Facebook INC (FB) Holder L & S Advisors INC Trimmed Position

January 21, 2018 - By Marie Mckinney

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It turned negative, 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. The Ontario – Canada-based Scotia has invested 0.92% in Facebook, Inc. (NASDAQ:FB). Callahan Advsr Ltd Liability Corporation has invested 2.02% in Facebook, Inc. (NASDAQ:FB). Moreover, Compton Cap Mngmt Ri has 1.18% invested in Facebook, Inc. (NASDAQ:FB) for 15,453 shares. Azimuth Mgmt Lc reported 68,684 shares. Amer National Insurance Tx has 1.34% invested in Facebook, Inc. (NASDAQ:FB). Wellington Mgmt Grp Limited Liability Partnership has invested 0.84% in Facebook, Inc. (NASDAQ:FB). Tpg Gru Holdings (Sbs) Advisors owns 0.07% invested in Facebook, Inc. (NASDAQ:FB) for 26,084 shares. 2,170 were reported by High Pointe Capital Management Ltd Liability Company. Dragoneer Inv Gp Limited Liability Co stated it has 276,890 shares. Monroe Bankshares And Tru Mi holds 0.01% in Facebook, Inc. (NASDAQ:FB) or 127 shares. Moreover, Laurel Grove Ltd has 3.38% invested in Facebook, Inc. (NASDAQ:FB) for 38,045 shares. New York-based Pinnacle Associate has invested 0.25% in Facebook, Inc. (NASDAQ:FB). First National Tru Company has invested 0.38% of its portfolio in Facebook, Inc. (NASDAQ:FB). First Bank Of Omaha holds 1.06% or 101,253 shares in its portfolio. Flossbach Von Storch Ag holds 1.11% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 624,515 shares.

Since August 7, 2017, it had 0 buys, and 39 insider sales for $957.86 million activity. $2.75M worth of stock was sold by FISCHER DAVID B. on Thursday, August 24. Another trade for 38,058 shares valued at $6.53 million was made by Schroepfer Michael Todd on Tuesday, October 10. 247,452 shares were sold by Zuckerberg Mark, worth $42.50M on Tuesday, September 19. 640,754 shares were sold by Koum Jan, worth $109.70 million. 16,000 shares were sold by Cox Christopher K, worth $2.77M. Wehner David M. had sold 15,470 shares worth $2.59M on Monday, August 21.

L & S Advisors Inc decreased its stake in Facebook Inc (FB) by 33.06% based on its latest 2017Q3 regulatory filing with the SEC. L & S Advisors Inc sold 59,025 shares as the company’s stock rose 10.88% with the market. The institutional investor held 119,539 shares of the technology company at the end of 2017Q3, valued at $20.43 million, down from 178,564 at the end of the previous reported quarter. L & S Advisors Inc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $526.79B market cap company. The stock increased 0.83% or $1.49 during the last trading session, reaching $181.29. About 26.83M shares traded or 48.59% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 21, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

L & S Advisors Inc, which manages about $330.44 million and $597.62M US Long portfolio, upped its stake in Johnson & Johnson (NYSE:JNJ) by 40,292 shares to 54,747 shares, valued at $7.12 million in 2017Q3, according to the filing. It also increased its holding in Delphi Automotive Plc (NYSE:DLPH) by 35,528 shares in the quarter, for a total of 83,883 shares, and has risen its stake in Celgene Corp (NASDAQ:CELG).

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 $5.64B for 23.36 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: “Facebook Inc (FB) Stock Is for Passive Investors Only” on January 19, 2018, also Finance.Yahoo.com with their article: “Why Shares of Facebook, Inc. Were Up 53% in 2017” published on January 17, 2018, Investorplace.com published: “Facebook, Inc. Doing the Right Thing Isn’t a Death Sentence for FB Stock” on January 18, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Bloomberg.com and their article: “Facebook Is Investigating Possible Russia Meddling in Brexit” published on January 17, 2018 as well as Investorplace.com‘s news article titled: “Does Facebook Inc Really Have a Russia Problem?” with publication date: January 19, 2018.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook has $240.0 highest and $88 lowest target. $186.60’s average target is 2.93% above currents $181.29 stock price. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by Cowen & Co given on Friday, July 14. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Suntrust Robinson on Thursday, April 28. As per Thursday, July 30, the company rating was maintained by Mizuho. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, November 5 by Nomura. The company was initiated on Tuesday, September 8 by Moffett Nathanson. Monness Crespi & Hardt maintained the stock with “Buy” rating in Thursday, November 5 report. Needham maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 27 with “Buy” rating. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, August 27. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by SunTrust on Thursday, October 19. The stock has “Buy” rating by Jefferies on Thursday, November 3.

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