Old Mutual Global Investors UK Ltd. lifted its position in Apple Inc. (NASDAQ:AAPL) by 3.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 659,362 shares of the iPhone maker’s stock after purchasing an additional 20,757 shares during the period. Old Mutual Global Investors UK Ltd.’s holdings in Apple were worth $94,961,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stone House Investment Management LLC lifted its holdings in Apple by 0.4% during the second quarter. Stone House Investment Management LLC now owns 1,570 shares of the iPhone maker’s stock worth $226,000 after buying an additional 6 shares during the period. Lenox Wealth Advisors Inc. lifted its holdings in Apple by 0.4% during the second quarter. Lenox Wealth Advisors Inc. now owns 4,971 shares of the iPhone maker’s stock worth $716,000 after buying an additional 20 shares during the period. Karp Capital Management Corp lifted its holdings in Apple by 1.6% during the second quarter. Karp Capital Management Corp now owns 1,427 shares of the iPhone maker’s stock worth $206,000 after buying an additional 22 shares during the period. Welch Investments LLC lifted its holdings in Apple by 1.5% during the second quarter. Welch Investments LLC now owns 1,607 shares of the iPhone maker’s stock worth $231,000 after buying an additional 23 shares during the period. Finally, Accurate Investment Solutions Inc. lifted its holdings in Apple by 0.4% during the second quarter. Accurate Investment Solutions Inc. now owns 6,600 shares of the iPhone maker’s stock worth $951,000 after buying an additional 26 shares during the period. Hedge funds and other institutional investors own 59.56% of the company’s stock.

Shares of Apple Inc. (AAPL) opened at $169.01 on Thursday. The firm has a market capitalization of $870,984.69, a PE ratio of 18.44, a price-to-earnings-growth ratio of 1.36 and a beta of 1.22. 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 Inc. has a 12-month low of $109.16 and a 12-month high of $176.24.

Apple (NASDAQ:AAPL) last announced its quarterly earnings results on Thursday, November 2nd. The iPhone maker reported $2.07 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.20. The company had revenue of $52.58 billion for 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 firm’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same period last year, the firm earned $1.50 EPS. equities analysts anticipate that Apple Inc. will post 11.18 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Shareholders of record on Monday, November 13th were given a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend was Friday, November 10th. Apple’s dividend payout ratio is currently 27.39%.

In other news, insider Daniel J. Riccio sold 15,641 shares of the stock in a transaction dated Tuesday, November 14th. The shares were sold at an average price of $172.35, for a total transaction of $2,695,726.35. Following the sale, the insider now directly owns 39,682 shares of the company’s stock, valued at approximately $6,839,192.70. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Angela J. Ahrendts sold 63,388 shares of the 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 disclosure for this sale can be found here. Insiders have sold a total of 217,326 shares of company stock worth $35,290,561 over the last ninety days. 0.08% of the stock is owned by insiders.

A number of analysts have weighed in on the company. Nomura set a $185.00 target price on Apple and gave the stock a “buy” rating in a report on Monday, November 27th. UBS set a $190.00 target price on Apple and gave the stock a “buy” rating in a report on Monday, November 27th. Vetr lowered Apple from a “buy” rating to a “hold” rating and set a $178.70 target price for the company. in a report on Thursday, November 23rd. Wells Fargo & Company restated a “market perform” rating and set a $195.00 target price on shares of Apple in a report on Tuesday, November 14th. Finally, Argus upped their target price on Apple from $185.00 to $210.00 and gave the stock a “buy” rating in a report on Monday, November 6th. Seven investment analysts have rated the stock with a hold rating, forty-six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $200.27.

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Apple Profile

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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