Sunday 1 July 2018

Glynn Capital Management Position in Facebook (FB) Has Boosted as Stock Value Declined; Pittenger & Anderson Decreased Csx (CSX) Holding by $461,670

CSX Corporation (NASDAQ:CSX) Logo

Pittenger & Anderson Inc decreased its stake in Csx Corp (CSX) by 14.29% based on its latest 2018Q1 regulatory filing with the SEC. Pittenger & Anderson Inc sold 8,394 shares as the company’s stock rose 15.07% while stock markets declined. The institutional investor held 50,349 shares of the railroads company at the end of 2018Q1, valued at $2.81M, down from 58,743 at the end of the previous reported quarter. Pittenger & Anderson Inc who had been investing in Csx Corp for a number of months, seems to be less bullish one the $56.32B market cap company. The stock increased 1.18% or $0.75 during the last trading session, reaching $64.34. About 1.54M shares traded. CSX Corporation (NYSE:CSX) has risen 20.25% since June 29, 2017 and is uptrending. It has outperformed by 7.68% the S&P500. Some Historical CSX News: 16/03/2018 – DOT STB: Case Title: CSX TRANSPORTATION, INC.–ACQUISITION OF OPERATING EASEMENT–GRAND TRUNK WESTERN RAILROAD COMPANY; 30/05/2018 – CSX CEO SAYS TRUCK FREIGHT NOW COSTS 10%-15% MORE THAN RAIL; 17/04/2018 – CSX 1Q REV. $2.88B, EST. $2.79B; 15/05/2018 – CSX SEES DOMESTIC COAL CONTINUING LONGTERM STRUCTURAL DECLINE; 17/05/2018 – ABC 7 News – WJLA: #BREAKING: HazMat response to leaking 1000 gallon propane tank shuts down Rockville Metro and CSX…; 13/04/2018 – DOT STB: Case Title: HGS-ATN, LLC — ACQUISTION EXEMPTIION — CSX TRANPORTATION, INC; 16/03/2018 – More than 100 ex-employees sue CSX after being fired or suspended for taking family medical leave; 29/03/2018 – DOT STB: Case Title: HGS- FCR LLC — AQUISTION EXEMPTION — CSX TRANSPORATION, INC; 15/05/2018 – CSX CFO SEES SETTING OPERATING RECORDS AT END OF 2Q AND INTO 3Q; 10/05/2018 – CSX CORP CSX.O : BAIRD RAISES TARGET PRICE TO $68 FROM $65

Glynn Capital Management Llc increased its stake in Facebook Inc. (FB) by 14.45% based on its latest 2018Q1 regulatory filing with the SEC. Glynn Capital Management Llc bought 22,414 shares as the company’s stock declined 0.01% with the market. The hedge fund held 177,559 shares of the technology company at the end of 2018Q1, valued at $28.37M, up from 155,145 at the end of the previous reported quarter. Glynn Capital Management Llc who had been investing in Facebook Inc. for a number of months, seems to be bullish on the $566.33B market cap company. The stock decreased 0.30% or $0.58 during the last trading session, reaching $195.65. About 4.94 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 29, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 26/03/2018 – Alvarez & Marsal Advises Annexair Inc. On the Refinancing of its Senior Credit Facilities; 25/04/2018 – FACEBOOK: POTENTIAL FOR `SOME IMPACT’ ON AD REVENUE FROM GDPR; 08/05/2018 – KANSAS AG: FACEBOOK RESPONDS TO STATES’ DATA PRIVACY INQUIRY; 05/04/2018 – Facebook’s Sandberg Says `A Few’ Advertisers Paused Spending; 24/04/2018 – Sen. Heller: Fox 5 Vegas: Heller Urges Facebook to Disclose Number of Nevadans Impacted by Cambridge Analytica Scandal; 19/04/2018 – Doina Chiacu: Exclusive: Facebook to put 1.5 billion users out of reach of new EU privacy law; 09/05/2018 – Facebook announced earlier this month it’s prepping a separate dating feature to live inside the core Facebook app; 29/03/2018 – N.Y. ATTORNEY GENERAL ERIC SCHNEIDERMAN SAYS FACEBOOK “HAS EXPRESSED A DESIRE TO BE VERY COOPERATIVE” WITH STATE PROBE; 20/03/2018 – Mark Zuckerberg just lost $9 billion in wealth $FB; 24/05/2018 – U.S. raises concerns about Vietnam’s proposed cybersecurity law

