K.J. Harrison & Partners Inc continued to hold its position in Alphabet Inc. (NASDAQ:GOOGL) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,790 shares of the company’s stock at the end of the third quarter. K.J. Harrison & Partners Inc’s holdings in Alphabet were worth $1,439,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC increased its position in Alphabet by 97.3% in the second quarter. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 146 shares of the company’s stock valued at $102,000 after buying an additional 72 shares during the last quarter. Archford Capital Strategies LLC increased its position in Alphabet by 29.8% in the second quarter. Archford Capital Strategies LLC now owns 148 shares of the company’s stock valued at $104,000 after buying an additional 34 shares during the last quarter. Roble Belko & Company Inc raised its stake in Alphabet by 294.9% in the second quarter. Roble Belko & Company Inc now owns 154 shares of the company’s stock valued at $108,000 after buying an additional 115 shares during the last quarter. MCF Advisors LLC raised its stake in Alphabet by 1.9% in the second quarter. MCF Advisors LLC now owns 159 shares of the company’s stock valued at $112,000 after buying an additional 3 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd purchased a new stake in Alphabet during the second quarter valued at about $117,000. Institutional investors own 34.63% of the company’s stock.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Shares of Alphabet Inc. (NASDAQ:GOOGL) traded up 0.71% on Monday, hitting $785.79. The stock has a market cap of $541.60 billion, a price-to-earnings ratio of 28.76 and a beta of 0.92. The company’s 50 day moving average price is $799.78 and its 200-day moving average price is $772.81. Alphabet Inc. has a 1-year low of $672.66 and a 1-year high of $839.00.

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Several analysts have recently issued reports on the stock. B. Riley reiterated a “buy” rating and issued a $990.00 target price on shares of Alphabet in a research note on Wednesday, November 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $900.00 target price (up previously from $825.00) on shares of Alphabet in a research note on Sunday, July 31st. MKM Partners set a $935.00 target price on shares of Alphabet and gave the stock a “buy” rating in a research note on Monday, August 1st. Vetr lowered shares of Alphabet from a “strong-buy” rating to a “buy” rating and set a $890.66 target price for the company. in a research note on Monday, November 7th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $1,000.00 price target on shares of Alphabet in a research report on Wednesday, October 5th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, forty-five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Alphabet has a consensus rating of “Buy” and a consensus 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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