1 week Ago By Defense World Staff
Wilkinson Global Asset Management LLC lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 445,456 shares of the iPhone maker’s stock after selling 3,686 shares during the period. Apple makes up about 6.9% of Wilkinson Global Asset Management LLC’s portfolio, making the stock its 3rd biggest holding.
Wilkinson Global Asset Management LLC’s holdings in Apple were worth $111,551,000 at the end of the most recent quarter. A number of other institutional investors have also recently made changes to their positions in the business. Drystone LLC acquired a new stake in shares of Apple during the fourth quarter worth $25,000.
Life Planning Partners Inc acquired a new stake in Apple during the 4th quarter worth about $47,000. SPX Gestao de Recursos Ltda purchased a new stake in Apple during the 3rd quarter valued at about $71,000. Teachers Insurance & Annuity Association of America acquired a new position in shares of Apple in the third quarter valued at about $77,000.
Finally, ARK Investment Management LLC purchased a new position in shares of Apple in the third quarter worth about $110,000. Institutional investors and hedge funds own 67.73% of the company’s stock.
Apple Stock Up 0.4 %Shares of AAPL opened at $209.28 on Friday.
The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.
92. The stock has a market capitalization of $3.14 trillion, a PE ratio of 33.
22, a P/E/G ratio of 2.44 and a beta of 1.26.
The company’s 50-day simple moving average is $215.71 and its 200-day simple moving average is $229.31.
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 issued 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%.
Analysts forecast that Apple Inc. will post 7.28 earnings per share for the current fiscal year.
Apple Announces DividendThe business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.48%.
The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio is presently 15.87%.
Analyst Upgrades and DowngradesA number of equities research analysts recently commented on AAPL shares. JPMorgan Chase & Co. dropped their target price on Apple from $270.
00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday, April 14th. Barclays increased their price objective on shares of Apple from $183.
00 to $197.00 and gave the stock an “underweight” rating in a research note on Friday, January 31st. Morgan Stanley decreased their target price on shares of Apple from $252.
00 to $220.00 and set an “overweight” rating for the company in a research report on Tuesday, April 8th. Oppenheimer lowered Apple from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.
Finally, Sanford C. Bernstein upped their target price on Apple from $240.00 to $260.
00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.
com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $233.88.Read Our Latest Stock Analysis on AAPLInsider Buying and SellingIn related news, CEO Timothy D.
Cook sold 108,136 shares of the company’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was 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 directly owns 3,280,295 shares of the company’s stock, valued at $733,637,976.75.
This represents a 3.19 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Also, CFO Kevan Parekh sold 4,570 shares of the firm’s stock in a transaction that occurred on Wednesday, April 23rd. The stock was sold at an average price of $206.00, for a total transaction of $941,420.
00. Following the sale, the chief financial officer now directly owns 4,569 shares in the company, valued at approximately $941,214. The trade was a 50.
01 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 187,021 shares of company stock worth $41,760,140.
Company insiders own 0.06% of the company’s stock. About 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.Further ReadingFive stocks we like better than AppleHow to Capture the Benefits of Dividend IncreasesShort Sellers Gave Up on These 3 Names RecentlyUptrend Stocks Explained: Learn How to Trade Using Uptrends3 Boring Stocks Outperforming the Market This YearWhat is a Death Cross in Stocks?If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy.
