4 days Ago By Defense World Staff
Valley Brook Capital Group Inc. reduced its position in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 0.
4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,374 shares of the iPhone maker’s stock after selling 188 shares during the period. Apple makes up approximately 9.
4% of Valley Brook Capital Group Inc.’s investment portfolio, making the stock its biggest position. Valley Brook Capital Group Inc.
’s holdings in Apple were worth $12,615,000 at the end of the most recent quarter. Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. O Connor Financial Group LLC increased its position in Apple by 1.
2% in the fourth quarter. O Connor Financial Group LLC now owns 3,578 shares of the iPhone maker’s stock worth $896,000 after buying an additional 41 shares in the last quarter. 1620 Investment Advisors Inc.
increased its holdings in Apple by 0.5% in the 3rd quarter. 1620 Investment Advisors Inc.
now owns 9,654 shares of the iPhone maker’s stock worth $2,249,000 after acquiring an additional 45 shares in the last quarter. Carolina Wealth Advisors LLC raised its stake in Apple by 1.3% during the 3rd quarter.
Carolina Wealth Advisors LLC now owns 3,489 shares of the iPhone maker’s stock worth $813,000 after acquiring an additional 46 shares during the period. Menard Financial Group LLC lifted its holdings in Apple by 0.4% during the third quarter.
Menard Financial Group LLC now owns 12,221 shares of the iPhone maker’s stock valued at $2,848,000 after purchasing an additional 48 shares in the last quarter. Finally, Hanseatic Management Services Inc. boosted its position in shares of Apple by 1.
3% in the fourth quarter. Hanseatic Management Services Inc. now owns 3,775 shares of the iPhone maker’s stock worth $945,000 after purchasing an additional 48 shares during the period.
67.73% of the stock is currently owned by institutional investors. Apple Stock Down 0.
2 %AAPL stock opened at $202.14 on Wednesday. The stock has a market capitalization of $3.
04 trillion, a price-to-earnings ratio of 32.09, a price-to-earnings-growth ratio of 2.44 and a beta of 1.
26. The company has a 50-day moving average of $221.65 and a two-hundred day moving average of $230.
79. Apple Inc. has a 52-week low of $164.
08 and a 52-week high of $260.10. The company has a debt-to-equity ratio of 1.
26, a current ratio of 0.92 and a quick ratio of 0.88.
Apple (NASDAQ:AAPL – Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share (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, equities research analysts anticipate that Apple Inc.
will post 7.28 EPS for the current year. Apple Dividend AnnouncementThe business also recently announced a quarterly dividend, which was paid on Thursday, February 13th.
Stockholders of record on Monday, February 10th were issued a $0.25 dividend. The ex-dividend date was Monday, February 10th.
This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.49%.
Apple’s payout ratio is presently 15.87%. Analyst Upgrades and DowngradesAAPL has been the topic of several recent analyst reports.
Rosenblatt Securities reissued a “buy” rating and set a $263.00 target price on shares of Apple in a research note on Thursday, April 3rd. Moffett Nathanson restated a “sell” rating and issued a $188.
00 price target (down previously from $202.00) on shares of Apple in a research report on Tuesday, January 7th. Loop Capital cut Apple from a “buy” rating to a “hold” rating and set a $230.
00 price objective on the stock. in a research note on Tuesday, January 21st. JPMorgan Chase & Co.
cut their price objective on shares of Apple from $270.00 to $245.00 and set an “overweight” rating on the stock in a research report on Monday.
Finally, Bank of America lowered their target price on shares of Apple from $265.00 to $250.00 and set a “buy” rating for the company in a report on Thursday, April 3rd.
Two analysts have rated the stock with a sell rating, ten have given a hold rating, twenty-two have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $235.
85.View Our Latest Stock Analysis on AppleInsider Transactions at AppleIn other Apple news, CEO Timothy D. Cook sold 108,136 shares of the company’s stock in a transaction dated Wednesday, April 2nd.
The shares were sold at an average price of $223.65, for a total transaction of $24,184,616.40.
Following the sale, the chief executive officer now directly owns 3,280,295 shares of the company’s stock, valued at approximately $733,637,976.75. This represents a 3.
19 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Katherine L.
Adams sold 38,822 shares of the firm’s stock in a transaction on Wednesday, April 2nd. The shares were sold at an average price of $223.67, for a total value of $8,683,316.
74. Following the sale, the senior vice president now directly owns 179,158 shares of the company’s stock, valued at $40,072,269.86.
This represents a 17.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last ninety days, insiders sold 182,451 shares of company stock valued at $40,818,720. Corporate insiders own 0.06% of the company’s stock.
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 StoriesFive stocks we like better than Apple2 Fintech Stocks to Buy Now and 1 to AvoidBeware of BigBear.
ai: Insiders Are Selling—Should You?How to Buy Gold Stock and Invest in GoldCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhen to Sell a Stock for Profit or LossCongress! Who Traded What During the Tariff-Induced Meltdown.
