Ithaka Group Holding in Facebook Cl A (FB) Has Cut by $522,016; As Store Cap (STOR) Stock Value Declined, Carlson Capital LP Has Trimmed Stake by $7.83 Million

May 16, 2018 - By Paul Bridgeforth

STORE Capital Corporation (NYSE:STOR) Logo

Ithaka Group Llc decreased its stake in Facebook Inc. Cl A (FB) by 1.21% based on its latest 2017Q4 regulatory filing with the SEC. Ithaka Group Llc sold 2,966 shares as the company’s stock declined 14.10% with the market. The institutional investor held 242,595 shares of the technology company at the end of 2017Q4, valued at $42.81M, down from 245,561 at the end of the previous reported quarter. Ithaka Group Llc who had been investing in Facebook Inc. Cl A for a number of months, seems to be less bullish one the $530.24B market cap company. The stock decreased 0.62% or $1.14 during the last trading session, reaching $183.18. About 11.22 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 16, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Clint Carlson decreased its stake in Store Cap Corp (STOR) by 42.14% based on its latest 2017Q4 regulatory filing with the SEC. Carlson Capital LP sold 301,106 shares as the company’s stock declined 4.03% with the market. The hedge fund run by Clint Carlson held 413,366 shares of the real estate investment trusts company at the end of 2017Q4, valued at $10.76M, down from 714,472 at the end of the previous reported quarter. Carlson Capital LP who had been investing in Store Cap Corp for a number of months, seems to be less bullish one the $5.08 billion market cap company. The stock increased 0.59% or $0.15 during the last trading session, reaching $25.67. About 666,951 shares traded. STORE Capital Corporation (NYSE:STOR) has risen 4.52% since May 16, 2017 and is uptrending. It has underperformed by 7.03% the S&P500.

Investors sentiment increased to 1.21 in Q4 2017. Its up 0.06, from 1.15 in 2017Q3. It is positive, 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. Bnp Paribas Asset Mgmt Hldgs Sa reported 0.93% stake. Jefferies Ltd Liability Corp holds 0.06% or 68,834 shares. Susquehanna International Grp Llp holds 0.25% or 3.96 million shares. Hound Limited Co reported 1.22 million shares. Moreover, Lourd Capital Lc has 0.1% invested in Facebook, Inc. (NASDAQ:FB) for 9,141 shares. New Mexico Educational Retirement Board holds 227,800 shares. Ameriprise Incorporated accumulated 19.83 million shares or 1.6% of the stock. 8,968 were reported by Vantage Investment Advsrs Llc. Criterion Mngmt Limited Liability Company accumulated 4.89% or 460,905 shares. New York-based Tocqueville Asset LP has invested 1.43% in Facebook, Inc. (NASDAQ:FB). Blackhill Cap has invested 0.01% in Facebook, Inc. (NASDAQ:FB). Navellier & Associates has invested 0.09% in Facebook, Inc. (NASDAQ:FB). Marshwinds Advisory holds 1.48% or 18,160 shares. Hennessy Advsrs reported 7,730 shares. Congress Asset Management Commerce Ma has 0.96% invested in Facebook, Inc. (NASDAQ:FB).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook report details millions of content deletions” on May 15, 2018, also 247Wallst.com with their article: “How Facebook Is Breaking Into the Crypto Trade” published on May 12, 2018, Seekingalpha.com published: “Facebook – Case Settled” on May 13, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Schaeffersresearch.com and their article: “Hedge Funds Adjust Positions on FANG Stocks” published on May 16, 2018 as well as Investorplace.com‘s news article titled: “Thursday’s Vital Data: Facebook, Inc. (FB), Advanced Micro Devices, Inc. (AMD) and Weatherford International Plc (WFT)” with publication date: May 10, 2018.

Since December 7, 2017, it had 0 insider purchases, and 50 sales for $1.86 billion activity. The insider Sandberg Sheryl sold $9.61 million. The insider Schroepfer Michael Todd sold 38,017 shares worth $7.14M. Stretch Colin had sold 750 shares worth $134,125 on Tuesday, December 12. Wehner David M. sold 14,901 shares worth $2.66 million. $822,440 worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B. on Wednesday, April 25. $2.83 million worth of stock was sold by Cox Christopher K on Thursday, December 7.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 269 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Overweight” rating by Morgan Stanley on Monday, October 2. The company was initiated on Friday, September 23 by Loop Capital. As per Thursday, April 26, the company rating was maintained by Barclays Capital. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Thursday, April 28 by Deutsche Bank. As per Sunday, April 8, the company rating was maintained by Jefferies. As per Wednesday, September 6, the company rating was maintained by RBC Capital Markets. Moffett Nathanson initiated Facebook, Inc. (NASDAQ:FB) on Tuesday, September 8 with “Buy” rating. The rating was maintained by Canaccord Genuity on Monday, March 26 with “Buy”. RBC Capital Markets maintained it with “Buy” rating and $195.0 target in Wednesday, October 11 report. The firm earned “Buy” rating on Monday, October 2 by Robert W. Baird.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 earnings per share, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98B for 26.63 P/E if the $1.72 EPS becomes a reality. After $1.69 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

Ithaka Group Llc, which manages about $535.35 million and $557.64M US Long portfolio, upped its stake in Veeva Systems Inc. (NYSE:VEEV) by 60,874 shares to 224,771 shares, valued at $12.43 million in 2017Q4, according to the filing.

