Martin & Company Has Lifted Holding in Union Bankshares Corp. (UBSH) by $656,280; Darsana Capital Partners LP Decreased Facebook (FB) Position by $22.00 Million as Shares Declined

April 3, 2018 - By Darrin Black

Union Bankshares Corporation (NASDAQ:UBSH) Logo

Darsana Capital Partners Lp decreased its stake in Facebook Inc (FB) by 17.24% based on its latest 2017Q4 regulatory filing with the SEC. Darsana Capital Partners Lp sold 125,000 shares as the company’s stock declined 14.10% with the market. The institutional investor held 600,000 shares of the technology company at the end of 2017Q4, valued at $105.88M, down from 725,000 at the end of the previous reported quarter. Darsana Capital Partners Lp who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $448.68 billion market cap company. The stock decreased 0.60% or $0.9389 during the last trading session, reaching $154.4511. About 4.08 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 3, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Martin & Company Inc increased its stake in Union Bankshares Corp. (UBSH) by 26.33% based on its latest 2017Q4 regulatory filing with the SEC. Martin & Company Inc bought 18,230 shares as the company’s stock declined 1.45% with the market. The institutional investor held 87,476 shares of the major banks company at the end of 2017Q4, valued at $3.16 million, up from 69,246 at the end of the previous reported quarter. Martin & Company Inc who had been investing in Union Bankshares Corp. for a number of months, seems to be bullish on the $2.41 billion market cap company. The stock increased 0.77% or $0.28 during the last trading session, reaching $36.63. About 19,814 shares traded. Union Bankshares Corporation (NASDAQ:UBSH) has risen 7.77% since April 3, 2017 and is uptrending. It has underperformed by 3.78% the S&P500.

Since December 14, 2017, it had 1 insider purchase, and 1 sale for $1.22 million activity. On Tuesday, March 13 BEALE G WILLIAM sold $1.27 million worth of Union Bankshares Corporation (NASDAQ:UBSH) or 32,064 shares.

Martin & Company Inc, which manages about $1.98 billion and $315.34M US Long portfolio, decreased its stake in Mckesson Corp. (NYSE:MCK) by 5,905 shares to 17,290 shares, valued at $2.70M in 2017Q4, according to the filing. It also reduced its holding in Smart & Final Stores Inc. (NYSE:SFS) by 72,895 shares in the quarter, leaving it with 162,720 shares, and cut its stake in Select Sector Spdr (XLB).

Among 9 analysts covering Union First Market Bankshares Corporation (NASDAQ:UBSH), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Union First Market Bankshares Corporation had 35 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Raymond James given on Monday, December 12. Brean Capital maintained the stock with “Hold” rating in Wednesday, August 2 report. On Tuesday, December 12 the stock rating was maintained by Raymond James with “Buy”. Compass Point downgraded the stock to “Sell” rating in Friday, November 18 report. Brean Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Tuesday, January 23 with “Hold” rating. Brean Capital maintained Union Bankshares Corporation (NASDAQ:UBSH) on Monday, February 5 with “Hold” rating. The firm has “Hold” rating given on Monday, October 30 by Brean Capital. The stock of Union Bankshares Corporation (NASDAQ:UBSH) earned “Hold” rating by Brean Capital on Thursday, July 20. The firm earned “Hold” rating on Wednesday, January 24 by Robert W. Baird. Sandler O’Neill maintained Union Bankshares Corporation (NASDAQ:UBSH) rating on Wednesday, January 24. Sandler O’Neill has “Hold” rating and $40.0 target.

