Frontier Investment Mgmt Company Has Trimmed Facebook (FB) Stake by $355,640; Valuation Rose; Viad (VVI) Stake Maintained by Algert Global Llc

February 19, 2018 - By Peter Erickson

Frontier Investment Mgmt Company decreased its stake in Facebook Inc (FB) by 15.01% based on its latest 2017Q3 regulatory filing with the SEC. Frontier Investment Mgmt Company sold 2,092 shares as the company’s stock rose 10.88% with the market. The institutional investor held 11,849 shares of the technology company at the end of 2017Q3, valued at $2.03 million, down from 13,941 at the end of the previous reported quarter. Frontier Investment Mgmt Company who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $515.23 billion market cap company. The stock decreased 1.44% or $2.6 during the last trading session, reaching $177.36. About 21.02M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 19, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Peter Algert increased its stake in Viad Corp (VVI) by 84.19% based on its latest 2017Q3 regulatory filing with the SEC. Algert Global Llc bought 12,510 shares as the company’s stock declined 8.89% while stock markets rallied. The hedge fund run by Peter Algert held 27,370 shares of the business services company at the end of 2017Q3, valued at $1.67M, up from 14,860 at the end of the previous reported quarter. Algert Global Llc who had been investing in Viad Corp for a number of months, seems to be bullish on the $1.08B market cap company. The stock increased 1.54% or $0.8 during the last trading session, reaching $52.85. About 114,722 shares traded or 6.60% up from the average. Viad Corp (NYSE:VVI) has risen 43.02% since February 19, 2017 and is uptrending. It has outperformed by 26.32% the S&P500.

Investors sentiment is 0.94 in 2017 Q3. Its the same as in 2017Q2. It is without change, as 14 investors sold VVI shares while 51 reduced holdings. only 23 funds opened positions while 38 raised stakes. 17.49 million shares or 0.05% more from 17.48 million shares in 2017Q2 were reported. Citigroup owns 12,716 shares. Timessquare Capital Management Limited Liability Corp reported 405,840 shares. Brandywine Glob Investment Limited Liability Co owns 77,377 shares. Reinhart reported 0.28% stake. Nationwide Fund Advsrs holds 33,042 shares or 0.01% of its portfolio. California State Teachers Retirement Systems reported 32,639 shares or 0% of all its holdings. Texas Permanent School Fund owns 14,899 shares. Barclays Plc has invested 0% in Viad Corp (NYSE:VVI). Morgan Stanley reported 75,860 shares stake. Bancorp Of New York Mellon Corporation, a New York-based fund reported 363,428 shares. Emerald Mutual Fund Advisers owns 3,527 shares. Principal owns 167,517 shares or 0.01% of their US portfolio. Legal & General Grp Public Ltd owns 39,484 shares for 0% of their portfolio. Atlantic Trust Group Incorporated Llc accumulated 31,333 shares. Sei Investments holds 0.01% or 24,147 shares.

Algert Global Llc, which manages about $1.01B and $437.35M US Long portfolio, decreased its stake in M/I Homes Inc (NYSE:MHO) by 43,182 shares to 37,455 shares, valued at $1.00 million in 2017Q3, according to the filing. It also reduced its holding in Zix Corp (NASDAQ:ZIXI) by 205,720 shares in the quarter, leaving it with 51,112 shares, and cut its stake in Alliance Res Partner LP (NASDAQ:ARLP).

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It fall, 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. Plancorp Ltd Limited Liability Company owns 0.1% invested in Facebook, Inc. (NASDAQ:FB) for 1,949 shares. Mogy Joel R Invest Counsel Inc owns 90,295 shares for 2.57% of their portfolio. Plante Moran Fincl Advsr Ltd Liability Corp invested in 5,514 shares or 0.56% of the stock. Allen Ops Ltd Llc has 3,248 shares. Mercer Advisers Inc has invested 0.2% in Facebook, Inc. (NASDAQ:FB). Wealthfront accumulated 0.6% or 265,729 shares. 141,439 are owned by Oppenheimer Asset Mgmt Inc. Ubs Asset Management Americas has 1.87% invested in Facebook, Inc. (NASDAQ:FB) for 12.03 million shares. Farallon Management Limited Liability Company holds 2.82% or 1.85 million shares in its portfolio. Archon Prtnrs Limited Liability Corp has invested 2.62% in Facebook, Inc. (NASDAQ:FB). Pinnacle Prns Incorporated has 3,561 shares for 0.08% of their portfolio. Monroe Bancshares And Trust Mi holds 0.01% or 127 shares. First Midwest Bancshares Trust Division owns 46,709 shares or 0.97% of their US portfolio. Chilton Cap Lc reported 1.68% of its portfolio in Facebook, Inc. (NASDAQ:FB). Cohen And Steers Incorporated holds 19,892 shares.

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. Deutsche Bank maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Deutsche Bank has “Buy” rating and $125 target. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, February 1. BMO Capital Markets has “Hold” rating and $175.0 target. The rating was maintained by Mizuho with “Buy” on Tuesday, September 19. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Cantor Fitzgerald on Friday, July 21. The stock has “Buy” rating by Needham on Wednesday, September 27. On Thursday, November 3 the stock rating was maintained by JMP Securities with “Market Outperform”. Canaccord Genuity maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 3. Canaccord Genuity has “Buy” rating and $160 target. The rating was maintained by Deutsche Bank on Thursday, July 30 with “Buy”. The stock has “Overweight” rating by Morgan Stanley on Monday, October 2. On Thursday, April 28 the stock rating was maintained by Jefferies with “Buy”.

Since August 21, 2017, it had 0 buys, and 34 insider sales for $515.32 million activity. Stretch Colin also sold $127,573 worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, October 3. On Monday, August 21 Wehner David M. sold $2.59M worth of Facebook, Inc. (NASDAQ:FB) or 15,470 shares. 117,829 shares were sold by Zuckerberg Mark, worth $21.25M on Friday, December 8. Another trade for 38,055 shares valued at $6.57M was sold by Schroepfer Michael Todd. FISCHER DAVID B. sold $806,019 worth of Facebook, Inc. (NASDAQ:FB) on Thursday, October 26. The insider Koum Jan sold $109.70M.

Frontier Investment Mgmt Company, which manages about $1.19B and $1.21B US Long portfolio, upped its stake in Intl Business Machines (NYSE:IBM) by 2,567 shares to 8,102 shares, valued at $1.18M in 2017Q3, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 6,656 shares in the quarter, for a total of 199,066 shares, and has risen its stake in American Cap Agny 7.75 Percent Pfd B.

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