Among 19 analysts covering Store Capital Corporation (NYSE:STOR), 11 have Buy rating, 1 Sell and 7 Hold. Therefore 58% are positive. Store Capital Corporation had 46 analyst reports since July 23, 2015 according to SRatingsIntel. On Friday, February 10 the stock rating was upgraded by Ladenburg Thalmann to “Buy”. SunTrust maintained the shares of STOR in report on Tuesday, October 24 with “Buy” rating. The company was upgraded on Thursday, July 23 by Morgan Stanley. The firm has “Buy” rating by Raymond James given on Thursday, November 30. Wells Fargo maintained STORE Capital Corporation (NYSE:STOR) on Tuesday, March 20 with “Market Perform” rating. The stock of STORE Capital Corporation (NYSE:STOR) has “Hold” rating given on Friday, February 23 by FBR Capital. The company was initiated on Tuesday, October 27 by Wunderlich. The stock of STORE Capital Corporation (NYSE:STOR) earned “Buy” rating by BMO Capital Markets on Thursday, March 23. The firm has “Buy” rating by SunTrust given on Tuesday, April 3. Janney Capital initiated STORE Capital Corporation (NYSE:STOR) on Tuesday, April 12 with “Buy” rating.

More notable recent STORE Capital Corporation (NYSE:STOR) news were published by: Seekingalpha.com which released: “STORE Capital 2018 Q1 – Results – Earnings Call Slides” on May 03, 2018, also Seekingalpha.com with their article: “STORE Capital: Overpriced And Risky” published on May 10, 2018, Nasdaq.com published: “3 Top Stocks With High Dividend Yields” on May 15, 2018. More interesting news about STORE Capital Corporation (NYSE:STOR) were released by: Seekingalpha.com and their article: “Store Capital Goes Up As The Market Goes Down” published on May 08, 2018 as well as Streetinsider.com‘s news article titled: “Buffett’s Berkshire 13F Confirms Increase in Apple (AAPL) Stake Along with Increase in Holdings of Teva (TEVA) (More…)” with publication date: May 15, 2018.

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.04, from 1.25 in 2017Q3. It increased, as 27 investors sold STOR shares while 62 reduced holdings. 33 funds opened positions while 82 raised stakes. 175.78 million shares or 1.39% less from 178.26 million shares in 2017Q3 were reported. Voloridge Inv Ltd stated it has 169,355 shares or 0.1% of all its holdings. Greylin Investment Mangement reported 9,500 shares or 0.05% of all its holdings. Sit Investment Associates holds 0.01% in STORE Capital Corporation (NYSE:STOR) or 17,800 shares. Comerica Bancorporation holds 0.02% or 106,531 shares. Earnest Prtn Limited Liability Com invested 0% in STORE Capital Corporation (NYSE:STOR). Investec Asset Mgmt holds 0.01% in STORE Capital Corporation (NYSE:STOR) or 51,619 shares. Balyasny Asset Management Ltd Liability Co holds 0% of its portfolio in STORE Capital Corporation (NYSE:STOR) for 8,600 shares. Amundi Pioneer Asset invested in 0.01% or 213,955 shares. Public Employees Retirement Association Of Colorado reported 23,389 shares. Sumitomo Mitsui Trust Hldg invested in 152,697 shares or 0.01% of the stock. Strs Ohio has invested 0.02% in STORE Capital Corporation (NYSE:STOR). Cadence Capital Limited holds 0.01% or 9,046 shares. Stratos Wealth, Ohio-based fund reported 389 shares. Vident Inv Advisory Lc has 0.01% invested in STORE Capital Corporation (NYSE:STOR). Great West Life Assurance Can owns 43,023 shares.

Analysts await STORE Capital Corporation (NYSE:STOR) to report earnings on August, 2. They expect $0.43 EPS, down 2.27% or $0.01 from last year’s $0.44 per share. STOR’s profit will be $85.16 million for 14.92 P/E if the $0.43 EPS becomes a reality. After $0.44 actual EPS reported by STORE Capital Corporation for the previous quarter, Wall Street now forecasts -2.27% negative EPS growth.

Carlson Capital L P, which manages about $20.59B and $5.88B US Long portfolio, upped its stake in Pinnacle Foods Inc Del (NYSE:PF) by 55,353 shares to 256,634 shares, valued at $15.26M in 2017Q4, according to the filing. It also increased its holding in Baxter Intl Inc (NYSE:BAX) by 279,801 shares in the quarter, for a total of 664,801 shares, and has risen its stake in Conagra Brands Inc (NYSE:CAG).

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