Bofi Hldg (BOFI) Holder Vertex One Asset Management Has Decreased Position by $2.07 Million as Share Value Declined; Miles Capital Has Trimmed Facebook (FB) Position as Valuation Rose

February 24, 2018 - By Marguerite Chambers

Miles Capital Inc decreased its stake in Facebook Inc (FB) by 53.8% based on its latest 2017Q3 regulatory filing with the SEC. Miles Capital Inc sold 4,433 shares as the company’s stock rose 10.88% with the market. The institutional investor held 3,807 shares of the technology company at the end of 2017Q3, valued at $651,000, down from 8,240 at the end of the previous reported quarter. Miles Capital Inc who had been investing in Facebook Inc 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 19.01M 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.

John Thiessen decreased its stake in Bofi Hldg Inc (BOFI) by 4.87% based on its latest 2017Q3 regulatory filing with the SEC. Vertex One Asset Management Inc sold 74,000 shares as the company’s stock declined 24.36% while stock markets rallied. The hedge fund run by John Thiessen held 1.45M shares of the finance company at the end of 2017Q3, valued at $41.17 million, down from 1.52 million at the end of the previous reported quarter. Vertex One Asset Management Inc who had been investing in Bofi Hldg Inc for a number of months, seems to be less bullish one the $2.40B market cap company. The stock increased 0.55% or $0.21 during the last trading session, reaching $38.38. About 498,401 shares traded. BofI Holding, Inc. (NASDAQ:BOFI) has risen 28.16% since February 24, 2017 and is uptrending. It has outperformed by 11.46% 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. Nokota Mgmt Ltd Partnership has 0.57% invested in Facebook, Inc. (NASDAQ:FB). Summit Financial Wealth Advsr Limited Liability Company invested in 0.14% or 2,196 shares. Robeco Institutional Asset Mngmt Bv, Netherlands-based fund reported 879,433 shares. Gruss & Co owns 10.88% invested in Facebook, Inc. (NASDAQ:FB) for 56,400 shares. Puzo Michael J stated it has 0.11% in Facebook, Inc. (NASDAQ:FB). Flossbach Von Storch Ag holds 624,515 shares. Bluefin Trading Lc, New York-based fund reported 66,831 shares. Strategic Wealth Advsr Group Incorporated Ltd Llc holds 0.61% or 21,820 shares in its portfolio. Agf Incorporated holds 1.03% or 552,555 shares in its portfolio. National Pension has invested 1.68% in Facebook, Inc. (NASDAQ:FB). King Luther invested in 0.82% or 547,452 shares. 166,732 were accumulated by Utd Financial Advisers Limited Liability. Willis Counsel reported 24,065 shares stake. Hm Payson And owns 18,123 shares. Nicholas Prns LP invested 0.04% in Facebook, Inc. (NASDAQ:FB).

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. As per Monday, July 24, the company rating was maintained by Bank of America. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Goldman Sachs on Thursday, July 30. Aegis Capital maintained Facebook, Inc. (NASDAQ:FB) rating on Wednesday, November 1. Aegis Capital has “Buy” rating and $215.0 target. The firm has “Overweight” rating given on Tuesday, September 27 by JP Morgan. The stock has “Buy” rating by Aegis Capital on Wednesday, July 26. Loop Capital initiated Facebook, Inc. (NASDAQ:FB) rating on Friday, September 23. Loop Capital has “Buy” rating and $165 target. The firm has “Buy” rating by Mizuho given on Thursday, July 30. The rating was maintained by Mizuho on Thursday, February 2 with “Buy”. The firm earned “Strong Buy” rating on Thursday, July 27 by Raymond James. The stock has “Outperform” rating by Robert W. Baird on Thursday, July 30.

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 insider purchases, and 35 sales for $735.05 million activity. 26,940 Facebook, Inc. (NASDAQ:FB) shares with value of $4.82 million were sold by Schroepfer Michael Todd. Stretch Colin had sold 750 shares worth $129,325. $69.56M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Zuckerberg Mark. Shares for $221.33M were sold by Koum Jan. The insider FISCHER DAVID B. sold $1.05M. Sandberg Sheryl sold $9.75 million worth of stock.

Analysts await BofI Holding, Inc. (NASDAQ:BOFI) to report earnings on April, 24. They expect $0.83 earnings per share, up 31.75% or $0.20 from last year’s $0.63 per share. BOFI’s profit will be $51.88M for 11.56 P/E if the $0.83 EPS becomes a reality. After $0.61 actual earnings per share reported by BofI Holding, Inc. for the previous quarter, Wall Street now forecasts 36.07% EPS growth.

Vertex One Asset Management Inc, which manages about $613.15 million US Long portfolio, upped its stake in Lilis Energy Inc by 87,287 shares to 7.10M shares, valued at $31.74 million in 2017Q3, according to the filing. It also increased its holding in M D C Hldgs Inc (NYSE:MDC) by 11,000 shares in the quarter, for a total of 105,176 shares, and has risen its stake in Bard C R Inc (NYSE:BCR).

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By1 Marguerite Chambers

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