Apple Inc. (NASDAQ:AAPL) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC increased its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 12.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 400,922 shares of the iPhone maker’s stock after acquiring an additional 45,928 shares during the period. Apple comprises about 3.1% of U.S. Capital Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. U.S. Capital Wealth Advisors LLC’s holdings in Apple were worth $100,399,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. AMF Tjanstepension AB boosted its stake in shares of Apple by 21.1% in the 3rd quarter. AMF Tjanstepension AB now owns 3,380,064 shares of the iPhone maker’s stock valued at $787,631,000 after purchasing an additional 588,427 shares in the last quarter. Fiduciary Financial Group LLC lifted its holdings in Apple by 3.0% during the 3rd quarter. Fiduciary Financial Group LLC now owns 174,987 shares of the iPhone maker’s stock valued at $39,507,000 after purchasing an additional 5,134 shares during the last quarter. Mendota Financial Group LLC boosted its position in Apple by 3.8% in the third quarter. Mendota Financial Group LLC now owns 2,311 shares of the iPhone maker’s stock valued at $538,000 after buying an additional 85 shares in the last quarter. Family Wealth Partners LLC grew its stake in Apple by 5.2% during the third quarter. Family Wealth Partners LLC now owns 3,257 shares of the iPhone maker’s stock worth $759,000 after buying an additional 160 shares during the last quarter. Finally, Wynn Capital LLC increased its holdings in shares of Apple by 1.0% during the third quarter. Wynn Capital LLC now owns 31,366 shares of the iPhone maker’s stock worth $7,308,000 after buying an additional 320 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Apple Trading Down 2.7 %

NASDAQ:AAPL opened at $217.90 on Monday. The firm has a market capitalization of $3.27 trillion, a P/E ratio of 34.59, a P/E/G ratio of 2.44 and a beta of 1.18. The company has a quick ratio of 0.88, a current ratio of 0.92 and a debt-to-equity ratio of 1.26. The company has a fifty day moving average of $230.70 and a 200 day moving average of $233.43. Apple Inc. has a 52 week low of $164.08 and a 52 week high of $260.10.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS 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%. On average, research analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s dividend payout ratio is currently 15.87%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AAPL shares. JPMorgan Chase & Co. increased their price target on Apple from $260.00 to $270.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. The Goldman Sachs Group restated a “buy” rating on shares of Apple in a research note on Wednesday, February 19th. Needham & Company LLC reiterated a “buy” rating and set a $260.00 price target on shares of Apple in a research report on Friday, January 31st. Redburn Partners set a $230.00 price objective on shares of Apple in a research report on Friday, January 31st. Finally, TD Cowen reiterated a “buy” rating on shares of Apple in a research report on Tuesday, January 28th. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.52.

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.