Abb LTD (ABB) Valuation Rose While Diversified Investment Strategies Has Decreased Its Stake; Polen Capital Management Raised Its Facebook (FB) Position by $22.88 Million; Share Price Rose

January 19, 2018 - By Michael Collier

Polen Capital Management Llc increased its stake in Facebook Inc (FB) by 2.32% based on its latest 2017Q3 regulatory filing with the SEC. Polen Capital Management Llc bought 134,590 shares as the company’s stock rose 10.88% with the market. The institutional investor held 5.94 million shares of the technology company at the end of 2017Q3, valued at $1.01 billion, up from 5.81 million at the end of the previous reported quarter. Polen Capital Management Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $524.67 billion market cap company. The stock increased 0.42% or $0.76 during the last trading session, reaching $180.56. About 22.23M shares traded or 25.15% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 19, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Diversified Investment Strategies Llc decreased its stake in Abb Ltd (ABB) by 93.35% based on its latest 2017Q3 regulatory filing with the SEC. Diversified Investment Strategies Llc sold 137,200 shares as the company’s stock rose 9.90% with the market. The institutional investor held 9,775 shares of the electrical products company at the end of 2017Q3, valued at $242,000, down from 146,975 at the end of the previous reported quarter. Diversified Investment Strategies Llc who had been investing in Abb Ltd for a number of months, seems to be less bullish one the $58.61B market cap company. The stock increased 0.13% or $0.035 during the last trading session, reaching $28.015. About 928,921 shares traded. ABB Ltd (NYSE:ABB) has risen 23.97% since January 19, 2017 and is uptrending. It has outperformed by 7.27% the S&P500.

Analysts await ABB Ltd (NYSE:ABB) to report earnings on February, 14. They expect $0.33 earnings per share, 0.00% or $0.00 from last year’s $0.33 per share. ABB’s profit will be $690.37M for 21.22 P/E if the $0.33 EPS becomes a reality. After $0.34 actual earnings per share reported by ABB Ltd for the previous quarter, Wall Street now forecasts -2.94% negative EPS growth.

Diversified Investment Strategies Llc, which manages about $103.53M US Long portfolio, upped its stake in Schwab Strategic Tr (SCHZ) by 24,354 shares to 75,674 shares, valued at $3.96 million in 2017Q3, according to the filing.

Among 15 analysts covering ABB Ltd (NYSE:ABB), 7 have Buy rating, 2 Sell and 6 Hold. Therefore 47% are positive. ABB Ltd had 36 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, January 25, the company rating was upgraded by RBC Capital Markets. On Tuesday, September 22 the stock rating was downgraded by JP Morgan to “Underweight”. The stock of ABB Ltd (NYSE:ABB) earned “Buy” rating by Robert W. Baird on Monday, September 25. BNP Paribas downgraded the stock to “Neutral” rating in Tuesday, May 23 report. Morgan Stanley maintained ABB Ltd (NYSE:ABB) on Wednesday, April 19 with “Buy” rating. Jefferies maintained ABB Ltd (NYSE:ABB) on Tuesday, June 13 with “Sell” rating. RBC Capital Markets downgraded the shares of ABB in report on Wednesday, April 6 to “Sector Perform” rating. BNP Paribas reinitiated ABB Ltd (NYSE:ABB) on Tuesday, February 9 with “Underperform” rating. The stock has “Buy” rating by Natixis on Wednesday, February 8. As per Friday, March 24, the company rating was maintained by Morgan Stanley.

Polen Capital Management Llc, which manages about $5.08B and $12.42 billion US Long portfolio, decreased its stake in Visa Inc (NYSE:V) by 2.38 million shares to 8.04M shares, valued at $846.59M in 2017Q3, according to the filing. It also reduced its holding in Align Technology Inc (NASDAQ:ALGN) by 297,394 shares in the quarter, leaving it with 3.07M shares, and cut its stake in Alphabet Inc.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It dropped, 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. Bowling Limited Liability accumulated 14,313 shares. First Republic Investment Management invested in 1.49% or 1.21 million shares. The Missouri-based Argent Capital Management Ltd Liability has invested 2.2% in Facebook, Inc. (NASDAQ:FB). Tocqueville Asset Ltd Partnership invested 1.47% in Facebook, Inc. (NASDAQ:FB). Wealth Enhancement Advisory Limited Liability stated it has 0.17% of its portfolio in Facebook, Inc. (NASDAQ:FB). Moreover, Fisher Asset Mgmt has 0.07% invested in Facebook, Inc. (NASDAQ:FB) for 307,838 shares. F&V Management Limited reported 5,375 shares stake. 3.35 million were reported by Arrowstreet Partnership. Evergreen Cap Mgmt Ltd Liability Company holds 0.77% or 38,467 shares in its portfolio. Aimz Advisors Lc invested in 10,665 shares. King Wealth Mgmt Grp Limited Liability Corporation accumulated 2.7% or 42,499 shares. Cordasco Finance Networks owns 2,000 shares for 0.38% of their portfolio. M Inc has invested 0.81% in Facebook, Inc. (NASDAQ:FB). Marco Invest Lc owns 10,052 shares or 0.27% of their US portfolio. Omega Advisors holds 1.57% or 236,200 shares.

Since August 7, 2017, it had 0 insider buys, and 39 selling transactions for $957.86 million activity. 38,058 shares were sold by Schroepfer Michael Todd, worth $6.53M. Stretch Colin sold 750 shares worth $128,552. Zuckerberg Mark sold 254,525 shares worth $42.50M. 640,754 shares valued at $109.70 million were sold by Koum Jan on Wednesday, August 30. Wehner David M. also sold $2.59 million worth of Facebook, Inc. (NASDAQ:FB) on Monday, August 21. Shares for $2.75M were sold by FISCHER DAVID B..

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 stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by J.P. Morgan on Thursday, November 2. Deutsche Bank maintained the stock with “Buy” rating in Friday, July 21 report. Axiom Capital maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Axiom Capital has “Buy” rating and $155 target. The stock of Facebook, Inc. (NASDAQ:FB) earned “Outperform” rating by FBR Capital on Thursday, July 30. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 3 with “Market Perform” rating. The rating was maintained by KeyBanc Capital Markets on Wednesday, September 6 with “Buy”. The firm has “Buy” rating by Credit Suisse given on Wednesday, October 11. RBC Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, January 28. RBC Capital Markets has “Outperform” rating and $160 target. Wedbush maintained it with “Outperform” rating and $145 target in Thursday, April 28 report. The firm earned “Positive” rating on Monday, August 10 by Susquehanna.

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