As Kirby (KEX) Share Value Rose, Arosa Capital Management LP Lifted Stake; Optimum Investment Advisors Trimmed Its Facebook (Call) (FB) Stake by $316,400

June 15, 2018 - By Adrian Mccoy

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Arosa Capital Management Lp increased its stake in Kirby Corp (KEX) by 2231.6% based on its latest 2018Q1 regulatory filing with the SEC. Arosa Capital Management Lp bought 290,108 shares as the company’s stock rose 17.31% while stock markets declined. The institutional investor held 303,108 shares of the marine transportation company at the end of 2018Q1, valued at $23.32M, up from 13,000 at the end of the previous reported quarter. Arosa Capital Management Lp who had been investing in Kirby Corp for a number of months, seems to be bullish on the $5.04B market cap company. The stock decreased 1.46% or $1.25 during the last trading session, reaching $84.4. About 315,504 shares traded. Kirby Corporation (NYSE:KEX) has risen 33.85% since June 15, 2017 and is uptrending. It has outperformed by 21.28% the S&P500. Some Historical KEX News: 03/05/2018 – KIRBY IN PACT TO BUY PRESSURE BARGES FROM TARGA RESOURCES CORP; 25/04/2018 – Kirby Corp 1Q EPS 54c; 03/05/2018 – Kirby Corporation Signs Agreement To Purchase Pressure Barges From Targa Resources Corp; 03/05/2018 – Kirby Corp to Acquire Targa’s Inland Marine Tank Barge Business for $69.3M in Cash; 25/04/2018 – KIRBY CORP KEX.N FY2018 SHR VIEW $2.84 — THOMSON REUTERS l/B/E/S; 03/05/2018 – KIRBY IN PACT TO BUY PRESSURE BARGES FOR $69.3M IN CASH; 25/04/2018 – KIRBY CORP – EXPECTS 2018 CAPITAL SPENDING TO BE IN $200 TO $225 MLN RANGE; 25/04/2018 – KIRBY CORP KEX.N LOWERS FY 2018 SHR VIEW TO $2.15 TO $2.65; 03/05/2018 – KIRBY SEES BARGES ABOUT $0.02-SHR ADDING IN 2018; 03/05/2018 – Kirby Corp Sees Deal Closing End 2

Optimum Investment Advisors decreased its stake in Facebook Inc (Call) (FB) by 97.84% based on its latest 2018Q1 regulatory filing with the SEC. Optimum Investment Advisors sold 22,600 shares as the company’s stock declined 0.01% with the market. The institutional investor held 500 shares of the technology company at the end of 2018Q1, valued at $7,000, down from 23,100 at the end of the previous reported quarter. Optimum Investment Advisors who had been investing in Facebook Inc (Call) for a number of months, seems to be less bullish one the $569.78 billion market cap company. The stock increased 0.02% or $0.031 during the last trading session, reaching $196.841. About 11.31M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 21.69% since June 15, 2017 and is uptrending. It has outperformed by 9.12% the S&P500. Some Historical FB News: 11/04/2018 – Zuck’s Polished Performance Won’t Quell Facebook Crisis — Barron’s Blog; 12/04/2018 – EXCLUSIVE-EU to demand improvements on tackling fake news by end of year – draft; 13/04/2018 – Russia to ban Telegram messenger over encryption dispute; 24/04/2018 – Informatica Launches Intelligent, Automated Enterprise Data Governance Powered by Al; 19/03/2018 – CNBC Now: BREAKING: Facebook chief security officer Alex Stamos is leaving the company after disagreements with the firm; 07/05/2018 – New York Post: Facebook’s `suggested friends’ feature is boon to terrorists: study; 19/03/2018 – Selling Apple, Microsoft, Intel, Buying Facebook — Barrons.com; 28/04/2018 – Plan for EU digital tax on firms’ turnover draws sharp criticism; 04/04/2018 – FACEBOOK SAYS REVIEWED CALL & TEXT HISTORY FEATURE TO CONFIRM THAT CO DOES NOT COLLECT CONTENT OF MESSAGES, AND WILL DELETE ALL LOGS OLDER THAN 1 YR; 16/04/2018 – FACEBOOK INTRODUCING PRIME TIME ANYTIME

