Systematic Financial Management LP Holds Holding in Mueller Industries (MLI); Crow Point Partners Raised Holding in Facebook Class A (FB) by $444,864

February 15, 2018 - By Peter Erickson

Crow Point Partners Llc increased its stake in Facebook Inc. Class A (FB) by 282.6% based on its latest 2017Q3 regulatory filing with the SEC. Crow Point Partners Llc bought 2,648 shares as the company’s stock rose 10.88% with the market. The institutional investor held 3,585 shares of the technology company at the end of 2017Q3, valued at $605,000, up from 937 at the end of the previous reported quarter. Crow Point Partners Llc who had been investing in Facebook Inc. Class A for a number of months, seems to be bullish on the $518.14B market cap company. The stock decreased 0.65% or $1.16 during the last trading session, reaching $178.36. About 12.36 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 15, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Systematic Financial Management Lp increased its stake in Mueller Industries Inc. (MLI) by 17.18% based on its latest 2017Q3 regulatory filing with the SEC. Systematic Financial Management Lp bought 55,961 shares as the company’s stock declined 27.32% while stock markets rallied. The institutional investor held 381,652 shares of the capital goods company at the end of 2017Q3, valued at $13.34 million, up from 325,691 at the end of the previous reported quarter. Systematic Financial Management Lp who had been investing in Mueller Industries Inc. for a number of months, seems to be bullish on the $1.52B market cap company. The stock decreased 0.57% or $0.15 during the last trading session, reaching $26.33. About 111,298 shares traded. Mueller Industries, Inc. (NYSE:MLI) has risen 3.10% since February 15, 2017 and is uptrending. It has underperformed by 13.60% the S&P500.




Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It worsened, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Platinum Inv Management accumulated 1,940 shares. Diligent Invsts Ltd Liability accumulated 0.39% or 3,155 shares. 59,070 are held by Brinker Cap. The New York-based Jpmorgan Chase Communication has invested 0.84% in Facebook, Inc. (NASDAQ:FB). Beaumont Financial Partners Limited Co stated it has 1.27% in Facebook, Inc. (NASDAQ:FB). Columbus Hill Capital Mgmt LP stated it has 4.01% in Facebook, Inc. (NASDAQ:FB). Brandywine Communication holds 31,605 shares. Cambridge Advsrs holds 0.41% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 6,189 shares. Pr Herzig And Incorporated has 1.65% invested in Facebook, Inc. (NASDAQ:FB). Highvista Strategies Llc holds 0.77% or 19,800 shares. Bp Public Ltd owns 252,000 shares. Greenwood Cap Associates Ltd Limited Liability Company invested in 13,014 shares. Confluence Wealth Mgmt Lc holds 0.81% in Facebook, Inc. (NASDAQ:FB) or 9,732 shares. Benjamin F Edwards Incorporated invested in 17,340 shares. Davidson Garrard owns 45,214 shares for 1.82% of their portfolio.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Thursday, April 28. Wedbush maintained the stock with “Outperform” rating in Thursday, November 3 report. The stock has “Overweight” rating by Piper Jaffray on Thursday, November 5. The firm has “Market Outperform” rating given on Thursday, November 3 by JMP Securities. Cantor Fitzgerald maintained the stock with “Buy” rating in Friday, May 26 report. The stock has “Outperform” rating by FBR Capital on Thursday, January 28. The rating was maintained by Citigroup on Thursday, November 2 with “Buy”. RBC Capital Markets maintained it with “Buy” rating and $195.0 target in Wednesday, September 6 report. The firm earned “Buy” rating on Wednesday, September 27 by Wells Fargo. On Tuesday, September 5 the stock rating was maintained by Canaccord Genuity with “Buy”.

Crow Point Partners Llc, which manages about $937.00 million and $624.59 million US Long portfolio, decreased its stake in Tableau Software Inc. Class A (NYSE:DATA) by 6,668 shares to 1,956 shares, valued at $146,000 in 2017Q3, according to the filing. It also reduced its holding in Euronet Worldwide Inc. (NASDAQ:EEFT) by 7,149 shares in the quarter, leaving it with 1,479 shares, and cut its stake in Comerica Incorporated (NYSE:CMA).

Since August 14, 2017, it had 0 insider buys, and 33 selling transactions for $395.73 million activity. 750 shares valued at $127,573 were sold by Stretch Colin on Tuesday, October 3. Zuckerberg Mark sold $42.50M worth of stock or 254,525 shares. Wehner David M. sold 15,470 shares worth $2.59M. Schroepfer Michael Todd sold $6.57 million worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, September 12. FISCHER DAVID B. sold $2.75 million worth of stock. On Wednesday, August 30 Koum Jan sold $109.70 million worth of Facebook, Inc. (NASDAQ:FB) or 640,754 shares.

Systematic Financial Management Lp, which manages about $14.04B and $4.93B US Long portfolio, decreased its stake in Barracuda Networks Inc. (NYSE:CUDA) by 670,292 shares to 1.50 million shares, valued at $36.39M in 2017Q3, according to the filing. It also reduced its holding in Zions Bancorp. (NASDAQ:ZION) by 952,326 shares in the quarter, leaving it with 8,087 shares, and cut its stake in Harsco Corp. (NYSE:HSC).

Investors sentiment decreased to 1.06 in Q3 2017. Its down 0.29, from 1.35 in 2017Q2. It fall, as 12 investors sold MLI shares while 50 reduced holdings. 15 funds opened positions while 51 raised stakes. 51.92 million shares or 0.79% less from 52.34 million shares in 2017Q2 were reported. Voya Investment Mngmt Limited reported 25,470 shares stake. Tower Limited Liability (Trc) reported 5,008 shares. Neuberger Berman Gp Limited Com has invested 0.05% in Mueller Industries, Inc. (NYSE:MLI). Fmr Lc reported 4.13 million shares. Texas Permanent School Fund invested in 0.02% or 42,070 shares. Evercore Wealth Management Ltd holds 1,000 shares or 0% of its portfolio. Natixis invested in 0% or 8,937 shares. Epoch Prns accumulated 663,446 shares. D E Shaw And Company holds 0.01% or 101,389 shares in its portfolio. Thrivent Fincl For Lutherans has 35,120 shares for 0% of their portfolio. Guggenheim Lc reported 200,236 shares stake. Bancorp Of Montreal Can reported 68,191 shares. Alliancebernstein LP holds 0% or 109,681 shares in its portfolio. Schwab Charles Management Inc reported 0.02% stake. Eulav Asset Management invested 0.04% of its portfolio in Mueller Industries, Inc. (NYSE:MLI).

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