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Taconic Capital Advisors LP Holding in Facebook (FB) Decreased as Market Valuation Declined; American Express Co (AXP) Stock Price Rose While Riverhead Capital Management Decreased Position by $927,126

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Taconic Capital Advisors Lp decreased its stake in Facebook Inc (FB) by 7.46% based on its latest 2018Q2 regulatory filing with the SEC. Taconic Capital Advisors Lp sold 53,000 shares as the company’s stock declined 15.80% while stock markets rallied. The hedge fund held 657,000 shares of the technology company at the end of 2018Q2, valued at $127.67M, down from 710,000 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $396.38 billion market cap company. The stock decreased 2.24% or $3.16 during the last trading session, reaching $137.93. About 30.29M shares traded or 16.33% up from the average. Facebook, Inc. (NASDAQ:FB) has declined 6.34% since December 5, 2017 and is downtrending. It has underperformed by 21.96% the S&P500. Some Historical FB News: 15/05/2018 – HIGHLIGHTS -Hedge funds took new stakes in Facebook during first quarter; 09/05/2018 – FACEBOOK ACCUSED OF PRIVACY VIOLATIONS IN CLASS-ACTION SUIT; 23/03/2018 – Ben Mezrich – who wrote the book on Facebook – says our relationship with the social network is ‘built on lies’; 26/03/2018 – FACEBOOK PAUSED APP REVIEW LAST WEEK WHILE IT IMPLEMENT CHANGES; 06/03/2018 – TILL® American Wheat Vodka and George Remus® Bourbon Launch in Illinois with Breakthru Beverage; 10/04/2018 – Fellow committee member Rep. Bill Johnson hasn’t made up his mind yet on whether Facebook should be regulated; 19/03/2018 – Facebook, Other Tech Giants Scrutinized by Congress Over User Data; 24/05/2018 – FACEBOOK WILL ROLL OUT GDPR-RELATED CONTROLS WORLDWIDE: CEO; 05/03/2018 – Ex-Trump aide Nunberg says will not comply with Russia probe subpoena; 21/03/2018 – Facebook’s Mark Zuckerberg Vows Action to Bolster Data Privacy

Riverhead Capital Management Llc decreased its stake in American Express Co (AXP) by 19.26% based on its latest 2018Q2 regulatory filing with the SEC. Riverhead Capital Management Llc sold 9,558 shares as the company’s stock rose 7.86% with the market. The institutional investor held 40,073 shares of the consumer services company at the end of 2018Q2, valued at $3.93M, down from 49,631 at the end of the previous reported quarter. Riverhead Capital Management Llc who had been investing in American Express Co for a number of months, seems to be less bullish one the $91.95 billion market cap company. The stock decreased 4.20% or $4.72 during the last trading session, reaching $107.64. About 5.24 million shares traded or 48.58% up from the average. American Express Company (NYSE:AXP) has risen 24.64% since December 5, 2017 and is uptrending. It has outperformed by 9.02% the S&P500. Some Historical AXP News: 15/05/2018 – AMERICAN EXPRESS-U.S.SMALL BUSINESS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A%OF TOTAL 1.2 PCT AT APRIL END VS 1.3 PCT AT MARCH END; 18/04/2018 – AMERICAN EXPRESS CO RISE IN QTRLY EXPENSES PRIMARILY REFLECTED GROWTH IN REWARDS EXPENSES, OTHER COSTS ASSOCIATED WITH INCREASED CARD MEMBER SPENDING; 15/03/2018 – AMERICAN EXPRESS-U.S. SMALL BUSINESS CARD MEMBER LOANS 30 DAYS PAST DUE LOANS AS A % OF TOTAL 1.4 PCT AT FEB END VS 1.3 PCT AT JAN END; 20/03/2018 – AMERICAN EXPRESS – CYBER ATTACK WAS NOT AN ATTACK ON, AND DID NOT COMPROMISE, AMERICAN EXPRESS GLOBAL BUSINESS TRAVEL OR AMERICAN EXPRESS PLATFORMS; 18/04/2018 – American Express Loan Portfolio Rose 16 %; 29/05/2018 – EXCLUSIVE-India resists lobbying by U.S. payment firms to ease local data storage rules; 14/03/2018 – Moody’s Assigns Provisional Ratings To American Express 2018-1 Card Abs; 13/03/2018 – AMERICAN EXPRESS CO – YOUNG IS CHIEF EXECUTIVE OFFICER OF MCAFEE, LLC; 03/04/2018 – Corporate Finance Leaders Worldwide Remain Optimistic and Will Face Risk Head-On Despite Economic and Political Uncertainty,; 15/05/2018 – AMERICAN EXPRESS – USCS CARD MEMBER LOANS NET WRITE-OFF RATE-PRINCIPAL ONLY 2.3 PCT AT APRIL END VS 2.2 PCT AT MARCH END

Since August 1, 2018, it had 0 buys, and 4 selling transactions for $5.95 million activity. The insider CAMPBELL JEFFREY C sold 9,000 shares worth $960,959. 12,500 shares valued at $1.30M were sold by Squeri Stephen J on Thursday, November 1.

