Apple Inc. (NASDAQ:AAPL) Position Trimmed by Kaye Capital Management – Journal Today Online

Kaye Capital Management attenuated its holdings in shares of Apple Inc. (NASDAQ:AAPL – Free Report) by 4.8% in the 1st quarter, according to the consort in its most past revealing with the Securities and Exchange Commission (SEC). The money owned 19,136 shares of the iPhone maker’s hit after commerce 963 shares during the period. Apple comprises most 1.4% of Kaye Capital Management’s portfolio, making the hit its 15th maximal holding. Kaye Capital Management’s holdings in Apple were worth $3,281,000 as of its most past SEC filing.

Several another institutionalised investors hit also fresh added to or baritone their wager in the business. Vanguard Group Inc. grew its function in shares of Apple by 1.4% during the ordinal quarter. Vanguard Group Inc. today owns 1,318,064,349 shares of the iPhone maker’s hit worth $253,766,929,000 after feat an added 18,067,216 shares during the terminal quarter. Norges Bank bought a newborn function in shares of Apple during the ordinal lodge worth most $33,912,466,000. International Assets Investment Management LLC grew its function in shares of Apple by 14,395.4% during the ordinal quarter. International Assets Investment Management LLC today owns 70,700,395 shares of the iPhone maker’s hit worth $136,119,470,000 after feat an added 70,212,651 shares during the terminal quarter. statesman Management Group LLP grew its function in shares of Apple by 3.6% during the ordinal quarter. statesman Management Group LLP today owns 60,651,275 shares of the iPhone maker’s hit worth $11,677,190,000 after feat an added 2,096,360 shares during the terminal quarter. Finally, Fisher Asset Management LLC grew its function in shares of Apple by 2.0% during the ordinal quarter. Fisher Asset Management LLC today owns 54,702,300 shares of the iPhone maker’s hit worth $10,531,834,000 after feat an added 1,067,587 shares during the terminal quarter. Institutional investors possess 60.41% of the company’s stock.

Insider Buying and Selling

In attendant news, insider Chris Kondo oversubscribed 4,999 shares of the hit in a dealings that occurred on Wednesday, May 15th. The hit was oversubscribed at an cipher toll of $190.40, for a amount continuance of $951,809.60. Following the transaction, the insider today owns 29,278 shares in the company, valued at $5,574,531.20. The dealings was unconcealed in a filing with the Securities & Exchange Commission, which is acquirable at this link. In another Apple news, Director President D. Levinson oversubscribed 75,000 shares of the hit in a dealings that occurred on Thursday, May 30th. The hit was oversubscribed at an cipher toll of $191.58, for a amount dealings of $14,368,500.00. Following the transaction, the administrator today owns 4,359,576 shares in the company, valued at $835,207,570.08. The understanding was unconcealed in a filing with the SEC, which is acquirable at the SEC website. Also, insider Chris Kondo oversubscribed 4,999 shares of the hit in a dealings that occurred on Wednesday, May 15th. The shares were oversubscribed at an cipher toll of $190.40, for a amount continuance of $951,809.60. Following the transaction, the insider today owns 29,278 shares in the company, valued at roughly $5,574,531.20. The revealing for this understanding crapper be institute here. 0.06% of the hit is currently owned by joint insiders.

Apple Price Performance

Shares of AAPL unsealed at $228.88 on Thursday. The business’s 50-day agitated cipher is $206.02 and its 200-day agitated cipher is $188.31. Apple Inc. has a fifty-two hebdomad baritone of $164.07 and a fifty-two hebdomad broad of $237.23. The consort has a mart estimation of $3.51 trillion, a price-to-earnings ratio of 35.60, a P/E/G ratio of 2.85 and a beta of 1.24. The consort has a debt-to-equity ratio of 1.24, a underway ratio of 1.04 and a hurried ratio of 0.99.

Apple (NASDAQ:AAPL – Get Free Report) terminal free its quarterly earnings accumulation on Thursday, May 2nd. The iPhone concern reportable $1.53 EPS for the quarter, superior analysts’ consensus estimates of $1.51 by $0.02. Apple had a convey on justness of 148.33% and a gain edge of 26.31%. The concern had income of $90.75 1000000000 for the quarter, compared to the consensus judge of $90.37 billion. During the aforementioned lodge in the preceding year, the consort posted $1.52 earnings per share. The firm’s income was downbound 4.3% on a year-over-year basis. Equities investigate analysts wait that Apple Inc. module place 6.59 EPS for the underway business year.

Apple proclaimed that its Board of Directors has authorised a hit purchase organisation on Thursday, May 2nd that authorizes the consort to buyback $110.00 1000000000 in unpaid shares. This buyback dominance authorizes the iPhone concern to reacquire up to 3.9% of its hit finished unstoppered mart purchases. Stock buyback plans are commonly an communication that the company’s activity believes its hit is undervalued.

Apple Increases Dividend

The consort also fresh unconcealed a quarterly dividend, which was paying on Thursday, May 16th. Investors of achievement on Monday, May 13th were issued a $0.25 dividend. The ex-dividend fellow of this dividend was Friday, May 10th. This represents a $1.00 dividend on an annualized foundation and a consent of 0.44%. This is an process from Apple’s preceding quarterly dividend of $0.24. Apple’s dividend payout ratio is currently 15.55%.

Analyst Upgrades and Downgrades

A sort of equities analysts fresh issued reports on AAPL shares. Tigress Financial accumulated their direct toll on shares of Apple from $240.00 to $245.00 and gave the consort a “strong-buy” judgement in a investigate inform on Thursday, May 30th. Citigroup attenuated their direct toll on shares of Apple from $220.00 to $210.00 and ordered a “buy” judgement for the consort in a investigate inform on Monday, Apr 29th. Cfra accumulated their direct toll on shares of Apple from $240.00 to $260.00 and gave the consort a “buy” judgement in a investigate inform on Wednesday. moneyman discoverer accumulated their direct toll on shares of Apple from $216.00 to $273.00 and gave the consort an “overweight” judgement in a investigate inform on Monday. Finally, Monness Crespi & Hardt reiterated a “buy” judgement and issued a $205.00 direct toll on shares of Apple in a investigate inform on Thursday, June 6th. One equities investigate shrink has rated the hit with a delude rating, decade hit presented a stop rating, twenty-six hit appointed a acquire judgement and digit has appointed a brawny acquire judgement to the company. According to MarketBeat.com, the hit presently has a consensus judgement of “Moderate Buy” and an cipher toll direct of $224.78.

Check Out Our Latest Analysis on AAPL

Apple Company Profile

(Free Report)

Apple Inc designs, manufactures, and markets smartphones, individualized computers, tablets, wearables, and accessories worldwide. The consort offers iPhone, a distinction of smartphones; Mac, a distinction of individualized computers; iPad, a distinction of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Further Reading

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