Apple Inc. (NASDAQ:AAPL) is Vista Capital Partners Inc.’s 8th Largest Position

Vista Capital Partners Inc. lifted its holdings in Apple Inc. (NASDAQ:AAPL) by 0.7% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 37,138 shares of the iPhone maker’s stock after buying an additional 262 shares during the period. Apple makes up approximately 1.0% of Vista Capital Partners Inc.’s portfolio, making the stock its 8th biggest holding. Vista Capital Partners Inc.’s holdings in Apple were worth $8,653,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. International Assets Investment Management LLC increased its holdings in Apple by 20,372.7% during the third quarter. International Assets Investment Management LLC now owns 94,347,510 shares of the iPhone maker’s stock worth $219,829,700,000 after buying an additional 93,886,664 shares during the last quarter. Strategic Financial Concepts LLC grew its position in shares of Apple by 14,145.8% during the 2nd quarter. Strategic Financial Concepts LLC now owns 7,612,261 shares of the iPhone maker’s stock valued at $1,603,000 after acquiring an additional 7,558,826 shares during the period. Pathway Financial Advisers LLC increased its stake in shares of Apple by 22,870.6% during the 3rd quarter. Pathway Financial Advisers LLC now owns 5,590,588 shares of the iPhone maker’s stock worth $1,302,607,000 after purchasing an additional 5,566,250 shares during the last quarter. William Blair Investment Management LLC bought a new stake in shares of Apple in the 2nd quarter worth approximately $834,368,000. Finally, National Pension Service lifted its stake in Apple by 14.0% in the third quarter. National Pension Service now owns 27,882,996 shares of the iPhone maker’s stock valued at $6,496,738,000 after purchasing an additional 3,416,922 shares during the last quarter. 67.73% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider Chris Kondo sold 4,130 shares of Apple stock in a transaction on Monday, November 18th. The shares were sold at an average price of $228.87, for a total value of $945,233.10. Following the sale, the insider now owns 15,419 shares in the company, valued at $3,528,946.53. The trade was a 21.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Jeffrey E. Williams sold 100,000 shares of the company’s 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 completion of the transaction, the chief operating officer now owns 389,944 shares of the company’s stock, valued at $97,474,301.68. This trade represents a 20.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.06% of the stock is owned by insiders.

Apple Price Performance

Shares of Apple stock opened at $236.85 on Monday. The stock has a market capitalization of $3.58 trillion, a P/E ratio of 38.96, a price-to-earnings-growth ratio of 2.41 and a beta of 1.20. Apple Inc. has a one year low of $164.07 and a one year high of $260.10. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.87 and a quick ratio of 0.83. The business’s 50 day simple moving average is $240.18 and its two-hundred day simple moving average is $230.22.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, October 31st. The iPhone maker reported $1.64 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.04. The company had revenue of $94.93 billion during the quarter, compared to analyst estimates of $94.52 billion. Apple had a net margin of 23.97% and a return on equity of 152.94%. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.46 EPS. Analysts forecast that Apple Inc. will post 7.43 EPS for the current year.

Apple Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 14th. Stockholders of record on Monday, November 11th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, November 8th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.42%. Apple’s dividend payout ratio is currently 16.45%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AAPL shares. Barclays boosted their target price on Apple to $184.00 and gave the company a “sell” rating in a research note on Friday. Sanford C. Bernstein upped their price objective on shares of Apple from $240.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, January 3rd. Needham & Company LLC reiterated a “buy” rating and set a $260.00 target price on shares of Apple in a research report on Tuesday, December 10th. StockNews.com lowered shares of Apple from a “buy” rating to a “hold” rating in a research report on Friday, November 1st. Finally, Citigroup raised their price objective on shares of Apple to $185.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. Three research analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Apple has a consensus rating of “Moderate Buy” and an average price target of $239.85.

Apple 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.