Winch Advisory Services Lowered Its Facebook Com Cl A (FB) Position by $4.74 Million; Shares Declined; Delta Air Lines Del (DAL) Shareholder Pinnacle Associates LTD Boosted Position

May 26, 2018 - By Darrin Black

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Pinnacle Associates Ltd increased its stake in Delta Air Lines Inc Del (DAL) by 192.07% based on its latest 2017Q4 regulatory filing with the SEC. Pinnacle Associates Ltd bought 150,079 shares as the company’s stock declined 3.16% with the market. The institutional investor held 228,217 shares of the transportation company at the end of 2017Q4, valued at $12.78M, up from 78,138 at the end of the previous reported quarter. Pinnacle Associates Ltd who had been investing in Delta Air Lines Inc Del for a number of months, seems to be bullish on the $39.05B market cap company. The stock increased 2.70% or $1.47 during the last trading session, reaching $55.87. About 7.60M shares traded or 9.05% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.70% since May 26, 2017 and is uptrending. It has outperformed by 6.15% the S&P500.

Winch Advisory Services Llc decreased its stake in Facebook Inc Com Cl A (FB) by 50.6% based on its latest 2017Q4 regulatory filing with the SEC. Winch Advisory Services Llc sold 13,455 shares as the company’s stock declined 14.10% with the market. The institutional investor held 13,136 shares of the technology company at the end of 2017Q4, valued at $4.64 million, down from 26,591 at the end of the previous reported quarter. Winch Advisory Services Llc who had been investing in Facebook Inc Com Cl A for a number of months, seems to be less bullish one the $535.28B market cap company. The stock decreased 0.54% or $1.01 during the last trading session, reaching $184.92. About 9.79M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 26, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Since December 15, 2017, it had 1 buying transaction, and 11 selling transactions for $17.85 million activity. 25,000 shares were sold by Bastian Edward H, worth $1.38M. 3,350 Delta Air Lines, Inc. (NYSE:DAL) shares with value of $200,193 were bought by BLAKE FRANCIS S. Another trade for 894 shares valued at $50,511 was sold by Smith Joanne D. $948,750 worth of Delta Air Lines, Inc. (NYSE:DAL) shares were sold by West W Gilbert. Another trade for 10,783 shares valued at $604,333 was made by Sear Steven M on Monday, December 18. HAUENSTEIN GLEN W sold 31,600 shares worth $1.76 million.

Pinnacle Associates Ltd, which manages about $6.31B and $5.20 billion US Long portfolio, decreased its stake in International Speedway Corp (NASDAQ:ISCA) by 32,505 shares to 310,116 shares, valued at $12.36 million in 2017Q4, according to the filing. It also reduced its holding in Discovery Communicatns New (NASDAQ:DISCK) by 209,860 shares in the quarter, leaving it with 2.13M shares, and cut its stake in Madison Square Garden Co New.

Among 20 analysts covering Delta Air Lines (NYSE:DAL), 20 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Air Lines had 76 analyst reports since August 3, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Thursday, August 17. The firm earned “Buy” rating on Thursday, March 29 by Stephens. The company was maintained on Monday, January 8 by Cowen & Co. As per Friday, January 13, the company rating was maintained by Cowen & Co. The firm has “Buy” rating given on Thursday, July 13 by Stifel Nicolaus. Cowen & Co maintained the shares of DAL in report on Wednesday, July 6 with “Outperform” rating. UBS maintained the stock with “Buy” rating in Monday, August 3 report. The rating was maintained by Imperial Capital with “Hold” on Tuesday, July 11. Morgan Stanley maintained Delta Air Lines, Inc. (NYSE:DAL) rating on Friday, July 14. Morgan Stanley has “Overweight” rating and $62 target. The company was maintained on Friday, September 22 by Stifel Nicolaus.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Investorplace.com which released: “Boeing Corporation Stock Is Ready for Takeoff” on May 25, 2018, also Bizjournals.com with their article: “Southwest, Delta lash out at one another over use of Dallas Love Field gates” published on May 21, 2018, Seekingalpha.com published: “Delta And Navigating An Oligopoly (Podcast)” on May 08, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Bizjournals.com and their article: “Dallas proposes policy that could resolve Southwest-Delta dispute at Love Field” published on May 09, 2018 as well as Bizjournals.com‘s news article titled: “With two new routes, Frontier Airlines takes on Delta at RDU” with publication date: May 01, 2018.

