1 day Ago By ABMN Staff
Shayne & Jacobs LLC decreased its holdings in shares of Apple Inc. ( NASDAQ:AAPL – Free Report ) by 3.0% in the second quarter, according to its most recent Form 13F filing with the SEC.
The institutional investor owned 10,700 shares of the iPhone maker’s stock after selling 329 shares during the period. Apple accounts for 0.6% of Shayne & Jacobs LLC’s portfolio, making the stock its 21st largest position.
Shayne & Jacobs LLC’s holdings in Apple were worth $2,254,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds have also made changes to their positions in the business. Sarasin & Partners LLP grew its holdings in shares of Apple by 30.
0% during the second quarter. Sarasin & Partners LLP now owns 3,029,334 shares of the iPhone maker’s stock valued at $638,038,000 after buying an additional 698,732 shares during the last quarter. Financial Partners Group Inc lifted its holdings in shares of Apple by 0.
5% in the second quarter. Financial Partners Group Inc now owns 105,936 shares of the iPhone maker’s stock worth $22,312,000 after buying an additional 498 shares in the last quarter. Demars Financial Group LLC increased its position in Apple by 1.
7% in the second quarter. Demars Financial Group LLC now owns 41,203 shares of the iPhone maker’s stock worth $8,678,000 after purchasing an additional 704 shares during the last quarter. KFG Wealth Management LLC increased its position in Apple by 1.
3% during the second quarter. KFG Wealth Management LLC now owns 24,249 shares of the iPhone maker’s stock valued at $5,107,000 after acquiring an additional 305 shares during the last quarter. Finally, Williams Financial LLC bought a new position in shares of Apple in the second quarter worth about $12,630,000.
Institutional investors own 60.41% of the company’s stock. Apple Price Performance AAPL stock 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 current ratio of 0.
95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.29.
The company has a 50-day moving average price of $222.43 and a 200 day moving average price of $199.41.
The stock has a market cap of $3.38 trillion, a PE ratio of 34.32, a P/E/G ratio of 2.
62 and a beta of 1.24. Apple Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 15th.
Investors of record on Monday, August 12th were issued a dividend of $0.25 per share. The ex-dividend date 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 15.55%. Insider Activity at Apple In related news, insider Chris Kondo sold 5,178 shares of Apple stock in a transaction dated Friday, August 9th.
The shares were sold at an average price of $216.50, for a total transaction of $1,121,037.00.
Following the completion of the sale, the insider now owns 24,125 shares in the company, valued at approximately $5,223,062.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link .
In other news, SVP Katherine L. Adams sold 100,000 shares of the business’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 sale, the senior vice president now owns 191,543 shares in the company, valued at approximately $39,542,136.
92. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . Also, insider Chris Kondo sold 5,178 shares of the business’s stock in a transaction dated Friday, August 9th.
The shares were sold at an average price of $216.50, for a total transaction of $1,121,037.00.
Following the completion of the sale, the insider now owns 24,125 shares of the company’s stock, valued at approximately $5,223,062.50. The disclosure for this sale can be found here .
Insiders sold 113,884 shares of company stock worth $23,723,887 in the last 90 days. 0.06% of the stock is owned by corporate insiders.
Analyst Upgrades and Downgrades AAPL has been the topic of several research reports. Needham & Company LLC reiterated a “buy” rating and issued a $260.00 price target on shares of Apple in a report on Tuesday, September 10th.
Moffett Nathanson began coverage on Apple in a research report on Monday, August 19th. They issued a “neutral” rating and a $211.00 target price for the company.
Morgan Stanley restated an “overweight” rating and set a $273.00 target price on shares of Apple in a research note on Tuesday, September 10th. Monness Crespi & Hardt reissued a “buy” rating and issued a $245.
00 target price on shares of Apple in a report on Monday, September 9th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $261.00 price objective on shares of Apple in a report on Tuesday, September 10th.
One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and a consensus target price of $239.17.
Check Out Our Latest Analysis on AAPL 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 Articles 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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