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As Facebook (FB) Market Valuation Declined, Origin Asset Management Llp Has Trimmed Its Stake by $8.92 Million; Rowland & Company Investment Counsel Lowered Genuine Parts Co (GPC) Holding by $6.11 Million

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Rowland & Company Investment Counsel decreased its stake in Genuine Parts Co (GPC) by 0.1% based on its latest 2018Q1 regulatory filing with the SEC. Rowland & Company Investment Counsel sold 68 shares as the company’s stock declined 3.57% with the market. The institutional investor held 68,572 shares of the automotive aftermarket company at the end of 2018Q1, valued at $6.16B, down from 68,640 at the end of the previous reported quarter. Rowland & Company Investment Counsel who had been investing in Genuine Parts Co for a number of months, seems to be less bullish one the $13.88B market cap company. The stock decreased 0.50% or $0.48 during the last trading session, reaching $94.59. About 65,035 shares traded. Genuine Parts Company (NYSE:GPC) has risen 0.13% since June 18, 2017 and is uptrending. It has underperformed by 12.44% the S&P500. Some Historical GPC News: 16/04/2018 – Genuine Parts Co expected to post earnings of $1.32 a share – Earnings Preview; 19/04/2018 – Genuine Parts Backs 2018 Adj EPS $5.60-Adj EPS $5.75; 17/05/2018 – Essendant: Plan Is Structured Such That It Won’t Be Triggered by Merger Agreement With Genuine Parts; 12/04/2018 – ESSENDANT INC – DEAL HAS BEEN UNANIMOUSLY APPROVED BY BOARDS OF CO & GENUINE PARTS COMPANY, IS EXPECTED TO BE TAX FREE TO COS RESPECTIVE SHAREHOLDERS; 16/05/2018 – STAPLES – ON MAY 10, ESSENDANT SENT DRAFT OF ‘; 16/05/2018 – Staples Reviewed Genuine Parts Deal And Sent Another Letter to Essendant April 29; 19/04/2018 – Genuine Parts 1Q Adj EPS $1.27; 16/05/2018 – Genuine Parts Company Comments On Definitive Merger Agreement With Essendant Following Staples’ Conditional, Non-Binding Propos; 02/05/2018 – GPC Releases Recommendations to Overcome Challenges in Core Outcome Set Adoption and Implementation in Clinical Trials; 16/05/2018 – STAPLES: ESND DECLINED TALKS IN APRIL, CITED GENUINE PARTS PACT

Origin Asset Management Llp decreased its stake in Facebook Inc (FB) by 19.27% based on its latest 2018Q1 regulatory filing with the SEC. Origin Asset Management Llp sold 56,100 shares as the company’s stock declined 0.01% with the market. The institutional investor held 235,080 shares of the technology company at the end of 2018Q1, valued at $37.56M, down from 291,180 at the end of the previous reported quarter. Origin Asset Management Llp who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $571.75 billion market cap company. The stock increased 0.85% or $1.6705 during the last trading session, reaching $197.5205. About 4.75 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 18, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 16/04/2018 – Bumble will allow users to log in without Facebook. Via @verge:; 20/03/2018 – LBC Breaking: The parliamentary inquiry into fake news has called on Facebook founder Mark Zuckerberg to give evidence,; 27/03/2018 – Yahoo! Finance: Facebook’s Zuckerberg to testify before Congress; 23/05/2018 – Facebook suggests no compensation for European users affected by data breach; 29/03/2018 – FB: Facebook was informed privacy breach app might sell user data; 20/03/2018 – Facebook’s marketing VP says the company is ‘beyond disturbed’ by data scandal. $FB; 05/03/2018 – Ex-Trump aide Nunberg says will not comply with Russia probe subpoena; 21/05/2018 – METLIFE, JOHN BUCK & GOLUB REPORT FACEBOOK LEASE OF PARK TOWER; 23/03/2018 – Facebook Cambridge Analytica data scandal has generated justified anger; 02/05/2018 – Adweek: Breaking: Cambridge Analytica is shutting down and declaring bankruptcy after the Facebook data controversy:…

