Risk Paradigm Group LLC continued to hold its position in shares of Alphabet Inc (NASDAQ:GOOGL) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 820 shares of the information services provider’s stock at the close of the 2nd quarter. Risk Paradigm Group LLC’s holdings in Alphabet were worth $762,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cutler Investment Counsel LLC purchased a new stake in Alphabet during the 2nd quarter worth about $213,000. Bayesian Capital Management LP purchased a new stake in Alphabet during the 2nd quarter worth about $2,138,000. Numeric Investors LLC increased its holdings in Alphabet by 166.9% during the 2nd quarter. Numeric Investors LLC now owns 177,920 shares of the information services provider’s stock worth $165,409,000 after purchasing an additional 111,253 shares during the period. Zacks Investment Management increased its holdings in Alphabet by 1.3% during the 2nd quarter. Zacks Investment Management now owns 23,492 shares of the information services provider’s stock worth $21,840,000 after purchasing an additional 291 shares during the period. Finally, Global Financial Private Capital LLC increased its holdings in Alphabet by 9.5% during the 2nd quarter. Global Financial Private Capital LLC now owns 1,966 shares of the information services provider’s stock worth $1,827,000 after purchasing an additional 171 shares during the period. Hedge funds and other institutional investors own 33.62% of the company’s stock.

Shares of Alphabet Inc (NASDAQ GOOGL) opened at $1,049.38 on Monday. The stock has a market capitalization of $724,800.00, a PE ratio of 35.13, a P/E/G ratio of 1.76 and a beta of 0.90. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.77 and a quick ratio of 5.73. Alphabet Inc has a 1 year low of $789.62 and a 1 year high of $1,080.00.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, October 26th. The information services provider reported $9.57 earnings per share for the quarter, topping analysts’ consensus estimates of $8.43 by $1.14. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. The company had revenue of $22.27 billion during the quarter, compared to analysts’ expectations of $21.94 billion. During the same period last year, the firm earned $9.06 EPS. research analysts anticipate that Alphabet Inc will post 32.34 earnings per share for the current year.

Several equities research analysts have weighed in on GOOGL shares. SunTrust Banks restated a “buy” rating and set a $1,100.00 price target on shares of Alphabet in a report on Saturday, September 23rd. Cantor Fitzgerald restated a “buy” rating and set a $1,100.00 price target on shares of Alphabet in a report on Tuesday, October 24th. Zacks Investment Research cut Alphabet from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Vetr cut Alphabet from a “buy” rating to a “hold” rating and set a $1,007.29 price objective for the company. in a research report on Friday, October 6th. Finally, Citigroup reaffirmed a “buy” rating and set a $1,180.00 price objective on shares of Alphabet in a research report on Tuesday, October 24th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $1,089.17.

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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.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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