Town & Country Bank & Trust CO dba First Bankers Trust CO Has $522,000 Stake in Alphabet Inc (NASDAQ:GOOG)

Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in shares of Alphabet Inc (NASDAQ:GOOG) by 31.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 544 shares of the information services provider’s stock after purchasing an additional 129 shares during the quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO’s holdings in Alphabet were worth $522,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Alphabet by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 20,440,038 shares of the information services provider’s stock valued at $18,574,476,000 after acquiring an additional 589,654 shares during the period. BlackRock Inc. lifted its position in shares of Alphabet by 4.8% during the 2nd quarter. BlackRock Inc. now owns 18,058,006 shares of the information services provider’s stock valued at $16,409,850,000 after acquiring an additional 826,480 shares during the period. FMR LLC lifted its position in shares of Alphabet by 0.4% during the 2nd quarter. FMR LLC now owns 13,971,679 shares of the information services provider’s stock valued at $12,696,484,000 after acquiring an additional 62,507 shares during the period. Capital World Investors lifted its position in shares of Alphabet by 13.9% during the 2nd quarter. Capital World Investors now owns 6,371,356 shares of the information services provider’s stock valued at $5,789,842,000 after acquiring an additional 776,853 shares during the period. Finally, Capital Research Global Investors lifted its position in shares of Alphabet by 3.2% during the 2nd quarter. Capital Research Global Investors now owns 4,983,431 shares of the information services provider’s stock valued at $4,528,593,000 after acquiring an additional 155,151 shares during the period. 34.63% of the stock is currently owned by institutional investors.

In other Alphabet news, Director Ann Mather sold 38 shares of the stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $1,017.21, for a total value of $38,653.98. Following the completion of the sale, the director now owns 1,805 shares in the company, valued at approximately $1,836,064.05. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sundar Pichai sold 4,000 shares of the stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $993.58, for a total transaction of $3,974,320.00. Following the completion of the sale, the chief executive officer now owns 1,471 shares of the company’s stock, valued at approximately $1,461,556.18. The disclosure for this sale can be found here. In the last 90 days, insiders sold 36,900 shares of company stock valued at $37,877,147. 13.92% of the stock is owned by insiders.

Several brokerages recently issued reports on GOOG. Wells Fargo & Co restated a “buy” rating on shares of Alphabet in a research report on Friday, October 27th. UBS Group restated a “buy” rating on shares of Alphabet in a research report on Friday, October 27th. Societe Generale reiterated a “buy” rating on shares of Alphabet in a report on Friday, October 27th. Vetr downgraded Alphabet from a “buy” rating to a “hold” rating and set a $1,065.12 price target for the company. in a report on Thursday, December 7th. Finally, Oppenheimer reiterated an “outperform” rating on shares of Alphabet in a report on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating, thirty-seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $1,052.31.

Shares of Alphabet Inc (GOOG) traded up $16.74 during trading hours on Friday, hitting $1,122.26. 1,720,000 shares of the company traded hands, compared to its average volume of 1,380,000. The company has a current ratio of 5.77, a quick ratio of 5.73 and a debt-to-equity ratio of 0.03. The stock has a market cap of $782,040.00, a P/E ratio of 37.38 and a beta of 0.94. Alphabet Inc has a fifty-two week low of $790.52 and a fifty-two week high of $1,124.29.

Alphabet (NASDAQ:GOOG) last issued its quarterly earnings results on Thursday, October 26th. The information services provider reported $9.57 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $8.31 by $1.26. The business had revenue of $27.77 billion during the quarter, compared to the consensus estimate of $27.17 billion. Alphabet had a net margin of 20.09% and a return on equity of 14.26%. The firm’s quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.06 EPS.

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Alphabet Company Profile

Alphabet Inc is a holding company. The Company’s businesses include Google Inc (Google) and its Internet products, such as Access, Calico, CapitalG, GV, Nest, Verily, Waymo and X. The Company’s segments include Google and Other Bets. The Google segment includes its Internet products, such as Search, Ads, Commerce, Maps, YouTube, Google Cloud, Android, Chrome and Google Play, as well as its hardware initiatives.

Institutional Ownership by Quarter for Alphabet (NASDAQ:GOOG)

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