Bourgeon Capital Management LLC Has $6.78 Million Position in Alphabet Inc. (GOOGL)


(NASDAQ:GOOG) by 2.1% during the fourth quarter, according to its most recent 13F filing with the SEC. This analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market.

Several other institutional investors have also made changes to their positions in GOOGL. Odey Holdings AG now owns 130 shares of the information services provider's stock worth $121,000 after purchasing an additional 20 shares in the last quarter. Odey Holdings AG lifted its stake in Alphabet by 18.2% in the 2nd quarter. Beach Investment Management LLC. purchased a new position in Alphabet in the 2nd quarter valued at about $268,000. Pictet & Cie Europe SA lifted its holdings in Alphabet by 6.1% in the 2nd quarter. WealthTrust Arizona LLC now owns 148 shares of the information services provider's stock valued at $155,000 after acquiring an additional 85 shares in the last quarter.

Shares of GOOG opened at $1,019.98 on Tuesday. Alphabet Inc has a 12-month low of $834.60 and a 12-month high of $1,198.00. This company shares are 30.1% off its target price of $1327 and the current market capitalization stands at $694.52B. (NASDAQ:GOOGL) earned "Buy" rating by Aegis Capital on Wednesday, March 28.

ROE (Return on equity) was recorded as N/A and GOOG's has Return on assets (ROA) of N/A while Return on Investment (ROI) was recorded as N/A. The business had revenue of $24.86 billion for the quarter, compared to analysts' expectations of $24.20 billion.

On the current session, Alphabet Inc. Shares repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

A number of analysts have recently issued reports on GOOGL shares. Vetr upgraded shares of Alphabet from a "hold" rating to a "buy" rating and set a $1,055.90 price objective on the stock in a research report on Monday, December 4th.

Deutsche Bank reissued their buy rating on shares of Alphabet (NASDAQ:GOOG) in a report released on Tuesday, MarketBeat Ratings reports. The firm has "Buy" rating by Robert W. Baird given on Thursday, February 1. BMO Capital Markets maintained it with "Market Perform" rating and $1100 target in Friday, February 2 report.

In total 26 analysts cover Alphabet Inc (NASDAQ:GOOGL). The stock rating was maintained by RBC Capital Markets with "Buy" on Thursday, February 1. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of US and global copyright and trademark legislation. Alphabet Inc. (NASDAQ:GOOGL) has risen 20.09% since April 25, 2017 and is uptrending.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The firm owned 1,305,251 shares of the information services provider's stock after acquiring an additional 26,380 shares during the period. It operates through Google and Other Bets divisions.