Mn Services Vermogensbeheer B.V. Increases Stock Holdings in Twilio Inc. (NYSE:TWLO)

Mn Services Vermogensbeheer B.V. lifted its position in Twilio Inc. (NYSE:TWLO) by 2.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 69,300 shares of the technology company’s stock after purchasing an additional 1,500 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in Twilio were worth $7,490,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the company. FMR LLC grew its holdings in shares of Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after purchasing an additional 77,436 shares during the period. Pacer Advisors Inc. boosted its stake in Twilio by 18.3% during the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock worth $187,026,000 after buying an additional 444,295 shares during the period. Geode Capital Management LLC boosted its stake in Twilio by 1.3% during the third quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock worth $177,622,000 after buying an additional 33,824 shares during the period. Bank of New York Mellon Corp boosted its stake in Twilio by 11.0% during the fourth quarter. Bank of New York Mellon Corp now owns 1,009,028 shares of the technology company’s stock worth $109,056,000 after buying an additional 99,786 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its stake in Twilio by 258.4% during the third quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock worth $57,044,000 after buying an additional 630,627 shares during the period. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Stock Up 2.3 %

Shares of NYSE:TWLO opened at $119.91 on Friday. The firm’s 50 day moving average price is $123.07 and its 200 day moving average price is $94.36. The stock has a market cap of $18.39 billion, a price-to-earnings ratio of -187.36, a price-to-earnings-growth ratio of 4.30 and a beta of 1.43. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. As a group, equities research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TWLO has been the subject of several research analyst reports. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and increased their target price for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Jefferies Financial Group increased their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Royal Bank of Canada reaffirmed an “underperform” rating and set a $50.00 target price on shares of Twilio in a research note on Tuesday, January 21st. Scotiabank increased their target price on shares of Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th. Finally, StockNews.com cut shares of Twilio from a “buy” rating to a “hold” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $134.26.

Insiders Place Their Bets

In other news, insider Dana Wagner sold 4,629 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares in the company, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 25,906 shares of company stock valued at $2,950,514. 4.50% of the stock is owned by corporate insiders.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.