More notable recent American Express Company (NYSE:AXP) news were published by: Fool.com which released: “2 Cheap Dividend Stocks You Can Buy Right Now – The Motley Fool” on November 14, 2018, also Businesswire.com with their article: “The American Express Business Platinum Card Evolves with New Productivity and Travel Solutions – Business Wire” published on December 03, 2018, Bizjournals.com published: “Sneak preview into American Express’ plans for Centurion Lounge at CLT – Charlotte Business Journal” on December 05, 2018. More interesting news about American Express Company (NYSE:AXP) were released by: Bizjournals.com and their article: “Memphis company launches tech program in Nashville, floats HQ move – Nashville Business Journal” published on November 28, 2018 as well as Seekingalpha.com‘s news article titled: “Guggenheim sees good Q4 for payments firms on healthy holiday spend – Seeking Alpha” with publication date: November 29, 2018.

Riverhead Capital Management Llc, which manages about $2.53 billion US Long portfolio, upped its stake in Ventas Inc (NYSE:VTR) by 38,201 shares to 78,138 shares, valued at $4.45M in 2018Q2, according to the filing. It also increased its holding in Franklin Resources Inc (NYSE:BEN) by 13,469 shares in the quarter, for a total of 20,602 shares, and has risen its stake in Dowdupont Inc.

Among 39 analysts covering American Express Company (NYSE:AXP), 15 have Buy rating, 3 Sell and 21 Hold. Therefore 38% are positive. American Express Company had 135 analyst reports since July 23, 2015 according to SRatingsIntel. The stock has “Sell” rating by RBC Capital Markets on Friday, September 15. Bank of America maintained it with “Buy” rating and $128.0 target in Monday, December 18 report. The rating was maintained by RBC Capital Markets with “Sell” on Thursday, April 19. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, December 21. The stock of American Express Company (NYSE:AXP) earned “Hold” rating by Guggenheim on Thursday, April 19. Topeka Capital Markets initiated the shares of AXP in report on Monday, November 9 with “Hold” rating. Piper Jaffray maintained American Express Company (NYSE:AXP) on Thursday, January 18 with “Hold” rating. The stock of American Express Company (NYSE:AXP) has “Sell” rating given on Wednesday, June 14 by RBC Capital Markets. The company was initiated on Tuesday, December 22 by JMP Securities. Bank of America maintained it with “Buy” rating and $106 target in Thursday, October 19 report.

Investors sentiment increased to 0.84 in 2018 Q2. Its up 0.03, from 0.81 in 2018Q1. It improved, as 54 investors sold AXP shares while 436 reduced holdings. 94 funds opened positions while 320 raised stakes. 696.30 million shares or 0.07% more from 695.82 million shares in 2018Q1 were reported. Amer Natl Tx accumulated 130,525 shares or 0.63% of the stock. Nebraska-based Farmers Merchants Invests has invested 0% in American Express Company (NYSE:AXP). Moreover, Caprock has 0.16% invested in American Express Company (NYSE:AXP) for 7,850 shares. Rothschild Investment Corp Il has invested 0.06% in American Express Company (NYSE:AXP). Boston Advisors Lc invested 0.04% of its portfolio in American Express Company (NYSE:AXP). Wetherby Asset Mngmt has invested 0.24% in American Express Company (NYSE:AXP). Savant Limited Liability Co invested in 7,937 shares or 0.17% of the stock. Moreover, Stone Ridge Asset Mngmt Llc has 0.08% invested in American Express Company (NYSE:AXP) for 15,023 shares. Family Trust stated it has 52,303 shares or 2.28% of all its holdings. Haverford Tru holds 0.05% or 23,738 shares. Hartford Fincl Inc invested in 0.24% or 6,742 shares. Peoples Financial Services holds 1.45% of its portfolio in American Express Company (NYSE:AXP) for 26,489 shares. Fifth Third Financial Bank accumulated 223,041 shares. Cohen & Steers reported 2,234 shares. Mutual Of America Capital Mngmt Ltd Llc has invested 0.13% in American Express Company (NYSE:AXP).

