1 day Ago By ABMN Staff
Greylin Investment Management Inc grew its position in Apple Inc. ( NASDAQ:AAPL – Free Report ) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The firm owned 16,860 shares of the iPhone maker’s stock after buying an additional 149 shares during the quarter. Greylin Investment Management Inc’s holdings in Apple were worth $3,551,000 at the end of the most recent reporting period. Several other hedge funds have also made changes to their positions in the company.
Christopher J. Hasenberg Inc acquired a new position in Apple during the 1st quarter valued at about $35,000. Fidelis Capital Partners LLC increased its position in Apple by 17.
9% during the 1st quarter. Fidelis Capital Partners LLC now owns 206,455 shares of the iPhone maker’s stock valued at $35,000 after buying an additional 31,278 shares in the last quarter. A.
P. Gilfoyle & Co. L.
P. acquired a new position in Apple during the 4th quarter valued at about $39,000. University of Texas Texas AM Investment Managment Co.
increased its position in Apple by 657.1% during the 4th quarter. University of Texas Texas AM Investment Managment Co.
now owns 424 shares of the iPhone maker’s stock valued at $82,000 after buying an additional 368 shares in the last quarter. Finally, Clarity Asset Management Inc. acquired a new position in Apple during the 4th quarter valued at about $85,000.
60.41% of the stock is currently owned by hedge funds and other institutional investors. Apple Stock Up 1.
8 % Shares of NASDAQ AAPL opened at $220.69 on Thursday. Apple Inc.
has a 12-month low of $164.07 and a 12-month high of $237.23.
The company has a market cap of $3.38 trillion, a P/E ratio of 34.32, a P/E/G ratio of 2.
62 and a beta of 1.24. The company has a current ratio of 0.
95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29.
The stock has a fifty day moving average price of $222.43 and a 200 day moving average price of $199.41.
Apple Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th. Shareholders of record on Monday, August 12th were given a $0.25 dividend.
The ex-dividend date of this dividend was Monday, August 12th. This represents a $1.00 dividend on an annualized basis and a yield of 0.
45%. Apple’s payout ratio is currently 15.55%.
Insider Buying and Selling at Apple In other Apple news, SVP Katherine L. Adams sold 100,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $206.
44, for a total value of $20,644,000.00. Following the completion of the transaction, the senior vice president now directly owns 191,543 shares of the company’s stock, valued at approximately $39,542,136.
92. The transaction was disclosed in a filing with the SEC, which is accessible through this link . In other Apple news, SVP Katherine L.
Adams sold 100,000 shares of the company’s stock in a transaction dated Monday, August 5th. The shares were sold at an average price of $206.44, for a total value of $20,644,000.
00. Following the completion of the transaction, the senior vice president now directly owns 191,543 shares of the company’s stock, valued at approximately $39,542,136.92.
The transaction was disclosed in a filing with the SEC, which is accessible through this link . Also, insider Chris Kondo sold 8,706 shares of the stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $225.
00, for a total transaction of $1,958,850.00. Following the transaction, the insider now directly owns 15,419 shares in the company, valued at approximately $3,469,275.
The disclosure for this sale can be found here . Insiders sold a total of 113,884 shares of company stock valued at $23,723,887 in the last ninety days. Insiders own 0.
06% of the company’s stock. Analyst Ratings Changes A number of research analysts have recently weighed in on the company. Oppenheimer reissued an “outperform” rating and issued a $250.
00 price objective on shares of Apple in a report on Tuesday, September 10th. Citigroup reissued a “buy” rating and issued a $255.00 price objective on shares of Apple in a report on Tuesday, August 27th.
Robert W. Baird increased their price objective on Apple from $200.00 to $240.
00 and gave the company an “outperform” rating in a report on Thursday, July 25th. Erste Group Bank raised Apple from a “hold” rating to a “buy” rating in a report on Friday, June 14th. Finally, Piper Sandler Companies reissued a “neutral” rating and issued a $225.
00 price objective (up from $190.00) on shares of Apple in a report on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock.
According to data from MarketBeat, Apple has an average rating of “Moderate Buy” and an average target price of $239.17. Read Our Latest Analysis on Apple 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. Featured Stories 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.com's FREE daily email newsletter .
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