850 hedge funds sold their entire positions in Visa Inc. (V)

Marco Green
April 16, 2018

Its monthly volatility value of 2.13% and volatility for the week is valued at 1.50%. The Webster Bank holds 48,076 shares with $5.48M value, up from 44,779 last quarter. The third largest holder is Fmr Llc, which now holds $10.23 billion worth of this stock and that ownership represents almost 3.65% of its market capitalization. The overall volume in the last trading session was 9.17 million shares. About 890,524 shares traded. FMC Corporation (NYSE:FMC) has risen 22.51% since April 16, 2017 and is uptrending. It has outperformed by 10.96% the S&P500.

Petersen Flynn & Dinsmore Inc decreased its stake in Visa Inc (V) by 3.82% based on its latest 2017Q4 regulatory filing with the SEC. The institutional investor held 400,000 shares of the agricultural chemicals company at the end of 2017Q4, valued at $46.71 million, up from 100,000 at the end of the previous reported quarter. Overall, 9.08 Million shares exchanged hands versus its average volume of $7.05 Million.

Visa (NYSE:V) last announced its quarterly earnings data on Thursday, February 1st. It has outperformed by 20.43% the S&P500.

Since December 13, 2017, it had 0 insider buys, and 3 sales for $6.56 million activity. $205,440 worth of stock was sold by Biggar Lynne on Wednesday, February 14.

Kornitzer Capital Management Inc, which manages about $11.35 billion and $5.88 billion US Long portfolio, upped its stake in Ii (NASDAQ:IIVI) by 49,320 shares to 186,800 shares, valued at $8.77 million in 2017Q4, according to the filing.

Analysts await Proto Labs, Inc. (NYSE:V) to report earnings on April, 19. During the same period last year, the business earned $0.86 earnings per share. sell-side analysts predict that Visa will post 4.39 earnings per share for the current year. V's profit will be $2.28B for 30.20 P/E if the $1.01 EPS becomes a reality. The credit-card processor reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.10. "Invests $1.92 Million in Visa (NYSE:V)" was published by StockNewsTimes and is the property of of StockNewsTimes. The firm has a market cap of $248,809.86, a P/E ratio of 35.03, a PEG ratio of 1.59 and a beta of 0.98. It improved, as 17 investors sold PRLB shares while 57 reduced holdings.

A number of hedge funds have recently made changes to their positions in V. Sullivan Bruyette Speros & Blaney LLC increased its stake in shares of Visa by 0.6% in the fourth quarter. (NYSE:BCE) has "Sector Perform" rating given on Friday, November 6 by National Bank Canada. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Dimensional Fund Advisors Limited Partnership reported 4.60M shares. Raab & Moskowitz Asset Management LLC boosted its position in shares of Visa by 0.5% during the 2nd quarter. Swiss Retail Bank has invested 0.93% in Visa Inc. Beaumont Finance Ptnrs has 140,375 shares. First Long Island Ltd Liability reported 340,647 shares stake. Ruane Cunniff Goldfarb reported 2.7% stake. 14,448 are owned by Buckingham Asset Management Limited. Gam Ag reported 70,345 shares. 155,432 were reported by Norman Fields Gottscho Cap Mgmt Limited Company. Lockheed Martin stated it has 27,315 shares. Atwood & Palmer holds 268 shares or 0% of its portfolio. Visa Inc. now has $274.67B valuation. (NYSE:BCE), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. Visa Inc. had 127 analyst reports since July 21, 2015 according to SRatingsIntel. Stephens downgraded the shares of PRLB in report on Friday, April 29 to "Equal-Weight" rating. Piper Jaffray maintained the shares of PRLB in report on Friday, October 13 with "Hold" rating. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued.

V has been the topic of a number of research analyst reports. The stock has "Buy" rating by Seaport Global Securities on Monday, October 5. The firm has "Buy" rating by Sterne Agee CRT given on Thursday, December 17. The rating was maintained by Loop Capital with "Buy" on Thursday, October 26. Barclays Capital maintained BCE Inc. (NYSE:V) rating on Thursday, February 1. Finally, Citigroup reaffirmed a buy rating and set a $136.00 target price (up previously from $124.00) on shares of Visa in a research note on Friday, January 12th. It dropped, as 39 investors sold MSFT shares while 1012 reduced holdings.

Aberdeen Israel Fund Inc (ISL) investors sentiment increased to 2 in Q4 2017. Its up 0.25, from 1.03 in 2017Q3. It also increased its holding in Ishares Core U.S. Aggregate Bo (AGG) by 4.68M shares in the quarter, for a total of 53.65 million shares, and has risen its stake in Ishares Core S&P Mid (IJH). 107 funds opened positions while 301 raised stakes. Moreover, Dekabank Deutsche Girozentrale has 2.25% invested in Microsoft Corporation (NASDAQ:MSFT) for 3.92M shares. Strategic Fincl Service accumulated 56,251 shares. Fairfield Bush Com holds 2,000 shares. Boston Rech stated it has 2.32% of its portfolio in Apple Inc. (NYSE:CPG). Addenda Cap holds 0.17% or 322,876 shares. Bessemer Gp Incorporated reported 0% of its portfolio in FMC Corporation (NYSE:FMC). Conning holds 331,583 shares or 0.94% of its portfolio. Conning Inc holds 163,943 shares. Its share price has risen 1.94% in three months and is up 15.98% for the last five trades. Harvey Capital Mgmt holds 7,000 shares or 0.29% of its portfolio. (NASDAQ:AAPL) for 4,085 shares. On Thursday, February 1 the company was maintained by SunTrust.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER