Mitsubishi UFJ Securities Holdings Co. Ltd. reduced its stake in shares of Facebook, Inc. (NASDAQ:FB) by 4.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,470 shares of the social networking company’s stock after selling 150 shares during the period. Facebook accounts for approximately 2.8% of Mitsubishi UFJ Securities Holdings Co. Ltd.’s portfolio, making the stock its 8th biggest holding. Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings in Facebook were worth $524,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. State Street Corp raised its holdings in Facebook by 1.7% during the first quarter. State Street Corp now owns 93,365,713 shares of the social networking company’s stock valued at $13,262,607,000 after buying an additional 1,536,158 shares in the last quarter. Jennison Associates LLC raised its holdings in Facebook by 6.4% during the second quarter. Jennison Associates LLC now owns 20,336,932 shares of the social networking company’s stock valued at $3,070,470,000 after buying an additional 1,219,412 shares in the last quarter. Legal & General Group Plc raised its holdings in Facebook by 6.2% during the second quarter. Legal & General Group Plc now owns 10,382,771 shares of the social networking company’s stock valued at $1,567,582,000 after buying an additional 602,162 shares in the last quarter. Schwab Charles Investment Management Inc. raised its holdings in Facebook by 4.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 7,476,119 shares of the social networking company’s stock valued at $1,128,745,000 after buying an additional 349,182 shares in the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. raised its holdings in Facebook by 2.4% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 6,883,858 shares of the social networking company’s stock valued at $1,039,325,000 after buying an additional 162,659 shares in the last quarter. Institutional investors own 57.44% of the company’s stock.

A number of equities analysts have recently commented on FB shares. Zacks Investment Research upgraded Facebook from a “hold” rating to a “buy” rating and set a $202.00 price objective on the stock in a research note on Tuesday, November 7th. Aegis lifted their price objective on Facebook from $200.00 to $215.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Citigroup Inc. lifted their price objective on Facebook from $200.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. They noted that the move was a valuation call. UBS AG set a $208.00 price objective on Facebook and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Barclays PLC lifted their price objective on Facebook from $200.00 to $215.00 and gave the stock an “overweight” rating in a research note on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, two have issued a hold rating, forty-three have issued a buy rating and two have given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $197.95.

In other Facebook news, Director Peter Thiel sold 160,805 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $178.90, for a total value of $28,768,014.50. Following the sale, the director now owns 6,311 shares in the company, valued at $1,129,037.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Mark Zuckerberg sold 254,525 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of $166.97, for a total transaction of $42,498,039.25. The disclosure for this sale can be found here. Insiders sold 5,890,749 shares of company stock worth $1,039,269,443 over the last three months. 17.23% of the stock is currently owned by insiders.

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Facebook, Inc. (NASDAQ FB) opened at $181.86 on Wednesday. Facebook, Inc. has a fifty-two week low of $114.00 and a fifty-two week high of $182.90. The company has a market cap of $519,384.16, a P/E ratio of 34.44, a PEG ratio of 1.14 and a beta of 0.67.

Facebook (NASDAQ:FB) last announced its earnings results on Wednesday, November 1st. The social networking company reported $1.59 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.28 by $0.31. Facebook had a net margin of 41.69% and a return on equity of 23.64%. The company had revenue of $10.33 billion for the quarter, compared to analysts’ expectations of $9.84 billion. During the same period last year, the firm earned $1.09 earnings per share. The business’s revenue for the quarter was up 47.3% on a year-over-year basis. equities analysts predict that Facebook, Inc. will post 5.86 EPS for the current fiscal year.

Facebook Company Profile

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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