Winslow Evans & Crocker Inc. Has $4.48 Million Position in Alphabet Inc (NASDAQ:GOOGL)

Winslow Evans & Crocker Inc. lifted its holdings in shares of Alphabet Inc (NASDAQ:GOOGL) by 19.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,282 shares of the information services provider’s stock after acquiring an additional 702 shares during the quarter. Alphabet comprises approximately 1.5% of Winslow Evans & Crocker Inc.’s holdings, making the stock its 10th biggest holding. Winslow Evans & Crocker Inc.’s holdings in Alphabet were worth $4,476,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GOOGL. CENTRAL TRUST Co increased its holdings in shares of Alphabet by 6.0% in the 3rd quarter. CENTRAL TRUST Co now owns 11,281 shares of the information services provider’s stock valued at $13,617,000 after acquiring an additional 639 shares during the period. American National Bank increased its holdings in shares of Alphabet by 6.5% in the 3rd quarter. American National Bank now owns 6,341 shares of the information services provider’s stock valued at $7,654,000 after acquiring an additional 386 shares during the period. West Oak Capital LLC purchased a new position in shares of Alphabet in the 3rd quarter valued at $325,000. Hollencrest Capital Management increased its holdings in shares of Alphabet by 7.4% in the 3rd quarter. Hollencrest Capital Management now owns 1,216 shares of the information services provider’s stock valued at $1,468,000 after acquiring an additional 84 shares during the period. Finally, Wealth Architects LLC increased its holdings in shares of Alphabet by 40.3% in the 3rd quarter. Wealth Architects LLC now owns 738 shares of the information services provider’s stock valued at $891,000 after acquiring an additional 212 shares during the period. Institutional investors and hedge funds own 34.04% of the company’s stock.

GOOGL traded down $2.81 on Thursday, reaching $1,167.97. 1,297,990 shares of the stock were exchanged, compared to its average volume of 1,654,483. Alphabet Inc has a fifty-two week low of $977.66 and a fifty-two week high of $1,296.97. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.93 and a current ratio of 3.96. The stock has a market cap of $819.53 billion, a P/E ratio of 24.58, a P/E/G ratio of 1.40 and a beta of 1.03.

Alphabet (NASDAQ:GOOGL) last issued its quarterly earnings results on Monday, April 29th. The information services provider reported $11.90 EPS for the quarter, topping the Zacks’ consensus estimate of $10.56 by $1.34. Alphabet had a return on equity of 20.06% and a net margin of 19.71%. The company had revenue of $29.48 billion during the quarter, compared to analysts’ expectations of $29.99 billion. During the same quarter in the previous year, the firm posted $13.33 EPS. Analysts predict that Alphabet Inc will post 48.6 EPS for the current fiscal year.

A number of research analysts have recently issued reports on the company. ValuEngine downgraded Alphabet from a “buy” rating to a “hold” rating in a report on Tuesday, April 30th. Zacks Investment Research downgraded Alphabet from a “buy” rating to a “hold” rating in a research note on Wednesday, February 6th. DZ Bank restated a “hold” rating and set a $1,197.00 target price on shares of Alphabet in a research note on Wednesday, May 1st. Argus restated a “buy” rating and set a $1,450.00 target price on shares of Alphabet in a research note on Wednesday, May 1st. Finally, Wedbush restated an “outperform” rating and set a $1,350.00 target price on shares of Alphabet in a research note on Tuesday, February 5th. Five research analysts have rated the stock with a hold rating and twenty-eight have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $1,325.55.

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Alphabet Company Profile

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

See Also: Cost of Debt

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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