Facebook, Inc. (FB) is Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s 10th Largest Position

Investmentaktiengesellschaft Fuer Langfristige Investoren TGV continued to hold its position in Facebook, Inc. (NASDAQ:FB) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,000 shares of the social networking company’s stock at the end of the first quarter. Facebook makes up about 1.9% of Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s investment portfolio, making the stock its 10th largest position. Investmentaktiengesellschaft Fuer Langfristige Investoren TGV’s holdings in Facebook were worth $8,523,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in Facebook by 21.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,807,720 shares of the social networking company’s stock valued at $438,112,000 after buying an additional 665,048 shares in the last quarter. Private Advisor Group LLC raised its stake in Facebook by 8.7% in the fourth quarter. Private Advisor Group LLC now owns 125,178 shares of the social networking company’s stock valued at $15,737,000 after buying an additional 10,046 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in Facebook by 1.1% in the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 134,187 shares of the social networking company’s stock valued at $15,438,000 after buying an additional 1,515 shares in the last quarter. Coldstream Capital Management Inc. raised its stake in Facebook by 34.0% in the fourth quarter. Coldstream Capital Management Inc. now owns 7,151 shares of the social networking company’s stock valued at $823,000 after buying an additional 1,814 shares in the last quarter. Finally, JT Stratford LLC bought a new stake in Facebook during the fourth quarter valued at $862,000. Hedge funds and other institutional investors own 57.68% of the company’s stock.

Shares of Facebook, Inc. (FB) traded up 1.18% during mid-day trading on Friday, reaching $172.45. The company had a trading volume of 24,557,553 shares. The company has a market capitalization of $500.11 billion, a price-to-earnings ratio of 38.58 and a beta of 0.67. The stock has a 50 day moving average of $156.22 and a 200-day moving average of $144.53. Facebook, Inc. has a 52 week low of $113.55 and a 52 week high of $175.49. Facebook also saw unusually large options trading on Wednesday. Stock investors purchased 213,349 call options on the company. This represents an increase of approximately 121% compared to the average volume of 96,355 call options.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, July 26th. The social networking company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.13 by $0.19. Facebook had a return on equity of 21.73% and a net margin of 38.84%. The business had revenue of $9.32 billion during the quarter, compared to analysts’ expectations of $9.19 billion. During the same quarter in the prior year, the firm earned $0.97 earnings per share. The business’s revenue was up 44.8% compared to the same quarter last year. On average, analysts expect that Facebook, Inc. will post $5.23 earnings per share for the current fiscal year.

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FB has been the subject of several research reports. Aegis reissued a “buy” rating on shares of Facebook in a research report on Sunday, April 2nd. Barclays PLC reissued a “neutral” rating on shares of Facebook in a research report on Friday, April 14th. Royal Bank Of Canada reissued an “outperform” rating and issued a $175.00 price target on shares of Facebook in a research report on Monday, April 17th. Credit Suisse Group lifted their price target on shares of Facebook from $170.00 to $175.00 and gave the company an “outperform” rating in a research report on Monday, April 17th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $150.00 price target on shares of Facebook in a research report on Monday, April 17th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, forty-two have issued a buy rating and four have issued a strong buy rating to the stock. Facebook presently has a consensus rating of “Buy” and an average price target of $178.52.

In other Facebook news, VP Colin Stretch sold 750 shares of the firm’s stock in a transaction on Tuesday, July 25th. The stock was sold at an average price of $165.29, for a total transaction of $123,967.50. Following the completion of the sale, the vice president now owns 83,906 shares of the company’s stock, valued at $13,868,822.74. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Christopher K. Cox sold 16,000 shares of the firm’s stock in a transaction on Monday, May 8th. The stock was sold at an average price of $150.05, for a total value of $2,400,800.00. Following the sale, the insider now directly owns 165,431 shares of the company’s stock, valued at approximately $24,822,921.55. The disclosure for this sale can be found here. In the last three months, insiders have sold 10,160,716 shares of company stock valued at $1,602,152,681. 19.08% of the stock is owned by insiders.

About Facebook

Facebook, Inc is focused on building products that enable people to connect and share through mobile devices, personal computers and other surfaces. The Company’s products include Facebook, Instagram, Messenger, WhatsApp and Oculus. Facebook enables people to connect, share, discover and communicate with each other on mobile devices and personal computers.

Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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