TrimTabs Asset Management LLC increased its position in Apple Inc. (NASDAQ:AAPL) by 103.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,878 shares of the iPhone maker’s stock after purchasing an additional 957 shares during the quarter. TrimTabs Asset Management LLC’s holdings in Apple were worth $270,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Green Square Capital LLC grew its position in shares of Apple by 6.7% during the 1st quarter. Green Square Capital LLC now owns 87,456 shares of the iPhone maker’s stock worth $12,564,000 after buying an additional 5,491 shares during the period. YHB Investment Advisors Inc. grew its position in shares of 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 buying an additional 9,663 shares during the period. Lederer & Associates Investment Counsel CA grew its position in shares of 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 buying an additional 779 shares during the period. Texan Capital Management grew its position in shares of Apple by 1.6% during the 2nd quarter. Texan Capital Management now owns 25,591 shares of the iPhone maker’s stock worth $3,686,000 after buying an additional 393 shares during the period. Finally, Jaffetilchin Investment Partners LLC grew its position in shares of Apple by 2.0% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 43,345 shares of the iPhone maker’s stock worth $6,227,000 after buying an additional 848 shares during the period. Hedge funds and other institutional investors own 59.41% of the company’s stock.

Several research firms have recently weighed in on AAPL. Nomura set a $185.00 price objective on Apple and gave the company a “buy” rating in a report on Monday, November 27th. UBS set a $190.00 price objective on Apple and gave the company a “buy” rating in a report on Monday, November 27th. Vetr cut Apple from a “buy” rating to a “hold” rating and set a $178.70 price objective on the stock. in a report on Thursday, November 23rd. Wells Fargo & Company reiterated a “market perform” rating and set a $195.00 price objective on shares of Apple in a report on Tuesday, November 14th. Finally, Argus lifted their price objective on Apple from $185.00 to $210.00 and gave the company a “buy” rating in a report on Monday, November 6th. Seven equities research analysts have rated the stock with a hold rating and forty-six have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $200.27.

Apple Inc. (AAPL) opened at $171.05 on Friday. The company has a quick ratio of 1.23, a current ratio of 1.28 and a debt-to-equity ratio of 0.73. Apple Inc. has a 1-year low of $108.25 and a 1-year high of $176.24. The company has a market capitalization of $882,331.56, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 1.38 and a beta of 1.22.

Apple (NASDAQ:AAPL) last released its earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.20. The firm had revenue of $52.58 billion during the quarter, compared to the consensus estimate of $50.71 billion. Apple had a return on equity of 36.29% and a net margin of 21.09%. The company’s revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.50 EPS. equities research analysts predict that Apple Inc. will post 11.18 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Monday, November 13th were given a dividend of $0.63 per share. The ex-dividend date of this dividend was Friday, November 10th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.47%. Apple’s payout ratio is 27.39%.

In other news, insider Angela J. Ahrendts sold 63,388 shares of the company’s stock in a transaction on Thursday, October 5th. The stock was sold at an average price of $154.21, for a total transaction of $9,775,063.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Johny Srouji sold 5,760 shares of the company’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $174.40, for a total value of $1,004,544.00. Following the sale, the senior vice president now owns 81,560 shares of the company’s stock, valued at $14,224,064. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 151,965 shares of company stock valued at $24,074,614. Corporate insiders own 0.08% of the company’s stock.

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About Apple

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.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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