First National Bank Of Hutchinson Lowered Stake in Mettler Toledo International (MTD) as Stock Rose; As Facebook (FB) Share Value Rose, Shareholder Polar Securities Trimmed Stake by $4.93 Million

January 14, 2018 - By Richard Conner

Polar Securities Inc decreased its stake in Facebook Inc (FB) by 23.87% based on its latest 2017Q3 regulatory filing with the SEC. Polar Securities Inc sold 29,000 shares as the company’s stock rose 10.88% with the market. The institutional investor held 92,500 shares of the technology company at the end of 2017Q3, valued at $15.81M, down from 121,500 at the end of the previous reported quarter. Polar Securities Inc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $521.22B market cap company. The stock decreased 4.47% or $8.4 during the last trading session, reaching $179.37. About 77.55M shares traded or 356.22% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 14, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

First National Bank Of Hutchinson decreased its stake in Mettler Toledo International Inc (MTD) by 33.56% based on its latest 2017Q3 regulatory filing with the SEC. First National Bank Of Hutchinson sold 642 shares as the company’s stock rose 19.62% with the market. The institutional investor held 1,271 shares of the capital goods company at the end of 2017Q3, valued at $813,000, down from 1,913 at the end of the previous reported quarter. First National Bank Of Hutchinson who had been investing in Mettler Toledo International Inc for a number of months, seems to be less bullish one the $16.64 billion market cap company. The stock increased 1.77% or $11.34 during the last trading session, reaching $650.6. About 149,619 shares traded or 0.38% up from the average. Mettler-Toledo International Inc. (NYSE:MTD) has risen 55.25% since January 14, 2017 and is uptrending. It has outperformed by 38.55% the S&P500.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It is negative, 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. Banced Corp has invested 1.96% of its portfolio in Facebook, Inc. (NASDAQ:FB). Mcrae Management Inc has 3,054 shares. Whalerock Point Prns Limited Liability holds 1.72% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 28,433 shares. State Street has invested 1.33% in Facebook, Inc. (NASDAQ:FB). Harvest Mgmt holds 2,300 shares. Montag A Associate Inc holds 4,292 shares or 0.08% of its portfolio. Highvista Strategies Limited Liability Company holds 0.77% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 19,800 shares. Moreover, Highland Capital Management Ltd Partnership has 0.91% invested in Facebook, Inc. (NASDAQ:FB). Howard Cap Mgmt stated it has 3.5% of its portfolio in Facebook, Inc. (NASDAQ:FB). Connecticut-based Macguire Cheswick And Tuttle Invest Counsel Limited Liability Corp has invested 2.9% in Facebook, Inc. (NASDAQ:FB). Switzerland-based Dgh Invs Inc has invested 82.13% in Facebook, Inc. (NASDAQ:FB). Highlander Cap Mgmt Ltd Co accumulated 0.95% or 7,155 shares. Raymond James Finance Service Advsr Inc accumulated 448,810 shares. 138,901 were reported by Community Tru And. Dock Street Asset Management Inc stated it has 4.27% in Facebook, Inc. (NASDAQ:FB).

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 217 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Global Equities Research with “Overweight” on Friday, August 28. BMO Capital Markets maintained it with “Market Perform” rating and $125 target in Thursday, November 3 report. The firm has “Buy” rating by Stifel Nicolaus given on Thursday, January 28. The stock has “Buy” rating by Canaccord Genuity on Tuesday, September 5. The firm earned “Outperform” rating on Thursday, November 5 by RBC Capital Markets. Argus Research upgraded Facebook, Inc. (NASDAQ:FB) on Thursday, October 15 to “Buy” rating. The stock has “Outperform” rating by Credit Suisse on Thursday, November 5. The stock has “Buy” rating by Cowen & Co on Wednesday, September 27. The firm has “Buy” rating by Credit Suisse given on Monday, July 10. FBN Securities maintained the stock with “Buy” rating in Tuesday, September 26 report.

Since August 7, 2017, it had 0 insider buys, and 38 selling transactions for $950.72 million activity. Stretch Colin also sold $131,470 worth of Facebook, Inc. (NASDAQ:FB) shares. 16,000 shares were sold by Cox Christopher K, worth $2.77 million on Monday, October 9. Zuckerberg Mark had sold 249,527 shares worth $42.50 million. On Tuesday, October 10 Schroepfer Michael Todd sold $6.53M worth of Facebook, Inc. (NASDAQ:FB) or 38,058 shares. FISCHER DAVID B. also sold $8.59M worth of Facebook, Inc. (NASDAQ:FB) on Thursday, August 10. Shares for $2.59 million were sold by Wehner David M. on Monday, August 21.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 EPS, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64B for 23.11 P/E if the $1.94 EPS becomes a reality. After $1.59 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

Polar Securities Inc, which manages about $4.98B US Long portfolio, upped its stake in Ashland Global Hldgs Inc by 65,500 shares to 261,154 shares, valued at $17.08M in 2017Q3, according to the filing. It also increased its holding in Nxp Semiconductors N V (NASDAQ:NXPI) by 110,000 shares in the quarter, for a total of 155,000 shares, and has risen its stake in Global Partner Acquisition C.

Analysts await Mettler-Toledo International Inc. (NYSE:MTD) to report earnings on February, 1. They expect $5.93 EPS, up 12.31% or $0.65 from last year’s $5.28 per share. MTD’s profit will be $151.69M for 27.43 P/E if the $5.93 EPS becomes a reality. After $4.36 actual EPS reported by Mettler-Toledo International Inc. for the previous quarter, Wall Street now forecasts 36.01% EPS growth.

Since August 2, 2017, it had 0 insider buys, and 17 insider sales for $20.78 million activity. Caratsch Thomas also sold $1.75 million worth of Mettler-Toledo International Inc. (NYSE:MTD) on Friday, August 11. SPOERRY ROBERT F had sold 5,000 shares worth $3.04M on Friday, September 1. Kirk Simon also sold $507,535 worth of Mettler-Toledo International Inc. (NYSE:MTD) shares. 750 shares were sold by Magloth Christian, worth $442,500. Shares for $543,790 were sold by SALICE THOMAS P. Vadala Shawn sold 330 shares worth $190,410.

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