IFM Investors Pty Ltd raised its holdings in shares of Facebook, Inc. (NASDAQ:FB) by 12.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 199,185 shares of the social networking company’s stock after acquiring an additional 22,048 shares during the quarter. Facebook makes up about 2.2% of IFM Investors Pty Ltd’s investment portfolio, making the stock its 4th biggest position. IFM Investors Pty Ltd’s holdings in Facebook were worth $52,167,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of FB. Public Employees Retirement Association of Colorado raised its holdings in Facebook by 6.0% during the first quarter. Public Employees Retirement Association of Colorado now owns 1,662,849 shares of the social networking company’s stock valued at $277,363,000 after acquiring an additional 94,034 shares during the period. Tredje AP fonden grew its position in shares of Facebook by 134.2% during the first quarter. Tredje AP fonden now owns 357,778 shares of the social networking company’s stock valued at $59,677,000 after purchasing an additional 205,022 shares in the last quarter. State Street Corp grew its position in shares of Facebook by 1.2% during the first quarter. State Street Corp now owns 95,449,004 shares of the social networking company’s stock valued at $15,920,894,000 after purchasing an additional 1,132,053 shares in the last quarter. Maverick Capital Ltd. grew its position in shares of Facebook by 2,875.6% during the first quarter. Maverick Capital Ltd. now owns 611,717 shares of the social networking company’s stock valued at $102,034,000 after purchasing an additional 591,159 shares in the last quarter. Finally, Morgan Stanley grew its position in shares of Facebook by 2.4% during the first quarter. Morgan Stanley now owns 17,661,522 shares of the social networking company’s stock valued at $2,945,942,000 after purchasing an additional 412,559 shares in the last quarter. 65.31% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have recently weighed in on FB shares. HSBC raised their price objective on Facebook from $190.00 to $195.00 and gave the company a “reduce” rating in a research report on Wednesday, August 5th. Barclays raised their price objective on Facebook from $275.00 to $285.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. BMO Capital Markets lifted their price target on Facebook from $220.00 to $225.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. Wedbush lifted their price target on Facebook from $250.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, SunTrust Banks reiterated a “buy” rating and issued a $285.00 price target (up previously from $245.00) on shares of Facebook in a research report on Friday, July 31st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, forty-two have issued a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $283.11.

NASDAQ:FB traded down $0.79 during trading hours on Friday, reaching $265.93. The company’s stock had a trading volume of 16,622,702 shares, compared to its average volume of 23,501,252. The company has a market capitalization of $757.59 billion, a P/E ratio of 32.47, a price-to-earnings-growth ratio of 1.80 and a beta of 1.29. Facebook, Inc. has a 12 month low of $137.10 and a 12 month high of $304.67. The stock has a 50 day moving average price of $268.73 and a two-hundred day moving average price of $234.17.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Thursday, July 30th. The social networking company reported $1.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.36. The business had revenue of $18.69 billion for the quarter, compared to the consensus estimate of $17.29 billion. Facebook had a return on equity of 22.90% and a net margin of 31.29%. On average, analysts expect that Facebook, Inc. will post 8.11 EPS for the current fiscal year.

In other news, VP Jennifer Newstead sold 194 shares of the company’s stock in a transaction on Tuesday, July 21st. The stock was sold at an average price of $246.22, for a total transaction of $47,766.68. Following the transaction, the vice president now directly owns 2,112 shares of the company’s stock, valued at $520,016.64. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CAO Susan J.S. Taylor sold 1,133 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $261.39, for a total value of $296,154.87. Following the transaction, the chief accounting officer now directly owns 4,182 shares in the company, valued at $1,093,132.98. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,023 shares of company stock worth $9,420,337. Insiders own 14.14% of the company’s stock.

Facebook Profile

Facebook, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices 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 private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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