Alphabet Cl C Cap (NASDAQ:GOOG).
Appaloosa Lp says it lowered its position in Alphabet Cl C Cap shares by 17,000 shares in the last quarter. Its position was worth $544,774,000 an increase of 2.5% according to the filing.
Several firms have updated their holdings. As of the end of the quarter Raymond James & Associates had acquired 11,302 shares growing its stake by 6.1%. The value of the investment in Alphabet Cl C Cap increased from $167,014,000 to $187,114,000 increasing 12.0% quarter over quarter. Hosking Partners Llp trimmed its holdings by shedding 28,747 shares a decrease of 20.3% in the quarter. Hosking Partners Llp currently owns 112,737 shares with a value of $108,127,000. The value of the position overall is down by 15.9%.
As of quarter end Thornburg Investment Management Inc had bought a total of 226 shares growing its holdings by 0.3%. The value of the investment in (GOOG) went from $80,680,000 to $85,369,000 a change of $4,689,000 for the reporting period.
On October 27, 2017 Stifel Nicolaus maintained a “Buy” rating on the company. October 27 investment analysts at Barclays PLC kept a “Buy” rating on the company.
On October 27, 2017 Wells Fargo & Company reiterated a “Buy” rating on the company. October 27 investment analysts at Goldman Sachs Group, Inc. (The) reiterated a “Buy” rating on the stock.
On October 27, 2017 Morgan Stanley reiterated a “Buy” rating on the company. On October 27, 2017 Macquarie reiterated a “Buy” rating on the company.
The company is so far trading down by 0.29% since yesterday’s close of 4. Alphabet Cl C Cap currently has a P/E ratio of 34.08 and the market cap of the company is 716.17B. In the latest earnings report the EPS was $30.02 with 349.48M shares presently outstanding.
Traders are more bearish on the company recently as shown by the increase in short interest. The stock experienced a rise in short interest between September 29, 2017 and October 13, 2017 of 4.23%. Short shares increased 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, days to cover is 3.0 and the percentage of shorted shares is 0.01% as of October 13.