Aravt Global Has Cut Its Facebook (FB) Stake by $30.60 Million as Stock Price Rose; As Torchmark (TMK) Stock Price Declined, Holder Montgomery Investment Management Has Lowered by $4.96 Million Its Holding

February 15, 2018 - By Jan Rainey

Aravt Global Llc decreased its stake in Facebook Inc (FB) by 22.6% based on its latest 2017Q3 regulatory filing with the SEC. Aravt Global Llc sold 180,000 shares as the company’s stock rose 10.88% with the market. The institutional investor held 616,500 shares of the technology company at the end of 2017Q3, valued at $105.34 million, down from 796,500 at the end of the previous reported quarter. Aravt Global Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $519.88B market cap company. The stock decreased 0.31% or $0.56 during the last trading session, reaching $178.96. About 13.24 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 15, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Montgomery Investment Management Inc decreased its stake in Torchmark Corporation (TMK) by 76.07% based on its latest 2017Q3 regulatory filing with the SEC. Montgomery Investment Management Inc sold 62,057 shares as the company’s stock declined 3.57% while stock markets rallied. The institutional investor held 19,522 shares of the life insurance company at the end of 2017Q3, valued at $1.56M, down from 81,579 at the end of the previous reported quarter. Montgomery Investment Management Inc who had been investing in Torchmark Corporation for a number of months, seems to be less bullish one the $9.90 billion market cap company. The stock decreased 0.67% or $0.58 during the last trading session, reaching $85.72. About 215,704 shares traded. Torchmark Corporation (NYSE:TMK) has risen 25.88% since February 15, 2017 and is uptrending. It has outperformed by 9.18% the S&P500.

Since August 15, 2017, it had 0 buys, and 13 sales for $26.30 million activity. DICHIARO STEVEN JOHN sold $930,324 worth of stock or 11,000 shares. Shares for $159,525 were sold by Rogers John Henry JR. On Thursday, October 26 LUTEK BEN sold $4.41 million worth of Torchmark Corporation (NYSE:TMK) or 52,500 shares. The insider ZUCCONI PAUL J sold $50,616. $4.41 million worth of stock was sold by PRESSLEY W MICHAEL on Thursday, October 26. Another trade for 30,000 shares valued at $2.54M was made by SMITH ROGER C on Thursday, October 26.

Investors sentiment decreased to 0.82 in 2017 Q3. Its down 0.07, from 0.89 in 2017Q2. It worsened, as 26 investors sold TMK shares while 151 reduced holdings. 34 funds opened positions while 112 raised stakes. 79.21 million shares or 1.66% less from 80.55 million shares in 2017Q2 were reported. Cap Advsrs Incorporated Ok accumulated 3,050 shares or 0.01% of the stock. Teachers Retirement Systems Of The State Of Kentucky reported 0.01% of its portfolio in Torchmark Corporation (NYSE:TMK). Ameriprise Financial accumulated 49,146 shares. Principal Financial Gru reported 0.01% stake. Toronto Dominion Retail Bank accumulated 41,160 shares. Sumitomo Mitsui Trust Hldgs accumulated 363,242 shares. Goelzer Invest Mngmt invested in 6,602 shares. Cooke Bieler Limited Partnership has 66,192 shares for 0.1% of their portfolio. Rmb Capital Lc reported 9,001 shares. Commonwealth Of Pennsylvania Public School Empls Retrmt invested 0.01% of its portfolio in Torchmark Corporation (NYSE:TMK). Warren Averett Asset Ltd Com reported 0.05% in Torchmark Corporation (NYSE:TMK). 1,100 were accumulated by Qs Lc. Hsbc Hldg Public Lc holds 0.03% or 272,064 shares. Livforsakringsbolaget Skandia Omsesidigt reported 2,147 shares or 0.02% of all its holdings. Beck Mack And Oliver Ltd Liability Co reported 0.07% of its portfolio in Torchmark Corporation (NYSE:TMK).

Among 11 analysts covering Torchmark Corporation (NYSE:TMK), 0 have Buy rating, 4 Sell and 7 Hold. Therefore 0 are positive. Torchmark Corporation had 32 analyst reports since July 29, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, July 29 by Bank of America. Zacks upgraded the shares of TMK in report on Wednesday, August 19 to “Sell” rating. The stock of Torchmark Corporation (NYSE:TMK) earned “Underperform” rating by Bank of America on Friday, November 18. Morgan Stanley downgraded Torchmark Corporation (NYSE:TMK) on Thursday, August 13 to “Underweight” rating. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. On Friday, October 7 the stock rating was initiated by Credit Suisse with “Neutral”. The rating was upgraded by FBR Capital to “Market Perform” on Monday, August 3. The firm has “Neutral” rating given on Tuesday, November 17 by Goldman Sachs. The firm has “Sell” rating by Zacks given on Tuesday, August 25. The stock of Torchmark Corporation (NYSE:TMK) earned “Underperform” rating by Wells Fargo on Friday, September 23.

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. The Georgia-based Narwhal has invested 0.53% in Facebook, Inc. (NASDAQ:FB). 215,293 are held by Tiverton Asset Management Ltd Liability Com. Beacon holds 5,068 shares. Brinker Cap Inc has invested 0.42% of its portfolio in Facebook, Inc. (NASDAQ:FB). Moreover, First In has 0.28% invested in Facebook, Inc. (NASDAQ:FB). Rockland Trust Comm owns 63,517 shares or 1.62% of their US portfolio. Hollencrest Securities Ltd Liability stated it has 8,741 shares or 0.21% of all its holdings. Cornerstone Capital reported 0.09% stake. Howe And Rusling Inc owns 37,821 shares for 1.2% of their portfolio. Torch Wealth Mgmt Ltd Llc accumulated 4,255 shares. Kings Point Cap Management reported 0.1% stake. Clarkston Cap Lc holds 4,351 shares. Goldman Sachs Group reported 0.71% in Facebook, Inc. (NASDAQ:FB). Everence Cap Mngmt reported 1.92% in Facebook, Inc. (NASDAQ:FB). Zacks Inv Mngmt holds 194,643 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. The firm has “Buy” rating by GBH Insights given on Thursday, January 25. The stock of Facebook, Inc. (NASDAQ:FB) has “Hold” rating given on Thursday, July 27 by Pivotal Research. The rating was maintained by Mizuho on Thursday, February 1 with “Buy”. Raymond James maintained it with “Strong Buy” rating and $215 target in Thursday, July 27 report. The company was maintained on Thursday, April 28 by Nomura. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, January 31. J.P. Morgan maintained the shares of FB in report on Thursday, November 2 with “Buy” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Jefferies on Thursday, July 27. On Thursday, April 28 the stock rating was maintained by RBC Capital Markets with “Outperform”. Oppenheimer maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 5. Oppenheimer has “Outperform” rating and $130 target.

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