Lawson Kroeker Investment Management Inc. NE Has $5.07 Million Holdings in Apple Inc. (NASDAQ:AAPL)

Lawson Kroeker Investment Management Inc. NE cut its position in Apple Inc. (NASDAQ:AAPL) by 0.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 20,239 shares of the iPhone maker’s stock after selling 83 shares during the period. Lawson Kroeker Investment Management Inc. NE’s holdings in Apple were worth $5,068,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Busey Bank increased its position in Apple by 0.3% during the fourth quarter. Busey Bank now owns 1,027,580 shares of the iPhone maker’s stock worth $257,327,000 after buying an additional 3,467 shares during the last quarter. Stordahl Capital Management Inc. lifted its position in shares of Apple by 7.9% in the fourth quarter. Stordahl Capital Management Inc. now owns 4,821 shares of the iPhone maker’s stock valued at $1,207,000 after buying an additional 354 shares during the last quarter. Abel Hall LLC boosted its stake in shares of Apple by 4.1% during the 4th quarter. Abel Hall LLC now owns 16,495 shares of the iPhone maker’s stock worth $4,131,000 after acquiring an additional 647 shares during the period. Synergy Asset Management LLC increased its holdings in shares of Apple by 7.5% during the 4th quarter. Synergy Asset Management LLC now owns 183,398 shares of the iPhone maker’s stock worth $44,722,000 after acquiring an additional 12,846 shares during the last quarter. Finally, Enzi Wealth raised its stake in Apple by 0.5% in the 4th quarter. Enzi Wealth now owns 15,450 shares of the iPhone maker’s stock valued at $3,869,000 after acquiring an additional 70 shares during the period. 67.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AAPL has been the subject of a number of research analyst reports. Monness Crespi & Hardt lifted their price objective on shares of Apple to $245.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Loop Capital downgraded shares of Apple from a “buy” rating to a “hold” rating and set a $230.00 target price for the company. in a report on Tuesday, January 21st. Morgan Stanley lowered their price target on shares of Apple from $275.00 to $252.00 and set an “overweight” rating on the stock in a report on Wednesday, March 12th. Citigroup boosted their price objective on Apple from $255.00 to $275.00 and gave the stock a “buy” rating in a report on Friday, January 31st. Finally, Redburn Partners set a $230.00 target price on Apple in a research note on Friday, January 31st. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $243.65.

Apple Stock Up 1.4 %

AAPL stock opened at $223.75 on Wednesday. The firm has a 50-day moving average price of $231.35 and a 200-day moving average price of $233.43. Apple Inc. has a 12 month low of $164.08 and a 12 month high of $260.10. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $3.36 trillion, a P/E ratio of 35.52, a price-to-earnings-growth ratio of 2.44 and a beta of 1.18.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Thursday, January 30th. The iPhone maker reported $2.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.36 by $0.04. Apple had a net margin of 24.30% and a return on equity of 160.83%. As a group, equities research analysts anticipate that Apple Inc. will post 7.28 EPS for the current fiscal year.

Apple Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, February 13th. Stockholders of record on Monday, February 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.45%. The ex-dividend date of this dividend was Monday, February 10th. Apple’s payout ratio is 15.87%.

Apple Profile

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.