As Visa INC (V) Stock Value Rose, Kbc Group Nv Has Trimmed Its Holding

Visa Inc. (NYSE:V) LogoInvestors sentiment increased to 1.05 in Q1 2019. Its up 0.05, from 1 in 2018Q4. It is positive, as 49 investors sold V shares while 631 reduced holdings. 164 funds opened positions while 551 raised stakes. 1.54 billion shares or 4.83% less from 1.62 billion shares in 2018Q4 were reported. Raymond James Finance Serv Advsr invested 0.61% in Visa Inc. (NYSE:V). Guinness Asset Mngmt Ltd holds 51 shares. Germany-based Dekabank Deutsche Girozentrale has invested 0.97% in Visa Inc. (NYSE:V). 608,857 are owned by Flossbach Von Storch Ag. Ontario – Canada-based Manufacturers Life The has invested 0.82% in Visa Inc. (NYSE:V). Mountain Pacific Investment Advisers Id reported 3,800 shares or 0.06% of all its holdings. Novare Ltd Liability Co holds 42,022 shares. Allen Inv Management invested in 23,998 shares. Woodstock Corporation has invested 0.61% of its portfolio in Visa Inc. (NYSE:V). Jupiter Asset reported 506,030 shares stake. Penobscot Management has 63,392 shares for 2.1% of their portfolio. Timber Creek Capital Limited Liability, a Massachusetts-based fund reported 57,151 shares. New Jersey-based Pathstone Family Office Ltd has invested 0.02% in Visa Inc. (NYSE:V). Reynders Mcveigh Capital Management reported 26,413 shares stake. Bangor State Bank reported 0.46% in Visa Inc. (NYSE:V).

Since August 6, 2019, it had 1 buying transaction, and 0 insider sales for $171,130 activity.

Kbc Group Nv decreased its stake in Visa Inc (V) by 10.87% based on its latest 2019Q1 regulatory filing with the SEC. Kbc Group Nv sold 104,711 shares as the company’s stock rose 9.34% . The institutional investor held 858,326 shares of the business services company at the end of 2019Q1, valued at $134.06M, down from 963,037 at the end of the previous reported quarter. Kbc Group Nv who had been investing in Visa Inc for a number of months, seems to be less bullish one the $394.92B market cap company. The stock increased 1.74% or $3.01 during the last trading session, reaching $176.27. About 6.49M shares traded. Visa Inc. (NYSE:V) has risen 30.42% since August 16, 2018 and is uptrending. It has outperformed by 30.42% the S&P500.

Kbc Group Nv, which manages about $12.14B US Long portfolio, upped its stake in Cabot Oil & Gas Corp (NYSE:COG) by 731,033 shares to 766,097 shares, valued at $20.00M in 2019Q1, according to the filing. It also increased its holding in Lear Corp (NYSE:LEA) by 29,626 shares in the quarter, for a total of 47,414 shares, and has risen its stake in Walmart Inc (NYSE:WMT).

Analysts await Visa Inc. (NYSE:V) to report earnings on October, 23. They expect $1.43 EPS, up 18.18 % or $0.22 from last year’s $1.21 per share. V’s profit will be $3.20B for 30.82 P/E if the $1.43 EPS becomes a reality. After $1.37 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 4.38 % EPS growth.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa Stock: Good Quality And Reasonable Valuation – Seeking Alpha” on May 31, 2019, also Seekingalpha.com with their article: “Visa Q2 2019 Earnings Preview – Seeking Alpha” published on April 23, 2019, Seekingalpha.com published: “Benefit From Visa’s Momentum – Seeking Alpha” on April 22, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Investorplace.com and their article: “The Bill for Visa Stock Is Too High Ahead of Earnings – Investorplace.com” published on July 19, 2019 as well as Seekingalpha.com‘s news article titled: “Visa Is No Mastercard, But That’s OK – Seeking Alpha” with publication date: August 08, 2019.

Visa Inc. (NYSE:V) Ratings Coverage

Among 14 analysts covering Visa (NYSE:V), 13 have Buy rating, 0 Sell and 1 Hold. Therefore 93% are positive. Visa has $21000 highest and $157 lowest target. $188.57’s average target is 6.98% above currents $176.27 stock price. Visa had 23 analyst reports since March 5, 2019 according to SRatingsIntel. On Wednesday, July 24 the stock rating was maintained by Credit Suisse with “Outperform”. Raymond James maintained Visa Inc. (NYSE:V) rating on Wednesday, July 24. Raymond James has “Outperform” rating and $19300 target. UBS maintained the shares of V in report on Thursday, August 1 with “Neutral” rating. As per Thursday, July 18, the company rating was reinitiated by Jefferies. KeyBanc Capital Markets maintained Visa Inc. (NYSE:V) rating on Wednesday, July 24. KeyBanc Capital Markets has “Overweight” rating and $19500 target. Stephens maintained it with “Buy” rating and $157 target in Monday, March 11 report. The rating was maintained by Wedbush on Thursday, April 25 with “Outperform”. The firm earned “Overweight” rating on Thursday, July 11 by Morgan Stanley. On Thursday, April 25 the stock rating was maintained by Morgan Stanley with “Overweight”. Nomura maintained Visa Inc. (NYSE:V) on Wednesday, July 24 with “Buy” rating.

Visa Inc. (NYSE:V) Institutional Positions Chart

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