Bloom Tree Partners Increased Its Facebook (FB) Holding by $20.60 Million; Market Value Declined; Bank Montreal Que (BMO) Shareholder State Of Wisconsin Investment Board Trimmed Its Position by $1.65 Million

April 25, 2018 - By Richard Conner

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State Of Wisconsin Investment Board decreased its stake in Bank Montreal Que (BMO) by 5.44% based on its latest 2017Q4 regulatory filing with the SEC. State Of Wisconsin Investment Board sold 20,600 shares as the company’s stock declined 5.54% with the market. The institutional investor held 358,335 shares of the commercial banks company at the end of 2017Q4, valued at $28.77 million, down from 378,935 at the end of the previous reported quarter. State Of Wisconsin Investment Board who had been investing in Bank Montreal Que for a number of months, seems to be less bullish one the $46.73 billion market cap company. The stock increased 0.29% or $0.22 during the last trading session, reaching $75.63. About 409,032 shares traded. Bank of Montreal (NYSE:BMO) has risen 0.84% since April 25, 2017 and is uptrending. It has underperformed by 10.71% the S&P500.

Alok Agrawal increased its stake in Facebook Inc (FB) by 44.17% based on its latest 2017Q4 regulatory filing with the SEC. Bloom Tree Partners Llc bought 117,071 shares as the company’s stock declined 14.10% with the market. The hedge fund run by Alok Agrawal held 382,130 shares of the technology company at the end of 2017Q4, valued at $67.43M, up from 265,059 at the end of the previous reported quarter. Bloom Tree Partners Llc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $463.00 billion market cap company. It closed at $159.69 lastly. It is down 8.48% since April 25, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Analysts await Bank of Montreal (NYSE:BMO) to report earnings on May, 23. They expect $1.68 earnings per share, up 15.86% or $0.23 from last year’s $1.45 per share. BMO’s profit will be $1.04 billion for 11.25 P/E if the $1.68 EPS becomes a reality. After $1.68 actual earnings per share reported by Bank of Montreal for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Among 13 analysts covering Bank Of Montreal (NYSE:BMO), 4 have Buy rating, 0 Sell and 9 Hold. Therefore 31% are positive. Bank Of Montreal had 29 analyst reports since August 4, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Credit Suisse on Tuesday, October 4. Macquarie Research upgraded the shares of BMO in report on Thursday, February 15 to “Outperform” rating. The stock of Bank of Montreal (NYSE:BMO) earned “Sector Perform” rating by RBC Capital Markets on Thursday, May 25. The stock of Bank of Montreal (NYSE:BMO) earned “Hold” rating by Canaccord Genuity on Thursday, May 26. The firm has “Underweight” rating by Barclays Capital given on Wednesday, December 2. The firm earned “Neutral” rating on Tuesday, November 1 by Bank of America. The stock has “Hold” rating by TD Securities on Thursday, May 26. Scotia Capital downgraded the stock to “Sector Perform” rating in Thursday, May 26 report. The rating was downgraded by Credit Suisse on Tuesday, March 8 to “Neutral”. Canaccord Genuity upgraded Bank of Montreal (NYSE:BMO) on Wednesday, December 7 to “Buy” rating.

State Of Wisconsin Investment Board, which manages about $36.44 billion US Long portfolio, upped its stake in Abbvie Inc (NYSE:ABBV) by 89,155 shares to 1.71 million shares, valued at $165.66M in 2017Q4, according to the filing. It also increased its holding in Philip Morris Intl Inc (NYSE:PM) by 71,598 shares in the quarter, for a total of 1.96 million shares, and has risen its stake in Illumina Inc (NASDAQ:ILMN).

Since October 26, 2017, it had 0 insider purchases, and 41 sales for $1.42 billion activity. Shares for $8.57M were sold by Sandberg Sheryl. $6.94 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd on Tuesday, March 13. $3.29 million worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B. on Tuesday, February 27. The insider Koum Jan sold $221.33 million. Stretch Colin sold $134,821 worth of stock. Another trade for 14,901 shares valued at $2.66 million was made by Wehner David M. on Thursday, February 22.

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. L S has 2.86% invested in Facebook, Inc. (NASDAQ:FB) for 105,897 shares. Ccm Advisers Limited Liability Com holds 2.13% or 62,767 shares in its portfolio. Hm Payson And Commerce reported 0.15% stake. Waratah Advsrs Limited stated it has 2.65% in Facebook, Inc. (NASDAQ:FB). National Bank Of Nova Scotia invested 0.55% in Facebook, Inc. (NASDAQ:FB). Levin Capital Strategies LP accumulated 7,051 shares. 38,891 are owned by Chem Bancorp. Brookstone Cap Mgmt holds 8,440 shares. Ems Cap LP has invested 9.97% in Facebook, Inc. (NASDAQ:FB). Ameritas Inv Ptnrs owns 1.06% invested in Facebook, Inc. (NASDAQ:FB) for 135,181 shares. Quinn Opportunity Prtn Limited Liability Corp invested in 2.41% or 82,810 shares. Professional Advisory Serv invested 3.67% in Facebook, Inc. (NASDAQ:FB). Da Davidson And holds 62,785 shares. North Carolina-based Sterling Ltd Liability has invested 0.07% in Facebook, Inc. (NASDAQ:FB). Financial Engines Advisors Ltd Limited Liability Company holds 343 shares.

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