Cullen Frost Bankers Raised Sherwin (SHW) Stake; As Facebook Cl A (FB) Valuation Declined, Holder Whittier Trust Co Has Increased Holding

April 22, 2018 - By Vivian Park

The Sherwin-Williams Company (NYSE:SHW) Logo

Whittier Trust Co increased its stake in Facebook Inc Cl A (FB) by 23.77% based on its latest 2017Q4 regulatory filing with the SEC. Whittier Trust Co bought 21,524 shares as the company’s stock declined 14.10% with the market. The institutional investor held 112,093 shares of the technology company at the end of 2017Q4, valued at $19.78 million, up from 90,569 at the end of the previous reported quarter. Whittier Trust Co who had been investing in Facebook Inc Cl A for a number of months, seems to be bullish on the $482.11 billion market cap company. The stock decreased 1.08% or $1.82 during the last trading session, reaching $166.28. About 17.17M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 22, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Cullen Frost Bankers Inc increased its stake in Sherwin (SHW) by 4.07% based on its latest 2017Q4 regulatory filing with the SEC. Cullen Frost Bankers Inc bought 1,460 shares as the company’s stock declined 5.42% with the market. The institutional investor held 37,334 shares of the building materials company at the end of 2017Q4, valued at $15.31M, up from 35,874 at the end of the previous reported quarter. Cullen Frost Bankers Inc who had been investing in Sherwin for a number of months, seems to be bullish on the $36.73 billion market cap company. The stock decreased 0.96% or $3.8 during the last trading session, reaching $392.39. About 643,477 shares traded. The Sherwin-Williams Company (NYSE:SHW) has risen 26.25% since April 22, 2017 and is uptrending. It has outperformed by 14.70% the S&P500.

Since March 14, 2018, it had 0 buys, and 1 insider sale for $306,945 activity.

Investors sentiment decreased to 1.15 in Q4 2017. Its down 0.06, from 1.21 in 2017Q3. It worsened, as 43 investors sold SHW shares while 252 reduced holdings. 117 funds opened positions while 221 raised stakes. 68.54 million shares or 1.28% less from 69.43 million shares in 2017Q3 were reported. Cutter Brokerage owns 600 shares. Atlantic Tru Gru Ltd Com, a Georgia-based fund reported 245,028 shares. Exxonmobil Inv Mngmt Tx, Texas-based fund reported 13,085 shares. Principal Financial Grp Incorporated reported 1.06 million shares. Jp Marvel Invest Advsr Limited Liability Corporation reported 9,338 shares. Waratah Cap Advsrs Ltd holds 8,497 shares. Shellback Cap Lp accumulated 2.9% or 95,000 shares. Welch Llc holds 744 shares. Argent Company accumulated 876 shares. Moreover, Tiemann Invest Advsr Ltd Limited Liability Company has 1.12% invested in The Sherwin-Williams Company (NYSE:SHW) for 3,428 shares. Capital Rech holds 0.01% or 104,000 shares in its portfolio. Vantage Invest Advisors Limited Company owns 10 shares for 0% of their portfolio. Saybrook Nc, a North Carolina-based fund reported 6,200 shares. Vision holds 2% in The Sherwin-Williams Company (NYSE:SHW) or 16,804 shares. California-based Los Angeles Capital Mgmt Equity Incorporated has invested 0.19% in The Sherwin-Williams Company (NYSE:SHW).

Among 30 analysts covering Sherwin-Williams Company (NYSE:SHW), 22 have Buy rating, 0 Sell and 8 Hold. Therefore 73% are positive. Sherwin-Williams Company had 67 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Buy” rating by Evercore given on Tuesday, November 8. The firm has “Overweight” rating by KeyBanc Capital Markets given on Wednesday, October 4. Goldman Sachs maintained it with “Buy” rating and $403 target in Thursday, June 8 report. Wells Fargo maintained the stock with “Market Perform” rating in Wednesday, October 25 report. On Wednesday, October 4 the stock rating was maintained by Jefferies with “Hold”. On Friday, July 21 the stock rating was upgraded by Credit Suisse to “Buy”. Bank of America upgraded the shares of SHW in report on Thursday, October 5 to “Buy” rating. The stock of The Sherwin-Williams Company (NYSE:SHW) has “Buy” rating given on Wednesday, December 13 by RBC Capital Markets. CLSA upgraded The Sherwin-Williams Company (NYSE:SHW) on Friday, July 22 to “Buy” rating. RBC Capital Markets maintained it with “Buy” rating and $485.0 target in Sunday, January 28 report.

