2 weeks Ago By Defense World Staff
Chapman Investment Management LLC lifted its holdings in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 0.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 39,635 shares of the iPhone maker’s stock after purchasing an additional 196 shares during the quarter. Apple accounts for about 7.4% of Chapman Investment Management LLC’s investment portfolio, making the stock its 5th biggest holding.
Chapman Investment Management LLC’s holdings in Apple were worth $9,925,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also bought and sold shares of AAPL. O Connor Financial Group LLC grew its stake in Apple by 1.
2% in the 4th quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock valued at $896,000 after buying an additional 41 shares during the last quarter. 1620 Investment Advisors Inc.
increased its holdings in shares of Apple by 0.5% during the third quarter. 1620 Investment Advisors Inc.
now owns 9,654 shares of the iPhone maker’s stock worth $2,249,000 after purchasing an additional 45 shares during the period. Menard Financial Group LLC increased its stake in Apple by 0.4% during the 3rd quarter.
Menard Financial Group LLC now owns 12,221 shares of the iPhone maker’s stock worth $2,848,000 after acquiring an additional 48 shares during the period. Hanseatic Management Services Inc. increased its position in shares of Apple by 1.
3% in the fourth quarter. Hanseatic Management Services Inc. now owns 3,775 shares of the iPhone maker’s stock worth $945,000 after purchasing an additional 48 shares during the period.
Finally, Family Capital Management Inc. raised its position in shares of Apple by 0.3% in the 4th quarter.
Family Capital Management Inc. now owns 16,910 shares of the iPhone maker’s stock valued at $4,235,000 after buying an additional 48 shares in the last quarter. Institutional investors own 67.
73% of the company’s stock. Analyst Ratings Changes AAPL has been the subject of several recent analyst reports. Tigress Financial upped their price objective on Apple from $295.
00 to $300.00 and gave the stock a “strong-buy” rating in a research report on Thursday, April 3rd. Rosenblatt Securities reiterated a “buy” rating and set a $263.
00 target price on shares of Apple in a research report on Thursday, April 3rd. KeyCorp raised Apple from an “underweight” rating to a “sector weight” rating in a research note on Monday, April 14th. Jefferies Financial Group raised shares of Apple from an “underperform” rating to a “hold” rating and reduced their price objective for the company from $202.
33 to $167.88 in a research note on Wednesday, April 9th. Finally, Argus raised Apple to a “strong-buy” rating in a research report on Friday, January 31st.
Two investment 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $233.
88. Apple Stock Up 0.4 % AAPL stock opened at $209.
28 on Friday. Apple Inc. has a 1-year low of $169.
11 and a 1-year high of $260.10. The stock has a market cap of $3.
14 trillion, a P/E ratio of 33.22, a P/E/G ratio of 2.44 and a beta of 1.
26. The stock’s fifty day simple moving average is $215.71 and its two-hundred day simple moving average is $229.
31. The company has a current ratio of 0.92, a quick ratio of 0.
88 and a debt-to-equity ratio of 1.26. Apple ( NASDAQ:AAPL – Get Free Report ) last posted its quarterly earnings results on Thursday, January 30th.
The iPhone maker reported $2.40 earnings per share 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 expect that Apple Inc. will post 7.
28 EPS for the current year. Apple Announces Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued a $0.
25 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.
00 dividend on an annualized basis and a dividend yield of 0.48%. Apple’s dividend payout ratio (DPR) is presently 15.
87%. Insider Activity at Apple In related news, CFO Kevan Parekh sold 4,570 shares of the business’s stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $206.
00, for a total value 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Also, SVP Katherine L. Adams sold 38,822 shares of the stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $223.
67, for a total transaction of $8,683,316.74. Following the transaction, the senior vice president now owns 179,158 shares of the company’s stock, valued at $40,072,269.
86. This represents a 17.81 % decrease in their position.
The disclosure for this sale can be found here . Over the last quarter, insiders have sold 187,021 shares of company stock worth $41,760,140. 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 Reading Five stocks we like better than Apple What is the Shanghai Stock Exchange Composite Index? Short Sellers Gave Up on These 3 Names Recently Learn Technical Analysis Skills to Master the Stock Market 3 Boring Stocks Outperforming the Market This Year Why Are These Companies Considered Blue Chips? If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter ..
