Extra Space Storage Com (EXR) Stock Value Declined While Kempen Capital Management Cut Holding by $519,042; Facebook (FB) Holder Lockheed Martin Investment Management Company Has Lowered Stake

April 24, 2018 - By Peter Erickson

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Lockheed Martin Investment Management Company decreased its stake in Facebook (FB) by 15.76% based on its latest 2017Q4 regulatory filing with the SEC. Lockheed Martin Investment Management Company sold 7,130 shares as the company’s stock declined 14.10% with the market. The institutional investor held 38,120 shares of the technology company at the end of 2017Q4, valued at $6.73M, down from 45,250 at the end of the previous reported quarter. Lockheed Martin Investment Management Company who had been investing in Facebook for a number of months, seems to be less bullish one the $466.36 billion market cap company. The stock decreased 3.01% or $4.99 during the last trading session, reaching $160.85. About 11.60 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 24, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Kempen Capital Management decreased its stake in Extra Space Storage Inc Com (EXR) by 16.88% based on its latest 2017Q4 regulatory filing with the SEC. Kempen Capital Management sold 5,966 shares as the company’s stock declined 0.66% with the market. The institutional investor held 29,380 shares of the real estate investment trusts company at the end of 2017Q4, valued at $2.57M, down from 35,346 at the end of the previous reported quarter. Kempen Capital Management who had been investing in Extra Space Storage Inc Com for a number of months, seems to be less bullish one the $11.44 billion market cap company. The stock increased 1.12% or $0.96 during the last trading session, reaching $86.87. About 150,051 shares traded. Extra Space Storage Inc. (NYSE:EXR) has risen 14.89% since April 24, 2017 and is uptrending. It has outperformed by 3.34% the S&P500.

Investors sentiment increased to 1.2 in 2017 Q4. Its up 0.01, from 1.19 in 2017Q3. It is positive, as 26 investors sold EXR shares while 125 reduced holdings. 62 funds opened positions while 119 raised stakes. 128.58 million shares or 2.03% less from 131.25 million shares in 2017Q3 were reported. 5,331 were accumulated by First Quadrant LP Ca. Voya Mngmt Ltd Co holds 0.01% or 74,619 shares. Td Asset Management invested in 0% or 37,469 shares. Lpl Ltd has 0% invested in Extra Space Storage Inc. (NYSE:EXR). Cbre Clarion Securities Limited Liability Corp owns 3.99 million shares for 4% of their portfolio. Us Bank De accumulated 48,659 shares. Axa invested in 0.09% or 272,372 shares. Tower Capital Limited Liability Company (Trc) holds 0% of its portfolio in Extra Space Storage Inc. (NYSE:EXR) for 80 shares. Korea Inv stated it has 61,356 shares or 0.02% of all its holdings. Lourd Cap holds 0.02% or 3,984 shares. Virtus Investment Advisers Incorporated has invested 0.07% in Extra Space Storage Inc. (NYSE:EXR). Chevy Chase Hldgs Inc holds 109,076 shares. Louisiana State Employees Retirement Sys accumulated 0.03% or 7,600 shares. Tudor Et Al holds 0.06% or 28,338 shares. Amundi Pioneer Asset Management has invested 0.02% in Extra Space Storage Inc. (NYSE:EXR).

Among 16 analysts covering Extra Space Storage Inc. (NYSE:EXR), 4 have Buy rating, 1 Sell and 11 Hold. Therefore 25% are positive. Extra Space Storage Inc. had 54 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 20 by Bank of America. DA Davidson maintained the stock with “Neutral” rating in Friday, July 29 report. The stock of Extra Space Storage Inc. (NYSE:EXR) earned “Hold” rating by Jefferies on Monday, October 23. Citigroup maintained Extra Space Storage Inc. (NYSE:EXR) on Friday, October 2 with “Neutral” rating. Jefferies maintained the stock with “Buy” rating in Wednesday, August 5 report. RBC Capital Markets maintained Extra Space Storage Inc. (NYSE:EXR) rating on Tuesday, August 1. RBC Capital Markets has “Hold” rating and $8000 target. The stock has “Buy” rating by Robert W. Baird on Monday, October 16. The firm earned “Hold” rating on Monday, September 18 by Jefferies. The company was maintained on Friday, June 9 by Jefferies. The firm has “Buy” rating by Wells Fargo given on Thursday, November 30.

