Bristol John W & Company Cut Facebook (FB) Holding By $2.22 Million; 0 Analysts Bullish National Commerce (NCOM)

May 17, 2018 - By John Hoffman

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Among 5 analysts covering National Commerce Corp (NASDAQ:NCOM), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. National Commerce Corp had 13 analyst reports since August 27, 2015 according to SRatingsIntel. The firm has “Hold” rating by Keefe Bruyette & Woods given on Thursday, June 8. The company was initiated on Wednesday, May 18 by FBR Capital. The firm has “Hold” rating by Keefe Bruyette & Woods given on Wednesday, August 23. The rating was downgraded by FIG Partners to “Market Perform” on Thursday, September 1. Keefe Bruyette & Woods maintained it with “Hold” rating and $45.0 target in Thursday, December 21 report. The company was maintained on Tuesday, October 3 by Keefe Bruyette & Woods. The firm has “Hold” rating given on Wednesday, August 16 by Keefe Bruyette & Woods. Stephens maintained National Commerce Corporation (NASDAQ:NCOM) rating on Wednesday, July 26. Stephens has “Hold” rating and $4100 target. The stock of National Commerce Corporation (NASDAQ:NCOM) has “Hold” rating given on Sunday, January 28 by Keefe Bruyette & Woods. The stock of National Commerce Corporation (NASDAQ:NCOM) earned “Hold” rating by Stephens on Thursday, August 17. See National Commerce Corporation (NASDAQ:NCOM) latest ratings:

28/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $47.0 Maintain
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $45.0 Maintain

Bristol John W & Company Inc decreased Facebook Inc (FB) stake by 4.31% reported in 2017Q4 SEC filing. Bristol John W & Company Inc sold 12,596 shares as Facebook Inc (FB)’s stock declined 14.10%. The Bristol John W & Company Inc holds 279,386 shares with $49.30 million value, down from 291,982 last quarter. Facebook Inc now has $530.30 billion valuation. The stock decreased 0.61% or $1.12 during the last trading session, reaching $183.2. About 15.54M shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 17, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

The stock increased 0.55% or $0.25 during the last trading session, reaching $45.4. About 17,744 shares traded. National Commerce Corporation (NASDAQ:NCOM) has risen 18.83% since May 17, 2017 and is uptrending. It has outperformed by 7.28% the S&P500.

More notable recent National Commerce Corporation (NASDAQ:NCOM) news were published by: Globenewswire.com which released: “National Commerce Corporation Announces First Quarter 2018 Earnings” on April 24, 2018, also Seekingalpha.com with their article: “National Commerce 2018 Q1 – Results – Earnings Call Slides” published on April 25, 2018, Seekingalpha.com published: “National Commerce’s (NCOM) CEO, Richard Murray on Q1 2018 Results – Earnings Call Transcript” on April 25, 2018. More interesting news about National Commerce Corporation (NASDAQ:NCOM) were released by: Nasdaq.com and their article: “Landmark Bancshares, Inc. Enters into Definitive Agreement to Join National Commerce Corporation” published on April 24, 2018 as well as Businesswire.com‘s news article titled: “KBRA Comments on National Commerce Corporation’s Merger with Landmark Bancshares, Inc.” with publication date: April 26, 2018.

National Commerce Corporation operates as a bank holding firm for National Bank of Commerce that provides various financial services to individuals, businesses, business owners, and professionals. The company has market cap of $782.21 million. The firm accepts various deposit products, including interest and noninterest-bearing demand deposits, money market accounts, interest-bearing transaction accounts, savings and time deposits, checking accounts, and certificates of deposit, as well as negotiable orders of withdrawal accounts. It has a 32.2 P/E ratio. It also offers real estate loans, such as commercial real estate term, residential mortgage, and construction and land development loans, as well as home equity lines of credit secured by residential property; commercial and industrial loans; and consumer loans to purchase automobiles and other consumer durable goods.

Among 55 analysts covering Facebook (NASDAQ:FB), 51 have Buy rating, 2 Sell and 2 Hold. Therefore 93% are positive. Facebook has $275 highest and $88 lowest target. $194.63’s average target is 6.24% above currents $183.2 stock price. Facebook had 269 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Overweight” rating on Wednesday, April 4 by Morgan Stanley. The firm earned “Overweight” rating on Thursday, November 5 by Barclays Capital. The firm earned “Outperform” rating on Friday, April 20 by Credit Suisse. As per Wednesday, July 19, the company rating was maintained by Needham. The stock of Facebook, Inc. (NASDAQ:FB) earned “Buy” rating by Citigroup on Thursday, April 28. BMO Capital Markets maintained Facebook, Inc. (NASDAQ:FB) on Monday, September 11 with “Hold” rating. Cowen & Co maintained Facebook, Inc. (NASDAQ:FB) on Friday, July 14 with “Buy” rating. On Wednesday, January 31 the stock rating was maintained by Aegis Capital with “Buy”. The rating was maintained by Deutsche Bank on Thursday, November 5 with “Buy”. Mizuho maintained Facebook, Inc. (NASDAQ:FB) on Thursday, November 5 with “Buy” rating.

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 26.63 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.

Investors sentiment increased to 1.21 in Q4 2017. 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. Meiji Yasuda Asset Management reported 1.68% of its portfolio in Facebook, Inc. (NASDAQ:FB). Ing Groep Nv owns 414,201 shares. Evercore Wealth Mngmt Ltd Liability stated it has 22,464 shares. Estate Counselors Limited Co owns 6,000 shares. Congress Asset Management Co Ma holds 373,039 shares or 0.96% of its portfolio. Solaris Asset Mngmt Ltd Com stated it has 3.02% of its portfolio in Facebook, Inc. (NASDAQ:FB). Salient Tru Lta has 0.74% invested in Facebook, Inc. (NASDAQ:FB) for 37,504 shares. Ci Invs owns 41,300 shares or 0.07% of their US portfolio. Berkshire Asset Management Ltd Llc Pa owns 0.06% invested in Facebook, Inc. (NASDAQ:FB) for 3,460 shares. Berson & Corrado Advsrs Limited Liability Corp holds 1,813 shares or 0.19% of its portfolio. Lourd Cap Ltd Company invested 0.1% in Facebook, Inc. (NASDAQ:FB). The California-based Mar Vista Prtnrs Lc has invested 2.36% in Facebook, Inc. (NASDAQ:FB). Ironwood Inv Counsel Ltd Liability Corp reported 1,766 shares. Cornerstone Advisors owns 145,500 shares. 151,882 were accumulated by Natixis.

Since December 7, 2017, it had 0 buys, and 51 sales for $1.94 billion activity. 220,000 shares were sold by Zuckerberg Mark, worth $39.03 million. $4.82 million worth of Facebook, Inc. (NASDAQ:FB) was sold by Schroepfer Michael Todd on Thursday, February 15. $822,440 worth of Facebook, Inc. (NASDAQ:FB) shares were sold by FISCHER DAVID B.. Sandberg Sheryl had sold 55,000 shares worth $10.07M. The insider Wehner David M. sold 14,901 shares worth $2.66 million. On Thursday, December 7 Cox Christopher K sold $2.83 million worth of Facebook, Inc. (NASDAQ:FB) or 16,000 shares. The insider Koum Jan sold $221.33M.

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