Apple Inc. (NASDAQ:AAPL) Shares Sold by Householder Group Estate & Retirement Specialist LLC

Householder Group Estate & Retirement Specialist LLC lessened its position in shares of Apple Inc. (NASDAQ:AAPL) by 2.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 54,166 shares of the iPhone maker’s stock after selling 1,085 shares during the quarter. Apple accounts for 3.4% of Householder Group Estate & Retirement Specialist LLC’s portfolio, making the stock its 5th largest position. Householder Group Estate & Retirement Specialist LLC’s holdings in Apple were worth $10,428,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Wyrmwood Management LLC lifted its position in Apple by 69.0% during the fourth quarter. Wyrmwood Management LLC now owns 169 shares of the iPhone maker’s stock valued at $33,000 after purchasing an additional 69 shares during the period. Gilfoyle & Co LLC boosted its stake in shares of Apple by 118.0% in the fourth quarter. Gilfoyle & Co LLC now owns 218 shares of the iPhone maker’s stock worth $40,000 after buying an additional 118 shares during the last quarter. PayPay Securities Corp grew its holdings in Apple by 70.2% during the third quarter. PayPay Securities Corp now owns 509 shares of the iPhone maker’s stock worth $87,000 after acquiring an additional 210 shares during the period. Cordant Inc. raised its position in Apple by 27.7% during the third quarter. Cordant Inc. now owns 645 shares of the iPhone maker’s stock valued at $110,000 after acquiring an additional 140 shares in the last quarter. Finally, Life Planning Partners Inc acquired a new position in Apple in the fourth quarter valued at approximately $132,000. 60.41% of the stock is currently owned by hedge funds and other institutional investors.

Apple Stock Up 0.6 %

AAPL stock opened at $166.90 on Wednesday. Apple Inc. has a one year low of $162.80 and a one year high of $199.62. The firm has a market cap of $2.58 trillion, a PE ratio of 26.00, a PEG ratio of 1.99 and a beta of 1.27. The firm’s 50 day moving average price is $173.88 and its 200-day moving average price is $182.03. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.02 and a current ratio of 1.07.

Apple (NASDAQ:AAPL) last posted its earnings results on Thursday, February 1st. The iPhone maker reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.09. The company had revenue of $119.60 billion for the quarter, compared to the consensus estimate of $117.99 billion. Apple had a return on equity of 156.04% and a net margin of 26.16%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.88 earnings per share. On average, equities research analysts anticipate that Apple Inc. will post 6.54 EPS for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 15th. Shareholders of record on Monday, February 12th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 0.58%. The ex-dividend date was Friday, February 9th. Apple’s dividend payout ratio (DPR) is presently 14.95%.

Insider Buying and Selling at Apple

In related news, Director Arthur D. Levinson sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $180.94, for a total transaction of $18,094,000.00. Following the completion of the transaction, the director now owns 4,434,576 shares of the company’s stock, valued at approximately $802,392,181.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Timothy D. Cook sold 99,183 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $170.03, for a total value of $16,864,085.49. Following the sale, the chief executive officer now owns 3,377,407 shares in the company, valued at approximately $574,260,512.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Arthur D. Levinson sold 100,000 shares of the firm’s stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $180.94, for a total value of $18,094,000.00. Following the transaction, the director now owns 4,434,576 shares of the company’s stock, valued at $802,392,181.44. The disclosure for this sale can be found here. Insiders sold a total of 366,271 shares of company stock worth $63,653,887 over the last three months. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on AAPL. Redburn Partners lowered shares of Apple to a “neutral” rating and set a $200.00 target price for the company. in a report on Wednesday, January 10th. Wedbush reiterated an “outperform” rating and issued a $250.00 price objective on shares of Apple in a research report on Tuesday, April 9th. JPMorgan Chase & Co. dropped their target price on Apple from $215.00 to $210.00 and set an “overweight” rating on the stock in a research report on Thursday, April 11th. Morgan Stanley reduced their price target on Apple from $220.00 to $210.00 and set an “overweight” rating for the company in a report on Monday. Finally, Needham & Company LLC reissued a “buy” rating and issued a $220.00 price objective on shares of Apple in a report on Tuesday, April 16th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $203.05.

Apple Profile

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.