Ccm Investment Advisers Has Lifted Its Intel Corp. (INTC) Position; Columbus Circle Investors Holding In Facebook (FB) Has Decreased By $50.59 Million

August 10, 2018 -

By Rebecca Betts

Facebook, Inc. (NASDAQ:FB) Logo

Columbus Circle Investors decreased its stake in Facebook Inc (FB) by 47.4% based on its latest 2018Q1 regulatory filing with the SEC. Columbus Circle Investors sold 318,198 shares as the company’s stock declined 0.01% with the market. The hedge fund held 353,103 shares of the technology company at the end of 2018Q1, valued at $56.42 million, down from 671,301 at the end of the previous reported quarter. Columbus Circle Investors who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $521.29B market cap company. The stock decreased 1.39% or $2.54 during the last trading session, reaching $180.55. About 6.52M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since August 10, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 27/03/2018 – CNBC Wires: FACEBOOK CEO PLANS TO TESTIFY BEFORE U.S. CONGRESS ON DATA PRIVACY ISSUES; 17/05/2018 – ♫ Reuters Insider – Breakingviews TV: Female factor; 16/04/2018 – Single sign-in services from tech giants like Google and Facebook make it easy to sign in to a lot of different sites without remembering different usernames and passwords for each one; 28/03/2018 – Investors rotated out of the sector, following an uproar over the alleged misuse of Facebook users’ data by political consultants Cambridge Analytica; 20/03/2018 – FACEBOOK SAYS HAS LETTER FROM FTC WITH QUESTIONS REGARDING DATA ACQUIRED BY CAMBRIDGE ANALYTICA, BUT DOES NOT HAVE AN INDICATION OF A FORMAL PROBE; 21/03/2018 – Zuckerberg says Facebook made mistakes on user data, vows curbs; 25/04/2018 – Facebook earnings mean Facebook gets to talk about something besides Cambridge Analytica:; 18/03/2018 – Latest Facebook Dust-up Is A ‘Risk’ For Investors ‘To Keep An Eye On’: Report — Barron’s Blog; 13/04/2018 – Rep. Delaney: AI Caucus Co-Chairs: Facebook Should Clarify Plans to Use AI, Address Bias and Privacy Concerns; 30/05/2018 – Snap CEO Evan Spiegel in an interview with @KaraSwisher at #CodeCon: “Fundamentally, [Facebook is] having a really hard time changing the DNA of their company. And the DNA of their company is all about having people compete with each other online for attention

Ccm Investment Advisers Llc increased its stake in Intel Corp. (INTC) by 57.33% based on its latest 2018Q1 regulatory filing with the SEC. Ccm Investment Advisers Llc bought 58,161 shares as the company’s stock rose 12.89% while stock markets declined. The institutional investor held 159,615 shares of the semiconductors company at the end of 2018Q1, valued at $8.31M, up from 101,454 at the end of the previous reported quarter. Ccm Investment Advisers Llc who had been investing in Intel Corp. for a number of months, seems to be bullish on the $226.31 billion market cap company. The stock decreased 2.11% or $1.06 during the last trading session, reaching $49.08. About 8.02M shares traded. Intel Corporation (NASDAQ:INTC) has risen 52.90% since August 10, 2017 and is uptrending. It has outperformed by 40.33% the S&P500. Some Historical INTC News: 26/04/2018 – After watching $AMZN and $INTC surge after hours, $MSFT gets in on the action; 23/05/2018 – Institut Curie Names Intel Lead Partner to Implement High-Performance Computing and Artificial Intelligence in Accelerating Genome Sequencing and lnterpretation for Oncology; 16/05/2018 – EE Times: Samsung Lengthen Chip Sales Lead Over Intel; 21/03/2018 – Breaking Defense: Exclusive – Rethinking Intel In The Age of Trump: DNI Coats & PDNI Gordon; 08/05/2018 – Techmeme: Source: Qualcomm is exploring whether to shutter or sell its server chip business, a sector that Intel dominates (Ian; 08/03/2018 – Pioneer Equity Income Adds Chubb, Exits Intel; 20/04/2018 – Under Construction: Intel’s Largest Water Recycling Plant; 15/05/2018 – SOROS FUND MANAGEMENT – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 08/03/2018 – McAfee Closes Acquisition of TunnelBear, Enhancing Its Advanced Cybersecurity Portfolio to Protect Consumers from Device to Cloud; 11/04/2018 – CONNECTIONS™: The Premier Connected Home Conference Features Intel Keynote and Session on Independent Living and the Smart Ho

