Los Angeles Capital Management & Equity Research INC Stake in Facebook INC (FB) Decreased as Shares Declined

April 17, 2018 - By Andrea Pope

Facebook, Inc. (NASDAQ:FB) Corporate LogoBig Money Sentiment increased to 1.21 in 2017 Q4. It has change of 0.06, from 2017Q3’s 1.15. The ratio improved due to FB positioning: 57 sold and 621 reduced. 147 funds amassed holdings and 670 increased holdings. Investors holded 1.63 billion in 2017Q3 but now own 1.61 billion shares or 1.26% less. Hm Payson And holds 0.15% or 20,451 shs in its capital. Buckingham Capital holds 28,692 shs or 1.06% of its capital. Cryder Capital Partners Limited Liability Partnership has 251,591 shs. 58,781 are held by Acg Wealth. Ws Mgmt Lllp invested in 505,300 shs or 2.62% of the stock. Tradewinds Management Limited Liability Company invested 0.26% in Facebook, Inc. (NASDAQ:FB). Premier Asset Management Ltd Liability Corp invested 2.78% of its capital in Facebook, Inc. (NASDAQ:FB). Employees Retirement Sys Of Texas owns 536,942 shs for 1.2% of their capital. Intersect Ltd Llc stated it has 2.04% in Facebook, Inc. (NASDAQ:FB). Valinor Mngmt Limited Partnership holds 855,227 shs. Toth Financial Advisory Corporation owns 5,962 shs or 0.25% of their US capital. Davis invested 4.79% in Facebook, Inc. (NASDAQ:FB). White Pine Cap Lc reported 0.14% stake. Transamerica stated it has 0.03% in Facebook, Inc. (NASDAQ:FB). Chevy Chase Trust Holdg reported 1.58% stake.

FB registered $1.29 billion net activity with 0 insider buys and 41 insider sales since October 17, 2017. $2.83M worth of Facebook, Inc. (NASDAQ:FB) shs were sold by Cox Christopher K. On Wednesday, April 11 a trade for 145,000 shs valued at $24.06M was made by Zuckerberg Mark. Shares for $3.29M were sold by FISCHER DAVID B. on Tuesday, February 27. On Tuesday, October 24 Shares for $129,325 were sold by Stretch Colin. 1.25 million shs were sold by Koum Jan, worth $221.33 million. 55,000 Facebook, Inc. (NASDAQ:FB) shs with value of $10.07M were sold by Sandberg Sheryl.

In 2017Q4 Securities and Exchange filling is reported Los Angeles Capital Management & Equity Research Inc’s stake in Facebook Inc (FB) which was decreased by 16.19%. 409,075 shares were sold by Los Angeles Capital Management & Equity Research Inc as the company’s stock declined 14.10% with the market. At the end of 2017Q4, the 2.12M shares of the technology company held by the institutional investor were valued at $373.71 million, down from 2.53M at the end of the previous reported quarter. $477.90B is Facebook Inc’s MC. FB reached $164.83 on during the last trading session after $0.31 change.Currently Facebook, Inc. is uptrending after 8.48% change in last April 17, 2017. FB has 14.91M shares volume. FB underperformed by 3.07% the S&P 500.

Los Angeles Capital Management & Equity Research Inc operates about $15.74B and $18.32B US Long portfolio. According to a filing the fund increased its stake in Nucor Corp (NYSE:NUE) by 63,676 shares to 67,675 shares, valued at $4.30 million in 2017Q4. For a total of 931,381 shares it increased its holding in Ebay Inc (NASDAQ:EBAY) by 111,980 shares in the quarter, and has risen its stake in Amc Networks Inc (NASDAQ:AMCX).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 earnings per share, up 34.62 % or $0.36 from last year’s $1.04 per share. FB’s profit will be $4.06 billion for 29.43 P/E if the $1.40 EPS becomes a reality. After $2.20 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36 % negative EPS growth.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

In total 32 analysts cover Facebook Inc (NASDAQ:FB). “Buy” rating has 30, “Sell” are 0, while 2 are “Hold”. 94% are bullish. With $265.0 highest and $168 lowest [Target] Facebook Inc has $219.57 average [Target] or 33.21% above the current ($164.83) price. 67 are the (NASDAQ:FB)’s analyst reports since October 19, 2017 according to StockzIntelligence Inc. On Friday, October 27 the firm has “Buy” rating given by Monness Crespi & Hardt. The company rating was maintained by SunTrust on Tuesday, March 20. On Monday, April 9 the firm has “Buy” rating given by KeyBanc Capital Markets. In Wednesday, January 31 report Canaccord Genuity maintained the stock with “Buy” rating. On Monday, April 16 the firm has “Hold” rating given by BMO Capital Markets. On Thursday, February 1 the company was upgraded by Bank of America. On Thursday, November 2 the firm has “Buy” rating given by Citigroup. On Tuesday, October 31 the firm has “Buy” rating by Cowen & Co given. On Thursday, November 2 the stock of Facebook, Inc. (NASDAQ:FB) earned “Overweight” rating by KeyBanc Capital Markets. The company rating was maintained by Robert W. Baird on Monday, March 26.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: