Nomura upgraded shares of Facebook (NASDAQ:FB) from a neutral rating to a buy rating in a research note published on Monday, MarketBeat.com reports. They currently have $215.00 price objective on the social networking company’s stock, up from their prior price objective of $172.00.

FB has been the subject of a number of other reports. Wedbush set a $220.00 price objective on shares of Facebook and gave the stock a buy rating in a report on Wednesday, January 2nd. ValuEngine downgraded shares of Facebook from a hold rating to a sell rating in a report on Friday, November 16th. Tigress Financial reaffirmed a buy rating on shares of Facebook in a report on Thursday, December 20th. Goldman Sachs Group downgraded shares of Facebook to a neutral rating in a research note on Friday, January 4th. Finally, BMO Capital Markets lowered their price target on shares of Facebook to $163.00 and set a market perform rating for the company in a research note on Monday, January 28th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and forty have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $191.58.

Facebook stock opened at $170.17 on Monday. Facebook has a 1-year low of $123.02 and a 1-year high of $218.62. The company has a market capitalization of $503.64 billion, a P/E ratio of 22.48, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88.

Facebook (NASDAQ:FB) last released its quarterly earnings data on Wednesday, January 30th. The social networking company reported $2.38 earnings per share for the quarter, beating analysts’ consensus estimates of $2.18 by $0.20. Facebook had a net margin of 39.60% and a return on equity of 27.51%. The business had revenue of $16.91 billion during the quarter, compared to analyst estimates of $16.40 billion. During the same period in the previous year, the business earned $1.44 EPS. Facebook’s revenue was up 30.4% compared to the same quarter last year. As a group, equities analysts predict that Facebook will post 7.55 earnings per share for the current fiscal year.

In other Facebook news, insider Christopher K. Cox sold 15,900 shares of the company’s stock in a transaction dated Tuesday, January 15th. The shares were sold at an average price of $150.07, for a total value of $2,386,113.00. Following the sale, the insider now owns 279,684 shares in the company, valued at $41,972,177.88. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Sheryl Sandberg sold 55,000 shares of the company’s stock in a transaction that occurred on Thursday, December 27th. The stock was sold at an average price of $132.11, for a total transaction of $7,266,050.00. The disclosure for this sale can be found here. Insiders have sold 335,711 shares of company stock worth $50,668,068 in the last quarter. 16.25% of the stock is owned by corporate insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sun Life Financial INC lifted its position in Facebook by 0.9% during the fourth quarter. Sun Life Financial INC now owns 6,684 shares of the social networking company’s stock valued at $876,000 after purchasing an additional 60 shares during the period. Valmark Advisers Inc. increased its holdings in Facebook by 3.5% during the fourth quarter. Valmark Advisers Inc. now owns 1,904 shares of the social networking company’s stock valued at $250,000 after buying an additional 65 shares during the last quarter. Gs Investments Inc. increased its holdings in Facebook by 0.3% during the fourth quarter. Gs Investments Inc. now owns 19,942 shares of the social networking company’s stock valued at $2,614,000 after buying an additional 65 shares during the last quarter. Titus Wealth Management increased its holdings in Facebook by 4.0% during the fourth quarter. Titus Wealth Management now owns 1,890 shares of the social networking company’s stock valued at $247,000 after buying an additional 73 shares during the last quarter. Finally, JOYN Advisors Inc. increased its holdings in Facebook by 1.8% during the fourth quarter. JOYN Advisors Inc. now owns 4,137 shares of the social networking company’s stock valued at $542,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 59.63% of the company’s stock.

Facebook Company Profile

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. The company's products include Facebook that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing photos, videos, and messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application for use by people and businesses to communicate in a private way.

See Also: How to Track your Portfolio in Google Finance

Analyst Recommendations for Facebook (NASDAQ:FB)

Receive News & Ratings for Facebook Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Facebook and related companies with MarketBeat.com's FREE daily email newsletter.