2 weeks Ago By ABMN Staff
Tranquility Partners LLC lifted its stake in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) by 1.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 44,835 shares of the iPhone maker’s stock after acquiring an additional 828 shares during the period. Apple accounts for about 3.6% of Tranquility Partners LLC’s investment portfolio, making the stock its 2nd largest position.
Tranquility Partners LLC’s holdings in Apple were worth $9,443,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds have also modified their holdings of the company. Choreo LLC raised its holdings in shares of Apple by 16.
3% during the 4th quarter. Choreo LLC now owns 468,273 shares of the iPhone maker’s stock valued at $90,157,000 after buying an additional 65,721 shares during the period. Guyasuta Investment Advisors Inc.
lifted its position in shares of Apple by 0.3% during the fourth quarter. Guyasuta Investment Advisors Inc.
now owns 100,142 shares of the iPhone maker’s stock worth $19,280,000 after purchasing an additional 255 shares in the last quarter. Naviter Wealth LLC boosted its stake in shares of Apple by 21.1% in the fourth quarter.
Naviter Wealth LLC now owns 72,647 shares of the iPhone maker’s stock valued at $13,987,000 after purchasing an additional 12,647 shares during the period. EWA LLC grew its holdings in Apple by 1.5% during the 4th quarter.
EWA LLC now owns 8,510 shares of the iPhone maker’s stock valued at $1,582,000 after purchasing an additional 127 shares in the last quarter. Finally, Cypress Capital Management LLC WY grew its holdings in Apple by 0.9% during the 4th quarter.
Cypress Capital Management LLC WY now owns 97,284 shares of the iPhone maker’s stock valued at $18,730,000 after purchasing an additional 876 shares in the last quarter. 60.41% of the stock is owned by institutional investors and hedge funds.
Apple Price Performance Apple stock opened at $227.79 on Monday. The business’s fifty day moving average is $222.
19 and its two-hundred day moving average is $202.38. The company has a debt-to-equity ratio of 1.
29, a quick ratio of 0.91 and a current ratio of 0.95.
The firm has a market cap of $3.49 trillion, a P/E ratio of 35.43, a P/E/G ratio of 2.
66 and a beta of 1.24. Apple Inc.
has a 52 week low of $164.07 and a 52 week high of $237.23.
Apple Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Thursday, August 15th. Investors of record on Monday, August 12th were issued a $0.25 dividend.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.44%.
The ex-dividend date was Monday, August 12th. Apple’s dividend payout ratio is currently 15.55%.
Insider Buying and Selling In related news, SVP Katherine L. Adams sold 100,000 shares of the firm’s 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 owns 191,543 shares in the company, valued at $39,542,136.
92. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . In other news, insider Chris Kondo sold 8,706 shares of the business’s stock in a transaction dated Thursday, August 15th.
The stock was sold at an average price of $225.00, for a total transaction of $1,958,850.00.
Following the completion of the transaction, the insider now directly owns 15,419 shares in the company, valued at approximately $3,469,275. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, SVP Katherine L.
Adams sold 100,000 shares of the company’s stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $206.44, for a total transaction of $20,644,000.
00. Following the completion of the sale, the senior vice president now directly owns 191,543 shares of the company’s stock, valued at approximately $39,542,136.92.
The disclosure for this sale can be found here . Insiders sold 113,884 shares of company stock worth $23,723,887 in the last quarter. Insiders own 0.
06% of the company’s stock. Analyst Ratings Changes Several research firms recently commented on AAPL. Tigress Financial boosted their price target on Apple from $245.
00 to $295.00 and gave the stock a “strong-buy” rating in a research note on Wednesday, August 28th. The Goldman Sachs Group upped their target price on Apple from $265.
00 to $275.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. Loop Capital raised shares of Apple from a “hold” rating to a “buy” rating and raised their price target for the stock from $170.
00 to $300.00 in a research report on Monday, July 15th. Piper Sandler Companies reaffirmed a “neutral” rating and issued a $225.
00 price target (up from $190.00) on shares of Apple in a report on Tuesday, July 9th. Finally, Monness Crespi & Hardt reiterated a “buy” rating and set a $245.
00 price objective on shares of Apple in a research note on Monday, September 9th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-four have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Apple presently has a consensus rating of “Moderate Buy” and a consensus price target of $238.
76. Check Out Our Latest Report on Apple 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.
Read More 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 ..
