Fulcrum Capital LLC grew its position in Apple Inc. (NASDAQ:AAPL) by 5.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 55,731 shares of the iPhone maker’s stock after buying an additional 2,844 shares during the period. Fulcrum Capital LLC’s holdings in Apple were worth $397,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AAPL. Centaurus Financial Inc. grew its position in Apple by 17.9% in the 1st quarter. Centaurus Financial Inc. now owns 8,318 shares of the iPhone maker’s stock worth $44,000 after purchasing an additional 1,262 shares in the last quarter. Bath Savings Trust Co grew its position in Apple by 0.9% in the 2nd quarter. Bath Savings Trust Co now owns 112,944 shares of the iPhone maker’s stock worth $22,354,000 after purchasing an additional 1,036 shares in the last quarter. Thomasville National Bank grew its position in Apple by 1.0% in the 2nd quarter. Thomasville National Bank now owns 108,085 shares of the iPhone maker’s stock worth $21,392,000 after purchasing an additional 1,036 shares in the last quarter. Private Trust Co. NA grew its position in Apple by 0.9% in the 2nd quarter. Private Trust Co. NA now owns 72,299 shares of the iPhone maker’s stock worth $14,309,000 after purchasing an additional 623 shares in the last quarter. Finally, Silverleafe Capital Partners LLC grew its position in Apple by 1.6% in the 2nd quarter. Silverleafe Capital Partners LLC now owns 34,561 shares of the iPhone maker’s stock worth $6,840,000 after purchasing an additional 539 shares in the last quarter. Institutional investors and hedge funds own 58.61% of the company’s stock.

AAPL opened at $260.14 on Friday. The company has a 50 day moving average of $235.37 and a 200 day moving average of $209.53. The company has a current ratio of 1.54, a quick ratio of 1.50 and a debt-to-equity ratio of 1.01. The company has a market cap of $1,142.50 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 1.83 and a beta of 1.25. Apple Inc. has a 12 month low of $142.00 and a 12 month high of $260.44.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Wednesday, October 30th. The iPhone maker reported $3.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.84 by $0.19. The firm had revenue of $64.04 billion for the quarter, compared to analysts’ expectations of $62.86 billion. Apple had a net margin of 21.24% and a return on equity of 53.82%. The business’s quarterly revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the company posted $2.91 EPS. Research analysts forecast that Apple Inc. will post 13.17 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Investors of record on Monday, November 11th will be issued a dividend of $0.77 per share. This represents a $3.08 annualized dividend and a dividend yield of 1.18%. The ex-dividend date is Thursday, November 7th. Apple’s dividend payout ratio is currently 25.90%.

In related news, Director Arthur D. Levinson sold 37,394 shares of the stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $257.79, for a total transaction of $9,639,799.26. Following the transaction, the director now owns 1,170,677 shares of the company’s stock, valued at approximately $301,788,823.83. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Arthur D. Levinson sold 17,500 shares of the stock in a transaction on Monday, August 12th. The shares were sold at an average price of $201.69, for a total transaction of $3,529,575.00. Following the transaction, the director now directly owns 1,150,783 shares in the company, valued at approximately $232,101,423.27. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 465,658 shares of company stock worth $100,549,205. 0.05% of the stock is owned by insiders.

AAPL has been the subject of a number of recent analyst reports. Barclays upped their price objective on shares of Apple from $224.00 to $236.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 31st. Citigroup upped their price objective on shares of Apple from $205.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. UBS Group upped their price objective on shares of Apple from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a price objective on shares of Apple in a research report on Thursday, October 31st. Finally, Rosenblatt Securities set a $150.00 price objective on shares of Apple and gave the stock a “sell” rating in a research report on Friday, September 13th. Four research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $239.51.

Apple Company Profile

Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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