Strs Ohio increased its stake in shares of Twitter, Inc. (NYSE:TWTR) by 58.0% during the second quarter, Holdings Channel reports. The fund owned 76,250 shares of the social networking company’s stock after buying an additional 27,978 shares during the period. Strs Ohio’s holdings in Twitter were worth $1,362,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in TWTR. Teachers Advisors LLC boosted its position in shares of Twitter by 2.4% in the fourth quarter. Teachers Advisors LLC now owns 814,894 shares of the social networking company’s stock valued at $13,283,000 after buying an additional 19,411 shares during the last quarter. Raymond James Trust N.A. boosted its position in shares of Twitter by 22.0% in the first quarter. Raymond James Trust N.A. now owns 16,304 shares of the social networking company’s stock valued at $243,000 after buying an additional 2,936 shares during the last quarter. Gulf International Bank UK Ltd boosted its position in shares of Twitter by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 174,487 shares of the social networking company’s stock valued at $2,608,000 after buying an additional 2,800 shares during the last quarter. Capstone Asset Management Co. boosted its position in shares of Twitter by 18.5% in the first quarter. Capstone Asset Management Co. now owns 16,680 shares of the social networking company’s stock valued at $249,000 after buying an additional 2,600 shares during the last quarter. Finally, Atria Investments LLC boosted its position in shares of Twitter by 2.6% in the first quarter. Atria Investments LLC now owns 10,404 shares of the social networking company’s stock valued at $156,000 after buying an additional 268 shares during the last quarter. Institutional investors and hedge funds own 47.02% of the company’s stock.

Shares of Twitter, Inc. (NYSE:TWTR) opened at 15.92 on Friday. The stock has a 50 day moving average price of $17.99 and a 200 day moving average price of $16.88. The stock’s market capitalization is $11.67 billion. Twitter, Inc. has a 12 month low of $14.12 and a 12 month high of $25.25.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Thursday, July 27th. The social networking company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.03. The firm had revenue of $574 million during the quarter, compared to analysts’ expectations of $536.63 million. Twitter had a negative return on equity of 2.91% and a negative net margin of 18.25%. The business’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 earnings per share. On average, analysts anticipate that Twitter, Inc. will post $0.34 EPS for the current fiscal year.

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TWTR has been the subject of several recent research reports. Barclays PLC reiterated an “underweight” rating and issued a $14.00 price objective on shares of Twitter in a research note on Monday, April 17th. BMO Capital Markets reiterated a “hold” rating and issued a $17.00 price objective on shares of Twitter in a research note on Monday, April 17th. Jefferies Group LLC reiterated a “buy” rating and issued a $20.00 price objective on shares of Twitter in a research note on Tuesday, April 18th. Cantor Fitzgerald reiterated a “hold” rating and issued a $16.00 price objective on shares of Twitter in a research note on Monday, April 24th. Finally, Stifel Nicolaus reiterated a “sell” rating and issued a $10.00 price objective on shares of Twitter in a research note on Monday, April 24th. Sixteen equities research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $15.59.

In other Twitter news, Director Evan Clark Williams sold 853,700 shares of the firm’s stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $19.38, for a total transaction of $16,544,706.00. Following the transaction, the director now directly owns 2,735,038 shares in the company, valued at $53,005,036.44. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Kaiden sold 7,775 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $16.28, for a total value of $126,577.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 2,337,873 shares of company stock valued at $42,520,779. Insiders own 10.79% of the company’s stock.

About Twitter

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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