Schwab Charitable Fund lowered its holdings in shares of Facebook, Inc. (NASDAQ:FB) by 25.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,897 shares of the social networking company’s stock after selling 660 shares during the quarter. Schwab Charitable Fund’s holdings in Facebook were worth $389,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Cavalier Investments LLC raised its position in Facebook by 99.9% in the third quarter. Cavalier Investments LLC now owns 1,925 shares of the social networking company’s stock worth $343,000 after acquiring an additional 962 shares in the last quarter. Martin Investment Management LLC raised its position in Facebook by 5.2% in the third quarter. Martin Investment Management LLC now owns 66,928 shares of the social networking company’s stock worth $11,919,000 after acquiring an additional 3,294 shares in the last quarter. Green Square Asset Management LLC raised its position in Facebook by 288.0% in the second quarter. Green Square Asset Management LLC now owns 14,187 shares of the social networking company’s stock worth $2,738,000 after acquiring an additional 10,531 shares in the last quarter. First Financial Bank Trust Division bought a new stake in Facebook in the fourth quarter worth about $245,000. Finally, Winthrop Advisory Group LLC raised its position in Facebook by 1.9% in the fourth quarter. Winthrop Advisory Group LLC now owns 3,444 shares of the social networking company’s stock worth $707,000 after acquiring an additional 64 shares in the last quarter. 63.77% of the stock is currently owned by institutional investors.

In other news, VP Jennifer Newstead sold 260 shares of the company’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $212.85, for a total transaction of $55,341.00. Following the completion of the transaction, the vice president now directly owns 1,306 shares in the company, valued at $277,982.10. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Susan J.S. Taylor sold 1,133 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $198.58, for a total value of $224,991.14. Following the transaction, the chief accounting officer now owns 1,505 shares of the company’s stock, valued at $298,862.90. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,228,140 shares of company stock valued at $233,184,417. Corporate insiders own 14.53% of the company’s stock.

Several equities research analysts have commented on the stock. BMO Capital Markets dropped their price target on shares of Facebook from $197.00 to $185.00 and set a “market perform” rating on the stock in a research report on Thursday, October 31st. Jefferies Financial Group reiterated a “buy” rating and issued a $250.00 price target on shares of Facebook in a research report on Thursday, October 31st. Barclays lowered their target price on Facebook from $240.00 to $220.00 and set an “overweight” rating on the stock in a research note on Thursday, October 31st. Citigroup reaffirmed a “buy” rating and set a $240.00 target price on shares of Facebook in a research note on Tuesday, December 3rd. Finally, Rosenblatt Securities set a $242.00 target price on Facebook and gave the company a “buy” rating in a research note on Tuesday, October 15th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, forty-six have assigned a buy rating and one has assigned a strong buy rating to the company. Facebook presently has an average rating of “Buy” and a consensus price target of $238.04.

FB traded up $2.09 on Wednesday, hitting $221.15. The company had a trading volume of 9,986,359 shares, compared to its average volume of 13,153,105. The company’s fifty day moving average price is $205.30 and its 200 day moving average price is $193.54. Facebook, Inc. has a 1-year low of $142.52 and a 1-year high of $222.38. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.66 and a quick ratio of 4.66. The stock has a market cap of $630.66 billion, a price-to-earnings ratio of 29.21, a price-to-earnings-growth ratio of 1.16 and a beta of 1.05.

Facebook (NASDAQ:FB) last posted its earnings results on Wednesday, October 30th. The social networking company reported $2.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.91 by $0.21. Facebook had a return on equity of 20.39% and a net margin of 27.08%. The firm had revenue of $17.65 billion during the quarter, compared to analyst estimates of $17.35 billion. During the same period in the previous year, the company earned $1.76 EPS. The company’s revenue for the quarter was up 28.6% on a year-over-year basis. On average, sell-side analysts forecast that Facebook, Inc. will post 8.48 EPS for the current year.

About Facebook

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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