Raised Corlen Frost Bankers Inc. its position in shares of Twitter Inc. (NYSE: TWTR) about 44.5% during the second quarter, Channel Holdings reports. The institutional investor held 1,445 shares of the social networking company stock following the purchase of 445 additional shares during the period. $ 50,000 is owned by Cullen Frost Bankers Inc.. in Twitter at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have recently increased or reduced their stakes in the stock. Joseph P. Lucia & Associates LLC bought a new bet in Twitter in the 2nd quarter worth $ 43,000. Berman Capital Consultants LLC increased its holdings of Twitter shares by 100.6% in the first quarter. There are 1,354 shares of the social networking company which is worth $ 44,000 after 679 extra shares have been purchased during the last quarter by Berman Capital Advisors LLC. Global Property Management Inc.'s Advisory Investment increased its holdings of Twitter shares by 48.5% in the first quarter. Global Wealth Management 1,359 shares of the social networking company stock are worth $ 45,000 to purchase after 444 additional shares purchased in the last quarter. SevenBridge Financial Group LLC increased its shareholding in Twitter by 1,273.0% in the second quarter. SevenBridge Financial Group LLC's stock now has 1,373 shares on the social networking company stock worth $ 48,000 after buying 1,273 additional shares during the final quarter. Lastly, Westside Investment Management Inc. purchased. new part in Twitter shares in 2nd quarter value under $ 49,000. Institutional investors have 68.77% of the company's stock.
There have been a number of post-weight analysts on TWTR shares recently. Barclays set a target price of € 34.00 on Twitter shares and gave a stock "sales" rating in a report on Friday, 26 July. Mizuho set a target price of € 35.00 on Twitter shares and gave a stock "sales" rating in a report on Friday, 26 July. Pivotal Research began covering Twitter shares in a report on Wednesday, 29 May. They issued a “buy” rating and a target price of $ 48.00 on the stock. The Goldman Sachs Group set a target price of € 52.00 on Twitter shares and gave the stock a “buy” rating in a report on Friday, 26 July. Finally, Aegis put its target price on Twitter shares from $ 41.00 to $ 48.00 and gave a "buy" rating for the stock in a report on Tuesday, 23 April. Four equity research analyzes have sold a rating to the stock, seventeen have given a retention rating and fifteen have given the company's stock a purchase rating. The company currently has an average “Hold” rate and has an average target price of $ 40.91.
NYSE Shares: TWTR opened at $ 41.70 Tuesday. The company has a market capitalization of $ 30.99 billion, a price-to-earnings ratio of 75.82, a PEG ratio of 0.83 and a beta of 0.62. Twitter Inc has a low cost of 12 months of $ 26.19 and a 12-month high level of $ 43.48. The firm's average 50-day movement is $ 39.32 and its average number of days moving is $ 35.80. The company has a current ratio of 4.33, a rapid ratio of 4.33 and a debt-to-equity ratio of 0.29.
Twitter (NYSE: TWTR) issued its quarterly results earning Friday, July 26th. The social networking company reported $ 0.12 EPS for the quarter, and $ 0.03 $ $ 0.09 in the consensus estimate. The company had an income of $ 841.40 million for the quarter, compared to the collective estimate of $ 828.07 million. Twitter had a net net value of 71.46% and an equity return of 7.93%. The firm's income was up 18.4% compared to the same quarter last year. During the same period in the previous year, the company posted $ 0.17 EPS. As a group, equity analysts predict that Twitter Inc 2.06 will post EPS for the current fiscal year.
In other Twitter news, Vijaya Gadde inside sold 4,166 shares of the business stock in a transaction dated Monday, June 24. The shares were sold at an average price of $ 35.11, with a total value of $ 146,268.26. The transaction was legally filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matthew Derella sold 10,793 shares of the business stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $ 35.31, for a total transaction of $ 381,100.83. The disclosure for this sale can be found here. In excess of 146,032 shares of the company's insider stock were sold within the last quarter of $ 5,697,904. 2.65% of the stock is owned by insiders.
Company Profile Twitter
Twitter, Inc. acts as a platform for self-expression and public conversation in real-time. The company offers a variety of products and services, including Twitter, a platform that allows users to eat, create, distribute, and find content; and Periscope, a mobile application that enables the user to broadcast and watch live video with others.
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