Atlas Capital Advisors LLC grew its holdings in shares of Twitter Inc (NYSE:TWTR) by 1,772.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,969 shares of the social networking company’s stock after acquiring an additional 25,529 shares during the quarter. Atlas Capital Advisors LLC’s holdings in Twitter were worth $782,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TWTR. First Trust Advisors LP raised its holdings in shares of Twitter by 18.4% during the 3rd quarter. First Trust Advisors LP now owns 10,400,990 shares of the social networking company’s stock valued at $296,012,000 after buying an additional 1,616,515 shares in the last quarter. Northern Trust Corp raised its holdings in shares of Twitter by 42.8% during the 2nd quarter. Northern Trust Corp now owns 10,289,349 shares of the social networking company’s stock valued at $449,336,000 after buying an additional 3,084,415 shares in the last quarter. ARK Investment Management LLC raised its holdings in shares of Twitter by 49.5% during the 3rd quarter. ARK Investment Management LLC now owns 4,123,045 shares of the social networking company’s stock valued at $117,342,000 after buying an additional 1,365,200 shares in the last quarter. American Century Companies Inc. raised its holdings in shares of Twitter by 47.9% during the 3rd quarter. American Century Companies Inc. now owns 4,010,994 shares of the social networking company’s stock valued at $114,153,000 after buying an additional 1,298,716 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Twitter by 4.8% during the 2nd quarter. Legal & General Group Plc now owns 2,918,801 shares of the social networking company’s stock valued at $127,464,000 after buying an additional 133,266 shares in the last quarter. Hedge funds and other institutional investors own 66.98% of the company’s stock.

Shares of Twitter stock opened at $31.06 on Wednesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 4.61 and a current ratio of 4.61. The company has a market capitalization of $25.63 billion, a price-to-earnings ratio of 517.67, a P/E/G ratio of 3.45 and a beta of 0.32. Twitter Inc has a one year low of $20.12 and a one year high of $47.79.

Twitter (NYSE:TWTR) last posted its earnings results on Thursday, October 25th. The social networking company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.17. Twitter had a return on equity of 6.75% and a net margin of 36.35%. The firm had revenue of $758.11 million for the quarter, compared to analysts’ expectations of $703.57 million. As a group, equities analysts expect that Twitter Inc will post 0.44 EPS for the current fiscal year.

In other news, Director David S. Rosenblatt sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, November 2nd. The stock was sold at an average price of $34.30, for a total transaction of $1,029,000.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Evan Clark Williams sold 682,242 shares of the business’s stock in a transaction that occurred on Thursday, August 30th. The shares were sold at an average price of $35.45, for a total value of $24,185,478.90. Following the transaction, the director now directly owns 1,634,718 shares in the company, valued at $57,950,753.10. The disclosure for this sale can be found here. Insiders have sold 4,180,995 shares of company stock worth $127,996,260 over the last three months. Insiders own 6.62% of the company’s stock.

A number of brokerages recently weighed in on TWTR. Zacks Investment Research reissued a “strong-buy” rating and set a $37.00 price objective on shares of Twitter in a report on Saturday. ValuEngine raised Twitter from a “buy” rating to a “strong-buy” rating in a report on Wednesday, October 31st. TheStreet raised Twitter from a “c” rating to a “b-” rating in a report on Friday, October 26th. Aegis raised their price objective on Twitter from $40.00 to $41.00 and gave the company a “buy” rating in a report on Monday, October 29th. Finally, CIBC raised Twitter from a “market perform” rating to an “outperform” rating and set a $37.00 price objective on the stock in a report on Friday, October 26th. Three analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, thirteen have assigned a buy rating and three have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $34.38.

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About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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