Alphabet Inc (GOOGL) Shares Bought by North Star Asset Management Inc.

North Star Asset Management Inc. boosted its holdings in Alphabet Inc (NASDAQ:GOOGL) by 2.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,725 shares of the information services provider’s stock after acquiring an additional 166 shares during the quarter. North Star Asset Management Inc.’s holdings in Alphabet were worth $5,701,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the business. Pure Financial Advisors Inc. increased its position in shares of Alphabet by 0.4% in the second quarter. Pure Financial Advisors Inc. now owns 278 shares of the information services provider’s stock valued at $258,000 after buying an additional 1 shares in the last quarter. First Bank & Trust increased its position in shares of Alphabet by 0.3% in the second quarter. First Bank & Trust now owns 764 shares of the information services provider’s stock valued at $710,000 after buying an additional 2 shares in the last quarter. Fort Pitt Capital Group LLC boosted its stake in shares of Alphabet by 0.3% during the second quarter. Fort Pitt Capital Group LLC now owns 723 shares of the information services provider’s stock valued at $672,000 after acquiring an additional 2 shares during the last quarter. RB Capital Management LLC boosted its stake in shares of Alphabet by 0.4% during the second quarter. RB Capital Management LLC now owns 704 shares of the information services provider’s stock valued at $654,000 after acquiring an additional 3 shares during the last quarter. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO boosted its stake in shares of Alphabet by 0.7% during the second quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 422 shares of the information services provider’s stock valued at $392,000 after acquiring an additional 3 shares during the last quarter. Hedge funds and other institutional investors own 33.55% of the company’s stock.

A number of analysts recently commented on the company. Zacks Investment Research raised Alphabet from a “hold” rating to a “buy” rating and set a $1,199.00 price objective on the stock in a research note on Tuesday. Vetr raised Alphabet from a “hold” rating to a “buy” rating and set a $1,120.76 price objective on the stock in a research note on Tuesday. Pivotal Research reaffirmed a “hold” rating and set a $990.00 price objective on shares of Alphabet in a research note on Sunday, October 29th. Stifel Nicolaus increased their price objective on Alphabet from $1,075.00 to $1,150.00 and gave the company a “buy” rating in a research note on Monday, October 30th. Finally, Citigroup reaffirmed a “buy” rating on shares of Alphabet in a research note on Monday, October 30th. One investment analyst has rated the stock with a sell rating, five have given a hold rating, forty-one have given a buy rating and one has issued a strong buy rating to the company’s stock. Alphabet presently has an average rating of “Buy” and a consensus target price of $1,091.54.

Alphabet Inc (NASDAQ:GOOGL) opened at $1,060.20 on Thursday. The firm has a market capitalization of $733,460.00, a PE ratio of 35.32, a PEG ratio of 1.80 and a beta of 0.90. Alphabet Inc has a 52 week low of $789.62 and a 52 week high of $1,086.49. 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 (NASDAQ:GOOGL) last released its quarterly earnings data on Thursday, October 26th. The information services provider reported $9.57 earnings per share for the quarter, beating the consensus estimate of $8.43 by $1.14. The business had revenue of $22.27 billion for the quarter, compared to analyst estimates of $21.94 billion. Alphabet had a return on equity of 14.26% and a net margin of 20.09%. During the same period in the previous year, the company posted $9.06 EPS. sell-side analysts anticipate that Alphabet Inc will post 32.34 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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