Nwi Management LP Has Decreased Stake in Facebook Class A Ord Shs (FB) by $1.07 Million as Share Value Rose; Arrowstreet Capital Limited Partnership Stake In Constellium Nv (CSTM) Was Raised

December 18, 2017 - By Kurt Siggers

Nwi Management Lp decreased its stake in Facebook Class A Ord Shs (FB) by 4.53% based on its latest 2017Q2 regulatory filing with the SEC. Nwi Management Lp sold 7,100 shares as the company’s stock rose 10.88% with the market. The hedge fund held 149,552 shares of the technology company at the end of 2017Q2, valued at $22.58M, down from 156,652 at the end of the previous reported quarter. Nwi Management Lp who had been investing in Facebook Class A Ord Shs for a number of months, seems to be less bullish one the $523.57 billion market cap company. The stock increased 1.00% or $1.79 during the last trading session, reaching $180.18. About 28.46 million shares traded or 74.82% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 18, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Arrowstreet Capital Limited Partnership increased its stake in Constellium Nv (CSTM) by 1227.36% based on its latest 2017Q2 regulatory filing with the SEC. Arrowstreet Capital Limited Partnership bought 490,944 shares as the company’s stock declined 23.17% while stock markets rallied. The institutional investor held 530,944 shares of the metal fabrications company at the end of 2017Q2, valued at $3.66 million, up from 40,000 at the end of the previous reported quarter. Arrowstreet Capital Limited Partnership who had been investing in Constellium Nv for a number of months, seems to be bullish on the $1.33 billion market cap company. The stock increased 1.02% or $0.1 during the last trading session, reaching $9.9. About 1.34M shares traded. Constellium N.V (NYSE:CSTM) has risen 20.46% since December 18, 2016 and is uptrending. It has outperformed by 3.76% the S&P500.

Among 12 analysts covering Constellium NV (NYSE:CSTM), 8 have Buy rating, 0 Sell and 4 Hold. Therefore 67% are positive. Constellium NV had 20 analyst reports since August 6, 2015 according to SRatingsIntel. Citigroup maintained Constellium N.V (NYSE:CSTM) rating on Monday, October 5. Citigroup has “Neutral” rating and $7 target. The firm has “Market Perform” rating given on Friday, October 27 by BMO Capital Markets. The stock has “Neutral” rating by Seaport Global on Friday, September 9. BMO Capital Markets maintained it with “Market Perform” rating and $9 target in Friday, July 28 report. The firm earned “Outperform” rating on Friday, March 11 by Credit Suisse. The firm earned “Hold” rating on Friday, May 20 by Societe Generale. Cowen & Co initiated Constellium N.V (NYSE:CSTM) on Monday, September 21 with “Market Perform” rating. The firm earned “Overweight” rating on Wednesday, March 16 by JP Morgan. On Thursday, August 6 the stock rating was maintained by Deutsche Bank with “Buy”. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Hold”.

Arrowstreet Capital Limited Partnership, which manages about $55.30B and $33.03B US Long portfolio, decreased its stake in Banco Macro Sa (NYSE:BMA) by 16,801 shares to 173,478 shares, valued at $15.99M in 2017Q2, according to the filing. It also reduced its holding in Spectrum Brands Hldgs Inc (NYSE:SPB) by 14,100 shares in the quarter, leaving it with 10,700 shares, and cut its stake in Schweitzer (NYSE:SWM).

Since August 7, 2017, it had 0 insider purchases, and 37 insider sales for $950.58 million activity. 38,042 shares were sold by Schroepfer Michael Todd, worth $6.77 million on Tuesday, December 12. Another trade for 750 shares valued at $128,552 was sold by Stretch Colin. $42.50 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. Another trade for 2.95 million shares valued at $502.59 million was sold by Koum Jan. $2.59M worth of Facebook, Inc. (NASDAQ:FB) was sold by Wehner David M.. 4,699 shares were sold by FISCHER DAVID B., worth $806,019.

Investors sentiment increased to 1.4 in Q2 2017. Its up 0.05, from 1.35 in 2017Q1. It increased, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Tanaka Capital Mgmt invested in 509 shares or 0.18% of the stock. Fifth Third Bank has invested 0.98% in Facebook, Inc. (NASDAQ:FB). Fmr Lc reported 2.47% of its portfolio in Facebook, Inc. (NASDAQ:FB). Nomura Asset Mgmt Limited reported 696,691 shares or 1.42% of all its holdings. Advisor Prtnrs Limited owns 39,014 shares for 1.38% of their portfolio. Alphaone Invest Services Limited Liability Corporation owns 86,650 shares. Renaissance Group Incorporated Ltd Llc owns 222,749 shares. Horan has 10,008 shares for 0.33% of their portfolio. State Of New Jersey Common Pension Fund D holds 3.43 million shares. King Luther Cap Mngmt reported 477,109 shares. Veritable Lp owns 0.26% invested in Facebook, Inc. (NASDAQ:FB) for 76,280 shares. Baker Ellis Asset Ltd Liability reported 3,701 shares. Aspen Inv Management Inc has 6,915 shares. Cornerstone Advsr has 1.92% invested in Facebook, Inc. (NASDAQ:FB). 2.81 million are owned by C Worldwide Gp Holdg A S.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Wednesday, July 26 by Aegis Capital. Oppenheimer maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, July 30. Oppenheimer has “Outperform” rating and $110 target. The stock of Facebook, Inc. (NASDAQ:FB) has “Outperform” rating given on Friday, October 9 by Credit Suisse. The firm earned “Buy” rating on Wednesday, September 27 by Cowen & Co. On Thursday, April 28 the stock rating was maintained by Evercore with “Buy”. The rating was maintained by BMO Capital Markets with “Hold” on Monday, September 11. The firm has “Buy” rating given on Thursday, July 27 by Goldman Sachs. Global Equities Research maintained the stock with “Overweight” rating in Friday, August 28 report. Stifel Nicolaus maintained the shares of FB in report on Wednesday, July 26 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Credit Suisse on Monday, July 10.

Nwi Management Lp, which manages about $5.79B and $864.07M US Long portfolio, upped its stake in Comcast Corp (NASDAQ:CMCSA) by 250,000 shares to 1.06 million shares, valued at $41.26M in 2017Q2, according to the filing.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 EPS, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64B for 23.22 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

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