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CENTRAL TRUST Co Lowers Position in Alphabet Inc. $GOOGL
CENTRAL TRUST Co reduced its stake in Alphabet Inc. (NASDAQ:GOOGL) by 2.1% in the third quarter, now holding 277,450 shares valued at approximately $67.45 million, making Alphabet its 17th largest holding. Despite this reduction and some insider selling, analysts maintain a “Moderate Buy” rating for Alphabet, with a consensus price target around $366.57, driven by strong quarterly earnings, strategic integrations, and new initiatives in clean energy and AI. The company announced a quarterly dividend of $0.21 per share.