B. Metzler seel. Sohn & Co. Holding AG Makes New Investment in Twitter, Inc. (NYSE:TWTR)

B. Metzler seel. Sohn & Co. Holding AG bought a new position in Twitter, Inc. (NYSE:TWTR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 33,480 shares of the social networking company’s stock, valued at approximately $1,819,000.

A number of other hedge funds also recently added to or reduced their stakes in TWTR. Arlington Partners LLC acquired a new position in shares of Twitter during the 4th quarter worth $25,000. Cypress Point Wealth Management LLC acquired a new position in Twitter in the 4th quarter valued at $25,000. Accel Wealth Management acquired a new position in Twitter in the 4th quarter valued at $27,000. Crescent Capital Consulting LLC acquired a new position in Twitter in the 4th quarter valued at $28,000. Finally, GoalVest Advisory LLC acquired a new position in Twitter in the 4th quarter valued at $34,000. Institutional investors own 73.17% of the company’s stock.

In other Twitter news, CFO Ned D. Segal sold 7,000 shares of the company’s stock in a transaction on Tuesday, January 12th. The shares were sold at an average price of $48.55, for a total transaction of $339,850.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Robert Kaiden sold 6,365 shares of the company’s stock in a transaction on Monday, February 1st. The shares were sold at an average price of $51.53, for a total transaction of $327,988.45. The disclosure for this sale can be found here. Insiders have sold 80,695 shares of company stock worth $4,673,387 over the last ninety days. Insiders own 2.64% of the company’s stock.

Several research firms have issued reports on TWTR. Zacks Investment Research upgraded shares of Twitter from a “sell” rating to a “hold” rating and set a $67.00 price target on the stock in a research report on Tuesday, March 9th. Evercore ISI assumed coverage on shares of Twitter in a report on Tuesday. They set an “in-line” rating and a $75.00 price objective for the company. Susquehanna raised their price objective on shares of Twitter from $58.00 to $70.00 and gave the stock a “positive” rating in a report on Wednesday, February 10th. Robert W. Baird lifted their price target on shares of Twitter from $65.00 to $75.00 in a report on Monday, February 22nd. Finally, Bank of America lifted their price target on shares of Twitter from $58.00 to $78.00 and gave the company a “buy” rating in a report on Wednesday, February 10th. One analyst has rated the stock with a sell rating, twenty-two have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $65.16.

Shares of TWTR stock opened at $68.99 on Thursday. The company’s fifty day simple moving average is $68.05 and its 200-day simple moving average is $53.89. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 0.33. The firm has a market cap of $55.06 billion, a PE ratio of -49.99, a P/E/G ratio of 2.69 and a beta of 0.86. Twitter, Inc. has a 12 month low of $25.06 and a 12 month high of $80.75.

Twitter (NYSE:TWTR) last announced its quarterly earnings data on Tuesday, February 9th. The social networking company reported $0.38 EPS for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.07. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.19 billion. Twitter had a negative net margin of 31.70% and a negative return on equity of 12.42%. The firm’s revenue for the quarter was up 28.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.25 earnings per share. On average, equities analysts predict that Twitter, Inc. will post -1.16 earnings per share for the current fiscal year.

Twitter Company Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time United States, Japan, and internationally. The company offers Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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