Market Focus: Tracking Shares of Alphabet Class C (GOOG)

Postado Dezembro 07, 2017

During the same period last year, the firm earned $9.06 EPS. equities research analysts predict that Alphabet will post 32.34 earnings per share for the current year. The stock was sold at an average price of $852.42, for a total value of $1,704,840.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. State of Alaska Department of Revenue bought a new stake in shares of Alphabet in the 2nd quarter worth $102,000. The shares were sold at an average price of $935.93, for a total value of $12,499,345.15.

Alphabet (NASDAQ:GOOGL) traded up $13.12 on Monday, hitting $1,032.72. The shares were sold at an average price of $959.26, for a total transaction of $175,544.58. UBS reaffirmed an overweight rating on shares of Alphabet in a research report on Thursday, August 24th. Also, Director L John Doerr sold 13,355 shares of the business's stock in a transaction that occurred on Monday, May 15th. Stifel Nicolaus maintained Alphabet Inc. The institutional investor owned 1,860 shares of the information services provider's stock after selling 146 shares during the quarter. The company has a market capitalization of $698,379.25, a PE ratio of 33.65 and a beta of 0.93. The company has a quick ratio of 5.73, a current ratio of 5.77 and a debt-to-equity ratio of 0.03. Alphabet Inc has a one year low of $755.80 and a one year high of $1,062.38.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings data on Thursday, October 26th. Grandfield & Dodd LLC now owns 1,315 shares of the information services provider's stock valued at $1,022,000 after buying an additional 522 shares during the last quarter. The firm had revenue of $27.77 billion for the quarter, compared to analyst estimates of $27.17 billion. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. During the same quarter previous year, the business earned $9.06 EPS.

Several analysts have commented on GOOG shares. Morgan Stanley reissued a "buy" rating on shares of Alphabet in a report on Friday, October 27th. MKM Partners reiterated a "buy" rating and issued a $1,210.00 price target (up previously from $1,170.00) on shares of Alphabet in a report on Thursday, August 10th. Goldman Sachs Group reissued a "buy" rating on shares of Alphabet in a report on Friday, October 20th. SunTrust Banks started coverage on Alphabet in a research report on Wednesday, August 16th. (NASDAQ:GOOGL) rating on Friday, January 27. Wells Fargo & Co reaffirmed a "buy" rating on shares of Alphabet in a report on Monday, May 29th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, forty have assigned a buy rating and one has assigned a strong buy rating to the stock.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Burt Wealth Advisors raised its holdings in Alphabet by 17.2% during the 2nd quarter. Odey Holdings AG now owns 130 shares of the information services provider's stock worth $121,000 after acquiring an additional 20 shares during the last quarter. Signature Estate & Investment Advisors LLC grew its position in shares of Alphabet by 3.8% during the 2nd quarter. Farmers National Bank now owns 161 shares of the information services provider's stock worth $134,000 after purchasing an additional 21 shares during the last quarter. St. Johns Investment Management Company LLC grew its holdings in Alphabet by 1,046.7% during the second quarter. Capital World Investors now owns 6,371,356 shares of the information services provider's stock valued at $5,789,842,000 after purchasing an additional 776,853 shares during the last quarter. Cribstone Capital Management LLC now owns 184 shares of the information services provider's stock worth $167,000 after acquiring an additional 10 shares during the period. Farmers National Bank raised its stake in shares of Alphabet by 15.0% in the first quarter.