Holistic Planning LLC Acquires 386 Shares of Apple Inc. (NASDAQ:AAPL)

Holistic Planning LLC lifted its stake in Apple Inc. (NASDAQ:AAPL) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,438 shares of the iPhone maker’s stock after buying an additional 386 shares during the period. Apple makes up approximately 1.4% of Holistic Planning LLC’s investment portfolio, making the stock its 15th biggest position. Holistic Planning LLC’s holdings in Apple were worth $3,866,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Drystone LLC bought a new stake in shares of Apple during the 4th quarter worth approximately $25,000. Bull Oak Capital LLC increased its stake in Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after acquiring an additional 111 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in Apple during the third quarter valued at approximately $71,000. Teachers Insurance & Annuity Association of America bought a new stake in Apple during the third quarter worth $77,000. Finally, ARK Investment Management LLC acquired a new stake in shares of Apple in the 3rd quarter valued at $110,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Trading Up 0.5 %

NASDAQ:AAPL opened at $223.19 on Wednesday. Apple Inc. has a 52 week low of $164.08 and a 52 week high of $260.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The firm’s fifty day moving average is $230.55 and its 200-day moving average is $233.43. The firm has a market cap of $3.35 trillion, a P/E ratio of 35.43, a P/E/G ratio of 2.44 and a beta of 1.18.

Apple (NASDAQ:AAPL) last issued its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. Equities analysts expect that Apple Inc. will post 7.28 earnings per share for the current 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 paid a dividend of $0.25 per share. The ex-dividend date was Monday, February 10th. This represents a $1.00 annualized dividend and a yield of 0.45%. Apple’s dividend payout ratio is currently 15.87%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Jefferies Financial Group reissued an “underperform” rating on shares of Apple in a report on Wednesday, February 19th. Bank of America boosted their target price on Apple from $253.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Barclays raised their price target on shares of Apple from $183.00 to $197.00 and gave the company an “underweight” rating in a research note on Friday, January 31st. Wedbush reaffirmed an “outperform” rating and set a $325.00 price target on shares of Apple in a report on Friday, March 14th. Finally, Loop Capital downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 price objective for the company. in a research note on Tuesday, January 21st. Four equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $245.52.

About Apple

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.