Ws Management Lllp Has Increased Its Facebook (FB) Stake by $49.74 Million; As Gilead Sciences (GILD) Stock Value Declined, Wetherby Asset Management Increased by $372,260 Its Position

December 13, 2017 - By Hazel Jackson

Wetherby Asset Management Inc increased its stake in Gilead Sciences Inc (GILD) by 14.8% based on its latest 2017Q2 regulatory filing with the SEC. Wetherby Asset Management Inc bought 5,318 shares as the company’s stock declined 8.05% while stock markets rallied. The institutional investor held 41,256 shares of the health care company at the end of 2017Q2, valued at $2.92 million, up from 35,938 at the end of the previous reported quarter. Wetherby Asset Management Inc who had been investing in Gilead Sciences Inc for a number of months, seems to be bullish on the $100.54B market cap company. The stock increased 1.16% or $0.88 during the last trading session, reaching $76.97. About 781,044 shares traded. Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since December 13, 2016 and is downtrending. It has underperformed by 38.50% the S&P500.

Reid Walker increased its stake in Facebook Inc (FB) by 207.25% based on its latest 2017Q2 regulatory filing with the SEC. Ws Management Lllp bought 331,600 shares as the company’s stock rose 10.88% with the market. The hedge fund run by Reid Walker held 491,600 shares of the technology company at the end of 2017Q2, valued at $74.22M, up from 160,000 at the end of the previous reported quarter. Ws Management Lllp who had been investing in Facebook Inc for a number of months, seems to be bullish on the $516.10B market cap company. The stock increased 0.37% or $0.65 during the last trading session, reaching $177.61. About 1.34M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 13, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “3 Reasons Facebook Inc Stock Is Still a Standout Value” on December 13, 2017, also Gurufocus.com with their article: “Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $21.2 million of Shares” published on December 12, 2017, Investorplace.com published: “Facebook Inc Has Built Itself Into a Rock-Solid Fortress” on December 11, 2017. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Facebook Inc (FB) COB and CEO Mark Zuckerberg Sold $42.5 million of Shares” published on November 30, 2017 as well as Investorplace.com‘s news article titled: “Facebook Inc Stock Is the Best Investment in Struggling Tech Sector” with publication date: December 05, 2017.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook had 210 analyst reports since July 21, 2015 according to SRatingsIntel. Citigroup maintained the shares of FB in report on Friday, April 1 with “Buy” rating. Wells Fargo maintained Facebook, Inc. (NASDAQ:FB) on Wednesday, September 27 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Overweight” rating by Piper Jaffray on Tuesday, August 18. Monness Crespi maintained the shares of FB in report on Thursday, April 28 with “Buy” rating. Piper Jaffray maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Piper Jaffray has “Overweight” rating and $155.0 target. BMO Capital Markets maintained it with “Hold” rating and $170.0 target in Monday, September 11 report. Nomura maintained Facebook, Inc. (NASDAQ:FB) on Thursday, April 28 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, April 28. The stock has “Buy” rating by Axiom Capital on Tuesday, July 28. The firm has “Buy” rating given on Thursday, November 3 by Axiom Capital.

Ws Management Lllp, which manages about $2.69B US Long portfolio, decreased its stake in Hornbeck Offshore Svcs Inc N (NYSE:HOS) by 406,300 shares to 400,000 shares, valued at $1.13M in 2017Q2, according to the filing. It also reduced its holding in Navios Maritime Holdings Inc (NYSE:NM) by 1.34M shares in the quarter, leaving it with 861,477 shares, and cut its stake in American Express Co (NYSE:AXP).

Since August 7, 2017, it had 0 insider purchases, and 33 selling transactions for $919.61 million activity. Schroepfer Michael Todd had sold 38,055 shares worth $6.57M on Tuesday, September 12. The insider Cox Christopher K sold $2.73M. Zuckerberg Mark sold $42.50 million worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, October 11. Another trade for 4,699 shares valued at $806,019 was made by FISCHER DAVID B. on Thursday, October 26. $2.59M worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Wehner David M.. Another trade for 2.95M shares valued at $502.59M was made by Koum Jan on Tuesday, August 15.

