Intergy Private Wealth LLC Has $3.58 Million Stock Holdings in Apple Inc. (NASDAQ:AAPL)

Intergy Private Wealth LLC lifted its position in shares of Apple Inc. (NASDAQ:AAPL) by 4.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,306 shares of the iPhone maker’s stock after acquiring an additional 651 shares during the period. Apple makes up about 1.3% of Intergy Private Wealth LLC’s portfolio, making the stock its 17th largest holding. Intergy Private Wealth LLC’s holdings in Apple were worth $3,583,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. High Net Worth Advisory Group LLC boosted its stake in shares of Apple by 1.7% in the 3rd quarter. High Net Worth Advisory Group LLC now owns 64,015 shares of the iPhone maker’s stock valued at $14,916,000 after purchasing an additional 1,066 shares during the last quarter. Amara Financial LLC. acquired a new position in Apple during the third quarter worth $288,000. Sterling Investment Counsel LLC lifted its stake in shares of Apple by 3.8% in the third quarter. Sterling Investment Counsel LLC now owns 69,824 shares of the iPhone maker’s stock valued at $16,269,000 after buying an additional 2,565 shares in the last quarter. Silicon Valley Capital Partners grew its holdings in shares of Apple by 12.8% during the third quarter. Silicon Valley Capital Partners now owns 253,743 shares of the iPhone maker’s stock valued at $59,122,000 after buying an additional 28,799 shares during the last quarter. Finally, Catalyst Financial Partners LLC increased its position in shares of Apple by 4.2% during the third quarter. Catalyst Financial Partners LLC now owns 96,589 shares of the iPhone maker’s stock worth $22,505,000 after acquiring an additional 3,935 shares in the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Citigroup raised their price objective on Apple from $255.00 to $275.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Evercore ISI upped their target price on Apple from $260.00 to $275.00 and gave the company an “outperform” rating in a report on Tuesday, March 18th. Raymond James lifted their price target on Apple to $250.00 and gave the stock a “buy” rating in a report on Monday, January 20th. KeyCorp reaffirmed an “underweight” rating and set a $200.00 target price on shares of Apple in a research report on Friday, January 31st. Finally, Loop Capital downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 price target on the stock. in a report on Tuesday, January 21st. Four equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $243.65.

Apple Trading Up 1.0 %

NASDAQ AAPL opened at $223.85 on Friday. 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 stock’s 50-day simple moving average is $230.94 and its two-hundred day simple moving average is $233.28. Apple Inc. has a twelve month low of $164.08 and a twelve month high of $260.10. The company has a market capitalization of $3.36 trillion, a price-to-earnings ratio of 35.53, a PEG ratio of 2.44 and a beta of 1.18.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share 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%. Research analysts forecast that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

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

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.