YHB Investment Advisors Inc. lifted its holdings in shares of Alphabet Inc (NASDAQ:GOOG) by 4.4% during the third quarter, Holdings Channel reports. The fund owned 12,694 shares of the information services provider’s stock after purchasing an additional 536 shares during the quarter. Alphabet accounts for 2.2% of YHB Investment Advisors Inc.’s investment portfolio, making the stock its 8th largest holding. YHB Investment Advisors Inc.’s holdings in Alphabet were worth $12,175,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Burt Wealth Advisors grew its stake in Alphabet by 17.2% in the second quarter. Burt Wealth Advisors now owns 136 shares of the information services provider’s stock worth $123,000 after purchasing an additional 20 shares in the last quarter. Signature Estate & Investment Advisors LLC grew its stake in Alphabet by 3.8% in the second quarter. Signature Estate & Investment Advisors LLC now owns 137 shares of the information services provider’s stock worth $124,000 after purchasing an additional 5 shares in the last quarter. Almanack Investment Partners LLC. grew its stake in Alphabet by 4.5% in the second quarter. Almanack Investment Partners LLC. now owns 162 shares of the information services provider’s stock worth $147,000 after purchasing an additional 7 shares in the last quarter. St. Johns Investment Management Company LLC grew its stake in Alphabet by 1,046.7% in the second quarter. St. Johns Investment Management Company LLC now owns 172 shares of the information services provider’s stock worth $156,000 after purchasing an additional 157 shares in the last quarter. Finally, Catamount Wealth Management grew its stake in Alphabet by 5.8% in the second quarter. Catamount Wealth Management now owns 182 shares of the information services provider’s stock worth $165,000 after purchasing an additional 10 shares in the last quarter. 34.62% of the stock is currently owned by institutional investors and hedge funds.

Alphabet Inc (NASDAQ:GOOG) opened at $1,137.51 on Monday. The stock has a market capitalization of $792,410.00, a price-to-earnings ratio of 37.89 and a beta of 0.94. Alphabet Inc has a twelve month low of $790.52 and a twelve month high of $1,139.91. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.77 and a quick ratio of 5.73.

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

In other Alphabet news, CEO Sundar Pichai sold 4,000 shares of the company’s stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $1,127.17, for a total value of $4,508,680.00. Following the transaction, the chief executive officer now owns 656 shares of the company’s stock, valued at $739,423.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Ann Mather sold 38 shares of the business’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $1,017.21, for a total transaction of $38,653.98. Following the sale, the director now directly owns 1,805 shares in the company, valued at $1,836,064.05. The disclosure for this sale can be found here. Insiders sold 36,900 shares of company stock worth $38,411,507 in the last ninety days. 13.92% of the stock is owned by corporate insiders.

A number of equities analysts recently commented on the company. Vetr downgraded Alphabet from a “sell” rating to a “strong sell” rating and set a $949.65 price target for the company. in a research note on Wednesday, January 10th. Morningstar reiterated a “neutral” rating on shares of Alphabet in a research note on Friday. SunTrust Banks lifted their price target on Alphabet to $1,250.00 and gave the stock a “buy” rating in a research note on Friday, January 12th. Royal Bank of Canada reiterated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Finally, Cantor Fitzgerald restated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty-seven have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $1,052.31.

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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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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