Baker Ellis Asset Administration LLC trimmed its stake in Apple Inc. (NASDAQ:AAPL) by 2.three% in the course of the fourth quarter, based on the corporate in its most up-to-date Kind 13F submitting with the Securities & Trade Fee. The fund owned 15,749 shares of the iPhone maker’s inventory after promoting 370 shares in the course of the quarter. Apple makes up 1.three% of Baker Ellis Asset Administration LLC’s holdings, making the inventory its 19th largest place. Baker Ellis Asset Administration LLC’s holdings in Apple have been value $four,625,000 as of its most up-to-date submitting with the Securities & Trade Fee.
Quite a few different institutional buyers and hedge funds additionally lately added to or decreased their stakes in AAPL. Renaissance Funding Consultants Holding Firm LLC purchased a brand new stake in shares of Apple within the fourth quarter valued at roughly $2,832,000. Evergreen Advisors LLC purchased a brand new stake in shares of Apple within the fourth quarter valued at roughly $218,000. Cognios Capital LLC raised its place in shares of Apple by 21.9% within the fourth quarter. Cognios Capital LLC now owns 36,971 shares of the iPhone maker’s inventory valued at $10,856,000 after buying an extra 6,648 shares in the course of the interval. West Bancorporation Inc. purchased a brand new stake in shares of Apple within the fourth quarter valued at roughly $838,000. Lastly, First Metropolis Capital Administration Inc. raised its place in shares of Apple by 2.6% within the fourth quarter. First Metropolis Capital Administration Inc. now owns 7,777 shares of the iPhone maker’s inventory valued at $2,284,000 after buying an extra 198 shares in the course of the interval. Hedge funds and different institutional buyers personal 60.88% of the corporate’s inventory.
In different Apple information, Director Arthur D. Levinson offered 1,429 shares of the agency’s inventory in a transaction that occurred on Monday, February third. The shares have been offered at a median worth of $304.11, for a complete transaction of $434,573.19. Following the sale, the director now owns 1,134,712 shares within the firm, valued at roughly $345,zero77,266.32. The transaction was disclosed in a doc filed with the SEC, which is out there by this hyperlink. zero.05% of the inventory is at the moment owned by firm insiders.
A number of analysis companies have lately issued reviews on AAPL. Cowen reissued a “purchase” score and issued a $370.00 worth goal on shares of Apple in a analysis report on Tuesday, February 25th. Raymond James boosted their worth goal on shares of Apple from $280.00 to $360.00 and gave the corporate an “outperform” score in a analysis report on Wednesday, January 29th. Piper Jaffray Corporations upped their goal worth on shares of Apple from $290.00 to $305.00 and gave the inventory an “outperform” score in a report on Friday, December 20th. Loop Capital reaffirmed a “maintain” score and set a $325.00 goal worth on shares of Apple in a report on Wednesday, January 29th. Lastly, Nomura reaffirmed a “impartial” score and set a goal worth on shares of Apple in a report on Friday, March sixth. Three funding analysts have rated the inventory with a promote score, fourteen have issued a maintain score and twenty-eight have given a purchase score to the corporate’s inventory. Apple presently has a median score of “Purchase” and a consensus worth goal of $315.07.
NASDAQ AAPL opened at $285.34 on Wednesday. Apple Inc. has a 12 month low of $170.27 and a 12 month excessive of $327.85. The inventory has a market cap of $1,248.50 billion, a price-to-earnings ratio of 22.54, a PEG ratio of two.03 and a beta of 1.29. The corporate’s 50 day transferring common is $308.98 and its two-hundred day transferring common is $266.73. The corporate has a present ratio of 1.60, a fast ratio of 1.56 and a debt-to-equity ratio of 1.04.
Apple (NASDAQ:AAPL) final launched its earnings outcomes on Tuesday, January 28th. The iPhone maker reported $four.99 EPS for the quarter, topping analysts’ consensus estimates of $four.54 by $zero.45. Apple had a web margin of 21.49% and a return on fairness of 60.19%. The corporate had income of $91.80 billion for the quarter, in comparison with analysts’ expectations of $88.41 billion. Throughout the identical quarter final yr, the enterprise earned $four.18 EPS. The agency’s income was up eight.9% in comparison with the identical quarter final yr. Promote-side analysts forecast that Apple Inc. will publish 13.58 EPS for the present yr.
The corporate additionally lately introduced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of document on Monday, February 10th have been paid a dividend of $zero.77 per share. This represents a $three.08 dividend on an annualized foundation and a yield of 1.08%. The ex-dividend date of this dividend was Friday, February seventh. Apple’s payout ratio is 25.90%.
Apple Inc designs, manufactures, and markets cell communication and media units, and private computer systems. It additionally sells varied associated software program, providers, equipment, and third-party digital content material and functions. The corporate gives 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 programs.
See Additionally: Sample Day Dealer – What’s the PDT Rule?
Obtain Information & Rankings for Apple Each day – Enter your electronic mail handle under to obtain a concise each day abstract of the newest information and analysts’ rankings for Apple and associated firms with MarketBeat.com’s FREE each day electronic mail e-newsletter.