National Pension Service lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 1.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 371,882 shares of the Internet television network’s stock after purchasing an additional 5,457 shares during the period. National Pension Service’s holdings in Netflix were worth $71,386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NFLX. FMR LLC raised its holdings in shares of Netflix by 12.4% in the second quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock worth $3,531,042,000 after buying an additional 2,605,731 shares during the period. Janus Henderson Group PLC raised its holdings in shares of Netflix by 3,478.1% in the second quarter. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network’s stock worth $305,014,000 after buying an additional 1,984,404 shares during the period. Vanguard Group Inc. raised its holdings in shares of Netflix by 2.9% in the second quarter. Vanguard Group Inc. now owns 27,950,272 shares of the Internet television network’s stock worth $4,176,049,000 after buying an additional 789,190 shares during the period. Winslow Capital Management LLC grew its stake in Netflix by 495,050.8% in the second quarter. Winslow Capital Management LLC now owns 623,890 shares of the Internet television network’s stock worth $93,216,000 after purchasing an additional 623,764 shares in the last quarter. Finally, Truepoint Inc. grew its stake in Netflix by 18,035.0% in the third quarter. Truepoint Inc. now owns 402,416 shares of the Internet television network’s stock worth $402,000 after purchasing an additional 400,197 shares in the last quarter. Hedge funds and other institutional investors own 83.27% of the company’s stock.

NFLX has been the topic of several research analyst reports. Vetr raised Netflix from a “strong sell” rating to a “sell” rating and set a $177.49 price objective on the stock in a research note on Tuesday, September 19th. Hanson reissued a “neutral” rating and issued a $140.00 price objective on shares of Netflix in a research note on Wednesday, September 20th. Royal Bank of Canada reissued an “outperform” rating and issued a $210.00 price objective on shares of Netflix in a research note on Wednesday, September 20th. Buckingham Research initiated coverage on Netflix in a research note on Thursday, September 21st. They issued a “buy” rating and a $214.00 price objective on the stock. Finally, Wells Fargo & Co initiated coverage on Netflix in a research note on Tuesday, September 26th. They issued an “outperform” rating and a $230.00 price objective on the stock. One analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and thirty-six have given a buy rating to the company. Netflix has a consensus rating of “Buy” and an average price target of $212.11.

In other news, Director Richard N. Barton sold 700 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $197.38, for a total transaction of $138,166.00. Following the transaction, the director now directly owns 7,362 shares in the company, valued at approximately $1,453,111.56. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Richard N. Barton sold 350 shares of the business’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $185.71, for a total value of $64,998.50. Following the transaction, the director now owns 7,171 shares in the company, valued at $1,331,726.41. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 340,579 shares of company stock worth $66,238,533. Insiders own 4.90% of the company’s stock.

Shares of Netflix, Inc. (NASDAQ:NFLX) opened at $221.53 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. Netflix, Inc. has a twelve month low of $131.06 and a twelve month high of $226.07. The stock has a market capitalization of $95,860.00, a PE ratio of 223.77, a P/E/G ratio of 3.59 and a beta of 1.34.

Netflix (NASDAQ:NFLX) last issued its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.03). The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The company’s revenue for the quarter was up 30.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.12 earnings per share. equities research analysts anticipate that Netflix, Inc. will post 1.25 earnings per share for the current year.

TRADEMARK VIOLATION WARNING: “National Pension Service Buys 5,457 Shares of Netflix, Inc. (NFLX)” was originally published by Watch List News and is owned by of Watch List News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.watchlistnews.com/national-pension-service-buys-5457-shares-of-netflix-inc-nflx/1810481.html.

About Netflix

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

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

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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