Hillman Co Has Decreased Stake in Facebook INC (FB) by $4.94 Million as Share Price Declined

September 16, 2018 - By Megan Stone

Facebook, Inc. (NASDAQ:FB) LogoInvestors sentiment increased to 1.09 in Q2 2018. Its up 0.22, from 0.87 in 2018Q1. It increased, as 78 investors sold FB shares while 660 reduced holdings. 187 funds opened positions while 614 raised stakes. 1.66 billion shares or 0.70% more from 1.65 billion shares in 2018Q1 were reported. 1,680 are owned by Founders Limited Liability Corporation. Oarsman Capital Inc stated it has 3,821 shares. Cordasco Fincl Networks reported 1,100 shares or 0.21% of all its holdings. Weatherly Asset Mgmt LP invested in 1.01% or 22,378 shares. Ratan Cap Mgmt LP owns 30,000 shares. Lansdowne Ptnrs (Uk) Llp reported 3.39M shares or 6.28% of all its holdings. Carlson Mngmt holds 0.11% or 2,102 shares in its portfolio. Pointstate Lp holds 1.36M shares. Forbes J M & Com Llp invested in 2.04% or 46,978 shares. Umb Bank N A Mo holds 0.81% or 131,160 shares. West Chester Cap Advsrs holds 1.88% in Facebook, Inc. (NASDAQ:FB) or 7,189 shares. Massmutual Company Fsb Adv holds 0% or 52,273 shares. Brown Advisory has 2.17% invested in Facebook, Inc. (NASDAQ:FB) for 3.64M shares. 4,386 are held by Hyman Charles D. Logan Cap Management holds 157,121 shares.

Since March 14, 2018, it had 0 insider buys, and 96 sales for $4.08 billion activity. On Wednesday, June 20 Wehner David M. sold $2.00M worth of Facebook, Inc. (NASDAQ:FB) or 10,000 shares. The insider Sandberg Sheryl sold $9.66M. $130.10 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. On Monday, May 14 Koum Jan sold $231.84M worth of Facebook, Inc. (NASDAQ:FB) or 1.26M shares. Cox Christopher K had sold 10,600 shares worth $2.23 million on Monday, July 23. $822,440 worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B. on Wednesday, April 25.

Hillman Co decreased its stake in Facebook Inc (FB) by 11.12% based on its latest 2018Q2 regulatory filing with the SEC. Hillman Co sold 25,457 shares as the company’s stock declined 15.80% while stock markets rallied. The institutional investor held 203,448 shares of the technology company at the end of 2018Q2, valued at $39.53 million, down from 228,905 at the end of the previous reported quarter. Hillman Co who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $468.65B market cap company. The stock increased 0.59% or $0.96 during the last trading session, reaching $162.32. About 21.77M shares traded. Facebook, Inc. (NASDAQ:FB) has declined 6.34% since September 16, 2017 and is downtrending. It has underperformed by 21.96% the S&P500.

Hillman Co, which manages about $359.87M US Long portfolio, upped its stake in Apollo Global Management Llc (NYSE:APO) by 99,405 shares to 677,448 shares, valued at $21.59M in 2018Q2, according to the filing.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on November, 7. They expect $1.48 earnings per share, down 6.92 % or $0.11 from last year’s $1.59 per share. FB’s profit will be $4.27B for 27.42 P/E if the $1.48 EPS becomes a reality. After $1.74 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -14.94 % negative EPS growth.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook, Shame And Profits: The Long Thesis” on September 13, 2018, also Seekingalpha.com with their article: “Facebook: More Red Flags” published on September 06, 2018, Nasdaq.com published: “What’s Next For Facebook (FB) Stock One Month After Its Historic Decline?” on August 28, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Twitter Is Still a Powerfully Aggressive Stock” published on September 14, 2018 as well as Seekingalpha.com‘s news article titled: “What The FB Is Going On Here?” with publication date: September 09, 2018.

Facebook, Inc. (NASDAQ:FB) Ratings Coverage

Among 30 analysts covering Facebook Inc (NASDAQ:FB), 25 have Buy rating, 0 Sell and 5 Hold. Therefore 83% are positive. Facebook Inc has $275 highest and $168 lowest target. $217.54’s average target is 34.02% above currents $162.32 stock price. Facebook Inc had 56 analyst reports since March 19, 2018 according to SRatingsIntel. Nomura downgraded Facebook, Inc. (NASDAQ:FB) on Thursday, July 26 to “Neutral” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Strong Buy” rating by Raymond James on Thursday, April 26. The rating was maintained by Canaccord Genuity on Monday, March 26 with “Buy”. Barclays Capital maintained the stock with “Overweight” rating in Friday, July 13 report. As per Thursday, March 22, the company rating was maintained by Cowen & Co. Oppenheimer maintained the stock with “Buy” rating in Thursday, April 26 report. On Thursday, April 26 the stock rating was maintained by Credit Suisse with “Outperform”. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by SunTrust on Tuesday, March 20. The stock has “Outperform” rating by Credit Suisse on Friday, April 20. The stock of Facebook, Inc. (NASDAQ:FB) has “Outperform” rating given on Thursday, April 26 by Wedbush.

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

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