Charter Research & Investment Group Inc. boosted its stake in Facebook, Inc. (NASDAQ:FB) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,596 shares of the social networking companys stock after acquiring an additional 225 shares during the period. Facebook accounts for about 2.0% of Charter Research & Investment Group Inc.s holdings, making the stock its 16th biggest position. Charter Research & Investment Group Inc.s holdings in Facebook were worth $1,970,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. California Public Employees Retirement System raised its position in shares of Facebook by 32.6% in the third quarter. California Public Employees Retirement System now owns 5,218,412 shares of the social networking companys stock valued at $929,295,000 after purchasing an additional 1,284,127 shares during the period. Johanson Financial Advisors Inc. raised its position in shares of Facebook by 21,147.8% in the fourth quarter. Johanson Financial Advisors Inc. now owns 1,219,198 shares of the social networking companys stock valued at $5,940,000 after purchasing an additional 1,213,460 shares during the period. DNB Asset Management AS raised its position in shares of Facebook by 55.4% in the fourth quarter. DNB Asset Management AS now owns 3,163,030 shares of the social networking companys stock valued at $649,212,000 after purchasing an additional 1,127,759 shares during the period. Assenagon Asset Management S.A. raised its position in shares of Facebook by 52.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 3,106,221 shares of the social networking companys stock valued at $637,552,000 after purchasing an additional 1,072,494 shares during the period. Finally, State Street Corp raised its position in shares of Facebook by 0.7% in the third quarter. State Street Corp now owns 93,435,833 shares of the social networking companys stock valued at $16,639,053,000 after purchasing an additional 627,442 shares during the period. 63.86% of the stock is currently owned by institutional investors and hedge funds.

In other news, VP Jennifer Newstead sold 260 shares of the companys stock in a transaction on Tuesday, January 28th. The shares were sold at an average price of $216.14, for a total value of $56,196.40. Following the completion of the sale, the vice president now owns 526 shares of the companys stock, valued at approximately $113,689.64. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CRO David B. Fischer sold 11,638 shares of the companys stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $202.00, for a total transaction of $2,350,876.00. The disclosure for this sale can be found here. In the last three months, insiders sold 407,258 shares of company stock valued at $78,808,199. Corporate insiders own 14.53% of the companys stock.

FB stock opened at $201.91 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 4.66 and a quick ratio of 4.66. Facebook, Inc. has a one year low of $145.70 and a one year high of $224.20. The stock has a market cap of $575.80 billion, a PE ratio of 31.35, a P/E/G ratio of 1.34 and a beta of 1.05. The firm has a 50 day simple moving average of $211.43 and a two-hundred day simple moving average of $195.42.

Facebook (NASDAQ:FB) last released its quarterly earnings results on Wednesday, January 29th. The social networking company reported $2.56 EPS for the quarter, topping the Zacks consensus estimate of $2.53 by $0.03. Facebook had a net margin of 26.15% and a return on equity of 20.59%. The business had revenue of $21.08 billion during the quarter, compared to analysts expectations of $20.90 billion. During the same quarter in the previous year, the company earned $2.38 EPS. The businesss quarterly revenue was up 24.6% compared to the same quarter last year. On average, research analysts expect that Facebook, Inc. will post 9.3 EPS for the current fiscal year.

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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Charter Research & Investment Group Inc. Buys 225 Shares of Facebook, Inc. (NASDAQ:FB) - Slater Sentinel