Apple Inc. $AAPL Shares Acquired by Howland Capital Management LLC

Howland Capital Management LLC lifted its holdings in Apple Inc. (NASDAQ:AAPLFree Report) by 5.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 527,531 shares of the iPhone maker’s stock after buying an additional 29,015 shares during the period. Apple comprises approximately 5.1% of Howland Capital Management LLC’s portfolio, making the stock its 4th biggest position. Howland Capital Management LLC’s holdings in Apple were worth $134,325,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AAPL. Norges Bank bought a new stake in Apple during the 2nd quarter worth approximately $38,942,255,000. Nuveen LLC bought a new position in shares of Apple during the 1st quarter worth approximately $17,472,482,000. PKS Advisory Services LLC boosted its holdings in shares of Apple by 98,917.0% in the 2nd quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker’s stock valued at $12,106,000 after buying an additional 57,898,088 shares during the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker’s stock valued at $5,553,753,000 after purchasing an additional 26,937,401 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Apple by 13.3% in the 4th quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker’s stock valued at $42,918,365,000 after purchasing an additional 20,079,472 shares during the period. 67.73% of the stock is currently owned by institutional investors.

Apple Stock Performance

Shares of Apple stock opened at $275.50 on Thursday. The firm has a market capitalization of $4.04 trillion, a P/E ratio of 34.83, a PEG ratio of 2.44 and a beta of 1.09. The company has a quick ratio of 0.94, a current ratio of 0.97 and a debt-to-equity ratio of 0.87. The company has a 50 day moving average price of $267.46 and a 200 day moving average price of $255.17. Apple Inc. has a 52 week low of $169.21 and a 52 week high of $288.62.

Apple (NASDAQ:AAPLGet Free Report) last announced its quarterly earnings results on Thursday, January 29th. The iPhone maker reported $2.84 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.17. Apple had a return on equity of 159.94% and a net margin of 27.04%.The company had revenue of $143.76 billion for the quarter, compared to the consensus estimate of $138.25 billion. During the same period last year, the firm earned $2.40 EPS. The firm’s revenue for the quarter was up 15.7% compared to the same quarter last year. Sell-side analysts expect that Apple Inc. will post 7.28 EPS for the current year.

Apple Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 12th. Investors of record on Monday, February 9th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.4%. Apple’s dividend payout ratio (DPR) is presently 13.15%.

More Apple News

Here are the key news stories impacting Apple this week:

Wall Street Analyst Weigh In

AAPL has been the topic of a number of research reports. Jefferies Financial Group set a $276.47 target price on shares of Apple and gave the stock a “hold” rating in a research note on Monday, January 26th. Needham & Company LLC reaffirmed a “hold” rating on shares of Apple in a research note on Friday, January 30th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 price objective on shares of Apple in a research note on Friday, January 30th. CLSA lifted their price target on Apple from $265.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Apple in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $292.13.

Check Out Our Latest Research Report on AAPL

About Apple

(Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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