Livingston Group Asset Management CO operating as Southport Capital Management boosted its holdings in shares of Facebook, Inc. (NASDAQ:FB) by 4.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,835 shares of the social networking company’s stock after purchasing an additional 74 shares during the period. Livingston Group Asset Management CO operating as Southport Capital Management’s holdings in Facebook were worth $501,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. SB Management Ltd bought a new stake in Facebook during the 3rd quarter valued at approximately $2,222,276,000. UBS Asset Management Americas Inc. boosted its position in Facebook by 15.0% during the 3rd quarter. UBS Asset Management Americas Inc. now owns 12,282,314 shares of the social networking company’s stock valued at $3,216,738,000 after acquiring an additional 1,598,856 shares in the last quarter. Morgan Stanley boosted its position in Facebook by 5.5% during the 3rd quarter. Morgan Stanley now owns 21,019,784 shares of the social networking company’s stock valued at $5,505,081,000 after acquiring an additional 1,098,694 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its position in Facebook by 11.6% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,775,009 shares of the social networking company’s stock valued at $2,560,074,000 after acquiring an additional 1,013,956 shares in the last quarter. Finally, Jennison Associates LLC boosted its position in Facebook by 6.4% during the 3rd quarter. Jennison Associates LLC now owns 15,755,901 shares of the social networking company’s stock valued at $4,126,470,000 after acquiring an additional 948,608 shares in the last quarter. Institutional investors own 59.62% of the company’s stock.

In related news, CAO Susan J.S. Taylor sold 1,134 shares of the company’s stock in a transaction that occurred on Wednesday, November 18th. The shares were sold at an average price of $273.90, for a total transaction of $310,602.60. Following the sale, the chief accounting officer now directly owns 5,217 shares of the company’s stock, valued at approximately $1,428,936.30. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Mark Zuckerberg sold 14,000 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The stock was sold at an average price of $286.84, for a total transaction of $4,015,760.00. The disclosure for this sale can be found here. Insiders sold a total of 1,197,194 shares of company stock worth $327,128,221 over the last quarter. 14.14% of the stock is currently owned by company insiders.

FB has been the topic of a number of analyst reports. Credit Suisse Group boosted their price target on Facebook from $322.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, October 30th. Monness Crespi & Hardt boosted their price target on Facebook from $290.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. UBS Group set a $330.00 price target on Facebook and gave the stock a “buy” rating in a research report on Friday, October 30th. Deutsche Bank Aktiengesellschaft boosted their price target on Facebook from $305.00 to $325.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Finally, Canaccord Genuity boosted their price target on Facebook from $315.00 to $330.00 and gave the stock a “buy” rating in a research report on Friday, October 30th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, thirty-nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. Facebook has a consensus rating of “Buy” and a consensus target price of $299.24.

FB opened at $251.64 on Thursday. Facebook, Inc. has a fifty-two week low of $137.10 and a fifty-two week high of $304.67. The company has a fifty day moving average of $273.31 and a two-hundred day moving average of $264.97. The stock has a market capitalization of $716.74 billion, a price-to-earnings ratio of 28.66, a PEG ratio of 1.55 and a beta of 1.19.

Facebook (NASDAQ:FB) last released its earnings results on Thursday, October 29th. The social networking company reported $2.71 EPS for the quarter, topping analysts’ consensus estimates of $1.94 by $0.77. The business had revenue of $21.47 billion during the quarter, compared to analysts’ expectations of $19.78 billion. Facebook had a net margin of 32.00% and a return on equity of 23.27%. The company’s quarterly revenue was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.12 earnings per share. On average, analysts predict that Facebook, Inc. will post 9.39 earnings per share for the current year.

Facebook Profile

Facebook, Inc develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices 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 private messages; Messenger, a messaging application for people to connect with friends, family, groups, and businesses across platforms and devices; and WhatsApp, a messaging application that is used by people and businesses to communicate in a private way.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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