Churchill Management Has Raised Its Facebook Cl A (FB) Holding; Hm Payson & Company Has Cut General Electric Co (GE) Stake By $2.32 Million

May 18, 2018 - By Henry Gaston

Facebook, Inc. (NASDAQ:FB) Logo

Hm Payson & Company decreased General Electric Co (GE) stake by 18.71% reported in 2017Q4 SEC filing. Hm Payson & Company sold 136,288 shares as General Electric Co (GE)’s stock declined 23.20%. The Hm Payson & Company holds 592,022 shares with $10.33 million value, down from 728,310 last quarter. General Electric Co now has $130.54B valuation. It closed at $15.03 lastly. It is down 54.35% since May 18, 2017 and is downtrending. It has underperformed by 65.90% the S&P500.

Churchill Management Corp increased Facebook Inc Cl A (FB) stake by 3.4% reported in 2017Q4 SEC filing. Churchill Management Corp acquired 1,763 shares as Facebook Inc Cl A (FB)’s stock declined 14.10%. The Churchill Management Corp holds 53,657 shares with $9.47 million value, up from 51,894 last quarter. Facebook Inc Cl A now has $531.92 billion valuation. The stock increased 0.31% or $0.56 during the last trading session, reaching $183.76. About 13.86M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 18, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Since December 7, 2017, it had 0 insider purchases, and 54 sales for $2.31 billion activity. $2.66 million worth of stock was sold by Wehner David M. on Thursday, February 22. Shares for $121.97M were sold by Zuckerberg Mark. Shares for $7.14M were sold by Schroepfer Michael Todd on Tuesday, January 9. FISCHER DAVID B. also sold $3.29 million worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, February 27. Stretch Colin sold $2.88 million worth of stock or 16,500 shares. Another trade for 55,000 shares valued at $9.18 million was made by Sandberg Sheryl on Wednesday, April 18. On Thursday, December 7 the insider Cox Christopher K sold $2.83M.

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. California-based Firsthand Mgmt Incorporated has invested 5.85% in Facebook, Inc. (NASDAQ:FB). Greystone Managed Investments Inc reported 49,997 shares or 0.37% of all its holdings. 14,085 are held by Diversified Com. Regal Investment Advsrs Limited Liability Company holds 0.23% or 5,753 shares. Act Ii Mngmt Ltd Partnership has invested 8.41% of its portfolio in Facebook, Inc. (NASDAQ:FB). Flossbach Von Storch Ag accumulated 915,745 shares. Alpinvest Prns Bv owns 13,274 shares or 8.35% of their US portfolio. Boston Advsr Limited Liability has invested 1.88% in Facebook, Inc. (NASDAQ:FB). 73,602 are held by Natl Asset. Savings Bank Of Montreal Can owns 2.35M shares. 33,432 are owned by Drw Secs Llc. Cahill Financial owns 2,338 shares. 1,540 are owned by Financial Bank Of Nova Scotia Trust. Chevy Chase Tru Holdings stated it has 1.58% of its portfolio in Facebook, Inc. (NASDAQ:FB). 651,026 were reported by Texas Permanent School Fund.

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 earned “Outperform” rating on Thursday, November 5 by RBC Capital Markets. Bank of America upgraded the stock to “Buy” rating in Thursday, February 1 report. The rating was maintained by Needham with “Buy” on Thursday, November 2. Monness Crespi & Hardt maintained the shares of FB in report on Thursday, July 30 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, July 27 by Jefferies. The firm earned “Buy” rating on Thursday, July 30 by Goldman Sachs. The rating was maintained by Robert W. Baird on Tuesday, January 16 with “Buy”. RBC Capital Markets maintained the shares of FB in report on Friday, January 12 with “Buy” rating. The stock has “Buy” rating by Susquehanna on Thursday, February 1. Bank of America maintained the shares of FB in report on Monday, August 10 with “Buy” rating.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Thursday’s Vital Data: Facebook, Inc. (FB), Apple Inc. (AAPL) and Alibaba Group Holding Ltd (BABA)” on May 17, 2018, also 247Wallst.com with their article: “6 Most Important Things In Business Today” published on May 18, 2018, Livetradingnews.com published: “Facebook, Inc. (NASDAQ:FB) A Look Inside the Technicals” on May 17, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Livetradingnews.com and their article: “Facebook, Inc. (NASDAQ:FB) Stock Consolidating” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook’s Watch” with publication date: May 15, 2018.

