Alphabet Inc. (GOOGL) Shares Bought by Delaney Dennis R
Delaney Dennis R increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 30.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 585 shares of the company’s stock after buying an additional 137 shares during the period. Delaney Dennis R’s holdings in Alphabet were worth $412,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in GOOGL. North Star Investment Management Corp. increased its stake in Alphabet by 106.7% in the first quarter. North Star Investment Management Corp. now owns 1,755 shares of the company’s stock valued at $1,339,000 after buying an additional 906 shares in the last quarter. St. Johns Investment Management Company LLC increased its stake in Alphabet by 1.8% in the first quarter. St. Johns Investment Management Company LLC now owns 2,687 shares of the company’s stock valued at $2,050,000 after buying an additional 48 shares in the last quarter. Wade G W & Inc. purchased a new stake in shares of Alphabet during the first quarter worth $939,000. Meristem LLP boosted its stake in shares of Alphabet by 54.1% in the first quarter. Meristem LLP now owns 948 shares of the company’s stock worth $723,000 after buying an additional 333 shares during the last quarter. Finally, Investment Centers of America Inc. boosted its stake in shares of Alphabet by 71.6% in the first quarter. Investment Centers of America Inc. now owns 1,598 shares of the company’s stock worth $1,227,000 after buying an additional 667 shares during the last quarter. 34.12% of the stock is currently owned by hedge funds and other institutional investors.
Alphabet Inc. (NASDAQ:GOOGL) traded up 0.06% during midday trading on Friday, hitting $804.60. The stock had a trading volume of 1,111,934 shares. The company has a 50-day moving average price of $801.64 and a 200-day moving average price of $761.61. Alphabet Inc. has a 52 week low of $670.70 and a 52 week high of $819.86. The stock has a market cap of $552.98 billion, a P/E ratio of 31.18 and a beta of 1.00.
Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Thursday, July 28th. The company reported $8.42 earnings per share for the quarter, beating the consensus estimate of $8.04 by $0.38. Alphabet had a return on equity of 14.74% and a net margin of 22.00%. Equities analysts expect that Alphabet Inc. will post $34.11 EPS for the current year.
GOOGL has been the subject of a number of analyst reports. Pivotal Research restated a “buy” rating and issued a $1,000.00 price objective (up from $970.00) on shares of Alphabet in a research note on Monday, July 11th. Stifel Nicolaus upped their target price on shares of Alphabet from $888.00 to $925.00 and gave the company a “buy” rating in a research note on Friday, July 29th. Vetr cut shares of Alphabet from a “buy” rating to a “hold” rating and set a $782.77 target price for the company. in a research note on Tuesday, July 19th. Jefferies Group reiterated a “buy” rating and set a $1,000.00 target price (up from $925.00) on shares of Alphabet in a research note on Sunday, July 31st. Finally, Zacks Investment Research upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $907.00 target price for the company in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, forty-seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $926.50.
Alphabet Company Profile
Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.
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