Cue Financial Group Cut Its Stake in Medley Cap (MCC) by $503,550 as Share Value Declined; Efg Asset Management Americas Has Decreased Stake in Facebook (FB) by $2.88 Million as Share Price Declined

August 12, 2018 - By Victoria Pittman

Facebook, Inc. (NASDAQ:FB) Logo

Cue Financial Group Inc decreased its stake in Medley Cap Corp (MCC) by 46.94% based on its latest 2018Q1 regulatory filing with the SEC. Cue Financial Group Inc sold 167,850 shares as the company’s stock declined 15.31% with the market. The institutional investor held 189,750 shares of the company at the end of 2018Q1, valued at $755,000, down from 357,600 at the end of the previous reported quarter. Cue Financial Group Inc who had been investing in Medley Cap Corp for a number of months, seems to be less bullish one the $195.56 million market cap company. The stock increased 6.21% or $0.21 during the last trading session, reaching $3.59. About 1.59 million shares traded or 573.04% up from the average. Medley Capital Corporation (NYSE:MCC) has declined 40.90% since August 12, 2017 and is downtrending. It has underperformed by 53.47% the S&P500. Some Historical MCC News: 13/03/2018 MCC JAN.-FEB. NEW CONTRACT VALUE RISES 19.3% ON YEAR; 17/04/2018 – ROUMELL ASSET MANAGEMENT SUBMITS LETTER TO BOARD OF MEDLEY; 24/04/2018 – MCC, KU Sign Agreement to Advance Pathways for Kansas City Students; 09/05/2018 – Medley Capital 2Q Net Investment Income 7c/Shr; 17/05/2018 – After Judges Deny Medley Capital Corporation’s Emergency Appeal, Lawsuit brought by Modern VideoFilm’s Shareholder Against Medley for Damages in Excess of $150 Million Set to Proceed on June 12th; 27/03/2018 – TheaterMania: EXCLUSIVE: Jordan Fisher Sings “I’m Here” From The Color Purple at MCC’s Miscast; 31/05/2018 – Medley Genomics Awarded NCI SBIR to Advance Development of Novel Data Analytics for Personalized Cancer Treatments; 09/05/2018 – MEDLEY CAPITAL 2Q INVESTMENT EPS 7C, EST. 14C; 29/03/2018 – Jim Simons’s Son-in-Law Discloses $3 Billion in Assets at Medley; 09/05/2018 – MEDLEY CAPITAL CORP – TOTAL VALUE OF INVESTMENTS WAS $746.8 MLN AT MARCH 31

Efg Asset Management Americas Corp decreased its stake in Facebook Inc (FB) by 63.95% based on its latest 2018Q1 regulatory filing with the SEC. Efg Asset Management Americas Corp sold 18,118 shares as the company’s stock declined 0.01% with the market. The institutional investor held 10,213 shares of the technology company at the end of 2018Q1, valued at $1.63M, down from 28,331 at the end of the previous reported quarter. Efg Asset Management Americas Corp who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $520.45B market cap company. The stock decreased 1.55% or $2.83 during the last trading session, reaching $180.26. About 20.35 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since August 12, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 08/04/2018 – Republican senator says Facebook scandals may be ‘too big’ for company to fix alone; 22/05/2018 – Activists turn tables on companies as EU privacy law comes in; 01/05/2018 – Oculus Go, the virtual reality headset Facebook hopes will bring VR to the mainstream, is finally here; 23/03/2018 – UK High Court grants Cambridge Analytica search warrant to ICO; 20/04/2018 – Hamburg data protection officer opens non-compliance procedure against Facebook; 26/03/2018 – CMO Today: Madison Avenue and Silicon Valley Tension; Vestager’s ‘Grave Suspicions’ About Google; Facebook’s Apology Ads; 12/04/2018 – Recode’s Teddy Schleifer on Spotify’s IPO and Kurt Wagner on Facebook and Cambridge Analytica #TooEmbarrassed (transcript); 21/03/2018 – Mark Zuckerberg will finally speak today about Facebook’s privacy scandal There’s a lot to discuss; 26/04/2018 – Unlike in U.S., Facebook Faces Tough Questions in Britain; 21/03/2018 – ACADEMIC LINKED TO CAMBRIDGE ANALYTICA SAYS THE ONLY THING l DID WRONG WAS l DID NOT ASK ENOUGH QUESTIONS-BBC

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Seekingalpha.com which released: “Facebook: A Company That Shouldn’t Predict Its Earnings” on August 06, 2018, also Seekingalpha.com with their article: “Facebook Is Already Recovering Again” published on August 10, 2018, Nasdaq.com published: “Facebook (FB) 2nd Quarter Earnings: What to Expect” on July 25, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Seekingalpha.com and their article: “Reports Of Facebook’s Death Are Greatly Exaggerated” published on August 03, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook trims gains after response to WSJ banking story” with publication date: August 06, 2018.

