Chickasaw Capital Management Lifted Its Valero Energy Partners LP (VLP) Stake by $2.48 Million as Share Value Declined; As Facebook (FB) Stock Value Declined, Quantum Capital Management Has Increased Holding by $559,680

May 24, 2018 - By wolcottdaily

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Chickasaw Capital Management Llc increased its stake in Valero Energy Partners Lp (VLP) by 3.76% based on its latest 2017Q4 regulatory filing with the SEC. Chickasaw Capital Management Llc bought 56,425 shares as the company’s stock declined 21.47% with the market. The hedge fund held 1.56 million shares of the natural gas distribution company at the end of 2017Q4, valued at $69.33M, up from 1.50 million at the end of the previous reported quarter. Chickasaw Capital Management Llc who had been investing in Valero Energy Partners Lp for a number of months, seems to be bullish on the $2.92 billion market cap company. The stock increased 0.17% or $0.07 during the last trading session, reaching $41.32. About 74,237 shares traded. Valero Energy Partners LP (NYSE:VLP) has declined 26.85% since May 24, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Quantum Capital Management Llc increased its stake in Facebook Inc (FB) by 15900% based on its latest 2017Q4 regulatory filing with the SEC. Quantum Capital Management Llc bought 3,180 shares as the company’s stock declined 14.10% with the market. The institutional investor held 3,200 shares of the technology company at the end of 2017Q4, valued at $565,000, up from 20 at the end of the previous reported quarter. Quantum Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $541.01B market cap company. The stock increased 1.69% or $3.1 during the last trading session, reaching $186.9. About 14.16M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 24, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “20 Stocks Hedge Fund Managers Are Buying In Bulk” on May 23, 2018, also Livetradingnews.com with their article: “Facebook (NASDAQ:FB) Under Siege, Progressives Want it Broken Up” published on May 21, 2018, Seekingalpha.com published: “Facebook: Currently Undervalued” on May 22, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Do Match Investors Need to Worry About Facebook?” published on May 20, 2018 as well as Livetradingnews.com‘s news article titled: “Facebook, Inc. (NASDAQ:FB) A Look Inside the Technicals” with publication date: May 23, 2018.

Since December 7, 2017, it had 0 insider purchases, and 56 sales for $2.39 billion activity. Shares for $39.91M were sold by Zuckerberg Mark on Wednesday, March 7. 38,043 shares were sold by Schroepfer Michael Todd, worth $6.78 million. FISCHER DAVID B. had sold 17,830 shares worth $3.29M on Tuesday, February 27. Koum Jan had sold 1.26 million shares worth $231.84 million. 16,000 shares valued at $2.83 million were sold by Cox Christopher K on Thursday, December 7. Another trade for 16,500 shares valued at $2.88M was sold by Stretch Colin.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 270 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating given on Thursday, November 3 by BMO Capital Markets. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, January 2. The company was maintained on Thursday, April 28 by JMP Securities. The rating was maintained by Axiom Capital with “Buy” on Thursday, November 5. The firm earned “Hold” rating on Thursday, July 13 by BMO Capital Markets. Cowen & Co maintained it with “Buy” rating and $200.0 target in Tuesday, October 31 report. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Needham maintained the stock with “Buy” rating in Thursday, July 27 report. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Citigroup on Monday, September 19. Wedbush reinitiated Facebook, Inc. (NASDAQ:FB) on Thursday, October 1 with “Outperform” rating.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It improved, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Creative Planning holds 0.74% or 977,947 shares. 251,896 are owned by Inv House Llc. Centurylink Investment Mngmt Com holds 25,110 shares. Fcg Ltd Co invested in 0.39% or 6,449 shares. Ferguson Wellman Capital holds 150,036 shares. Platinum Investment Management holds 0.01% or 1,940 shares. Clark Management Grp holds 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 2,834 shares. Osterweis Cap Management Inc invested in 0.47% or 37,515 shares. Mirador Cap Ltd Partnership reported 23,931 shares or 2.31% of all its holdings. 430 are held by Estabrook Capital Management. Central National Bank holds 15,738 shares. Exane Derivatives owns 3,388 shares. Covington Mngmt reported 39,017 shares. Courage Mngmt Lc owns 9,000 shares. Credit Agricole S A has invested 1.89% of its portfolio in Facebook, Inc. (NASDAQ:FB).

Investors sentiment increased to 0.9 in Q4 2017. Its up 0.01, from 0.89 in 2017Q3. It increased, as 10 investors sold VLP shares while 31 reduced holdings. 17 funds opened positions while 20 raised stakes. 19.75 million shares or 1.81% less from 20.12 million shares in 2017Q3 were reported. Hightower Advsr Lc reported 74,521 shares. Fmr Ltd holds 31,498 shares or 0% of its portfolio. Deutsche Bank & Trust Ag has 0% invested in Valero Energy Partners LP (NYSE:VLP). Tiedemann Wealth Mngmt Ltd Liability Co stated it has 0.16% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Guggenheim Capital invested in 0% or 6,886 shares. Duff And Phelps Investment Mgmt reported 302,440 shares or 0.19% of all its holdings. Cadence Cap Mgmt Ltd Liability Corporation reported 113,581 shares. Blackrock has 219,995 shares. 4,570 are held by Raymond James And Assocs. Ent Financial Svcs owns 0.01% invested in Valero Energy Partners LP (NYSE:VLP) for 532 shares. Spirit Of America Corporation, New York-based fund reported 424,190 shares. Alps Advsrs stated it has 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP). Nelson Van Denburg Campbell Wealth Mgmt Limited Liability Co stated it has 3,039 shares or 0.03% of all its holdings. Center Coast Advsr LP holds 0.54% in Valero Energy Partners LP (NYSE:VLP) or 451,855 shares. Citigroup Inc invested 0% of its portfolio in Valero Energy Partners LP (NYSE:VLP).

Chickasaw Capital Management Llc, which manages about $1.93B and $4.79B US Long portfolio, decreased its stake in Plains All American Pipeline L (NYSE:PAA) by 781,552 shares to 6.65M shares, valued at $137.34 million in 2017Q4, according to the filing. It also reduced its holding in Visa Inc Cl A (NYSE:V) by 3,601 shares in the quarter, leaving it with 51,759 shares, and cut its stake in Mplx Lp (NYSE:MPLX).

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

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