Science

1.4 is Facebook Inc's (NASDAQ:FB) Institutional Investor Sentiment

Pillar Pacific Capital Management LLC grew its position in shares of Facebook, Inc. The hedge fund held 14.49 million shares of the technology company at the end of 2017Q2, valued at $2.19 billion, down from 14.81 million at the end of the previous reported quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of Facebook by 1.1% during the 1st quarter. The stock decreased 0.53% or $0.91 during the last trading session, reaching $171.59. Rhumbline Advisers now owns 3,741,605 shares of the social networking company's stock valued at $531,495,000 after acquiring an additional 54,953 shares during the period. The original version of this news story can be read at https://stocknewstimes.com/2017/10/10/pillar-pacific-capital-management-llc-has-4-78-million-holdings-in-facebook-inc-fb.html. It has outperformed by 10.05% the S&P500. Wealthcare Capital Mgmt Lc reported 0.01% stake. Common (TGT) stake by 98.7% reported in 2017Q2 SEC filing. State Street Corp now owns 93,365,713 shares of the social networking company's stock valued at $13,262,607,000 after acquiring an additional 1,536,158 shares during the period. The stock has a market cap of $500.97 billion, a price-to-earnings ratio of 38.61 and a beta of 0.70. Actuant Corporation (ATU) has risen 0.16% since October 10, 2016 and is uptrending. It has underperformed by 2.72% the S&P500.

State Street Corp increased its position in shares of Facebook by 1.7% during the first quarter. The social networking company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.19. It improved, as 48 investors sold FB shares while 553 reduced holdings. Adirondack Tru holds 5,573 shares or 0.68% of its portfolio. Tower Bridge Advsrs invested in 55,080 shares.

Honkamp Krueger Financial Services Inc. boosted its position in shares of Facebook, Inc. 84,750 were accumulated by Barometer Cap. As per Thursday, April 28, the company rating was maintained by SunTrust. Canada Pension Plan Investment Board now owns 4,100,250 shares of the social networking company's stock worth $582,441,000 after purchasing an additional 620,686 shares during the last quarter. Narwhal Cap Management invested in 10,866 shares or 0.43% of the stock. Hartline Invest Corp owns 29,093 shares or 1.4% of their USA portfolio. Northwest Inv Counselors holds 288 shares or 0.02% of its portfolio. Commonwealth Fincl Bank Of Aus, a Australia-based fund reported 2,669 shares. Harbour Capital Advisors LLC lifted its stake in shares of Facebook by 15,047.5% in the 2nd quarter. They expect $1.28 EPS, up 45.45% or $0.40 from last year's $0.88 per share. This translates into $3.70B profit for FB giving the stock a 33.79 P/E. HPM Partners LLC acquired a new stake in shares of Facebook during the first quarter valued at about $195,602,000.

Since April 11, 2017, it had 0 insider buys, and 25 insider sales for $796.22 million activity. Shares for $5.73 million were sold by Schroepfer Michael Todd on Tuesday, May 9. $115,308 worth of Facebook Inc (NASDAQ:FB) shares were sold by Stretch Colin. In the last three months, insiders sold 12,862,269 shares of company stock valued at $2,112,811,427. Desmond-Hellmann Susan had sold 209 shares worth $30,236. Shares for $88.97M were sold by Koum Jan. $2.37M worth of Facebook Inc (NASDAQ:FB) was sold by Cox Christopher K. Sandberg Sheryl had sold 163,500 shares worth $25.14M.

More notable recent Facebook Inc (NASDAQ:FB) news were published by: Bizjournals.com which released: "Facebook to hire 1000 people to thwart Russian Federation and others from swaying ..." on October 02, 2017, also Investorplace.com with their article: "Facebook Inc (FB) Building $1 Billion Data Center in Virginia" published on October 05, 2017, Investorplace.com published: "Facebook Inc (FB) Stock Investors Have Nothing to Fear From Regulation" on October 05, 2017. The stock of Facebook Inc (NASDAQ:FB) has "Outperform" rating given on Thursday, November 3 by Wells Fargo. Earnings: "Mark Your Calendar" with publication date: "October 09, 2017. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating, forty-three have given a buy rating and three have given a strong buy rating to the company's stock. Therefore 92% are positive. Facebook had 180 analyst reports since July 21, 2015 according to SRatingsIntel. Canaccord Genuity restated a "buy" rating and issued a $175.00 price objective on shares of Facebook in a report on Friday, June 16th. The firm has "Buy" rating by Argus Research given on Thursday, October 15.

