Facebook Cl A (FB) Shareholder Logan Capital Management Has Trimmed Its Holding; Facebook Cl A (FB) Market Value Rose While Blue Fin Capital Lifted Its Stake

December 7, 2017 - By Louis Casey

Logan Capital Management Inc decreased its stake in Facebook Inc Cl A (FB) by 3.03% based on its latest 2017Q2 regulatory filing with the SEC. Logan Capital Management Inc sold 5,887 shares as the company’s stock rose 10.88% with the market. The institutional investor held 188,621 shares of the technology company at the end of 2017Q2, valued at $28.48M, down from 194,508 at the end of the previous reported quarter. Logan Capital Management Inc who had been investing in Facebook Inc Cl A for a number of months, seems to be less bullish one the $513.81 billion market cap company. The stock increased 0.43% or $0.76 during the last trading session, reaching $176.82. About 3.26 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 7, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Blue Fin Capital Inc increased its stake in Facebook Inc Cl A (FB) by 8.21% based on its latest 2017Q2 regulatory filing with the SEC. Blue Fin Capital Inc bought 2,057 shares as the company’s stock rose 10.88% with the market. The institutional investor held 27,101 shares of the technology company at the end of 2017Q2, valued at $4.09 million, up from 25,044 at the end of the previous reported quarter. Blue Fin Capital Inc who had been investing in Facebook Inc Cl A for a number of months, seems to be bullish on the $514.18B market cap company. The stock increased 0.51% or $0.89 during the last trading session, reaching $176.95. About 3.22 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 7, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.




Since June 7, 2017, it had 0 insider purchases, and 2 sales for $5.82 million activity. $5.71M worth of stock was sold by Schroepfer Michael Todd on Tuesday, June 13. $21.25M worth of stock was sold by Zuckerberg Mark on Thursday, June 8. Another trade for 16,000 shares valued at $2.45 million was sold by Cox Christopher K.

Logan Capital Management Inc, which manages about $2.06B and $1.34 billion US Long portfolio, upped its stake in Williams Sonoma Inc Com (NYSE:WSM) by 87,911 shares to 219,092 shares, valued at $10.63M in 2017Q2, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 17,807 shares in the quarter, for a total of 523,385 shares, and has risen its stake in International Bus Mach (NYSE:IBM).

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, September 26 by Cantor Fitzgerald. The stock of Facebook, Inc. (NASDAQ:FB) has “Positive” rating given on Thursday, April 28 by Susquehanna. On Wednesday, September 27 the stock rating was maintained by Cowen & Co with “Buy”. The rating was reinitiated by Wedbush on Thursday, October 1 with “Outperform”. The company was maintained on Thursday, July 20 by William Blair. The rating was maintained by Cantor Fitzgerald on Thursday, August 27 with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by RBC Capital Markets on Wednesday, September 6. The stock has “Market Perform” rating by BMO Capital Markets on Thursday, November 3. Raymond James upgraded it to “Strong Buy” rating and $160 target in Friday, January 13 report. On Friday, November 6 the stock rating was maintained by Argus Research with “Buy”.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Thursday’s Vital Data: Facebook Inc (FB), Advanced Micro Devices, Inc. (AMD …” on December 07, 2017, also Bloomberg.com with their article: “Facebook to Hire 800 New Workers in London” published on December 04, 2017, Cnbc.com published: “Facebook will lead a surge in tech stocks next year with a 30 percent gain …” on December 06, 2017. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Investorplace.com and their article: “Why It’s Time to Buy the Dip in Facebook Inc Stock Once Again” published on December 06, 2017 as well as Valuewalk.com‘s news article titled: “Glassdoor Names Facebook Inc As Best Place To Work In 2018” with publication date: December 06, 2017.

