Canadian Natl Ry Co (CNI) Shareholder Cibc World Markets Has Lifted Its Holding by $762.22 Million; Facebook (FB) Shareholder Comerica Securities Has Boosted Its Stake by $318,070

January 19, 2018 - By Vivian Park

Cibc World Markets Inc increased its stake in Canadian Natl Ry Co (CNI) by 14300.64% based on its latest 2017Q3 regulatory filing with the SEC. Cibc World Markets Inc bought 9.30 million shares as the company’s stock rose 4.48% with the market. The institutional investor held 9.36 million shares of the railroads company at the end of 2017Q3, valued at $775.51 million, up from 65,000 at the end of the previous reported quarter. Cibc World Markets Inc who had been investing in Canadian Natl Ry Co for a number of months, seems to be bullish on the $58.88 billion market cap company. The stock increased 0.16% or $0.13 during the last trading session, reaching $80.56. About 1.46 million shares traded or 40.26% up from the average. Canadian National Railway Company (NYSE:CNI) has risen 30.03% since January 19, 2017 and is uptrending. It has outperformed by 13.33% the S&P500.

Comerica Securities Inc increased its stake in Facebook Inc (FB) by 7.36% based on its latest 2017Q3 regulatory filing with the SEC. Comerica Securities Inc bought 1,871 shares as the company’s stock rose 10.88% with the market. The institutional investor held 27,302 shares of the technology company at the end of 2017Q3, valued at $4.67 million, up from 25,431 at the end of the previous reported quarter. Comerica Securities Inc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $522.47 billion market cap company. The stock increased 1.24% or $2.2 during the last trading session, reaching $179.8. About 23.30 million shares traded or 31.20% up from the average. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since January 19, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

Among 53 analysts covering Facebook (NASDAQ:FB), 49 have Buy rating, 2 Sell and 2 Hold. Therefore 92% are positive. Facebook has $240.0 highest and $88 lowest target. $186.60’s average target is 3.78% above currents $179.8 stock price. Facebook had 220 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Bank of America to “Focus List” on Tuesday, July 21. The rating was maintained by RBC Capital Markets with “Buy” on Thursday, November 2. Jefferies maintained it with “Buy” rating and $225.0 target in Thursday, November 2 report. Cowen & Co maintained Facebook, Inc. (NASDAQ:FB) rating on Thursday, November 3. Cowen & Co has “Outperform” rating and $150 target. The rating was maintained by Brean Capital with “Buy” on Thursday, July 30. The firm has “Buy” rating by Mizuho given on Thursday, November 5. The rating was maintained by Wedbush with “Outperform” on Thursday, April 28. The firm has “Buy” rating given on Friday, May 13 by M Partners. The firm earned “Outperform” rating on Thursday, November 3 by Wedbush. The rating was maintained by Cantor Fitzgerald on Tuesday, October 31 with “Buy”.

Investors sentiment decreased to 1.15 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. It fall, as 53 investors sold FB shares while 618 reduced holdings. 128 funds opened positions while 644 raised stakes. 1.63 billion shares or 0.88% more from 1.62 billion shares in 2017Q2 were reported. Griffin Asset Management reported 11,237 shares. Zacks Invest Mngmt reported 194,643 shares or 0.78% of all its holdings. Livforsakringsbolaget Skandia Omsesidigt owns 91,196 shares or 1.4% of their US portfolio. Baring Asset Limited has invested 0.19% in Facebook, Inc. (NASDAQ:FB). Gamble Jones Invest Counsel reported 1,990 shares or 0.03% of all its holdings. Trexquant Invest LP owns 5,842 shares for 0.25% of their portfolio. Perigon Wealth Mgmt Limited Liability accumulated 34,215 shares or 1.9% of the stock. Private Ocean Limited Liability Co invested in 0.02% or 200 shares. 8,849 are held by Gilman Hill Asset Limited Co. Moore Capital Management Lp invested 3.22% of its portfolio in Facebook, Inc. (NASDAQ:FB). Renaissance Technologies Limited Liability Corporation owns 0.09% invested in Facebook, Inc. (NASDAQ:FB) for 470,500 shares. Strategic Glob Advisors Llc accumulated 0.67% or 10,223 shares. State Board Of Administration Of Florida Retirement Sys stated it has 3.36 million shares. Finemark State Bank Tru holds 14,037 shares or 0.16% of its portfolio. First Interstate Bankshares holds 1.21% or 32,929 shares in its portfolio.

Comerica Securities Inc, which manages about $820.57M and $722.73M US Long portfolio, decreased its stake in Extended Stay Amer Inc (NYSE:STAY) by 23,032 shares to 144,333 shares, valued at $2.89 million in 2017Q3, according to the filing. It also reduced its holding in Kimberly Clark Corp (NYSE:KMB) by 5,039 shares in the quarter, leaving it with 5,780 shares, and cut its stake in Te Connectivity Ltd (NYSE:TEL).

Since August 7, 2017, it had 0 buys, and 39 insider sales for $957.86 million activity. 15,470 shares were sold by Wehner David M., worth $2.59 million. Zuckerberg Mark sold $42.50M worth of Facebook, Inc. (NASDAQ:FB) on Tuesday, September 19. Shares for $8.59 million were sold by FISCHER DAVID B.. 16,000 Facebook, Inc. (NASDAQ:FB) shares with value of $2.72 million were sold by Cox Christopher K. Another trade for 38,017 shares valued at $7.14 million was sold by Schroepfer Michael Todd. Koum Jan also sold $109.70M worth of Facebook, Inc. (NASDAQ:FB) on Wednesday, August 30.

Among 26 analysts covering Canadian National Railway (NYSE:CNI), 10 have Buy rating, 2 Sell and 14 Hold. Therefore 38% are positive. Canadian National Railway had 62 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, May 19 the stock rating was initiated by CLSA with “Sell”. On Wednesday, October 25 the stock rating was downgraded by Raymond James to “Mkt Perform”. As per Thursday, January 12, the company rating was upgraded by Bank of America. The firm has “Hold” rating by TD Securities given on Tuesday, April 26. The stock has “Buy” rating by Cowen & Co on Friday, September 22. The firm earned “Mkt Perform” rating on Wednesday, January 27 by Raymond James. The firm has “Hold” rating given on Tuesday, September 27 by Loop Capital. Credit Suisse maintained the shares of CNI in report on Thursday, July 13 with “Hold” rating. Citigroup maintained the stock with “Neutral” rating in Tuesday, September 13 report. Cowen & Co maintained Canadian National Railway Company (NYSE:CNI) on Friday, August 18 with “Buy” rating.

Cibc World Markets Inc, which manages about $20.88 billion US Long portfolio, decreased its stake in Ishares Tr (IWM) by 104,987 shares to 54,500 shares, valued at $8.08 million in 2017Q3, according to the filing. It also reduced its holding in Monster Beverage Corp New by 21,901 shares in the quarter, leaving it with 47,619 shares, and cut its stake in Visa Inc (NYSE:V).

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