Alphabet Cl C Cap (NASDAQ:GOOG).
Geode Capital Management, LLC reports that it raised its ownership in Alphabet Cl C Cap shares by 3.0% in the quarter ending 09/30/2017. Its stake was worth $3,112,886,000 an increase of $248,506,000 according to the filing.
Several firms have shifted positions in (GOOG). Artisan Partners Limited Partnership downsized its holdings by shedding 191,760 shares a decrease of 40.4%. Artisan Partners Limited Partnership now controls 283,402 shares with a value of $271,814,000. The value of the position overall is down by 37.1%. As of the end of the quarter Mitsubishi Ufj Trust & Banking Corp had sold a total of 708 shares trimming its position 0.1%. The value of the investment in (GOOG) increased from $710,521,000 to $749,234,000 increasing 5.4% quarter to quarter.
As of quarter end Magellan Asset Management Ltd had acquired 178,989 shares growing its holdings by 9.7%. The value in dollars went from $1,670,740,000 to $1,935,036,000 a change of $264,296,000 quarter over quarter.
October 27 investment analysts at Stifel Nicolaus reiterated a “Buy” rating on the company. On October 27, 2017 Barclays PLC maintained a “Buy” rating on the company.
On October 27, 2017 Wells Fargo & Company kept a “Buy” rating on the company. October 27 investment analysts at Goldman Sachs Group, Inc. (The) reiterated a “Buy” rating on the stock.
October 27 investment analysts at Morgan Stanley maintained a “Buy” rating on the company. October 27 investment analysts at Macquarie reiterated a “Buy” rating on the company.
In the market the company is trading down by 0.45% since yesterday’s close of 5.69. The most current P/E ratio is 34.24 and market cap is 719.61B. In the last earnings report the EPS was $30.02 with 349.48M shares presently outstanding.
Investors are feeling more bearish on shares of the company recently if you pay attention to the increase in short interest. The firm recorded a rise in short interest of 4.23% between September 29, 2017 and October 13, 2017. Short interest grew from 3,366,320 to 3,508,859 over that timeframe. With short interest at 3,508,859 and short average daily volume at 1,149,744, the short-interest ratio is 3.0 and the short interest percentage is 0.01% as of October 13.