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It is negative, 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. Burt Wealth Advsrs reported 0.02% stake. Crescent Park Mngmt Ltd Partnership accumulated 187,215 shares or 6.53% of the stock. 198,105 were reported by Bradley Foster Sargent Ct. Bridger Mgmt Ltd Liability holds 1.69% or 174,731 shares in its portfolio. 2,100 were reported by Carlson Cap Mngmt. Polaris Greystone Group stated it has 0.24% of its portfolio in Facebook, Inc. (NASDAQ:FB). Wellcome (The) As Trustee Of The Wellcome reported 4.2% of its portfolio in Facebook, Inc. (NASDAQ:FB). Plancorp Limited Company owns 1,928 shares. Interocean Lc holds 5,488 shares. Guardian Ltd Partnership owns 5,058 shares. Becker Cap Inc holds 3,490 shares or 0.02% of its portfolio. Ny State Common Retirement Fund holds 1.35% or 6.77M shares in its portfolio. 5,612 are owned by Asset Incorporated. Coatue Ltd Liability Corporation holds 5.70 million shares. Lansdowne (Uk) Ltd Liability Partnership reported 5.6% in Facebook, Inc. (NASDAQ:FB).

Glynn Capital Management Llc, which manages about $659.77M and $447.15 million US Long portfolio, decreased its stake in Cloudera Inc. by 1.39 million shares to 464,635 shares, valued at $10.03 million in 2018Q1, according to the filing. It also reduced its holding in Pure Storage Inc. by 1.44 million shares in the quarter, leaving it with 610,203 shares, and cut its stake in Netflix (NASDAQ:NFLX).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Livetradingnews.com which released: “Facebook, Inc. (NASDAQ:FB) Proposed California Privacy Laws Could Have Major Ripple Effect” on June 29, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) DC probe could open a can of worms” published on June 28, 2018, Investorplace.com published: “Facebook (FB) Eyes Asian Market EPL Broadcasting Rights” on June 28, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Go Long Netflix Stock Despite Trade War Uncertainty” published on June 28, 2018 as well as Fool.ca‘s news article titled: “Corus Entertainment Inc. Is Channeling Google and Facebook Inc.’s (NASDAQ:FB) Model of Targeted Ads: Time to Buy?” with publication date: June 29, 2018.

Since January 9, 2018, it had 0 buys, and 77 sales for $3.61 billion activity. The insider Schroepfer Michael Todd sold 38,024 shares worth $6.94M. Sandberg Sheryl sold $8.57 million worth of stock. Another trade for 17,830 shares valued at $3.29 million was made by FISCHER DAVID B. on Tuesday, February 27. The insider Stretch Colin sold 750 shares worth $139,500. 10,600 shares were sold by Cox Christopher K, worth $2.03M. Wehner David M. had sold 4,761 shares worth $880,309.

Among 55 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 3 Hold. Therefore 91% are positive. Facebook had 275 analyst reports since July 21, 2015 according to SRatingsIntel. Susquehanna maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Susquehanna has “Positive” rating and $145 target. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by J.P. Morgan on Thursday, April 26. On Thursday, July 27 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Buy” rating on Friday, July 21 by Goldman Sachs. The firm has “Overweight” rating by Barclays Capital given on Thursday, November 5. Credit Suisse maintained it with “Buy” rating and $18000 target in Monday, July 10 report. On Thursday, November 5 the stock rating was maintained by Mizuho with “Buy”. Deutsche Bank maintained the shares of FB in report on Thursday, November 2 with “Buy” rating. The stock has “Outperform” rating by Oppenheimer on Thursday, November 2. The firm earned “Outperform” rating on Thursday, April 28 by Wedbush.

