Country Club Trust Company n.a. grew its stake in shares of Facebook Inc (NASDAQ:FB) by 15.0% in the 4th quarter, Holdings Channel reports. The firm owned 2,602 shares of the social networking company’s stock after acquiring an additional 339 shares during the quarter. Country Club Trust Company n.a.’s holdings in Facebook were worth $459,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of FB. Sumitomo Mitsui Trust Holdings Inc. grew its holdings in Facebook by 3.4% in the 3rd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 7,115,741 shares of the social networking company’s stock worth $1,215,867,000 after buying an additional 231,883 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Facebook by 0.5% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 175,610 shares of the social networking company’s stock worth $26,514,000 after buying an additional 907 shares in the last quarter. Xact Kapitalforvaltning AB grew its holdings in Facebook by 2.9% in the 3rd quarter. Xact Kapitalforvaltning AB now owns 424,191 shares of the social networking company’s stock worth $72,482,000 after buying an additional 11,940 shares in the last quarter. Birinyi Associates Inc. grew its holdings in Facebook by 11.7% in the 2nd quarter. Birinyi Associates Inc. now owns 30,500 shares of the social networking company’s stock worth $4,605,000 after buying an additional 3,200 shares in the last quarter. Finally, Meridian Management Co. bought a new position in Facebook in the 2nd quarter worth approximately $1,706,000. 58.48% of the stock is owned by institutional investors.

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Shares of Facebook Inc (FB) opened at $184.19 on Thursday. The stock has a market capitalization of $528,361.44, a price-to-earnings ratio of 34.17, a PEG ratio of 0.94 and a beta of 0.64. Facebook Inc has a 1-year low of $137.60 and a 1-year high of $195.32.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, January 31st. The social networking company reported $2.20 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.96 by $0.24. The company had revenue of $12.97 billion during the quarter, compared to analyst estimates of $12.58 billion. Facebook had a return on equity of 26.49% and a net margin of 39.16%. sell-side analysts forecast that Facebook Inc will post 7.28 earnings per share for the current fiscal year.

In related news, CEO Mark Zuckerberg sold 440,000 shares of the stock in a transaction on Tuesday, March 13th. The stock was sold at an average price of $183.99, for a total transaction of $80,955,600.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Sheryl Sandberg sold 55,000 shares of the stock in a transaction on Wednesday, February 14th. The stock was sold at an average price of $177.25, for a total value of $9,748,750.00. The disclosure for this sale can be found here. Insiders sold 4,945,155 shares of company stock valued at $886,119,243 in the last 90 days. Corporate insiders own 17.23% of the company’s stock.

A number of equities analysts have issued reports on FB shares. Vetr raised Facebook from a “buy” rating to a “strong-buy” rating and set a $202.09 price target for the company in a research note on Tuesday, December 19th. MKM Partners increased their price target on Facebook to $240.00 and gave the company a “buy” rating in a research note on Friday, December 1st. Wells Fargo & Co reaffirmed a “buy” rating and set a $215.00 price target on shares of Facebook in a research note on Tuesday, December 5th. BidaskClub raised Facebook from a “hold” rating to a “buy” rating in a research note on Friday, January 26th. Finally, JPMorgan Chase & Co. set a $242.00 price target on Facebook and gave the company a “buy” rating in a research note on Thursday, February 1st. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, forty-one have given a buy rating and two have assigned a strong buy rating to the stock. Facebook presently has an average rating of “Buy” and an average price target of $214.70.

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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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