Analysts await Facebook Inc (NASDAQ:FB) to report earnings on November, 1. The firm has "Neutral" rating by BTIG Research given on Friday, July 22. The firm has "Buy" rating by Jefferies given on Wednesday, August 30. Piper Jaffray Companies reissued an "overweight" rating on shares of Facebook in a research report on Monday. Peak Asset Mgmt stated it has 0.29% in Facebook Inc (NASDAQ:FB). Facebook Inc has a 12 month low of $108.23 and a 12 month high of $153.60.

Among 9 analysts covering Brookfield Asset Management Inc. Standpoint Research downgraded Sothebys (NYSE:BID) on Thursday, April 14 to "Hold" rating. Therefore 53% are positive. The firm has "Buy" rating by Stifel Nicolaus given on Tuesday, November 10. The rating was initiated by Wood on Tuesday, May 24 with "Outperform". Brookfield Asset Management Inc (NYSE:BAM) has risen 13.98% since October 11, 2016 and is uptrending. The company was maintained on Thursday, July 27 by Goldman Sachs. Robert W. Baird maintained the stock with "Outperform" rating in Thursday, July 30 report. The firm has "Outperform" rating given on Thursday, November 3 by Wedbush.



Like this

Latest


12 October 2017
NYPD recording surfaces against producer Harvey Weinstein
The New Yorker published a recording obtained during the investigation in which Weinstein is heard admitting to groping Gutierrez. The disclosure form also shows that Boies donated $15,000 to Vance's campaign in 2013, $10,000 in 2011 and $20,000 in 2008.

12 October 2017
SeaWorld Entertainment, Inc. (SEAS)
Another trade for 19.45 million shares valued at $447.40M was made by Blackstone Holdings III L.P. on Monday, May 8. The company has its outstanding shares of 96.87M. 136,912 were reported by Employees Retirement Systems Of Ohio.

12 October 2017
Broker Changes For General Electric Company (NYSE:GE)
Welch & Forbes Ltd Liability holds 1.44% of its portfolio in General Electric Company (NYSE:GE) for 1.91 million shares. Parametrica Management Ltd purchased a new stake in shares of General Electric during the 1st quarter worth $214,000.

12 October 2017
Hess Corporation (NYSE:HES) Closed 6.0% Above Its 50 Day Average
Currently, 332.65 million total shares are owned by the public and among those 315.64 million shares have been available to trade. Zacks Investment Research raised Hess Corporation from a "sell" rating to a "hold" rating in a report on Tuesday, September 12th.

12 October 2017
Qualcomm Fined $773 Million for Antitrust Violations in Taiwan
The Taiwan Fair Trade Commission has fined Qualcomm, the San Diego-based chipmaker, NT $23.4 billion for antitrust violations. The company has said the suit is based on flawed legal theory and misconceptions about its business.

12 October 2017
Recent Analyst Updates on Rite Aid Corp (RAD)
About 1.54M shares traded or 14.07% up from the average. (NYSE:JPM) has risen 33.74% since October 11, 2016 and is uptrending. Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock.

12 October 2017
Inc. Lowers Position in Union Pacific Corporation (UNP)
Milestone Group Inc decreased Spirit Aerosystems Hldgs Inc (NYSE:SPR) stake by 5,700 shares to 7,200 valued at $417,000 in 2017Q2. The railroad operator reported $1.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.06.

12 October 2017
Fortnite has Over 3.7 Million Players, Over 500000 Concurrent
However on the same weekend it achieved 525,000 concurrent players, it also attracted 3.7m daily active users. It's free, so there's nothing stopping you.

12 October 2017
Pacific Crest Reiterates Overweight Rating for Cisco Systems, Inc. (CSCO)
Cubic Asset Management LLC grew its position in Cisco Systems by 4.5% during the 2nd quarter. (NASDAQ:CSCO) for 353,370 shares. CSCO share have rallied by 11.02% in percentage terms since the start of the year - and added 4.22% in the last month.

12 October 2017
Harvey Weinstein denies rape accusations
But in the statement last week, Weinstein said he would name the endowment after his mother, adding, "I won't disappoint her". Weinstein's spokeswoman Sallie Hofmeister issued a statement in response to the allegations in the article.



Recommended