Private Capital Advisors Inc. cut its stake in shares of Facebook, Inc. Common Stock (NASDAQ:FB) by 28.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 51,418 shares of the social networking company’s stock after selling 20,285 shares during the period. Facebook, Inc. Common Stock makes up 3.1% of Private Capital Advisors Inc.’s portfolio, making the stock its 4th largest holding. Private Capital Advisors Inc.’s holdings in Facebook, Inc. Common Stock were worth $9,992,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Marble Arch Investments LP lifted its holdings in Facebook, Inc. Common Stock by 40.8% in the first quarter. Marble Arch Investments LP now owns 451,900 shares of the social networking company’s stock valued at $72,209,000 after acquiring an additional 130,900 shares during the period. Knott David M acquired a new stake in Facebook, Inc. Common Stock in the first quarter valued at $3,196,000. Natixis lifted its holdings in Facebook, Inc. Common Stock by 420.1% in the first quarter. Natixis now owns 789,988 shares of the social networking company’s stock valued at $126,232,000 after acquiring an additional 638,106 shares during the period. Immersion Capital LLP acquired a new stake in Facebook, Inc. Common Stock in the first quarter valued at $65,194,000. Finally, Rudman Errol M acquired a new stake in Facebook, Inc. Common Stock in the first quarter valued at $2,397,000. 60.42% of the stock is owned by hedge funds and other institutional investors.

Facebook, Inc. Common Stock stock opened at $162.32 on Friday. The stock has a market cap of $470.61 billion, a P/E ratio of 22.44, a P/E/G ratio of 1.04 and a beta of 0.49. Facebook, Inc. Common Stock has a 52 week low of $149.02 and a 52 week high of $218.62.

Facebook, Inc. Common Stock (NASDAQ:FB) last posted its quarterly earnings data on Wednesday, July 25th. The social networking company reported $1.74 EPS for the quarter, missing analysts’ consensus estimates of $1.75 by ($0.01). The company had revenue of $13.23 billion for the quarter, compared to analysts’ expectations of $13.35 billion. Facebook, Inc. Common Stock had a return on equity of 28.16% and a net margin of 39.31%. The company’s revenue for the quarter was up 41.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.32 EPS. analysts expect that Facebook, Inc. Common Stock will post 7.08 earnings per share for the current year.

A number of equities research analysts have commented on FB shares. JPMorgan Chase & Co. reissued a “$210.91” rating and issued a $242.00 target price on shares of Facebook, Inc. Common Stock in a report on Monday, July 23rd. Barclays restated a “buy” rating and issued a $190.00 price target on shares of Facebook, Inc. Common Stock in a research report on Wednesday, June 27th. Macquarie restated a “buy” rating and issued a $200.00 price target on shares of Facebook, Inc. Common Stock in a research report on Wednesday, June 27th. Zacks Investment Research upgraded Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating and set a $226.00 price target for the company in a research report on Tuesday, June 26th. Finally, BidaskClub upgraded Facebook, Inc. Common Stock from a “hold” rating to a “buy” rating in a research report on Saturday, June 23rd. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $206.89.

In other Facebook, Inc. Common Stock news, VP Colin Stretch sold 750 shares of Facebook, Inc. Common Stock stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $163.25, for a total value of $122,437.50. Following the completion of the sale, the vice president now owns 96,144 shares in the company, valued at approximately $15,695,508. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Sheryl Sandberg sold 55,000 shares of Facebook, Inc. Common Stock stock in a transaction dated Thursday, June 28th. The shares were sold at an average price of $195.53, for a total value of $10,754,150.00. The disclosure for this sale can be found here. Insiders sold a total of 9,876,913 shares of company stock valued at $1,906,192,582 in the last 90 days. 17.23% of the stock is owned by company insiders.

About Facebook, Inc. Common Stock

Facebook, Inc provides various products to connect and share through mobile devices, personal computers, and other surfaces worldwide. Its products include Facebook Website and mobile application that enables people to connect, share, discover, and communicate with each other on mobile devices and personal computers; Instagram, a community for sharing visual stories through photos, videos, and direct messages; Messenger, a messaging application to communicate with other people, groups, and businesses across various platforms and devices; and WhatsApp, a mobile messaging application.

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Institutional Ownership by Quarter for Facebook, Inc. Common Stock (NASDAQ:FB)

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