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Alphabet saw investors adjust stakes as the company reported strong earnings and announced a dividend.
Several institutional investors have recently adjusted their stakes in Alphabet Inc., the parent company of Google.
Sepio Capital LP increased its holdings by 5.2%, acquiring 3,649 additional shares, while others like Tamar Securities LLC and Raab & Moskowitz Asset Management LLC have reduced their holdings.
Alphabet reported strong earnings of $2.31 per share for the quarter, surpassing analyst expectations and announced a quarterly dividend of $0.21 per share, payable on September 15.
The company's market cap stands at $2.84 trillion with a P/E ratio of 25.03.
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Alphabet vio a los inversores ajustar sus apuestas a medida que la compañía reportó fuertes ganancias y anunció un dividendo.