Grantham Mayo Van Otterloo & Co. LLC Decreases Stock Holdings in Alphabet Inc (NASDAQ:GOOG) – Sundance Herald
Grantham Mayo Van Otterloo & Co. LLC lowered its position in Alphabet Inc (NASDAQ:GOOG) by 19.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. Zacks Investment Research upgraded shares of Alphabet from a “hold” rating to a “buy” rating and set a $1,372.00 target price on the stock in a research report on Wednesday, July 31st. In other news, Director John L. Hennessy sold 75 shares of the stock in a transaction that occurred on Thursday, September 5th. The stock has a market capitalization of $835.49 billion, a price-to-earnings ratio of 25.18, a PEG ratio of 1.39 and a beta of 0.98.