4 days Ago By ABMN Staff
Davidson Capital Management Inc. grew its stake in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) by 4.
5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 14,920 shares of the iPhone maker’s stock after purchasing an additional 645 shares during the period.
Apple comprises about 1.0% of Davidson Capital Management Inc.’s investment portfolio, making the stock its 19th largest holding.
Davidson Capital Management Inc.’s holdings in Apple were worth $3,736,000 at the end of the most recent quarter. A number of other hedge funds have also recently bought and sold shares of AAPL.
State Street Corp raised its holdings in Apple by 10.6% during the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock valued at $136,074,372,000 after acquiring an additional 55,935,105 shares during the period.
FMR LLC boosted its position in shares of Apple by 5.3% during the 3rd quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock valued at $84,779,231,000 after acquiring an additional 18,224,005 shares during the last quarter.
Geode Capital Management LLC grew its stake in Apple by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 333,857,500 shares of the iPhone maker’s stock worth $77,542,863,000 after buying an additional 20,483,787 shares in the last quarter.
Charles Schwab Investment Management Inc. increased its stake in Apple by 6.6% in the third quarter.
Charles Schwab Investment Management Inc. now owns 94,942,731 shares of the iPhone maker’s stock valued at $22,121,656,000 after acquiring an additional 5,893,741 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of Apple by 20,372.
7% during the 3rd quarter. International Assets Investment Management LLC now owns 94,347,510 shares of the iPhone maker’s stock valued at $219,829,700,000 after buying an additional 93,886,664 shares in the last quarter. 67.
73% of the stock is owned by hedge funds and other institutional investors. Apple Price Performance AAPL stock opened at $202.14 on Wednesday.
The company has a market cap of $3.04 trillion, a price-to-earnings ratio of 32.09, a PEG ratio of 2.
44 and a beta of 1.26. 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.
Apple Inc. has a 12-month low of $164.08 and a 12-month high of $260.
10. Apple Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were paid a dividend of $0.
25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.
49%. The ex-dividend date was Monday, February 10th. Apple’s dividend payout ratio is currently 15.
87%. Insider Transactions at Apple In related news, COO Jeffrey E. Williams sold 35,493 shares of the company’s stock in a transaction 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 directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CEO Timothy D.
Cook sold 108,136 shares of the firm’s stock in a transaction dated Wednesday, April 2nd. The shares were 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 owns 3,280,295 shares in the company, valued at approximately $733,637,976.75.
The trade was 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 three months. Company insiders own 0.06% of the company’s stock.
Wall Street Analysts Forecast Growth A number of research analysts have recently issued reports on AAPL shares. TD Cowen reaffirmed a “buy” rating on shares of Apple in a research note on Tuesday, January 28th. Loop Capital cut Apple from a “buy” rating to a “hold” rating and set a $230.
00 price target on the stock. in a research note on Tuesday, January 21st. The Goldman Sachs Group reiterated a “buy” rating on shares of Apple in a research report on Wednesday, February 19th.
Redburn Partners set a $230.00 target price on shares of Apple in a report on Friday, January 31st. Finally, Monness Crespi & Hardt upped their price target on shares of Apple to $245.
00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. 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’s stock. Based on data from MarketBeat.
com, Apple has an average rating of “Moderate Buy” and an average price target of $235.85. View Our Latest Research Report on AAPL 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. Featured Stories 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.
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