Teachers Advisors LLC raised its holdings in Twilio (NYSE:TWLO) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 178,200 shares of the technology company’s stock after acquiring an additional 1,964 shares during the period. Teachers Advisors LLC’s holdings in Twilio were worth $4,206,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also bought and sold shares of the business. Delpha Capital Management LLC acquired a new position in shares of Twilio during the fourth quarter worth about $101,000. Cerebellum GP LLC acquired a new position in shares of Twilio during the fourth quarter worth about $117,000. SeaCrest Wealth Management LLC acquired a new position in shares of Twilio during the fourth quarter worth about $123,000. Public Employees Retirement Association of Colorado bought a new stake in Twilio during the fourth quarter worth about $159,000. Finally, Principal Financial Group Inc. bought a new stake in Twilio during the third quarter worth about $219,000. 60.32% of the stock is owned by hedge funds and other institutional investors.
TWLO has been the topic of several analyst reports. Drexel Hamilton reiterated a “buy” rating and set a $47.00 target price on shares of Twilio in a report on Thursday, December 28th. Oppenheimer restated a “buy” rating and issued a $38.00 price objective on shares of Twilio in a research note on Tuesday, January 2nd. Zacks Investment Research upgraded Twilio from a “sell” rating to a “hold” rating in a research note on Friday, January 12th. JPMorgan Chase upped their price objective on Twilio from $40.00 to $42.00 and gave the company an “overweight” rating in a research note on Wednesday, February 14th. Finally, Bank of America began coverage on Twilio in a research note on Thursday, March 1st. They issued a “buy” rating and a $45.00 price objective on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and seventeen have given a buy rating to the stock. Twilio currently has an average rating of “Buy” and a consensus price target of $40.13.
Shares of NYSE TWLO opened at $38.97 on Thursday. The company has a market cap of $3,474.26, a PE ratio of -49.96 and a beta of -0.48. Twilio has a 1-year low of $22.80 and a 1-year high of $42.54.
Twilio (NYSE:TWLO) last announced its earnings results on Tuesday, February 13th. The technology company reported ($0.17) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.18) by $0.01. The company had revenue of $115.24 million for the quarter, compared to analyst estimates of $103.51 million. Twilio had a negative return on equity of 19.52% and a negative net margin of 15.97%. research analysts expect that Twilio will post -0.69 EPS for the current year.
Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.
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