As Facebook (FB) Valuation Declined, Riggs Asset Managment Company Has Decreased Its Holding by $312,800; Tnb Financial Stake in Aflac (AFL) Has Raised by $1.50 Million

Facebook, Inc. (NASDAQ:FB) Logo

Riggs Asset Managment Company decreased its stake in Facebook Inc (FB) by 83.01% based on its latest 2018Q1 regulatory filing with the SEC. Riggs Asset Managment Company sold 1,955 shares as the company’s stock declined 0.01% with the market. The institutional investor held 400 shares of the technology company at the end of 2018Q1, valued at $64,000, down from 2,355 at the end of the previous reported quarter. Riggs Asset Managment Company who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $543.24 billion market cap company. The stock increased 1.04% or $1.93 during the last trading session, reaching $187.67. About 12.80M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since May 31, 2017 and is uptrending. It has outperformed by 9.12% the S&P500.

Tnb Financial increased its stake in Aflac Inc (AFL) by 67.67% based on its latest 2018Q1 regulatory filing with the SEC. Tnb Financial bought 34,768 shares as the company’s stock declined 0.09% with the market. The institutional investor held 86,148 shares of the accident &health insurance company at the end of 2018Q1, valued at $3.77M, up from 51,380 at the end of the previous reported quarter. Tnb Financial who had been investing in Aflac Inc for a number of months, seems to be bullish on the $35.27B market cap company. The stock increased 2.22% or $0.99 during the last trading session, reaching $45.56. About 3.90M shares traded or 4.55% up from the average. Aflac Incorporated (NYSE:AFL) has risen 21.38% since May 31, 2017 and is uptrending. It has outperformed by 8.81% the S&P500.

Another recent and important Aflac Incorporated (NYSE:AFL) news was published by Seekingalpha.com which published an article titled: “Aflac: Excellent Management Offers 50% Upside” on May 17, 2018.

Among 22 analysts covering Aflac Incorporated (NYSE:AFL), 5 have Buy rating, 2 Sell and 15 Hold. Therefore 23% are positive. Aflac Incorporated has $100.0 highest and $7 lowest target. $66.15’s average target is 45.19% above currents $45.56 stock price. Aflac Incorporated had 60 analyst reports since August 12, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of AFL in report on Monday, July 10 with “Sell” rating. The company was upgraded on Thursday, April 6 by Bank of America. Bruyette & Woods;KBW; KBW” upgraded the shares of AFL in report on Thursday, August 27 to “Mkt Perform” rating. The company was maintained on Monday, December 5 by Deutsche Bank. The company was maintained on Tuesday, March 27 by JP Morgan. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, February 2. As per Monday, May 23, the company rating was downgraded by Sandler O’Neill. The company was maintained on Tuesday, March 20 by Keefe Bruyette & Woods. Bank of America maintained Aflac Incorporated (NYSE:AFL) rating on Monday, March 26. Bank of America has “Neutral” rating and $49 target. The stock has “Underperform” rating by Bank of America on Friday, September 8.

Investors sentiment increased to 7.76 in 2018 Q1. Its up 6.70, from 1.06 in 2017Q4. It increased, as 56 investors sold AFL shares while 35 reduced holdings. 82 funds opened positions while 624 raised stakes. 1.00 billion shares or 291.45% more from 256.45 million shares in 2017Q4 were reported. Cornercap Inv Counsel Incorporated reported 0.91% of its portfolio in Aflac Incorporated (NYSE:AFL). Greatmark Invest Prtnrs Inc holds 6.12% or 383,969 shares. Tru Com Of Vermont stated it has 0.17% in Aflac Incorporated (NYSE:AFL). 6,400 were accumulated by Covington Mgmt. Palladium Prns Lc holds 0.21% or 65,260 shares. Regions Corporation reported 0.13% in Aflac Incorporated (NYSE:AFL). Parsec Financial Mngmt holds 1% of its portfolio in Aflac Incorporated (NYSE:AFL) for 336,021 shares. Novare Capital Management Ltd Liability has invested 0.87% of its portfolio in Aflac Incorporated (NYSE:AFL). Comm Commercial Bank reported 324,607 shares. Investec Asset Mngmt North America reported 45,848 shares. Rockland Trust Company, Massachusetts-based fund reported 19,490 shares. Fincl Bank Of Hawaii holds 0.02% or 5,310 shares. Farmers & Merchants Invests Incorporated invested in 153,679 shares. Moreover, Keybank National Association Oh has 0.07% invested in Aflac Incorporated (NYSE:AFL) for 252,942 shares. Bridgeway Cap Mgmt reported 0.54% stake.

Since February 16, 2018, it had 2 insider buys, and 4 sales for $2.81 million activity. 2,000 shares were bought by Lloyd Karole, worth $178,090 on Tuesday, February 20. 2,648 Aflac Incorporated (NYSE:AFL) shares with value of $239,194 were sold by HOWARD JUNE P. $2.24 million worth of Aflac Incorporated (NYSE:AFL) shares were sold by AMOS DANIEL P. The insider TILLMAN AUDREY B sold $117,123. On Tuesday, February 20 MOSKOWITZ JOSEPH L bought $49,022 worth of Aflac Incorporated (NYSE:AFL) or 550 shares.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Livetradingnews.com which released: “Facebook, Inc. (NASDAQ:FB) Bulls in Favor” on May 30, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) Stock Consolidating” published on May 24, 2018, Nasdaq.com published: “Thursday’s Vital Data: Facebook, Inc. (FB), Apple Inc. (AAPL) and Alibaba Group Holding Ltd (BABA)” on May 17, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: 247Wallst.com and their article: “How Facebook Is Breaking Into the Crypto Trade” published on May 12, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook: Valuation Update After Quarterly Results With DCF Model” with publication date: May 21, 2018.

Since December 7, 2017, it had 0 insider buys, and 56 sales for $2.39 billion activity. The insider Sandberg Sheryl sold $8.57 million. On Thursday, February 15 the insider Koum Jan sold $221.33M. Shares for $6.78M were sold by Schroepfer Michael Todd on Tuesday, May 8. 5,138 shares were sold by FISCHER DAVID B., worth $822,440 on Wednesday, April 25. 14,901 shares were sold by Wehner David M., worth $2.66M on Thursday, February 22. Stretch Colin also sold $134,821 worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, December 19.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It dropped, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Boyd Watterson Asset Ltd Llc Oh holds 0.12% or 1,522 shares. California Pub Employees Retirement owns 5.22M shares. Groesbeck Investment Mngmt Corporation Nj invested 0.39% of its portfolio in Facebook, Inc. (NASDAQ:FB). Fragasso has invested 0.2% in Facebook, Inc. (NASDAQ:FB). Mogy Joel R Investment Counsel has 2.24% invested in Facebook, Inc. (NASDAQ:FB). Camarda Fincl Advsrs Limited Liability Company invested in 0.02% or 140 shares. Sageworth Trust owns 188 shares. Burney holds 88,591 shares. Kcm Llc holds 2.88% in Facebook, Inc. (NASDAQ:FB) or 296,701 shares. 6,586 were reported by Lakeview Prtn Limited Com. Northcoast Asset Management Limited Liability Com reported 26,371 shares. Partnervest Advisory Lc reported 9,378 shares. Hap Trading Limited Liability Corporation accumulated 161,421 shares. Polen Cap Management Limited accumulated 4.33% or 3.82 million shares. Boston Advsrs Lc holds 1.6% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 390,970 shares.

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