Farmers & Merchants Investments Inc. grew its stake in shares of Facebook, Inc. (NASDAQ:FB) by 72.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,092 shares of the social networking company’s stock after acquiring an additional 877 shares during the period. Farmers & Merchants Investments Inc.’s holdings in Facebook were worth $274,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Berkshire Asset Management LLC PA boosted its holdings in shares of Facebook by 14.2% in the 4th quarter. Berkshire Asset Management LLC PA now owns 3,136 shares of the social networking company’s stock valued at $411,000 after buying an additional 389 shares during the period. Mount Vernon Associates Inc. MD boosted its holdings in shares of Facebook by 2.1% in the 4th quarter. Mount Vernon Associates Inc. MD now owns 12,499 shares of the social networking company’s stock valued at $1,638,000 after buying an additional 255 shares during the period. New Jersey Better Educational Savings Trust boosted its holdings in shares of Facebook by 23.1% in the 4th quarter. New Jersey Better Educational Savings Trust now owns 16,000 shares of the social networking company’s stock valued at $2,097,000 after buying an additional 3,000 shares during the period. Osborn Williams & Donohoe LLC boosted its holdings in shares of Facebook by 21.3% in the 4th quarter. Osborn Williams & Donohoe LLC now owns 9,747 shares of the social networking company’s stock valued at $1,278,000 after buying an additional 1,710 shares during the period. Finally, NJ State Employees Deferred Compensation Plan boosted its holdings in shares of Facebook by 17.6% in the 4th quarter. NJ State Employees Deferred Compensation Plan now owns 40,000 shares of the social networking company’s stock valued at $5,244,000 after buying an additional 6,000 shares during the period. 60.22% of the stock is owned by institutional investors.

Facebook stock opened at $178.28 on Monday. The company has a market capitalization of $517.90 billion, a PE ratio of 23.55, a PEG ratio of 1.30 and a beta of 0.88. Facebook, Inc. has a fifty-two week low of $123.02 and a fifty-two week high of $218.62.

Facebook (NASDAQ:FB) last released its earnings results on Wednesday, January 30th. The social networking company reported $2.38 earnings per share for the quarter, topping the consensus estimate of $2.18 by $0.20. The business had revenue of $16.91 billion for the quarter, compared to the consensus estimate of $16.40 billion. Facebook had a net margin of 39.60% and a return on equity of 27.51%. The firm’s quarterly revenue was up 30.4% compared to the same quarter last year. During the same period last year, the firm posted $1.44 earnings per share. As a group, research analysts predict that Facebook, Inc. will post 7.54 EPS for the current year.

Several analysts recently weighed in on FB shares. BidaskClub upgraded shares of Facebook from a “hold” rating to a “buy” rating in a research report on Saturday, January 5th. Zacks Investment Research upgraded shares of Facebook from a “hold” rating to a “buy” rating and set a $149.00 price objective on the stock in a research report on Wednesday, January 2nd. Wedbush set a $220.00 price objective on shares of Facebook and gave the company a “buy” rating in a research report on Wednesday, January 2nd. Royal Bank of Canada reiterated a “buy” rating and issued a $190.00 price objective on shares of Facebook in a research report on Friday, January 25th. Finally, JPMorgan Chase & Co. set a $195.00 price objective on shares of Facebook and gave the company a “buy” rating in a research report on Friday, January 25th. Five analysts have rated the stock with a sell rating, six have issued a hold rating and thirty-nine have given a buy rating to the company’s stock. Facebook currently has an average rating of “Buy” and an average target price of $192.11.

In other Facebook news, CAO Susan J.S. Taylor sold 1,442 shares of Facebook stock in a transaction that occurred on Wednesday, February 20th. The shares were sold at an average price of $162.02, for a total value of $233,632.84. Following the completion of the sale, the chief accounting officer now directly owns 1,569 shares in the company, valued at $254,209.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Colin Stretch sold 750 shares of Facebook stock in a transaction that occurred on Wednesday, April 17th. The shares were sold at an average price of $179.60, for a total transaction of $134,700.00. Following the completion of the sale, the vice president now owns 100,872 shares of the company’s stock, valued at $18,116,611.20. The disclosure for this sale can be found here. Insiders have sold 1,594,435 shares of company stock worth $277,936,313 over the last ninety days. 14.53% of the stock is currently owned by insiders.

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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.

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Institutional Ownership by Quarter for Facebook (NASDAQ:FB)

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