Tandem Funding Advisors Inc. grew its stake in shares of Apple Inc. (NASDAQ:AAPL) by 1.5% through the fourth quarter, based on its most up-to-date submitting with the Securities and Trade Fee. The institutional investor owned three,739 shares of the iPhone maker’s inventory after buying a further 55 shares through the interval. Tandem Funding Advisors Inc.’s holdings in Apple had been value $1,098,000 as of its most up-to-date SEC submitting.
A number of different institutional traders and hedge funds additionally just lately made modifications to their positions within the firm. MV Capital Administration Inc. boosted its place in shares of Apple by zero.three% through the third quarter. MV Capital Administration Inc. now owns 12,671 shares of the iPhone maker’s inventory value $2,838,000 after buying a further 35 shares over the past quarter. Towerpoint Wealth LLC raised its stake in shares of Apple by 1.eight% within the fourth quarter. Towerpoint Wealth LLC now owns 2,451 shares of the iPhone maker’s inventory valued at $720,000 after buying a further 43 shares through the interval. Elwood & Goetz Wealth Advisory Group LLC raised its stake in shares of Apple by three.1% within the third quarter. Elwood & Goetz Wealth Advisory Group LLC now owns 1,628 shares of the iPhone maker’s inventory valued at $365,000 after buying a further 49 shares through the interval. Marquette Asset Administration LLC elevated its stake in Apple by 1.four% within the third quarter. Marquette Asset Administration LLC now owns three,556 shares of the iPhone maker’s inventory value $796,000 after shopping for a further 50 shares through the interval. Lastly, Cohen Capital Administration Inc. grew its holdings in Apple by 2.1% through the third quarter. Cohen Capital Administration Inc. now owns 2,458 shares of the iPhone maker’s inventory value $551,000 after buying a further 50 shares within the final quarter. 60.33% of the inventory is at present owned by hedge funds and different institutional traders.
In different information, Director Arthur D. Levinson bought 37,394 shares of the agency’s inventory in a transaction on Tuesday, November fifth. The inventory was bought at a median worth of $257.79, for a complete worth of $9,639,799.26. Following the completion of the transaction, the director now owns 1,170,677 shares within the firm, valued at $301,788,823.83. The sale was disclosed in a doc filed with the SEC, which is offered at this hyperlink. Firm insiders personal zero.05% of the corporate’s inventory.
AAPL has been the subject of a number of current analysis stories. Wells Fargo & Co elevated their goal worth on shares of Apple from $215.00 to $245.00 and gave the inventory a “market carry out” score in a report on Thursday, October 31st. Sanford C. Bernstein reaffirmed a “maintain” score and issued a $300.00 worth goal on shares of Apple in a analysis report on Friday, January 10th. Credit score Suisse Group set a $275.00 worth goal on shares of Apple and gave the inventory a “impartial” score in a analysis report on Tuesday. Rosenblatt Securities raised their worth goal on shares of Apple from $150.00 to $250.00 and gave the inventory a “promote” score in a analysis report on Friday. Lastly, China Renaissance Securities initiated protection on shares of Apple in a report on Monday, December ninth. They set a “purchase” score and a $342.00 goal worth for the corporate. Six equities analysis analysts have rated the inventory with a promote score, 13 have assigned a maintain score, twenty-four have issued a purchase score and one has given a powerful purchase score to the inventory. The inventory presently has a consensus score of “Maintain” and a consensus worth goal of $282.36.
Shares of Apple inventory traded up $three.32 throughout buying and selling hours on Friday, hitting $322.55. 12,827,647 shares of the corporate had been exchanged, in comparison with its common quantity of 28,829,680. The enterprise has a 50-day transferring common of $292.97 and a 200-day transferring common of $242.93. The inventory has a market capitalization of $1,412.36 billion, a price-to-earnings ratio of 27.22, a P/E/G ratio of two.30 and a beta of 1.25. The corporate has a present ratio of 1.54, a fast ratio of 1.50 and a debt-to-equity ratio of 1.01. Apple Inc. has a 1 12 months low of $151.74 and a 1 12 months excessive of $319.99.
Apple (NASDAQ:AAPL) final launched its quarterly earnings knowledge on Wednesday, October 30th. The iPhone maker reported $three.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.84 by $zero.19. Apple had a return on fairness of 53.82% and a internet margin of 21.24%. The agency had income of $64.04 billion through the quarter, in comparison with analysts’ expectations of $62.86 billion. Throughout the identical quarter within the prior 12 months, the enterprise posted $2.91 earnings per share. Apple’s income was up 1.eight% in comparison with the identical quarter final 12 months. As a gaggle, analysis analysts anticipate that Apple Inc. will put up 13.16 earnings per share for the present fiscal 12 months.
Apple Inc designs, manufactures, and markets cell communication and media units, and private computer systems. It additionally sells varied associated software program, companies, equipment, and third-party digital content material and functions. The corporate affords iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and transportable private computer systems, in addition to iOS, macOS, watchOS, and tvOS working techniques.
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