2 weeks Ago By ABMN Staff
Citizens Financial Group Inc. RI grew its stake in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 98.
5% during the second quarter, HoldingsChannel reports. The firm owned 475,925 shares of the information services provider’s stock after buying an additional 236,214 shares during the quarter. Alphabet accounts for about 1.
9% of Citizens Financial Group Inc. RI’s investment portfolio, making the stock its 11th largest holding. Citizens Financial Group Inc.
RI’s holdings in Alphabet were worth $86,690,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds also recently made changes to their positions in the stock. Christopher J.
Hasenberg Inc raised its holdings in Alphabet by 75.0% during the 2nd quarter. Christopher J.
Hasenberg Inc now owns 140 shares of the information services provider’s stock worth $26,000 after purchasing an additional 60 shares during the last quarter. Vermillion & White Wealth Management Group LLC bought a new position in Alphabet during the 4th quarter worth approximately $30,000. Tributary Capital Management LLC bought a new position in Alphabet during the 1st quarter worth approximately $30,000.
Kings Path Partners LLC bought a new position in Alphabet during the 2nd quarter worth approximately $36,000. Finally, Denver PWM LLC acquired a new stake in shares of Alphabet during the 2nd quarter worth approximately $41,000. 40.
03% of the stock is currently owned by institutional investors and hedge funds. Insider Activity at Alphabet In related news, CAO Amie Thuener O’toole sold 2,835 shares of the company’s stock in a transaction that occurred on Tuesday, September 10th. The stock was sold at an average price of $151.
53, for a total transaction of $429,587.55. Following the completion of the transaction, the chief accounting officer now owns 29,182 shares in the company, valued at $4,421,948.
46. The sale was disclosed in a filing with the SEC, which is available through this hyperlink . In other Alphabet news, insider John Kent Walker sold 16,802 shares of the stock in a transaction on Friday, September 27th.
The stock was sold at an average price of $165.47, for a total value of $2,780,226.94.
Following the completion of the transaction, the insider now owns 43,999 shares in the company, valued at $7,280,514.53. The transaction was disclosed in a filing with the SEC, which is available through the SEC website .
Also, CAO Amie Thuener O’toole sold 2,835 shares of the stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $151.53, for a total value of $429,587.
55. Following the completion of the sale, the chief accounting officer now directly owns 29,182 shares in the company, valued at $4,421,948.46.
The disclosure for this sale can be found here . Insiders sold a total of 193,725 shares of company stock worth $31,933,031 over the last quarter. 11.
55% of the stock is owned by corporate insiders. Analyst Ratings Changes Read Our Latest Stock Report on GOOGL Alphabet Stock Performance NASDAQ:GOOGL opened at $165.85 on Tuesday.
The firm has a market cap of $2.05 trillion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 1.
21 and a beta of 1.04. Alphabet Inc.
has a fifty-two week low of $120.21 and a fifty-two week high of $191.75.
The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.08 and a current ratio of 2.
08. The business has a 50 day moving average price of $162.52 and a 200-day moving average price of $166.
84. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last released its quarterly earnings data on Tuesday, July 23rd. The information services provider reported $1.
89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.04.
The firm had revenue of $84.74 billion during the quarter, compared to analyst estimates of $70.60 billion.
Alphabet had a return on equity of 30.49% and a net margin of 26.70%.
During the same quarter in the prior year, the firm posted $1.44 earnings per share. Equities research analysts predict that Alphabet Inc.
will post 7.63 earnings per share for the current year. Alphabet Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Monday, September 16th.
Investors of record on Monday, September 9th were issued a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, September 9th.
This represents a $0.80 dividend on an annualized basis and a dividend yield of 0.48%.
Alphabet’s dividend payout ratio is presently 12.27%. Alphabet Company Profile ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. Recommended Stories Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Alphabet Inc. ( NASDAQ:GOOGL – Free Report ). Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.
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