As Facebook Classa (FB) Market Value Rose, Waters Parkerson & Company Has Trimmed Its Stake; As Lawson Prods (LAWS) Share Price Declined, Kdi Capital Partners Has Decreased Holding by $1.70 Million

February 25, 2018 - By Winifred Garcia

Kdi Capital Partners Llc decreased its stake in Lawson Prods Inc (LAWS) by 15.76% based on its latest 2017Q3 regulatory filing with the SEC. Kdi Capital Partners Llc sold 68,034 shares as the company’s stock declined 25.05% while stock markets rallied. The hedge fund held 363,778 shares of the consumer durables company at the end of 2017Q3, valued at $9.17 million, down from 431,812 at the end of the previous reported quarter. Kdi Capital Partners Llc who had been investing in Lawson Prods Inc for a number of months, seems to be less bullish one the $207.54M market cap company. The stock decreased 1.48% or $0.35 during the last trading session, reaching $23.35. About 3,454 shares traded. Lawson Products, Inc. (NASDAQ:LAWS) has risen 4.61% since February 25, 2017 and is uptrending. It has underperformed by 12.09% the S&P500.

Waters Parkerson & Company decreased its stake in Facebook Inc Classa (FB) by 3.01% based on its latest 2017Q3 regulatory filing with the SEC. Waters Parkerson & Company sold 7,078 shares as the company’s stock rose 10.88% with the market. The institutional investor held 227,713 shares of the technology company at the end of 2017Q3, valued at $38.91 million, down from 234,791 at the end of the previous reported quarter. Waters Parkerson & Company who had been investing in Facebook Inc Classa for a number of months, seems to be less bullish one the $532.46B market cap company. 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 25, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

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. The firm earned “Buy” rating on Friday, August 11 by Tigress Financial. The company was maintained on Wednesday, November 1 by Aegis Capital. On Thursday, February 1 the stock rating was upgraded by Bank of America to “Buy”. BMO Capital Markets maintained the shares of FB in report on Thursday, July 13 with “Hold” rating. The firm has “Buy” rating by Jefferies given on Thursday, November 3. Needham maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 27 with “Buy” rating. The firm earned “Buy” rating on Monday, January 25 by Suntrust Robinson. The company was maintained on Thursday, November 5 by Credit Suisse. Robert W. Baird maintained Facebook, Inc. (NASDAQ:FB) rating on Tuesday, October 17. Robert W. Baird has “Buy” rating and $185.0 target. FBR Capital maintained it with “Outperform” rating and $130 target in Thursday, January 28 report.

Waters Parkerson & Company, which manages about $1.24B and $1.13 billion US Long portfolio, upped its stake in Glaxosmithkline Plcf Sponsored (NYSE:GSK) by 8,466 shares to 252,832 shares, valued at $10.27M in 2017Q3, according to the filing. It also increased its holding in Chevron Corporation (NYSE:CVX) by 4,987 shares in the quarter, for a total of 248,581 shares, and has risen its stake in Philip Morris Intl (NYSE:PM).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on May, 2. They expect $1.40 earnings per share, 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 earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -36.36% negative EPS growth.

Since August 24, 2017, it had 0 buys, and 34 selling transactions for $734.93 million activity. Sandberg Sheryl had sold 55,000 shares worth $9.75 million on Wednesday, February 14. $39.03 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. Cox Christopher K sold $2.73M worth of stock or 16,000 shares. Schroepfer Michael Todd sold $6.64M worth of stock. 16,298 Facebook, Inc. (NASDAQ:FB) shares with value of $2.75 million were sold by FISCHER DAVID B.. $109.70M worth of Facebook, Inc. (NASDAQ:FB) was sold by Koum Jan on Wednesday, August 30.

