BKD Wealth Advisors LLC boosted its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 4.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,976 shares of the iPhone maker’s stock after purchasing an additional 2,028 shares during the period. Apple comprises approximately 0.8% of BKD Wealth Advisors LLC’s investment portfolio, making the stock its 17th biggest holding. BKD Wealth Advisors LLC’s holdings in Apple were worth $7,198,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Cordasco Financial Network lifted its position in Apple by 1.5% during the second quarter. Cordasco Financial Network now owns 3,233 shares of the iPhone maker’s stock valued at $466,000 after purchasing an additional 49 shares during the period. Stock Yards Bank & Trust Co. lifted its position in Apple by 0.3% during the second quarter. Stock Yards Bank & Trust Co. now owns 168,064 shares of the iPhone maker’s stock valued at $24,205,000 after purchasing an additional 571 shares during the period. First Command Bank lifted its position in Apple by 3.1% during the second quarter. First Command Bank now owns 8,249 shares of the iPhone maker’s stock valued at $1,188,000 after purchasing an additional 249 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC lifted its position in Apple by 1.7% during the second quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 24,433 shares of the iPhone maker’s stock valued at $3,518,000 after purchasing an additional 406 shares during the period. Finally, Stillwater Capital Advisors LLC lifted its position in Apple by 0.4% during the second quarter. Stillwater Capital Advisors LLC now owns 104,983 shares of the iPhone maker’s stock valued at $15,120,000 after purchasing an additional 368 shares during the period. Institutional investors own 60.35% of the company’s stock.

In other Apple news, insider Daniel J. Riccio sold 11,949 shares of the stock in a transaction on Thursday, July 6th. The stock was sold at an average price of $142.86, for a total transaction of $1,707,034.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP D Bruce Sewell sold 31,625 shares of the stock in a transaction on Monday, August 7th. The stock was sold at an average price of $158.13, for a total value of $5,000,861.25. Following the transaction, the senior vice president now owns 112,430 shares of the company’s stock, valued at $17,778,555.90. The disclosure for this sale can be found here. Insiders have sold 432,930 shares of company stock valued at $69,008,577 over the last quarter. Corporate insiders own 0.08% of the company’s stock.

Apple Inc. (NASDAQ AAPL) traded down 1.19% during mid-day trading on Friday, reaching $151.57. 28,588,851 shares of the company’s stock traded hands. Apple Inc. has a 12 month low of $104.08 and a 12 month high of $164.94. The stock has a market capitalization of $782.89 billion, a PE ratio of 17.21 and a beta of 1.27. The firm’s 50-day moving average price is $159.51 and its 200 day moving average price is $149.86. Apple also was the recipient of unusually large options trading on Wednesday. Stock traders purchased 174,155 put options on the stock. This represents an increase of 102% compared to the typical volume of 86,200 put options.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.10. Apple had a return on equity of 35.40% and a net margin of 20.87%. The firm had revenue of $45.41 billion during the quarter, compared to analyst estimates of $44.94 billion. During the same period in the prior year, the company posted $1.42 earnings per share. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts predict that Apple Inc. will post $9.01 EPS for the current year.

AAPL has been the subject of a number of analyst reports. Wells Fargo & Company reiterated a “neutral” rating on shares of Apple in a research report on Thursday, May 25th. Cowen and Company reiterated an “outperform” rating and issued a $160.00 price objective on shares of Apple in a research report on Thursday, May 25th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating on shares of Apple in a research report on Thursday, May 25th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $170.00 price objective on shares of Apple in a research report on Monday, May 29th. Finally, Sanford C. Bernstein set a $160.00 price objective on shares of Apple and gave the stock a “buy” rating in a research report on Monday, May 29th. Ten analysts have rated the stock with a hold rating, forty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Apple presently has a consensus rating of “Buy” and a consensus price target of $188.37.

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About Apple

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.

Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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