Barr E S & Co. increased its holdings in Facebook Inc (NASDAQ:FB) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,614 shares of the social networking company’s stock after buying an additional 50 shares during the period. Barr E S & Co.’s holdings in Facebook were worth $395,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. D. Scott Neal Inc. boosted its position in shares of Facebook by 1,358.0% in the 2nd quarter. D. Scott Neal Inc. now owns 729 shares of the social networking company’s stock worth $110,000 after buying an additional 679 shares in the last quarter. Farmers & Merchants Investments Inc. lifted its holdings in Facebook by 4.4% in the 2nd quarter. Farmers & Merchants Investments Inc. now owns 809 shares of the social networking company’s stock valued at $122,000 after purchasing an additional 34 shares in the last quarter. Pacific Center for Financial Services lifted its holdings in Facebook by 10.7% in the 1st quarter. Pacific Center for Financial Services now owns 910 shares of the social networking company’s stock valued at $129,000 after purchasing an additional 88 shares in the last quarter. Vigilant Capital Management LLC lifted its holdings in Facebook by 17.8% in the 2nd quarter. Vigilant Capital Management LLC now owns 991 shares of the social networking company’s stock valued at $150,000 after purchasing an additional 150 shares in the last quarter. Finally, Watermark Asset Management Inc. purchased a new position in Facebook in the 1st quarter valued at about $141,000. Institutional investors and hedge funds own 57.86% of the company’s stock.

Shares of Facebook Inc (NASDAQ FB) opened at $179.00 on Friday. The stock has a market cap of $520,139.66, a P/E ratio of 34.49, a P/E/G ratio of 1.14 and a beta of 0.69. Facebook Inc has a 1 year low of $114.77 and a 1 year high of $184.25.

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

In other Facebook news, VP Colin Stretch sold 750 shares of the stock in a transaction that occurred on Tuesday, December 5th. The shares were sold at an average price of $171.60, for a total value of $128,700.00. Following the completion of the sale, the vice president now owns 84,246 shares of the company’s stock, valued at $14,456,613.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP David B. Fischer sold 16,621 shares of the stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $183.51, for a total transaction of $3,050,119.71. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,932,625 shares of company stock valued at $879,469,497. Corporate insiders own 17.23% of the company’s stock.

A number of research analysts have issued reports on the stock. Pivotal Research restated a “sell” rating and issued a $140.00 target price on shares of Facebook in a report on Wednesday, September 6th. Wells Fargo & Company restated an “outperform” rating and issued a $215.00 target price (up from $185.00) on shares of Facebook in a report on Wednesday, September 27th. Vetr upgraded shares of Facebook from a “hold” rating to a “buy” rating and set a $174.15 target price on the stock in a report on Monday, August 21st. Royal Bank Of Canada restated a “buy” rating and issued a $195.00 target price on shares of Facebook in a report on Friday, October 13th. Finally, Wedbush restated an “outperform” rating and issued a $230.00 target price (up from $225.00) on shares of Facebook in a report on Thursday, November 2nd. Two research analysts have rated the stock with a sell rating, two have given a hold rating, forty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $200.73.

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Facebook 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.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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