1 week Ago By ABMN Staff
Americana Partners LLC increased its holdings in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 8.8% during the third quarter, HoldingsChannel reports.
The fund owned 186,062 shares of the iPhone maker’s stock after acquiring an additional 15,079 shares during the quarter. Apple accounts for about 2.9% of Americana Partners LLC’s investment portfolio, making the stock its 4th biggest holding.
Americana Partners LLC’s holdings in Apple were worth $43,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other large investors have also added to or reduced their stakes in the company. Bull Oak Capital LLC lifted its position in shares of Apple by 252.
3% during the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after purchasing an additional 111 shares in the last quarter. Hershey Financial Advisers LLC purchased a new stake in Apple in the 2nd quarter valued at about $42,000.
Christopher J. Hasenberg Inc lifted its position in shares of Apple by 88.9% during the 3rd quarter.
Christopher J. Hasenberg Inc now owns 306 shares of the iPhone maker’s stock worth $69,000 after buying an additional 144 shares in the last quarter. Cordant Inc.
boosted its stake in shares of Apple by 34.3% in the 3rd quarter. Cordant Inc.
now owns 678 shares of the iPhone maker’s stock worth $158,000 after buying an additional 173 shares during the last quarter. Finally, Sage Financial Group Inc. bought a new position in shares of Apple in the second quarter valued at approximately $206,000.
Institutional investors own 67.73% of the company’s stock. Apple Stock Down 0.
2 % Shares of NASDAQ:AAPL opened at $243.36 on Friday. The firm has a market capitalization of $3.
68 trillion, a PE ratio of 40.03, a price-to-earnings-growth ratio of 2.41 and a beta of 1.
20. The company has a debt-to-equity ratio of 1.51, a quick ratio of 0.
83 and a current ratio of 0.87. Apple Inc.
has a 52-week low of $164.07 and a 52-week high of $260.10.
The firm has a fifty day moving average of $238.68 and a 200 day moving average of $228.69.
Apple Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, November 11th were issued a $0.25 dividend.
The ex-dividend date was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.
41%. Apple’s payout ratio is 16.45%.
Insider Activity In other news, COO Jeffrey E. Williams sold 100,000 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $249.
97, for a total value of $24,997,000.00. Following the completion of the sale, the chief operating officer now owns 389,944 shares of the company’s stock, valued at approximately $97,474,301.
68. The trade was a 20.41 % decrease in their position.
The transaction was disclosed in a legal filing with the SEC, which is accessible through this link . Also, insider Chris Kondo sold 4,130 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $228.
87, for a total value of $945,233.10. Following the transaction, the insider now owns 15,419 shares in the company, valued at approximately $3,528,946.
53. The trade was a 21.13 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . 0.06% of the stock is owned by corporate insiders.
Analyst Ratings Changes AAPL has been the topic of a number of recent analyst reports. Maxim Group lifted their price target on Apple from $203.00 to $215.
00 and gave the stock a “hold” rating in a report on Friday, November 1st. Rosenblatt Securities lifted their target price on Apple from $261.00 to $262.
00 and gave the stock a “buy” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. restated an “overweight” rating and set a $265.
00 price target on shares of Apple in a research report on Tuesday, September 10th. Loop Capital lowered their price objective on shares of Apple from $300.00 to $275.
00 and set a “buy” rating on the stock in a research report on Monday, November 4th. Finally, Sanford C. Bernstein increased their target price on shares of Apple from $240.
00 to $260.00 and gave the company an “outperform” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company’s stock.
According to MarketBeat.com, Apple presently has a consensus rating of “Moderate Buy” and an average target price of $238.03.
Get Our Latest Research 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. See Also Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Apple Inc. ( NASDAQ:AAPL – Free Report ). 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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