Tiger Eye Capital Has Lowered Its Holding in Facebook (FB) by $4.63 Million as Stock Declined; Ironwood Investment Management Cut Its Barnes Group (B) Holding as Share Value Declined

April 24, 2018 - By Lawrence Diaz

Barnes Group Inc. (NYSE:B) Logo

Ironwood Investment Management Llc decreased its stake in Barnes Group Inc (B) by 14.01% based on its latest 2017Q4 regulatory filing with the SEC. Ironwood Investment Management Llc sold 5,000 shares as the company’s stock declined 5.92% with the market. The institutional investor held 30,680 shares of the capital goods company at the end of 2017Q4, valued at $1.94M, down from 35,680 at the end of the previous reported quarter. Ironwood Investment Management Llc who had been investing in Barnes Group Inc for a number of months, seems to be less bullish one the $3.31B market cap company. The stock increased 1.37% or $0.84 during the last trading session, reaching $62.31. About 58,507 shares traded. Barnes Group Inc. (NYSE:B) has risen 19.73% since April 24, 2017 and is uptrending. It has outperformed by 8.18% the S&P500.

Ben Gambill decreased its stake in Facebook Inc (FB) by 12.17% based on its latest 2017Q4 regulatory filing with the SEC. Tiger Eye Capital Llc sold 26,300 shares as the company’s stock declined 14.10% with the market. The hedge fund run by Ben Gambill held 189,781 shares of the technology company at the end of 2017Q4, valued at $33.49 million, down from 216,081 at the end of the previous reported quarter. Tiger Eye Capital Llc who had been investing in Facebook Inc for a number of months, seems to be less bullish one the $468.74 billion market cap company. The stock decreased 2.51% or $4.17 during the last trading session, reaching $161.67. About 10.80M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since April 24, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Analysts await Barnes Group Inc. (NYSE:B) to report earnings on April, 27 before the open. They expect $0.67 EPS, down 5.63% or $0.04 from last year’s $0.71 per share. B’s profit will be $35.57M for 23.25 P/E if the $0.67 EPS becomes a reality. After $0.71 actual EPS reported by Barnes Group Inc. for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.06, from 1.25 in 2017Q3. It improved, as 23 investors sold B shares while 64 reduced holdings. 35 funds opened positions while 79 raised stakes. 45.52 million shares or 0.42% less from 45.71 million shares in 2017Q3 were reported. Moreover, Goldman Sachs has 0% invested in Barnes Group Inc. (NYSE:B) for 157,971 shares. Ameriprise Fincl Inc invested 0.03% of its portfolio in Barnes Group Inc. (NYSE:B). Guggenheim Capital Limited Liability Corp invested 0% in Barnes Group Inc. (NYSE:B). Wells Fargo Mn holds 0% or 150,206 shares in its portfolio. Panagora Asset Mgmt owns 10,998 shares. Stifel Financial Corporation owns 283,917 shares for 0.06% of their portfolio. First Trust Advisors Ltd Partnership holds 93,806 shares or 0.01% of its portfolio. State Of Tennessee Treasury Department invested 0.01% in Barnes Group Inc. (NYSE:B). Mai Cap Mngmt owns 13,060 shares. Rmb Capital Management Lc, Illinois-based fund reported 49,202 shares. Pinebridge Invs LP reported 41,673 shares or 0.07% of all its holdings. Foundry Prtn Ltd Liability Corporation reported 267,893 shares. Tiverton Asset Mngmt Limited Liability reported 60,828 shares. California State Teachers Retirement Sys has invested 0.01% in Barnes Group Inc. (NYSE:B). Stratos Wealth Prns Ltd invested in 130 shares.

Since February 21, 2018, it had 3 buys, and 4 selling transactions for $743,077 activity. The insider MANGUM MYLLE H bought 29 shares worth $1,809. ACKER MARIAN sold $496,161 worth of Barnes Group Inc. (NYSE:B) on Wednesday, February 21. Another trade for 1,300 shares valued at $80,678 was bought by Hipple Richard J. Shares for $107,712 were sold by BARNES THOMAS O on Friday, February 23.

