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Blue Square Asset Management LLC Acquires 325 Shares of Apple Inc. (NASDAQ:AAPL)

Blue Square Asset Management LLC Acquires 325 Shares of Apple Inc. (NASDAQ:AAPL)

  • 19.03.2025 08:51
  • etfdailynews.com
  • Keywords: High, Low

Blue Square Asset Management increased its Apple Inc. holdings by 1.4% in the fourth quarter, purchasing an additional 325 shares, making Apple about 2.9% of its portfolio. Other hedge funds also adjusted their positions in Apple during the same period.

Apple ReportsApple ServicesAAPLsentiment_satisfied

Estimated market influence

Blue Square Asset Management LLC

Positivesentiment_satisfied
Analyst rating: N/A

Boosted its holdings in Apple by 1.4% in the fourth quarter, owning 22,983 shares worth $5,755,000.

O Connor Financial Group LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew its holdings by 1.2%, now owns 3,578 shares valued at $896,000.

1620 Investment Advisors Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 0.5%, owning 9,654 shares worth $2,249,000.

Carolina Wealth Advisors LLC

Positivesentiment_satisfied
Analyst rating: N/A

Grew its holdings by 1.3%, now owns 3,489 shares valued at $813,000.

Menard Financial Group LLC

Positivesentiment_satisfied
Analyst rating: N/A

Increased holdings by 0.4%, owning 12,221 shares worth $2,848,000.

Hanseatic Management Services Inc.

Positivesentiment_satisfied
Analyst rating: N/A

Grew its holdings by 1.3%, now owns 3,775 shares valued at $945,000.

Apple Inc.

Apple Inc.

Positivesentiment_satisfied
Analyst rating: Buy

Received increased investments from multiple hedge funds; quarterly earnings beat estimates with EPS of $2.40 vs expected $2.36; dividend increase to $0.25 per share; target price increases by several research firms, average rating 'Moderate Buy'.

Context

Analysis of Blue Square Asset Management LLC’s Acquisition of Apple Inc. (NASDAQ:AAPL) Shares

  • Blue Square Asset Management LLC Increased Holdings:

    • Acquired an additional 325 shares of Apple Inc., boosting its holdings by 1.4% in the fourth quarter.
    • Total shares held: 22,983 shares, valued at $5,755,000.
    • Apple represents 2.9% of Blue Square’s portfolio and is its 11th largest position.

  • Other Hedge Fund Adjustments:

    • O Connor Financial Group LLC: Increased holdings by 1.2%, adding 41 shares, now holding 3,578 shares valued at $896,000.
    • 1620 Investment Advisors Inc.: Increased holdings by 0.5%, adding 45 shares, now holding 9,654 shares valued at $2,249,000.
    • Carolina Wealth Advisors LLC: Increased holdings by 1.3%, adding 46 shares, now holding 3,489 shares valued at $813,000.
    • Menard Financial Group LLC: Increased holdings by 0.4%, adding 48 shares, now holding 12,221 shares valued at $2,848,000.
    • Hanseatic Management Services Inc.: Increased holdings by 1.3%, adding 48 shares, now holding 3,775 shares valued at $945,000.

  • Apple’s Financial Performance:

    • Reported Q4 earnings per share (EPS) of $2.40, exceeding the consensus estimate of $2.36.
    • Net margin: 24.30%, Return on Equity (ROE): 160.83%.
    • Dividend Update: Announced a quarterly dividend of $0.25 per share, paid on February 13, 2024, with an annualized yield of 0.47%.

  • Analyst Consensus and Target Prices:

    • Average rating: “Moderate Buy” (based on data from MarketBeat.com).
    • Average target price: $243.65.
    • Research firms have raised target prices, with Monness Crespi & Hardt setting a target of $245.00, DA Davidson at $290.00, Bank of America at $265.00, and Citigroup at $275.00.

  • Market Implications:

    • The increase in institutional holdings reflects strong investor confidence in Apple’s growth potential.
    • Positive earnings, dividend yield, and upward revisions from analysts suggest continued momentum for the stock.
    • Competitive dynamics: Apple remains a dominant player in technology, with its ecosystem (iPhone, Mac, iPad, wearables) driving long-term revenue growth.
    • Regulatory risks are minimal, given Apple’s established market position and compliance history.

  • Key Metrics:

    • Market capitalization: $3.20 trillion.
    • PE ratio: 33.76, PEG ratio: 2.44, Beta: 1.18.
    • 52-week price range: $164.08 (low) to $260.10 (high).
    • 50-day moving average: $233.31, 200-day moving average: $233.60.

  • Strategic Considerations:

    • Apple’s ability to innovate and maintain its competitive edge in wearable technology, services, and hardware will be critical for sustained growth.
    • The company’s strong cash flow generation supports ongoing investments in research and development, as well as shareholder returns (dividends and buybacks).

  • Long-Term Effects:

    • Institutional buying indicates a belief in Apple’s ability to navigate macroeconomic challenges and deliver consistent returns.
    • The stock’s performance will likely remain tied to broader market trends and consumer demand for its products.