Kistler Tiffany Companies LLC grew its position in salesforce.com, inc. (NYSE:CRM) by 17.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,749 shares of the CRM provider’s stock after acquiring an additional 547 shares during the period. Kistler Tiffany Companies LLC’s holdings in salesforce.com were worth $610,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Bray Capital Advisors lifted its stake in shares of salesforce.com by 0.3% in the 3rd quarter. Bray Capital Advisors now owns 23,420 shares of the CRM provider’s stock valued at $3,476,000 after acquiring an additional 65 shares during the last quarter. Chicago Partners Investment Group LLC raised its position in salesforce.com by 4.6% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 1,472 shares of the CRM provider’s stock worth $218,000 after purchasing an additional 65 shares during the last quarter. Citizens Financial Group Inc RI raised its position in salesforce.com by 21.9% during the 3rd quarter. Citizens Financial Group Inc RI now owns 379 shares of the CRM provider’s stock worth $56,000 after purchasing an additional 68 shares during the last quarter. Wealthsource Partners LLC raised its position in salesforce.com by 0.9% during the 3rd quarter. Wealthsource Partners LLC now owns 7,869 shares of the CRM provider’s stock worth $1,168,000 after purchasing an additional 70 shares during the last quarter. Finally, Sound Income Strategies LLC raised its position in salesforce.com by 93.8% during the 4th quarter. Sound Income Strategies LLC now owns 155 shares of the CRM provider’s stock worth $25,000 after purchasing an additional 75 shares during the last quarter. Institutional investors own 80.42% of the company’s stock.

Several research analysts recently issued reports on CRM shares. ValuEngine lowered salesforce.com from a “buy” rating to a “hold” rating in a research report on Wednesday, October 2nd. Wedbush reaffirmed an “outperform” rating and set a $192.00 target price on shares of salesforce.com in a research report on Thursday, November 21st. Evercore ISI reaffirmed a “buy” rating and set a $190.00 target price on shares of salesforce.com in a research report on Tuesday, November 12th. UBS Group reaffirmed a “buy” rating and set a $190.00 target price on shares of salesforce.com in a research report on Wednesday, December 4th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating on shares of salesforce.com in a research report on Tuesday, January 7th. Five equities research analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $192.80.

CRM stock traded down $1.73 during mid-day trading on Tuesday, reaching $182.12. 4,341,490 shares of the company traded hands, compared to its average volume of 6,024,278. The stock has a market cap of $159.84 billion, a price-to-earnings ratio of 125.60, a P/E/G ratio of 7.52 and a beta of 1.22. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.16. salesforce.com, inc. has a fifty-two week low of $137.87 and a fifty-two week high of $184.45. The firm’s 50 day moving average price is $164.71 and its 200 day moving average price is $155.70.

salesforce.com (NYSE:CRM) last released its quarterly earnings results on Tuesday, December 3rd. The CRM provider reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.09. The business had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.45 billion. salesforce.com had a return on equity of 5.37% and a net margin of 4.64%. The company’s quarterly revenue was up 33.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.61 EPS. On average, analysts anticipate that salesforce.com, inc. will post 1.28 EPS for the current fiscal year.

In related news, Director Susan Wojcicki purchased 1,100 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was acquired at an average price of $175.26 per share, for a total transaction of $192,786.00. Following the purchase, the director now owns 100,569 shares of the company’s stock, valued at $17,625,722.94. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Marc Benioff sold 10,000 shares of salesforce.com stock in a transaction dated Friday, January 10th. The shares were sold at an average price of $180.01, for a total value of $1,800,100.00. The disclosure for this sale can be found here. Insiders have sold a total of 395,741 shares of company stock valued at $63,928,887 in the last quarter. Company insiders own 5.50% of the company’s stock.

salesforce.com Company Profile

salesforce.com, inc. develops enterprise cloud computing solutions with a focus on customer relationship management. The company offers Sales Cloud to store data, monitor leads and progress, forecast opportunities, and gain insights through analytics and relationship intelligence, as well as deliver quotes, contracts, and invoices.

Read More: What is a stock portfolio tracker?

Want to see what other hedge funds are holding CRM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for salesforce.com, inc. (NYSE:CRM).

Institutional Ownership by Quarter for salesforce.com (NYSE:CRM)

Receive News & Ratings for salesforce.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for salesforce.com and related companies with MarketBeat.com's FREE daily email newsletter.