4 days Ago By Defense World Staff
Signet Investment Advisory Group Inc. decreased its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 8.
0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,593 shares of the iPhone maker’s stock after selling 3,108 shares during the quarter. Apple comprises approximately 4.
5% of Signet Investment Advisory Group Inc.’s investment portfolio, making the stock its 3rd biggest holding. Signet Investment Advisory Group Inc.
’s holdings in Apple were worth $8,913,000 at the end of the most recent quarter. A number of other institutional investors and hedge funds have also modified their holdings of the business. 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 worth $136,074,372,000 after buying an additional 55,935,105 shares during the period. FMR LLC increased its position in shares of Apple by 5.
3% during the third quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock worth $84,779,231,000 after acquiring an additional 18,224,005 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Apple by 6.
5% during the third quarter. Geode Capital Management LLC now owns 333,857,500 shares of the iPhone maker’s stock worth $77,542,863,000 after acquiring an additional 20,483,787 shares during the period. Charles Schwab Investment Management Inc.
lifted its position in Apple by 6.6% in the 3rd 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 in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Apple by 20,372.7% in the 3rd quarter.
International Assets Investment Management LLC now owns 94,347,510 shares of the iPhone maker’s stock worth $219,829,700,000 after purchasing an additional 93,886,664 shares during the period. 67.73% of the stock is owned by institutional investors.
Insider ActivityIn related news, SVP Katherine L. Adams sold 38,822 shares of Apple stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $223.
67, for a total transaction of $8,683,316.74. Following the completion of the sale, 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Jeffrey E. Williams sold 35,493 shares of Apple stock in a transaction on Wednesday, April 2nd.
The shares were sold at an average price of $224.01, for a total value of $7,950,786.93.
Following 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 trade represents a 8.
34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 182,451 shares of company stock valued at $40,818,720.
0.06% of the stock is currently owned by insiders. Apple Trading Down 0.
2 %Apple stock opened at $202.14 on Wednesday. Apple Inc.
has a 12-month low of $164.08 and a 12-month high of $260.10.
The firm has a market capitalization of $3.04 trillion, a price-to-earnings ratio of 32.09, a P/E/G ratio of 2.
44 and a beta of 1.26. The firm has a 50 day moving average of $221.
65 and a 200 day moving average of $230.79. The company has a current ratio of 0.
92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26.
Apple (NASDAQ:AAPL – Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, topping the consensus estimate of $2.
36 by $0.04. Apple had a net margin of 24.
30% and a return on equity of 160.83%. As a group, research analysts predict that Apple Inc.
will post 7.28 earnings per share for the current year. Apple Announces DividendThe business also recently announced a quarterly dividend, which was paid on Thursday, February 13th.
Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share. This represents a $1.
00 annualized dividend and a dividend yield of 0.49%. The ex-dividend date of this dividend was Monday, February 10th.
Apple’s dividend payout ratio is currently 15.87%. Analyst Ratings ChangesAAPL has been the subject of a number of recent research reports.
UBS Group upped their price target on Apple to $236.00 and gave the stock a “buy” rating in a research report on Monday. Oppenheimer downgraded Apple from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 29th.
Loop Capital cut shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 target price on the stock. in a report on Tuesday, January 21st.
Bank of America cut their price target on Apple from $265.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 3rd.
Finally, TD Cowen restated a “buy” rating on shares of Apple in a report on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $235.
85.View Our Latest Research Report on AppleApple 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.
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(NASDAQ:AAPL – Free Report)..
