Mitsubishi UFJ Securities Holdings Co. Ltd. lessened its holdings in Apple Inc. (NASDAQ:AAPL) by 14.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,360 shares of the iPhone maker’s stock after selling 930 shares during the period. Apple accounts for 4.1% of Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings, making the stock its 4th biggest position. Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings in Apple were worth $772,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blue Sky Asset Management LLC bought a new position in Apple during the 2nd quarter worth $108,000. Hefty Wealth Partners increased its position in Apple by 27.6% during the 2nd quarter. Hefty Wealth Partners now owns 804 shares of the iPhone maker’s stock worth $115,000 after buying an additional 174 shares during the period. American Beacon Advisors Inc. bought a new position in Apple during the 1st quarter worth $117,000. Armbruster Capital Management Inc. increased its position in Apple by 9.4% during the 2nd quarter. Armbruster Capital Management Inc. now owns 911 shares of the iPhone maker’s stock worth $131,000 after buying an additional 78 shares during the period. Finally, State of Alaska Department of Revenue bought a new position in Apple during the 2nd quarter worth $149,000. Institutional investors and hedge funds own 59.56% of the company’s stock.

In other news, insider Angela J. Ahrendts sold 63,388 shares of Apple stock in a transaction dated Thursday, October 5th. The stock was sold at an average price of $154.21, for a total transaction of $9,775,063.48. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eduardo H. Cue sold 65,361 shares of Apple stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $171.60, for a total value of $11,215,947.60. The disclosure for this sale can be found here. Insiders have sold 217,326 shares of company stock worth $35,290,561 over the last three months. Insiders own 0.08% of the company’s stock.

AAPL has been the topic of several recent research reports. Barclays reiterated a “hold” rating and set a $146.00 price objective on shares of Apple in a research report on Monday, September 4th. Wells Fargo & Company restated a “market perform” rating and issued a $195.00 price target on shares of Apple in a research report on Tuesday, November 14th. Royal Bank Of Canada raised their price target on Apple from $176.00 to $180.00 and gave the stock an “outperform” rating in a research report on Friday, September 1st. Vetr cut Apple from a “buy” rating to a “hold” rating and set a $164.42 price target on the stock. in a research report on Monday, August 7th. Finally, UBS restated a “buy” rating and issued a $180.00 price target on shares of Apple in a research report on Tuesday, August 29th. Seven research analysts have rated the stock with a hold rating and forty-six have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $200.27.

Shares of Apple Inc. (NASDAQ AAPL) opened at $169.80 on Tuesday. Apple Inc. has a 12 month low of $108.25 and a 12 month high of $176.24. The company has a market capitalization of $871,810.00, a PE ratio of 18.59, a PEG ratio of 1.37 and a beta of 1.24. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.23 and a current ratio of 1.28.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 EPS for the quarter, beating the Zacks’ consensus estimate of $1.87 by $0.20. Apple had a return on equity of 36.29% and a net margin of 21.09%. The firm had revenue of $52.58 billion for the quarter, compared to analyst estimates of $50.71 billion. During the same period last year, the firm posted $1.50 earnings per share. The business’s revenue for the quarter was up 12.2% on a year-over-year basis. sell-side analysts anticipate that Apple Inc. will post 11.18 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Monday, November 13th were paid a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date was Friday, November 10th. Apple’s payout ratio is 27.42%.

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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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