Investors sentiment decreased to 1.15 in 2017 Q3. Its down 0.25, from 1.4 in 2017Q2. It dropped, 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. Whitnell owns 1,000 shares for 0.07% of their portfolio. Ws Mngmt Lllp has invested 2.31% in Facebook, Inc. (NASDAQ:FB). Honeywell Intl Inc owns 200,000 shares. Corda Invest Ltd Liability Corp reported 7,747 shares or 0.17% of all its holdings. Eqis holds 0.15% or 16,279 shares. Philadelphia Trust Communication invested 2.33% in Facebook, Inc. (NASDAQ:FB). Gm Advisory Group holds 1.06% or 20,290 shares. The Singapore-based Bankshares Pictet & Cie (Asia) Limited has invested 2.63% in Facebook, Inc. (NASDAQ:FB). Ing Groep Nv has 1.08% invested in Facebook, Inc. (NASDAQ:FB). Security Natl stated it has 0.73% of its portfolio in Facebook, Inc. (NASDAQ:FB). Plante Moran Financial Ltd invested in 0.56% or 5,514 shares. Hartford Finance Mngmt accumulated 1,488 shares or 0.13% of the stock. Forbes J M & Limited Liability Partnership reported 45,376 shares or 1.93% of all its holdings. Moreover, Selkirk Mngmt Lc has 2.52% invested in Facebook, Inc. (NASDAQ:FB) for 27,000 shares. Livingston Group Asset Mngmt (Operating As Southport Cap Management) reported 6,947 shares or 0.51% of all its holdings.

Kdi Capital Partners Llc, which manages about $454.13 million and $299.27M US Long portfolio, upped its stake in Mart Stores Inc by 22,719 shares to 42,219 shares, valued at $2.79 million in 2017Q3, according to the filing. It also increased its holding in Watsco Inc (NYSE:WSO) by 24,774 shares in the quarter, for a total of 51,829 shares, and has risen its stake in Dollar General Corp (NYSE:DG).

Among 3 analysts covering Lawson Products Inc (NASDAQ:LAWS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Lawson Products Inc had 6 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, November 2 by Barrington. KeyBanc Capital Markets initiated Lawson Products, Inc. (NASDAQ:LAWS) on Tuesday, July 21 with “Overweight” rating. KeyBanc Capital Markets maintained Lawson Products, Inc. (NASDAQ:LAWS) on Monday, October 16 with “Hold” rating. The company was downgraded on Friday, July 22 by Barrington Research. As per Friday, September 15, the company rating was maintained by KeyBanc Capital Markets.

Investors sentiment decreased to 1.29 in 2017 Q3. Its down 0.30, from 1.59 in 2017Q2. It dropped, as 4 investors sold LAWS shares while 17 reduced holdings. 7 funds opened positions while 20 raised stakes. 5.72 million shares or 0.54% more from 5.69 million shares in 2017Q2 were reported. California Pub Employees Retirement System, California-based fund reported 8,832 shares. Gamco Investors Et Al stated it has 0.03% in Lawson Products, Inc. (NASDAQ:LAWS). Macquarie Group reported 0% in Lawson Products, Inc. (NASDAQ:LAWS). 12,986 were reported by Menta Ltd Company. Gabelli Funds Ltd Llc reported 96,000 shares. Kdi Prtnrs Ltd Liability, a North Carolina-based fund reported 363,778 shares. The Massachusetts-based Cadence Mgmt Ltd has invested 0.11% in Lawson Products, Inc. (NASDAQ:LAWS). Bancshares Of America Corp De invested in 300 shares or 0% of the stock. Prelude Lc stated it has 0% in Lawson Products, Inc. (NASDAQ:LAWS). Royal National Bank Of Canada accumulated 0% or 480 shares. Bnp Paribas Arbitrage owns 575 shares. Renaissance Ltd stated it has 23,800 shares. Jpmorgan Chase & holds 377 shares. Jacobs Levy Equity Management holds 13,133 shares or 0.01% of its portfolio. Zacks Mngmt holds 0.02% of its portfolio in Lawson Products, Inc. (NASDAQ:LAWS) for 27,354 shares.

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By1 Winifred Garcia

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