As Visa INC (V) Stock Price Rose, Shareholder Epoch Investment Partners INC Decreased Holding

June 12, 2018 - By Clifton Ray

Visa Inc. (NYSE:V) LogoInvestors sentiment decreased to 0.88 in Q1 2018. Its down 0.17, from 1.05 in 2017Q4. It dived, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Moreover, Godsey Gibb Associates has 2.99% invested in Visa Inc. (NYSE:V). 6.52 million are held by Schwab Charles Invest Mngmt. Grassi Invest Management accumulated 114,058 shares or 2.21% of the stock. New York-based Tompkins Financial has invested 0.05% in Visa Inc. (NYSE:V). Ghp Investment Advsr holds 0.21% or 12,274 shares in its portfolio. Nbt Bancorporation N A Ny reported 9,506 shares or 0.19% of all its holdings. Moreover, Jacobson Schmitt Limited Liability Co has 2.16% invested in Visa Inc. (NYSE:V). Hartford Mgmt invested in 8,128 shares or 0.49% of the stock. Canandaigua Bank And Trust Co, New York-based fund reported 26,723 shares. Dorsey & Whitney Trust Com Limited Liability Com reported 8,950 shares. Buckingham Asset Mngmt Limited Liability Company holds 12,973 shares or 0.3% of its portfolio. 59,970 were accumulated by Int Ca. Kelly Lawrence W & Associates Ca has invested 3.61% in Visa Inc. (NYSE:V). Lifeplan Grp holds 0% or 43 shares in its portfolio. Parametrica Management holds 0.26% or 1,773 shares in its portfolio.

Since December 13, 2017, it had 0 insider buys, and 4 selling transactions for $11.99 million activity. Shares for $1.08M were sold by HOFFMEISTER JAMES H on Monday, April 30. Another trade for 6,220 shares valued at $707,561 was made by MATSCHULLAT ROBERT W on Wednesday, December 13. MAHON TULLIER KELLY had sold 49,702 shares worth $5.65 million on Friday, December 15. $5.06M worth of stock was sold by MCINERNEY RYAN on Thursday, May 10.

Epoch Investment Partners Inc decreased its stake in Visa Inc (V) by 2.29% based on its latest 2018Q1 regulatory filing with the SEC. Epoch Investment Partners Inc sold 107,012 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 4.57 million shares of the business services company at the end of 2018Q1, valued at $546.09 million, down from 4.67 million at the end of the previous reported quarter. Epoch Investment Partners Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $299.93 billion market cap company. The stock decreased 0.62% or $0.83 during the last trading session, reaching $133.91. About 7.99M shares traded or 2.60% up from the average. Visa Inc. (NYSE:V) has risen 38.13% since June 12, 2017 and is uptrending. It has outperformed by 25.56% the S&P500.

Epoch Investment Partners Inc, which manages about $43.62 billion and $28.22 billion US Long portfolio, upped its stake in Altria Group Inc (NYSE:MO) by 142,638 shares to 4.86 million shares, valued at $302.69M in 2018Q1, according to the filing. It also increased its holding in Danaher Corp Del (NYSE:DHR) by 77,733 shares in the quarter, for a total of 3.82 million shares, and has risen its stake in Eastman Chem Co (NYSE:EMN).

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.09 EPS, up 26.74 % or $0.23 from last year’s $0.86 per share. V’s profit will be $2.44B for 30.71 P/E if the $1.09 EPS becomes a reality. After $1.11 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -1.80 % negative EPS growth.

More notable recent Visa Inc. (NYSE:V) news were published by: Prnewswire.com which released: “New Crypto Innovation Poised to Disrupt Multi-Trillion-Dollar Global Digital Payments Market” on June 12, 2018, also Seekingalpha.com with their article: “Visa makes strategic investment in Yellowpepper” published on May 24, 2018, Fool.com published: “Is Visa Inc. a Buy?” on June 07, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “Visa – A $140 Discount Cash Flow Valuation” published on June 01, 2018 as well as Investorplace.com‘s news article titled: “Starbucks (SBUX), Visa (V) Team Up on Prepaid Card” with publication date: June 11, 2018.

Visa Inc. (NYSE:V) Ratings Coverage

Among 25 analysts covering Visa Inc (NYSE:V), 22 have Buy rating, 0 Sell and 3 Hold. Therefore 88% are positive. Visa Inc has $164.0 highest and $125.0 lowest target. $145.33’s average target is 8.53% above currents $133.91 stock price. Visa Inc had 39 analyst reports since December 13, 2017 according to SRatingsIntel. The firm has “Buy” rating given on Monday, January 29 by Susquehanna. RBC Capital Markets maintained Visa Inc. (NYSE:V) rating on Thursday, January 4. RBC Capital Markets has “Buy” rating and $142.0 target. The company was maintained on Thursday, February 1 by Keefe Bruyette & Woods. On Thursday, February 1 the stock rating was maintained by Piper Jaffray with “Buy”. As per Friday, February 2, the company rating was maintained by PiperJaffray. Morgan Stanley maintained Visa Inc. (NYSE:V) on Friday, February 2 with “Overweight” rating. The firm has “Buy” rating by KeyBanc Capital Markets given on Wednesday, December 13. Nomura maintained Visa Inc. (NYSE:V) rating on Friday, February 2. Nomura has “Buy” rating and $146 target. The stock has “Overweight” rating by Barclays Capital on Friday, February 2. The rating was maintained by Susquehanna on Thursday, December 28 with “Buy”.

Visa Inc. (NYSE:V) Institutional Positions Chart

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