Among 8 analysts covering Barnes Group (NYSE:B), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Barnes Group had 24 analyst reports since July 28, 2015 according to SRatingsIntel. Sidoti upgraded Barnes Group Inc. (NYSE:B) on Tuesday, January 12 to “Buy” rating. Robert W. Baird maintained Barnes Group Inc. (NYSE:B) on Thursday, September 7 with “Hold” rating. SunTrust maintained Barnes Group Inc. (NYSE:B) rating on Monday, January 8. SunTrust has “Hold” rating and $67.0 target. The firm earned “Outperform” rating on Friday, August 7 by Oppenheimer. As per Monday, October 19, the company rating was initiated by Buckingham Research. The company was upgraded on Thursday, April 7 by Deutsche Bank. As per Monday, October 26, the company rating was maintained by Oppenheimer. The company was maintained on Wednesday, June 7 by Jefferies. Deutsche Bank maintained it with “Buy” rating and $70 target in Friday, September 8 report. The firm earned “Hold” rating on Friday, October 27 by Robert W. Baird.

Tiger Eye Capital Llc, which manages about $1.45B and $604.77M US Long portfolio, upped its stake in Square Inc by 51,400 shares to 114,998 shares, valued at $3.99M in 2017Q4, according to the filing. It also increased its holding in Amazon Com Inc (NASDAQ:AMZN) by 26,673 shares in the quarter, for a total of 27,393 shares, and has risen its stake in Interxion Holding N.V (NYSE:INXN).

Since October 26, 2017, it had 0 insider purchases, and 41 sales for $1.42 billion activity. 38,042 shares valued at $6.77 million were sold by Schroepfer Michael Todd on Tuesday, December 12. $1.05M worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B. on Friday, January 26. Sandberg Sheryl had sold 55,000 shares worth $9.18 million. Another trade for 14,901 shares valued at $2.66M was made by Wehner David M. on Thursday, February 22. 750 shares valued at $134,125 were sold by Stretch Colin on Tuesday, December 12. Another trade for 1.25M shares valued at $221.33 million was sold by Koum Jan.

Investors sentiment increased to 1.21 in 2017 Q4. Its up 0.06, from 1.15 in 2017Q3. It improved, as 57 investors sold FB shares while 621 reduced holdings. 147 funds opened positions while 670 raised stakes. 1.61 billion shares or 1.26% less from 1.63 billion shares in 2017Q3 were reported. Proshare Lc reported 1.52M shares or 1.86% of all its holdings. Quantbot Techs Ltd Partnership owns 60,776 shares or 0.99% of their US portfolio. Moreover, Bridges Counsel has 0.35% invested in Facebook, Inc. (NASDAQ:FB). Perkins Coie Tru Comm holds 0.2% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 2,220 shares. Raymond James And owns 0.54% invested in Facebook, Inc. (NASDAQ:FB) for 1.65M shares. Courage Cap Limited Liability Company reported 1.14% stake. Moody Bankshares Division, a Texas-based fund reported 15,618 shares. Rampart Inv Mngmt Ltd Liability Corporation invested in 31,933 shares. Silvercrest Asset Group Limited Liability reported 0.02% in Facebook, Inc. (NASDAQ:FB). Meiji Yasuda Asset owns 100,291 shares. 2,627 are owned by Colonial Tru Advsr. First National holds 22,476 shares or 0.44% of its portfolio. Amer Intll Group Inc Inc holds 992,835 shares or 0.58% of its portfolio. Wall Street Access Asset Management Ltd Liability Corp has invested 1.21% in Facebook, Inc. (NASDAQ:FB). Nomura has invested 0.27% in Facebook, Inc. (NASDAQ:FB).

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on April, 25 after the close. They expect $1.36 EPS, up 30.77% or $0.32 from last year’s $1.04 per share. FB’s profit will be $3.94B for 29.72 P/E if the $1.36 EPS becomes a reality. After $2.20 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts -38.18% negative EPS growth.

Barnes Group Inc. (NYSE:B) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>