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook had 273 analyst reports since July 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 2 with “Overweight” rating. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Robert W. Baird on Friday, September 1. Jefferies maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, April 28. Jefferies has “Buy” rating and $160 target. The rating was maintained by Jefferies with “Buy” on Sunday, April 8. The rating was maintained by Cantor Fitzgerald with “Buy” on Tuesday, October 31. Piper Jaffray maintained the stock with “Buy” rating in Monday, September 4 report. Credit Suisse maintained the stock with “Outperform” rating in Friday, April 20 report. Wells Fargo maintained the stock with “Buy” rating in Tuesday, May 1 report. The firm has “Buy” rating given on Tuesday, September 5 by Canaccord Genuity. Cantor Fitzgerald maintained the stock with “Buy” rating in Thursday, November 3 report.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 earnings per share, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98B for 28.71 P/E if the $1.72 EPS becomes a reality. After $1.69 actual earnings per share reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

Since December 19, 2017, it had 0 insider buys, and 69 sales for $3.12 billion activity. FISCHER DAVID B. also sold $3.29M worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, February 27. Schroepfer Michael Todd sold 38,050 shares worth $6.64 million. $1.96 million worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Cox Christopher K. $143,250 worth of Facebook, Inc. (NASDAQ:FB) shares were sold by Stretch Colin. 14,901 shares were sold by Wehner David M., worth $2.66M on Thursday, February 22. Koum Jan had sold 1.25 million shares worth $221.33 million on Thursday, February 15.

Origin Asset Management Llp, which manages about $2.70B and $1.59B US Long portfolio, upped its stake in Marathon Pete Corp (NYSE:MPC) by 131,300 shares to 226,300 shares, valued at $16.55 million in 2018Q1, according to the filing. It also increased its holding in Mastercard Inc (NYSE:MA) by 57,500 shares in the quarter, for a total of 167,800 shares, and has risen its stake in Mks Instrument Inc (NASDAQ:MKSI).

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Nasdaq.com which released: “Facebook Inc (FB) Beefs Up Instagram Videos to Challenge Rivals” on June 07, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) COB and CEO Mark Zuckerberg Sold $130.1 million of Shares” published on June 14, 2018, Nasdaq.com published: “Facebook Inc (FB) Adds User Reviews for Ads to Identify Bad Businesses” on June 13, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Finance.Yahoo.com and their article: “Facebook, Inc. (NASDAQ:FB) In Trouble For Sharing Data With Chinese Company” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook: What Are Folks Missing?” with publication date: June 06, 2018.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It is negative, as 145 investors sold FB shares while 712 reduced holdings. 173 funds opened positions while 573 raised stakes. 1.65 billion shares or 2.41% more from 1.61 billion shares in 2017Q4 were reported. Hartline Investment Corporation has 1.65% invested in Facebook, Inc. (NASDAQ:FB). The New Jersey-based Hallmark Capital Management has invested 0.06% in Facebook, Inc. (NASDAQ:FB). Pictet And Cie (Europe) owns 127,635 shares for 3.37% of their portfolio. Quantitative Systematic Strategies Limited Com holds 0.23% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 6,638 shares. Jolley Asset Mgmt Llc reported 7 shares or 0% of all its holdings. Welch & Forbes Ltd stated it has 0.96% of its portfolio in Facebook, Inc. (NASDAQ:FB). State Of New Jersey Common Pension Fund D holds 2.74 million shares or 1.68% of its portfolio. Greenwich Wealth Mngmt Limited Liability Corp holds 2,056 shares or 0.05% of its portfolio. 78,909 are held by Clinton Grp. Moreover, Mark Sheptoff Financial Planning Llc has 0.04% invested in Facebook, Inc. (NASDAQ:FB) for 361 shares. Everence Capital Management holds 1.87% or 52,985 shares in its portfolio. Bridger Mgmt Limited Com reported 174,731 shares stake. Burke And Herbert Bankshares And Trust reported 2,037 shares stake. Noven Fincl Gru accumulated 0.29% or 3,305 shares. Raab & Moskowitz Asset Mngmt Limited Company holds 5,328 shares.