Investors sentiment increased to 1.4 in Q2 2017. Its up 0.05, from 1.35 in 2017Q1. It improved, as 48 investors sold FB shares while 553 reduced holdings. 159 funds opened positions while 684 raised stakes. 1.62 billion shares or 0.41% less from 1.63 billion shares in 2017Q1 were reported. Texas Yale Capital has 0.05% invested in Facebook, Inc. (NASDAQ:FB) for 3,500 shares. Caisse De Depot Et Placement Du Quebec holds 0.39% or 1.07 million shares. The Texas-based Shamrock Asset Limited Liability Corp has invested 0.02% in Facebook, Inc. (NASDAQ:FB). Platinum Invest Mngmt Ltd reported 0.01% stake. Allen Operations Limited Co accumulated 3,248 shares. Marco Mgmt Limited Com stated it has 0.24% of its portfolio in Facebook, Inc. (NASDAQ:FB). Saturna Cap accumulated 0.09% or 18,143 shares. The Florida-based Finemark Retail Bank Trust has invested 0.15% in Facebook, Inc. (NASDAQ:FB). Budros Ruhlin & Roe invested in 4,909 shares. Baldwin Brothers Ma reported 0.63% stake. Community Fincl Bank Na owns 0.01% invested in Facebook, Inc. (NASDAQ:FB) for 310 shares. New York-based Atika Cap Mngmt Limited has invested 2.8% in Facebook, Inc. (NASDAQ:FB). The Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has invested 0.41% in Facebook, Inc. (NASDAQ:FB). Moreover, Provident Tru has 0.01% invested in Facebook, Inc. (NASDAQ:FB). South State holds 1,330 shares.

Among 30 analysts covering Gilead Sciences (NASDAQ:GILD), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Gilead Sciences had 107 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) earned “Buy” rating by William Blair on Thursday, August 31. The rating was maintained by Oppenheimer on Tuesday, October 20 with “Outperform”. Needham maintained the shares of GILD in report on Wednesday, July 29 with “Buy” rating. On Friday, December 18 the stock rating was initiated by Atlantic Securities with “Neutral”. The firm earned “Hold” rating on Monday, August 28 by BMO Capital Markets. The firm earned “Buy” rating on Monday, August 17 by Vetr. The stock of Gilead Sciences, Inc. (NASDAQ:GILD) has “Hold” rating given on Tuesday, March 15 by Jefferies. The rating was downgraded by Maxim Group on Friday, April 29 to “Hold”. Maxim Group maintained the stock with “Hold” rating in Monday, August 28 report. On Thursday, February 25 the stock rating was initiated by Citigroup with “Buy”.

Investors sentiment increased to 0.93 in Q2 2017. Its up 0.02, from 0.91 in 2017Q1. It is positive, as 78 investors sold GILD shares while 538 reduced holdings. 110 funds opened positions while 462 raised stakes. 938.32 million shares or 0.11% more from 937.32 million shares in 2017Q1 were reported. Pekin Singer Strauss Asset Il stated it has 15,608 shares. Kbc Group Nv reported 657,636 shares. Banque Pictet And Cie Sa reported 0.34% stake. Bb&T Securities Ltd Com owns 332,746 shares for 0.34% of their portfolio. Integral Derivatives Llc holds 0.08% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD) for 53,304 shares. Covington Mngmt holds 0.23% in Gilead Sciences, Inc. (NASDAQ:GILD) or 40,928 shares. Hirtle Callaghan And Ltd Llc has invested 0% in Gilead Sciences, Inc. (NASDAQ:GILD). Brandywine Glob Investment Ltd Liability owns 771,811 shares. 315,955 were reported by Bridgeway Capital Mngmt. Fulton Breakefield Broenniman Ltd Llc invested 1% of its portfolio in Gilead Sciences, Inc. (NASDAQ:GILD). Moreover, Lakeview Capital Ltd Co has 0.3% invested in Gilead Sciences, Inc. (NASDAQ:GILD) for 5,203 shares. The Maryland-based Chevy Chase Tru Holding Incorporated has invested 0.38% in Gilead Sciences, Inc. (NASDAQ:GILD). Connor Clark And Lunn Inv Management has 0.1% invested in Gilead Sciences, Inc. (NASDAQ:GILD). 111,968 were reported by Bluemountain Cap Mngmt Limited Company. Millennium Mngmt Ltd Co holds 3.00 million shares.

Wetherby Asset Management Inc, which manages about $3.65B and $587.80M US Long portfolio, decreased its stake in Exxon Mobil Corp (NYSE:XOM) by 4,590 shares to 95,107 shares, valued at $7.68M in 2017Q2, according to the filing.

Since August 1, 2017, it had 0 insider purchases, and 9 selling transactions for $36.34 million activity. $6.09 million worth of stock was sold by MARTIN JOHN C on Thursday, August 31. Meyers James R had sold 60,000 shares worth $4.99M on Thursday, August 31. The insider Washington Robin L sold $4.40M.

More notable recent Gilead Sciences, Inc. (NASDAQ:GILD) news were published by: Seekingalpha.com which released: “Gilead Sciences (GILD) Management Presents at 37th Nasdaq Investor Conference …” on December 06, 2017, also Seekingalpha.com with their article: “Gilead Sciences: Going Down When It Should Go Up” published on December 08, 2017, Seekingalpha.com published: “Gilead Sciences: Are You Willing To Wait 3 Years?” on November 27, 2017. More interesting news about Gilead Sciences, Inc. (NASDAQ:GILD) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Conmed, Merck and Gilead Sciences” published on December 12, 2017 as well as Nasdaq.com‘s news article titled: “Gilead Sciences, Inc. (GILD) Ex-Dividend Date Scheduled for December 14, 2017” with publication date: December 13, 2017.

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