Alphabet Inc. (GOOG) Holdings Raised by Winch Advisory Services LLC

Winch Advisory Services LLC boosted its position in Alphabet Inc. (NASDAQ:GOOG) by 8.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 4,432 shares of the information services provider’s stock after purchasing an additional 341 shares during the period. Alphabet comprises 2.5% of Winch Advisory Services LLC’s investment portfolio, making the stock its 16th biggest position. Winch Advisory Services LLC’s holdings in Alphabet were worth $4,018,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. State Street Corp boosted its stake in Alphabet by 0.3% in the first quarter. State Street Corp now owns 12,067,675 shares of the information services provider’s stock valued at $10,010,859,000 after acquiring an additional 36,864 shares during the last quarter. Harbour Capital Advisors LLC boosted its stake in Alphabet by 87,001.5% in the second quarter. Harbour Capital Advisors LLC now owns 1,993,754 shares of the information services provider’s stock valued at $2,194,000 after acquiring an additional 1,991,465 shares during the last quarter. Legal & General Group Plc boosted its stake in Alphabet by 5.8% in the second quarter. Legal & General Group Plc now owns 1,438,707 shares of the information services provider’s stock valued at $1,307,419,000 after acquiring an additional 79,445 shares during the last quarter. Sanders Capital LLC boosted its stake in Alphabet by 2.7% in the second quarter. Sanders Capital LLC now owns 1,232,175 shares of the information services provider’s stock valued at $1,221,079,000 after acquiring an additional 32,770 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in Alphabet by 8.6% in the second quarter. Russell Investments Group Ltd. now owns 952,586 shares of the information services provider’s stock valued at $865,829,000 after acquiring an additional 75,587 shares during the last quarter. 34.43% of the stock is owned by institutional investors and hedge funds.

A number of research firms have weighed in on GOOG. Vetr cut shares of Alphabet from a “buy” rating to a “hold” rating and set a $1,067.64 target price on the stock. in a research note on Monday. Oppenheimer Holdings, Inc. restated an “outperform” rating on shares of Alphabet in a research note on Friday, October 27th. UBS AG restated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Goldman Sachs Group, Inc. (The) restated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. Finally, Macquarie restated a “buy” rating on shares of Alphabet in a research note on Friday, October 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and thirty-eight have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $1,047.52.

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Shares of Alphabet Inc. (GOOG) opened at $1,018.38 on Tuesday. Alphabet Inc. has a 12-month low of $737.02 and a 12-month high of $1,048.39. The company has a debt-to-equity ratio of 0.03, a current ratio of 5.77 and a quick ratio of 5.73. The company has a market cap of $713,370.00, a PE ratio of 34.12 and a beta of 0.96.

Alphabet (NASDAQ:GOOG) last posted its earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $8.31 by $1.26. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $27.17 billion. During the same period last year, the company posted $9.06 EPS. The company’s quarterly revenue was up 23.7% compared to the same quarter last year.

In other news, Director Ann Mather sold 37 shares of the firm’s stock in a transaction dated Friday, September 1st. The shares were sold at an average price of $940.67, for a total value of $34,804.79. Following the completion of the sale, the director now directly owns 1,789 shares of the company’s stock, valued at approximately $1,682,858.63. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director L John Doerr sold 12,236 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $1,021.57, for a total transaction of $12,499,930.52. Following the completion of the sale, the director now directly owns 3,485 shares of the company’s stock, valued at $3,560,171.45. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,394 shares of company stock valued at $37,937,930. Corporate insiders own 13.92% of the company’s stock.

Alphabet Company Profile

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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