Finally, Bridges Investment Management Inc. raised its holdings in shares of Alphabet by 1.4% in the 3rd quarter. Gulf International Bank (uk) Ltd now controls 98,891 shares valued at $94,847,000. (GOOGL). Trading was heavy with 1,814,999 shares changing hands by the end of trading on Monday.
More notable recent Alphabet Inc (NASDAQ:GOOGL) news were published by: Seekingalpha.com which released: "Alphabet's Reach And Dominance Are Growing" on October 11, 2017, also Fool.com with their article: "Alphabet, Inc". Nelson Roberts Investment Advsr Limited Liability Company accumulated 9,437 shares.
COPYRIGHT VIOLATION WARNING: "Alphabet Inc". Levy Harkins And Incorporated, New York-based fund reported 13,227 shares. Hikari Ltd invested in 0.48% or 3,900 shares. 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. Moreover, Asset Group Inc has 0.09% invested in Alphabet Inc (NASDAQ:GOOG). They now have a $1350 PT on the firm. It closed at $1005.65 lastly.
Among 24 analysts covering Google Inc. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, thirty-nine have assigned a buy rating and one has given a strong buy rating to the stock. Therefore 90% are positive. With short interest at 3,766,508 and short average daily volume at 1,345,474, days to cover is 3.0 and the percentage of shorted shares is 0.01% as of September 15. Google Inc. had 27 analyst reports since March 24, 2017 according to SRatingsIntel. Canaccord Genuity reiterated a "hold" rating and set a $1,000.00 price target on shares of Alphabet in a research note on Thursday, July 27th. As per Friday, September 29, the company rating was maintained by Morgan Stanley. The company was maintained on Wednesday, June 29 by Goldman Sachs. Mizuho upgraded it to "Buy" rating and $715 target in Tuesday, August 11 report. The company now has a consensus rating of Buy and an average target price of $1,002.75.
The return on assets (ROA) (aka return on total assets, return on average assets), is one of the most widely used profitability ratios because it is related to both profit margin and asset turnover, and shows the rate of return for both creditors and investors of the company. $1010.61's average target is 2.31% above currents $987.8 stock price. The firm earned "Neutral" rating on Monday, May 1 by Independent Research.
Technical traders may be staring at recent indicator levels on shares of Alphabet Inc.
Alphabet Inc. has a 12 month low of $727.54 and a 12 month high of $990.71. It has outperformed by 16.76% the S&P500.
The value of the company's investment in Alphabet Inc. went from $1,139,000 to $1,145,000 a change of 0.5% quarter to quarter. The Company's businesses include Google Inc. and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The company has market cap of $679.13 billion.
Several other institutional investors also recently modified their holdings of the company. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.
Alphabet Inc. (NASDAQ:GOOGL)'s stock had its "buy" rating restated by equities researchers at Jefferies Group LLC in a note issued to investors on Tuesday.
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