4 days Ago By Defense World Staff
Avion Wealth boosted its position in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) by 6.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 16,392 shares of the iPhone maker’s stock after purchasing an additional 987 shares during the period. Apple makes up 1.1% of Avion Wealth’s holdings, making the stock its 16th biggest holding.
Avion Wealth’s holdings in Apple were worth $4,104,000 at the end of the most recent quarter. Several other hedge funds have also made changes to their positions in AAPL. O Connor Financial Group LLC increased its stake in Apple by 1.
2% during the fourth quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock valued at $896,000 after purchasing an additional 41 shares during the last quarter. 1620 Investment Advisors Inc.
boosted its holdings 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 valued at $2,249,000 after buying an additional 45 shares during the period. Carolina Wealth Advisors LLC grew its position in shares of Apple by 1.3% during the 3rd quarter.
Carolina Wealth Advisors LLC now owns 3,489 shares of the iPhone maker’s stock valued at $813,000 after buying an additional 46 shares during the last quarter. Menard Financial Group LLC raised its stake in 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 acquiring an additional 48 shares during the period. Finally, Hanseatic Management Services Inc. lifted its holdings 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 acquiring an additional 48 shares during the last quarter.
Hedge funds and other institutional investors own 67.73% of the company’s stock. Analyst Upgrades and Downgrades Several equities research analysts have weighed in on AAPL shares.
Moffett Nathanson reaffirmed a “sell” rating and issued a $188.00 target price (down from $202.00) on shares of Apple in a research report on Tuesday, January 7th.
Monness Crespi & Hardt lifted their price objective on shares of Apple to $245.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Raymond James upped their target price on shares of Apple to $250.
00 and gave the stock a “buy” rating in a research report on Friday, April 4th. Needham & Company LLC reaffirmed a “buy” rating and set a $225.00 price target on shares of Apple in a report on Monday.
Finally, Sanford C. Bernstein increased their price objective on Apple from $240.00 to $260.
00 and gave the stock an “outperform” rating in a report on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.
com, Apple has an average rating of “Moderate Buy” and an average price target of $235.85. Apple Stock Down 0.
2 % Shares of NASDAQ AAPL opened at $202.14 on Wednesday. The company has a 50 day simple moving average of $221.
65 and a 200 day simple moving average of $230.79. The company has a debt-to-equity ratio of 1.
26, a current ratio of 0.92 and a quick ratio of 0.88.
Apple Inc. has a 1 year low of $164.08 and a 1 year high of $260.
10. The firm has a market cap of $3.04 trillion, a PE ratio of 32.
09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26.
Apple ( NASDAQ:AAPL – Get Free Report ) last issued its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping analysts’ consensus estimates of $2.
36 by $0.04. Apple had a net margin of 24.
30% and a return on equity of 160.83%. On average, research analysts forecast that Apple Inc.
will post 7.28 EPS for the current year. Apple Announces Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th.
Shareholders of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date was Monday, February 10th.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.49%.
Apple’s dividend payout ratio (DPR) is presently 15.87%. Insider Activity In other Apple news, COO Jeffrey E.
Williams sold 35,493 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were 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 of the company’s stock, valued at approximately $87,377,116.59.
This represents a 8.34 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink .
Also, SVP Katherine L. Adams sold 38,822 shares of the business’s stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $223.
67, for a total transaction of $8,683,316.74. Following the completion of the transaction, the senior vice president now owns 179,158 shares in the company, valued at $40,072,269.
86. This trade represents a 17.81 % decrease in their position.
The disclosure for this sale can be found here . Over the last quarter, insiders sold 182,451 shares of company stock valued at $40,818,720. Company insiders own 0.
06% of the company’s stock. Apple 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.
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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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