Apple Inc. (AAPL) Shares Bought by OLD Second National Bank of Aurora

OLD Second National Bank of Aurora grew its holdings in Apple Inc. (NASDAQ:AAPL) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 37,745 shares of the iPhone maker’s stock after acquiring an additional 218 shares during the quarter. Apple accounts for approximately 2.4% of OLD Second National Bank of Aurora’s holdings, making the stock its 5th largest holding. OLD Second National Bank of Aurora’s holdings in Apple were worth $5,954,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Windsor Group LTD increased its stake in Apple by 3.7% in the 3rd quarter. Windsor Group LTD now owns 14,179 shares of the iPhone maker’s stock valued at $3,201,000 after buying an additional 506 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its stake in shares of Apple by 2.3% during the 3rd quarter. Jaffetilchin Investment Partners LLC now owns 43,586 shares of the iPhone maker’s stock worth $9,839,000 after purchasing an additional 983 shares during the last quarter. CHURCHILL MANAGEMENT Corp increased its stake in shares of Apple by 7.0% during the 3rd quarter. CHURCHILL MANAGEMENT Corp now owns 61,678 shares of the iPhone maker’s stock worth $13,923,000 after purchasing an additional 4,009 shares during the last quarter. Boenning & Scattergood Inc. increased its stake in shares of Apple by 7.4% during the 3rd quarter. Boenning & Scattergood Inc. now owns 44,472 shares of the iPhone maker’s stock worth $10,040,000 after purchasing an additional 3,075 shares during the last quarter. Finally, Visionary Asset Management Inc. increased its stake in shares of Apple by 47.4% during the 3rd quarter. Visionary Asset Management Inc. now owns 3,141 shares of the iPhone maker’s stock worth $709,000 after purchasing an additional 1,010 shares during the last quarter. 57.38% of the stock is owned by institutional investors and hedge funds.

NASDAQ AAPL opened at $203.86 on Monday. The company has a quick ratio of 1.25, a current ratio of 1.30 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $1,002.00 billion, a price-to-earnings ratio of 17.12, a price-to-earnings-growth ratio of 2.08 and a beta of 1.14. Apple Inc. has a 12-month low of $142.00 and a 12-month high of $233.47.

Apple (NASDAQ:AAPL) last posted its quarterly earnings data on Tuesday, January 29th. The iPhone maker reported $4.18 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $4.17 by $0.01. The firm had revenue of $84.31 billion during the quarter, compared to the consensus estimate of $84.07 billion. Apple had a net margin of 22.72% and a return on equity of 50.92%. On average, research analysts forecast that Apple Inc. will post 11.41 EPS for the current fiscal year.

Several research firms have recently weighed in on AAPL. JPMorgan Chase & Co. set a $228.00 price objective on shares of Apple and gave the stock a “buy” rating in a research note on Thursday, March 21st. Needham & Company LLC upgraded shares of Apple from a “buy” rating to a “strong-buy” rating and boosted their price objective for the stock from $180.00 to $225.00 in a research note on Thursday, March 21st. BidaskClub lowered shares of Apple from a “buy” rating to a “hold” rating in a research note on Wednesday, March 27th. Sanford C. Bernstein restated a “neutral” rating and set a $160.00 price objective on shares of Apple in a research note on Wednesday, March 27th. Finally, Citigroup restated a “buy” rating and set a $220.00 price objective (up from $170.00) on shares of Apple in a research note on Thursday, March 21st. Three investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $202.45.

In other Apple news, insider Luca Maestri sold 51,138 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $196.61, for a total value of $10,054,242.18. Following the completion of the sale, the insider now owns 27,448 shares of the company’s stock, valued at approximately $5,396,551.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Arthur D. Levinson sold 1,521 shares of the business’s stock in a transaction dated Friday, February 1st. The shares were sold at an average price of $167.71, for a total transaction of $255,086.91. Following the completion of the sale, the director now directly owns 1,134,804 shares of the company’s stock, valued at approximately $190,317,978.84. The disclosure for this sale can be found here. Insiders own 0.05% of the company’s stock.

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Apple Company Profile

Apple Inc designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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