2 weeks Ago By Defense World Staff
Semus Wealth Partners LLC lifted its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm owned 137,439 shares of the iPhone maker’s stock after buying an additional 535 shares during the quarter. Apple comprises approximately 22.8% of Semus Wealth Partners LLC’s investment portfolio, making the stock its largest holding.
Semus Wealth Partners LLC’s holdings in Apple were worth $34,417,000 as of its most recent SEC filing. Other institutional investors also recently modified their holdings of the company. 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 in the last quarter. 1620 Investment Advisors Inc.
boosted its holdings in shares of Apple by 0.5% in the third quarter. 1620 Investment Advisors Inc.
now owns 9,654 shares of the iPhone maker’s stock worth $2,249,000 after acquiring an additional 45 shares during the period. Menard Financial Group LLC boosted its holdings in shares of Apple by 0.4% in the third 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. grew 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 valued at $945,000 after purchasing an additional 48 shares in the last quarter.
Finally, Family Capital Management Inc. raised its stake in shares of Apple by 0.3% during the 4th quarter.
Family Capital Management Inc. now owns 16,910 shares of the iPhone maker’s stock valued at $4,235,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 67.
73% of the company’s stock. Insider Buying and SellingIn related news, CFO Kevan Parekh sold 4,570 shares of the business’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 value of $941,420.00. Following the completion of the transaction, the chief financial officer now directly owns 4,569 shares in the company, valued at $941,214.
The trade was a 50.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Also, CEO Timothy D. Cook sold 108,136 shares of the stock in a transaction on 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 sale, the chief executive officer now owns 3,280,295 shares in the company, valued at approximately $733,637,976.
75. This represents a 3.19 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Insiders have sold a total of 187,021 shares of company stock worth $41,760,140 in the last quarter. Corporate insiders own 0.
06% of the company’s stock. Wall Street Analysts Forecast GrowthSeveral research analysts have commented on the company. DA Davidson reduced their target price on Apple from $290.
00 to $230.00 and set a “buy” rating for the company in a report on Monday, April 14th. Citigroup cut their price objective on shares of Apple from $275.
00 to $245.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Monness Crespi & Hardt upped their target price on shares of Apple to $245.
00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. Sanford C. Bernstein raised their price target on shares of Apple from $240.
00 to $260.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Finally, JPMorgan Chase & Co.
decreased their price target on shares of Apple from $270.00 to $245.00 and set an “overweight” rating on the stock in a report on Monday, April 14th.
Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, Apple presently has an average rating of “Moderate Buy” and an average price target of $233.88.
Read Our Latest Research Report on AAPLApple Stock Up 0.4 %NASDAQ:AAPL 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 company 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 firm’s 50-day moving average price is $215.71 and its 200-day moving average price is $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. Apple (NASDAQ:AAPL – Get Free Report) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.
40 earnings per share (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%.
On average, equities analysts predict that Apple Inc. will post 7.28 EPS for the current fiscal year.
Apple Announces DividendThe business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a $0.25 dividend.
This represents a $1.00 annualized dividend 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%.
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.Featured ArticlesFive stocks we like better than AppleHow to buy stock: A step-by-step guide for beginners Short Sellers Gave Up on These 3 Names RecentlyWhat is the Shanghai Stock Exchange Composite Index?3 Boring Stocks Outperforming the Market This YearWhat is a Dividend Harvesting Strategy and How Can Investors Profit from it?If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy.
