Allen Investment Management Has Trimmed Facebook (FB) Holding, Last Week Warrior Met Coal (HCC) Coverage

July 5, 2017 - By Michael Collier

Among 7 analysts covering HCC Insurance Holdings (NYSE:HCC), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. HCC Insurance Holdings had 9 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Warrior Met Coal LLC (NYSE:HCC) has “Equal-Weight” rating given on Tuesday, June 27 by Morgan Stanley. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, July 29. The firm earned “Mkt Perform” rating on Thursday, April 20 by FBR Capital. As per Wednesday, May 10, the company rating was initiated by Seaport Global. The rating was downgraded by Zacks on Thursday, September 3 to “Sell”. The company was initiated on Monday, May 8 by Citigroup. RBC Capital Markets initiated Warrior Met Coal LLC (NYSE:HCC) rating on Monday, May 8. RBC Capital Markets has “Outperform” rating and $25 target. The stock has “Overweight” rating by Morgan Stanley on Monday, May 8. Credit Suisse initiated it with “Outperform” rating and $26 target in Monday, May 8 report. See Warrior Met Coal LLC (NYSE:HCC) latest ratings:

27/06/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
10/05/2017 Broker: Seaport Global Rating: Buy New Target: $21.00 Initiate
08/05/2017 Broker: Citigroup Rating: Neutral New Target: $20.00 Initiate
08/05/2017 Broker: Credit Suisse Rating: Outperform New Target: $26.00 Initiate
08/05/2017 Broker: Morgan Stanley Rating: Overweight New Target: $27.00 Initiate
08/05/2017 Broker: RBC Capital Markets Rating: Outperform New Target: $25.00 Initiate
20/04/2017 Broker: FBR Capital Rating: Mkt Perform New Target: $22.00 Initiate

Allen Investment Management Llc decreased Facebook Inc (FB) stake by 20.33% reported in 2016Q4 SEC filing. Allen Investment Management Llc sold 9,374 shares as Facebook Inc (FB)’s stock rose 10.88%. The Allen Investment Management Llc holds 36,744 shares with $4.23 million value, down from 46,118 last quarter. Facebook Inc now has $428.35 billion valuation. The stock increased 1.29% or $1.91 during the last trading session, reaching $150.34. About 12.35M shares traded. Facebook Inc (NASDAQ:FB) has risen 26.75% since July 5, 2016 and is uptrending. It has outperformed by 10.05% the S&P500.

The stock increased 2.83% or $0.49 on July 5, reaching $17.8. About 134,838 shares traded. Warrior Met Coal LLC (NYSE:HCC) has 0.00% since July 5, 2016 and is . It has underperformed by 16.70% the S&P500.

Warrior Met Coal, Inc., formerly Warrior Met Coal, LLC, is a producer and exporter of metallurgical coal for the steel industry from underground mines located in Brookwood, Alabama, southwest of Birmingham and near Tuscaloosa. The company has market cap of $962.15 million. These underground coalmines are 1,400 to 2,100 feet underground. It has a 15.79 P/E ratio. The Company’s activities serve markets in the United States, Europe, Asia and South America via barge and rail access to the Port of Mobile.

Since January 6, 2017, it had 0 insider buys, and 63 sales for $1.71 billion activity. The insider Zuckerberg Mark sold 138,149 shares worth $21.25 million. The insider Stretch Colin sold 750 shares worth $104,406. Koum Jan sold $99.39M worth of stock or 745,262 shares. Cox Christopher K also sold $2.40M worth of Facebook Inc (NASDAQ:FB) on Monday, May 8. Sandberg Sheryl sold $38.52M worth of stock. 15,470 shares were sold by Wehner David M., worth $2.30M. Schroepfer Michael Todd had sold 37,964 shares worth $5.07M on Tuesday, February 14.

Analysts await Facebook Inc (NASDAQ:FB) to report earnings on July, 26. They expect $1.05 EPS, up 38.16% or $0.29 from last year’s $0.76 per share. FB’s profit will be $2.99B for 35.80 P/E if the $1.05 EPS becomes a reality. After $1.04 actual EPS reported by Facebook Inc for the previous quarter, Wall Street now forecasts 0.96% EPS growth.

Allen Investment Management Llc increased Ishares Tr (ACWI) stake by 40,568 shares to 104,054 valued at $6.16M in 2016Q4. It also upped Ishares Tr (MUB) stake by 447,631 shares and now owns 522,798 shares. Wayfair Inc (NYSE:W) was raised too.

Among 47 analysts covering Facebook (NASDAQ:FB), 44 have Buy rating, 1 Sell and 2 Hold. Therefore 94% are positive. Facebook had 121 analyst reports since July 21, 2015 according to SRatingsIntel. JMP Securities maintained it with “Market Outperform” rating and $165 target in Thursday, November 3 report. Stifel Nicolaus maintained Facebook Inc (NASDAQ:FB) rating on Thursday, November 5. Stifel Nicolaus has “Buy” rating and $120 target. The firm earned “Neutral” rating on Friday, July 22 by BTIG Research. The firm earned “Buy” rating on Thursday, April 28 by Pivotal Research. As per Tuesday, March 21, the company rating was upgraded by BTIG Research. The firm has “Outperform” rating given on Thursday, November 5 by Credit Suisse. Nomura maintained the stock with “Buy” rating in Thursday, November 5 report. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, April 28. The firm earned “Strong Buy” rating on Friday, January 13 by Raymond James. Brean Capital maintained Facebook Inc (NASDAQ:FB) rating on Thursday, July 30. Brean Capital has “Buy” rating and $111 target.