Analyst Activity – Royal Bank of Canada Reiterates Buy on Apple (NASDAQ:AAPL)

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Analyst Ratings For Apple (NASDAQ:AAPL)

Today, Royal Bank of Canada reiterated its Buy rating on Apple (NASDAQ:AAPL) with a price target of $157.00.

There are 8 hold ratings, 39 buy ratings, 1 strong buy rating on the stock.

The current consensus rating on Apple (NASDAQ:AAPL) is Buy (Score: 2.85) with a consensus target price of $156.48 per share, a potential 2.58% upside.

Some recent analyst ratings include

  • 5/19/2017-Royal Bank of Canada Reiterated Rating of Buy.
  • 5/19/2017-Wells Fargo & Co Reiterated Rating of Market Perform.
  • 5/17/2017-Morgan Stanley Reiterated Rating of Overweight.
  • 5/17/2017-BMO Capital Markets Reiterated Rating of Outperform.
  • 5/16/2017-Canaccord Genuity Reiterated Rating of Buy .
  • 5/15/2017-Argus Reiterated Rating of Outperform.

Dividend information for Apple (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) pays an annual dividend of 8 Hold Ratings, 39 Buy Ratings, 1 Strong Buy Rating with a yield of 1.49% and an average dividend growth of 9.80% based on a 3 Year Average..

Dividend History for Apple (NASDAQ:AAPL)

  • On 5/2/2017 Apple announced a quarterly dividend of $0.63 1.71% with an ex dividend date of 5/11/2017 which will be payable on 5/18/2017.
  • On 1/31/2017 Apple announced a quarterly dividend of $0.57 1.77% with an ex dividend date of 2/9/2017 which will be payable on 2/16/2017.
  • On 10/25/2016 Apple announced a quarterly dividend of $0.57 1.97% with an ex dividend date of 11/3/2016 which will be payable on 11/10/2016.
  • On 7/26/2016 Apple announced a quarterly dividend of $0.57 2.19% with an ex dividend date of 8/4/2016 which will be payable on 8/11/2016.
  • On 4/26/2016 Apple announced a quarterly dividend of $0.57 2.33% with an ex dividend date of 5/5/2016 which will be payable on 5/12/2016.
  • On 1/26/2016 Apple announced a quarterly dividend of $0.52 2.21% with an ex dividend date of 2/4/2016 which will be payable on 2/11/2016.
  • On 10/27/2015 Apple announced a quarterly dividend of $0.52 1.73% with an ex dividend date of 11/5/2015 which will be payable on 11/12/2015.

Recent Insider Trading Activity For Apple (NASDAQ:AAPL)
Apple (NASDAQ:AAPL) has insider ownership of 0.08% and institutional ownership of 58.76%.

  • On 5/16/2017 Daniel J Riccio, Insider, sold 11,949 with an average share price of $155.27 per share and the total transaction amounting to $1,855,321.23. View SEC Filing
  • On 5/10/2017 Angela J Ahrendts, Insider, sold 25,377 with an average share price of $154.24 per share and the total transaction amounting to $3,914,148.48. View SEC Filing
  • On 5/9/2017 Arthur D Levinson, Director, sold 35,000 with an average share price of $153.88 per share and the total transaction amounting to $5,385,800.00. View SEC Filing
  • On 5/8/2017 Angela J Ahrendts, Insider, sold 75,000 with an average share price of $147.98 per share and the total transaction amounting to $11,098,500.00. View SEC Filing
  • On 5/5/2017 D Bruce Sewell, SVP, sold 67,500 with an average share price of $148.76 per share and the total transaction amounting to $10,041,300.00. View SEC Filing
  • On 4/20/2017 Luca Maestri, Insider, sold 6,308 with an average share price of $141.83 per share and the total transaction amounting to $894,663.64. View SEC Filing
  • On 4/6/2017 Daniel J Riccio, Insider, sold 11,949 with an average share price of $143.98 per share and the total transaction amounting to $1,720,417.02. View SEC Filing

About Apple (NASDAQ:AAPL)
Apple Inc. (Apple) designs, manufactures and markets mobile communication and media devices, personal computers, and portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. The Company’s products and services include iPhone, iPad, Mac, iPod, Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and a variety of accessory, service and support offerings. The Company also delivers digital content and applications through the iTunes Store, App StoreSM, iBookstoreSM, and Mac App Store. The Company distributes its products worldwide through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. In February 2012, the Company acquired app-search engine Chomp.

Recent Trading Activity for Apple (NASDAQ:AAPL)
Shares of Apple closed the previous trading session at 153.06 up +0.52 0.34% with 33,568,215 shares trading hands.

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