According to the most recent Form 13F filing that Neville, Rodie & Shaw INC made with the Securities and Exchange Commission, the company decreased its holdings in Google INC (NASDAQ: GOOGL) by 1.0% during the fourth quarter.
After selling 3,140 shares during the period, the fund finished the quarter with a total of 325,640 shares of the information services provider’s stock in its holdings.
Alphabet ranks sixth on the scale of significance and accounts for approximately 2.7% of the investment portfolio held by Neville Rodie & Shaw INC The value of the Alphabet holdings owned by Neville Rodie & Shaw INC as of the most recent reporting period was $28,731,000.
Google (NASDAQ: GOOGL) disclosed the results of its most recent quarterly earnings report on Thursday, February 7, 2019.
The company announced that it had earnings per share for the quarter of $1.05, which was $0.09 less than the consensus estimate of $1.14 provided by financial analysts.
During the year, Alphabet reported a return on equity of 23.54% and a net margin of 21.20%.
The company’s quarterly sales came in at $76.05 billion, a significant increase compared to the projections made by industry analysts, which were $63.15 billion. Compared to the previous year’s results for the same quarter, the company’s earnings per share reached $1.53.
According to market watchers’ projections, Alphabet INC is expected to generate earnings of 5.12 cents per share this year.
NASDAQ: GOOGL shares were first offered for sale on Thursday for $96.11 per share.
The company’s price-to-earnings ratio is 21.12, and its price-to-earnings-to-growth ratio is 1.26.
The company has a beta of 1.09.
The company’s current value, as measured by its market capitalization, is 1.23 quadrillion dollars.
The debt-to-equity ratio is calculated to be 0.06, the quick ratio is calculated to be 2.34, and the current ratio is calculated to be 2.38. Over the past year, the all-time high and all-time low for Google INC’s Q: G.O. stock were $143.78 and $83.34.
The company’s simple moving average over the past fifty days is $94.51, and the simple moving average over the past 200 days is $96.29
The amount of the company’s stock that hedge funds and other institutional investors held in their portfolios was recently adjusted due to recent market events.
Investments Management L.L.C. spent approximately 114,000 dollars over the first three months of 2018 to increase the amount of Alphabet stock it owned.
Bridgefront Capital L.L.C.
Acquired about two hundred twenty-five thousand dollars worth of additional Alphabet shares over the first three months of 2018.
During the first three months of 2018, Worth Wealth Management L.L.C.
Expanded its holdings by purchasing a new investment with a total cost of 206 000 dollars.
In the first three months of 2018, Eudaimonia Advisors L.L.C.
Added 15.1% more Alphabet stock to its holdings, which brought the total percentage of Alphabet stock to which it was entitled to 15.1%.
Eudaimonia Advisors L.L.C. now holds a total of 99 shares of the stock of the information services provider, which have a value of $275,000 thanks to the purchase of an additional 13 shares during the most recent quarter.
Last but not least, during the first three months of this year, Aspire Capital Advisors L.L.C.
Bought a new stake in Alphabet that was estimated to be worth about $281,000. Shares of the company are held by hedge funds and other institutional investors, who are responsible for 34.06% of the total.
Recently, several analysts specializing in stock research have produced studies on the company, which they have compiled and analyzed independently.
Partners increased their price objective on Alphabet from $120.00 to $126.00 in a research report published on Friday, February 3. Roth Capital reaffirmed its “buy” rating on shares of Alphabet in a research report released on February 3 and published on Friday.
In a research report made available to the public on Friday, February 3, Rosenblatt Securities lowered their price objective for Alphabet from $130.00 to $128.00 while maintaining their “buy” recommendation. “Analysis of the Alphabet” was the title of the report that was presented.
In a research report released on Wednesday, February 8, Loop Capital upgraded its price target on Alphabet from $120.00 to $125.00 and rated the stock as a “buy.”
Last but not least, in a research report made public on Friday, February 3, Truist Financial lowered their price target for Alphabet from $130.00 to $120.00, downgrading the company’s rating from “buy” to “hold.” Thirty-three analysts have suggested that investors buy the stock; one has given it a strong buy rating, and five have suggested that investors keep their current security holdings.
According to the data available by Bloomberg, the current recommendation for Alphabet is a “Moderate Buy,” and the price target has been established at $132.32.
A significant shareholder of Alphabet, known as 2021 Gp L.L.C. Gv, purchased 415,000 shares of the company’s stock on Monday, March 13, March 13, according to some additional information regarding the company.
A total of $12,155,350.00 was spent on acquiring the stock, which works out to a price of $29.29 per share on an average basis. Following the successful completion of the acquisition, the insider now has 1,709,527 shares of the company’s stock.
The total value of these shares is approximately $50,072,045.83. When you click on this link, you will be taken to a legal file that contains information on the acquisition.
This file was submitted to the S.E.C.
And will send to you there automatically.
In other news regarding this topic, Senior Vice President Prabhakar Raghavan sold 22,203 company stock on January 3 and January 3.
The transaction resulted in a total value of $1,992,719.25 due to the purchase of the shares at an average price of $89.75.
After the completion of the sale, the senior vice president now has direct control over 76,579 shares of the company.
Based on the current stock price, these shares are estimated to be worth approximately $6,872,965.25. When you click this link, you will be taken to a document given to the S.E.C..
This document contains information about the transaction and the presentation given to the S.E.C.
In addition, on March 13, a large shareholder known as 2021 Gp L.L.C. (Gv) purchased 415,000 shares of Alphabet stock.
It was acquired by purchasing stock valued at $12,155,350.00, totaling an average price of $29.29 per share.
The company insider now possesses 1,709,527 shares of the company’s stock, which together have a value of $50,072,045.83 due to the successful completion of the buy. You should be able to locate the disclosure concerning this transaction in the following location: Corporate insiders have generated a total sales volume of $3,424,078 over the past three months by selling 36,745 shares of company stock. 11.44 company insiders own percent of the total shares currently outstanding.