All Season Financial Advisors Inc. Sells 203 Shares of Apple Inc. (NASDAQ:AAPL)

All Season Financial Advisors Inc. lowered its stake in shares of Apple Inc. (NASDAQ:AAPL) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,507 shares of the iPhone maker’s stock after selling 203 shares during the quarter. Apple comprises 1.1% of All Season Financial Advisors Inc.’s holdings, making the stock its 25th largest holding. All Season Financial Advisors Inc.’s holdings in Apple were worth $1,253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AAPL. Morgan Stanley lifted its holdings in shares of Apple by 1.0% during the 3rd quarter. Morgan Stanley now owns 206,732,960 shares of the iPhone maker’s stock valued at $35,394,751,000 after purchasing an additional 2,018,010 shares during the last quarter. Barclays PLC raised its stake in Apple by 6.0% in the third quarter. Barclays PLC now owns 49,759,061 shares of the iPhone maker’s stock valued at $8,519,244,000 after buying an additional 2,826,709 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Apple by 4.6% in the third quarter. California Public Employees Retirement System now owns 38,579,495 shares of the iPhone maker’s stock worth $6,605,195,000 after acquiring an additional 1,696,576 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Apple by 1.7% during the third quarter. Nordea Investment Management AB now owns 17,519,918 shares of the iPhone maker’s stock worth $3,020,609,000 after acquiring an additional 287,329 shares during the last quarter. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Apple by 7.5% in the 3rd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 14,616,794 shares of the iPhone maker’s stock valued at $2,502,541,000 after purchasing an additional 1,018,430 shares during the last quarter. Hedge funds and other institutional investors own 60.41% of the company’s stock.

Apple Price Performance

NASDAQ:AAPL opened at $169.30 on Friday. The stock has a 50 day moving average of $173.04 and a two-hundred day moving average of $181.79. Apple Inc. has a 12 month low of $164.07 and a 12 month high of $199.62. The firm has a market cap of $2.61 trillion, a P/E ratio of 26.37, a price-to-earnings-growth ratio of 2.04 and a beta of 1.27. 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:AAPL) last issued its quarterly earnings results on Thursday, February 1st. The iPhone maker reported $2.18 EPS for the quarter, topping the consensus estimate of $2.09 by $0.09. Apple had a return on equity of 156.04% and a net margin of 26.16%. The firm had revenue of $119.60 billion during the quarter, compared to analysts’ expectations of $117.99 billion. During the same period in the previous year, the business earned $1.88 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, analysts expect that Apple Inc. will post 6.54 earnings per share for the current fiscal year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Monday, February 12th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.96 annualized dividend and a dividend yield of 0.57%. Apple’s dividend payout ratio (DPR) is 14.95%.

Insider Transactions at Apple

In related news, Director Arthur D. Levinson sold 100,000 shares of the company’s stock in a transaction that occurred on Thursday, February 29th. The stock was sold at an average price of $180.94, for a total value of $18,094,000.00. Following the transaction, the director now directly owns 4,434,576 shares in the company, valued at $802,392,181.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, Director Arthur D. Levinson sold 100,000 shares of the company’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $180.94, for a total value of $18,094,000.00. Following the transaction, the director now owns 4,434,576 shares of the company’s stock, valued at approximately $802,392,181.44. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Timothy D. Cook sold 99,183 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $170.03, for a total value of $16,864,085.49. Following the transaction, the chief executive officer now owns 3,377,407 shares of the company’s stock, valued at $574,260,512.21. The disclosure for this sale can be found here. Insiders sold 366,271 shares of company stock worth $63,653,887 in the last 90 days. Insiders own 0.06% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Needham & Company LLC reissued a “buy” rating and set a $220.00 target price on shares of Apple in a research report on Tuesday, April 16th. Redburn Partners lowered shares of Apple to a “neutral” rating and set a $200.00 price objective on the stock. in a report on Wednesday, January 10th. DZ Bank restated a “hold” rating and issued a $180.00 target price on shares of Apple in a research note on Thursday, March 28th. Redburn Atlantic downgraded Apple from a “buy” rating to a “neutral” rating and set a $200.00 price target on the stock. in a research note on Wednesday, January 10th. Finally, UBS Group restated a “hold” rating and issued a $190.00 price objective on shares of Apple in a research note on Monday, March 25th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $203.05.

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.