Apple Inc. (NASDAQ:AAPL) Shares Sold by Ogorek Anthony Joseph NY ADV

Ogorek Anthony Joseph NY ADV lessened its holdings in shares of Apple Inc. (NASDAQ:AAPL) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 22,135 shares of the iPhone maker’s stock after selling 320 shares during the period. Apple makes up about 1.8% of Ogorek Anthony Joseph NY ADV’s portfolio, making the stock its 16th biggest holding. Ogorek Anthony Joseph NY ADV’s holdings in Apple were worth $5,543,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Drystone LLC purchased a new position in shares of Apple in the fourth quarter worth $25,000. Bull Oak Capital LLC increased its position in shares of Apple by 252.3% in the 3rd quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker’s stock valued at $36,000 after acquiring an additional 111 shares during the period. SPX Gestao de Recursos Ltda purchased a new position in Apple in the 3rd quarter worth $71,000. Teachers Insurance & Annuity Association of America acquired a new stake in Apple during the 3rd quarter worth about $77,000. Finally, ARK Investment Management LLC purchased a new stake in Apple during the 3rd quarter valued at about $110,000. Institutional investors and hedge funds own 67.73% of the company’s stock.

Apple Stock Up 0.5 %

NASDAQ AAPL opened at $223.19 on Wednesday. The business has a fifty day moving average price of $230.55 and a 200 day moving average price of $233.43. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The company has a market cap of $3.35 trillion, a P/E ratio of 35.43, a P/E/G ratio of 2.44 and a beta of 1.18. Apple Inc. has a one year low of $164.08 and a one year high of $260.10.

Apple (NASDAQ:AAPL) last posted its quarterly earnings results on Thursday, January 30th. The iPhone maker reported $2.40 EPS for the quarter, beating the consensus estimate of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. Research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were given a dividend of $0.25 per share. The ex-dividend date was Monday, February 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.45%. Apple’s payout ratio is 15.87%.

Wall Street Analysts Forecast Growth

AAPL has been the subject of several research analyst reports. JPMorgan Chase & Co. raised their price objective on Apple from $260.00 to $270.00 and gave the stock an “overweight” rating in a research note on Friday, January 31st. Rosenblatt Securities reissued a “buy” rating and set a $262.00 price target on shares of Apple in a research report on Monday, January 27th. Maxim Group increased their price objective on shares of Apple to $215.00 and gave the stock a “hold” rating in a research note on Friday, February 21st. Jefferies Financial Group reissued an “underperform” rating on shares of Apple in a report on Wednesday, February 19th. Finally, Raymond James upped their price target on shares of Apple to $250.00 and gave the company a “buy” rating in a report on Monday, January 20th. Four research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-one have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $245.52.

About Apple

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