Verde Servicos Internacionais S.A. increased its holdings in Facebook, Inc. (NASDAQ:FB) by 5.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,316 shares of the social networking company’s stock after acquiring an additional 3,059 shares during the quarter. Facebook makes up 3.7% of Verde Servicos Internacionais S.A.’s portfolio, making the stock its 8th biggest position. Verde Servicos Internacionais S.A.’s holdings in Facebook were worth $11,969,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in FB. Vanguard Group Inc. increased its holdings in Facebook by 2.0% in the second quarter. Vanguard Group Inc. now owns 180,682,575 shares of the social networking company’s stock valued at $34,871,738,000 after buying an additional 3,465,756 shares during the last quarter. BlackRock Inc. increased its holdings in Facebook by 2.8% in the second quarter. BlackRock Inc. now owns 151,662,410 shares of the social networking company’s stock valued at $29,270,846,000 after buying an additional 4,114,043 shares during the last quarter. State Street Corp increased its holdings in Facebook by 0.7% in the third quarter. State Street Corp now owns 93,435,833 shares of the social networking company’s stock valued at $16,639,053,000 after buying an additional 627,442 shares during the last quarter. Invesco Ltd. increased its holdings in Facebook by 36.5% in the second quarter. Invesco Ltd. now owns 35,051,341 shares of the social networking company’s stock valued at $6,764,908,000 after buying an additional 9,368,684 shares during the last quarter. Finally, Nuveen Asset Management LLC increased its holdings in Facebook by 5,336.8% in the second quarter. Nuveen Asset Management LLC now owns 22,496,340 shares of the social networking company’s stock valued at $4,341,794,000 after buying an additional 22,082,561 shares during the last quarter. Institutional investors and hedge funds own 63.76% of the company’s stock.
In other Facebook news, CEO Mark Zuckerberg sold 118,500 shares of the business’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $179.45, for a total transaction of $21,264,825.00. The sale was disclosed in a filing with the SEC, which is available through . Also, COO Sheryl Sandberg sold 55,000 shares of the business’s stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $180.47, for a total transaction of $9,925,850.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,770,162 shares of company stock worth $332,836,883. Company insiders own 14.53% of the company’s stock.
Shares of NASDAQ:FB traded up $3.93 on Monday, reaching $212.60. 16,304,479 shares of the company traded hands, compared to its average volume of 13,195,107. Facebook, Inc. has a fifty-two week low of $135.91 and a fifty-two week high of $212.78. The company’s 50 day moving average is $201.35 and its 200-day moving average is $192.06. The stock has a market capitalization of $606.28 billion, a PE ratio of 28.08, a P/E/G ratio of 1.11 and a beta of 1.05. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.66 and a quick ratio of 4.66.
Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, October 30th. The social networking company reported $2.12 EPS for the quarter, beating analysts’ consensus estimates of $1.91 by $0.21. Facebook had a return on equity of 20.39% and a net margin of 27.08%. The company had revenue of $17.65 billion during the quarter, compared to the consensus estimate of $17.35 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The company’s quarterly revenue was up 28.6% compared to the same quarter last year. As a group, analysts expect that Facebook, Inc. will post 8.48 EPS for the current year.
Several equities analysts have recently commented on FB shares. UBS Group lowered their target price on Facebook from $240.00 to $235.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Nomura upped their target price on Facebook from $235.00 to $253.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Credit Suisse Group reaffirmed an “outperform” rating and set a $270.00 target price (up from $260.00) on shares of Facebook in a report on Thursday, October 31st. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $255.00 target price on shares of Facebook in a report on Thursday, October 31st. Finally, Aegis upped their target price on Facebook from $235.00 to $300.00 and gave the company a “buy” rating in a report on Monday, December 30th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and forty-three have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $233.44.
Facebook Company Profile
Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.
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