Trust Co. of Oklahoma increased its position in shares of Alphabet Inc. (NASDAQ:GOOGL) by 0.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,603 shares of the company’s stock after buying an additional 21 shares during the period. Alphabet accounts for approximately 1.2% of Trust Co. of Oklahoma’s portfolio, making the stock its 26th largest position. Trust Co. of Oklahoma’s holdings in Alphabet were worth $2,093,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Bank of New York Mellon Corp boosted its position in shares of Alphabet by 0.3% in the second quarter. Bank of New York Mellon Corp now owns 4,096,211 shares of the company’s stock worth $2,881,806,000 after buying an additional 14,001 shares during the last quarter. Marathon Asset Management LLP boosted its position in shares of Alphabet by 1.9% in the second quarter. Marathon Asset Management LLP now owns 52,006 shares of the company’s stock valued at $36,583,000 after buying an additional 992 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Alphabet by 4.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 31,552 shares of the company’s stock valued at $22,198,000 after buying an additional 1,348 shares in the last quarter. First Personal Financial Services boosted its position in shares of Alphabet by 19.3% in the second quarter. First Personal Financial Services now owns 3,172 shares of the company’s stock valued at $2,232,000 after buying an additional 514 shares in the last quarter. Finally, Locust Wood Capital Advisers LLC purchased a new position in shares of Alphabet during the second quarter valued at about $28,278,000. 34.63% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Alphabet Inc. (NASDAQ:GOOGL) traded up 0.46% during trading on Tuesday, hitting $789.44. The stock had a trading volume of 1,561,981 shares. The company has a market cap of $544.11 billion, a P/E ratio of 28.89 and a beta of 0.92. Alphabet Inc. has a one year low of $672.66 and a one year high of $839.00. The firm has a 50 day moving average of $799.78 and a 200-day moving average of $772.81.

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Several research analysts have recently issued reports on GOOGL shares. MKM Partners set a $935.00 target price on shares of Alphabet and gave the stock a “buy” rating in a report on Monday, August 1st. Goldman Sachs Group Inc. restated a “conviction-buy” rating and issued a $930.00 target price (up previously from $810.00) on shares of Alphabet in a report on Monday, August 1st. JPMorgan Chase & Co. restated an “overweight” rating and issued a $950.00 target price (up previously from $920.00) on shares of Alphabet in a report on Monday, August 1st. B. Riley restated a “buy” rating and issued a $950.00 target price on shares of Alphabet in a report on Wednesday, August 3rd. Finally, Zacks Investment Research upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $896.00 target price on the stock in a report on Wednesday, August 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, forty-five have given a buy rating and one has issued a strong buy rating to the company’s stock. Alphabet presently has a consensus rating of “Buy” and an average price target of $940.44.

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.

5 Day Chart for NASDAQ:GOOGL

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