Cantor Fitzgerald Initiates Coverage of Alphabet (SNSE:GOOGLCL) with Neutral Recommendation

Fintel reports that on September 5, 2024, Cantor Fitzgerald initiated coverage of Alphabet (SNSE:GOOGLCL) with a Neutral recommendation.

What is the Fund Sentiment?

There are 6,387 funds or institutions reporting positions in Alphabet. This is an increase of 172 owner(s) or 2.77% in the last quarter. Average portfolio weight of all funds dedicated to GOOGLCL is 1.95%, an increase of 10.53%. Total shares owned by institutions increased in the last three months by 4.69% to 5,121,528K shares.

What are Other Shareholders Doing?

CL:GOOGLCL / Alphabet Inc. Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 185,844K shares representing 3.17% ownership of the company. In its prior filing, the firm reported owning 185,355K shares , representing an increase of 0.26%. The firm increased its portfolio allocation in GOOGLCL by 17.67% over the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 150,759K shares representing 2.57% ownership of the company. In its prior filing, the firm reported owning 148,502K shares , representing an increase of 1.50%. The firm increased its portfolio allocation in GOOGLCL by 15.98% over the last quarter.

Geode Capital Management holds 131,404K shares representing 2.24% ownership of the company. In its prior filing, the firm reported owning 129,133K shares , representing an increase of 1.73%. The firm decreased its portfolio allocation in GOOGLCL by 39.16% over the last quarter.

Norges Bank holds 107,482K shares representing 1.83% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Price T Rowe Associates holds 98,140K shares representing 1.68% ownership of the company. In its prior filing, the firm reported owning 99,641K shares , representing a decrease of 1.53%. The firm increased its portfolio allocation in GOOGLCL by 16.05% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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