Apple Inc. (AAPL) Shares Bought by YHB Investment Advisors Inc.
YHB Investment Advisors Inc. boosted its holdings in Apple Inc. (NASDAQ:AAPL) by 7.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 136,189 shares of the iPhone maker’s stock after purchasing an additional 9,663 shares during the period. Apple makes up 3.4% of YHB Investment Advisors Inc.’s portfolio, making the stock its 3rd largest position. YHB Investment Advisors Inc.’s holdings in Apple were worth $19,614,000 as of its most recent SEC filing.
A number of other institutional investors have also bought and sold shares of the business. FC Advisory LLC lifted its stake in Apple by 0.4% in the second quarter. FC Advisory LLC now owns 2,576 shares of the iPhone maker’s stock worth $371,000 after purchasing an additional 10 shares during the last quarter. Lenox Wealth Advisors Inc. raised its stake in shares of Apple by 0.4% during the second quarter. Lenox Wealth Advisors Inc. now owns 4,971 shares of the iPhone maker’s stock valued at $716,000 after acquiring an additional 20 shares during the last quarter. BerganKDV Wealth Management LLC raised its stake in shares of Apple by 0.4% during the second quarter. BerganKDV Wealth Management LLC now owns 5,614 shares of the iPhone maker’s stock valued at $809,000 after acquiring an additional 20 shares during the last quarter. Welch Investments LLC raised its stake in shares of Apple by 1.5% during the second quarter. Welch Investments LLC now owns 1,607 shares of the iPhone maker’s stock valued at $231,000 after acquiring an additional 23 shares during the last quarter. Finally, Sippican Capital Advisors raised its stake in shares of Apple by 0.5% during the first quarter. Sippican Capital Advisors now owns 4,912 shares of the iPhone maker’s stock valued at $706,000 after acquiring an additional 26 shares during the last quarter. 60.30% of the stock is owned by institutional investors and hedge funds.
Apple Inc. (NASDAQ:AAPL) opened at $174.67 on Friday. The company has a current ratio of 1.28, a quick ratio of 1.23 and a debt-to-equity ratio of 0.73. The stock has a market cap of $896,810.25, a P/E ratio of 18.99, a PEG ratio of 1.40 and a beta of 1.23. Apple Inc. has a 1 year low of $104.08 and a 1 year high of $176.24.
Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.87 by $0.20. Apple had a net margin of 21.09% and a return on equity of 36.29%. The business had revenue of $52.58 billion for the quarter, compared to analyst estimates of $50.71 billion. During the same period last year, the firm posted $1.50 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. research analysts predict that Apple Inc. will post 11.15 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 16th. Investors of record on Monday, November 13th will be given a $0.63 dividend. The ex-dividend date is Friday, November 10th. This represents a $2.52 dividend on an annualized basis and a yield of 1.44%. Apple’s dividend payout ratio (DPR) is 27.39%.
Several equities analysts have recently commented on AAPL shares. Oppenheimer Holdings, Inc. reaffirmed a “” rating on shares of Apple in a research note on Thursday, August 10th. Loop Capital started coverage on shares of Apple in a research note on Monday, July 24th. They set a “buy” rating and a $172.00 price objective for the company. Guggenheim reaffirmed a “buy” rating and set a $180.00 price objective on shares of Apple in a research note on Friday, July 21st. UBS AG reaffirmed a “buy” rating and set a $170.00 price objective on shares of Apple in a research note on Friday, July 21st. Finally, J P Morgan Chase & Co set a $165.00 price objective on shares of Apple and gave the company a “buy” rating in a research note on Wednesday, July 19th. Seven research analysts have rated the stock with a hold rating and forty-six have given a buy rating to the company. Apple currently has a consensus rating of “Buy” and a consensus price target of $199.14.
In related news, SVP Johny Srouji sold 10,469 shares of Apple stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $162.20, for a total value of $1,698,071.80. Following the transaction, the senior vice president now directly owns 76,250 shares in the company, valued at approximately $12,367,750. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Chris Kondo sold 6,209 shares of Apple stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $161.96, for a total transaction of $1,005,609.64. The disclosure for this sale can be found here. Over the last quarter, insiders sold 411,389 shares of company stock worth $65,364,467. 0.08% of the stock is currently owned by insiders.
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.
Receive News & Ratings for Apple Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.