Apple Inc. (NASDAQ:AAPL) Shares Bought by WBH Advisory Inc.

WBH Advisory Inc. lifted its position in Apple Inc. (NASDAQ:AAPL - Free Report) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,594 shares of the iPhone maker's stock after acquiring an additional 1,555 shares during the quarter. Apple accounts for approximately 1.8% of WBH Advisory Inc.'s investment portfolio, making the stock its 14th largest holding. WBH Advisory Inc.'s holdings in Apple were worth $19,181,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AAPL. Drystone LLC purchased a new stake in Apple in the fourth quarter valued at approximately $25,000. Bull Oak Capital LLC increased its holdings in Apple by 252.3% in the third quarter. Bull Oak Capital LLC now owns 155 shares of the iPhone maker's stock valued at $36,000 after buying an additional 111 shares in the last quarter. Life Planning Partners Inc purchased a new position in shares of Apple in the 4th quarter valued at about $47,000. SPX Gestao de Recursos Ltda acquired a new position in shares of Apple during the 3rd quarter worth approximately $71,000. Finally, Teachers Insurance & Annuity Association of America purchased a new position in Apple during the third quarter valued at $77,000. 67.73% of the stock is currently owned by institutional investors.

Insider Activity at Apple

In other news, COO Jeffrey E. Williams sold 35,493 shares of Apple stock in a transaction dated Wednesday, April 2nd. The shares were sold at an average price of $224.01, for a total value of $7,950,786.93. Following the completion of the transaction, the chief operating officer now directly owns 390,059 shares of the company's stock, valued at approximately $87,377,116.59. The trade was a 8.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Timothy D. Cook sold 108,136 shares of Apple 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 transaction, the chief executive officer now 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 182,451 shares of company stock valued at $40,818,720 over the last ninety days. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Loop Capital lowered shares of Apple from a "buy" rating to a "hold" rating and set a $230.00 price target on the stock. in a research report on Tuesday, January 21st. Evercore ISI raised their target price on Apple from $260.00 to $275.00 and gave the company an "outperform" rating in a report on Tuesday, March 18th. Redburn Partners set a $230.00 price target on shares of Apple in a research report on Friday, January 31st. TD Cowen reiterated a "buy" rating on shares of Apple in a report on Tuesday, January 28th. Finally, Jefferies Financial Group raised Apple from an "underperform" rating to a "hold" rating and cut their price objective for the stock from $202.33 to $167.88 in a research report on Wednesday, April 9th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-two have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $233.88.

Apple Stock Down 0.0 %

AAPL stock traded down $0.05 during trading on Friday, reaching $208.32. The stock had a trading volume of 24,722,624 shares, compared to its average volume of 56,689,747. The firm has a fifty day moving average price of $216.41 and a 200 day moving average price of $229.42. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $3.13 trillion, a P/E ratio of 33.04, a PEG ratio of 2.44 and a beta of 1.26. Apple Inc. has a 1-year low of $168.15 and a 1-year high of $260.10.

Apple (NASDAQ:AAPL - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share for the quarter, beating 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%. On average, equities analysts anticipate that Apple Inc. will post 7.28 earnings per share for the current year.

Apple Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Investors of record on Monday, February 10th were paid a $0.25 dividend. The ex-dividend date was Monday, February 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.48%. Apple's dividend payout ratio (DPR) is presently 15.87%.

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.