Alphabet Inc (NASDAQ:GOOG) Holdings Raised by Amussen Hunsaker Associates LLC

Amussen Hunsaker Associates LLC grew its holdings in Alphabet Inc (NASDAQ:GOOG) by 3.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,403 shares of the information services provider’s stock after acquiring an additional 75 shares during the quarter. Alphabet accounts for about 2.1% of Amussen Hunsaker Associates LLC’s investment portfolio, making the stock its 13th largest holding. Amussen Hunsaker Associates LLC’s holdings in Alphabet were worth $2,489,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Oregon Public Employees Retirement Fund boosted its position in Alphabet by 102,010.9% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 56,224,303 shares of the information services provider’s stock valued at $54,000 after purchasing an additional 56,169,241 shares during the last quarter. Vanguard Group Inc. boosted its position in Alphabet by 97.8% during the third quarter. Vanguard Group Inc. now owns 43,027,936 shares of the information services provider’s stock valued at $51,643,016,000 after purchasing an additional 21,273,995 shares during the last quarter. Trust Asset Management LLC boosted its position in Alphabet by 86,154.5% during the third quarter. Trust Asset Management LLC now owns 20,789,054 shares of the information services provider’s stock valued at $20,790,000 after purchasing an additional 20,764,952 shares during the last quarter. BlackRock Inc. boosted its position in Alphabet by 0.6% during the fourth quarter. BlackRock Inc. now owns 19,618,313 shares of the information services provider’s stock valued at $20,316,919,000 after purchasing an additional 125,866 shares during the last quarter. Finally, Lunia Capital LP boosted its position in Alphabet by 135,522.5% during the fourth quarter. Lunia Capital LP now owns 16,870,086 shares of the information services provider’s stock valued at $16,870,000 after purchasing an additional 16,857,647 shares during the last quarter. Institutional investors own 33.99% of the company’s stock.

GOOG has been the subject of several recent research reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, April 30th. Credit Suisse Group reissued a “buy” rating on shares of Alphabet in a research report on Tuesday, April 30th. Deutsche Bank reduced their price target on Alphabet from $1,385.00 to $1,300.00 and set a “buy” rating for the company in a research report on Tuesday, April 30th. They noted that the move was a valuation call. Goldman Sachs Group reissued a “buy” rating on shares of Alphabet in a research report on Monday, April 29th. Finally, Zacks Investment Research raised Alphabet from a “hold” rating to a “buy” rating and set a $1,399.00 price target for the company in a research report on Wednesday, April 24th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twenty-six have assigned a buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $1,361.50.

GOOG opened at $1,085.35 on Friday. Alphabet Inc has a 12-month low of $970.11 and a 12-month high of $1,289.27. The company has a market capitalization of $753.49 billion, a PE ratio of 22.84, a price-to-earnings-growth ratio of 1.27 and a beta of 1.03. The company has a quick ratio of 3.93, a current ratio of 3.96 and a debt-to-equity ratio of 0.02.

Alphabet (NASDAQ:GOOG) last released its quarterly earnings data on Monday, April 29th. The information services provider reported $11.90 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $10.51 by $1.39. Alphabet had a return on equity of 20.06% and a net margin of 19.71%. The company had revenue of $36.34 billion during the quarter, compared to analysts’ expectations of $37.36 billion. During the same period last year, the firm posted $9.93 earnings per share. The business’s revenue was up 16.7% on a year-over-year basis. As a group, equities research analysts anticipate that Alphabet Inc will post 48.44 earnings per share for the current fiscal year.

In other news, Director John L. Hennessy sold 75 shares of the stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $1,280.51, for a total transaction of $96,038.25. Following the transaction, the director now owns 159 shares in the company, valued at $203,601.09. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Amie Thuener O’toole sold 89 shares of the stock in a transaction that occurred on Tuesday, April 2nd. The stock was sold at an average price of $1,195.32, for a total value of $106,383.48. Following the transaction, the vice president now owns 388 shares in the company, valued at approximately $463,784.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 423 shares of company stock valued at $494,939. Insiders own 13.11% of the company’s stock.

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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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