4 days Ago By Defense World Staff
Community Financial Services Group LLC raised its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 1.8% during the 4th quarter, according to its most recent disclosure with the SEC.
The fund owned 121,407 shares of the iPhone maker’s stock after purchasing an additional 2,108 shares during the period. Apple comprises approximately 6.0% of Community Financial Services Group LLC’s portfolio, making the stock its biggest holding.
Community Financial Services Group LLC’s holdings in Apple were worth $30,403,000 at the end of the most recent quarter. A number of other hedge funds have also modified their holdings of AAPL. O Connor Financial Group LLC raised its holdings in Apple by 1.
2% in the fourth quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock valued at $896,000 after acquiring an additional 41 shares in the last quarter. 1620 Investment Advisors Inc.
increased its position in shares of Apple by 0.5% in the 3rd quarter. 1620 Investment Advisors Inc.
now owns 9,654 shares of the iPhone maker’s stock worth $2,249,000 after purchasing an additional 45 shares during the last quarter. Carolina Wealth Advisors LLC raised its stake in shares of Apple by 1.3% in the 3rd quarter.
Carolina Wealth Advisors LLC now owns 3,489 shares of the iPhone maker’s stock valued at $813,000 after purchasing an additional 46 shares in the last quarter. Menard Financial Group LLC lifted its position in shares of Apple by 0.4% during the third quarter.
Menard Financial Group LLC now owns 12,221 shares of the iPhone maker’s stock worth $2,848,000 after purchasing an additional 48 shares during the last quarter. Finally, Hanseatic Management Services Inc. grew its stake in Apple by 1.
3% in the fourth quarter. Hanseatic Management Services Inc. now owns 3,775 shares of the iPhone maker’s stock worth $945,000 after purchasing an additional 48 shares in the last quarter.
67.73% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling at AppleIn other Apple news, COO Jeffrey E.
Williams sold 35,493 shares of the company’s stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $224.01, for a total transaction of $7,950,786.
93. Following the completion of the sale, the chief operating officer now owns 390,059 shares in the company, valued at $87,377,116.59.
This represents a 8.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Also, SVP Katherine L. Adams sold 38,822 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $223.
67, for a total value of $8,683,316.74. Following the sale, the senior vice president now directly owns 179,158 shares in the company, valued at approximately $40,072,269.
86. The trade was a 17.81 % decrease in their position.
The disclosure for this sale can be found here. Insiders have sold 182,451 shares of company stock worth $40,818,720 over the last quarter. Insiders own 0.
06% of the company’s stock. Wall Street Analyst Weigh InSeveral analysts have weighed in on the stock. Sanford C.
Bernstein boosted their target price on shares of Apple from $240.00 to $260.00 and gave the company an “outperform” rating in a research note on Friday, January 3rd.
Morgan Stanley dropped their price objective on shares of Apple from $252.00 to $220.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 8th.
Jefferies Financial Group upgraded Apple from an “underperform” rating to a “hold” rating and decreased their target price for the company from $202.33 to $167.88 in a research note on Wednesday, April 9th.
Raymond James increased their price target on Apple to $250.00 and gave the stock a “buy” rating in a research report on Friday, April 4th. Finally, Redburn Partners set a $230.
00 price objective on Apple in a research note on Friday, January 31st. Two analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $235.
85.Read Our Latest Analysis on AppleApple Stock PerformanceShares of NASDAQ AAPL opened at $202.14 on Wednesday.
The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.
26. The firm has a 50 day moving average of $221.65 and a 200 day moving average of $230.
79. The firm has a market capitalization of $3.04 trillion, a price-to-earnings ratio of 32.
09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26.
Apple Inc. has a 12-month low of $164.08 and a 12-month high of $260.
10. 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, topping the consensus estimate of $2.36 by $0.04.
Apple had a return on equity of 160.83% and a net margin of 24.30%.
On average, research analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.
Apple Announces DividendThe business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were paid a $0.25 dividend.
This represents a $1.00 annualized dividend and a dividend yield of 0.49%.
The ex-dividend date of this dividend was Monday, February 10th. Apple’s payout ratio is 15.87%.
Apple Company Profile (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 MoreFive stocks we like better than AppleWhat Is WallStreetBets and What Stocks Are They Targeting?Beware of BigBear.
ai: Insiders Are Selling—Should You?5 Top Rated Dividend Stocks to ConsiderCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat is the Shanghai Stock Exchange Composite Index?Congress! Who Traded What During the Tariff-Induced Meltdown 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).
.