Analysts await Extra Space Storage Inc. (NYSE:EXR) to report earnings on May, 1 after the close. They expect $1.09 earnings per share, up 5.83% or $0.06 from last year’s $1.03 per share. EXR’s profit will be $143.59M for 19.92 P/E if the $1.09 EPS becomes a reality. After $1.12 actual earnings per share reported by Extra Space Storage Inc. for the previous quarter, Wall Street now forecasts -2.68% negative EPS growth.

Since January 17, 2018, it had 0 insider buys, and 8 insider sales for $5.47 million activity. OVERTURF JAMES also sold $77,633 worth of Extra Space Storage Inc. (NYSE:EXR) on Monday, April 16. Stubbs P Scott sold $792,978 worth of stock or 9,250 shares. Olmstead Diane had sold 1,436 shares worth $124,983 on Monday, February 26.

Kempen Capital Management, which manages about $1.26B US Long portfolio, upped its stake in Mrc Global Inc Com (NYSE:MRC) by 142,171 shares to 380,343 shares, valued at $6.44 million in 2017Q4, according to the filing. It also increased its holding in Lhc Group Inc Com (NASDAQ:LHCG) by 50,346 shares in the quarter, for a total of 158,004 shares, and has risen its stake in Priceline Grp Inc Com New (NASDAQ:PCLN).

Since October 26, 2017, it had 0 insider buys, and 41 sales for $1.42 billion activity. $4.82 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Schroepfer Michael Todd. 1.25 million Facebook, Inc. (NASDAQ:FB) shares with value of $221.33 million were sold by Koum Jan. Another trade for 4,699 shares valued at $806,019 was made by FISCHER DAVID B. on Thursday, October 26. Stretch Colin sold 750 shares worth $134,821. Another trade for 55,000 shares valued at $9.75 million was made by Sandberg Sheryl on Wednesday, February 14. Cox Christopher K sold $2.83M worth of stock or 16,000 shares.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 254 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 16 by Needham. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Monness Crespi & Hardt on Thursday, July 30. The company was maintained on Thursday, January 4 by Cowen & Co. As per Thursday, November 2, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Friday, October 27 by Monness Crespi & Hardt. Tigress Financial maintained the stock with “Buy” rating in Friday, August 11 report. The firm has “Buy” rating given on Friday, July 21 by Goldman Sachs. The stock has “Outperform” rating by RBC Capital Markets on Thursday, January 28. The rating was maintained by JP Morgan on Thursday, April 28 with “Overweight”. The rating was downgraded by BTIG Research to “Neutral” on Thursday, November 3.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It improved, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Mendel Money Mngmt invested 1.09% in Facebook, Inc. (NASDAQ:FB). 501,668 were accumulated by Hermes Limited. Legal & General Gp Public Limited owns 10.69M shares. Orrstown Fin Svcs has 43 shares. Darsana Cap Prtnrs Limited Partnership accumulated 600,000 shares. Pinnacle Financial Ptnrs holds 0.15% in Facebook, Inc. (NASDAQ:FB) or 8,247 shares. Intersect Capital Ltd Liability Corp reported 21,484 shares. Moreover, Scopus Asset Management LP has 1.74% invested in Facebook, Inc. (NASDAQ:FB). 1,998 are owned by 10. Polen Cap Mngmt Ltd Company reported 6.04 million shares. Ghp Invest Incorporated reported 0.03% in Facebook, Inc. (NASDAQ:FB). Regions Fincl Corp reported 223,813 shares stake. Institute For Wealth Mgmt Ltd Liability Corporation stated it has 1.03% in Facebook, Inc. (NASDAQ:FB). Fincl Bank Of America Corporation De holds 0.5% or 17.02M shares in its portfolio. Mawer Investment Mgmt holds 0.07% in Facebook, Inc. (NASDAQ:FB) or 45,270 shares.

Lockheed Martin Investment Management Company, which manages about $2.17B US Long portfolio, upped its stake in Ctrip.Com Intl Ltd (NASDAQ:CTRP) by 26,618 shares to 40,065 shares, valued at $1.77M in 2017Q4, according to the filing. It also increased its holding in Ishares Msci Europe Financials (EUFN) by 20,000 shares in the quarter, for a total of 730,000 shares, and has risen its stake in Biogen Idec Inc (NASDAQ:BIIB).

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

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