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 247Wallst.com with their article: “6 Most Important Things In Business Today” published on June 15, 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: Nasdaq.com and their article: “Microsoft Corporation and Cloud Kings Become Chip Giants” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Facebook to invest $750M in new Alabama data center” with publication date: June 14, 2018.

Since December 19, 2017, it had 0 buys, and 70 insider sales for $3.12 billion activity. $139,500 worth of Facebook, Inc. (NASDAQ:FB) was sold by Stretch Colin on Wednesday, May 30. The insider FISCHER DAVID B. sold 18,096 shares worth $3.36 million. 55,000 shares were sold by Sandberg Sheryl, worth $10.28 million. On Tuesday, April 10 Schroepfer Michael Todd sold $6.15M worth of Facebook, Inc. (NASDAQ:FB) or 38,104 shares. Shares for $221.33 million were sold by Koum Jan on Thursday, February 15. On Tuesday, May 22 the insider Cox Christopher K sold $1.96 million.

Analysts await Facebook, Inc. (NASDAQ:FB) to report earnings on July, 25. They expect $1.72 EPS, up 30.30% or $0.40 from last year’s $1.32 per share. FB’s profit will be $4.98 billion for 28.61 P/E if the $1.72 EPS becomes a reality. After $1.69 actual EPS reported by Facebook, Inc. for the previous quarter, Wall Street now forecasts 1.78% EPS growth.

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. The rating was maintained by KeyBanc Capital Markets on Thursday, November 2 with “Overweight”. The stock has “Buy” rating by Deutsche Bank on Thursday, July 30. The stock has “Buy” rating by FBN Securities on Thursday, July 27. The company was maintained on Thursday, April 28 by Axiom Capital. The stock has “Buy” rating by Monness Crespi on Thursday, April 28. The firm has “Buy” rating given on Thursday, April 26 by Robert W. Baird. On Thursday, November 2 the stock rating was maintained by J.P. Morgan with “Buy”. Citigroup maintained it with “Buy” rating and $210 target in Thursday, November 2 report. As per Thursday, July 20, the company rating was maintained by William Blair. Pivotal Research downgraded the stock to “Sell” rating in Monday, July 31 report.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.34, from 1.21 in 2017Q4. It fall, 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. Sageworth Tru holds 0% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 188 shares. Anderson Hoagland & Company, a Missouri-based fund reported 18,797 shares. Blume Capital Management has invested 0.27% in Facebook, Inc. (NASDAQ:FB). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment owns 464,300 shares. Moreover, Cap Limited Ca has 2.41% invested in Facebook, Inc. (NASDAQ:FB). Banque Pictet Cie Sa has 2.39% invested in Facebook, Inc. (NASDAQ:FB) for 711,917 shares. Hardman Johnston Global Advsr Ltd Liability holds 0.41% in Facebook, Inc. (NASDAQ:FB) or 60,290 shares. Horizon Services Limited Liability Com has invested 1.49% of its portfolio in Facebook, Inc. (NASDAQ:FB). Sandler Cap Management holds 0.07% of its portfolio in Facebook, Inc. (NASDAQ:FB) for 3,600 shares. Tci Wealth Advsr Inc holds 0.27% or 3,682 shares in its portfolio. Torray Ltd Llc reported 112,044 shares. 151,000 were accumulated by Falcon Edge Capital Lp. Convergence Prns Ltd reported 3,561 shares. Noven Financial has 0.29% invested in Facebook, Inc. (NASDAQ:FB). 5,675 are held by Baker Avenue Asset Ltd Partnership.

