Institutional Investors Are Crazy For Google Inc (NASDAQ:GOOG)

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Sentiment for Google Inc (NASDAQ:GOOG)

Google Inc (NASDAQ:GOOG) institutional sentiment increased to 3.33 in 2019 Q2. Its up 2.70, from 0.63 in 2019Q1. The ratio improved, as 10 funds opened new and increased holdings, while 3 decreased and sold holdings in Google Inc. The funds in our partner’s database now possess: 145,132 shares, up from 51,992 shares in 2019Q1. Also, the number of funds holding Google Inc in their top 10 holdings was flat from 1 to 1 for the same number . Sold All: 0 Reduced: 3 Increased: 7 New Position: 3.

Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company has market cap of $858.84 billion. The firm offers performance and brand advertising services. It has a 25 P/E ratio. It operates through Google and Other Bets divisions.

The stock increased 0.32% or $3.98 during the last trading session, reaching $1238.23. About 1.00M shares traded. Alphabet Inc. (NASDAQ:GOOG) has declined 0.25% since September 13, 2018 and is downtrending. It has underperformed by 0.25% the S&P500.

Analysts await Alphabet Inc. (NASDAQ:GOOG) to report earnings on October, 24. They expect $12.75 earnings per share, down 2.37 % or $0.31 from last year’s $13.06 per share. GOOG’s profit will be $8.84 billion for 24.28 P/E if the $12.75 EPS becomes a reality. After $14.21 actual earnings per share reported by Alphabet Inc. for the previous quarter, Wall Street now forecasts -10.27 % negative EPS growth.

Grand Jean Capital Management Inc holds 3.74% of its portfolio in Alphabet Inc. for 8,535 shares. M. Kraus & Co owns 5,038 shares or 3.03% of their US portfolio. Moreover, Baxter Bros Inc has 2.19% invested in the company for 8,876 shares. The Oregon-based Mengis Capital Management Inc. has invested 1.47% in the stock. Check Capital Management Inc Ca, a California-based fund reported 25,731 shares.

More notable recent Alphabet Inc. (NASDAQ:GOOG) news were published by: Nasdaq.com which released: “Technology Sector Update for 09/04/2019: COUP, BOX, ELTK, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” on September 04, 2019, also Nasdaq.com with their article: “Technology Sector Update for 09/11/2019: ZS, DPW, MAXR, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq” published on September 11, 2019, Nasdaq.com published: “Alphabet Breaks Below 200-Day Moving Average – Notable for GOOG – Nasdaq” on May 13, 2019. More interesting news about Alphabet Inc. (NASDAQ:GOOG) were released by: Seekingalpha.com and their article: “Alphabet, Ontario teachers launch holding company – Seeking Alpha” published on August 29, 2019 as well as Seekingalpha.com‘s news article titled: “Alphabet: The Concept Behind Trump’s Unfounded Attacks – Seeking Alpha” with publication date: August 26, 2019.

Alphabet Inc. (NASDAQ:GOOG) Ratings Chart

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