Campbell Wealth Management Has $5.71 Million Stake in Apple Inc. (NASDAQ:AAPL)

Campbell Wealth Management raised its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 65.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 22,810 shares of the iPhone maker's stock after buying an additional 9,005 shares during the quarter. Apple comprises about 0.5% of Campbell Wealth Management's holdings, making the stock its 15th largest position. Campbell Wealth Management's holdings in Apple were worth $5,712,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC raised its holdings in Apple by 20,372.7% during the third quarter. International Assets Investment Management LLC now owns 94,347,510 shares of the iPhone maker's stock worth $219,829,700,000 after purchasing an additional 93,886,664 shares during the last quarter. State Street Corp boosted its stake in shares of Apple by 10.6% during the 3rd quarter. State Street Corp now owns 584,010,284 shares of the iPhone maker's stock worth $136,074,372,000 after purchasing an additional 55,935,105 shares during the last quarter. Geode Capital Management LLC grew its stake in Apple by 6.5% in the 3rd quarter. Geode Capital Management LLC now owns 333,857,500 shares of the iPhone maker's stock worth $77,542,863,000 after acquiring an additional 20,483,787 shares during the period. FMR LLC lifted its position in Apple by 5.3% during the third quarter. FMR LLC now owns 363,859,362 shares of the iPhone maker's stock worth $84,779,231,000 after buying an additional 18,224,005 shares during the period. Finally, Strategic Financial Concepts LLC boosted its position in shares of Apple by 25,285.2% in the fourth quarter. Strategic Financial Concepts LLC now owns 9,628,864 shares of the iPhone maker's stock worth $2,411,260,000 after acquiring an additional 9,590,933 shares during the last quarter. 67.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

AAPL has been the topic of several research reports. Maxim Group increased their target price on Apple to $215.00 and gave the stock a "hold" rating in a research report on Friday, February 21st. Wedbush lowered their price objective on shares of Apple from $325.00 to $250.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Jefferies Financial Group upgraded Apple from an "underperform" rating to a "hold" rating and cut their price target for the stock from $202.33 to $167.88 in a research note on Wednesday, April 9th. TD Cowen reaffirmed a "buy" rating on shares of Apple in a research report on Tuesday, January 28th. Finally, Raymond James lifted their price target on shares of Apple to $250.00 and gave the stock a "buy" rating in a research note on Friday, April 4th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $235.85.

Insider Buying and Selling

In related news, SVP Katherine L. Adams sold 38,822 shares of Apple stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $223.67, for a total transaction of $8,683,316.74. Following the completion of the sale, the senior vice president now owns 179,158 shares of the company's stock, valued at approximately $40,072,269.86. This trade represents a 17.81 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy D. Cook sold 108,136 shares of the business's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $223.65, for a total value of $24,184,616.40. Following the completion of the sale, the chief executive officer now directly owns 3,280,295 shares of the company's stock, valued at approximately $733,637,976.75. The trade was a 3.19 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 182,451 shares of company stock worth $40,818,720 in the last three months. 0.06% of the stock is currently owned by insiders.

Apple Stock Performance

Shares of AAPL traded up $2.52 during trading hours on Friday, reaching $196.79. 51,328,536 shares of the company's stock traded hands, compared to its average volume of 56,825,645. The business's fifty day simple moving average is $219.65 and its two-hundred day simple moving average is $230.08. The firm has a market capitalization of $2.96 trillion, a price-to-earnings ratio of 31.24, a P/E/G ratio of 2.44 and a beta of 1.26. Apple Inc. has a twelve month low of $164.77 and a twelve month high of $260.10. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88.

Apple (NASDAQ:AAPL - Get Free Report) last released its earnings results on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.04. Apple had a return on equity of 160.83% and a net margin of 24.30%. Analysts predict that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, February 10th. This represents a $1.00 annualized dividend and a yield of 0.51%. Apple's dividend payout ratio (DPR) is 15.87%.

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.