Brown Advisory INC Has Lowered Its Visa INC (V) Holding by $207.31 Million as Stock Price Rose

March 23, 2018 - By Dolores Ford

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It dived, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Security Trust Communications holds 23,950 shares. The Israel-based Sphera Funds Mgmt Ltd has invested 0.8% in Visa Inc. (NYSE:V). Moreover, Schwartz Invest Counsel Incorporated has 0.86% invested in Visa Inc. (NYSE:V). Personal Capital Corporation stated it has 77,104 shares or 0.16% of all its holdings. Columbus Hill Limited Partnership, a New Jersey-based fund reported 292,461 shares. Tiger Eye Cap Ltd reported 4.11% in Visa Inc. (NYSE:V). The Texas-based Ycg Ltd Liability Corp has invested 0.12% in Visa Inc. (NYSE:V). Oak Assoc Oh, Ohio-based fund reported 9,502 shares. Summit Finance Wealth Advisors Lc owns 3,347 shares. Callahan Advsrs accumulated 0.18% or 7,977 shares. Moreover, Monetta Financial Svcs has 1.71% invested in Visa Inc. (NYSE:V) for 30,000 shares. American Money Mgmt Ltd Liability Corp reported 32,138 shares or 2.25% of all its holdings. Moreover, Metropolitan Life Insur Com New York has 0.62% invested in Visa Inc. (NYSE:V) for 947,750 shares. Next Century Growth Investors Ltd Company, Minnesota-based fund reported 40,778 shares. Ally Finance Incorporated holds 10,000 shares.

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $6.56 million activity. The insider MAHON TULLIER KELLY sold 49,702 shares worth $5.65 million. On Wednesday, February 14 Biggar Lynne sold $205,440 worth of Visa Inc. (NYSE:V) or 1,712 shares.

Brown Advisory Inc decreased its stake in Visa Inc (V) by 17.64% based on its latest 2017Q3 regulatory filing with the SEC. Brown Advisory Inc sold 1.97 million shares as the company’s stock rose 5.74% with the market. The institutional investor held 9.22 million shares of the business services company at the end of 2017Q3, valued at $970.35M, down from 11.19 million at the end of the previous reported quarter. Brown Advisory Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $270.81B market cap company. The stock decreased 2.62% or $3.23 during the last trading session, reaching $119.99. About 10.50M shares traded or 27.12% up from the average. Visa Inc. (NYSE:V) has risen 20.29% since March 23, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Brown Advisory Inc, which manages about $30.16B US Long portfolio, upped its stake in Tristate Cap Hldgs Inc (NASDAQ:TSC) by 150,954 shares to 460,691 shares, valued at $10.55 million in 2017Q3, according to the filing. It also increased its holding in Ball Corp (NYSE:BLL) by 74,588 shares in the quarter, for a total of 975,203 shares, and has risen its stake in Bright Horizons Fam Sol In D (NYSE:BFAM).

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 EPS, up 17.44 % or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28B for 29.70 P/E if the $1.01 EPS becomes a reality. After $1.08 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48 % negative EPS growth.

Visa Inc. (NYSE:V) Ratings Coverage

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. has $164.0 highest and $70 lowest target. $120.80’s average target is 0.68% above currents $119.99 stock price. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo initiated Visa Inc. (NYSE:V) on Thursday, October 22 with “Outperform” rating. Cowen & Co maintained the shares of V in report on Wednesday, September 6 with “Buy” rating. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Bank of America on Friday, July 21. Guggenheim maintained the stock with “Buy” rating in Friday, February 2 report. The rating was maintained by Robert W. Baird with “Outperform” on Monday, October 2. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, September 12. The stock has “Hold” rating by Credit Suisse on Tuesday, October 3. The rating was maintained by Cowen & Co on Friday, June 23 with “Outperform”. Robert W. Baird maintained Visa Inc. (NYSE:V) rating on Monday, September 25. Robert W. Baird has “Buy” rating and $122.0 target. The firm has “Hold” rating by Vetr given on Tuesday, September 1.

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