Tanaka Capital Management Inc holds 0.38% of its portfolio in Alphabet Inc (NASDAQ:GOOG) for 176 shares. (NASDAQ:GOOG) have been given a consensus recommendation of "Buy" by the forty-seven ratings firms that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, thirty-nine have assigned a buy rating and one has issued a strong buy rating to the company. $1015.61's average target is 0.99% above currents $1005.65 stock price. SunTrust Banks, Inc. reiterated a "buy" rating and issued a $1,100.00 target price on shares of Alphabet in a research report on Saturday, September 23rd.
In a research note sent to clients and investors on 11 October, The Outperform rating of Alphabet (NASDAQ:GOOGL) shares was reiterated at Credit Suisse, who now has a $1350 target price per share on the stock. Finally, Morgan Stanley restated a "buy" rating on shares of Alphabet in a report on Friday, September 29th. Moreover, Cullinan Associates has 0.27% invested in Alphabet Inc (NASDAQ:GOOG). The stock increased 1.24% or $2.54 during the last trading session, reaching $206.69. The firm's 50-day moving average price is $953.18 and its 200-day moving average price is $940.96.
Beta is also an important valuation ratio for analyzing the stock of the company, GOOGL's beta remains at 0.91. Alphabet Inc. has a 52-week low of $743.59 and a 52-week high of $1,008.61. Mizuho upgraded Alphabet Inc (NASDAQ:GOOGL) on Tuesday, August 11 to "Buy" rating. This is assuming the current $8.43 EPS is accurate. The company had revenue of $20.92 billion during the quarter, compared to analysts' expectations of $20.83 billion. During the same period in the previous year, the firm posted $7.50 EPS. This figure represents the amount of revenue a company generates per dollar of assets. Analysts expect next quarter's EPS will be $9.59 with next year's EPS anticipated to be $40.11.
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Eastern Bank decreased its stake in Alphabet Inc.
Stock has a payout ratio of 0.00%.
The company is trading up by 1.71%% since yesterday's close of 972.6. Sundar Pichai, CEO let go of $3,748,040 worth of shares at an average price of $937.01 on Wednesday the 6th. The shares were sold on August 14th for an average price of $931.32. The disclosure for this sale can be found here.
Several hedge funds have recently modified their holdings of GOOGL. Doyle Wealth Management grew its position in shares of Alphabet by 6.7% in the 2nd quarter. Parkside Financial Bank & Trust now owns 127 shares of the information services provider's stock valued at $118,000 after buying an additional 36 shares during the period. Curbstone Financial Management Corp raised its holdings in shares of Alphabet by 100.0% in the 3rd quarter. Fort Pitt Capital Group LLC now owns 760 shares of the information services provider's stock worth $602,000 after buying an additional 2 shares during the period. The value of the investment in Alphabet Inc. decreased from $909,000 to $863,000 a change of $46,000 quarter over quarter. The value of the investment in (GOOGL) went from $3,440,000 to $3,702,000 a change of $262,000 for the reporting period. Finally, Hartford Investment Management Co. grew its position in shares of Alphabet by 6.1% in the 1st quarter. Alphabet Inc. insiders have sold a net of 0 shares during the past three months, which implies that the company's top executives have been feeling bearish about the stock's outlook. The Company's businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company's segments include Google and Other Bets.