Apple Inc. (NASDAQ:AAPL) Shares Purchased by Tempus Wealth Planning LLC

Tempus Wealth Planning LLC raised its position in Apple Inc. (NASDAQ:AAPL) by 1.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,578 shares of the iPhone maker’s stock after buying an additional 585 shares during the period. Apple comprises about 3.4% of Tempus Wealth Planning LLC’s portfolio, making the stock its 3rd largest holding. Tempus Wealth Planning LLC’s holdings in Apple were worth $7,812,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Compass Ion Advisors LLC lifted its position in shares of Apple by 6.0% in the fourth quarter. Compass Ion Advisors LLC now owns 26,053 shares of the iPhone maker’s stock valued at $5,016,000 after acquiring an additional 1,471 shares in the last quarter. RWQ Financial Management Services Inc. lifted its holdings in Apple by 42.1% in the 4th quarter. RWQ Financial Management Services Inc. now owns 66,272 shares of the iPhone maker’s stock valued at $12,759,000 after purchasing an additional 19,629 shares in the last quarter. Autumn Glory Partners LLC boosted its stake in Apple by 1.0% during the 4th quarter. Autumn Glory Partners LLC now owns 13,538 shares of the iPhone maker’s stock worth $2,562,000 after purchasing an additional 130 shares during the last quarter. Arizona State Retirement System grew its holdings in shares of Apple by 0.5% during the fourth quarter. Arizona State Retirement System now owns 4,472,754 shares of the iPhone maker’s stock worth $861,139,000 after buying an additional 20,706 shares in the last quarter. Finally, Emerald Advisors LLC raised its position in shares of Apple by 0.6% in the fourth quarter. Emerald Advisors LLC now owns 19,897 shares of the iPhone maker’s stock valued at $3,831,000 after buying an additional 122 shares during the last quarter. 60.41% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AAPL shares. Monness Crespi & Hardt boosted their price target on shares of Apple from $189.00 to $200.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Bank of America upgraded Apple from a “neutral” rating to a “buy” rating and upped their price target for the company from $208.00 to $225.00 in a research report on Thursday, January 18th. Barclays reiterated an “underweight” rating and set a $158.00 price objective on shares of Apple in a research report on Tuesday. Redburn Atlantic downgraded Apple from a “buy” rating to a “neutral” rating and set a $200.00 target price for the company. in a research note on Wednesday, January 10th. Finally, Rosenblatt Securities reissued a “neutral” rating and set a $189.00 price target on shares of Apple in a research report on Tuesday, March 5th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating, twenty-one have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $203.05.

Apple Stock Down 0.3 %

Shares of Apple stock opened at $169.30 on Friday. Apple Inc. has a 52-week low of $164.07 and a 52-week high of $199.62. The company has a 50 day moving average of $173.04 and a 200 day moving average of $181.79. The company has a quick ratio of 1.02, a current ratio of 1.07 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $2.61 trillion, a P/E ratio of 26.37, a P/E/G ratio of 2.04 and a beta of 1.27.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, February 1st. The iPhone maker reported $2.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.09. The business had revenue of $119.60 billion during the quarter, compared to analysts’ expectations of $117.99 billion. Apple had a net margin of 26.16% and a return on equity of 156.04%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.88 EPS. As a group, research analysts forecast that Apple Inc. will post 6.54 EPS for the current fiscal year.

Apple Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Monday, February 12th were issued a $0.24 dividend. The ex-dividend date of this dividend was Friday, February 9th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 0.57%. Apple’s payout ratio is currently 14.95%.

Insider Transactions at Apple

In other Apple news, Director Arthur D. Levinson sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 29th. The shares were sold at an average price of $180.94, for a total value of $18,094,000.00. Following the transaction, the director now directly owns 4,434,576 shares in the company, valued at $802,392,181.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Apple news, CFO Luca Maestri sold 53,194 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of $174.12, for a total value of $9,262,139.28. Following the completion of the transaction, the chief financial officer now owns 107,788 shares in the company, valued at $18,768,046.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Arthur D. Levinson sold 100,000 shares of the firm’s stock in a transaction dated Thursday, February 29th. The stock was sold at an average price of $180.94, for a total value of $18,094,000.00. Following the transaction, the director now directly owns 4,434,576 shares in the company, valued at approximately $802,392,181.44. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 366,271 shares of company stock valued at $63,653,887. Corporate insiders own 0.06% of the company’s stock.

Apple Company Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.