VanderPol Investments L.L.C. Has $749,000 Stock Position in Apple Inc. (NASDAQ:AAPL)

VanderPol Investments L.L.C. grew its holdings in Apple Inc. (NASDAQ:AAPL) by 7.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,990 shares of the iPhone maker’s stock after purchasing an additional 205 shares during the period. Apple makes up about 1.6% of VanderPol Investments L.L.C.’s portfolio, making the stock its 15th biggest position. VanderPol Investments L.L.C.’s holdings in Apple were worth $749,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Bull Oak Capital LLC raised its holdings in Apple by 252.3% in the 3rd quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after buying an additional 111 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in shares of Apple during the third quarter worth $71,000. Christopher J. Hasenberg Inc grew its position in shares of Apple by 88.9% in the 3rd quarter. Christopher J. Hasenberg Inc now owns 306 shares of the iPhone maker’s stock valued at $69,000 after buying an additional 144 shares during the last quarter. Teachers Insurance & Annuity Association of America acquired a new position in shares of Apple in the third quarter worth approximately $77,000. Finally, ARK Investment Management LLC bought a new stake in Apple in the third quarter valued at approximately $110,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Performance

Shares of AAPL stock opened at $220.73 on Tuesday. The firm’s 50 day moving average is $231.54 and its 200 day moving average is $233.41. The stock has a market capitalization of $3.32 trillion, a P/E ratio of 35.04, a PEG ratio of 2.44 and a beta of 1.18. Apple Inc. has a 12 month low of $164.08 and a 12 month high of $260.10. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26.

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

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date was Monday, February 10th. Apple’s payout ratio is 15.87%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on AAPL. DA Davidson set a $290.00 target price on shares of Apple in a research note on Friday, January 31st. Loop Capital downgraded Apple from a “buy” rating to a “hold” rating and set a $230.00 price objective on the stock. in a research note on Tuesday, January 21st. KeyCorp reaffirmed an “underweight” rating and set a $200.00 target price on shares of Apple in a research note on Friday, January 31st. Redburn Partners set a $230.00 price target on Apple in a research note on Friday, January 31st. Finally, Argus upgraded Apple to a “strong-buy” rating in a report on Friday, January 31st. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $243.65.

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.