Braun Stacey Associates Inc. cut its holdings in shares of Alphabet Inc. (NASDAQ:GOOGL) by 3.5% during the second quarter, Holdings Channel reports. Harbour Capital Advisors LLC now owns 743,744 shares of the information services provider's stock worth $800,000 after buying an additional 742,602 shares in the last quarter.
Here's what Alphabet's third quarter looks like. The institutional investor owned 440 shares of the company's stock after buying an additional 15 shares during the period. Boston Advisors LLC now owns 157,087 shares of the company's stock valued at $119,842,000 after buying an additional 8,560 shares during the period. Carret Asset Management LLC lifted its position in Alphabet by 1.5% during the first quarter. First Midwest Bank Trust Division now owns 3,664 shares of the information services provider's stock valued at $3,567,000 after purchasing an additional 235 shares during the last quarter. Doyle Wealth Management increased its holdings in Alphabet by 4.4% in the 3rd quarter.
Amazon Launches Service That Allows Delivery Drivers To Open Your Front Door
Amazon said the key service isn't compatible with any alarm systems, which should be turned off if deliveries are expected. It's an Amazon Prime service that uses a smartlock to give delivery drivers access into your home to drop off packages.
Shares of Alphabet Inc. (NASDAQ:GOOGL) traded down 0.58% during midday trading on Friday, hitting $798.44. Alphabet Inc. has a one year low of $727.54 and a one year high of $997.21. The company has a market capitalization of $690.23 billion, a price-to-earnings ratio of 36.10 and a beta of 0.96. The company has a 50 day moving average of $969.84 and a 200 day moving average of $952.09. The information services provider reported $5.01 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $8.25 by ($3.24). Alphabet had a net margin of 22.00% and a return on equity of 14.74%.
Google ads accounted for the bulk of Alphabet revenue, contributing $27.47 billion, according to the earnings release.
Catalan crisis: Leader cancels address amid reports he will call snap elections
Spain was plunged into its worst constitutional crisis in decades after Catalonia held the independence referendum. The semi-autonomous region accounts for 16 per cent of Spain's population and 20 percent of its economic output.
Aggregate cost-per-click, which is how much advertisers pay for user clicks on links, declined 18%.
We had a terrific quarter, with revenues up 24 per cent year on year, reflecting strength across Google and Other Bets. Analysts had been expecting earnings of $8.33 per share on $27.2 billion in revenue.
NZ passport one of world's most powerful
THE LITTLE Red Dot has huge passport power , with a new index crowning Singapore's passport the best to own of any country's. The British passport holds some clout, but if you thought it was the most powerful in the world then you are sorely mistaken.
GOOGL has been the subject of a number of recent analyst reports. Mizuho restated a "buy" rating on shares of Alphabet in a research note on Tuesday, October 17th. Finally, Vetr downgraded Alphabet from a "strong-buy" rating to a "buy" rating and set a $1,030.26 target price for the company.in a report on Wednesday, July 5th.