Suisse Credit Group sets a $ 169.00 price target on Apple (NASDAQ: AAPL)

According to Marketbeat, Credit Suisse Group set a $ 169.00 market price for Apple (NASDAQ: AAPL – Get Rating) in a survey released Friday morning. A number of different research studies have been written about AAPL. In a research note released on Friday, January 28th, DA Davidson placed their price target on Apple from $ 170.00 to $ 185.00. In a research note published on Friday, January 28th, New Road Research upgraded Apple from a sale to a neutral price and set a $ 165.00 price target for the company. In a study released on Friday, April 8th, Deutsche Bank Rese… set a market cap of $ 210.00 on Apple. In a research note, Oppenheimer raised Apple’s market cap from $ 170.00 to $ 190.00 and gave the company a higher balance.

Finally, Sanford C. Bernstein reaffirmed the hold and set a $ 170.00 market cap on Apple shares in a report on Thursday, January 19th. Eight investment analysts have rated the stock with a fixed price, six have allocated a buy price and one has allocated a strong buy price to the company. According to data from MarketBeat, the stock has a consensus price of Buy and an average price target of $ 189.10.

The AAPL stock opened at $ 157.65 on Friday. The moving average in the fifty days of the trade was $ 165.70 and its average 200-day moving average was $ 164.93. The company has a speed ratio of 1.00, a current ratio of 1.04 and a debt-to-equity ratio of 1.48. The company has a market cap of $ 2.57 trillion, a P / E ratio of 25.59, a price-to-earnings ratio of 2.04 and a beta of 1.19. Apple had a 12-month low of $ 122.25 and a 12-month high of $ 182.94.

Apple (NASDAQ: AAPL – Get Rating) released its last quarterly earnings data on Thursday, April 28th. IPhone maker reported $ 1.52 EPS for the quarter, beating the Zacks price index of $ 1.43 by $ 0.09. Apple has an average margin of 26.58% and a return on equity of 149.81%. The business had revenue of $ 97.28 billion during the quarter, compared to analysts’ expectations of $ 93.99 billion. During the same quarter last year, the company earned $ 1.40 EPS. The company’s quarterly earnings are up 8.6% on a year-over-year basis. Research analysts expect Apple to post 6.15 per cent earnings for the current fiscal year. Apple announced that its Board of Directors began buying stock on Thursday, April 28th allowing the company to repurchase $ 90.00 billion in shares. This redemption order allows the iPhone operator to purchase up to 3.5% of its product through open source purchases. Purchasing ideas are always a sign that the company committee believes your product is worthwhile.

The company also recently announced a quarterly distribution, which will pay off on Thursday, May 12th. Investors of the record on Monday, May 9th will pay a $ 0.23 dividend. This is an increase from Apple’s previous quarterly earnings of $ 0.22. This represents an annual dividend of $ 0.92 and a yield of 0.58%. The pre-distribution date of this distribution is Friday, May 6th. Apple’s dividend pay (DPR) is 14.29%.

In other Apple news, SVP Katherine L. Adams sold 25,000 shares of the company’s stock in a trade fair held on Thursday, February 3rd. The shares traded at an average price of $ 174.78, for a total transaction of $ 4,369,500.00. The sale was filed with the Securities & Exchange Commission, which is available through the SEC website. In addition, CEO Arthur D. Levinson sold 1,986 shares of the company’s stock in a trade fair held on Thursday, February 1st. The stock was sold at an average price of $ 173.29, for a total transaction of $ 344,153.94. An introduction to this sale can be found here. Insiders sold a total of 170,085 shares of the stock market valued at $ 30,047,365 in the last quarter. 0.06% of the product is owned by current company owners.

Hedge funds have recently changed their assets of the business. OLD Mission Capital LLC bought a new position at Apple in the third quarter valued at approximately $ 1,238,000. Morgan Stanley increased its stake in Apple by 2.8% in the second quarter. Morgan Stanley now owns 125,859,709 shares of the iPhone maker market valued at $ 17,237,745,000 after gaining an additional 3,472,624 shares during the last quarter. Asio Capital LLC increased its stake in Apple by 2.9% in the third quarter. Asio Capital LLC currently owns 102,929 shares of the iPhone maker market valued at $ 14,564,000 after acquiring an additional 2,876 shares during the last quarter. LaFleur & Godfrey LLC increased its stake in Apple by 1.4% in the third quarter. LaFleur & Godfrey LLC currently owns 356,625 shares of the iPhone maker product valued at $ 50,462,000 after acquiring an additional 4,794 shares during the last quarter. Finally, Kavar Capital Partners Group LLC increased its stake in Apple by 4.2% in the third quarter. Kavar Capital Partners Group LLC currently owns 152,932 shares of the iPhone maker stock valued at $ 21,640,000 after acquiring an additional 6,114 shares during the last quarter. Hedge funds and other institutional investors account for 57.98% of the company’s stock.

Apple Inc. designs, manufactures, and manufactures smartphones, personal computers, tablets, wearables, and accessories worldwide. It also sells a variety of related services. In addition, the company offers the iPhone, a line of smartphones; Mac, line of personal computers; iPad, a line of multi-purpose tablets; AirPods Max, on-ear wireless headset; and wearables, home, and accessories including AirPods, Apple TV, Apple Watch, Beats Products, HomePod, and iPod touch.

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