Fiduciary Trust Company Holding in Facebook (FB) Has Increased by $304,416; Greenwich Wealth Management Boosted Its Schwab Charles New (SCHW) Stake by $2.64 Million

December 20, 2017 - By Dolores Ford

Fiduciary Trust Company increased its stake in Facebook Inc (FB) by 11.66% based on its latest 2017Q2 regulatory filing with the SEC. Fiduciary Trust Company bought 2,016 shares as the company’s stock rose 10.88% with the market. The institutional investor held 19,303 shares of the technology company at the end of 2017Q2, valued at $2.92M, up from 17,287 at the end of the previous reported quarter. Fiduciary Trust Company who had been investing in Facebook Inc for a number of months, seems to be bullish on the $517.00 billion market cap company. The stock decreased 0.89% or $1.59 during the last trading session, reaching $177.92. About 9.28 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 20, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

Greenwich Wealth Management Llc increased its stake in Schwab Charles Corp New (SCHW) by 61.23% based on its latest 2017Q2 regulatory filing with the SEC. Greenwich Wealth Management Llc bought 62,814 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 165,408 shares of the investment bankers and brokers and service company at the end of 2017Q2, valued at $7.11M, up from 102,594 at the end of the previous reported quarter. Greenwich Wealth Management Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be bullish on the $69.60 billion market cap company. The stock increased 0.20% or $0.105 during the last trading session, reaching $51.915. About 4.79M shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since December 20, 2016 and is uptrending. It has outperformed by 15.41% the S&P500.

Among 21 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 6 Hold. Therefore 71% are positive. Charles Schwab had 75 analyst reports since August 11, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, April 7 by Jefferies. The rating was maintained by Deutsche Bank on Wednesday, October 5 with “Buy”. The rating was reinitiated by UBS on Monday, March 13 with “Buy”. The firm has “Buy” rating given on Thursday, June 16 by Deutsche Bank. The firm earned “Buy” rating on Friday, September 15 by Jefferies. On Friday, September 15 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Nomura maintained The Charles Schwab Corporation (NYSE:SCHW) rating on Wednesday, April 12. Nomura has “Buy” rating and $46 target. The firm has “Overweight” rating given on Tuesday, September 8 by JP Morgan. Deutsche Bank maintained it with “Buy” rating and $35 target in Friday, October 16 report. The rating was maintained by Citigroup on Friday, April 15 with “Neutral”.

Since August 2, 2017, it had 0 buys, and 18 insider sales for $48.08 million activity. SCHWAB CHARLES R had sold 394,935 shares worth $17.69 million. 1,000 shares were sold by Kallsen Terri R, worth $38,987. 75,244 shares were sold by Clark Bernard J., worth $3.31M. BECHTLE NANCY H also sold $998,528 worth of The Charles Schwab Corporation (NYSE:SCHW) on Monday, August 7. On Tuesday, October 31 the insider Murtagh Nigel J sold $361,194.

Investors sentiment increased to 1.3 in 2017 Q2. Its up 0.27, from 1.03 in 2017Q1. It improved, as 61 investors sold SCHW shares while 245 reduced holdings. 80 funds opened positions while 318 raised stakes. 1.05 billion shares or 0.46% more from 1.05 billion shares in 2017Q1 were reported. Sands Cap Limited Liability Corporation invested in 3.6% or 27.88M shares. Yorktown Mngmt & Research has 5,000 shares. Aviance Capital Lc reported 40,270 shares stake. Cleararc holds 0.21% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 29,845 shares. San Francisco Sentry Inv Group (Ca) holds 10,577 shares or 0.16% of its portfolio. Ulysses Mngmt Ltd Llc owns 15,000 shares for 0.08% of their portfolio. Smith Asset Group Inc Limited Partnership invested in 270 shares. Retail Bank Of The West reported 69,544 shares stake. Moreover, Waldron Ltd Partnership has 0.1% invested in The Charles Schwab Corporation (NYSE:SCHW). Destination Wealth Mngmt reported 77,342 shares. Utah Retirement Systems reported 217,132 shares. Credit Suisse Ag stated it has 1.73M shares. Pettee Investors stated it has 0.62% in The Charles Schwab Corporation (NYSE:SCHW). 243,038 were accumulated by Eagle Ridge Invest. Parametric Assocs Limited Liability accumulated 2.71M shares or 0.14% of the stock.

Fiduciary Trust Company, which manages about $3.26 billion US Long portfolio, decreased its stake in Berkshire Hathaway Inc Del Cl B (BRKB) by 2,625 shares to 111,412 shares, valued at $18.87M in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr (SHY) by 6,372 shares in the quarter, leaving it with 29,634 shares, and cut its stake in Wal (NYSE:WMT).

Investors sentiment increased to 1.4 in 2017 Q2. Its up 0.05, from 1.35 in 2017Q1. It increased, 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. Robeco Institutional Asset Bv holds 0.83% or 849,419 shares in its portfolio. Solaris Asset Management Limited Co invested 2.93% in Facebook, Inc. (NASDAQ:FB). Gm Advisory Grp invested in 0.92% or 19,415 shares. Corvex Management Limited Partnership invested in 4% or 817,000 shares. Northwestern Mutual Wealth Mngmt invested 0.24% of its portfolio in Facebook, Inc. (NASDAQ:FB). Gotham Asset Mgmt Ltd Liability Co stated it has 0.27% in Facebook, Inc. (NASDAQ:FB). Palisades Hudson Asset Mngmt Lp accumulated 3,705 shares. Sigma Planning Corp stated it has 48,168 shares or 0.68% of all its holdings. Horizon Kinetics Ltd Com stated it has 0.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Lmm Limited Liability owns 172,075 shares or 1.05% of their US portfolio. Rathbone Brothers Public Ltd Company, a United Kingdom-based fund reported 269,956 shares. Mogy Joel R Investment Counsel accumulated 87,430 shares. Jd Mngmt Ltd Liability, a Connecticut-based fund reported 72,985 shares. Cornerstone Capital invested 0.06% of its portfolio in Facebook, Inc. (NASDAQ:FB). Buckingham Mgmt holds 101,268 shares.

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