Investors sentiment increased to 1.4 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. It improved, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Moreover, South Texas Money Mngmt has 0.03% invested in Facebook, Inc. (NASDAQ:FB) for 3,749 shares. Salient Cap Advsr Lc reported 0.04% of its portfolio in Facebook, Inc. (NASDAQ:FB). Moreover, Hartford Finance has 0.1% invested in Facebook, Inc. (NASDAQ:FB) for 1,488 shares. Gamble Jones Inv Counsel accumulated 2,102 shares. First Comml Bank Of Omaha invested 1.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). De Burlo Grp has 101,100 shares for 3.41% of their portfolio. Dubuque Bancshares invested in 1.92% or 58,315 shares. Meyer Handelman holds 7,600 shares. Harding Loevner Limited Partnership has 1.19% invested in Facebook, Inc. (NASDAQ:FB). Torch Wealth Limited Co reported 4,320 shares. Park Presidio Cap Ltd Liability Com owns 8.51% invested in Facebook, Inc. (NASDAQ:FB) for 350,000 shares. Arrowstreet Capital Ltd Partnership reported 1.33 million shares. Peoples Finance Serv has 400 shares. Tnb reported 3,770 shares. Carlson Capital Mngmt owns 2,753 shares or 0.13% of their US portfolio.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 EPS, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64 billion for 22.79 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Why It’s Time to Buy the Dip in Facebook Inc Stock Once Again” on December 06, 2017, also Livetradingnews.com with their article: “Facebook Inc (NASDAQ:FB) Launching Messenger For Kids” published on December 07, 2017, Investorplace.com published: “Thursday’s Vital Data: Facebook Inc (FB), Advanced Micro Devices, Inc. (AMD …” on December 07, 2017. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Bloomberg.com and their article: “Facebook to Hire 800 New Workers in London” published on December 04, 2017 as well as Cnbc.com‘s news article titled: “Facebook will lead a surge in tech stocks next year with a 30 percent gain …” with publication date: December 06, 2017.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. On Monday, September 11 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Outperform” rating given on Thursday, April 28 by Wedbush. The firm earned “Buy” rating on Monday, July 24 by Bank of America. On Thursday, April 28 the stock rating was maintained by SunTrust with “Buy”. The firm earned “Buy” rating on Thursday, November 2 by Deutsche Bank. The company was maintained on Thursday, April 28 by Cowen & Co. UBS maintained the shares of FB in report on Thursday, April 28 with “Buy” rating. The firm earned “Buy” rating on Monday, June 5 by Jefferies. The rating was maintained by Jefferies on Thursday, November 3 with “Buy”. Morgan Stanley maintained the stock with “Overweight” rating in Monday, October 2 report.

Investors sentiment increased to 1.4 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. It is positive, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Gilder Gagnon Howe Limited Liability reported 2.09 million shares stake. Waratah Capital holds 4.7% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 222,087 shares. Ally Fincl invested 1.2% in Facebook, Inc. (NASDAQ:FB). Lenox Wealth Advsr Inc holds 367 shares. Brown Brothers Harriman And stated it has 0.01% of its portfolio in Facebook, Inc. (NASDAQ:FB). Veritas Investment Mgmt Llp has 0.01% invested in Facebook, Inc. (NASDAQ:FB) for 400 shares. Moreover, Trustmark Bankshares Department has 0.2% invested in Facebook, Inc. (NASDAQ:FB). Cypress Management Limited Liability Com (Wy) reported 1,300 shares or 0% of all its holdings. Archon Prns Limited Liability Corp accumulated 65,900 shares. Riverhead Mngmt Ltd Liability Company reported 94,320 shares. Nationwide Fund reported 1.26% stake. Aureus Asset Ltd Liability owns 109,416 shares or 2.78% of their US portfolio. Goldman Sachs Group holds 0.63% or 16.04M shares in its portfolio. Viking Global Invsts Lp holds 6.29% or 6.19M shares in its portfolio. Granite Ptnrs Lc owns 1.61% invested in Facebook, Inc. (NASDAQ:FB) for 158,107 shares.

Since June 7, 2017, it had 0 insider purchases, and 2 selling transactions for $5.82 million activity. Stretch Colin sold $112,689 worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, June 13. Shares for $2.45M were sold by Cox Christopher K on Wednesday, June 7. $5.71 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd.

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