Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new position in shares of Facebook, Inc. Common Stock (NASDAQ:FB) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,489 shares of the social networking company’s stock, valued at approximately $1,491,000. Facebook, Inc. Common Stock comprises approximately 1.5% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s portfolio, making the stock its 19th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in FB. BlackRock Inc. increased its holdings in Facebook, Inc. Common Stock by 2.0% in the first quarter. BlackRock Inc. now owns 149,137,226 shares of the social networking company’s stock valued at $23,830,637,000 after purchasing an additional 2,966,437 shares during the last quarter. Geode Capital Management LLC increased its holdings in Facebook, Inc. Common Stock by 4.1% in the fourth quarter. Geode Capital Management LLC now owns 25,433,759 shares of the social networking company’s stock valued at $4,478,724,000 after purchasing an additional 1,010,306 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Facebook, Inc. Common Stock by 3.1% in the fourth quarter. Alliancebernstein L.P. now owns 15,125,319 shares of the social networking company’s stock valued at $2,669,014,000 after purchasing an additional 458,048 shares during the last quarter. Loomis Sayles & Co. L P increased its holdings in Facebook, Inc. Common Stock by 0.5% in the first quarter. Loomis Sayles & Co. L P now owns 12,937,287 shares of the social networking company’s stock valued at $2,067,249,000 after purchasing an additional 58,561 shares during the last quarter. Finally, UBS Asset Management Americas Inc. increased its holdings in Facebook, Inc. Common Stock by 4.6% in the fourth quarter. UBS Asset Management Americas Inc. now owns 12,587,578 shares of the social networking company’s stock valued at $2,221,204,000 after purchasing an additional 558,184 shares during the last quarter. Institutional investors own 59.41% of the company’s stock.

FB opened at $174.65 on Friday. Facebook, Inc. Common Stock has a 52-week low of $149.02 and a 52-week high of $218.62. The stock has a market cap of $501.46 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.10 and a beta of 0.40.

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

A number of research firms have issued reports on FB. BidaskClub cut Facebook, Inc. Common Stock from a “buy” rating to a “hold” rating in a research note on Tuesday, July 3rd. Nomura began coverage on Facebook, Inc. Common Stock in a research note on Tuesday, July 10th. They issued a “buy” rating and a $228.00 target price for the company. Piper Jaffray Companies boosted their target price on Facebook, Inc. Common Stock to $250.00 and gave the company an “in-line” rating in a research note on Friday, July 20th. UBS Group cut Facebook, Inc. Common Stock from a “buy” rating to a “neutral” rating and decreased their target price for the company from $212.00 to $180.00 in a research note on Thursday, July 26th. Finally, Raymond James cut Facebook, Inc. Common Stock from a “strong-buy” rating to an “outperform” rating and set a $210.00 target price for the company. in a research note on Thursday, July 26th. Three analysts have rated the stock with a sell rating, six have given a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company’s stock. Facebook, Inc. Common Stock has an average rating of “Buy” and a consensus target price of $209.46.

In other Facebook, Inc. Common Stock news, VP Colin Stretch sold 750 shares of the company’s stock in a transaction that occurred on Wednesday, August 22nd. The stock was sold at an average price of $172.20, for a total value of $129,150.00. Following the sale, the vice president now owns 98,394 shares in the company, valued at $16,943,446.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Sheryl Sandberg sold 55,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 30th. The shares were sold at an average price of $187.21, for a total value of $10,296,550.00. The disclosure for this sale can be found here. Insiders have sold 12,281,927 shares of company stock worth $2,389,438,126 in the last quarter. 17.23% of the stock is currently owned by corporate insiders.

Facebook, Inc. Common Stock Profile

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.

Read More: Marijuana Stocks Future Looks Bright

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

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