Investors sentiment decreased to 1.11 in Q4 2017. Its down 0.04, from 1.15 in 2017Q3. It turned negative, as 54 investors sold DAL shares while 267 reduced holdings. 104 funds opened positions while 251 raised stakes. 583.95 million shares or 0.88% less from 589.14 million shares in 2017Q3 were reported. 72,266 were accumulated by Cadence Limited Co. Texas-based Bbt Management Limited Liability Corp has invested 1.28% in Delta Air Lines, Inc. (NYSE:DAL). 6,450 are owned by Horizon Kinetics Limited Liability Corp. Fjarde Ap owns 3,300 shares. Hl Serv Ltd Company owns 67,055 shares. Veritable Ltd Partnership accumulated 23,151 shares. Oppenheimer & Communications, a New York-based fund reported 100,302 shares. Horizon Invests Ltd Liability Corporation reported 12,305 shares. Management Va has invested 2.68% in Delta Air Lines, Inc. (NYSE:DAL). Advisors Asset Mgmt invested in 0.04% or 40,714 shares. Bnp Paribas Asset Holding holds 0.15% in Delta Air Lines, Inc. (NYSE:DAL) or 322,946 shares. Lee Danner And Bass Inc holds 0.63% in Delta Air Lines, Inc. (NYSE:DAL) or 110,575 shares. Altfest L J And reported 0.08% in Delta Air Lines, Inc. (NYSE:DAL). Commonwealth Comml Bank Of Aus owns 301,568 shares for 0.17% of their portfolio. Compton Cap Ri reported 21,385 shares.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 EPS, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98 billion for 26.88 P/E if the $1.72 EPS becomes a reality. After $1.69 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 270 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Tuesday, January 2 by Canaccord Genuity. The rating was maintained by RBC Capital Markets on Thursday, April 28 with “Outperform”. The company was maintained on Tuesday, October 31 by Cowen & Co. Needham maintained it with “Buy” rating and $215.0 target in Thursday, November 2 report. On Thursday, November 5 the stock rating was maintained by Nomura with “Buy”. As per Thursday, April 28, the company rating was maintained by Pivotal Research. The firm has “Outperform” rating given on Thursday, November 3 by Wells Fargo. The firm earned “Buy” rating on Tuesday, August 18 by M Partners. William Blair maintained the shares of FB in report on Thursday, July 20 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, April 28 by Stifel Nicolaus.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It is positive, 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. Bridger Mngmt Lc holds 2.04% or 174,731 shares in its portfolio. Meridian Invest Counsel stated it has 0.23% of its portfolio in Facebook, Inc. (NASDAQ:FB). Hayek Kallen Investment Management owns 1,450 shares. Communications Of Vermont holds 0.97% or 59,343 shares. 108,500 were reported by Markel Corp. Annex Advisory Ltd Liability stated it has 0.05% of its portfolio in Facebook, Inc. (NASDAQ:FB). Mirador Capital Ptnrs Limited Partnership holds 2.31% in Facebook, Inc. (NASDAQ:FB) or 23,931 shares. Gateway Inv Advisers Limited Liability holds 1.35 million shares or 2.02% of its portfolio. Maryland Capital Management holds 0.1% or 3,806 shares in its portfolio. Haverford reported 4,371 shares or 0.02% of all its holdings. Atlas Browninc accumulated 0.15% or 4,529 shares. Toth Advisory has 0.25% invested in Facebook, Inc. (NASDAQ:FB) for 5,962 shares. Scharf Investments Lc invested 0.03% in Facebook, Inc. (NASDAQ:FB). Blue Edge Capital Ltd Liability has 0.96% invested in Facebook, Inc. (NASDAQ:FB). Fifth Third Bankshares reported 907,631 shares.

Since December 7, 2017, it had 0 buys, and 56 insider sales for $2.39 billion activity. 38,043 shares valued at $6.78 million were sold by Schroepfer Michael Todd on Tuesday, May 8. Another trade for 16,000 shares valued at $2.83 million was made by Cox Christopher K on Thursday, December 7. The insider FISCHER DAVID B. sold 5,587 shares worth $1.05M. $2.66 million worth of stock was sold by Wehner David M. on Thursday, February 22. 55,000 shares were sold by Sandberg Sheryl, worth $8.57M. Another trade for 1.25M shares valued at $221.33 million was sold by Koum Jan.

Winch Advisory Services Llc, which manages about $228.69M and $166.32M US Long portfolio, upped its stake in Ishares Msci Emerging Mkts Etf (EEM) by 12,407 shares to 79,169 shares, valued at $3.73M in 2017Q4, according to the filing. It also increased its holding in Bank Of America Corp Com (NYSE:BAC) by 47,255 shares in the quarter, for a total of 49,467 shares, and has risen its stake in Ishares Nasdaq Biotechnology Etf (IBB).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook: Valuation Update After Quarterly Results With DCF Model” on May 21, 2018, also 247Wallst.com with their article: “How Facebook Is Breaking Into the Crypto Trade” published on May 12, 2018, Livetradingnews.com published: “Facebook, Inc. (NASDAQ:FB) Stock Consolidating” on May 24, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “The Future of the Internet Is Decentralization, Not Blockchain” published on May 25, 2018 as well as Nasdaq.com‘s news article titled: “Thursday’s Vital Data: Facebook, Inc. (FB), Apple Inc. (AAPL) and Alibaba Group Holding Ltd (BABA)” with publication date: May 17, 2018.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart

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