40. Following the completion of the transaction, the chief executive officer now owns 3,280,295 shares in the company, valued at $733,637,976.
75. This trade represents a 3.19 % decrease in their ownership of the stock.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Kevan Parekh sold 4,570 shares of the company’s stock in a transaction that occurred on Wednesday, April 23rd. The shares were sold at an average price of $206.
00, for a total transaction of $941,420.00. Following the sale, the chief financial officer now owns 4,569 shares in the company, valued at $941,214.
The trade was a 50.01 % 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 valued at $41,760,140. Company insiders own 0.06% of the company’s stock.
Analysts Set New Price TargetsSeveral equities research analysts recently commented on AAPL shares. Citigroup cut their target price on Apple from $275.00 to $245.
00 and set a “buy” rating on the stock in a research report on Monday, April 14th. The Goldman Sachs Group cut their target price on shares of Apple from $259.00 to $256.
00 and set a “buy” rating on the stock in a research note on Wednesday. Barclays lifted their price target on shares of Apple from $183.00 to $197.
00 and gave the company an “underweight” rating in a research note on Friday, January 31st. Maxim Group raised their target price on Apple to $215.00 and gave the company a “hold” rating in a research note on Friday, February 21st.
Finally, Wedbush cut their price target on Apple from $325.00 to $250.00 and set an “outperform” rating on the stock in a report on Monday, April 7th.
Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $233.88.
View Our Latest Analysis on AAPLApple Company Profile (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 AppleTransportation Stocks InvestingShort Sellers Gave Up on These 3 Names RecentlyWhat Does Downgrade Mean in Investing?3 Boring Stocks Outperforming the Market This YearWhat Does a Gap Up Mean in Stocks? How to Play the GapIf 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.
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