Apple Inc. (NASDAQ:AAPL) Holdings Raised by Hengehold Capital Management LLC

Hengehold Capital Management LLC increased its stake in Apple Inc. (NASDAQ:AAPL) by 3.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,138 shares of the iPhone maker’s stock after purchasing an additional 954 shares during the quarter. Hengehold Capital Management LLC’s holdings in Apple were worth $6,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its holdings in shares of Apple by 20,372.7% in 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 period. State Street Corp lifted its position in shares of Apple by 10.6% in the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock valued at $136,074,372,000 after acquiring an additional 55,935,105 shares in the last quarter. Geode Capital Management LLC boosted its stake in Apple by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 333,857,500 shares of the iPhone maker’s stock worth $77,542,863,000 after purchasing an additional 20,483,787 shares during the period. FMR LLC grew its position in Apple by 5.3% during the 3rd quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock worth $84,779,231,000 after purchasing an additional 18,224,005 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Apple by 6.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 94,942,731 shares of the iPhone maker’s stock valued at $22,121,656,000 after purchasing an additional 5,893,741 shares during the period. Hedge funds and other institutional investors own 67.73% of the company’s stock.

Insider Activity

In related news, COO Jeffrey E. Williams sold 100,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were 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 directly owns 389,944 shares in the company, valued at $97,474,301.68. This represents a 20.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.06% of the stock is owned by company insiders.

Apple Stock Up 1.8 %

Apple stock opened at $213.49 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple Inc. has a fifty-two week low of $164.08 and a fifty-two week high of $260.10. The firm has a fifty day moving average price of $234.52 and a two-hundred day moving average price of $233.73. The firm has a market cap of $3.21 trillion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 2.44 and a beta of 1.18.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. As a group, analysts forecast that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.47%. Apple’s dividend payout ratio (DPR) is presently 15.87%.

Analyst Ratings Changes

Several analysts have recently commented on AAPL shares. Wells Fargo & Company raised their target price on Apple to $275.00 and gave the stock a “buy” rating in a research report on Monday, December 9th. Barclays raised their price objective on Apple from $183.00 to $197.00 and gave the stock an “underweight” rating in a research report on Friday, January 31st. TD Cowen reiterated a “buy” rating on shares of Apple in a report on Tuesday, January 28th. Evercore ISI raised their price target on shares of Apple to $260.00 and gave the stock a “buy” rating in a report on Thursday, February 20th. Finally, Wedbush reaffirmed an “outperform” rating and set a $325.00 price objective on shares of Apple in a research report on Friday. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, twenty-one have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $243.22.

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.