Oakworth Capital Inc. increased its holdings in Apple Inc. (NASDAQ:AAPL) by 2.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 81,375 shares of the iPhone maker’s stock after buying an additional 2,026 shares during the quarter. Apple comprises approximately 4.3% of Oakworth Capital Inc.’s portfolio, making the stock its 5th largest holding. Oakworth Capital Inc.’s holdings in Apple were worth $24,672,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of AAPL. Johanson Financial Advisors Inc. increased its holdings in shares of Apple by 29,161.0% during the fourth quarter. Johanson Financial Advisors Inc. now owns 16,895,866 shares of the iPhone maker’s stock worth $57,543,000 after buying an additional 16,838,124 shares in the last quarter. California Public Employees Retirement System increased its holdings in shares of Apple by 28.2% during the third quarter. California Public Employees Retirement System now owns 10,844,434 shares of the iPhone maker’s stock worth $2,428,828,000 after buying an additional 2,382,156 shares in the last quarter. Artemis Investment Management LLP increased its holdings in shares of Apple by 300.3% during the fourth quarter. Artemis Investment Management LLP now owns 1,066,679 shares of the iPhone maker’s stock worth $312,813,000 after buying an additional 800,232 shares in the last quarter. Sanders Capital LLC increased its holdings in shares of Apple by 7.8% during the fourth quarter. Sanders Capital LLC now owns 8,787,007 shares of the iPhone maker’s stock worth $2,855,898,000 after buying an additional 633,366 shares in the last quarter. Finally, Voya Investment Management LLC increased its holdings in shares of Apple by 10.3% during the third quarter. Voya Investment Management LLC now owns 5,320,034 shares of the iPhone maker’s stock worth $1,191,529,000 after buying an additional 494,862 shares in the last quarter. 60.28% of the stock is owned by hedge funds and other institutional investors.
In other Apple news, Director Arthur D. Levinson sold 1,429 shares of the firm’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $304.11, for a total value of $434,573.19. Following the transaction, the director now directly owns 1,134,712 shares of the company’s stock, valued at $345,077,266.32. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.05% of the stock is currently owned by company insiders.
Shares of AAPL stock opened at $324.95 on Friday. Apple Inc. has a 52-week low of $169.38 and a 52-week high of $327.85. The stock has a market cap of $1,421.46 billion, a PE ratio of 25.66, a PEG ratio of 2.25 and a beta of 1.29. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.56 and a current ratio of 1.60. The firm’s 50 day moving average price is $310.86 and its two-hundred day moving average price is $254.90.
Apple (NASDAQ:AAPL) last announced its quarterly earnings data on Tuesday, January 28th. The iPhone maker reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.54 by $0.45. Apple had a net margin of 21.49% and a return on equity of 60.19%. The firm had revenue of $91.80 billion for the quarter, compared to analysts’ expectations of $88.41 billion. During the same period last year, the firm earned $4.18 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. As a group, sell-side analysts predict that Apple Inc. will post 13.78 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 13th. Shareholders of record on Monday, February 10th were paid a $0.77 dividend. The ex-dividend date of this dividend was Friday, February 7th. This represents a $3.08 dividend on an annualized basis and a yield of 0.95%. Apple’s payout ratio is presently 25.90%.
Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.
Read More: How is the LIBOR rate calculated?
Want to see what other hedge funds are holding AAPL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Apple Inc. (NASDAQ:AAPL).
Receive News & Ratings for Apple Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Apple and related companies with MarketBeat.com's FREE daily email newsletter.