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JP Morgan Cazenove Keeps GBX 1040.00 Target On National Grid PLC (LON:NG), Keeps Overweight Rating; Capstone Asset Management Company Has Trimmed By $367,350 Its Facebook Cl A (FB) Holding

Capstone Asset Management Company decreased Facebook Inc Cl A (FB) stake by 1.27% reported in 2017Q2 SEC filing. Capstone Asset Management Company sold 2,449 shares as Facebook Inc Cl A (FB)’s stock rose 10.88%. The Capstone Asset Management Company holds 189,733 shares with $28.65M value, down from 192,182 last quarter. Facebook Inc Cl A now has $511.60 billion valuation. The stock increased 1.87% or $3.23 during the last trading session, reaching $176.06. About 20.26M shares traded or 27.07% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since December 7, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

In a research report issued to clients on Thursday, 7 December, National Grid PLC (LON:NG) stock Overweight was reiterated at JP Morgan Cazenove. They currently have a GBX 1040.00 target price on the stock. JP Morgan Cazenove’s target price would suggest a potential upside of 18.14% from the company’s stock close price.

Capstone Asset Management Company increased Ball Corp (NYSE:BLL) stake by 12,790 shares to 26,710 valued at $1.13 million in 2017Q2. It also upped Marathon Pete Corp Com (NYSE:MPC) stake by 169,197 shares and now owns 228,352 shares. Cigna Corp (NYSE:CI) was raised too.

Since June 8, 2017, it had 0 insider purchases, and 2 insider sales for $5.82 million activity. On Tuesday, June 13 Stretch Colin sold $112,689 worth of Facebook, Inc. (NASDAQ:FB) or 750 shares. Shares for $21.25M were sold by Zuckerberg Mark on Thursday, June 8. Shares for $5.71 million were sold by Schroepfer Michael Todd on Tuesday, June 13.

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. Schaper Benz & Wise Invest Counsel Wi accumulated 0.44% or 17,990 shares. Myriad Asset Mgmt Limited reported 72,400 shares. 5,285 are held by Foundry. Meyer Handelman has invested 0.05% in Facebook, Inc. (NASDAQ:FB). Boston Private Wealth Ltd invested 1.2% in Facebook, Inc. (NASDAQ:FB). Magnetar Ltd Liability Com holds 0.01% or 4,123 shares. M Secs owns 13,221 shares. Private Natl Bank And owns 34,835 shares. Archford Strategies Ltd Liability Com reported 0.03% stake. Dorsey & Whitney Co Ltd Co owns 4,655 shares for 0.14% of their portfolio. Horizon Investment Llc holds 1.52% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 22,461 shares. Greystone Managed Invs, Saskatchewan – Canada-based fund reported 47,782 shares. Wagner Bowman invested in 0.21% or 4,997 shares. Us Commercial Bank De accumulated 690,196 shares. Sumitomo Mitsui stated it has 6.88M shares or 1.52% of all its holdings.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on February, 7. They expect $1.94 earnings per share, up 56.45% or $0.70 from last year’s $1.24 per share. FB’s profit will be $5.64 billion for 22.69 P/E if the $1.94 EPS becomes a reality. After $1.59 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 22.01% EPS growth.

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. The rating was maintained by Susquehanna with “Positive” on Thursday, April 28. As per Thursday, August 27, the company rating was maintained by Cantor Fitzgerald. The stock has “Buy” rating by Needham on Wednesday, September 27. The rating was reinitiated by Wedbush on Thursday, October 1 with “Outperform”. RBC Capital Markets maintained the shares of FB in report on Thursday, November 5 with “Outperform” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Suntrust Robinson on Monday, January 25. The stock of Facebook, Inc. (NASDAQ:FB) has “Outperform” rating given on Friday, October 9 by Credit Suisse. The stock has “Buy” rating by Deutsche Bank on Thursday, November 2. The firm has “Buy” rating given on Thursday, November 5 by Rosenblatt. The rating was maintained by Goldman Sachs on Thursday, July 30 with “Buy”.

Among 19 analysts covering National Grid PLC (LON:NG), 8 have Buy rating, 3 Sell and 8 Hold. Therefore 42% are positive. National Grid PLC has GBX 1200 highest and GBX 780 lowest target. GBX 994.44’s average target is 13.40% above currents GBX 876.9 stock price. National Grid PLC had 188 analyst reports since July 27, 2015 according to SRatingsIntel. AlphaValue maintained National Grid plc (LON:NG) rating on Thursday, December 24. AlphaValue has “Add” rating and GBX 985 target. The firm has “Underperform” rating given on Wednesday, July 27 by Credit Suisse. BNP Paribas maintained it with “Underperform” rating and GBX 830 target in Tuesday, October 4 report. AlphaValue maintained the shares of NG in report on Thursday, August 13 with “Add” rating. Credit Suisse maintained National Grid plc (LON:NG) on Friday, January 8 with “Underperform” rating. The firm earned “Buy” rating on Thursday, April 13 by HSBC. Barclays Capital maintained National Grid plc (LON:NG) rating on Monday, January 4. Barclays Capital has “Overweight” rating and GBX 1020 target. The stock of National Grid plc (LON:NG) earned “Neutral” rating by Credit Suisse on Monday, November 27. The firm earned “Hold” rating on Wednesday, October 19 by Investec. The stock has “Overweight” rating by JP Morgan on Friday, July 22.

National Grid plc transmits and distributes electricity and natural gas. The company has market cap of 29.67 billion GBP. It operates through UK Electricity Transmission, UK Gas Transmission, and US Regulated divisions. It has a 3.9 P/E ratio. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,200 kilometers of overhead line; 1,500 kilometers of underground cable; and 342 substations located in England and Wales.

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