Among 57 analysts covering Intel Corporation (NASDAQ:INTC), 32 have Buy rating, 5 Sell and 20 Hold. Therefore 56% are positive. Intel Corporation had 291 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was maintained by JP Morgan with “Overweight” on Wednesday, April 20. Jefferies maintained Intel Corporation (NASDAQ:INTC) on Tuesday, October 3 with “Sell” rating. As per Friday, April 27, the company rating was maintained by Charter Equity. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, October 27. The firm has “Equal-Weight” rating given on Monday, August 6 by Barclays Capital. Deutsche Bank maintained it with “Buy” rating and $38 target in Monday, January 4 report. As per Friday, October 27, the company rating was maintained by Nomura. The stock of Intel Corporation (NASDAQ:INTC) has “Buy” rating given on Wednesday, July 12 by Wells Fargo. The stock of Intel Corporation (NASDAQ:INTC) has “Market Perform” rating given on Friday, April 27 by Bernstein. The rating was downgraded by Evercore on Tuesday, July 17 to “In-Line”.

Investors sentiment decreased to 0.76 in 2018 Q1. Its down 0.26, from 1.02 in 2017Q4. It is negative, as 76 investors sold INTC shares while 796 reduced holdings. 131 funds opened positions while 531 raised stakes. 3.00 billion shares or 1.96% less from 3.06 billion shares in 2017Q4 were reported. Edge Wealth Limited Com invested 3.42% in Intel Corporation (NASDAQ:INTC). Asset Mgmt One Ltd holds 0.9% of its portfolio in Intel Corporation (NASDAQ:INTC) for 7.65 million shares. Vestor Capital Ltd Liability Company holds 2.56% in Intel Corporation (NASDAQ:INTC) or 237,418 shares. Baker Ellis Asset Management Ltd Company has invested 0.35% in Intel Corporation (NASDAQ:INTC). Arete Wealth Advsr Ltd stated it has 24,842 shares. Bancorp Of Montreal Can, Ontario – Canada-based fund reported 6.23 million shares. Bessemer reported 203,347 shares. Berkshire Asset Mgmt Ltd Company Pa holds 455,451 shares or 2.3% of its portfolio. Schwab Charles Invest accumulated 25.06M shares. State Bank holds 236,776 shares or 1.35% of its portfolio. 869 are owned by Truepoint Incorporated. State Street accumulated 189.49M shares. Wealthcare Ltd Liability Company stated it has 444 shares. Sky Investment Group Ltd Llc reported 1.88% of its portfolio in Intel Corporation (NASDAQ:INTC). Northcoast Asset Limited Liability Corp has 15,629 shares.

More notable recent Intel Corporation (NASDAQ:INTC) news were published by: Nasdaq.com which released: “What’s in the Offing for Intel (INTC) in Q2 Earnings?” on July 24, 2018, also Seekingalpha.com with their article: “Intel: Facing Competition, But Still Strong” published on August 09, 2018, Nasdaq.com published: “Intel’s (INTC) Q2 Earnings to Ride on DCG, IoT, NAND & Cloud” on July 24, 2018. More interesting news about Intel Corporation (NASDAQ:INTC) were released by: 247Wallst.com and their article: “The 6 Most Shorted Nasdaq Stocks” published on August 10, 2018 as well as Nasdaq.com‘s news article titled: “Intel (INTC) Stock Drops Despite Beating Q2 Earnings Expectations” with publication date: July 27, 2018.

Ccm Investment Advisers Llc, which manages about $2.81 billion and $513.10M US Long portfolio, decreased its stake in Exxon Mobil Corp. (NYSE:XOM) by 12,657 shares to 68,284 shares, valued at $5.09M in 2018Q1, according to the filing. It also reduced its holding in Facebook Inc. (NASDAQ:FB) by 4,782 shares in the quarter, leaving it with 57,985 shares, and cut its stake in Nvr Inc. (NYSE:NVR).

