Alphabet Inc Class A (GOOGL) Holdings Lifted by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. grew its stake in shares of Alphabet Inc Class A (NASDAQ:GOOGL) by 1.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,286 shares of the information services provider’s stock after acquiring an additional 47 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in Alphabet Inc Class A were worth $3,711,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Jaffetilchin Investment Partners LLC lifted its position in Alphabet Inc Class A by 7.7% in the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 572 shares of the information services provider’s stock valued at $646,000 after purchasing an additional 41 shares during the last quarter. Boston Family Office LLC lifted its position in Alphabet Inc Class A by 1.8% in the 2nd quarter. Boston Family Office LLC now owns 2,452 shares of the information services provider’s stock valued at $2,769,000 after purchasing an additional 43 shares during the last quarter. Warren Averett Asset Management LLC lifted its position in Alphabet Inc Class A by 2.7% in the 2nd quarter. Warren Averett Asset Management LLC now owns 1,659 shares of the information services provider’s stock valued at $1,873,000 after purchasing an additional 44 shares during the last quarter. Hollencrest Capital Management lifted its position in Alphabet Inc Class A by 4.1% in the 2nd quarter. Hollencrest Capital Management now owns 1,132 shares of the information services provider’s stock valued at $1,279,000 after purchasing an additional 45 shares during the last quarter. Finally, West Chester Capital Advisors Inc. raised its position in shares of Alphabet Inc Class A by 11.5% during the 2nd quarter. West Chester Capital Advisors Inc. now owns 437 shares of the information services provider’s stock worth $494,000 after buying an additional 45 shares in the last quarter. 33.48% of the stock is owned by institutional investors and hedge funds.

NASDAQ GOOGL opened at $1,083.75 on Monday. 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 12 month low of $984.00 and a 12 month high of $1,291.44. The company has a market capitalization of $754.23 billion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 1.36 and a beta of 1.10.



Alphabet Inc Class A (NASDAQ:GOOGL) last released its earnings results on Thursday, October 25th. The information services provider reported $13.06 EPS for the quarter, topping analysts’ consensus estimates of $10.54 by $2.52. Alphabet Inc Class A had a net margin of 14.45% and a return on equity of 19.75%. The business had revenue of $27.16 billion for the quarter, compared to the consensus estimate of $27.32 billion. On average, research analysts expect that Alphabet Inc Class A will post 42.98 EPS for the current fiscal year.

A number of analysts have commented on the stock. Zacks Investment Research downgraded shares of Alphabet Inc Class A from a “hold” rating to a “sell” rating in a research report on Monday, July 2nd. B. Riley boosted their price target 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. JMP Securities boosted their price target on shares of Alphabet Inc Class A from $1,235.00 to $1,390.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 24th. Nomura assumed coverage on shares of Alphabet Inc Class A in a research report on Tuesday, July 10th. They set a “buy” rating and a $1,400.00 price target on the stock. Finally, SunTrust Banks boosted their price target on shares of Alphabet Inc Class A to $1,370.00 and gave the stock a “buy” rating in a research report on Tuesday, July 24th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and thirty have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $1,334.23.

About Alphabet Inc Class A

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.

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

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