Norris Perne & French LLP MI reduced its stake in Alphabet Inc. (NASDAQ: GOOGL) by 0.9% in Q4, holding 414,506 shares valued at $78.5 million. Other hedge funds also adjusted their positions, with Bennett Selby Investments increasing its holdings by 4%. GOOGL stock opened at $185.34, with a market cap of $2.27 trillion and a P/E ratio of 24.58. The company recently announced a quarterly dividend of $0.20, payable on March 17. Analysts generally rate GOOGL as a “Moderate Buy,” with a consensus target price of $210.62. Insiders have sold shares, indicating some profit-taking.