Cullen Frost Bankers Inc, which manages about $3.16B US Long portfolio, decreased its stake in Legacy Texas Financial Group I by 39,715 shares to 516,894 shares, valued at $21.82 million in 2017Q4, according to the filing. It also reduced its holding in Time Warner Inc Com New (NYSE:TWX) by 91,741 shares in the quarter, leaving it with 19,908 shares, and cut its stake in Clorox Co Com (NYSE:CLX).

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. Dsm Ltd Llc reported 9.44% in Facebook, Inc. (NASDAQ:FB). Nikko Asset Management Americas reported 0.64% stake. Apg Asset Management Nv has 3.28M shares. Greystone Managed Invs has invested 0.37% in Facebook, Inc. (NASDAQ:FB). Cypress Cap Gp holds 30,808 shares. Barnett & Company owns 0.13% invested in Facebook, Inc. (NASDAQ:FB) for 1,500 shares. Clough Lp reported 145,180 shares. Meyer Handelman invested 0.08% of its portfolio in Facebook, Inc. (NASDAQ:FB). Renaissance Investment Gru Ltd Liability Com reported 0.12% in Facebook, Inc. (NASDAQ:FB). Serv Automobile Association invested in 3.00M shares or 1.45% of the stock. Dimensional Fund Advsr Lp has invested 0.33% of its portfolio in Facebook, Inc. (NASDAQ:FB). 1,560 were accumulated by Stelac Advisory Services Ltd Liability. Athena Capital Lc holds 0.08% or 1,752 shares in its portfolio. Suncoast Equity Mngmt owns 111,984 shares for 5.45% of their portfolio. Aureus Asset Limited Company holds 105,471 shares or 2.88% of its portfolio.

Since October 23, 2017, it had 0 insider buys, and 41 sales for $1.41 billion activity. Another trade for 26,940 shares valued at $4.82 million was made by Schroepfer Michael Todd on Thursday, February 15. Shares for $134,125 were sold by Stretch Colin on Tuesday, December 12. The insider FISCHER DAVID B. sold $806,019. 1.25 million shares valued at $221.33 million were sold by Koum Jan on Thursday, February 15. 16,000 shares were sold by Cox Christopher K, worth $2.83M. Another trade for 55,000 shares valued at $10.07M was sold by Sandberg Sheryl.

Whittier Trust Co, which manages about $2.87 billion US Long portfolio, decreased its stake in Taiwan Semiconductor Mfg Ltdsponsored Adr (NYSE:TSM) by 23,797 shares to 38,544 shares, valued at $1.53M in 2017Q4, according to the filing. It also reduced its holding in Procter & Gamble Co Com (NYSE:PG) by 12,787 shares in the quarter, leaving it with 280,272 shares, and cut its stake in Abbott Labs Com (NYSE:ABT).

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook has $265.0 highest and $88 lowest target. $191.75’s average target is 15.32% above currents $166.28 stock price. Facebook had 254 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, July 27 by Needham. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, March 22 report. The firm earned “Sell” rating on Monday, July 31 by Pivotal Research. The rating was maintained by Canaccord Genuity on Thursday, December 1 with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, November 5 by Deutsche Bank. As per Thursday, November 3, the company rating was maintained by UBS. Pivotal Research maintained it with “Buy” rating and $157 target in Thursday, April 28 report. The firm has “Outperform” rating given on Friday, October 9 by Credit Suisse. On Monday, July 17 the stock rating was maintained by M Partners with “Buy”. Needham maintained Facebook, Inc. (NASDAQ:FB) on Tuesday, January 16 with “Buy” rating.

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

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