Stifel Nicolaus Downgrades Facebook (FB) to Hold

Mindy Sparks
January 13, 2018

The stock's average target of $185.96 is 3.49% above today's ($179.69) share price. Nuveen Mortgage Opportunity Term Fund 2 (JMT) has 0.00% since January 12, 2017 and is. It has outperformed by 40.63% the S&P500. Estabrook Capital Mngmt invested in 0% or 125 shares. The institutional investor held 472,722 shares of the technology company at the end of 2017Q3, valued at $80.77M, up from 426,053 at the end of the previous reported quarter. Macguire Cheswick & Tuttle Inv Counsel Ltd Limited Liability Company reported 86,439 shares. Insiders sold 4,182,199 shares of company stock valued at $752,724,430 in the last quarter. About 49.55M shares traded or 212.19% up from the average.

Wells Fargo & Co reaffirmed their outperform rating on shares of Facebook (NASDAQ:FB) in a report released on Monday morning, The Fly reports. (NASDAQ:FB). Gilder Gagnon Howe Limited Liability reported 1.91 million shares.

Ratings analysis reveals 92% of Facebook's analysts are positive. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. Finally, Canaccord Genuity reissued a "buy" rating and set a $150.00 price target on shares of Facebook in a research note on Wednesday, December 21st. Rosenblatt maintained the stock with "Buy" rating in Thursday, November 5 report. Pacific Crest reinitiated Facebook, Inc. (NASDAQ:FB) has "Outperform" rating given on Monday, April 18 by Credit Suisse. Morgan Stanley set a $200.00 target price on shares of Facebook and gave the company a "buy" rating in a research note on Thursday, November 2nd. Mizuho maintained Facebook, Inc. Wedbush reinitiated Facebook, Inc. (NASDAQ:FB) earned "Buy" rating by Needham on Thursday, July 27. Vetr upgraded Facebook from a "buy" rating to a "strong-buy" rating and set a $210.43 target price for the company in a report on Wednesday. Mitchell Capital Management Co.'s holdings in Facebook were worth $11,780,000 as of its most recent SEC filing. On Tuesday, September 26 the stock rating was maintained by FBN Securities with "Buy". M Partners has "Buy" rating and $18000 target. (NASDAQ:FB) has "Buy" rating given on Thursday, April 28 by Monness Crespi.

The institutional investors in our partner's database reported: 1.63 billion shares, up from 1.62 billion shares in 2017Q2. The firm has a market capitalization of $545,620.00, a PE ratio of 34.90, a PEG ratio of 1.06 and a beta of 0.68. It is negative, as 53 investors sold FB shares while 618 reduced holdings. Hartford Financial Management Inc. raised its position in shares of Facebook by 1.1% in the 2nd quarter. Gemmer Asset Mgmt Limited Company invested in 0.24% or 3,752 shares. Rmb Mgmt Ltd Com accumulated 68,755 shares. Cypress Capital Group reported 32,870 shares stake. Moreover, Perritt Capital Management Inc has 0.8% invested in the company for 142,300 shares.

Dgh Investments Inc. holds 82.13% of its portfolio in Facebook, Inc. for 107,292 shares. Jefferies maintained Facebook, Inc. (NASDAQ:FB). Montrusco Bolton reported 116,250 shares. South Dakota Invest Council invested 0.31% in Facebook, Inc. Hartford Financial Management Inc. now owns 1,488 shares of the social networking company's stock worth $224,000 after buying an additional 16 shares during the period. 69,569,270 shares of the company's stock were exchanged, compared to its average volume of 14,124,000. Wealthcare Management has invested 0.01% in Facebook, Inc. (NASDAQ:FB). Foxhaven Asset Lp stated it has 512,559 shares. 500 were accumulated by Barnett &. New Jersey-based Quadrant Capital Mngmt Limited Liability Company has invested 2.45% in Facebook, Inc. Following the completion of the sale, the vice president now directly owns 89,916 shares of the company's stock, valued at approximately $15,504,215.88. Everence Mgmt Incorporated has 49,157 shares. (NASDAQ:FB). Honeywell Intl Incorporated owns 200,000 shares or 1.2% of their U.S. portfolio.


Since August 7, 2017, it had 0 insider purchases, and 38 selling transactions for $950.72 million activity. Shares for $123,160 were sold by Stretch Colin on Tuesday, September 26. 248,984 shares were sold by Zuckerberg Mark, worth $42.50 million on Monday, August 14. The insider Cox Christopher K sold $2.77 million. (NASDAQ:FB) for 2.51 million shares.

Analysts await Facebook, Inc.

FB has been the topic of several research reports. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year's $1.24 per share. FB's profit will be $5.64 billion for 23.16 P/E if the $1.94 EPS becomes a reality. During the same period last year, the firm earned $1.09 earnings per share. research analysts forecast that Facebook Inc will post 5.86 EPS for the current fiscal year.

Generation Investment Management Llp, which manages about $10.41B US Long portfolio, decreased its stake in Deere & Co (NYSE:DE) by 325,880 shares to 3.13 million shares, valued at $393.37 million in 2017Q3, according to the filing. BlackRock Inc. now owns 138,877,313 shares of the social networking company's stock worth $20,967,696,000 after purchasing an additional 4,032,727 shares in the last quarter. UBS maintained it with "Buy" rating and $208.0 target in Thursday, November 2 report. The firm earned "Positive" rating on Thursday, April 28 by Susquehanna. The firm has "Focus List" rating given on Tuesday, July 21 by Bank of America. The rating was maintained by Goldman Sachs with "Buy" on Thursday, April 28. As per Friday, October 30, the company rating was downgraded by Jyske Bank. The stock of JD.com, Inc. The firm has "Hold" rating given on Thursday, July 13 by BMO Capital Markets.

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