State of Wisconsin Investment Board Has $520.53 Million Holdings in Alphabet Inc Class A (GOOGL)

State of Wisconsin Investment Board lessened its stake in Alphabet Inc Class A (NASDAQ:GOOGL) by 10.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 460,979 shares of the information services provider’s stock after selling 56,378 shares during the period. Alphabet Inc Class A accounts for approximately 1.5% of State of Wisconsin Investment Board’s portfolio, making the stock its 5th largest position. State of Wisconsin Investment Board owned approximately 0.07% of Alphabet Inc Class A worth $520,533,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jaffetilchin Investment Partners LLC boosted its stake in shares of Alphabet Inc Class A by 7.7% during the second quarter. Jaffetilchin Investment Partners LLC now owns 572 shares of the information services provider’s stock worth $646,000 after buying an additional 41 shares during the period. Boston Family Office LLC boosted its stake in shares of Alphabet Inc Class A by 1.8% during the second quarter. Boston Family Office LLC now owns 2,452 shares of the information services provider’s stock worth $2,769,000 after buying an additional 43 shares during the period. Warren Averett Asset Management LLC boosted its stake in shares of Alphabet Inc Class A by 2.7% during the second quarter. Warren Averett Asset Management LLC now owns 1,659 shares of the information services provider’s stock worth $1,873,000 after buying an additional 44 shares during the period. Hollencrest Capital Management boosted its stake in shares of Alphabet Inc Class A by 4.1% during the second quarter. Hollencrest Capital Management now owns 1,132 shares of the information services provider’s stock worth $1,279,000 after buying an additional 45 shares during the period. Finally, West Chester Capital Advisors Inc. boosted its stake in shares of Alphabet Inc Class A by 11.5% during the second 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 during the period. Institutional investors own 33.46% of the company’s stock.

Shares of Alphabet Inc Class A stock opened at $1,083.75 on Monday. 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 debt-to-equity ratio of 0.02, a current ratio of 4.14 and a quick ratio of 4.10. The stock has a market capitalization of $754.23 billion, a price-to-earnings ratio of 33.81, a P/E/G ratio of 1.36 and a beta of 1.11.



Alphabet Inc Class A (NASDAQ:GOOGL) last issued its earnings results on Thursday, October 25th. The information services provider reported $13.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $10.54 by $2.52. Alphabet Inc Class A had a net margin of 14.45% and a return on equity of 19.40%. The company had revenue of $27.16 billion during the quarter, compared to analysts’ expectations of $27.32 billion. As a group, sell-side analysts predict that Alphabet Inc Class A will post 42.98 earnings per share for the current year.

Several research analysts recently issued reports on GOOGL shares. Wells Fargo & Co reissued an “outperform” rating and set a $1,400.00 price target (up from $1,275.00) on shares of Alphabet Inc Class A in a report on Tuesday, July 24th. B. Riley increased 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 report on Tuesday, July 24th. Wedbush started coverage on shares of Alphabet Inc Class A in a report on Wednesday, October 17th. They set an “outperform” rating and a $1,350.00 price target for the company. Barclays increased their price target on shares of Alphabet Inc Class A from $1,250.00 to $1,350.00 and gave the stock an “overweight” rating in a report on Friday, July 13th. Finally, Zacks Investment Research raised shares of Alphabet Inc Class A from a “sell” rating to a “hold” rating in a report on Tuesday, July 24th. One analyst has rated the stock with a sell rating, four have given a hold rating and thirty have issued a buy rating to the company. Alphabet Inc Class A currently has a consensus rating of “Buy” and an average price target of $1,334.23.

Alphabet Inc Class A Profile

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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