Matrix Trust Co boosted its stake in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 3.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,573 shares of the iPhone maker’s stock after purchasing an additional 389 shares during the quarter. Apple makes up 0.5% of Matrix Trust Co’s investment portfolio, making the stock its 25th biggest holding. Matrix Trust Co’s holdings in Apple were worth $3,149,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of AAPL. EFG Asset Management Americas Corp. lifted its position in shares of Apple by 44.6% during the 2nd quarter. EFG Asset Management Americas Corp. now owns 76,494 shares of the iPhone maker’s stock worth $16,111,000 after buying an additional 23,588 shares during the last quarter. Chicago Capital LLC raised its stake in Apple by 4.9% during the 2nd quarter. Chicago Capital LLC now owns 545,774 shares of the iPhone maker’s stock worth $114,951,000 after acquiring an additional 25,585 shares in the last quarter. Mine & Arao Wealth Creation & Management LLC. lifted its position in Apple by 1.3% in the second quarter. Mine & Arao Wealth Creation & Management LLC. now owns 91,668 shares of the iPhone maker’s stock valued at $19,307,000 after acquiring an additional 1,169 shares during the last quarter. Motiv8 Investments LLC boosted its stake in Apple by 18.8% in the second quarter. Motiv8 Investments LLC now owns 7,579 shares of the iPhone maker’s stock valued at $1,597,000 after acquiring an additional 1,198 shares in the last quarter. Finally, Oxbow Advisors LLC grew its holdings in shares of Apple by 0.3% during the second quarter. Oxbow Advisors LLC now owns 118,929 shares of the iPhone maker’s stock worth $25,049,000 after purchasing an additional 356 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.
Insiders Place Their Bets
In other Apple news, COO Jeffrey E. Williams sold 100,000 shares of the stock in a transaction on Monday, December 16th. The stock was sold at an average price of $249.97, for a total transaction of $24,997,000.00. Following the transaction, the chief operating officer now owns 389,944 shares of the company’s stock, valued at $97,474,301.68. This represents a 20.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. 0.06% of the stock is owned by corporate insiders.
Analyst Ratings Changes
Check Out Our Latest Research Report on Apple
Apple Stock Performance
Shares of AAPL opened at $245.83 on Friday. Apple Inc. has a 12-month low of $164.07 and a 12-month high of $260.10. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The company has a 50-day moving average of $240.52 and a two-hundred day moving average of $232.29. The stock has a market cap of $3.69 trillion, a P/E ratio of 39.02, a PEG ratio of 2.43 and a beta of 1.20.
Apple (NASDAQ:AAPL – Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. As a group, research analysts predict that Apple Inc. will post 7.28 EPS for the current fiscal year.
Apple Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were issued a $0.25 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.41%. Apple’s dividend payout ratio (DPR) is 15.87%.
Apple Company Profile
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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