Alphabet Inc. (NASDAQ:GOOG) Holdings Lifted by V Square Quantitative Management LLC

V Square Quantitative Management LLC raised its holdings in shares of Alphabet Inc. (NASDAQ:GOOGFree Report) by 0.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,917 shares of the information services provider’s stock after purchasing an additional 426 shares during the quarter. Alphabet makes up approximately 1.6% of V Square Quantitative Management LLC’s portfolio, making the stock its 6th largest holding. V Square Quantitative Management LLC’s holdings in Alphabet were worth $9,580,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Smith Anglin Financial LLC lifted its stake in shares of Alphabet by 2.0% in the 1st quarter. Smith Anglin Financial LLC now owns 3,223 shares of the information services provider’s stock valued at $491,000 after purchasing an additional 64 shares during the last quarter. Fiduciary Alliance LLC raised its holdings in Alphabet by 1.4% during the 1st quarter. Fiduciary Alliance LLC now owns 4,867 shares of the information services provider’s stock valued at $762,000 after buying an additional 67 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO lifted its position in Alphabet by 0.8% in the first quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 8,588 shares of the information services provider’s stock worth $1,308,000 after buying an additional 68 shares during the last quarter. Cranbrook Wealth Management LLC boosted its stake in Alphabet by 14.0% during the fourth quarter. Cranbrook Wealth Management LLC now owns 570 shares of the information services provider’s stock worth $80,000 after buying an additional 70 shares during the period. Finally, Saratoga Research & Investment Management increased its position in Alphabet by 0.5% during the first quarter. Saratoga Research & Investment Management now owns 14,706 shares of the information services provider’s stock valued at $2,239,000 after acquiring an additional 72 shares during the last quarter. Hedge funds and other institutional investors own 27.26% of the company’s stock.

Insiders Place Their Bets

In other news, CEO Sundar Pichai sold 22,500 shares of the business’s stock in a transaction dated Wednesday, March 6th. The shares were sold at an average price of $132.70, for a total value of $2,985,750.00. Following the completion of the sale, the chief executive officer now owns 2,332,691 shares in the company, valued at approximately $309,548,095.70. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, CEO Sundar Pichai sold 22,500 shares of Alphabet stock in a transaction on Wednesday, March 6th. The stock was sold at an average price of $132.70, for a total value of $2,985,750.00. Following the transaction, the chief executive officer now directly owns 2,332,691 shares in the company, valued at approximately $309,548,095.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Amie Thuener O’toole sold 682 shares of the company’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $136.49, for a total value of $93,086.18. Following the sale, the chief accounting officer now owns 28,602 shares of the company’s stock, valued at $3,903,886.98. The disclosure for this sale can be found here. Insiders have sold a total of 228,435 shares of company stock worth $34,398,287 in the last three months. Corporate insiders own 12.99% of the company’s stock.

Alphabet Trading Up 0.6 %

Shares of Alphabet stock traded up $1.08 on Tuesday, hitting $179.54. 14,699,066 shares of the company traded hands, compared to its average volume of 22,156,553. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.05. The company has a market cap of $2.22 trillion, a PE ratio of 27.54, a PEG ratio of 1.32 and a beta of 1.02. The stock’s 50 day moving average price is $160.23 and its 200-day moving average price is $147.39. Alphabet Inc. has a 52 week low of $115.83 and a 52 week high of $179.95.

Alphabet (NASDAQ:GOOGGet Free Report) last issued its earnings results on Thursday, April 25th. The information services provider reported $1.89 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.38. Alphabet had a return on equity of 29.52% and a net margin of 25.90%. The business had revenue of $80.54 billion during the quarter, compared to analyst estimates of $78.75 billion. During the same period in the previous year, the company posted $1.17 EPS. Alphabet’s revenue was up 15.4% on a year-over-year basis. Equities research analysts predict that Alphabet Inc. will post 7.7 EPS for the current year.

Alphabet Dividend Announcement

The firm also recently disclosed a — dividend, which will be paid on Monday, June 17th. Investors of record on Monday, June 10th will be paid a $0.20 dividend. The ex-dividend date is Monday, June 10th.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on GOOG. Susquehanna lifted their price target on shares of Alphabet from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Wednesday, January 31st. Morgan Stanley restated an “overweight” rating and set a $165.00 target price on shares of Alphabet in a research report on Thursday, April 11th. Stifel Nicolaus increased their price target on Alphabet from $154.00 to $174.00 and gave the stock a “buy” rating in a report on Tuesday, April 16th. Oppenheimer raised their price target on Alphabet from $172.00 to $185.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. Finally, Raymond James upped their price objective on Alphabet from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Wednesday, January 24th. Six analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $165.67.

Read Our Latest Report on GOOG

Alphabet Profile

(Free Report)

Alphabet Inc offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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