Today, JFS Wealth Advisors LLC invests in Alphabet Inc. (GOOGL) Shares

Today, JFS Wealth Advisors LLC invests in Alphabet Inc. (GOOGL) Shares
JFS Wealth Advisors LLC increased its stake in Alphabet Inc. (NASDAQ:GOOGL) by 6.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,625 shares of the company’s stock after buying an additional 99 shares during the period. JFS Wealth Advisors LLC’s holdings in Alphabet were worth $1,307,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Mariner Wealth Advisors LLC increased its stake in Alphabet by 35.9% in the first quarter. Mariner Wealth Advisors LLC now owns 9,813 shares of the company’s stock worth $7,485,000 after buying an additional 2,594 shares in the last quarter. HBK Investments L P increased its stake in Alphabet by 77.9% in the first quarter. HBK Investments L P now owns 27,623 shares of the company’s stock worth $21,074,000 after buying an additional 12,094 shares in the last quarter. Ensemble Capital Management LLC increased its stake in Alphabet by 4.4% in the first quarter. Ensemble Capital Management LLC now owns 28,749 shares of the company’s stock worth $21,933,000 after buying an additional 1,219 shares in the last quarter. Citizens Financial Group Inc RI increased its stake in Alphabet by 6.2% in the first quarter. Citizens Financial Group Inc RI now owns 14,303 shares of the company’s stock worth $10,912,000 after buying an additional 836 shares in the last quarter. Finally, Renaissance Technologies LLC acquired a new stake in Alphabet during the first quarter worth $125,115,000. Institutional investors and hedge funds own 34.14% of the company’s stock.

Alphabet Inc. (NASDAQ:GOOGL) traded up 0.16% on Friday, reaching $780.23. The company’s stock had a trading volume of 613,549 shares. Alphabet Inc. has a 12 month low of $672.66 and a 12 month high of $839.00. The firm has a 50 day moving average of $800.21 and a 200 day moving average of $771.86. The firm has a market cap of $537.76 billion, a price-to-earnings ratio of 28.56 and a beta of 0.92.

Several equities research analysts have recently commented on GOOGL shares. Stifel Nicolaus boosted their target price on shares of Alphabet from $888.00 to $925.00 and gave the company a “buy” rating in a research note on Friday, July 29th. RBC Capital Markets restated an “outperform” rating and issued a $1,025.00 target price on shares of Alphabet in a research note on Thursday, November 3rd. Jefferies Group restated a “buy” rating and issued a $1,000.00 target price (up previously from $925.00) on shares of Alphabet in a research note on Sunday, July 31st. Zacks Investment Research upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $907.00 target price on the stock in a research note on Wednesday, October 12th. Finally, Axiom Securities boosted their target price on shares of Alphabet from $970.00 to $990.00 and gave the company a “buy” rating in a research note on Friday, July 29th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, forty-five have given a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $940.44.

About Alphabet

Alphabet Inc is a holding company. The Company holds interests in Google Inc (Google). The Company’s segments include Google and Other Bets. Google segment includes Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, Google Play, and hardware products, including Chromecast, Chromebooks and Nexus, which are sold by the Company.

Related posts

Leave a Comment