First National Bank of Omaha Lowers Holdings in Facebook, Inc. (FB)

First National Bank of Omaha decreased its stake in Facebook, Inc. (NASDAQ:FB) by 3.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,278 shares of the social networking company’s stock after selling 3,035 shares during the period. Facebook accounts for approximately 0.7% of First National Bank of Omaha’s holdings, making the stock its 27th largest position. First National Bank of Omaha’s holdings in Facebook were worth $10,655,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC grew its holdings in Facebook by 1.7% during the third quarter. FMR LLC now owns 124,255,610 shares of the social networking company’s stock worth $20,435,077,000 after purchasing an additional 2,132,804 shares during the period. Morgan Stanley grew its holdings in Facebook by 3.2% during the third quarter. Morgan Stanley now owns 25,517,710 shares of the social networking company’s stock worth $4,196,642,000 after purchasing an additional 799,081 shares during the period. Jennison Associates LLC grew its holdings in Facebook by 1.6% during the third quarter. Jennison Associates LLC now owns 15,389,527 shares of the social networking company’s stock worth $2,530,962,000 after purchasing an additional 242,474 shares during the period. Magellan Asset Management Ltd grew its holdings in Facebook by 13.8% during the third quarter. Magellan Asset Management Ltd now owns 15,168,591 shares of the social networking company’s stock worth $2,494,626,000 after purchasing an additional 1,835,941 shares during the period. Finally, Legal & General Group Plc grew its holdings in Facebook by 2.1% during the third quarter. Legal & General Group Plc now owns 10,176,516 shares of the social networking company’s stock worth $1,673,662,000 after purchasing an additional 205,746 shares during the period. Institutional investors own 60.22% of the company’s stock.

Several equities research analysts have issued reports on FB shares. Morgan Stanley raised their price objective on shares of Facebook from $190.00 to $195.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 9th. BidaskClub upgraded shares of Facebook from a “hold” rating to a “buy” rating in a research report on Friday, April 5th. Zacks Investment Research downgraded shares of Facebook from a “hold” rating to a “sell” rating in a research report on Monday, April 8th. Guggenheim upgraded shares of Facebook from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $175.00 to $200.00 in a research report on Thursday, April 4th. Finally, Stifel Nicolaus restated a “hold” rating and set a $155.00 price objective on shares of Facebook in a research report on Thursday, March 14th. Five analysts have rated the stock with a sell rating, six have given a hold rating and thirty-nine have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $192.11.

In other Facebook news, CAO Susan J.S. Taylor sold 1,442 shares of the business’s stock in a transaction on Wednesday, February 20th. The shares were sold at an average price of $162.02, for a total transaction of $233,632.84. Following the sale, the chief accounting officer now owns 1,569 shares of the company’s stock, valued at $254,209.38. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Sheryl Sandberg sold 55,000 shares of the business’s stock in a transaction on Wednesday, January 23rd. The stock was sold at an average price of $144.93, for a total transaction of $7,971,150.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,430,685 shares of company stock valued at $248,586,373. Company insiders own 16.25% of the company’s stock.

Shares of FB opened at $178.87 on Wednesday. Facebook, Inc. has a one year low of $123.02 and a one year high of $218.62. The company has a market cap of $521.88 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 1.31 and a beta of 0.88.

Facebook (NASDAQ:FB) last announced its quarterly earnings data on Wednesday, January 30th. The social networking company reported $2.38 EPS for the quarter, beating the consensus estimate of $2.18 by $0.20. Facebook had a net margin of 39.60% and a return on equity of 27.51%. The business had revenue of $16.91 billion during the quarter, compared to the consensus estimate of $16.40 billion. During the same period in the previous year, the business earned $1.44 earnings per share. The company’s revenue was up 30.4% on a year-over-year basis. Equities research analysts anticipate that Facebook, Inc. will post 7.54 EPS for the current year.

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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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