1 day Ago By ABMN Staff
Chapin Davis Inc. decreased its stake in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 0.
7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 100,625 shares of the iPhone maker’s stock after selling 714 shares during the quarter. Apple makes up 7.
2% of Chapin Davis Inc.’s portfolio, making the stock its biggest holding. Chapin Davis Inc.
’s holdings in Apple were worth $21,194,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds and other institutional investors have also bought and sold shares of the company. Christopher J.
Hasenberg Inc bought a new stake in Apple during the 1st quarter valued at approximately $35,000. A.P.
Gilfoyle & Co. L.P.
bought a new stake in Apple during the 4th quarter valued at approximately $39,000. University of Texas Texas AM Investment Managment Co. raised its stake in Apple by 657.
1% during the 4th quarter. University of Texas Texas AM Investment Managment Co. now owns 424 shares of the iPhone maker’s stock valued at $82,000 after purchasing an additional 368 shares during the period.
Clarity Asset Management Inc. bought a new stake in Apple in the 4th quarter worth approximately $85,000. Finally, Clear Street Markets LLC increased its stake in Apple by 100.
6% in the 4th quarter. Clear Street Markets LLC now owns 483 shares of the iPhone maker’s stock worth $93,000 after acquiring an additional 83,965 shares during the last quarter. Hedge funds and other institutional investors own 60.
41% of the company’s stock. Apple Trading Up 1.8 % Shares of NASDAQ:AAPL opened at $220.
69 on Thursday. The business’s 50-day moving average is $222.43 and its 200 day moving average is $199.
41. Apple Inc. has a 1 year low of $164.
07 and a 1 year high of $237.23. The firm has a market capitalization of $3.
38 trillion, a P/E ratio of 34.32, a P/E/G ratio of 2.62 and a beta of 1.
24. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.
95 and a quick ratio of 0.91. Apple Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, August 15th.
Investors of record on Monday, August 12th were given a dividend of $0.25 per share. This represents a $1.
00 annualized dividend and a yield of 0.45%. The ex-dividend date was Monday, August 12th.
Apple’s dividend payout ratio is currently 15.55%. Analysts Set New Price Targets AAPL has been the topic of a number of research reports.
TD Cowen lifted their price objective on Apple from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Monday, July 29th.
Evercore ISI reaffirmed an “outperform” rating and issued a $250.00 price objective on shares of Apple in a research note on Monday. UBS Group lifted their price objective on Apple from $190.
00 to $236.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 4th. Wedbush reaffirmed an “outperform” rating and issued a $285.
00 price objective on shares of Apple in a research note on Monday, September 9th. Finally, StockNews.com cut Apple from a “buy” rating to a “hold” rating in a report on Thursday, September 12th.
One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $239.17.
Get Our Latest Stock Analysis on Apple Insider Activity at Apple In other news, SVP Katherine L. Adams sold 100,000 shares of the stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $206.
44, for a total value of $20,644,000.00. Following the transaction, the senior vice president now directly owns 191,543 shares of the company’s stock, valued at $39,542,136.
92. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website . In other news, insider Chris Kondo sold 5,178 shares of the stock in a transaction dated Friday, August 9th.
The stock was sold at an average price of $216.50, for a total value of $1,121,037.00.
Following the transaction, the insider now directly owns 24,125 shares of the company’s stock, valued at $5,223,062.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
Also, SVP Katherine L. Adams sold 100,000 shares of the stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $206.
44, for a total value of $20,644,000.00. Following the completion of the transaction, the senior vice president now directly owns 191,543 shares in the company, valued at $39,542,136.
92. The disclosure for this sale can be found here . Insiders have sold 113,884 shares of company stock valued at $23,723,887 in the last ninety days.
Corporate 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. See Also 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 .
.