Analysts await CSX Corporation (NASDAQ:CSX) to report earnings on July, 17. They expect $0.84 EPS, up 31.25% or $0.20 from last year’s $0.64 per share. CSX’s profit will be $735.29 million for 19.15 P/E if the $0.84 EPS becomes a reality. After $0.78 actual EPS reported by CSX Corporation for the previous quarter, Wall Street now forecasts 7.69% EPS growth.

Pittenger & Anderson Inc, which manages about $1.04B and $1.14B US Long portfolio, upped its stake in Applied Matls Inc (NASDAQ:AMAT) by 13,500 shares to 48,800 shares, valued at $2.71M in 2018Q1, according to the filing. It also increased its holding in Total S A (NYSE:TOT) by 5,500 shares in the quarter, for a total of 23,500 shares, and has risen its stake in Schwab Strategic Tr (SCHE).

Investors sentiment decreased to 0.72 in 2018 Q1. Its down 0.08, from 0.8 in 2017Q4. It dropped, as 79 investors sold CSX shares while 328 reduced holdings. 93 funds opened positions while 199 raised stakes. 596.64 million shares or 1.03% less from 602.87 million shares in 2017Q4 were reported. American Incorporated holds 0.08% in CSX Corporation (NASDAQ:CSX) or 390,868 shares. First Quadrant Limited Partnership Ca stated it has 0.17% of its portfolio in CSX Corporation (NASDAQ:CSX). Lord Abbett & Com Ltd Liability Corporation holds 0.15% or 883,671 shares in its portfolio. Greenleaf Tru stated it has 0.03% in CSX Corporation (NASDAQ:CSX). Nomura Asset Mngmt Limited has 130,887 shares. The Pennsylvania-based Godshalk Welsh Capital has invested 0.75% in CSX Corporation (NASDAQ:CSX). Cetera Advisor Network Limited Liability Com reported 0.08% stake. Markston Ltd Limited Liability Company holds 174,581 shares or 1.05% of its portfolio. Cibc Ww Mkts reported 138,214 shares. State Street holds 0.16% of its portfolio in CSX Corporation (NASDAQ:CSX) for 34.46 million shares. State Of New Jersey Common Pension Fund D owns 50,000 shares. Cullinan Associate stated it has 0.22% in CSX Corporation (NASDAQ:CSX). X Ltd Llc invested 0.07% in CSX Corporation (NASDAQ:CSX). Commerce Savings Bank holds 0.05% or 65,421 shares. Essex Fincl Service Inc has invested 0.08% in CSX Corporation (NASDAQ:CSX).

More notable recent CSX Corporation (NASDAQ:CSX) news were published by: Nasdaq.com which released: “CSX Corporation Chief Financial Officer to Address UBS Global Industrials and Transportation Conference” on June 02, 2018, also Fool.com with their article: “CSX Is Shedding Assets Even as Union Pacific Does the Opposite” published on June 13, 2018, Bizjournals.com published: “CSX train derails, catches fire in Indiana” on June 18, 2018. More interesting news about CSX Corporation (NASDAQ:CSX) were released by: Globenewswire.com and their article: “CSX Corporation Chief Executive Officer to Address Deutsche Bank Global Industrials & Materials Summit” published on May 31, 2018 as well as Nasdaq.com‘s news article titled: “CSX Solicits Bids on Six Additional Rail Segments” with publication date: June 06, 2018.

Since May 2, 2018, it had 1 buying transaction, and 0 selling transactions for $299,550 activity.

CSX Corporation (NASDAQ:CSX) Institutional Positions Chart

The post Glynn Capital Management Position in Facebook (FB) Has Boosted as Stock Value Declined; Pittenger & Anderson Decreased Csx (CSX) Holding by $461,670 appeared first on Stock Market News | HillCountryTimes | Get it Today.



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