1 week Ago By Defense World Staff
Clear Point Advisors Inc. trimmed its holdings in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 1.
0% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 11,818 shares of the iPhone maker’s stock after selling 124 shares during the period. Apple makes up about 2.
5% of Clear Point Advisors Inc.’s holdings, making the stock its 9th largest holding. Clear Point Advisors Inc.
’s holdings in Apple were worth $2,959,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings in Apple by 10.
6% during the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock worth $136,074,372,000 after buying an additional 55,935,105 shares in the last quarter. FMR LLC raised its stake in shares of Apple by 5.
3% in the third quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock valued at $84,779,231,000 after acquiring an additional 18,224,005 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Apple by 6.
5% in the third quarter. Geode Capital Management LLC now owns 333,857,500 shares of the iPhone maker’s stock valued at $77,542,863,000 after acquiring an additional 20,483,787 shares in the last quarter. Charles Schwab Investment Management Inc.
boosted its holdings in Apple by 6.6% in the third quarter. Charles Schwab Investment Management Inc.
now owns 94,942,731 shares of the iPhone maker’s stock valued at $22,121,656,000 after purchasing an additional 5,893,741 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Apple by 1.9% during the 3rd quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 91,568,390 shares of the iPhone maker’s stock worth $21,335,435,000 after purchasing an additional 1,742,087 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.
Analyst Upgrades and Downgrades Several equities analysts have recently issued reports on the company. Wedbush decreased their price objective on Apple from $325.00 to $250.
00 and set an “outperform” rating for the company in a research note on Monday, April 7th. Sanford C. Bernstein lifted their price target on shares of Apple from $240.
00 to $260.00 and gave the stock an “outperform” rating in a research note on Friday, January 3rd. Redburn Partners set a $230.
00 price objective on shares of Apple in a research report on Friday, January 31st. Barclays lifted their price objective on shares of Apple from $183.00 to $197.
00 and gave the stock an “underweight” rating in a research report on Friday, January 31st. Finally, Loop Capital lowered Apple from a “buy” rating to a “hold” rating and set a $230.00 target price on the stock.
in a report on Tuesday, January 21st. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, Apple has an average rating of “Moderate Buy” and a consensus target price of $233.
88. Apple Stock Up 0.4 % AAPL stock opened at $209.
28 on Friday. The stock has a market capitalization of $3.14 trillion, a PE ratio of 33.
22, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26.
The company has a fifty day moving average of $215.71 and a 200-day moving average of $229.31.
The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.
92. Apple Inc. has a one year low of $169.
11 and a one 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, beating analysts’ consensus estimates 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, analysts expect that Apple Inc. will post 7.
28 EPS for the current year. Apple Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were issued a dividend of $0.
25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.
48%. The ex-dividend date was Monday, February 10th. Apple’s dividend payout ratio is presently 15.
87%. Insiders Place Their Bets In other news, SVP Katherine L. Adams sold 38,822 shares of the company’s stock in a transaction on Wednesday, April 2nd.
The shares were 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CEO Timothy D.
Cook sold 108,136 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer now owns 3,280,295 shares of the company’s stock, valued at $733,637,976.75.
This trade represents a 3.19 % decrease in their position. The disclosure for this sale can be found here .
Over the last quarter, insiders sold 187,021 shares of company stock worth $41,760,140. 0.06% of the stock is owned by corporate insiders.
Apple 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 Stories Five stocks we like better than Apple Basic Materials Stocks Investing Short Sellers Gave Up on These 3 Names Recently What is the Hang Seng index? 3 Boring Stocks Outperforming the Market This Year There Are Different Types of Stock To Invest In 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.
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