Fagan Associates Trimmed Position in Facebook (FB) by $723,240; Deprince Race & Zollo Decreased Its Taubman Ctrs (TCO) Position by $6.59 Million as Share Price Declined

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Fagan Associates Inc decreased its stake in Facebook Inc (FB) by 8.37% based on its latest 2018Q3 regulatory filing with the SEC. Fagan Associates Inc sold 4,410 shares as the company’s stock declined 13.60% with the market. The institutional investor held 48,258 shares of the technology company at the end of 2018Q3, valued at $7.94M, down from 52,668 at the end of the previous reported quarter. Fagan Associates Inc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $409.75B market cap company. The stock increased 0.51% or $0.73 during the last trading session, reaching $142.58. About 17.30M shares traded. Facebook, Inc. (NASDAQ:FB) has declined 21.26% since December 11, 2017 and is downtrending. It has underperformed by 21.26% the S&P500. Some Historical FB News: 26/04/2018 – “I think Facebook concealed the truth from us,” Ian Lucas, member of parliament representing the opposition Labour Party, said; 30/05/2018 – But former Google, Microsoft and Facebook executives say the algorithmic revolution in hiring is moving too fast; 10/04/2018 – Facebook puts ads on pages illegally selling animal parts; 20/03/2018 – U.S. FTC to investigate Facebook over use of personal data -Bloomberg News; 21/03/2018 – CMO Today: Facebook Fallout Intensifies; Google’s News Pledge; MRC Weighs Stricter Viewability Standards; 21/03/2018 – FACEBOOK ADDS ADMIN PRIVILEGES TO GROUP CHAT; 21/03/2018 – ZUCKERBERG SAYS WILL LEARN FROM THIS TO SECURE FACEBOOK FURTHER; 26/03/2018 – Short seller Andrew Left jabs Shopify’s business, saying it’s based on the exchange of personal information collected by Facebook and sold to Shopify “entrepreneurs.”; 16/03/2018 – Facebook bans political data analytics firm that did work for Trump; 05/04/2018 – Election Law: “EXCLUSIVE: Robert Mercer backed a secretive group that worked with Facebook, Google to target anti-Muslim ads

Deprince Race & Zollo Inc decreased its stake in Taubman Ctrs Inc (TCO) by 36.46% based on its latest 2018Q3 regulatory filing with the SEC. Deprince Race & Zollo Inc sold 111,703 shares as the company’s stock declined 15.43% with the market. The institutional investor held 194,652 shares of the consumer services company at the end of 2018Q3, valued at $11.65M, down from 306,355 at the end of the previous reported quarter. Deprince Race & Zollo Inc who had been investing in Taubman Ctrs Inc for a number of months, seems to be less bullish one the $4.47 billion market cap company. The stock decreased 0.94% or $0.49 during the last trading session, reaching $52. About 278,422 shares traded. Taubman Centers, Inc. (NYSE:TCO) has declined 10.56% since December 11, 2017 and is downtrending. It has underperformed by 10.56% the S&P500. Some Historical TCO News: 23/04/2018 – DJ Taubman Centers Inc, Inst Holders, 1Q 2018 (TCO); 26/04/2018 – Land & Buildings: Sees Underperformance as Driven by Apparent Conflicts of Interest Between Taubman Family and Hldrs; 26/04/2018 – Taubman Centers 1Q FFO 88c/Shr; 26/04/2018 – Taubman Centers Sees FY18 EPS 99c-EPS $1.23; 26/04/2018 – TAUBMAN CENTERS INC TCO.N FY2018 FFO SHR VIEW $3.78 — THOMSON REUTERS l/B/E/S; 26/04/2018 – TAUBMAN CENTERS INC QTRLY AFFO SHR $1.04; 26/04/2018 – Land & Buildings: Believes Urgent Action Needed to Change Status Quo at Taubman; 26/04/2018 – TAUBMAN CENTERS REAFFIRMS YR AFFO/SHR FORECAST; 21/03/2018 – LAND & BUILDINGS NOMINATES DIRECTOR TO TAUBMAN CENTERS BOARD; 08/05/2018 – LAND & BUILDINGS NOMINATES CIO JON LITT TO TCO BOARD

Investors sentiment increased to 1.13 in Q3 2018. Its up 0.04, from 1.09 in 2018Q2. It is positive, as 123 investors sold FB shares while 598 reduced holdings. 154 funds opened positions while 661 raised stakes. 1.61 billion shares or 3.39% less from 1.66 billion shares in 2018Q2 were reported. Benin Management invested in 11,805 shares or 0.78% of the stock. Metropolitan Life Ins Co New York has invested 1.55% in Facebook, Inc. (NASDAQ:FB). Factory Mutual Insurance Communication reported 1.27 million shares stake. State Of Tennessee Treasury Department reported 1.77 million shares. Ing Groep Nv accumulated 1.84% or 648,508 shares. Fishman Jay A Mi invested 0% of its portfolio in Facebook, Inc. (NASDAQ:FB). Perkins Coie Tru reported 1,470 shares. Rockshelter Cap Management Limited Liability Com owns 34,757 shares for 1.77% of their portfolio. Chesapeake Asset Lc reported 0.4% in Facebook, Inc. (NASDAQ:FB). Sustainable Growth Advisers LP invested in 0.02% or 10,552 shares. Blackhill Inc invested 0.01% of its portfolio in Facebook, Inc. (NASDAQ:FB). Korea Inv has invested 1.22% in Facebook, Inc. (NASDAQ:FB). Moreover, Newman Dignan Sheerar has 0.43% invested in Facebook, Inc. (NASDAQ:FB). 2,494 were accumulated by Smith Chas P And Associates Pa Cpas. Palo has invested 0.66% in Facebook, Inc. (NASDAQ:FB).

