Apple Inc. (AAPL) Position Held by LaSalle Street Capital Management LLC

LaSalle Street Capital Management LLC held its stake in shares of Apple Inc. (NASDAQ:AAPL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,032 shares of the iPhone maker’s stock at the end of the fourth quarter. Apple comprises about 2.2% of LaSalle Street Capital Management LLC’s holdings, making the stock its 13th largest position. LaSalle Street Capital Management LLC’s holdings in Apple were worth $2,436,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Asset Planning Services Ltd. increased its stake in shares of Apple by 0.3% in the fourth quarter. Asset Planning Services Ltd. now owns 7,859 shares of the iPhone maker’s stock valued at $910,000 after buying an additional 24 shares during the last quarter. Schafer Cullen Capital Management Inc. increased its stake in shares of Apple by 1.0% in the third quarter. Schafer Cullen Capital Management Inc. now owns 3,710 shares of the iPhone maker’s stock valued at $419,000 after buying an additional 35 shares during the last quarter. Retirement Planning Group increased its stake in shares of Apple by 0.4% in the third quarter. Retirement Planning Group now owns 10,507 shares of the iPhone maker’s stock valued at $1,188,000 after buying an additional 44 shares during the last quarter. Colorado Capital Management Inc. increased its stake in shares of Apple by 0.5% in the third quarter. Colorado Capital Management Inc. now owns 8,668 shares of the iPhone maker’s stock valued at $980,000 after buying an additional 45 shares during the last quarter. Finally, Enterprise Financial Services Corp increased its stake in shares of Apple by 0.4% in the third quarter. Enterprise Financial Services Corp now owns 11,280 shares of the iPhone maker’s stock valued at $1,275,000 after buying an additional 46 shares during the last quarter. 58.76% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

Shares of Apple Inc. (NASDAQ:AAPL) opened at 140.88 on Tuesday. The company has a 50-day moving average of $137.51 and a 200 day moving average of $120.52. Apple Inc. has a 12-month low of $89.47 and a 12-month high of $142.80. The firm has a market cap of $739.13 billion, a P/E ratio of 16.91 and a beta of 1.26.

Apple (NASDAQ:AAPL) last issued its earnings results on Tuesday, January 31st. The iPhone maker reported $3.36 EPS for the quarter, topping the consensus estimate of $3.22 by $0.14. The firm earned $78.35 billion during the quarter, compared to analysts’ expectations of $77.37 billion. Apple had a return on equity of 34.94% and a net margin of 20.73%. Apple’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the business earned $3.28 earnings per share. Equities analysts predict that Apple Inc. will post $8.94 EPS for the current year.

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Several equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Apple to $165.00 in a research note on Monday. FBN Securities downgraded shares of Apple to an “outperform” rating and set a $155.00 target price on the stock. in a research note on Monday. Vetr raised shares of Apple from a “hold” rating to a “buy” rating and set a $146.43 target price on the stock in a research note on Monday. Nomura set a $135.00 target price on shares of Apple and gave the stock a “buy” rating in a research note on Wednesday, January 4th. Finally, Raymond James Financial, Inc. reaffirmed an “outperform” rating on shares of Apple in a research note on Thursday, December 22nd. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, forty have issued a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $142.62.

In related news, insider Luca Maestri sold 2,300 shares of the firm’s stock in a transaction on Wednesday, December 28th. The stock was sold at an average price of $117.67, for a total value of $270,641.00. Following the completion of the transaction, the insider now directly owns 4,632 shares of the company’s stock, valued at $545,047.44. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Daniel J. Riccio sold 10,942 shares of the firm’s stock in a transaction on Wednesday, January 18th. The stock was sold at an average price of $119.99, for a total value of $1,312,930.58. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 403,844 shares of company stock valued at $51,434,527. 0.08% of the stock is owned by company insiders.

About Apple

Apple Inc (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings.

5 Day Chart for NASDAQ:AAPL

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