2 hours Ago By ABMN Staff
Vista Investment Partners LLC cut its holdings in Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 3.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm owned 7,913 shares of the information services provider’s stock after selling 300 shares during the period. Vista Investment Partners LLC’s holdings in Alphabet were worth $1,498,000 as of its most recent SEC filing. A number of other hedge funds have also recently modified their holdings of the business.
LMR Partners LLP purchased a new position in Alphabet during the third quarter valued at approximately $32,000. Denver PWM LLC lifted its stake in shares of Alphabet by 25.4% during the 3rd quarter.
Denver PWM LLC now owns 281 shares of the information services provider’s stock valued at $47,000 after buying an additional 57 shares in the last quarter. Quarry LP bought a new position in Alphabet in the 2nd quarter worth $53,000. Teachers Insurance & Annuity Association of America purchased a new stake in Alphabet in the 3rd quarter worth $66,000.
Finally, Mendota Financial Group LLC raised its holdings in Alphabet by 19.0% during the third quarter. Mendota Financial Group LLC now owns 401 shares of the information services provider’s stock valued at $67,000 after acquiring an additional 64 shares during the period.
Institutional investors own 40.03% of the company’s stock. Alphabet Trading Up 1.
6 % GOOGL stock opened at $204.02 on Friday. Alphabet Inc.
has a 12 month low of $130.66 and a 12 month high of $205.48.
The firm’s 50-day moving average is $188.97 and its 200 day moving average is $174.15.
The company has a market capitalization of $2.50 trillion, a PE ratio of 27.06, a P/E/G ratio of 1.
26 and a beta of 0.98. The company has a debt-to-equity ratio of 0.
04, a current ratio of 1.95 and a quick ratio of 1.95.
Insider Transactions at Alphabet Analyst Ratings Changes GOOGL has been the subject of a number of recent analyst reports. Phillip Securities raised Alphabet to a “strong-buy” rating in a research note on Friday, November 1st. Truist Financial increased their price objective on shares of Alphabet from $220.
00 to $225.00 and gave the company a “buy” rating in a report on Wednesday, October 30th. Sanford C.
Bernstein boosted their target price on shares of Alphabet from $180.00 to $185.00 and gave the stock a “market perform” rating in a report on Wednesday, October 30th.
BMO Capital Markets reaffirmed an “outperform” rating and set a $217.00 target price (up from $215.00) on shares of Alphabet in a research note on Wednesday, October 30th.
Finally, Bank of America reiterated a “buy” rating and issued a $210.00 price target on shares of Alphabet in a research note on Monday, December 23rd. Nine investment analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and four have assigned a strong buy rating to the stock.
According to data from MarketBeat, Alphabet currently has an average rating of “Moderate Buy” and an average target price of $211.00. Get Our Latest Stock Report on Alphabet About Alphabet ( Free Report ) Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America.
It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. See Also Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.
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