Fred Alger Management LLC lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,112,719 shares of the iPhone maker's stock after purchasing an additional 370,053 shares during the period. Apple accounts for 4.1% of Fred Alger Management LLC's holdings, maki...
Fred Alger Management LLC lifted its holdings in shares of Apple Inc. (NASDAQ:AAPL - Free Report) by 9.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,112,719 shares of the iPhone maker's stock after purchasing an additional 370,053 shares during the period. Apple accounts for 4.1% of Fred Alger Management LLC's holdings, making the stock its 7th biggest holding. Fred Alger Management LLC's holdings in Apple were worth $1,047,222,000 as of its most recent SEC filing. Several other institutional investors also recently modified their holdings of the business. Norges Bank bought a new stake in shares of Apple in the 2nd quarter valued at about $38,942,255,000. Nuveen LLC bought a new position in shares of Apple during the first quarter worth about $17,472,482,000. PKS Advisory Services LLC raised its position in shares of Apple by 98,917.0% during the second quarter. PKS Advisory Services LLC now owns 57,956,620 shares of the iPhone maker's stock worth $12,106,000 after acquiring an additional 57,898,088 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Apple by 20,464.8% in the second quarter. Laurel Wealth Advisors LLC now owns 27,069,029 shares of the iPhone maker's stock worth $5,553,753,000 after acquiring an additional 26,937,401 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Apple by 13.3% in the fourth quarter. Northern Trust Corp now owns 171,385,531 shares of the iPhone maker's stock worth $42,918,365,000 after acquiring an additional 20,079,472 shares during the period. Institutional investors own 67.73% of the company's stock. Get Apple alerts: Sign Up Analyst Upgrades and Downgrades A number of analysts have weighed in on the stock. CLSA increased their target price on shares of Apple from $265.00 to $330.00 and gave the company an "outperform" rating in a research report on Friday, December 5th. TD Cowen res...