Alphabet Inc. (NASDAQ:GOOGL) Shares Acquired by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC grew its holdings in Alphabet Inc. (NASDAQ:GOOGL) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,379 shares of the information services provider’s stock after purchasing an additional 220 shares during the period. Jackson Creek Investment Advisors LLC’s holdings in Alphabet were worth $1,018,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. BBR Partners LLC lifted its stake in shares of Alphabet by 12.2% in the 4th quarter. BBR Partners LLC now owns 98,797 shares of the information services provider’s stock valued at $18,702,000 after purchasing an additional 10,716 shares during the last quarter. West Family Investments Inc. lifted its stake in Alphabet by 4.8% during the 4th quarter. West Family Investments Inc. now owns 33,341 shares of the information services provider’s stock worth $6,311,000 after acquiring an additional 1,514 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in Alphabet by 1.0% during the 4th quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 17,337 shares of the information services provider’s stock worth $3,282,000 after acquiring an additional 165 shares in the last quarter. Barden Capital Management Inc. acquired a new position in Alphabet during the 4th quarter worth about $2,614,000. Finally, Ashton Thomas Private Wealth LLC lifted its stake in Alphabet by 8.2% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 107,464 shares of the information services provider’s stock worth $20,343,000 after acquiring an additional 8,143 shares in the last quarter. Institutional investors and hedge funds own 40.03% of the company’s stock.

Alphabet Stock Up 2.0 %

Alphabet stock opened at $163.89 on Thursday. Alphabet Inc. has a twelve month low of $146.74 and a twelve month high of $207.05. The stock has a 50 day moving average of $183.75 and a two-hundred day moving average of $176.47. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $2.00 trillion, a price-to-earnings ratio of 20.36, a PEG ratio of 1.34 and a beta of 1.02.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Tuesday, February 4th. The information services provider reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.12 by $0.03. Alphabet had a return on equity of 32.49% and a net margin of 28.60%. As a group, research analysts expect that Alphabet Inc. will post 8.9 earnings per share for the current year.

Alphabet Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were given a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.80 dividend on an annualized basis and a yield of 0.49%. Alphabet’s payout ratio is 9.94%.

Analyst Ratings Changes

GOOGL has been the topic of several research reports. Wells Fargo & Company increased their target price on Alphabet from $187.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Monday, January 13th. Roth Mkm reissued a “buy” rating and set a $220.00 target price on shares of Alphabet in a research note on Wednesday. Morgan Stanley decreased their target price on Alphabet from $215.00 to $210.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 5th. DZ Bank lowered Alphabet from a “buy” rating to a “hold” rating and set a $198.00 price target on the stock. in a research report on Thursday, February 6th. Finally, DA Davidson increased their price target on Alphabet from $190.00 to $200.00 and gave the company a “neutral” rating in a research report on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating, twenty-nine have assigned a buy rating and four have assigned a strong buy rating to the company’s stock. According to MarketBeat, Alphabet currently has a consensus rating of “Moderate Buy” and a consensus price target of $210.59.

Insiders Place Their Bets

In other Alphabet news, Director Kavitark Ram Shriram sold 29,066 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $184.89, for a total transaction of $5,374,012.74. Following the completion of the sale, the director now directly owns 272,466 shares of the company’s stock, valued at approximately $50,376,238.74. This trade represents a 9.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider John Kent Walker sold 16,820 shares of the stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $192.62, for a total value of $3,239,868.40. Following the sale, the insider now directly owns 43,981 shares of the company’s stock, valued at $8,471,620.22. The trade was a 27.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 93,048 shares of company stock valued at $17,374,274. 11.55% of the stock is owned by company insiders.

Alphabet Company Profile

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.