Since June 12, 2018, it had 0 buys, and 78 selling transactions for $1.96 billion activity. Stretch Colin sold $117,840 worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, October 10. $10.75 million worth of stock was sold by Sandberg Sheryl on Thursday, June 28. Schroepfer Michael Todd sold $7.74 million worth of stock or 37,982 shares. 2,000 shares were sold by Cox Christopher K, worth $300,102 on Tuesday, November 6. Taylor Susan J.S. sold 2,268 shares worth $308,017. 2,648 Facebook, Inc. (NASDAQ:FB) shares with value of $392,937 were sold by FISCHER DAVID B..

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook Looks Undervalued On Several Metrics – Seeking Alpha” on December 05, 2018, also Nasdaq.com with their article: “What to Make of Facebook’s Buyback Boost – Nasdaq” published on December 11, 2018, Seekingalpha.com published: “Facebook testing search advertising as new revenue stream – Seeking Alpha” on December 11, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “Gopher Protocol Deploys its Avant! AI for Facebook as an Assistant Agent – Nasdaq” published on December 10, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook: Why The Bears Are Dead Wrong – Seeking Alpha” with publication date: November 19, 2018.

Fagan Associates Inc, which manages about $226.97 million and $242.35M US Long portfolio, upped its stake in Disney Walt Co (NYSE:DIS) by 3,866 shares to 25,347 shares, valued at $2.96M in 2018Q3, according to the filing. It also increased its holding in Sony Corp (NYSE:SNE) by 5,900 shares in the quarter, for a total of 51,755 shares, and has risen its stake in Alphabet Inc.

Among 57 analysts covering Facebook (NASDAQ:FB), 48 have Buy rating, 2 Sell and 7 Hold. Therefore 84% are positive. Facebook had 309 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald on Tuesday, October 31 with “Buy”. Credit Suisse maintained the shares of FB in report on Tuesday, March 20 with “Buy” rating. The rating was maintained by UBS with “Buy” on Thursday, July 30. The company was upgraded on Tuesday, June 26 by UBS. The firm has “Buy” rating given on Thursday, February 1 by Robert W. Baird. UBS maintained it with “Buy” rating and $19000 target in Thursday, July 27 report. The rating was upgraded by BTIG Research on Tuesday, March 21 to “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) has “Buy” rating given on Friday, September 1 by Robert W. Baird. As per Wednesday, June 7, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Bank of America to “Focus List” on Tuesday, July 21.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on January, 30. They expect $2.16 EPS, down 1.82% or $0.04 from last year’s $2.2 per share. FB’s profit will be $6.21B for 16.50 P/E if the $2.16 EPS becomes a reality. After $1.76 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.73% EPS growth.

Deprince Race & Zollo Inc, which manages about $8.52 billion and $4.47B US Long portfolio, upped its stake in Psychemedics Corp (NASDAQ:PMD) by 229,180 shares to 288,147 shares, valued at $5.42M in 2018Q3, according to the filing. It also increased its holding in Outfront Media Inc by 30,580 shares in the quarter, for a total of 3.73 million shares, and has risen its stake in Valvoline Inc.

Among 21 analysts covering Taubman Centers Inc. (NYSE:TCO), 7 have Buy rating, 1 Sell and 13 Hold. Therefore 33% are positive. Taubman Centers Inc. had 46 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was initiated by BTIG Research with “Neutral” on Thursday, August 25. On Monday, August 24 the stock rating was upgraded by Oppenheimer to “Outperform”. The rating was downgraded by Mizuho on Wednesday, November 8 to “Neutral”. Citigroup maintained Taubman Centers, Inc. (NYSE:TCO) on Wednesday, November 21 with “Neutral” rating. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Tuesday, November 27. The rating was upgraded by Goldman Sachs on Wednesday, September 28 to “Buy”. As per Friday, June 15, the company rating was upgraded by JP Morgan. The stock has “Neutral” rating by Bank of America on Monday, August 13. The firm earned “Neutral” rating on Thursday, August 9 by Citigroup. The firm earned “Hold” rating on Tuesday, September 26 by J.P. Morgan.

Since November 1, 2018, it had 4 insider buys, and 0 sales for $177,049 activity. 250 shares were bought by TAUBMAN ROBERT S, worth $12,833.

Analysts await Taubman Centers, Inc. (NYSE:TCO) to report earnings on February, 14. They expect $0.99 earnings per share, down 3.88% or $0.04 from last year’s $1.03 per share. TCO’s profit will be $85.14 million for 13.13 P/E if the $0.99 EPS becomes a reality. After $1.01 actual earnings per share reported by Taubman Centers, Inc. for the previous quarter, Wall Street now forecasts -1.98% negative EPS growth.

More notable recent Taubman Centers, Inc. (NYSE:TCO) news were published by: Benzinga.com which released: “Benzinga’s Top Upgrades, Downgrades For November 27, 2018 – Benzinga” on November 27, 2018, also Benzinga.com with their article: “Morgan Stanley: Taubman (NYSE:TCO) Could Be More Attractive M&A Candidate Than Macerich (NYSE:MAC) – Benzinga” published on November 27, 2018, Seekingalpha.com published: “Taubman Centers: Why Price Matters – Seeking Alpha” on November 26, 2018. More interesting news about Taubman Centers, Inc. (NYSE:TCO) were released by: Bizjournals.com and their article: “REITs want to give to Hawaii nonprofits building affordable housing – Pacific Business News (Honolulu)” published on November 15, 2018 as well as Seekingalpha.com‘s news article titled: “Taubman Centers Has No Margin Of Safety – Seeking Alpha” with publication date: September 17, 2018.

Taubman Centers, Inc. (NYSE:TCO) Institutional Positions Chart

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