Woodstock Corp raised its position in shares of Apple Inc. (NASDAQ:AAPL) by 2.4% during the third quarter, Holdings Channel reports. The firm owned 62,122 shares of the iPhone maker’s stock after buying an additional 1,440 shares during the period. Apple makes up 1.4% of Woodstock Corp’s portfolio, making the stock its 27th largest position. Woodstock Corp’s holdings in Apple were worth $7,023,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Stearns Financial Services Group boosted its position in Apple by 13.4% in the first quarter. Stearns Financial Services Group now owns 26,821 shares of the iPhone maker’s stock valued at $2,923,000 after buying an additional 3,163 shares in the last quarter. Bristlecone Advisors LLC boosted its position in Apple by 8.0% in the first quarter. Bristlecone Advisors LLC now owns 87,201 shares of the iPhone maker’s stock valued at $9,504,000 after buying an additional 6,459 shares in the last quarter. Sentry Investment Management LLC boosted its position in Apple by 4.5% in the first quarter. Sentry Investment Management LLC now owns 454,123 shares of the iPhone maker’s stock valued at $49,495,000 after buying an additional 19,567 shares in the last quarter. Haverford Financial Services Inc. boosted its position in Apple by 8.7% in the first quarter. Haverford Financial Services Inc. now owns 77,627 shares of the iPhone maker’s stock valued at $8,461,000 after buying an additional 6,213 shares in the last quarter. Finally, Peapack Gladstone Financial Corp boosted its position in Apple by 3.1% in the first quarter. Peapack Gladstone Financial Corp now owns 219,582 shares of the iPhone maker’s stock valued at $23,932,000 after buying an additional 6,500 shares in the last quarter. Institutional investors own 57.11% of the company’s stock.

Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL) traded down 0.668% during mid-day trading on Wednesday, hitting $110.715. 22,109,869 shares of the stock were exchanged. The company has a market capitalization of $590.37 billion, a PE ratio of 13.323 and a beta of 1.34. Apple Inc. has a 1-year low of $89.47 and a 1-year high of $119.86. The stock has a 50 day moving average price of $112.99 and a 200 day moving average price of $105.64.

Apple (NASDAQ:AAPL) last announced its earnings results on Tuesday, October 25th. The iPhone maker reported $1.67 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.66 by $0.01. Apple had a return on equity of 35.59% and a net margin of 21.19%. The business had revenue of $46.85 billion for the quarter, compared to analysts’ expectations of $46.88 billion. During the same period in the prior year, the business posted $1.96 earnings per share. The firm’s revenue was down 9.0% on a year-over-year basis. On average, equities analysts anticipate that Apple Inc. will post $9.05 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 10th. Shareholders of record on Monday, November 7th were issued a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date of this dividend was Thursday, November 3rd. Apple’s payout ratio is 27.57%.

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A number of brokerages have recently weighed in on AAPL. Vetr lowered Apple from a “hold” rating to a “sell” rating and set a $102.79 target price on the stock. in a research report on Tuesday, August 2nd. Drexel Hamilton reissued a “buy” rating and issued a $185.00 price target on shares of Apple in a research report on Wednesday, August 3rd. Wells Fargo & Co. reissued an “outperform” rating and issued a $120.00 price target on shares of Apple in a research report on Wednesday, August 3rd. RBC Capital Markets reissued an “outperform” rating and issued a $115.00 price target on shares of Apple in a research report on Friday, August 5th. Finally, Royal Bank Of Canada increased their price target on Apple from $115.00 to $117.00 and gave the company an “outperform” rating in a research report on Thursday, August 11th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating, forty-two have issued a buy rating and two have assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $128.29.

In other news, insider Philip W. Schiller sold 43,769 shares of the company’s stock in a transaction that occurred on Thursday, October 27th. The stock was sold at an average price of $115.07, for a total transaction of $5,036,498.83. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Luca Maestri sold 16,950 shares of the company’s stock in a transaction that occurred on Monday, November 7th. The stock was sold at an average price of $110.03, for a total value of $1,865,008.50. Following the transaction, the chief financial officer now directly owns 12,055 shares in the company, valued at $1,326,411.65. The disclosure for this sale can be found here. Company insiders own 0.08% of the company’s stock.

Apple Company Profile

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

5 Day Chart for NASDAQ:AAPL

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