As Facebook (FB) Market Valuation Rose, Biondo Investment Advisors Cut Holding; Campbell Soup Co (CPB) Holder Brandywine Trust Company Has Trimmed Its Stake by $7.23 Million as Share Price Declined

January 21, 2018 - By Dolores Ford

Biondo Investment Advisors Llc decreased its stake in Facebook Inc (FB) by 2.73% based on its latest 2017Q3 regulatory filing with the SEC. Biondo Investment Advisors Llc sold 3,045 shares as the company’s stock rose 10.88% with the market. The institutional investor held 108,485 shares of the technology company at the end of 2017Q3, valued at $18.54M, down from 111,530 at the end of the previous reported quarter. Biondo Investment Advisors Llc 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 26.83 million 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.

Brandywine Trust Company decreased its stake in Campbell Soup Co (CPB) by 42.99% based on its latest 2017Q3 regulatory filing with the SEC. Brandywine Trust Company sold 157,227 shares as the company’s stock declined 4.62% while stock markets rallied. The institutional investor held 208,494 shares of the packaged foods company at the end of 2017Q3, valued at $9.76 million, down from 365,721 at the end of the previous reported quarter. Brandywine Trust Company who had been investing in Campbell Soup Co for a number of months, seems to be less bullish one the $14.24B market cap company. The stock increased 2.46% or $1.14 during the last trading session, reaching $47.39. About 2.48M shares traded. Campbell Soup Company (NYSE:CPB) has declined 12.82% since January 21, 2017 and is downtrending. It has underperformed by 29.52% the S&P500.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, April 28. RBC Capital Markets maintained the shares of FB in report on Wednesday, September 6 with “Buy” rating. Bank of America maintained Facebook, Inc. (NASDAQ:FB) on Monday, July 24 with “Buy” rating. The company was upgraded on Friday, October 27 by Monness Crespi & Hardt. FBR Capital maintained the shares of FB in report on Thursday, January 28 with “Outperform” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Sell” rating by Jyske Bank on Friday, October 30. The firm has “Buy” rating by M Partners given on Friday, May 13. The company was maintained on Thursday, August 27 by Cantor Fitzgerald. Morgan Stanley maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Morgan Stanley has “Overweight” rating and $120 target. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, November 5 by Canaccord Genuity.

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.

Investors sentiment decreased to 1.15 in Q3 2017. 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. Archford Capital Strategies Limited Liability Company invested 0.18% of its portfolio in Facebook, Inc. (NASDAQ:FB). Lodestar Investment Counsel Ltd Co Il reported 1,915 shares. Cleararc stated it has 1.57% in Facebook, Inc. (NASDAQ:FB). Moreover, Axiom Invsts Limited Com De has 4.25% invested in Facebook, Inc. (NASDAQ:FB) for 1.11M shares. Cadinha And Ltd owns 51,605 shares. The Missouri-based Parkside Bancorporation & has invested 0.14% in Facebook, Inc. (NASDAQ:FB). Us National Bank De invested in 0.39% or 712,186 shares. Farr Miller And Washington Limited Liability Corp Dc accumulated 2.01% or 123,567 shares. Franklin Street Advsrs Inc Nc invested in 71,440 shares or 2% of the stock. Capstone Limited Liability Corporation holds 0.03% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 4,600 shares. Yorktown Management And Research Company reported 1,800 shares or 0.08% of all its holdings. Alta Capital Mgmt Ltd Llc has 142,061 shares. Braun Stacey Assoc invested in 112,209 shares or 1.31% of the stock. 272,911 were accumulated by Hs Mngmt Partners Ltd. Pinebridge Invs Ltd Partnership stated it has 1.18% in Facebook, Inc. (NASDAQ:FB).

Since August 7, 2017, it had 0 insider buys, and 39 selling transactions for $957.86 million activity. $128,552 worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Stretch Colin. The insider Koum Jan sold $502.59M. The insider Schroepfer Michael Todd sold $6.77M. FISCHER DAVID B. had sold 16,298 shares worth $2.75M on Thursday, August 24. On Thursday, September 7 the insider Cox Christopher K sold $2.74 million. Shares for $2.59 million were sold by Wehner David M. on Monday, August 21.

Biondo Investment Advisors Llc, which manages about $423.40M and $363.57 million US Long portfolio, upped its stake in Intuitive Surgical Inc (NASDAQ:ISRG) by 58,111 shares to 88,194 shares, valued at $30.75 million in 2017Q3, according to the filing. It also increased its holding in Vertex Pharmaceuticals Inc (NASDAQ:VRTX) by 26,075 shares in the quarter, for a total of 29,075 shares, and has risen its stake in Exact Sciences Corp (NASDAQ:EXAS).

Analysts await Campbell Soup Company (NYSE:CPB) to report earnings on February, 16. They expect $0.82 EPS, down 9.89% or $0.09 from last year’s $0.91 per share. CPB’s profit will be $246.43M for 14.45 P/E if the $0.82 EPS becomes a reality. After $0.92 actual EPS reported by Campbell Soup Company for the previous quarter, Wall Street now forecasts -10.87% negative EPS growth.

Since October 6, 2017, it had 0 buys, and 2 sales for $420,021 activity. PERRIN CHARLES R sold $107,046 worth of Campbell Soup Company (NYSE:CPB) on Friday, October 6.

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