Eurizon SLJ Capital Ltd Sells Shares of Alphabet Inc.

Eurizon SLJ Capital Ltd sold 5,230 shares of Alphabet Inc. (NASDAQ:GOOGL) during the second quarter, decreasing its holdings in the information services provider by 13.1%. The institutional investor now owns 34,845 shares of Alphabet's stock, which accounts for approximately 4.6% of Eurizon SLJ Capital Ltd's holdings and makes it the company's 3rd biggest position. The value of Eurizon SLJ Capital Ltd's holdings in Alphabet was $12,453,000 at the end of the most recent quarter.

Alphabet Inc.'s stock has a market capitalization of $4.17 trillion, a P/E ratio of 17.11, and a beta of 1.24. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.72, and a quick ratio of 2.64. Alphabet's stock has a fifty day moving average price of $352.30 and a two-hundred day moving average price of $341.34.

Alphabet reported $9.11 earnings per share for the quarter, topping the consensus estimate of $2.89 by $6.22. The firm had revenue of $119.80 billion for the quarter, compared to analysts' expectations of $117.07 billion. Alphabet's dividend payout ratio (DPR) is presently 4.42%.

Several other large investors have also recently bought and sold shares of Alphabet Inc., including Vanguard Group Inc., State Street Corp, Geode Capital Management LLC, Norges Bank, and Bank of America Corp DE.