Investment Partners Ltd. OH ADV lifted its position in Apple Inc. (NASDAQ:AAPL) by 8.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,199 shares of the iPhone maker’s stock after purchasing an additional 411 shares during the quarter. Investment Partners Ltd. OH ADV’s holdings in Apple were worth $801,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. YHB Investment Advisors Inc. grew its holdings in Apple by 7.6% during the 2nd quarter. YHB Investment Advisors Inc. now owns 136,189 shares of the iPhone maker’s stock worth $19,614,000 after acquiring an additional 9,663 shares during the last quarter. Lederer & Associates Investment Counsel CA grew its holdings in Apple by 2.1% during the 2nd quarter. Lederer & Associates Investment Counsel CA now owns 37,336 shares of the iPhone maker’s stock worth $5,377,000 after acquiring an additional 779 shares during the last quarter. Empirical Financial Services LLC grew its holdings in Apple by 23.9% during the 2nd quarter. Empirical Financial Services LLC now owns 21,558 shares of the iPhone maker’s stock worth $3,105,000 after acquiring an additional 4,154 shares during the last quarter. Carnick & Kubik Group LLC grew its holdings in Apple by 14.4% during the 2nd quarter. Carnick & Kubik Group LLC now owns 20,744 shares of the iPhone maker’s stock worth $2,987,000 after acquiring an additional 2,612 shares during the last quarter. Finally, GenTrust LLC grew its holdings in Apple by 1,022.9% during the 2nd quarter. GenTrust LLC now owns 34,315 shares of the iPhone maker’s stock worth $4,942,000 after acquiring an additional 31,259 shares during the last quarter. 60.20% of the stock is currently owned by institutional investors and hedge funds.

Shares of Apple Inc. (AAPL) opened at $178.46 on Monday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.23 and a current ratio of 1.28. The company has a market cap of $916,270.00, a P/E ratio of 19.42, a price-to-earnings-growth ratio of 1.44 and a beta of 1.23. Apple Inc. has a fifty-two week low of $119.50 and a fifty-two week high of $180.10.

Apple (NASDAQ:AAPL) last announced its earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 EPS for the quarter, topping the consensus estimate of $1.87 by $0.20. The firm had revenue of $52.58 billion for the quarter, compared to the consensus estimate of $50.71 billion. Apple had a net margin of 21.09% and a return on equity of 36.29%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the company posted $1.50 EPS. equities analysts anticipate that Apple Inc. will post 11.15 earnings per share for the current fiscal year.

AAPL has been the topic of several recent research reports. Mizuho reaffirmed a “neutral” rating and issued a $175.00 target price (up previously from $160.00) on shares of Apple in a research note on Friday. Zacks Investment Research lowered shares of Apple from a “buy” rating to a “hold” rating in a research note on Friday. Barclays set a $174.00 target price on shares of Apple and gave the company a “neutral” rating in a research note on Thursday. Bank of America lowered shares of Apple from a “buy” rating to a “neutral” rating and raised their target price for the company from $180.00 to $220.00 in a research note on Wednesday, January 17th. Finally, Rosenblatt Securities reaffirmed a “buy” rating on shares of Apple in a research note on Friday. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the company. Apple has a consensus rating of “Buy” and an average price target of $200.59.

In other Apple news, insider Daniel J. Riccio sold 15,641 shares of the firm’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $172.35, for a total transaction of $2,695,726.35. Following the sale, the insider now directly owns 39,682 shares in the company, valued at approximately $6,839,192.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Eduardo H. Cue sold 65,361 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $171.60, for a total transaction of $11,215,947.60. The disclosure for this sale can be found here. Insiders have sold a total of 128,412 shares of company stock worth $22,115,155 over the last 90 days. Corporate insiders own 0.06% of the company’s stock.

WARNING: This article was published by Daily Political and is the property of of Daily Political. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & international copyright legislation. The original version of this article can be read at https://www.dailypolitical.com/2018/01/22/investment-partners-ltd-oh-adv-has-801000-stake-in-apple-inc-aapl.html.

Apple 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.

Institutional Ownership by Quarter for Apple (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.