Farallon Capital Management Has Decreased Facebook (FB) Stake By $77.22 Million; Contrarian Capital Management Has Increased By $1.21 Million Its Ternium Sa (TX) Stake

February 24, 2018 - By Jacob Smith

Contrarian Capital Management Llc increased Ternium Sa (TX) stake by 3.55% reported in 2017Q3 SEC filing. Contrarian Capital Management Llc acquired 40,167 shares as Ternium Sa (TX)’s stock rose 9.85%. The Contrarian Capital Management Llc holds 1.17M shares with $36.26 million value, up from 1.13 million last quarter. Ternium Sa now has $7.20B valuation. The stock decreased 0.03% or $0.01 during the last trading session, reaching $36.68. About 219,051 shares traded. Ternium S.A. (NYSE:TX) has risen 39.67% since February 24, 2017 and is uptrending. It has outperformed by 22.97% the S&P500.

Farallon Capital Management Llc decreased Facebook Inc (FB) stake by 19.68% reported in 2017Q3 SEC filing. Farallon Capital Management Llc sold 454,235 shares as Facebook Inc (FB)’s stock rose 10.88%. The Farallon Capital Management Llc holds 1.85M shares with $316.79M value, down from 2.31 million last quarter. Facebook Inc now has $532.46B valuation. The stock increased 2.40% or $4.3 during the last trading session, reaching $183.29. About 19.01 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Farallon Capital Management Llc increased General Communication Inc (NASDAQ:GNCMA) stake by 1.00M shares to 1.64M valued at $67.05 million in 2017Q3. It also upped Wabtec Corp (NYSE:WAB) stake by 1.23 million shares and now owns 4.44M shares. Citrix Sys Inc (NASDAQ:CTXS) was raised too.

Among 54 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 236 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, April 28 the stock rating was maintained by Deutsche Bank with “Buy”. JMP Securities maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. JMP Securities has “Market Outperform” rating and $147 target. The firm has “Buy” rating given on Monday, July 24 by Bank of America. Rosenblatt maintained the stock with “Buy” rating in Thursday, July 30 report. On Thursday, November 5 the stock rating was maintained by Pivotal Research with “Buy”. BMO Capital Markets maintained the stock with “Hold” rating in Monday, October 16 report. On Thursday, November 5 the stock rating was maintained by Barclays Capital with “Overweight”. Cantor Fitzgerald maintained Facebook, Inc. (NASDAQ:FB) on Tuesday, October 31 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Thursday, January 28. The company was reinitiated on Thursday, October 1 by Wedbush.

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 $4.07B for 32.73 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.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It worsened, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Discovery Capital Limited Liability Corporation Ct holds 1.97% or 483,600 shares. Fisher Asset Management Lc has 0.07% invested in Facebook, Inc. (NASDAQ:FB) for 307,838 shares. Alpha Cubed Invests Limited Co holds 1.4% or 54,382 shares in its portfolio. Welch And Forbes Ltd, a Massachusetts-based fund reported 212,300 shares. New York-based Tiaa Cref Inv Management Llc has invested 1.86% in Facebook, Inc. (NASDAQ:FB). Blue Cap holds 27,359 shares or 2.87% of its portfolio. Mitsubishi Ufj Holding invested in 3.12% or 3,820 shares. Moreover, Quantitative Investment Mngmt Lc has 0.06% invested in Facebook, Inc. (NASDAQ:FB) for 30,100 shares. Kames Cap Public Limited Company has 962,066 shares. 102,358 were accumulated by Old Comml Bank In. 52,800 are owned by De Burlo Gru Inc. Lau Assoc Lc holds 9,950 shares. Altfest L J & Co invested in 0.77% or 9,217 shares. Harvest Cap Mngmt holds 2,300 shares or 0.15% of its portfolio. Valley National Advisers Incorporated has invested 0.14% in Facebook, Inc. (NASDAQ:FB).

Since August 24, 2017, it had 0 insider buys, and 35 sales for $735.05 million activity. Zuckerberg Mark had sold 247,147 shares worth $42.50 million on Thursday, September 7. 750 shares valued at $129,738 were sold by Stretch Colin on Tuesday, October 10. Another trade for 55,000 shares valued at $9.75M was made by Sandberg Sheryl on Wednesday, February 14. Cox Christopher K had sold 16,000 shares worth $2.77 million on Monday, October 9. 38,042 shares were sold by Schroepfer Michael Todd, worth $6.77M on Tuesday, December 12. FISCHER DAVID B. sold $806,019 worth of Facebook, Inc. (NASDAQ:FB) on Thursday, October 26. Koum Jan sold $109.70 million worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, August 30.

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