Apple Inc. (NASDAQ:AAPL) Stake Lifted by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC lifted its stake in Apple Inc. (NASDAQ:AAPL) by 5.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,937 shares of the iPhone maker’s stock after buying an additional 1,986 shares during the period. Apple makes up 2.7% of Tempus Wealth Planning LLC’s portfolio, making the stock its 4th biggest position. Tempus Wealth Planning LLC’s holdings in Apple were worth $8,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its stake 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 valued at $219,829,700,000 after purchasing an additional 93,886,664 shares during the period. State Street Corp lifted its holdings in Apple by 10.6% in the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker’s stock worth $136,074,372,000 after buying an additional 55,935,105 shares in the last quarter. Geode Capital Management LLC boosted its position 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 valued at $77,542,863,000 after buying an additional 20,483,787 shares during the last quarter. FMR LLC grew its stake in shares of Apple by 5.3% during the third quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker’s stock valued at $84,779,231,000 after acquiring an additional 18,224,005 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Apple by 6.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 94,942,731 shares of the iPhone maker’s stock worth $22,121,656,000 after acquiring an additional 5,893,741 shares during the last quarter. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Trading Up 0.3 %

NASDAQ:AAPL opened at $223.89 on Thursday. The stock has a market cap of $3.36 trillion, a price-to-earnings ratio of 35.54, a PEG ratio of 2.44 and a beta of 1.18. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. Apple Inc. has a 1 year low of $164.08 and a 1 year high of $260.10. The business has a fifty day moving average of $230.55 and a 200-day moving average of $233.36.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share (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 predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Announces Dividend

The company 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 of this dividend 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%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of analyst reports. UBS Group increased their price target on Apple to $236.00 and gave the company a “hold” rating in a report on Tuesday, February 25th. TD Cowen reiterated a “buy” rating on shares of Apple in a research note on Tuesday, January 28th. The Goldman Sachs Group restated a “buy” rating on shares of Apple in a research note on Wednesday, February 19th. Wedbush reiterated an “outperform” rating and set a $325.00 price objective on shares of Apple in a research note on Friday, March 14th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $260.00 target price on shares of Apple in a research report on Friday, January 31st. Four analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target 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.