Lone Pine Capital Raised Facebook (FB) Position; 0 Bullish Analysts Covering W&T Offshore, Inc. (WTI)

November 15, 2017 - By Hazel Jackson

Lone Pine Capital Llc increased Facebook Inc (FB) stake by 20.79% reported in 2017Q2 SEC filing. Lone Pine Capital Llc acquired 1.06M shares as Facebook Inc (FB)’s stock rose 10.88%. The Lone Pine Capital Llc holds 6.17 million shares with $931.25 million value, up from 5.11M last quarter. Facebook Inc now has $517.44B valuation. The stock declined 0.54% or $0.97 reaching $177.1 on the news. About 119,087 shares traded. Facebook Inc (NASDAQ:FB) has risen 26.75% since November 15, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 4 analysts covering W&T Offshore (NYSE:WTI), 0 have Buy rating, 2 Sell and 2 Hold. Therefore 0 are positive. W&T Offshore had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The stock has “Sector Perform” rating by Iberia Capital Partners on Monday, August 17. KLR Group downgraded the shares of WTI in report on Thursday, March 10 to “Hold” rating. The firm has “Neutral” rating by Global Hunter Securities given on Thursday, August 6. The rating was downgraded by Barclays Capital to “Underweight” on Monday, October 17. The company was downgraded on Tuesday, January 19 by Capital One. See W&T Offshore, Inc. (NYSE:WTI) latest ratings:

06/07/2017 Broker: Barclays Capital Rating: Sell New Target: $1.5000

W&T Offshore, Inc. is an independent oil and natural gas producer. The company has market cap of $441.03 million. The Firm is engaged in the exploration, development and acquisition of oil and natural gas properties in the Gulf of Mexico. It has a 6.04 P/E ratio. As of December 31, 2016, the Company had interests in offshore leases covering approximately 750,000 gross acres spanning across the Outer Continental Shelf (OCS) off the coasts of Louisiana, Texas, Mississippi and Alabama.

Investors sentiment increased to 1.66 in 2017 Q2. Its up 0.30, from 1.36 in 2017Q1. It improved, as 15 investors sold W&T Offshore, Inc. shares while 17 reduced holdings. 15 funds opened positions while 38 raised stakes. 66.16 million shares or 6.77% more from 61.96 million shares in 2017Q1 were reported. D E Shaw And reported 555,845 shares. Manufacturers Life The holds 0% or 82,579 shares in its portfolio. Walleye Trading Ltd Limited Liability Company invested in 0% or 10,656 shares. Jpmorgan Chase And Company reported 0% in W&T Offshore, Inc. (NYSE:WTI). Allen Invest Mngmt Ltd Liability reported 0% in W&T Offshore, Inc. (NYSE:WTI). Employees Retirement System Of Ohio has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Wellington Mgmt Group Incorporated Ltd Liability Partnership accumulated 0% or 131,539 shares. Wells Fargo Mn has invested 0% of its portfolio in W&T Offshore, Inc. (NYSE:WTI). Aqr Management Ltd Liability Co owns 1.59 million shares or 0% of their US portfolio. Legal And General Public Limited Liability Company has invested 0% of its portfolio in W&T Offshore, Inc. (NYSE:WTI). Barclays Public Limited reported 114 shares or 0% of all its holdings. New York-based Tower Rech Ltd (Trc) has invested 0% in W&T Offshore, Inc. (NYSE:WTI). Voya Investment Ltd Llc has 42,063 shares for 0% of their portfolio. Morgan Stanley has invested 0% of its portfolio in W&T Offshore, Inc. (NYSE:WTI). Vanguard Gru Incorporated holds 1.83 million shares.

About 5,000 shares traded. W&T Offshore, Inc. (NYSE:WTI) has risen 11.39% since November 15, 2016 and is uptrending. It has underperformed by 5.31% the S&P500.

Since May 16, 2017, it had 0 insider buys, and 13 selling transactions for $145.56 million activity. Zuckerberg Mark also sold $42.50 million worth of Facebook Inc (NASDAQ:FB) shares. $2.37M worth of Facebook Inc (NASDAQ:FB) was sold by Cox Christopher K. $113,850 worth of Facebook Inc (NASDAQ:FB) was sold by Stretch Colin on Tuesday, May 30. Schroepfer Michael Todd sold $5.71 million worth of Facebook Inc (NASDAQ:FB) on Tuesday, June 13. 163,500 Facebook Inc (NASDAQ:FB) shares with value of $24.45 million were sold by Sandberg Sheryl. Desmond-Hellmann Susan had sold 209 shares worth $30,236. Wehner David M. sold $2.30 million worth of stock.

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