Churchill Management Corp decreased Abbvie Inc Com (NYSE:ABBV) stake by 6,759 shares to 262,537 valued at $25.39M in 2017Q4. It also reduced Dowdupont Inc Com stake by 18,594 shares and now owns 271,177 shares. Hp Inc Com was reduced too.

Investors sentiment decreased to 0.5 in Q4 2017. Its down 0.19, from 0.69 in 2017Q3. It dropped, as 153 investors sold GE shares while 921 reduced holdings. 151 funds opened positions while 383 raised stakes. 4.69 billion shares or 0.29% less from 4.70 billion shares in 2017Q3 were reported. Forward Mngmt Limited reported 0.03% in General Electric Company (NYSE:GE). Matrix Asset stated it has 0.1% in General Electric Company (NYSE:GE). Old Second Retail Bank Of Aurora holds 29,699 shares. One Cap Ltd holds 0.4% or 114,267 shares in its portfolio. 23,509 are held by Windward Ca. Semper Augustus Limited Liability Corporation has 119,415 shares for 1.56% of their portfolio. Pineno Levin Ford Asset Management holds 184,489 shares or 1.34% of its portfolio. Cambridge Advsrs owns 37,009 shares for 0.23% of their portfolio. Wilkins Inv Counsel holds 0.65% or 124,778 shares. Cibc Ww Markets accumulated 2.46 million shares or 0.19% of the stock. Joel Isaacson Company Limited Liability Company reported 0.29% of its portfolio in General Electric Company (NYSE:GE). Mengis Incorporated holds 34,971 shares or 0.37% of its portfolio. Burt Wealth Advsr stated it has 0.28% in General Electric Company (NYSE:GE). Arrowstreet Cap LP holds 6.63 million shares or 0.28% of its portfolio. Monetary Gru Inc holds 0.12% or 17,077 shares.

Hm Payson & Company increased Fortive Corp Com stake by 9,662 shares to 77,721 valued at $5.62M in 2017Q4. It also upped Vantiv Inc (NYSE:VNTV) stake by 13,378 shares and now owns 81,763 shares. Amgen Inc (NASDAQ:AMGN) was raised too.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.18 earnings per share, down 35.71% or $0.10 from last year’s $0.28 per share. GE’s profit will be $1.56 billion for 20.88 P/E if the $0.18 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company has $67 highest and $1100 lowest target. $24.91’s average target is 65.74% above currents $15.03 stock price. General Electric Company had 102 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Hold” rating given on Monday, February 26 by RBC Capital Markets. The rating was maintained by RBC Capital Markets with “Buy” on Monday, July 10. The firm earned “Hold” rating on Friday, July 21 by CFRA. The stock has “Outperform” rating by William Blair on Tuesday, October 13. The rating was maintained by CFRA with “Hold” on Wednesday, January 24. The rating was maintained by RBC Capital Markets on Monday, January 25 with “Outperform”. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by Credit Suisse on Monday, November 23. The company was maintained on Monday, October 19 by Stifel Nicolaus. The firm has “Overweight” rating given on Monday, October 5 by Barclays Capital. The rating was maintained by Stifel Nicolaus on Thursday, February 15 with “Hold”.

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “General Electric: Selling Low?” on May 17, 2018, also Bizjournals.com with their article: “GE, Teradyne urge Trump administration to ditch Chinese tariffs” published on May 16, 2018, Fool.com published: “How General Electric Has Changed in the Last 2 Years” on May 16, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Seekingalpha.com and their article: “General Electric’s Death Could Be Best For Shareholders” published on April 25, 2018 as well as Seekingalpha.com‘s news article titled: “General Electric: Finally, It’s Over” with publication date: April 23, 2018.

Since January 26, 2018, it had 1 buy, and 0 sales for $43,446 activity. $43,446 worth of General Electric Company (NYSE:GE) was bought by DIMITRIEF ALEXANDER on Friday, January 26.

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