Twin Focus Capital Partners LLC maintained its stake in Alphabet Inc. (NASDAQ:GOOG) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 455 shares of the information services provider’s stock at the close of the second quarter. Twin Focus Capital Partners LLC’s holdings in Alphabet were worth $413,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. State Street Corp raised its stake in shares of Alphabet by 0.3% during the 1st quarter. State Street Corp now owns 12,067,675 shares of the information services provider’s stock worth $10,010,859,000 after buying an additional 36,864 shares during the period. Harbour Capital Advisors LLC raised its stake in shares of Alphabet by 87,001.5% during the 2nd quarter. Harbour Capital Advisors LLC now owns 1,993,754 shares of the information services provider’s stock worth $2,194,000 after buying an additional 1,991,465 shares during the period. Legal & General Group Plc raised its stake in shares of Alphabet by 5.8% during the 2nd quarter. Legal & General Group Plc now owns 1,438,707 shares of the information services provider’s stock worth $1,307,419,000 after buying an additional 79,445 shares during the period. Sanders Capital LLC raised its stake in shares of Alphabet by 2.7% during the 2nd quarter. Sanders Capital LLC now owns 1,232,175 shares of the information services provider’s stock worth $1,221,079,000 after buying an additional 32,770 shares during the period. Finally, Russell Investments Group Ltd. raised its stake in shares of Alphabet by 8.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 952,586 shares of the information services provider’s stock worth $865,829,000 after buying an additional 75,587 shares during the period. 34.43% of the stock is owned by institutional investors.

Alphabet Inc. (NASDAQ GOOG) opened at $1,040.61 on Monday. Alphabet Inc. has a 12 month low of $737.02 and a 12 month high of $1,048.39. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $723,016.88, a PE ratio of 34.84 and a beta of 0.95.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 26th. The information services provider reported $9.57 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $8.31 by $1.26. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. The firm had revenue of $27.77 billion for the quarter, compared to analyst estimates of $27.17 billion. During the same quarter in the prior year, the company earned $9.06 EPS. Alphabet’s revenue was up 23.7% on a year-over-year basis.

Several research analysts recently commented on the company. Vetr downgraded Alphabet from a “buy” rating to a “hold” rating and set a $1,080.50 price objective for the company. in a research note on Monday. SunTrust Banks, Inc. assumed coverage on Alphabet in a research note on Wednesday, August 16th. They issued a “buy” rating and a $1,100.00 price objective for the company. MKM Partners reissued a “buy” rating and issued a $1,210.00 price objective (up from $1,170.00) on shares of Alphabet in a research note on Thursday, August 10th. BidaskClub downgraded Alphabet from a “buy” rating to a “hold” rating in a research note on Thursday, August 17th. Finally, Robert W. Baird reissued an “outperform” rating and issued a $1,100.00 price objective on shares of Alphabet in a research note on Saturday, September 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and thirty-eight have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $1,047.86.

In related news, Director L John Doerr sold 12,236 shares of the stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,021.57, for a total transaction of $12,499,930.52. Following the transaction, the director now owns 3,485 shares of the company’s stock, valued at approximately $3,560,171.45. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Ann Mather sold 37 shares of the stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $940.67, for a total value of $34,804.79. Following the transaction, the director now directly owns 1,789 shares in the company, valued at approximately $1,682,858.63. The disclosure for this sale can be found here. In the last three months, insiders have sold 38,394 shares of company stock worth $37,937,930. 13.92% of the stock is owned by corporate insiders.

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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:GOOG)

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