Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in shares of Facebook Inc (NASDAQ:FB) by 10.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,820 shares of the social networking company’s stock after acquiring an additional 350 shares during the quarter. Facebook comprises approximately 3.1% of Mitsubishi UFJ Securities Holdings Co. Ltd.’s portfolio, making the stock its 5th largest holding. Mitsubishi UFJ Securities Holdings Co. Ltd.’s holdings in Facebook were worth $653,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently made changes to their positions in FB. Palisade Capital Management LLC NJ increased its stake in Facebook by 2.4% in the second quarter. Palisade Capital Management LLC NJ now owns 25,857 shares of the social networking company’s stock valued at $3,904,000 after purchasing an additional 602 shares during the period. Schwab Charles Investment Management Inc. increased its stake in Facebook by 4.9% in 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 purchasing an additional 349,182 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in Facebook by 0.5% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 175,610 shares of the social networking company’s stock valued at $26,514,000 after purchasing an additional 907 shares during the period. Xact Kapitalforvaltning AB increased its stake in Facebook by 2.9% in the third quarter. Xact Kapitalforvaltning AB now owns 424,191 shares of the social networking company’s stock valued at $72,482,000 after purchasing an additional 11,940 shares during the period. Finally, Birinyi Associates Inc. increased its stake in Facebook by 11.7% in the second quarter. Birinyi Associates Inc. now owns 30,500 shares of the social networking company’s stock valued at $4,605,000 after purchasing an additional 3,200 shares during the period. Hedge funds and other institutional investors own 57.80% of the company’s stock.

Shares of Facebook Inc (FB) opened at $171.58 on Friday. The company has a market cap of $523,568.47, a PE ratio of 31.83, a P/E/G ratio of 0.94 and a beta of 0.59. Facebook Inc has a fifty-two week low of $132.55 and a fifty-two week high of $195.32.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, January 31st. The social networking company reported $2.20 EPS for the quarter, topping analysts’ consensus estimates of $1.96 by $0.24. The firm had revenue of $12.97 billion for the quarter, compared to the consensus estimate of $12.58 billion. Facebook had a net margin of 39.16% and a return on equity of 26.49%. analysts anticipate that Facebook Inc will post 7.22 earnings per share for the current fiscal year.

A number of research firms have commented on FB. BidaskClub upgraded shares of Facebook from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, January 10th. Vetr upgraded shares of Facebook from a “buy” rating to a “strong-buy” rating and set a $210.43 price objective on the stock in a research note on Wednesday, January 10th. Aegis lifted their price objective on shares of Facebook from $215.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Citigroup restated a “buy” rating and issued a $220.00 price objective on shares of Facebook in a research note on Thursday, February 1st. They noted that the move was a valuation call. Finally, JMP Securities set a $235.00 price objective on shares of Facebook and gave the company a “buy” rating in a research note on Thursday, February 1st. One analyst has rated the stock with a sell rating, three have given a hold rating, forty-two have issued a buy rating and two have assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of $214.59.

In other Facebook news, Director Jan Koum sold 594,246 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $179.35, for a total value of $106,578,020.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Michael Todd Schroepfer sold 38,017 shares of the company’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $187.83, for a total transaction of $7,140,733.11. Following the completion of the sale, the insider now directly owns 381,521 shares in the company, valued at approximately $71,661,089.43. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,548,013 shares of company stock worth $278,500,923. 17.23% of the stock is owned by insiders.

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About Facebook

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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