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.34, from 1.21 in 2017Q4. It dropped, 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. Tributary Capital Mngmt Ltd Liability Corp accumulated 6,200 shares. Ashford Capital Mngmt Incorporated has 0.05% invested in Facebook, Inc. (NASDAQ:FB) for 2,173 shares. Mirador Cap Ptnrs Limited Partnership reported 23,994 shares. Taconic Cap Advisors Limited Partnership has 21.37% invested in Facebook, Inc. (NASDAQ:FB). 70,959 were accumulated by Veritable Limited Partnership. Grand Jean Cap Mgmt has 3.42% invested in Facebook, Inc. (NASDAQ:FB). Tpg Gru Hldgs (Sbs) Advsr reported 33,090 shares stake. Dupont Cap Mngmt Corporation holds 285,821 shares or 1.1% of its portfolio. Hermes Inv Mgmt invested in 0.42% or 180,658 shares. Riverpark Advisors Lc accumulated 5.4% or 175,605 shares. Cap Fund Mgmt holds 0.34% or 353,863 shares. 643,297 are owned by Hoplite Cap Mngmt L P. 150,903 were accumulated by Gofen And Glossberg Llc Il. Northstar Gp has 10,120 shares for 0.84% of their portfolio. Security reported 0.71% in Facebook, Inc. (NASDAQ:FB).

Among 56 analysts covering Facebook (NASDAQ:FB), 50 have Buy rating, 2 Sell and 4 Hold. Therefore 89% are positive. Facebook had 291 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Raymond James to “Strong Buy” on Friday, January 13. On Thursday, July 30 the stock rating was maintained by FBR Capital with “Outperform”. Credit Suisse maintained the shares of FB in report on Tuesday, March 20 with “Buy” rating. Credit Suisse maintained the stock with “Outperform” rating in Thursday, April 28 report. The firm has “Outperform” rating by FBR Capital given on Thursday, November 5. On Thursday, November 5 the stock rating was maintained by Deutsche Bank with “Buy”. The stock of Facebook, Inc. (NASDAQ:FB) earned “Outperform” rating by Wells Fargo on Thursday, November 3. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Jefferies on Wednesday, August 30. As per Thursday, April 28, the company rating was maintained by Goldman Sachs. Jefferies maintained the shares of FB in report on Thursday, February 1 with “Buy” rating.

Since February 12, 2018, it had 0 insider buys, and 98 sales for $4.56 billion activity. 750 shares were sold by Stretch Colin, worth $130,500 on Wednesday, August 1. $880,309 worth of Facebook, Inc. (NASDAQ:FB) was sold by Wehner David M.. Shares for $7.31 million were sold by Schroepfer Michael Todd on Tuesday, June 12. The insider Sandberg Sheryl sold 55,000 shares worth $10.07 million. The insider Cox Christopher K sold $2.03M. Koum Jan also sold $231.84M worth of Facebook, Inc. (NASDAQ:FB) shares.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on November, 7. They expect $1.48 EPS, down 6.92% or $0.11 from last year’s $1.59 per share. FB’s profit will be $4.27B for 30.45 P/E if the $1.48 EPS becomes a reality. After $1.74 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -14.94% negative EPS growth.

Efg Asset Management Americas Corp, which manages about $1.65B and $241.17 million US Long portfolio, upped its stake in Universal Display Corp (NASDAQ:OLED) by 4,087 shares to 8,627 shares, valued at $871,000 in 2018Q1, according to the filing. It also increased its holding in Illumina Inc (NASDAQ:ILMN) by 1,797 shares in the quarter, for a total of 3,631 shares, and has risen its stake in S&P Global Inc.

More recent Medley Capital Corporation (NYSE:MCC) news were published by: Benzinga.com which released: “30 Stocks Moving In Friday’s Pre-Market Session” on August 10, 2018. Also Seekingalpha.com published the news titled: “Medley Capital 2018 Q3 – Results – Earnings Call Slides” on August 10, 2018. Businesswire.com‘s news article titled: “Sierra, MCC and MDLY Announce Merger to Create 2” with publication date: August 09, 2018 was also an interesting one.

Cue Financial Group Inc, which manages about $333.03 million and $151.47 million US Long portfolio, upped its stake in Fiserv Inc (NASDAQ:FISV) by 9,021 shares to 17,559 shares, valued at $1.25M in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (EEM) by 12,650 shares in the quarter, for a total of 22,274 shares, and has risen its stake in Ishares Tr (EFA).

Medley Capital Corporation (NYSE:MCC) Institutional Positions Chart

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