The following firms have recently changed their position in GOOGL. Jackson Grant Investment Advisers Inc. now owns 170 shares of the information services provider's stock worth $135,000 after buying an additional 1 shares in the last quarter. Gulf International Bank (uk) Ltd augmented its investment by buying 950 shares an increase of 1.0% as of 09/30/2017. Delta Asset Management LLC TN now owns 136 shares of the information services provider's stock valued at $116,000 after purchasing an additional 2 shares during the period. Baystate Wealth Management LLC now owns 295 shares of the information services provider's stock valued at $288,000 after buying an additional 2 shares in the last quarter. The most recent shifts in number of shares owned by institutions came on June 30, 2017 when Geode Capital Management, Llc sold 28 shares from its total ownership of 2661. Finally, Baker Boyer National Bank acquired a new stake in shares of Alphabet in the second quarter worth $200,000.
Here are a few institutional investors who have updated their positions.
Eastern Bank decreased its stake in Alphabet Inc. If you are reading this article on another publication, it was stolen and reposted in violation of USA & worldwide copyright and trademark laws. Baird reaffirmed an outperform rating and set a $960.00 price objective on shares of Alphabet in a report on Sunday, March 5th. Currently, Alphabet Inc.net profit margin for the 12 months is at 0%. (NASDAQ:GOOGL) Earnings Growing Rapidly? It is now trading at $989.25 slightly over $938.42, the 50 day moving average and which is marginally higher than the 200 day moving average of $922.72. It has a 36.41 P/E ratio.
Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, April 27th. The information services provider reported $5.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $4.43 by $0.58. The business had revenue of $20.92 billion during the quarter, compared to the consensus estimate of $20.83 billion. In the latest earnings report the EPS was $27.59 and is expected to be $30.58 for the current year with 692,879,000 shares presently outstanding. The business's revenue was up 21.0% on a year-over-year basis. The stock declined 0.29% or $0.18 reaching $62.87 on the news. They now have a $1,050.00 price objective on the information services provider's stock.
The company is trading up by 1.71%% since yesterday's close of 972.6. Cowen & Co maintained the shares of ILMN in report on Tuesday, April 19 with "Outperform" rating. The total value of its holdings increased 0.5%. The disclosure for this sale can be found here. In this case, shares are 35.24% higher from $743.59, the worst price in 52 weeks suffered on November 14, 2016, and are keeping their losses at 19.51% for the past six months. Insiders own 13.92% of the company's stock.
In a report issued 10/12/2017 Pivotal Research bumped up the target of Google Inc. Mizuho upgraded Alphabet Inc (NASDAQ:GOOGL) on Tuesday, August 11 to "Buy" rating. Aegis reiterated a "buy" rating and set a $1,090.00 price target on shares of Alphabet in a research note on Monday, July 3rd. SunTrust Banks, Inc. assumed coverage on shares of Alphabet in a research note on Wednesday, August 16th. On Monday, July 17 the stock rating was maintained by Oppenheimer with "Buy".
July 21 investment analysts at Deutsche Bank kept the company rating at "Buy" but moved down the price target from $1.00 to $1.00. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Buy" rating given on Thursday, July 20 by Stifel Nicolaus.
Among 51 analysts covering Google (NASDAQ:GOOGL), 46 have Buy rating, 0 Sell and 5 Hold. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Alphabet by 0.6% in the fourth quarter. The Company's businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets. The Other Bets segment is engaged in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily.