Unigestion Holding SA grew its holdings in Alphabet Inc (NASDAQ:GOOGL) by 2.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 885 shares of the information services provider’s stock after purchasing an additional 23 shares during the quarter. Unigestion Holding SA’s holdings in Alphabet were worth $958,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GOOGL. TRUE Private Wealth Advisors grew its position in shares of Alphabet by 0.9% during the 4th quarter. TRUE Private Wealth Advisors now owns 2,526 shares of the information services provider’s stock valued at $2,639,000 after purchasing an additional 22 shares in the last quarter. DNB Asset Management AS lifted its stake in Alphabet by 7.6% in the fourth quarter. DNB Asset Management AS now owns 493,621 shares of the information services provider’s stock worth $515,814,000 after purchasing an additional 34,998 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd bought a new stake in Alphabet in the fourth quarter worth $627,000. Burke & Herbert Bank & Trust Co. lifted its stake in Alphabet by 7.1% in the fourth quarter. Burke & Herbert Bank & Trust Co. now owns 845 shares of the information services provider’s stock worth $883,000 after purchasing an additional 56 shares during the last quarter. Finally, Anderson Hoagland & Co. lifted its stake in Alphabet by 0.7% in the fourth quarter. Anderson Hoagland & Co. now owns 1,529 shares of the information services provider’s stock worth $1,565,000 after purchasing an additional 11 shares during the last quarter. Institutional investors and hedge funds own 33.47% of the company’s stock.

Several analysts have weighed in on GOOGL shares. Susquehanna Bancshares boosted their price target on shares of Deckers Outdoor from $180.00 to $205.00 in a research note on Friday. China Renaissance Securities started coverage on shares of Facebook in a research note on Wednesday, May 29th. They issued a “buy” rating and a $245.00 price target for the company. Loop Capital started coverage on shares of TENCENT HOLDING/ADR in a research note on Monday, June 3rd. They issued a “buy” rating for the company. Argus boosted their price target on shares of Thermo Fisher Scientific from $285.00 to $310.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Finally, JMP Securities reissued an “outperform” rating and issued a $1,375.00 price target (up from $1,300.00) on shares of Alphabet in a research note on Tuesday, April 30th. Eight research analysts have rated the stock with a hold rating and twenty-eight have given a buy rating to the company. Alphabet has an average rating of “Buy” and a consensus price target of $1,354.32.

GOOGL stock opened at $1,245.22 on Friday. Alphabet Inc has a 1 year low of $977.66 and a 1 year high of $1,296.97. The company has a market capitalization of $788.62 billion, a P/E ratio of 26.21, a P/E/G ratio of 1.34 and a beta of 0.96. The business has a 50-day moving average of $1,116.09. The company has a current ratio of 3.96, a quick ratio of 3.93 and a debt-to-equity ratio of 0.02.

Alphabet (NASDAQ:GOOGL) last released its quarterly earnings results on Thursday, July 25th. The information services provider reported $14.21 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $11.49 by $2.72. Alphabet had a net margin of 23.43% and a return on equity of 20.58%. The company had revenue of $31.71 billion during the quarter, compared to the consensus estimate of $30.90 billion. As a group, equities research analysts anticipate that Alphabet Inc will post 48.43 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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