Facebook (FB) Market Valuation Declined While Associated Banc-Corp Increased Position; Centurylink (CTL) Stake Lifted by Gilman Hill Asset Management Llc

April 17, 2018 - By Stephen Andrade

CenturyLink, Inc. (NYSE:CTL) Logo

Gilman Hill Asset Management Llc increased its stake in Centurylink Inc (CTL) by 35.3% based on its latest 2017Q4 regulatory filing with the SEC. Gilman Hill Asset Management Llc bought 80,388 shares as the company’s stock declined 6.44% with the market. The institutional investor held 308,115 shares of the public utilities company at the end of 2017Q4, valued at $5.14M, up from 227,727 at the end of the previous reported quarter. Gilman Hill Asset Management Llc who had been investing in Centurylink Inc for a number of months, seems to be bullish on the $18.63B market cap company. The stock increased 0.31% or $0.05 during the last trading session, reaching $17.41. About 259,025 shares traded. CenturyLink, Inc. (NYSE:CTL) has declined 28.66% since April 17, 2017 and is downtrending. It has underperformed by 40.21% the S&P500.

Associated Banc-Corp increased its stake in Facebook Inc (FB) by 7.75% based on its latest 2017Q4 regulatory filing with the SEC. Associated Banc-Corp bought 8,660 shares as the company’s stock declined 14.10% with the market. The institutional investor held 120,369 shares of the technology company at the end of 2017Q4, valued at $21.24M, up from 111,709 at the end of the previous reported quarter. Associated Banc-Corp who had been investing in Facebook Inc for a number of months, seems to be bullish on the $483.41 billion market cap company. The stock increased 1.15% or $1.9 during the last trading session, reaching $166.73. About 1.47M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 17, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Since October 17, 2017, it had 0 buys, and 41 sales for $1.29 billion activity. 16,000 shares were sold by Cox Christopher K, worth $2.83M on Thursday, December 7. Sandberg Sheryl sold $10.07 million worth of stock. FISCHER DAVID B. sold $806,019 worth of stock or 4,699 shares. On Tuesday, October 24 Stretch Colin sold $129,325 worth of Facebook, Inc. (NASDAQ:FB) or 750 shares. Wehner David M. had sold 14,901 shares worth $2.66 million on Thursday, February 22. 38,104 shares were sold by Schroepfer Michael Todd, worth $6.15 million on Tuesday, April 10.

Associated Banc-Corp, which manages about $1.85B US Long portfolio, decreased its stake in Alphabet Inc by 558 shares to 24,432 shares, valued at $25.74 million in 2017Q4, according to the filing. It also reduced its holding in Celgene Corp (Put) (NASDAQ:CELG) by 143,516 shares in the quarter, leaving it with 58,900 shares, and cut its stake in Biogen Inc (NASDAQ:BIIB).

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 253 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, October 3 by KeyBanc Capital Markets. The firm has “Buy” rating given on Thursday, July 30 by Monness Crespi & Hardt. The rating was maintained by Axiom Capital on Thursday, November 3 with “Buy”. The rating was maintained by Canaccord Genuity with “Buy” on Thursday, November 3. Jefferies maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, August 30 with “Buy” rating. The firm has “Buy” rating by Robert W. Baird given on Thursday, November 30. As per Thursday, January 28, the company rating was maintained by Piper Jaffray. The firm earned “Buy” rating on Monday, January 8 by Bank of America. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Axiom Capital on Tuesday, July 28. Evercore maintained the shares of FB in report on Thursday, April 28 with “Buy” rating.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It improved, 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. Columbus Hill Capital Management Limited Partnership has 324,629 shares. Polar Capital Ltd Liability Partnership holds 3.24% or 1.78 million shares in its portfolio. Dsc Advsr Limited Partnership invested in 5,320 shares or 0.55% of the stock. Ramsay Stattman Vela And Price has 1,210 shares. 23,204 are owned by Vision Capital Mgmt. Twin Tree Mgmt Limited Partnership owns 0.06% invested in Facebook, Inc. (NASDAQ:FB) for 45,459 shares. Newbrook Advsr LP reported 2.29% of its portfolio in Facebook, Inc. (NASDAQ:FB). Natl Pension Serv holds 1.90M shares or 1.67% of its portfolio. 8,100 were accumulated by Quantres Asset Mgmt Ltd. Geode Cap Management Limited reported 25.43 million shares stake. Mckinley Cap Management Lc Delaware has 260,083 shares. Williams Jones & Associate Ltd Liability Com invested 2.54% in Facebook, Inc. (NASDAQ:FB). Chase Counsel reported 2.63% in Facebook, Inc. (NASDAQ:FB). Ftb Advsrs has 5,669 shares. Bradley Foster And Sargent Ct invested in 1.73% or 270,080 shares.

Since April 3, 2018, it had 2 insider buys, and 0 sales for $215.07 million activity.

Among 23 analysts covering Centurylink Inc. (NYSE:CTL), 7 have Buy rating, 1 Sell and 15 Hold. Therefore 30% are positive. Centurylink Inc. had 60 analyst reports since July 31, 2015 according to SRatingsIntel. Citigroup maintained the stock with “Neutral” rating in Monday, March 14 report. Raymond James downgraded CenturyLink, Inc. (NYSE:CTL) on Friday, October 28 to “Mkt Perform” rating. The firm has “Equal-Weight” rating given on Friday, December 15 by Barclays Capital. The company was initiated on Tuesday, December 13 by Suntrust Robinson. The firm has “Buy” rating by Oppenheimer given on Thursday, August 3. As per Tuesday, January 3, the company rating was upgraded by JP Morgan. The rating was initiated by Evercore on Wednesday, June 22 with “Hold”. The firm earned “Underperform” rating on Thursday, March 17 by Jefferies. The firm earned “Overweight” rating on Wednesday, December 13 by Morgan Stanley. Wells Fargo downgraded CenturyLink, Inc. (NYSE:CTL) on Tuesday, May 3 to “Market Perform” rating.

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By1 Stephen Andrade

Automatic Stock Updates

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:








Recent Posts