Alphabet Inc (GOOGL) is WINTON GROUP Ltd’s 4th Largest Position
WINTON GROUP Ltd lifted its position in Alphabet Inc (NASDAQ:GOOGL) by 67.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,188 shares of the information services provider’s stock after acquiring an additional 30,730 shares during the period. Alphabet accounts for about 2.1% of WINTON GROUP Ltd’s investment portfolio, making the stock its 4th largest holding. WINTON GROUP Ltd’s holdings in Alphabet were worth $70,830,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue purchased a new stake in Alphabet during the 2nd quarter valued at $102,000. Franklin Parlapiano Turner & Welch LLC bought a new position in shares of Alphabet during the 1st quarter valued at $108,000. Parkside Financial Bank & Trust lifted its holdings in shares of Alphabet by 39.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 127 shares of the information services provider’s stock valued at $118,000 after buying an additional 36 shares during the period. Odey Holdings AG lifted its holdings in shares of Alphabet by 18.2% during the 2nd quarter. Odey Holdings AG now owns 130 shares of the information services provider’s stock valued at $121,000 after buying an additional 20 shares during the period. Finally, Farmers National Bank lifted its holdings in shares of Alphabet by 2.7% during the 1st quarter. Farmers National Bank now owns 150 shares of the information services provider’s stock valued at $127,000 after buying an additional 4 shares during the period. 33.62% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts have recently weighed in on GOOGL shares. Stifel Nicolaus reissued a “buy” rating and set a $1,075.00 price target on shares of Alphabet in a report on Monday, September 25th. UBS reaffirmed a “buy” rating and issued a $1,080.00 target price on shares of Alphabet in a report on Friday, September 8th. Jefferies Group reaffirmed a “buy” rating and issued a $1,200.00 target price on shares of Alphabet in a report on Tuesday, October 10th. They noted that the move was a valuation call. Mizuho reaffirmed a “buy” rating on shares of Alphabet in a report on Tuesday, October 17th. Finally, Vetr cut Alphabet from a “buy” rating to a “hold” rating and set a $1,007.29 target price on the stock. in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $1,089.17.
Shares of Alphabet Inc (NASDAQ GOOGL) opened at $1,051.39 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.73 and a current ratio of 5.77. Alphabet Inc has a 12 month low of $789.62 and a 12 month high of $1,080.00. The firm has a market cap of $728,686.50, a P/E ratio of 35.11, a PEG ratio of 1.76 and a beta of 0.89.
Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $8.43 by $1.14. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm had revenue of $22.27 billion during the quarter, compared to the consensus estimate of $21.94 billion. During the same quarter in the previous year, the firm posted $9.06 earnings per share. sell-side analysts expect that Alphabet Inc will post 32.34 EPS for the current fiscal year.
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Alphabet Company Profile
Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.
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