4 days Ago By Defense World Staff
TFB Advisors LLC boosted its position in Apple Inc. (NASDAQ:AAPL – Free Report) by 0.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The fund owned 29,388 shares of the iPhone maker’s stock after purchasing an additional 136 shares during the quarter. Apple comprises about 2.1% of TFB Advisors LLC’s holdings, making the stock its 6th largest position.
TFB Advisors LLC’s holdings in Apple were worth $7,359,000 at the end of the most recent reporting period. A number of other large investors also recently made changes to their positions in the business. Drystone LLC purchased a new position in shares of Apple in the 4th quarter worth $25,000.
Bull Oak Capital LLC increased its stake in Apple by 252.3% during the 3rd quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock worth $36,000 after buying an additional 111 shares during the period.
SPX Gestao de Recursos Ltda acquired a new stake in Apple during the 3rd quarter valued at approximately $71,000. Teachers Insurance & Annuity Association of America bought a new stake in shares of Apple in the 3rd quarter worth about $77,000. Finally, ARK Investment Management LLC bought a new position in Apple during the third quarter worth $110,000.
Hedge funds and other institutional investors own 67.73% of the company’s stock. Apple Trading Down 0.
2 %Shares of NASDAQ AAPL opened at $202.14 on Wednesday. Apple Inc.
has a 1-year low of $164.08 and a 1-year high of $260.10.
The stock has a market capitalization of $3.04 trillion, a P/E ratio of 32.09, a price-to-earnings-growth ratio of 2.
44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.
26, a current ratio of 0.92 and a quick ratio of 0.88.
The business has a fifty day moving average price of $221.65 and a 200 day moving average price of $230.79.
Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, beating analysts’ consensus estimates of $2.
36 by $0.04. Apple had a return on equity of 160.
83% and a net margin of 24.30%. Equities research analysts expect that Apple Inc.
will post 7.28 EPS for the current fiscal year. Apple Dividend AnnouncementThe firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th.
Shareholders of record on Monday, February 10th were issued a $0.25 dividend. The ex-dividend date was Monday, February 10th.
This represents a $1.00 dividend on an annualized basis and a yield of 0.49%.
Apple’s payout ratio is 15.87%. Insider Transactions at AppleIn related news, COO Jeffrey E.
Williams sold 35,493 shares of the firm’s stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $224.01, for a total value of $7,950,786.
93. Following the sale, the chief operating officer now owns 390,059 shares of the company’s stock, valued at $87,377,116.59.
This trade represents a 8.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Also, CEO Timothy D. Cook sold 108,136 shares of Apple stock in a transaction dated Wednesday, April 2nd. The stock was sold at an average price of $223.
65, for a total value of $24,184,616.40. Following the sale, the chief executive officer now directly owns 3,280,295 shares of the company’s stock, valued at $733,637,976.
75. This trade represents a 3.19 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. Insiders have sold a total of 182,451 shares of company stock worth $40,818,720 in the last quarter. Company insiders own 0.
06% of the company’s stock. Wall Street Analysts Forecast GrowthSeveral equities analysts have recently issued reports on AAPL shares. Monness Crespi & Hardt boosted their price target on shares of Apple to $245.
00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Oppenheimer downgraded Apple from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th. Evercore ISI raised their price target on Apple from $260.
00 to $275.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 18th. Wedbush lowered their target price on shares of Apple from $325.
00 to $250.00 and set an “outperform” rating on the stock in a research note on Monday, April 7th. Finally, UBS Group upped their price objective on shares of Apple to $236.
00 and gave the company a “buy” rating in a research report on Monday. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $235.
85.View Our Latest Stock Analysis on AAPLApple 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.
See AlsoFive stocks we like better than AppleHow to Find Undervalued StocksBeware of BigBear.ai: Insiders Are Selling—Should You?The How And Why of Investing in Oil StocksCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat Are Dividend Challengers?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)..
