Hamilton Lane Advisors buys $5,997,522 stake in Twitter Inc (TWTR)

Twitter Inc (TWTR) : Hamilton Lane Advisors scooped up 18,454 additional shares in Twitter Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 13, 2016. The investment management firm now holds a total of 341,156 shares of Twitter Inc which is valued at $5,997,522.Twitter Inc makes up approximately 2.83% of Hamilton Lane Advisors’s portfolio.

Twitter Inc closed down -0.27 points or -1.54% at $17.31 with 1,73,13,345 shares getting traded on Monday. Post opening the session at $17.71, the shares hit an intraday low of $17.06 and an intraday high of $17.72 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

Other Hedge Funds, Including , Kanaly Trust Co boosted its stake in TWTR in the latest quarter, The investment management firm added 16 additional shares and now holds a total of 43 shares of Twitter Inc which is valued at $756.Integral Derivatives reduced its stake in TWTR by selling 1,312 shares or 1.35% in the most recent quarter. The Hedge Fund company now holds 95,925 shares of TWTR which is valued at $1,686,362. Twitter Inc makes up approx 0.69% of Integral Derivatives’s portfolio.Dnb Asset Management As reduced its stake in TWTR by selling 50,020 shares or 55.02% in the most recent quarter. The Hedge Fund company now holds 40,900 shares of TWTR which is valued at $719,022. Twitter Inc makes up approx 0.01% of Dnb Asset Management As’s portfolio.Kistler-tiffany Companies boosted its stake in TWTR in the latest quarter, The investment management firm added 340 additional shares and now holds a total of 9,645 shares of Twitter Inc which is valued at $159,239. Twitter Inc makes up approx 0.09% of Kistler-tiffany Companies’s portfolio. Livingston Group Asset Management Co (operating As Southp… sold out all of its stake in TWTR during the most recent quarter. The investment firm sold 9,600 shares of TWTR which is valued $158,496.

On the company’s financial health, Twitter Inc reported $0.16 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Feb 10, 2016. Analyst had a consensus of $0.12. The company had revenue of $710.47 million for the quarter, compared to analysts expectations of $710.05 million. The company’s revenue was up 48.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.12 EPS.

Many Wall Street Analysts have commented on Twitter Inc. Shares were Reiterated by Morgan Stanley on Apr 7, 2016 to “Underweight” and Lowered the Price Target to $ 16 from a previous price target of $18 .Raymond James Upgraded Twitter Inc on Feb 23, 2016 to ” Outperform”, Price Target of the shares are set at $25.Shares were Reiterated by MKM Partners on Feb 16, 2016 to “Neutral” and Lowered the Price Target to $ 18 from a previous price target of $29 .

Twitter Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users advertisers developers and platform and data partners. Products and services for users enables a way for people to create distribute and discover content which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products which enable its advertisers to promote their brands products and services and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.

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