Analysts await American Express Company (NYSE:AXP) to report earnings on January, 17. They expect $1.79 EPS, up 13.29% or $0.21 from last year’s $1.58 per share. AXP’s profit will be $1.53B for 15.03 P/E if the $1.79 EPS becomes a reality. After $1.88 actual EPS reported by American Express Company for the previous quarter, Wall Street now forecasts -4.79% negative EPS growth.

Since June 6, 2018, it had 0 buys, and 84 selling transactions for $2.22 billion activity. Zuckerberg Mark sold 497,000 shares worth $101.35 million. 2,000 Facebook, Inc. (NASDAQ:FB) shares with value of $300,102 were sold by Cox Christopher K. Wehner David M. sold $2.00 million worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, June 20. On Tuesday, June 12 Sandberg Sheryl sold $10.58 million worth of Facebook, Inc. (NASDAQ:FB) or 55,000 shares. Another trade for 38,185 shares valued at $5.19 million was made by Schroepfer Michael Todd on Wednesday, November 21. $392,937 worth of stock was sold by FISCHER DAVID B. on Monday, October 29.

Investors sentiment increased to 1.09 in Q2 2018. Its up 0.22, from 0.87 in 2018Q1. It is positive, as 78 investors sold FB shares while 660 reduced holdings. 187 funds opened positions while 614 raised stakes. 1.66 billion shares or 0.70% more from 1.65 billion shares in 2018Q1 were reported. Cordasco Fincl Networks, Pennsylvania-based fund reported 1,100 shares. St Germain D J invested in 0.58% or 25,225 shares. State Of Tennessee Treasury Department accumulated 1.76M shares. Gardner Lewis Asset Management Limited Partnership holds 48,580 shares. 2,323 were accumulated by Front Barnett Associates Ltd Limited Liability Company. Palestra Mngmt Ltd Liability Company holds 5.12% or 602,800 shares. Highland Capital Mgmt Limited Partnership, Texas-based fund reported 25,000 shares. Burke Herbert Fincl Bank Trust reported 2,857 shares stake. Huntington Bancorporation reported 345,432 shares. New Jersey Better Educational Savings accumulated 16,000 shares. Ascend Capital stated it has 73,106 shares or 0.67% of all its holdings. Riverpark Advsrs has 5.94% invested in Facebook, Inc. (NASDAQ:FB). Eagle Asset Incorporated accumulated 61,871 shares. Augustine Asset Mngmt holds 2,322 shares or 0.26% of its portfolio. Hightower Limited Com has invested 0.58% in Facebook, Inc. (NASDAQ:FB).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on January, 30. They expect $2.16 earnings per share, down 1.82% or $0.04 from last year’s $2.2 per share. FB’s profit will be $6.21 billion for 15.96 P/E if the $2.16 EPS becomes a reality. After $1.76 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.73% EPS growth.

Among 56 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 5 Hold. Therefore 88% are positive. Facebook had 307 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Facebook, Inc. (NASDAQ:FB) earned “Neutral” rating by UBS on Thursday, July 26. The rating was maintained by Credit Suisse with “Buy” on Tuesday, March 20. The firm has “Overweight” rating by KeyBanc Capital Markets given on Thursday, February 1. Deutsche Bank maintained Facebook, Inc. (NASDAQ:FB) on Thursday, April 28 with “Buy” rating. Robert W. Baird maintained Facebook, Inc. (NASDAQ:FB) on Thursday, July 30 with “Outperform” rating. Wedbush maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 3. Wedbush has “Outperform” rating and $162 target. As per Tuesday, September 5, the company rating was maintained by Canaccord Genuity. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, August 27. Cowen & Co maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, January 4. Cowen & Co has “Buy” rating and $220.0 target. Bank of America maintained it with “Buy” rating and $190 target in Wednesday, October 24 report.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Will Tesla Stock Find Another Gear Amidst Market Sell-Off? – Nasdaq” on November 26, 2018, also Nasdaq.com with their article: “Why Is Facebook (FB) Down 9.9% Since Last Earnings Report? – Nasdaq” published on November 29, 2018, Seekingalpha.com published: “Facebook Is Not Wrong About Everything – Seeking Alpha” on November 29, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Zuck won’t step down as Facebook chairman – Seeking Alpha” published on November 21, 2018 as well as Benzinga.com‘s news article titled: “Munster: There’s Something ‘Fundamentally Wrong’ With Facebook (NASDAQ:FB) – Benzinga” with publication date: November 16, 2018.

Facebook, Inc. (NASDAQ:FB) Institutional Positions Chart

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