Private Vista LLC Has $489,000 Stake in Alphabet Inc (GOOG)

Private Vista LLC increased its stake in Alphabet Inc (NASDAQ:GOOG) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 472 shares of the information services provider’s stock after acquiring an additional 15 shares during the period. Private Vista LLC’s holdings in Alphabet were worth $489,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GOOG. Diversified Trust Co increased its position in shares of Alphabet by 0.7% during the third quarter. Diversified Trust Co now owns 1,508 shares of the information services provider’s stock worth $1,800,000 after purchasing an additional 10 shares in the last quarter. Bath Savings Trust Co increased its position in shares of Alphabet by 4.1% during the fourth quarter. Bath Savings Trust Co now owns 256 shares of the information services provider’s stock worth $265,000 after purchasing an additional 10 shares in the last quarter. Hemenway Trust Co LLC increased its position in shares of Alphabet by 2.9% during the fourth quarter. Hemenway Trust Co LLC now owns 358 shares of the information services provider’s stock worth $371,000 after purchasing an additional 10 shares in the last quarter. Vigilant Capital Management LLC increased its position in shares of Alphabet by 6.4% during the fourth quarter. Vigilant Capital Management LLC now owns 183 shares of the information services provider’s stock worth $190,000 after purchasing an additional 11 shares in the last quarter. Finally, DeDora Capital Inc. increased its position in shares of Alphabet by 0.6% during the fourth quarter. DeDora Capital Inc. now owns 1,814 shares of the information services provider’s stock worth $1,879,000 after purchasing an additional 11 shares in the last quarter. Institutional investors and hedge funds own 34.45% of the company’s stock.

In other Alphabet news, VP Amie Thuener O’toole sold 89 shares of Alphabet stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $1,145.00, for a total value of $101,905.00. Following the sale, the vice president now owns 388 shares of the company’s stock, valued at approximately $444,260. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ann Mather sold 38 shares of Alphabet stock in a transaction that occurred on Friday, January 18th. The shares were sold at an average price of $1,100.00, for a total value of $41,800.00. The disclosure for this sale can be found here. Insiders sold a total of 797 shares of company stock worth $932,483 in the last ninety days. 13.11% of the stock is owned by corporate insiders.

A number of analysts have recently commented on the company. Canaccord Genuity upgraded Alphabet from a “hold” rating to a “buy” rating in a research report on Thursday, January 3rd. Royal Bank of Canada reiterated a “buy” rating on shares of Alphabet in a research report on Friday, February 1st. Goldman Sachs Group reiterated a “buy” rating on shares of Alphabet in a research report on Tuesday, February 12th. Deutsche Bank cut their target price on Alphabet from $1,350.00 to $1,300.00 and set a “buy” rating on the stock in a research report on Wednesday, January 23rd. Finally, JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a report on Tuesday, February 5th. Two investment analysts have rated the stock with a hold rating and twenty-nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $1,349.78.

NASDAQ GOOG opened at $1,227.13 on Wednesday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.89 and a current ratio of 3.92. Alphabet Inc has a 52-week low of $970.11 and a 52-week high of $1,273.89. The stock has a market cap of $848.89 billion, a P/E ratio of 25.83, a P/E/G ratio of 1.44 and a beta of 1.05.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings results on Monday, February 4th. The information services provider reported $12.77 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $10.86 by $1.91. Alphabet had a return on equity of 19.94% and a net margin of 22.47%. The firm had revenue of $39.28 billion for the quarter, compared to analyst estimates of $38.91 billion. During the same quarter last year, the company posted $9.70 earnings per share. The business’s revenue was up 21.5% on a year-over-year basis. Analysts predict that Alphabet Inc will post 47.34 earnings per share for the current fiscal year.

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Alphabet Company Profile

Alphabet Inc provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It offers performance and brand advertising services. The company operates through Google and Other Bets segments. The Google segment offers products, such as Ads, Android, Chrome, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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