Accuvest Global Advisors Has $2,474,000 Position in Apple Inc. (AAPL)
Accuvest Global Advisors maintained its stake in Apple Inc. (NASDAQ:AAPL) during the fourth quarter, according to its most recent filing with the SEC. The fund owned 23,499 shares of the iPhone maker’s stock at the end of the fourth quarter. Apple accounts for approximately 1.1% of Accuvest Global Advisors’ portfolio, making the stock its 21st largest position. Accuvest Global Advisors’ holdings in Apple were worth $2,474,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the company. Manning & Napier Advisors boosted its stake in shares of Apple by 51.0% in the fourth quarter. Manning & Napier Advisors now owns 3,937,063 shares of the iPhone maker’s stock worth $414,414,000 after buying an additional 1,330,218 shares during the period. Boston Advisors boosted its stake in shares of Apple by 171.5% in the fourth quarter. Boston Advisors now owns 1,233,608 shares of the iPhone maker’s stock worth $129,850,000 after buying an additional 779,270 shares during the period. Cornerstone Investment Partners boosted its stake in shares of Apple by 2,818.0% in the fourth quarter. Cornerstone Investment Partners now owns 580,539 shares of the iPhone maker’s stock worth $61,108,000 after buying an additional 560,644 shares during the period. Verde Servico Internacionais bought a new stake in shares of Apple during the fourth quarter worth approximately $50,228,000. Finally, KAMES CAPITAL plc boosted its stake in shares of Apple by 92.1% in the fourth quarter. KAMES CAPITAL plc now owns 1,029,624 shares of the iPhone maker’s stock worth $108,337,000 after buying an additional 493,581 shares during the period.
Shares of Apple Inc. (NASDAQ:AAPL) opened at 97.34 on Friday. The firm has a 50-day moving average of $102.79 and a 200-day moving average of $112.92. The stock has a market cap of $539.71 billion and a PE ratio of 10.36. Apple Inc. has a one year low of $92.00 and a one year high of $134.54.
Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Tuesday, January 26th. The iPhone maker reported $3.28 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.05. The business earned $75.87 billion during the quarter, compared to analysts’ expectations of $77.10 billion. The business’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the previous year, the business earned $3.06 earnings per share. On average, equities research analysts expect that Apple Inc. will post $9.14 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, February 11th. Shareholders of record on Monday, February 8th will be paid a $0.52 dividend. The ex-dividend date of this dividend is Thursday, February 4th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.14%.
A number of research analysts have issued reports on the company. FBR & Co. reissued an “outperform” rating and issued a $175.00 target price on shares of Apple in a research note on Monday, November 2nd. JPMorgan Chase & Co. boosted their target price on Apple from $140.00 to $145.00 and gave the company an “outperform” rating in a research note on Monday, November 2nd. Pacific Crest reissued a “sell” rating on shares of Apple in a research note on Tuesday, November 3rd. Sterne Agee CRT reissued a “buy” rating on shares of Apple in a research note on Tuesday, November 10th. Finally, Credit Suisse reissued a “buy” rating and issued a $140.00 target price on shares of Apple in a research note on Tuesday, November 10th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating, forty-four have issued a buy rating and one has issued a strong buy rating to the company. Apple has a consensus rating of “Buy” and an average price target of $137.22.
In other Apple news, CEO Timothy D. Cook sold 10,000 shares of Apple stock in a transaction on Monday, November 9th. The shares were sold at an average price of $120.81, for a total value of $1,208,100.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Timothy D. Cook sold 90,593 shares of Apple stock in a transaction on Tuesday, November 3rd. The stock was sold at an average price of $120.48, for a total transaction of $10,914,644.64. The disclosure for this sale can be found here.
Apple Inc. (NASDAQ:AAPL) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

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