Howland Capital Management LLC raised its holdings in Alphabet Inc Class A (NASDAQ:GOOGL) by 1.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 14,055 shares of the information services provider’s stock after buying an additional 192 shares during the period. Alphabet Inc Class A makes up about 1.3% of Howland Capital Management LLC’s holdings, making the stock its 27th largest position. Howland Capital Management LLC’s holdings in Alphabet Inc Class A were worth $15,871,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of GOOGL. HC Financial Advisors Inc. bought a new position in Alphabet Inc Class A in the fourth quarter valued at approximately $616,000. Breakline Capital LLC bought a new position in Alphabet Inc Class A in the fourth quarter valued at approximately $4,530,000. Close Asset Management Ltd lifted its stake in Alphabet Inc Class A by 9.6% in the fourth quarter. Close Asset Management Ltd now owns 61,726 shares of the information services provider’s stock valued at $65,038,000 after buying an additional 5,391 shares in the last quarter. James Hambro & Partners bought a new position in Alphabet Inc Class A in the fourth quarter valued at approximately $2,435,000. Finally, Harwood Advisory Group LLC bought a new position in Alphabet Inc Class A in the fourth quarter valued at approximately $272,000. Institutional investors own 33.56% of the company’s stock.

NASDAQ GOOGL opened at $1,207.36 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 4.13 and a current ratio of 4.15. Alphabet Inc Class A has a 1 year low of $955.55 and a 1 year high of $1,291.44. The firm has a market cap of $830.88 billion, a price-to-earnings ratio of 37.67, a PEG ratio of 1.51 and a beta of 1.10.

Alphabet Inc Class A (NASDAQ:GOOGL) last posted its quarterly earnings results on Monday, July 23rd. The information services provider reported $11.75 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $9.51 by $2.24. Alphabet Inc Class A had a net margin of 13.16% and a return on equity of 18.24%. The firm had revenue of $26.24 billion for the quarter, compared to analyst estimates of $25.64 billion. During the same period in the prior year, the firm posted $5.01 earnings per share. equities research analysts anticipate that Alphabet Inc Class A will post 42.46 EPS for the current year.

A number of research analysts have weighed in on GOOGL shares. Wells Fargo & Co reaffirmed an “outperform” rating and issued a $1,400.00 price target (up previously from $1,275.00) on shares of Alphabet Inc Class A in a research note on Tuesday, July 24th. B. Riley boosted their price objective on shares of Alphabet Inc Class A from $1,350.00 to $1,475.00 and gave the stock a “buy” rating in a research report on Tuesday, July 24th. Barclays boosted their price objective on shares of Alphabet Inc Class A from $1,250.00 to $1,350.00 and gave the stock an “overweight” rating in a research report on Friday, July 13th. Zacks Investment Research raised shares of Alphabet Inc Class A from a “sell” rating to a “hold” rating in a research report on Tuesday, July 24th. Finally, Credit Suisse Group reissued an “outperform” rating and issued a $1,375.00 price objective (up previously from $1,330.00) on shares of Alphabet Inc Class A in a research report on Tuesday, July 24th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirty-one have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $1,317.07.

Alphabet Inc Class A Profile

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

Read More: S&P 500 Index

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 Class A (NASDAQ:GOOGL).

Institutional Ownership by Quarter for Alphabet Inc Class A (NASDAQ:GOOGL)

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