Greenbrier Partners Capital Management LLC continued to hold its stake in Alphabet Inc. (NASDAQ:GOOGL) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,828 shares of the information services provider’s stock at the close of the second quarter. Alphabet makes up about 5.1% of Greenbrier Partners Capital Management LLC’s portfolio, making the stock its 9th largest holding. Greenbrier Partners Capital Management LLC’s holdings in Alphabet were worth $24,012,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. State Street Corp boosted its stake in Alphabet by 1.2% during the first quarter. State Street Corp now owns 11,946,348 shares of the information services provider’s stock valued at $10,128,119,000 after buying an additional 142,214 shares during the last quarter. Legal & General Group Plc boosted its stake in Alphabet by 3.0% during the second quarter. Legal & General Group Plc now owns 1,441,831 shares of the information services provider’s stock valued at $1,340,528,000 after buying an additional 42,001 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in Alphabet by 7.0% during the second quarter. Canada Pension Plan Investment Board now owns 1,316,448 shares of the information services provider’s stock valued at $1,223,875,000 after buying an additional 85,800 shares during the last quarter. Bank of Montreal Can lifted its stake in shares of Alphabet by 0.8% in the 2nd quarter. Bank of Montreal Can now owns 1,094,698 shares of the information services provider’s stock valued at $1,017,719,000 after purchasing an additional 8,375 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Alphabet by 4.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,038,084 shares of the information services provider’s stock valued at $965,086,000 after purchasing an additional 43,543 shares during the last quarter. 33.81% of the stock is owned by institutional investors.

Shares of Alphabet Inc. (NASDAQ:GOOGL) opened at $1,036.41 on Thursday. Alphabet Inc. has a 52-week low of $753.36 and a 52-week high of $1,063.62. The company has a debt-to-equity ratio of 0.03, a quick ratio of 5.73 and a current ratio of 5.77. The company has a market capitalization of $723,732.56, a PE ratio of 34.87, a price-to-earnings-growth ratio of 1.76 and a beta of 0.91.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, topping the Zacks’ consensus estimate of $8.43 by $1.14. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. The company had revenue of $22.27 billion during the quarter, compared to analysts’ expectations of $21.94 billion. During the same quarter in the previous year, the firm posted $9.06 EPS. equities analysts forecast that Alphabet Inc. will post 32.15 earnings per share for the current year.

Several equities research analysts have recently issued reports on the company. Vetr raised Alphabet from a “sell” rating to a “hold” rating and set a $1,027.27 price objective for the company in a research note on Monday, November 6th. Zacks Investment Research lowered Alphabet from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Citigroup Inc. reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, October 30th. Stifel Nicolaus raised 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. Finally, Pivotal Research reaffirmed a “hold” rating and issued a $990.00 price objective on shares of Alphabet in a research note on Sunday, October 29th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, thirty-nine have given a buy rating and one has issued a strong buy rating to the stock. Alphabet has a consensus rating of “Buy” and an average target price of $1,088.53.

WARNING: “Greenbrier Partners Capital Management LLC Has $24,012,000 Position in Alphabet Inc. (GOOGL)” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this news story on another site, it was illegally stolen and reposted in violation of United States and international trademark and copyright law. The legal version of this news story can be viewed at https://www.watchlistnews.com/greenbrier-partners-capital-management-llc-has-24012000-position-in-alphabet-inc-googl/1706205.html.

About Alphabet

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.

Want to see what other hedge funds are holding GOOGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alphabet Inc. (NASDAQ:GOOGL).

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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