Among 13 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. Genuine Parts Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. Wedbush maintained Genuine Parts Company (NYSE:GPC) on Thursday, October 20 with “Neutral” rating. The rating was initiated by Atlantic Securities on Wednesday, December 14 with “Neutral”. Jefferies maintained Genuine Parts Company (NYSE:GPC) on Wednesday, April 19 with “Hold” rating. The rating was maintained by RBC Capital Markets with “Hold” on Thursday, July 20. RBC Capital Markets maintained the stock with “Hold” rating in Friday, May 26 report. On Tuesday, July 21 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The company was downgraded on Friday, July 15 by Jefferies. RBC Capital Markets maintained it with “Hold” rating and $95.0 target in Friday, October 20 report. The firm has “Hold” rating by RBC Capital Markets given on Friday, November 10. The rating was maintained by Jefferies with “Hold” on Friday, September 8.

Investors sentiment increased to 0.95 in 2018 Q1. Its up 0.01, from 0.94 in 2017Q4. It increased, as 33 investors sold GPC shares while 206 reduced holdings. 62 funds opened positions while 164 raised stakes. 104.87 million shares or 1.34% less from 106.29 million shares in 2017Q4 were reported. Norinchukin National Bank & Trust The, a Japan-based fund reported 15,444 shares. New York State Teachers Retirement owns 215,278 shares for 0.05% of their portfolio. California-based California State Teachers Retirement Systems has invested 0.05% in Genuine Parts Company (NYSE:GPC). Liberty Mutual Asset Management stated it has 5,852 shares. Employees Retirement Association Of Colorado reported 24,947 shares. Northwestern Mutual Wealth Mgmt reported 3,580 shares. Morgan Stanley holds 0.02% of its portfolio in Genuine Parts Company (NYSE:GPC) for 970,367 shares. First Merchants stated it has 24,357 shares or 0.37% of all its holdings. Peapack Gladstone Corporation holds 0% or 40,808 shares in its portfolio. 78,084 were accumulated by Kcm Inv Lc. The Switzerland-based Gam Hldgs Ag has invested 0.08% in Genuine Parts Company (NYSE:GPC). First Long Island Investors Lc has invested 1.52% in Genuine Parts Company (NYSE:GPC). Grimes, a Massachusetts-based fund reported 3,204 shares. Mariner Wealth Advsr accumulated 2,896 shares. State Of Wisconsin Investment Board has invested 0.03% in Genuine Parts Company (NYSE:GPC).

Analysts await Genuine Parts Company (NYSE:GPC) to report earnings on July, 19. They expect $1.56 EPS, up 20.93% or $0.27 from last year’s $1.29 per share. GPC’s profit will be $228.91 million for 15.16 P/E if the $1.56 EPS becomes a reality. After $1.27 actual EPS reported by Genuine Parts Company for the previous quarter, Wall Street now forecasts 22.83% EPS growth.

More notable recent Genuine Parts Company (NYSE:GPC) news were published by: Streetinsider.com which released: “Genuine Parts (GPC) to Acquire Hennig Fahrzeugteile Group” on June 07, 2018, also Globenewswire.com with their article: “New Research Coverage Highlights Avery Dennison, Raymond James Financial, Genuine Parts, Kimco Realty, Bristow …” published on June 15, 2018, Livetradingnews.com published: “Genuine Parts Company (NYSE:GPC) Bullish Trend” on June 01, 2018. More interesting news about Genuine Parts Company (NYSE:GPC) were released by: Seekingalpha.com and their article: “Essendant -10.6% as FTC issues second request on GPC deal” published on June 06, 2018 as well as Bizjournals.com‘s news article titled: “Atlanta loses another great leader – Wilton Looney at 99” with publication date: June 04, 2018.

Rowland & Company Investment Counsel, which manages about $228.64M and $252.25 billion US Long portfolio, upped its stake in Packaging Corp Of Am (NYSE:PKG) by 6 shares to 3,234 shares, valued at $367.26M in 2018Q1, according to the filing. It also increased its holding in Leggett & Platt Inc (NYSE:LEG) by 447 shares in the quarter, for a total of 29,586 shares, and has risen its stake in Exxon Mobil Corp (NYSE:XOM).

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