Kistler Tiffany Companies LLC Purchases 113 Shares of Alphabet Inc (NASDAQ:GOOGL)

Kistler Tiffany Companies LLC boosted its position in Alphabet Inc (NASDAQ:GOOGL) by 5.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,256 shares of the information services provider’s stock after acquiring an additional 113 shares during the quarter. Alphabet accounts for 1.0% of Kistler Tiffany Companies LLC’s holdings, making the stock its 17th largest holding. Kistler Tiffany Companies LLC’s holdings in Alphabet were worth $2,755,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV lifted its holdings in shares of Alphabet by 7.8% during the second quarter. Creative Financial Designs Inc. ADV now owns 125 shares of the information services provider’s stock worth $140,000 after purchasing an additional 9 shares during the period. Copperwynd Financial LLC lifted its holdings in shares of Alphabet by 2.1% during the second quarter. Copperwynd Financial LLC now owns 448 shares of the information services provider’s stock worth $485,000 after purchasing an additional 9 shares during the period. Pensionmark Financial Group LLC lifted its holdings in shares of Alphabet by 4.5% during the second quarter. Pensionmark Financial Group LLC now owns 210 shares of the information services provider’s stock worth $251,000 after purchasing an additional 9 shares during the period. Cypress Capital Group lifted its holdings in shares of Alphabet by 1.0% during the third quarter. Cypress Capital Group now owns 874 shares of the information services provider’s stock worth $1,067,000 after purchasing an additional 9 shares during the period. Finally, Thomasville National Bank lifted its holdings in shares of Alphabet by 5.0% during the second quarter. Thomasville National Bank now owns 212 shares of the information services provider’s stock worth $230,000 after purchasing an additional 10 shares during the period. 33.52% of the stock is currently owned by institutional investors and hedge funds.

GOOGL has been the topic of a number of recent research reports. Cowen set a $1,500.00 price target on shares of Alphabet and gave the stock a “buy” rating in a report on Friday, July 26th. Bank of America set a $1,450.00 price target on shares of Alphabet and gave the stock a “buy” rating in a report on Friday, September 6th. SunTrust Banks reiterated a “buy” rating and set a $1,325.00 price target on shares of Alphabet in a report on Monday, July 22nd. Moffett Nathanson cut their price target on shares of Alphabet from $1,290.00 to $1,250.00 and set a “buy” rating on the stock in a report on Monday, June 24th. Finally, FBN Securities set a $1,400.00 price target on shares of Alphabet and gave the stock a “buy” rating in a report on Friday, July 26th. Eight investment analysts have rated the stock with a hold rating and thirty-two have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $1,375.78.

GOOGL stock opened at $1,244.41 on Friday. The firm has a market cap of $868.69 billion, a price-to-earnings ratio of 26.19, a PEG ratio of 1.48 and a beta of 0.99. The company has a quick ratio of 3.96, a current ratio of 3.98 and a debt-to-equity ratio of 0.07. Alphabet Inc has a 12-month low of $977.66 and a 12-month high of $1,296.97. The company’s fifty day simple moving average is $1,216.08 and its 200 day simple moving average is $1,175.85.

Alphabet (NASDAQ:GOOGL) last announced its quarterly earnings data on Thursday, July 25th. The information services provider reported $14.21 earnings per share for the quarter, beating the consensus estimate of $11.49 by $2.72. Alphabet had a net margin of 23.43% and a return on equity of 20.15%. The firm had revenue of $31.71 billion for the quarter, compared to analyst estimates of $30.90 billion. Research analysts expect that Alphabet Inc will post 51.22 earnings per share for the current year.

About Alphabet

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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