Graybill Bartz & Assoc Ltd. lifted its stake in Alphabet Inc (NASDAQ:GOOGL) by 4.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,587 shares of the information services provider’s stock after purchasing an additional 102 shares during the quarter. Graybill Bartz & Assoc Ltd.’s holdings in Alphabet were worth $2,519,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Pure Financial Advisors Inc. increased its stake in Alphabet by 0.4% during the second quarter. Pure Financial Advisors Inc. now owns 278 shares of the information services provider’s stock worth $258,000 after acquiring an additional 1 shares during the last quarter. First Bank & Trust grew its stake in shares of Alphabet by 0.3% in the second quarter. First Bank & Trust now owns 764 shares of the information services provider’s stock valued at $710,000 after buying an additional 2 shares in the last quarter. Fort Pitt Capital Group LLC grew its stake in shares of Alphabet by 0.3% in the second quarter. Fort Pitt Capital Group LLC now owns 723 shares of the information services provider’s stock valued at $672,000 after buying an additional 2 shares in the last quarter. RB Capital Management LLC grew its stake in shares of Alphabet by 0.4% in the second quarter. RB Capital Management LLC now owns 704 shares of the information services provider’s stock valued at $654,000 after buying an additional 3 shares in the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its stake in shares of Alphabet by 0.7% in the second quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 422 shares of the information services provider’s stock valued at $392,000 after buying an additional 3 shares in the last quarter. 33.62% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently weighed in on the company. UBS reaffirmed an “overweight” rating on shares of Alphabet in a research note on Thursday, August 24th. Stifel Nicolaus lifted their price objective on Alphabet from $1,075.00 to $1,150.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Bank of America reaffirmed a “buy” rating and issued a $1,100.00 price objective on shares of Alphabet in a research note on Tuesday, September 26th. Robert W. Baird reaffirmed an “outperform” rating and issued a $1,100.00 price objective on shares of Alphabet in a research note on Saturday, August 26th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $1,150.00 price objective on shares of Alphabet in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, forty have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $1,089.17.

Shares of Alphabet Inc (GOOGL) opened at $1,085.09 on Tuesday. The stock has a market capitalization of $751,160.00, a PE ratio of 35.89, a price-to-earnings-growth ratio of 1.80 and a beta of 0.90. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. Alphabet Inc has a fifty-two week low of $789.62 and a fifty-two week high of $1,086.49.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $8.43 by $1.14. The company had revenue of $22.27 billion during the quarter, compared to the consensus estimate of $21.94 billion. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. During the same period in the previous year, the business earned $9.06 EPS. sell-side analysts predict that Alphabet Inc will post 32.34 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This news story was reported by Watch List News and is the sole property of of Watch List News. If you are viewing this news story on another site, it was illegally copied and reposted in violation of U.S. and international trademark and copyright legislation. The correct version of this news story can be accessed at https://www.watchlistnews.com/graybill-bartz-assoc-ltd-buys-102-shares-of-alphabet-inc-googl/1772200.html.

Alphabet 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.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Receive News & Ratings for Alphabet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alphabet and related companies with MarketBeat.com's FREE daily email newsletter.