Since February 21, 2018, it had 0 insider buys, and 14 insider sales for $9.26 million activity. 2,213 shares were sold by Rodgers Steven Ralph, worth $116,028 on Wednesday, July 25. Shares for $53,327 were sold by Shenoy Navin. Another trade for 20,000 shares valued at $1.07 million was made by HUNDT REED E on Tuesday, May 8. YOFFIE DAVID B sold $1.33 million worth of stock or 25,000 shares. McBride Kevin Thomas had sold 686 shares worth $31,943 on Wednesday, February 21. $1.89M worth of stock was sold by BRYANT ANDY D on Tuesday, May 8.

Analysts await

Facebook, Inc. (NASDAQ:FB) to report earnings on November, 7. They expect $1.48 EPS, down 6.92% or $0.11 from last year’s $1.59 per share. FB’s profit will be $4.27 billion for 30.50 P/E if the $1.48 EPS becomes a reality. After $1.74 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -14.94% negative EPS growth.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Time To Buy Facebook” on August 07, 2018, also Nasdaq.com with their article: “Facebook’s (FB) WhatsApp Tied to Lynchings in India” published on July 27, 2018, Seekingalpha.com published: “Facebook: Now A Value Stock Priced To Own” on August 06, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Extraordinary Hubris” published on August 09, 2018 as well as Nasdaq.com‘s news article titled: “Alex Jones Temporarily Banned By Facebook (FB)” with publication date: July 28, 2018.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It dived, 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. Alliancebernstein Limited Partnership has 1.89% invested in Facebook, Inc. (NASDAQ:FB). Koch Indus Inc holds 0.06% or 3,629 shares in its portfolio. Advantus Capital Mgmt Inc accumulated 245,843 shares. Regal Invest Advsr Limited Liability Co reported 0.09% of its portfolio in Facebook, Inc. (NASDAQ:FB). Tower Capital Lc (Trc) has 152 shares for 0% of their portfolio. Alabama-based Mitchell Mcleod Pugh & Williams Inc has invested 0.27% in Facebook, Inc. (NASDAQ:FB). Atalanta Sosnoff Capital Limited Liability holds 2.48% or 464,900 shares in its portfolio. Primecap Mgmt Comm Ca owns 113,700 shares. Brookstone Management has 8,781 shares. Moneta Grp Investment Advisors Limited Liability Company, Missouri-based fund reported 5,662 shares. Fincl Bank Of Montreal Can owns 3.76M shares or 0.54% of their US portfolio. Atlas Browninc owns 4,512 shares. Moreover, Centre Asset Management Limited Co has 3.26% invested in Facebook, Inc. (NASDAQ:FB) for 88,340 shares. Baldwin Brothers Ma has invested 0.25% in Facebook, Inc. (NASDAQ:FB). Moreover, Trexquant Investment Ltd Partnership has 0.05% invested in Facebook, Inc. (NASDAQ:FB).

Among 56 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 4 Hold. Therefore 89% are positive. Facebook had 291 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Sell” rating given on Friday, October 30 by Jyske Bank. KeyBanc Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 6 with “Buy” rating. Mizuho maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 5 with “Buy” rating. The firm earned “Strong Buy” rating on Friday, January 13 by Raymond James. The firm earned “Outperform” rating on Monday, July 16 by Credit Suisse. Pivotal Research maintained Facebook, Inc. (NASDAQ:FB) on Thursday, July 27 with “Hold” rating. Evercore maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Evercore has “Buy” rating and $155 target. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Cantor Fitzgerald on Thursday, August 27. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Monday, October 16. BMO Capital Markets has “Hold” rating and $170.0 target. Credit Suisse maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Credit Suisse has “Outperform” rating and $135 target.

Since February 12, 2018, it had 0 insider buys, and 100 insider sales for $4.63 billion activity. 55,000 shares were sold by Sandberg Sheryl, worth $10.28M on Monday, May 14. $221.33M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Koum Jan. 750 shares were sold by Stretch Colin, worth $149,385. The insider Zuckerberg Mark sold $91.03M. Schroepfer Michael Todd sold $7.74 million worth of stock or 37,982 shares. Shares for $1.75 million were sold by Wehner David M..

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Source : https://tokoyuri.com/2018/08/10/ccm-investment-advisers-has-lifted-its-intel-corp-intc-position-columbus-circle-investors-holding-in-facebook-fb-has-decreased-by-50-59-million/

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