TD Asset Management Inc. boosted its position in Wix.Com Ltd (NASDAQ:WIX) by 63.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,137 shares of the information services provider’s stock after buying an additional 9,800 shares during the quarter. TD Asset Management Inc. owned approximately 0.05% of Wix.Com worth $2,271,000 as of its most recent filing with the SEC.

Other institutional investors have also recently made changes to their positions in the company. Keybank National Association OH boosted its position in shares of Wix.Com by 8.7% during the 4th quarter. Keybank National Association OH now owns 4,206 shares of the information services provider’s stock valued at $380,000 after purchasing an additional 338 shares in the last quarter. Pendal Group Ltd boosted its position in shares of Wix.Com by 72.0% during the 4th quarter. Pendal Group Ltd now owns 3,290 shares of the information services provider’s stock valued at $297,000 after purchasing an additional 1,377 shares in the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Wix.Com by 21.9% during the 4th quarter. Flagship Harbor Advisors LLC now owns 618 shares of the information services provider’s stock valued at $55,000 after purchasing an additional 111 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Wix.Com by 71.5% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,078 shares of the information services provider’s stock valued at $820,000 after purchasing an additional 3,784 shares in the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD bought a new stake in shares of Wix.Com during the 4th quarter valued at about $216,000. 88.06% of the stock is currently owned by institutional investors and hedge funds.

Shares of Wix.Com stock traded down $13.17 on Wednesday, hitting $112.58. The company had a trading volume of 64,563 shares, compared to its average volume of 525,313. The company has a market cap of $5.69 billion, a PE ratio of -113.07 and a beta of 1.71. Wix.Com Ltd has a 1 year low of $73.30 and a 1 year high of $125.84. The company has a quick ratio of 2.24, a current ratio of 2.24 and a debt-to-equity ratio of 2.49.

Wix.Com (NASDAQ:WIX) last issued its quarterly earnings results on Wednesday, February 20th. The information services provider reported $0.42 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.05) by $0.47. The company had revenue of $164.20 million during the quarter, compared to the consensus estimate of $162.02 million. Wix.Com had a negative return on equity of 38.70% and a negative net margin of 6.80%. Wix.Com’s revenue was up 38.4% on a year-over-year basis. During the same period last year, the business posted $0.16 earnings per share. As a group, research analysts anticipate that Wix.Com Ltd will post -0.49 EPS for the current year.

Several equities research analysts recently commented on WIX shares. Zacks Investment Research upgraded Wix.Com from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research report on Saturday, January 12th. SunTrust Banks restated a “buy” rating and set a $140.00 target price on shares of Wix.Com in a research report on Friday, January 11th. BidaskClub lowered Wix.Com from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 13th. Citigroup started coverage on Wix.Com in a research report on Wednesday, December 19th. They set a “buy” rating on the stock. Finally, ValuEngine lowered Wix.Com from a “buy” rating to a “hold” rating in a research report on Thursday, November 15th. Three research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and three have issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $106.13.

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Wix.Com Profile

Wix.com Ltd. develops and markets an Internet service that allows users to create Web content in Latin America, Europe, North America, Asia, and internationally. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create a digital presence.

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Institutional Ownership by Quarter for Wix.Com (NASDAQ:WIX)

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