Trillium Asset Management LLC lifted its position in shares of Facebook, Inc. (NASDAQ:FB) by 17.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,240 shares of the social networking company’s stock after purchasing an additional 8,464 shares during the period. Trillium Asset Management LLC’s holdings in Facebook were worth $9,548,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FB. FMR LLC raised its holdings in Facebook by 3.3% in the fourth quarter. FMR LLC now owns 123,422,389 shares of the social networking company’s stock valued at $25,332,445,000 after acquiring an additional 3,993,741 shares in the last quarter. State Street Corp raised its holdings in Facebook by 0.9% in the fourth quarter. State Street Corp now owns 94,316,951 shares of the social networking company’s stock valued at $19,358,554,000 after acquiring an additional 881,118 shares in the last quarter. Capital Research Global Investors raised its holdings in Facebook by 0.6% in the fourth quarter. Capital Research Global Investors now owns 73,111,043 shares of the social networking company’s stock valued at $15,006,041,000 after acquiring an additional 409,290 shares in the last quarter. Capital World Investors raised its holdings in Facebook by 5.4% in the fourth quarter. Capital World Investors now owns 46,700,441 shares of the social networking company’s stock valued at $9,585,263,000 after acquiring an additional 2,405,542 shares in the last quarter. Finally, Capital International Investors raised its holdings in Facebook by 1.8% in the fourth quarter. Capital International Investors now owns 45,189,119 shares of the social networking company’s stock valued at $9,275,066,000 after acquiring an additional 781,073 shares in the last quarter. 65.29% of the stock is currently owned by institutional investors and hedge funds.

NASDAQ FB traded up $4.07 on Friday, reaching $210.88. The company’s stock had a trading volume of 19,383,154 shares, compared to its average volume of 21,934,779. Facebook, Inc. has a twelve month low of $137.10 and a twelve month high of $224.20. The company has a debt-to-equity ratio of 0.09, a quick ratio of 4.60 and a current ratio of 4.60. The stock has a market cap of $600.82 billion, a PE ratio of 28.89, a PEG ratio of 1.45 and a beta of 1.16. The firm’s 50 day moving average is $182.40 and its two-hundred day moving average is $194.99.

Facebook (NASDAQ:FB) last issued its quarterly earnings results on Wednesday, April 29th. The social networking company reported $1.71 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.78 by ($0.07). Facebook had a net margin of 28.57% and a return on equity of 21.54%. The business had revenue of $17.74 billion during the quarter, compared to analyst estimates of $17.25 billion. During the same period in the previous year, the company posted $1.89 earnings per share. Facebook’s revenue was up 17.6% compared to the same quarter last year. Equities research analysts anticipate that Facebook, Inc. will post 7.25 EPS for the current fiscal year.

In other Facebook news, VP Jennifer Newstead sold 970 shares of the company’s stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $207.75, for a total transaction of $201,517.50. Following the completion of the sale, the vice president now directly owns 600 shares of the company’s stock, valued at $124,650. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CRO David B. Fischer sold 11,142 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $192.00, for a total transaction of $2,139,264.00. The disclosure for this sale can be found here. Insiders sold a total of 37,353 shares of company stock valued at $7,519,349 over the last three months. 14.14% of the stock is owned by corporate insiders.

Several analysts recently issued reports on FB shares. Citigroup cut their price target on shares of Facebook from $240.00 to $195.00 and set a “buy” rating on the stock in a report on Thursday, March 26th. Mizuho upped their price target on shares of Facebook from $220.00 to $245.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Cowen boosted their target price on shares of Facebook from $215.00 to $245.00 in a research note on Thursday, April 30th. Rosenblatt Securities boosted their target price on shares of Facebook from $223.00 to $244.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Finally, MKM Partners boosted their target price on shares of Facebook from $200.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, forty-one have issued a buy rating and two have issued a strong buy rating to the stock. Facebook currently has a consensus rating of “Buy” and a consensus target price of $240.30.

Facebook Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces 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 messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use 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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