As Sirius Xm Hldgs Com (SIRI) Shares Rose, Holder Liberty Capital Management Lowered Its Holding by $688,000; As Facebook (FB) Stock Declined, Holder Bank Pictet & Cie Asia LTD Lowered Holding

April 5, 2018 - By Adrian Mccoy

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Bank Pictet & Cie Asia Ltd decreased its stake in Facebook Inc (FB) by 24.62% based on its latest 2017Q4 regulatory filing with the SEC. Bank Pictet & Cie Asia Ltd sold 8,036 shares as the company’s stock declined 14.10% with the market. The institutional investor held 24,610 shares of the technology company at the end of 2017Q4, valued at $4.34M, down from 32,646 at the end of the previous reported quarter. Bank Pictet & Cie Asia Ltd who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $462.16 billion market cap company. The stock increased 2.57% or $3.9898 during the last trading session, reaching $159.0898. About 25.03M shares traded or 13.82% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 5, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Liberty Capital Management Inc decreased its stake in Sirius Xm Hldgs Inc Com (SIRI) by 91.73% based on its latest 2017Q4 regulatory filing with the SEC. Liberty Capital Management Inc sold 137,600 shares as the company’s stock rose 15.46% while stock markets declined. The institutional investor held 12,400 shares of the broadcasting company at the end of 2017Q4, valued at $68,000, down from 150,000 at the end of the previous reported quarter. Liberty Capital Management Inc who had been investing in Sirius Xm Hldgs Inc Com for a number of months, seems to be less bullish one the $28.46 billion market cap company. The stock increased 0.72% or $0.045 during the last trading session, reaching $6.335. About 6.00M shares traded. Sirius XM Holdings Inc. (NASDAQ:SIRI) has risen 21.57% since April 5, 2017 and is uptrending. It has outperformed by 10.02% the S&P500.

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 “Hold” rating by Pivotal Research on Tuesday, July 11. The firm has “Buy” rating given on Thursday, February 2 by Mizuho. Robert W. Baird maintained the shares of FB in report on Thursday, February 1 with “Buy” rating. The rating was maintained by Cowen & Co with “Buy” on Thursday, January 4. The company was downgraded on Thursday, February 2 by Pivotal Research. The rating was downgraded by Jyske Bank to “Sell” on Friday, October 30. Jefferies maintained the stock with “Buy” rating in Thursday, February 1 report. The rating was maintained by Canaccord Genuity on Tuesday, January 2 with “Buy”. On Friday, July 14 the stock rating was maintained by Cowen & Co with “Buy”. The company was maintained on Wednesday, September 6 by KeyBanc Capital Markets.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 EPS, up 34.62% or $0.36 from last year’s $1.04 per share. FB’s profit will be $4.07 billion for 28.41 P/E if the $1.40 EPS becomes a reality. After $2.20 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

Since October 3, 2017, it had 0 buys, and 39 sales for $1.17 billion activity. $3.29 million worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B.. $10.07 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Sandberg Sheryl on Thursday, March 15. Another trade for 1.25M shares valued at $221.33M was sold by Koum Jan. $2.83 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Cox Christopher K. Another trade for 245,400 shares valued at $44.94 million was sold by Zuckerberg Mark. The insider Schroepfer Michael Todd sold $6.64 million.

Investors sentiment increased to 1.21 in Q4 2017. 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. Peoples Corp stated it has 410 shares or 0.04% of all its holdings. First Personal Financial Svcs holds 0.31% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 8,916 shares. Marathon Prns Equity Lc, a New York-based fund reported 25,000 shares. Berkshire Asset Ltd Liability Pa holds 3,460 shares or 0.06% of its portfolio. Ameritas Investment Prns Inc reported 1.06% stake. Alkeon Capital Management Ltd Llc holds 1.5% in Facebook, Inc. (NASDAQ:FB) or 1.45 million shares. Country Bancorporation holds 0% or 566 shares in its portfolio. Pinnacle Wealth Mngmt Advisory Grp Incorporated Ltd Llc owns 1,292 shares or 0.13% of their US portfolio. Brandywine Tru owns 4.74% invested in Facebook, Inc. (NASDAQ:FB) for 31,605 shares. Wunderlich Managemnt reported 11,468 shares. Walter Keenan Financial Consulting Mi Adv holds 0.16% or 2,182 shares in its portfolio. Garrison Bradford Associates reported 2,300 shares or 0.34% of all its holdings. Biondo Inv Advsrs Ltd accumulated 4.91% or 110,185 shares. Moreover, Schroder Management Group Inc has 0.73% invested in Facebook, Inc. (NASDAQ:FB) for 2.51 million shares. Old Mutual Glob Investors (Uk) Ltd accumulated 0.88% or 540,223 shares.

Bank Pictet & Cie Asia Ltd, which manages about $230.78M US Long portfolio, upped its stake in Netease Inc (NASDAQ:NTES) by 1,600 shares to 4,260 shares, valued at $1.47 million in 2017Q4, according to the filing. It also increased its holding in Icici Bk Ltd (NYSE:IBN) by 150,000 shares in the quarter, for a total of 326,572 shares, and has risen its stake in Ishares Tr (INDA).

Analysts await Sirius XM Holdings Inc. (NASDAQ:SIRI) to report earnings on April, 26. They expect $0.05 EPS, up 25.00% or $0.01 from last year’s $0.04 per share. SIRI’s profit will be $224.59 million for 31.68 P/E if the $0.05 EPS becomes a reality. After $0.05 actual EPS reported by Sirius XM Holdings Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 17 analysts covering Sirius XM Holdings (NASDAQ:SIRI), 8 have Buy rating, 2 Sell and 7 Hold. Therefore 47% are positive. Sirius XM Holdings had 42 analyst reports since July 29, 2015 according to SRatingsIntel. The rating was maintained by KeyBanc Capital Markets on Friday, August 25 with “Hold”. The rating was maintained by Macquarie Research on Thursday, July 27 with “Buy”. Telsey Advisory Group maintained the shares of SIRI in report on Friday, February 3 with “Market Perform” rating. The firm earned “Buy” rating on Friday, September 18 by Gabelli. Barclays Capital maintained the stock with “Overweight” rating in Friday, August 14 report. As per Wednesday, July 29, the company rating was upgraded by Wunderlich. The firm has “Underweight” rating given on Wednesday, April 19 by Morgan Stanley. The stock of Sirius XM Holdings Inc. (NASDAQ:SIRI) earned “Hold” rating by RBC Capital Markets on Thursday, January 11. As per Thursday, March 22, the company rating was downgraded by Citigroup. The firm has “Hold” rating by Wunderlich given on Thursday, March 16.

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

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