Livforsakringsbolaget Skandia Omsesidigt Has $185.83 Million Holdings in Apple Inc. $AAPL

Livforsakringsbolaget Skandia Omsesidigt lifted its position in Apple Inc. (NASDAQ:AAPLFree Report) by 1.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 683,600 shares of the iPhone maker’s stock after acquiring an additional 11,265 shares during the period. Apple accounts for about 7.5% of Livforsakringsbolaget Skandia Omsesidigt’s investment portfolio, making the stock its 2nd largest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Apple were worth $185,830,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Isthmus Partners LLC increased its position in Apple by 6.4% during the 3rd quarter. Isthmus Partners LLC now owns 97,177 shares of the iPhone maker’s stock valued at $25,000 after buying an additional 5,808 shares in the last quarter. Sellwood Investment Partners LLC increased its position in Apple by 110.9% during the 3rd quarter. Sellwood Investment Partners LLC now owns 135 shares of the iPhone maker’s stock valued at $34,000 after buying an additional 71 shares in the last quarter. ROSS JOHNSON & Associates LLC increased its position in Apple by 1,800.0% during the 1st quarter. ROSS JOHNSON & Associates LLC now owns 190 shares of the iPhone maker’s stock valued at $42,000 after buying an additional 180 shares in the last quarter. LSV Asset Management bought a new position in Apple during the 4th quarter valued at approximately $65,000. Finally, 49 Wealth Management LLC increased its position in Apple by 15.7% during the 3rd quarter. 49 Wealth Management LLC now owns 298,920 shares of the iPhone maker’s stock valued at $76,000 after buying an additional 40,543 shares in the last quarter. Institutional investors own 67.73% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Rosenblatt Securities reaffirmed a “neutral” rating and set a $276.00 price objective on shares of Apple in a research report on Tuesday. Robert W. Baird set a $310.00 price objective on Apple in a research report on Friday, May 1st. Needham & Company LLC reaffirmed a “hold” rating on shares of Apple in a research report on Tuesday. Wells Fargo & Company reaffirmed an “overweight” rating and set a $310.00 price objective (up from $300.00) on shares of Apple in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $330.00 price objective on Apple in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Apple currently has an average rating of “Moderate Buy” and a consensus price target of $314.59.

Read Our Latest Analysis on AAPL

Apple Stock Performance

Shares of AAPL opened at $291.58 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.07 and a quick ratio of 1.02. Apple Inc. has a one year low of $195.07 and a one year high of $317.40. The firm has a market capitalization of $4.28 trillion, a P/E ratio of 35.26, a PEG ratio of 2.53 and a beta of 1.09. The business has a fifty day moving average of $284.09 and a 200 day moving average of $271.97.

Apple (NASDAQ:AAPLGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The iPhone maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.95 by $0.06. Apple had a return on equity of 146.69% and a net margin of 27.15%.The company had revenue of $111.18 billion during the quarter, compared to analyst estimates of $109.46 billion. During the same quarter in the previous year, the company posted $1.65 earnings per share. Apple’s revenue was up 16.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Apple Inc. will post 8.74 EPS for the current year.

Apple Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Monday, May 11th were issued a $0.27 dividend. The ex-dividend date of this dividend was Monday, May 11th. This is an increase from Apple’s previous quarterly dividend of $0.26. This represents a $1.08 annualized dividend and a dividend yield of 0.4%. Apple’s dividend payout ratio is presently 13.06%.

Trending Headlines about Apple

Here are the key news stories impacting Apple this week:

Insider Transactions at Apple

In related news, CFO Kevan Parekh sold 1,534 shares of Apple stock in a transaction on Thursday, April 23rd. The stock was sold at an average price of $275.00, for a total transaction of $421,850.00. Following the transaction, the chief financial officer directly owned 13,366 shares in the company, valued at approximately $3,675,650. The trade was a 10.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Deirdre O’brien sold 30,002 shares of Apple stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $255.35, for a total value of $7,661,010.70. Following the transaction, the senior vice president owned 136,810 shares in the company, valued at $34,934,433.50. This trade represents a 17.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 97,759 shares of company stock worth $24,964,305. 0.06% of the stock is currently owned by insiders.

About Apple

(Free Report)

Apple Inc (NASDAQ: AAPL) is a multinational technology company headquartered in Cupertino, California, founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. The company designs, develops and sells consumer electronics, software and services. Over its history Apple has evolved from personal computers to a broad portfolio that spans mobile devices, wearables, home entertainment and digital services.

Apple’s principal hardware products include the iPhone smartphone, iPad tablet, Mac personal computers, Apple Watch wearable devices and a range of accessories such as AirPods and HomePod.

See Also

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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