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Tyler Stone Wealth Management increased its holdings in Alphabet Inc. by 10.1% in Q2, purchasing an additional 3,608 shares, making Alphabet its 19th largest position. The firm's holdings in Alphabet are valued at $6.94 million. Alphabet's stock has received strong buy ratings from analysts, with a consensus target price of $314.22. The company reported strong Q3 earnings, with $2.87 EPS and $102.35 billion in revenue. Alphabet also announced a quarterly dividend of $0.21 per share, payable on December 15th.
Kentucky Retirement Systems Insurance Trust Fund increased its stake in Capital One Financial Corporation by 56.5% in Q2, owning 17,227 shares valued at $3,665,000. Other investors also adjusted their positions. Analysts have given Capital One a "Moderate Buy" rating with an average target price of $262.70. The stock opened at $237.71, with a market cap of $151.12 billion. Capital One reported $5.95 EPS for Q3, with $15.46 billion in revenue, and announced a quarterly dividend.
Hyperion Capital Advisors LP reduced its stake in The Charles Schwab Corporation by 13.8% in Q2, selling 16,318 shares. The firm now holds 101,936 shares, valued at $9.3 million, making it the 8th largest holding in their portfolio. Other institutional investors also adjusted their positions in Charles Schwab during the same period.
Ashford Capital Management Inc. decreased its holdings in Meta Platforms, Inc. by 28.2% during the 2nd quarter, now owning 6,005 shares worth $4,432,000. Other investors also adjusted their stakes in Meta. Meta's stock opened at $644.23 on Friday with a market cap of $1.62 trillion. The company reported strong quarterly earnings and announced a quarterly dividend of $0.525 per share. Analysts have mixed ratings on the stock, with target prices ranging from $810 to $910.
Alphabet's stock has been on fire in the second half of the year.
