Leavell Investment Management Inc. lifted its holdings in Apple Inc. (NASDAQ:AAPL) by 1.0% in the third quarter, HoldingsChannel reports. The firm owned 100,355 shares of the iPhone maker’s stock after buying an additional 979 shares during the period. Apple comprises about 1.9% of Leavell Investment Management Inc.’s portfolio, making the stock its 5th largest position. Leavell Investment Management Inc.’s holdings in Apple were worth $15,467,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. YHB Investment Advisors Inc. boosted its position in shares of Apple by 7.6% in the 2nd quarter. YHB Investment Advisors Inc. now owns 136,189 shares of the iPhone maker’s stock worth $19,614,000 after purchasing an additional 9,663 shares in the last quarter. Lederer & Associates Investment Counsel CA boosted its position in shares of Apple by 2.1% in the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 37,336 shares of the iPhone maker’s stock worth $5,377,000 after purchasing an additional 779 shares in the last quarter. Empirical Financial Services LLC boosted its position in shares of Apple by 23.9% in the 2nd quarter. Empirical Financial Services LLC now owns 21,558 shares of the iPhone maker’s stock worth $3,105,000 after purchasing an additional 4,154 shares in the last quarter. Carnick & Kubik Group LLC boosted its position in shares of Apple by 14.4% in the 2nd quarter. Carnick & Kubik Group LLC now owns 20,744 shares of the iPhone maker’s stock worth $2,987,000 after purchasing an additional 2,612 shares in the last quarter. Finally, GenTrust LLC boosted its position in shares of Apple by 1,022.9% in the 2nd quarter. GenTrust LLC now owns 34,315 shares of the iPhone maker’s stock worth $4,942,000 after purchasing an additional 31,259 shares in the last quarter. 60.17% of the stock is owned by hedge funds and other institutional investors.

Apple Inc. (AAPL) opened at $174.33 on Wednesday. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 0.73. Apple Inc. has a 52 week low of $118.21 and a 52 week high of $177.20. The firm has a market capitalization of $895,060.00, a PE ratio of 18.97, a P/E/G ratio of 1.43 and a beta of 1.23.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.87 by $0.20. Apple had a return on equity of 36.29% and a net margin of 21.09%. The firm had revenue of $52.58 billion during the quarter, compared to analyst estimates of $50.71 billion. During the same quarter in the previous year, the business earned $1.50 EPS. Apple’s revenue for the quarter was up 12.2% compared to the same quarter last year. research analysts forecast that Apple Inc. will post 11.18 earnings per share for the current year.

In related news, SVP Johny Srouji sold 5,760 shares of Apple stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $174.40, for a total value of $1,004,544.00. Following the completion of the transaction, the senior vice president now owns 81,560 shares in the company, valued at approximately $14,224,064. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Daniel J. Riccio sold 15,641 shares of Apple stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $172.35, for a total value of $2,695,726.35. Following the completion of the transaction, the insider now owns 39,682 shares of the company’s stock, valued at approximately $6,839,192.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 128,412 shares of company stock valued at $22,115,155. 0.06% of the stock is owned by company insiders.

A number of analysts have recently weighed in on AAPL shares. UBS Group reissued a “buy” rating and issued a $180.00 price objective on shares of Apple in a research report on Tuesday, September 12th. Drexel Hamilton reaffirmed a “buy” rating and set a $208.00 price target on shares of Apple in a research report on Wednesday, September 13th. Bank of America reaffirmed a “buy” rating and set a $180.00 price target on shares of Apple in a research report on Wednesday, September 13th. Instinet reaffirmed a “buy” rating and set a $185.00 price target on shares of Apple in a research report on Wednesday, September 13th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $180.00 price target on shares of Apple in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, forty-one have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Apple currently has a consensus rating of “Buy” and an average target price of $198.70.

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Apple Profile

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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