2 weeks Ago By ABMN Staff
UNIVEST FINANCIAL Corp lifted its position in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 0.2% during the 4th quarter, HoldingsChannel reports.
The fund owned 229,220 shares of the information services provider’s stock after purchasing an additional 515 shares during the period. Alphabet comprises approximately 2.7% of UNIVEST FINANCIAL Corp’s portfolio, making the stock its 6th largest holding.
UNIVEST FINANCIAL Corp’s holdings in Alphabet were worth $43,391,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Community Bank N.
A. raised its stake in shares of Alphabet by 6.4% during the fourth quarter.
Community Bank N.A. now owns 46,173 shares of the information services provider’s stock valued at $8,741,000 after acquiring an additional 2,790 shares during the last quarter.
Absolute Capital Management LLC raised its position in Alphabet by 14.0% during the 4th quarter. Absolute Capital Management LLC now owns 2,096 shares of the information services provider’s stock worth $401,000 after purchasing an additional 258 shares during the last quarter.
Permanent Capital Management LP acquired a new position in Alphabet during the 4th quarter worth about $273,000. Glass Wealth Management Co LLC grew its position in shares of Alphabet by 4.5% in the 4th quarter.
Glass Wealth Management Co LLC now owns 37,054 shares of the information services provider’s stock valued at $7,014,000 after buying an additional 1,580 shares during the last quarter. Finally, Olistico Wealth LLC increased its stake in shares of Alphabet by 9.1% in the fourth quarter.
Olistico Wealth LLC now owns 8,981 shares of the information services provider’s stock valued at $1,700,000 after buying an additional 746 shares during the period. Institutional investors own 40.03% of the company’s stock.
Alphabet Trading Down 3.4 % NASDAQ GOOGL opened at $145.60 on Friday.
The business’s fifty day moving average is $175.15 and its 200-day moving average is $176.68.
The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.
84. The stock has a market capitalization of $1.77 trillion, a price-to-earnings ratio of 18.
09, a PEG ratio of 1.34 and a beta of 1.03.
Alphabet Inc. has a one year low of $145.38 and a one year high of $207.
05. Alphabet Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were issued a dividend of $0.
20 per share. This represents a $0.80 annualized dividend and a yield of 0.
55%. The ex-dividend date of this dividend was Monday, March 10th. Alphabet’s dividend payout ratio (DPR) is 9.
94%. Insiders Place Their Bets In related news, CAO Amie Thuener O’toole sold 673 shares of the firm’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $155.
33, for a total value of $104,537.09. Following the completion of the transaction, the chief accounting officer now directly owns 15,303 shares of the company’s stock, valued at approximately $2,377,014.
99. This trade represents a 4.21 % decrease in their position.
The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, CEO Sundar Pichai sold 32,500 shares of the business’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $158.
56, for a total transaction of $5,153,200.00. Following the sale, the chief executive officer now directly owns 2,717,696 shares in the company, valued at $430,917,877.
76. The trade was a 1.18 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 119,797 shares of company stock valued at $21,089,470 over the last ninety days. 11.
55% of the stock is currently owned by insiders. Wall Street Analysts Forecast Growth GOOGL has been the topic of a number of recent analyst reports. Morgan Stanley cut their price objective on Alphabet from $215.
00 to $210.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. Citigroup dropped their price target on shares of Alphabet from $232.
00 to $229.00 and set a “buy” rating on the stock in a research report on Wednesday, February 5th. Wolfe Research increased their price objective on shares of Alphabet from $220.
00 to $230.00 and gave the stock an “outperform” rating in a research report on Friday, January 3rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $200.
00 price target on shares of Alphabet in a research report on Wednesday, March 19th. Finally, DA Davidson increased their price target on Alphabet from $190.00 to $200.
00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Ten investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and five have assigned a strong buy rating to the stock. According to data from MarketBeat.
com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $209.13. View Our Latest Stock Analysis on GOOGL Alphabet Company Profile ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Featured Stories Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.
com's FREE daily email newsletter ..