Another recent and important Kirby Corporation (NYSE:KEX) news was published by Globenewswire.com which published an article titled: “New Research: Key Drivers of Growth for CBIZ, Range Resources, Pepsico, Kirby, Moog, and American Water Works …” on June 11, 2018.

Among 15 analysts covering Kirby (NYSE:KEX), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Kirby had 41 analyst reports since July 31, 2015 according to SRatingsIntel. The company was maintained on Monday, October 16 by Jefferies. The stock has “Buy” rating by Stifel Nicolaus on Friday, April 27. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 31 report. On Thursday, February 1 the stock rating was maintained by Bank of America with “Underperform”. The company was maintained on Monday, July 3 by Jefferies. Jefferies maintained Kirby Corporation (NYSE:KEX) on Tuesday, May 30 with “Buy” rating. Jefferies initiated Kirby Corporation (NYSE:KEX) rating on Monday, December 18. Jefferies has “Buy” rating and $85.0 target. On Thursday, July 27 the stock rating was maintained by Cowen & Co with “Hold”. Wells Fargo upgraded Kirby Corporation (NYSE:KEX) rating on Monday, January 22. Wells Fargo has “Buy” rating and $83.0 target. The company was upgraded on Thursday, October 1 by Macquarie Research.

Since February 5, 2018, it had 0 buys, and 14 sales for $17.86 million activity. Shares for $2.26M were sold by Waterman William M. on Thursday, May 17. 986 shares were sold by Castro Renato A, worth $88,937 on Friday, May 11. O’Neil Christian G. had sold 1,000 shares worth $90,850. 1,550 Kirby Corporation (NYSE:KEX) shares with value of $143,336 were sold by Clarke Kim B. ALARIO RICHARD J sold $1.47 million worth of stock. $124,142 worth of Kirby Corporation (NYSE:KEX) was sold by STRAHAN DORMAN LYNN on Tuesday, February 13.

Arosa Capital Management Lp, which manages about $456.37 million and $719.65M US Long portfolio, decreased its stake in Cabot Oil & Gas Corp (NYSE:COG) by 297,769 shares to 297,309 shares, valued at $7.13M in 2018Q1, according to the filing. It also reduced its holding in Andeavor by 14,580 shares in the quarter, leaving it with 42,869 shares, and cut its stake in Targa Res Corp (NYSE:TRGP).

Investors sentiment decreased to 0.87 in Q1 2018. Its down 0.18, from 1.05 in 2017Q4. It dropped, as 16 investors sold KEX shares while 87 reduced holdings. 36 funds opened positions while 54 raised stakes. 54.19 million shares or 1.23% less from 54.86 million shares in 2017Q4 were reported. 275 are owned by Barrow Hanley Mewhinney And Strauss Ltd Liability Co. Prelude Capital Mgmt Lc holds 0% of its portfolio in Kirby Corporation (NYSE:KEX) for 109 shares. Federated Investors Pa has 0.01% invested in Kirby Corporation (NYSE:KEX) for 59,296 shares. Norman Fields Gottscho Capital Management Ltd Liability reported 6,000 shares stake. Liberty Mutual Grp Asset Mngmt holds 10,582 shares. Sei Invests reported 0.01% in Kirby Corporation (NYSE:KEX). 1,373 are held by Bessemer Grp Inc. Morgan Stanley owns 123,986 shares for 0% of their portfolio. Verition Fund Llc stated it has 0.03% of its portfolio in Kirby Corporation (NYSE:KEX). 3,645 are owned by Lpl Limited Com. Employees Retirement Sys Of Texas reported 54,000 shares. Louisiana State Employees Retirement System invested in 14,100 shares or 0.05% of the stock. Advantus Cap invested in 0.01% or 6,617 shares. Walleye Trading Ltd Llc owns 502 shares. 1.78M were reported by Wellington Gru Llp.

Kirby Corporation (NYSE:KEX) Institutional Positions Chart

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