Thompson Siegel & Walmsley LLC held its position in Alphabet Inc (NASDAQ:GOOGL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 434 shares of the information services provider’s stock at the end of the fourth quarter. Thompson Siegel & Walmsley LLC’s holdings in Alphabet were worth $344,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. CIBC World Markets Inc. raised its stake in Alphabet by 33.9% in the third quarter. CIBC World Markets Inc. now owns 43,753 shares of the information services provider’s stock valued at $35,180,000 after buying an additional 11,065 shares during the last quarter. Nwam LLC raised its stake in Alphabet by 6.5% in the third quarter. Nwam LLC now owns 1,710 shares of the information services provider’s stock valued at $1,375,000 after buying an additional 104 shares during the last quarter. Nationwide Fund Advisors raised its stake in Alphabet by 1.4% in the third quarter. Nationwide Fund Advisors now owns 293,906 shares of the information services provider’s stock valued at $236,318,000 after buying an additional 3,966 shares during the last quarter. Koch Industries Inc. purchased a new stake in Alphabet during the fourth quarter valued at approximately $227,000. Finally, Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its stake in Alphabet by 3.6% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 45,445 shares of the information services provider’s stock valued at $36,541,000 after buying an additional 1,562 shares during the last quarter. 34.98% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

Shares of Alphabet Inc (NASDAQ:GOOGL) traded down 0.06% during trading on Friday, hitting $859.53. 854,388 shares of the company traded hands. The stock has a market cap of $594.30 billion, a price-to-earnings ratio of 30.83 and a beta of 0.98. Alphabet Inc has a one year low of $672.66 and a one year high of $874.42. The firm has a 50 day moving average price of $851.85 and a 200-day moving average price of $822.85.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings data on Thursday, January 26th. The information services provider reported $9.36 EPS for the quarter, beating the consensus estimate of $7.65 by $1.71. The company earned $21.22 billion during the quarter, compared to the consensus estimate of $20.58 billion. Alphabet had a return on equity of 14.85% and a net margin of 21.58%. During the same quarter in the prior year, the firm posted $8.67 EPS. Analysts predict that Alphabet Inc will post $33.33 EPS for the current year.

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Several analysts recently weighed in on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $1,000.00 target price on shares of Alphabet in a report on Tuesday. Zacks Investment Research downgraded shares of Alphabet from a “buy” rating to a “hold” rating in a report on Monday. Vetr upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $902.63 target price for the company in a report on Monday, April 10th. FBN Securities dropped their price target on shares of Alphabet from $1,050.00 to $1,025.00 and set an “outperform” rating for the company in a research note on Thursday, April 6th. Finally, BMO Capital Markets downgraded shares of Alphabet from an “outperform” rating to a “market perform” rating and dropped their price target for the stock from $1,005.00 to $880.00 in a research note on Tuesday, April 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $964.41.

About Alphabet

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

5 Day Chart for NASDAQ:GOOGL

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