Investors sentiment increased to 1.6 in Q4 2017. Its up 0.55, from 1.05 in 2017Q3. It improved, as 7 investors sold UBSH shares while 43 reduced holdings. 32 funds opened positions while 48 raised stakes. 30.13 million shares or 7.38% more from 28.06 million shares in 2017Q3 were reported. Systematic Financial Mgmt LP holds 214,565 shares or 0.16% of its portfolio. Proshare Advisors Ltd Llc has invested 0% in Union Bankshares Corporation (NASDAQ:UBSH). Tiaa Cref Investment Mgmt holds 198,864 shares. 2.04M were reported by Comml Bank Of Ny Mellon. Fj Cap Mngmt Ltd Company accumulated 0.18% or 40,000 shares. Thompson Siegel And Walmsley Ltd owns 312 shares. Neuberger Berman Gp Limited Liability Com has invested 0% in Union Bankshares Corporation (NASDAQ:UBSH). Moreover, First Mercantile Trust Communications has 0.02% invested in Union Bankshares Corporation (NASDAQ:UBSH). 33,996 were accumulated by Carroll Financial Assocs Inc. Goldman Sachs Group holds 0% or 58,390 shares. Wealthcare Management Limited Liability Company stated it has 0% in Union Bankshares Corporation (NASDAQ:UBSH). Credit Suisse Ag holds 0% or 57,689 shares. Vantage Inv Advsr Ltd, a Pennsylvania-based fund reported 200 shares. Moreover, Guggenheim Cap Limited Liability Co has 0.02% invested in Union Bankshares Corporation (NASDAQ:UBSH) for 248,660 shares. The Pennsylvania-based Vanguard Inc has invested 0% in Union Bankshares Corporation (NASDAQ:UBSH).

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 245 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Rosenblatt on Thursday, July 30. JMP Securities maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 3 with “Market Outperform” rating. The stock has “Buy” rating by Evercore on Thursday, April 28. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Monday, July 24 by Canaccord Genuity. The rating was downgraded by Pivotal Research on Monday, July 31 to “Sell”. The firm earned “Buy” rating on Thursday, November 2 by Mizuho. The company was maintained on Thursday, April 28 by Wedbush. The firm has “Buy” rating by Piper Jaffray given on Monday, September 4. The firm has “Buy” rating by Argus Research given on Thursday, October 8. The firm has “Overweight” rating given on Thursday, November 5 by Morgan Stanley.

Since October 3, 2017, it had 0 buys, and 39 insider sales for $1.17 billion activity. $6.77 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd. $131,470 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Tuesday, October 17. Cox Christopher K also sold $2.83 million worth of Facebook, Inc. (NASDAQ:FB) on Thursday, December 7. Another trade for 55,000 shares valued at $10.07M was made by Sandberg Sheryl on Thursday, March 15. On Tuesday, February 27 the insider FISCHER DAVID B. sold $3.29 million. $2.66 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Wehner David M..

Darsana Capital Partners Lp, which manages about $989.03M and $2.72 billion US Long portfolio, upped its stake in Autodesk Inc (NASDAQ:ADSK) by 175,000 shares to 1.85M shares, valued at $193.94M in 2017Q4, according to the filing. It also increased its holding in Gray Television Inc (NYSE:GTN) by 2.70M shares in the quarter, for a total of 6.00 million shares, and has risen its stake in Bank Amer Corp (NYSE:BAC).

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. 18,885 are owned by Douglass Winthrop Advsr. Millennium Mngmt Limited Liability Company stated it has 0.3% of its portfolio in Facebook, Inc. (NASDAQ:FB). Marketfield Asset Mngmt Limited Liability reported 2.08% of its portfolio in Facebook, Inc. (NASDAQ:FB). Philadelphia owns 2.37% invested in Facebook, Inc. (NASDAQ:FB) for 170,749 shares. Motco has invested 0.54% in Facebook, Inc. (NASDAQ:FB). Moreover, Koshinski Asset Management has 0.75% invested in Facebook, Inc. (NASDAQ:FB). 5.45M are owned by Carmignac Gestion. Savant Capital Limited Liability Corp stated it has 0.44% in Facebook, Inc. (NASDAQ:FB). Investmentaktiengesellschaft Fuer Langfristige Investoren Tgv invested 6.59% in Facebook, Inc. (NASDAQ:FB). First Merchants invested in 7,645 shares or 0.23% of the stock. Barnett owns 1,500 shares for 0.13% of their portfolio. Diversified Tru Comm accumulated 14,085 shares. Virtus Inv Advisers accumulated 0.81% or 721,237 shares. Amer Economic Planning Gp Inc Adv has 1,193 shares for 0.08% of their portfolio. Hightower Advsr Ltd Llc owns 0.69% invested in Facebook, Inc. (NASDAQ:FB) for 475,225 shares.

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