Alphabet Inc (NASDAQ:GOOGL) Shares Bought by Fiera Capital Corp

Fiera Capital Corp increased its position in Alphabet Inc (NASDAQ:GOOGL) by 25.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 651,657 shares of the information services provider’s stock after buying an additional 132,306 shares during the quarter. Alphabet accounts for approximately 2.9% of Fiera Capital Corp’s investment portfolio, making the stock its 9th largest position. Fiera Capital Corp owned approximately 0.09% of Alphabet worth $872,823,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its holdings in shares of Alphabet by 5.1% during the 4th quarter. Larson Financial Group LLC now owns 145 shares of the information services provider’s stock worth $194,000 after buying an additional 7 shares in the last quarter. GenTrust LLC boosted its holdings in shares of Alphabet by 3.6% during the 4th quarter. GenTrust LLC now owns 204 shares of the information services provider’s stock worth $273,000 after buying an additional 7 shares in the last quarter. Round Table Services LLC boosted its holdings in shares of Alphabet by 0.9% during the 4th quarter. Round Table Services LLC now owns 799 shares of the information services provider’s stock worth $1,070,000 after buying an additional 7 shares in the last quarter. Trust Co. of Oklahoma boosted its holdings in shares of Alphabet by 0.3% during the 4th quarter. Trust Co. of Oklahoma now owns 2,621 shares of the information services provider’s stock worth $3,511,000 after buying an additional 7 shares in the last quarter. Finally, Capital Financial Planning LLC boosted its holdings in shares of Alphabet by 2.2% during the 4th quarter. Capital Financial Planning LLC now owns 319 shares of the information services provider’s stock worth $427,000 after buying an additional 7 shares in the last quarter. 33.93% of the stock is owned by institutional investors.

GOOGL has been the topic of a number of research analyst reports. Needham & Company LLC increased their price target on Alphabet from $1,350.00 to $1,800.00 and gave the stock a “buy” rating in a report on Tuesday, February 4th. Wells Fargo & Co restated a “buy” rating on shares of Alphabet in a report on Sunday, January 19th. JMP Securities increased their price target on Alphabet to and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Tigress Financial restated a “buy” rating on shares of Alphabet in a report on Friday, November 22nd. Finally, Zacks Investment Research upgraded Alphabet from a “hold” rating to a “buy” rating and set a $1,322.00 target price on the stock in a report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating and forty have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $1,521.84.

Shares of Alphabet stock opened at $1,518.73 on Friday. Alphabet Inc has a 1 year low of $1,027.03 and a 1 year high of $1,529.88. The firm has a market cap of $1,040.13 billion, a PE ratio of 29.34, a P/E/G ratio of 1.69 and a beta of 1.02. The stock has a fifty day moving average price of $1,435.18 and a 200-day moving average price of $1,297.32. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.37 and a quick ratio of 3.35.

Alphabet (NASDAQ:GOOGL) last announced its earnings results on Monday, February 3rd. The information services provider reported $15.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.76 by $2.59. Alphabet had a return on equity of 18.66% and a net margin of 21.22%. The firm had revenue of $37.57 billion during the quarter, compared to analyst estimates of $38.44 billion. During the same period last year, the firm posted $12.77 EPS. As a group, equities analysts anticipate that Alphabet Inc will post 54.78 EPS for the current fiscal year.

About Alphabet

Alphabet Inc, through its subsidiaries, provides online advertising services in the United States and internationally. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Ads, Android, Chrome, Commerce, Google Cloud, Google Maps, Google Play, Hardware, Search, and YouTube, as well as technical infrastructure and newer efforts, including Virtual Reality.

Further Reading: Portfolio Manager

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOGL)

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