Schroder Investment Management Group lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 20.0% during the 4th quarter, Holdings Channel reports. The firm owned 273,272 shares of the Internet television network’s stock after buying an additional 45,543 shares during the period. Schroder Investment Management Group’s holdings in Netflix were worth $52,457,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank of New York Mellon Corp increased its stake in shares of Netflix by 4.4% during the 4th quarter. Bank of New York Mellon Corp now owns 3,798,067 shares of the Internet television network’s stock worth $729,077,000 after purchasing an additional 159,750 shares during the last quarter. Advanced Asset Management Advisors Inc acquired a new position in shares of Netflix during the 4th quarter worth $211,000. Rhumbline Advisers increased its stake in shares of Netflix by 2.6% during the 4th quarter. Rhumbline Advisers now owns 710,284 shares of the Internet television network’s stock worth $136,346,000 after purchasing an additional 17,853 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Netflix by 6.2% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 102,087 shares of the Internet television network’s stock worth $19,597,000 after purchasing an additional 5,925 shares during the last quarter. Finally, Shell Asset Management Co. increased its stake in shares of Netflix by 207.6% during the 4th quarter. Shell Asset Management Co. now owns 27,549 shares of the Internet television network’s stock worth $5,288,000 after purchasing an additional 18,594 shares during the last quarter. Institutional investors own 82.23% of the company’s stock.
Several research analysts have recently commented on NFLX shares. Loop Capital restated a “buy” rating and set a $237.00 price target on shares of Netflix in a research note on Thursday, October 26th. B. Riley restated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. Zacks Investment Research downgraded shares of Netflix from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Goldman Sachs Group set a $250.00 price objective on shares of Netflix and gave the stock a “buy” rating in a report on Tuesday, November 28th. Finally, Vetr raised shares of Netflix from a “buy” rating to a “strong-buy” rating and set a $211.28 price objective for the company in a report on Wednesday, November 29th. Three analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, thirty-four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $239.39.
Shares of Netflix, Inc. (NASDAQ:NFLX) opened at $278.52 on Tuesday. The firm has a market cap of $120,863.31, a price-to-earnings ratio of 222.82, a price-to-earnings-growth ratio of 3.82 and a beta of 1.04. Netflix, Inc. has a 1-year low of $138.26 and a 1-year high of $286.81. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.81.
Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Monday, January 22nd. The Internet television network reported $0.41 EPS for the quarter, hitting analysts’ consensus estimates of $0.41. The company had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The firm’s revenue for the quarter was up 32.6% compared to the same quarter last year. During the same period last year, the firm earned $0.15 EPS. equities research analysts predict that Netflix, Inc. will post 2.73 earnings per share for the current year.
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Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.
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