Apple Inc. (NASDAQ:AAPL) Stock Holdings Lifted by Gibson Capital LLC

Gibson Capital LLC grew its holdings in Apple Inc. (NASDAQ:AAPLFree Report) by 3.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,367 shares of the iPhone maker’s stock after purchasing an additional 100 shares during the quarter. Apple comprises 0.2% of Gibson Capital LLC’s portfolio, making the stock its 23rd biggest holding. Gibson Capital LLC’s holdings in Apple were worth $576,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC increased its holdings in shares of Apple by 116,483.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 569,554,722 shares of the iPhone maker’s stock worth $74,002,245,000 after buying an additional 569,066,184 shares in the last quarter. Norges Bank acquired a new stake in shares of Apple in the fourth quarter valued at approximately $21,746,940,000. Morgan Stanley increased its holdings in shares of Apple by 14.2% in the fourth quarter. Morgan Stanley now owns 208,655,323 shares of the iPhone maker’s stock valued at $27,110,586,000 after purchasing an additional 25,926,552 shares in the last quarter. Barclays PLC increased its holdings in shares of Apple by 60.0% in the second quarter. Barclays PLC now owns 46,932,352 shares of the iPhone maker’s stock valued at $9,103,464,000 after purchasing an additional 17,604,799 shares in the last quarter. Finally, Osaic Holdings Inc. increased its holdings in shares of Apple by 154.9% in the second quarter. Osaic Holdings Inc. now owns 23,295,770 shares of the iPhone maker’s stock valued at $1,729,270,000 after purchasing an additional 14,157,430 shares in the last quarter. 58.51% of the stock is owned by institutional investors and hedge funds.

Apple Stock Up 0.9 %

Shares of NASDAQ AAPL opened at $189.30 on Wednesday. The firm’s 50-day moving average price is $190.59 and its 200-day moving average price is $184.14. Apple Inc. has a 12-month low of $143.90 and a 12-month high of $199.62. The stock has a market capitalization of $2.93 trillion, a price-to-earnings ratio of 29.49, a P/E/G ratio of 2.23 and a beta of 1.31. The company has a current ratio of 1.07, a quick ratio of 1.02 and a debt-to-equity ratio of 1.28.

Apple (NASDAQ:AAPLGet Free Report) last posted its earnings results on Thursday, February 1st. The iPhone maker reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.09. The company had revenue of $119.60 billion during the quarter, compared to analysts’ expectations of $117.99 billion. Apple had a net margin of 26.16% and a return on equity of 156.04%. Apple’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.88 earnings per share. On average, equities research analysts anticipate that Apple Inc. will post 6.57 EPS for the current fiscal year.

Apple Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 15th. Stockholders of record on Monday, February 12th will be paid a $0.24 dividend. The ex-dividend date is Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.51%. Apple’s payout ratio is currently 14.95%.

Insider Transactions at Apple

In related news, SVP Katherine L. Adams sold 123,448 shares of the firm’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $188.79, for a total transaction of $23,305,747.92. Following the sale, the senior vice president now owns 293,266 shares in the company, valued at $55,365,688.14. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, SVP Katherine L. Adams sold 123,448 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $188.79, for a total value of $23,305,747.92. Following the transaction, the senior vice president now directly owns 293,266 shares of the company’s stock, valued at $55,365,688.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chris Kondo sold 5,513 shares of Apple stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $192.00, for a total transaction of $1,058,496.00. Following the transaction, the insider now directly owns 29,174 shares in the company, valued at $5,601,408. The disclosure for this sale can be found here. Insiders have sold 133,767 shares of company stock worth $25,248,740 over the last 90 days. 0.06% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts recently weighed in on AAPL shares. Robert W. Baird raised their price target on shares of Apple from $186.00 to $200.00 and gave the company an “outperform” rating in a report on Monday, January 29th. Needham & Company LLC reissued a “buy” rating and issued a $220.00 price target on shares of Apple in a report on Friday, February 2nd. Monness Crespi & Hardt lifted their target price on shares of Apple from $189.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 2nd. Oppenheimer reaffirmed an “outperform” rating and set a $200.00 target price on shares of Apple in a report on Friday, February 2nd. Finally, Redburn Atlantic lowered shares of Apple from a “buy” rating to a “neutral” rating and set a $200.00 target price for the company. in a report on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-one have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Apple has an average rating of “Moderate Buy” and a consensus target price of $205.72.

Read Our Latest Stock Analysis on AAPL

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.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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