Facebook Class A (FB) Holding Has Lifted by Crow Point Partners Llc; Hsbc Hldgs Plc (HSBC) Holder Nwq Investment Management Company Cut Its Holding as Share Price Declined

February 19, 2018 - By Michael Collier

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 $515.23B market cap company. The stock decreased 1.44% or $2.6 during the last trading session, reaching $177.36. About 21.02 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 19, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Nwq Investment Management Company Llc decreased its stake in Hsbc Hldgs Plc (HSBC) by 4.5% based on its latest 2017Q3 regulatory filing with the SEC. Nwq Investment Management Company Llc sold 20,964 shares as the company’s stock declined 1.28% while stock markets rallied. The institutional investor held 445,031 shares of the savings institutions company at the end of 2017Q3, valued at $21.99 million, down from 465,995 at the end of the previous reported quarter. Nwq Investment Management Company Llc who had been investing in Hsbc Hldgs Plc for a number of months, seems to be less bullish one the $197.36B market cap company. The stock increased 0.15% or $0.08 during the last trading session, reaching $53.83. About 1.68M shares traded. HSBC Holdings plc (NYSE:HSBC) has risen 38.28% since February 19, 2017 and is uptrending. It has outperformed by 21.58% the S&P500.

Analysts await HSBC Holdings plc (NYSE:HSBC) to report earnings on February, 20. HSBC’s profit will be $2.02 billion for 24.47 P/E if the $0.55 EPS becomes a reality. After $0.75 actual EPS reported by HSBC Holdings plc for the previous quarter, Wall Street now forecasts -26.67% negative EPS growth.

Nwq Investment Management Company Llc, which manages about $13.77 billion and $8.17B US Long portfolio, upped its stake in Taylor Morrison Home Corp (NYSE:TMHC) by 52,934 shares to 2.23M shares, valued at $49.17 million in 2017Q3, according to the filing. It also increased its holding in Cit Group Inc (NYSE:CIT) by 3.51M shares in the quarter, for a total of 3.59M shares, and has risen its stake in Astrazeneca Plc (NYSE:AZN).

Among 11 analysts covering HSBC Holdings (NYSE:HSBC), 3 have Buy rating, 2 Sell and 6 Hold. Therefore 27% are positive. HSBC Holdings had 19 analyst reports since September 30, 2015 according to SRatingsIntel. The stock has “Outperform” rating by BNP Paribas on Thursday, January 19. The firm has “Neutral” rating by Citigroup given on Tuesday, September 13. Natixis upgraded the shares of HSBC in report on Thursday, November 17 to “Neutral” rating. The firm has “Neutral” rating given on Tuesday, November 29 by Credit Suisse. The rating was downgraded by Credit Suisse to “Sell” on Tuesday, October 10. The stock of HSBC Holdings plc (NYSE:HSBC) has “” rating given on Wednesday, September 30 by UBS. On Thursday, August 4 the stock rating was upgraded by Bank of America to “Buy”. CLSA downgraded the stock to “Underperform” rating in Monday, April 25 report. Macquarie Research downgraded the shares of HSBC in report on Thursday, January 14 to “Neutral” rating. The firm has “Neutral” rating by JP Morgan given on Monday, June 27.

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 rating was maintained by Oppenheimer with “Outperform” on Thursday, November 5. KeyBanc Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, February 1. KeyBanc Capital Markets has “Overweight” rating and $245 target. RBC Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Friday, January 12. RBC Capital Markets has “Buy” rating and $230.0 target. As per Thursday, July 30, the company rating was maintained by Mizuho. The stock of Facebook, Inc. (NASDAQ:FB) earned “Outperform” rating by Credit Suisse on Thursday, April 28. Pivotal Research maintained the stock with “Hold” rating in Thursday, July 27 report. The rating was maintained by Aegis Capital on Wednesday, July 26 with “Buy”. Mizuho maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 3. Mizuho has “Buy” rating and $146 target. The firm earned “Buy” rating on Wednesday, January 31 by RBC Capital Markets. FBR Capital maintained the shares of FB in report on Thursday, January 28 with “Outperform” rating.

Crow Point Partners Llc, which manages about $937.00M and $624.59 million US Long portfolio, decreased its stake in Frontier Communications Corporation Class B by 3.96 million shares to 136,075 shares, valued at $1.68 million in 2017Q3, according to the filing. It also reduced its holding in Comerica Incorporated (NYSE:CMA) by 4,103 shares in the quarter, leaving it with 1,000 shares, and cut its stake in Chunghwa Telecom Co. Ltd Sponsored Adr (NYSE:CHT).

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. Northwestern Mutual Wealth Mngmt Co owns 207,587 shares for 0.25% of their portfolio. Partnervest Advisory Service Llc holds 0.69% or 8,340 shares in its portfolio. Tiemann Investment Ltd Llc reported 3,843 shares stake. Fulton Natl Bank Na owns 0.71% invested in Facebook, Inc. (NASDAQ:FB) for 56,106 shares. Westover Capital Advsr Lc has 4,363 shares for 0.44% of their portfolio. Shellback Limited Partnership holds 2.01% or 130,280 shares in its portfolio. 264,636 were reported by Newbrook Advsr L P. Baillie Gifford & Company has 4.85% invested in Facebook, Inc. (NASDAQ:FB) for 22.43M shares. State Farm Mutual Automobile Ins accumulated 2.27M shares or 0.52% of the stock. Allen Lc has 0.49% invested in Facebook, Inc. (NASDAQ:FB). Calamos Wealth Management Ltd Liability Com stated it has 27,315 shares or 0.65% of all its holdings. Pax Ww Mngmt Ltd Liability Corporation stated it has 19,660 shares or 0.19% of all its holdings. Jennison Associate Limited Liability Corporation has 19.84M shares. Aureus Asset Ltd Liability Company invested 2.86% of its portfolio in Facebook, Inc. (NASDAQ:FB). Summit Wealth invested in 0.14% or 2,196 shares.

Since August 21, 2017, it had 0 insider purchases, and 34 sales for $515.32 million activity. Wehner David M. sold 15,470 shares worth $2.59 million. 117,829 shares were sold by Zuckerberg Mark, worth $21.25M. Stretch Colin also sold $131,470 worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, October 17. The insider Sandberg Sheryl sold $9.75 million. On Thursday, December 7 Cox Christopher K sold $2.83 million worth of Facebook, Inc. (NASDAQ:FB) or 16,000 shares. Another trade for 5,587 shares valued at $1.05 million was sold by FISCHER DAVID B..

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: