California Public Employees Retirement System grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 842,438 shares of the Internet television network’s stock after acquiring an additional 19,838 shares during the quarter. California Public Employees Retirement System owned 0.19% of Netflix worth $152,776,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NFLX. FMR LLC increased its stake 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 valued at $3,531,042,000 after buying an additional 2,605,731 shares during the period. Janus Henderson Group PLC increased its stake 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 valued at $305,014,000 after buying an additional 1,984,404 shares during the period. Jennison Associates LLC increased its stake in shares of Netflix by 14.0% in the second quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after buying an additional 1,814,056 shares during the period. Los Angeles Capital Management & Equity Research Inc. increased its stake in shares of Netflix by 22,622.2% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 814,592 shares of the Internet television network’s stock valued at $121,708,000 after buying an additional 811,007 shares during the period. Finally, Vanguard Group Inc. increased its stake 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 valued at $4,176,049,000 after buying an additional 789,190 shares during the period. 83.37% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Richard N. Barton sold 2,000 shares of the stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $184.30, for a total value of $368,600.00. Following the transaction, the director now directly owns 8,012 shares in the company, valued at approximately $1,476,611.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Richard N. Barton sold 350 shares of the stock in a transaction 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 completion of 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. Insiders have sold a total of 324,285 shares of company stock worth $62,630,811 over the last 90 days. Company insiders own 4.90% of the company’s stock.

Netflix, Inc. (NFLX) opened at $188.54 on Monday. The stock has a market capitalization of $81,587.12, a P/E ratio of 190.44, a price-to-earnings-growth ratio of 5.60 and a beta of 1.33. Netflix, Inc. has a twelve month low of $121.73 and a twelve month high of $204.38. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. Netflix’s quarterly revenue was up 30.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.12 earnings per share. sell-side analysts anticipate that Netflix, Inc. will post 1.26 earnings per share for the current fiscal year.

Several research firms have recently issued reports on NFLX. Stifel Nicolaus upped their price objective on Netflix from $200.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, October 12th. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a $225.00 price objective (up previously from $210.00) on shares of Netflix in a research note on Friday, October 13th. Vetr raised Netflix from a “hold” rating to a “buy” rating and set a $210.19 price objective for the company in a research note on Thursday, October 19th. BidaskClub downgraded Netflix from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. Finally, CIBC reaffirmed an “outperform” rating and issued a $215.00 price objective (up previously from $200.00) on shares of Netflix in a research note on Friday, October 6th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating, thirty-two have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $209.65.

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Netflix Profile

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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