2 weeks Ago By ABMN Staff
Williamson Legacy Group LLC increased its stake in shares of Alphabet Inc. ( NASDAQ:GOOGL – Free Report ) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 6,800 shares of the information services provider’s stock after acquiring an additional 189 shares during the period. Alphabet comprises about 0.9% of Williamson Legacy Group LLC’s portfolio, making the stock its 25th largest position.
Williamson Legacy Group LLC’s holdings in Alphabet were worth $1,287,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Bennett Selby Investments LP boosted its holdings in Alphabet by 4.
0% in the 4th quarter. Bennett Selby Investments LP now owns 1,354 shares of the information services provider’s stock valued at $256,000 after purchasing an additional 52 shares during the period. Macroview Investment Management LLC lifted its holdings in shares of Alphabet by 4.
2% during the 4th quarter. Macroview Investment Management LLC now owns 1,293 shares of the information services provider’s stock worth $245,000 after acquiring an additional 52 shares during the period. Conrad Siegel Investment Advisors Inc.
lifted its holdings in shares of Alphabet by 0.5% during the 4th quarter. Conrad Siegel Investment Advisors Inc.
now owns 9,845 shares of the information services provider’s stock worth $1,864,000 after acquiring an additional 53 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of Alphabet by 2.3% during the 4th quarter.
Cornerstone Planning Group LLC now owns 2,381 shares of the information services provider’s stock worth $457,000 after acquiring an additional 53 shares during the period. Finally, Addison Advisors LLC lifted its holdings in shares of Alphabet by 0.7% during the 4th quarter.
Addison Advisors LLC now owns 7,527 shares of the information services provider’s stock worth $1,425,000 after acquiring an additional 53 shares during the period. 40.03% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In A number of analysts have recently weighed in on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $210.00 price target on shares of Alphabet in a report on Thursday, December 12th.
KeyCorp upped their price target on shares of Alphabet from $215.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, January 10th.
Stifel Nicolaus upped their price target on shares of Alphabet from $200.00 to $225.00 and gave the stock a “buy” rating in a report on Monday, January 13th.
Wedbush upped their price target on shares of Alphabet from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday, January 6th.
Finally, DA Davidson upped their price objective on shares of Alphabet from $190.00 to $200.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th.
Ten equities research 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $210.
62. Insider Activity In related news, CAO Amie Thuener O’toole sold 2,834 shares of the stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $197.
55, for a total value of $559,856.70. Following the completion of the sale, the chief accounting officer now directly owns 20,681 shares of the company’s stock, valued at approximately $4,085,531.
55. This represents a 12.05 % decrease in their position.
The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link . Also, insider Ruth Porat sold 17,690 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $183.
48, for a total transaction of $3,245,761.20. Following the completion of the sale, the insider now directly owns 1,449,286 shares of the company’s stock, valued at $265,914,995.
28. This represents a 1.21 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 95,882 shares of company stock valued at $17,934,130 in the last quarter. 11.
55% of the stock is currently owned by insiders. Alphabet Stock Up 1.7 % NASDAQ:GOOGL opened at $165.
49 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.
84 and a quick ratio of 1.84. The company has a market capitalization of $2.
02 trillion, a PE ratio of 20.56, a P/E/G ratio of 1.34 and a beta of 1.
02. The firm’s 50-day moving average price is $185.70 and its 200-day moving average price is $176.
38. Alphabet Inc. has a 1-year low of $140.
03 and a 1-year high of $207.05. Alphabet ( NASDAQ:GOOGL – Get Free Report ) last posted its earnings results on Tuesday, February 4th.
The information services provider reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.12 by $0.
03. Alphabet had a net margin of 28.60% and a return on equity of 32.
49%. On average, equities analysts predict that Alphabet Inc. will post 8.
9 EPS for the current fiscal year. Alphabet Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Monday, March 10th will be given a dividend of $0.
20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.
48%. The ex-dividend date of this dividend is Monday, March 10th. Alphabet’s payout ratio is currently 9.
94%. 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. Recommended Stories Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc.
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