Apple Inc. (NASDAQ:AAPL) Stock Holdings Reduced by Vigilant Capital Management LLC

Vigilant Capital Management LLC lowered its stake in shares of Apple Inc. (NASDAQ:AAPLGet Rating) by 0.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 306,025 shares of the iPhone maker’s stock after selling 1,187 shares during the period. Apple comprises 3.6% of Vigilant Capital Management LLC’s portfolio, making the stock its 2nd largest holding. Vigilant Capital Management LLC’s holdings in Apple were worth $41,840,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Qube Research & Technologies Ltd lifted its holdings in shares of Apple by 145.8% in the fourth quarter. Qube Research & Technologies Ltd now owns 643,206 shares of the iPhone maker’s stock valued at $114,214,000 after purchasing an additional 381,507 shares in the last quarter. Tobias Financial Advisors Inc. lifted its stake in shares of Apple by 1,255.6% during the fourth quarter. Tobias Financial Advisors Inc. now owns 242,191 shares of the iPhone maker’s stock valued at $43,006,000 after buying an additional 224,325 shares during the period. Bancreek Capital Management LP purchased a new position in shares of Apple during the fourth quarter valued at approximately $3,857,000. Leverty Financial Group LLC purchased a new position in shares of Apple during the fourth quarter valued at approximately $142,000. Finally, Intrepid Capital Management Inc. lifted its stake in shares of Apple by 57.4% during the fourth quarter. Intrepid Capital Management Inc. now owns 4,845 shares of the iPhone maker’s stock valued at $860,000 after buying an additional 1,766 shares during the period. Hedge funds and other institutional investors own 57.72% of the company’s stock.

Apple Price Performance

Shares of AAPL stock opened at $150.70 on Friday. Apple Inc. has a twelve month low of $129.04 and a twelve month high of $182.94. The company has a current ratio of 0.86, a quick ratio of 0.82 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $2.42 trillion, a PE ratio of 24.87, a price-to-earnings-growth ratio of 1.97 and a beta of 1.23. The firm has a fifty day simple moving average of $159.65 and a 200-day simple moving average of $156.09.

Apple (NASDAQ:AAPLGet Rating) last posted its quarterly earnings data on Thursday, July 28th. The iPhone maker reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.06. Apple had a net margin of 25.71% and a return on equity of 152.97%. The firm had revenue of $82.96 billion for the quarter, compared to the consensus estimate of $82.97 billion. During the same period in the prior year, the firm posted $1.30 EPS. The firm’s revenue was up 1.9% compared to the same quarter last year. Equities research analysts anticipate that Apple Inc. will post 6.11 earnings per share for the current fiscal year.

Apple Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Monday, August 8th were paid a dividend of $0.23 per share. The ex-dividend date was Friday, August 5th. This represents a $0.92 dividend on an annualized basis and a yield of 0.61%. Apple’s dividend payout ratio (DPR) is 15.18%.

Insider Buying and Selling at Apple

In other Apple news, SVP Katherine L. Adams sold 25,000 shares of the stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $164.77, for a total transaction of $4,119,250.00. Following the transaction, the senior vice president now directly owns 427,334 shares in the company, valued at approximately $70,411,823.18. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, SVP Katherine L. Adams sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $164.77, for a total value of $4,119,250.00. Following the transaction, the senior vice president now directly owns 427,334 shares in the company, valued at approximately $70,411,823.18. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Luca Maestri sold 96,735 shares of the firm’s stock in a transaction dated Wednesday, August 17th. The stock was sold at an average price of $174.95, for a total transaction of $16,923,788.25. Following the completion of the transaction, the chief financial officer now owns 110,673 shares in the company, valued at $19,362,241.35. The disclosure for this sale can be found here. 0.06% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on AAPL shares. Citigroup upped their price objective on shares of Apple from $175.00 to $185.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Fundamental Research set a $177.07 price target on shares of Apple and gave the stock a “buy” rating in a research report on Thursday, August 4th. Barclays set a $169.00 price target on shares of Apple in a research report on Wednesday. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $139.00 price target on shares of Apple in a research report on Thursday, September 8th. Finally, Itau BBA Securities started coverage on shares of Apple in a research report on Tuesday, July 26th. They set an “underperform” rating and a $136.00 price target for the company. Two analysts have rated the stock with a sell rating, six have given a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $181.52.

Apple Company Profile

(Get Rating)

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells various related services. In addition, the company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, an over-ear wireless headphone; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, HomePod, and iPod touch.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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