Achmea Investment Management B.V. increased its holdings in shares of Twitter Inc (NYSE:TWTR) by 56.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 61,063 shares of the social networking company’s stock after purchasing an additional 22,032 shares during the quarter. Achmea Investment Management B.V.’s holdings in Twitter were worth $1,755,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Oregon Public Employees Retirement Fund boosted its position in Twitter by 2,245.0% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,309,218 shares of the social networking company’s stock valued at $150,000 after purchasing an additional 4,125,455 shares during the last quarter. Canada Pension Plan Investment Board boosted its position in Twitter by 820.8% during the fourth quarter. Canada Pension Plan Investment Board now owns 3,307,199 shares of the social networking company’s stock valued at $95,042,000 after purchasing an additional 2,948,050 shares during the last quarter. Eagle Asset Management Inc. acquired a new stake in Twitter during the third quarter valued at $67,655,000. Vanguard Group Inc boosted its position in Twitter by 2.7% during the third quarter. Vanguard Group Inc now owns 70,255,589 shares of the social networking company’s stock valued at $1,999,474,000 after purchasing an additional 1,830,649 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in Twitter by 2.7% during the third quarter. Vanguard Group Inc. now owns 70,255,589 shares of the social networking company’s stock valued at $1,999,474,000 after purchasing an additional 1,830,649 shares during the last quarter. Institutional investors and hedge funds own 67.98% of the company’s stock.

In related news, CFO Ned D. Segal sold 6,000 shares of the business’s stock in a transaction dated Tuesday, March 12th. The stock was sold at an average price of $31.18, for a total transaction of $187,080.00. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Michael Montano sold 1,250 shares of the business’s stock in a transaction dated Thursday, December 20th. The shares were sold at an average price of $32.59, for a total value of $40,737.50. The disclosure for this sale can be found here. Insiders sold 2,172,661 shares of company stock worth $66,528,289 over the last quarter. 6.62% of the stock is currently owned by corporate insiders.

Twitter stock opened at $31.22 on Friday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 4.69 and a current ratio of 4.69. The stock has a market capitalization of $23.94 billion, a PE ratio of 56.76, a price-to-earnings-growth ratio of 2.81 and a beta of 0.50. Twitter Inc has a 52 week low of $26.19 and a 52 week high of $47.79.

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, February 7th. The social networking company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.15. The business had revenue of $908.84 million for the quarter, compared to analyst estimates of $864.87 million. Twitter had a return on equity of 8.08% and a net margin of 39.63%. The firm’s revenue for the quarter was up 24.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.19 earnings per share. Analysts anticipate that Twitter Inc will post 0.46 EPS for the current year.

A number of research firms recently issued reports on TWTR. Zacks Investment Research raised Twitter from a “hold” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Thursday, January 10th. JPMorgan Chase & Co. reissued a “buy” rating and set a $44.00 price objective on shares of Twitter in a research report on Thursday, January 10th. ValuEngine cut Twitter from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Wedbush set a $37.00 price objective on Twitter and gave the company a “hold” rating in a research report on Friday, February 8th. Finally, Guggenheim began coverage on Twitter in a research report on Thursday, December 6th. They set a “buy” rating and a $39.00 price objective for the company. Two analysts have rated the stock with a sell rating, twenty-one have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. Twitter has an average rating of “Hold” and a consensus target price of $35.33.

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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, a platform 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.

Read More: What is a Leveraged Buyout (LBO)?

Want to see what other hedge funds are holding TWTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twitter Inc (NYSE:TWTR).

Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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