Nomura reissued their buy rating on shares of Apple Inc. (NASDAQ:AAPL) in a report released on Wednesday morning, MarketBeat.Com reports. They currently have a $135.00 price objective on the iPhone maker’s stock, down from their previous price objective of $145.00.

In related news, CEO Timothy D. Cook sold 90,593 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $120.48, for a total transaction of $10,914,644.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Daniel J. Riccio sold 13,588 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $120.81, for a total transaction of $1,641,566.28. Following the transaction, the senior vice president now directly owns 40,755 shares of the company’s stock, valued at approximately $4,923,611.55. The disclosure for this sale can be found here.

Other institutional investors have recently modified their holdings of the company. Manning & Napier Advisors boosted its position 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 valued at $414,414,000 after buying an additional 1,330,218 shares in the last quarter. Eagle Asset Management boosted its position in shares of Apple by 70.2% in the third quarter. Eagle Asset Management now owns 2,386,950 shares of the iPhone maker’s stock valued at $263,280,000 after buying an additional 984,471 shares in the last quarter. Boston Advisors boosted its position in 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 in the last quarter. Northcoast Asset Management boosted its position in Apple by 8,549.4% in the third quarter. Northcoast Asset Management now owns 709,249 shares of the iPhone maker’s stock worth $78,230,000 after buying an additional 701,049 shares in the last quarter. Finally, Cornerstone Investment Partners boosted its position in 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 in the last quarter.

A number of other equities analysts have also issued reports on the company. JPMorgan Chase & Co. set a $141.00 price objective on Apple and gave the stock a buy rating in a report on Wednesday. Morgan Stanley set a $135.00 price target on Apple and gave the company an overweight rating in a research note on Wednesday. Oppenheimer reaffirmed an outperform rating and set a $120.00 price target on shares of Apple in a research note on Wednesday. BMO Capital Markets decreased their price target on Apple from $133.00 to $130.00 and set an outperform rating for the company in a research note on Wednesday. Finally, Credit Suisse reaffirmed an outperform rating on shares of Apple in a research note on Wednesday. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, forty-four have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $137.22.

Shares of Apple (NASDAQ:AAPL) traded up 0.72% during midday trading on Wednesday, hitting $94.09. The stock had a trading volume of 55,622,373 shares. Apple has a 12-month low of $92.00 and a 12-month high of $134.54. The firm has a market cap of $521.68 billion and a price-to-earnings ratio of 10.01. The company’s 50-day moving average price is $104.01 and its 200-day moving average price is $113.27.

Apple (NASDAQ:AAPL) last issued its quarterly earnings data on Tuesday, January 26th. The iPhone maker reported $3.28 earnings per share (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 the consensus estimate of $77.10 billion. During the same period last year, the company earned $3.06 earnings per share. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. Equities research analysts forecast that Apple will post $9.47 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 11th. Investors of record on Monday, February 8th will be paid a dividend of $0.52 per share. The ex-dividend date is Thursday, February 4th. This represents a $2.08 annualized dividend and a yield of 2.21%.

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.

12 Month Chart for NASDAQ:AAPL

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