Changing Stocks: Alphabet Inc. (NASDAQ:GOOGL)

Driving interest in Alphabet Inc. Eastern Bank's holdings in Alphabet were worth $19,491,000 as of its most recent filing with the Securities and Exchange Commission. The Other Bets segment is involved in the sales of Internet and television services through Google Fiber, sales of Nest products and services, and licensing and research and development (R&D) services through Verily. McQueen Ball & Associates Inc. raised its holdings in shares of Alphabet by 18.2% in the 3rd quarter. Delta Asset Management LLC TN boosted its holdings in shares of Alphabet by 1.5% in the 1st quarter. Short shares decreased 33,500 over that period. Sterneck Capital Management Llc, a Missouri-based fund reported 68,040 shares. Osmium Partners Llc owns 1.92 million shares or 13.51% of their United States portfolio. Neville Rodie & Shaw Inc. now owns 14,407 shares of the information services provider's stock valued at $14,028,000 after acquiring an additional 200 shares in the last quarter. Bath Savings Trust Co now owns 7,529 shares of the information services provider's stock valued at $7,332,000 after acquiring an additional 635 shares in the last quarter. Gulf International Bank (uk) Ltd augmented its investment by buying 950 shares an increase of 1.0% as of 09/30/2017.

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Shares of Alphabet (GOOGL) opened at 1005.65 on Tuesday. The stock has a market cap of $696.79 billion, a price-to-earnings ratio of 36.45 and a beta of 0.96. It is now trading at $989.25 slightly over $938.42, the 50 day moving average and which is marginally higher than the 200 day moving average of $922.72. Alphabet Inc. has a 12 month low of $743.59 and a 12 month high of $1,008.61.

Alphabet (NASDAQ:GOOGL) last posted its quarterly earnings data on Thursday, April 27th. Google had 142 analyst reports since August 8, 2015 according to SRatingsIntel. Alphabet had a net margin of 19.49% and a return on equity of 13.66%. The company was maintained on Wednesday, June 29 by Goldman Sachs.

While considering EPS estimates of the company, it has next quarter growth estimates of 9.59 whereas during current year it has 30.59 estimations over growth, comparing to the estimations of 40.1 during next year. In analysts report issued to clients and investors on Wednesday, 11 October, Alphabet (NASDAQ:GOOGL) shares have had their "Outperform" Rating maintained by professional analysts at Credit Suisse. They noted that the move was a valuation call. On Tuesday, September 1 the stock rating was upgraded by Vetr to "Buy". July 25 investment analysts at Bank of America held the company rating at "Buy" and lowered the price expectation from $580.00 to $1.00. Morgan Stanley reaffirmed an overweight rating and set a $1,000.00 price objective on shares of Alphabet in a report on Saturday, March 25th. Five brokerages rating the company a strong buy, seven brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $930.08. The stock of Alphabet Inc (NASDAQ:GOOGL) has "Buy" rating given on Thursday, June 1 by Jefferies.



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