Kbc Group Nv Has Lowered Holding in Visa INC (V) as Market Value Rose

Visa Inc. (NYSE:V) LogoInvestors sentiment increased to 1.05 in 2019 Q1. Its up 0.05, from 1 in 2018Q4. It increased, 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. Temasek (Private) invested 4.65% of its portfolio in Visa Inc. (NYSE:V). Captrust Advsr invested 0.58% in Visa Inc. (NYSE:V). Private Asset Management Inc accumulated 3.32% or 119,245 shares. 53,762 were reported by L & S. Mirador Prtn Limited Partnership holds 13,723 shares. Loring Wolcott & Coolidge Fiduciary Advsr Llp Ma accumulated 1.59% or 667,457 shares. Brown Advisory Incorporated owns 7.10 million shares or 3.15% of their US portfolio. Woodstock owns 21,840 shares for 0.61% of their portfolio. Mason Street Advisors Ltd Liability Com has 249,686 shares for 0.81% of their portfolio. Moreover, Chemung Canal has 2.46% invested in Visa Inc. (NYSE:V) for 66,006 shares. Argent owns 77,758 shares for 1.27% of their portfolio. Invesco invested in 7.44M shares. Jpmorgan Chase And stated it has 18.76 million shares or 0.6% of all its holdings. 538,944 are owned by Fort Washington Invest Advsr Oh. The France-based Bnp Paribas Asset Management Holdg has invested 1.31% in Visa Inc. (NYSE:V).

Since August 6, 2019, it had 1 insider purchase, and 0 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 $134.06 million, 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 $394.92 billion market cap company. The stock increased 1.74% or $3.01 during the last trading session, reaching $176.27. About 6.49 million 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 $12.14 billion US Long portfolio, upped its stake in Automatic Data Processing In (NASDAQ:ADP) by 148,979 shares to 232,335 shares, valued at $37.11 million in 2019Q1, according to the filing. It also increased its holding in Hyatt Hotels Corp (NYSE:H) by 106,575 shares in the quarter, for a total of 141,382 shares, and has risen its stake in Ametek Inc New (NYSE:AME).

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 Q2 2019 Earnings Preview – Seeking Alpha” on April 23, 2019, also Seekingalpha.com with their article: “Load Up On Visa – Seeking Alpha” published on August 14, 2019, Finance.Yahoo.com published: “At US$141, Is Visa Inc (NYSE:V) A Buy? – Yahoo News” on August 17, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “Visa Stock: Good Quality And Reasonable Valuation – Seeking Alpha” published on May 31, 2019 as well as Fool.com‘s news article titled: “Where Will Visa Be in 5 Years? – The Motley Fool” with publication date: July 14, 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. The company was maintained on Wednesday, July 24 by Raymond James. The firm has “Outperform” rating given on Thursday, April 25 by Wedbush. Barclays Capital maintained the stock with “Overweight” rating in Friday, July 19 report. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Nomura on Thursday, April 25. Jefferies reinitiated Visa Inc. (NYSE:V) on Thursday, July 18 with “Buy” rating. The stock of Visa Inc. (NYSE:V) has “Outperform” rating given on Wednesday, April 17 by Oppenheimer. On Thursday, March 14 the stock rating was maintained by Wedbush with “Buy”. The stock of Visa Inc. (NYSE:V) earned “Neutral” rating by UBS on Thursday, August 1. The rating was maintained by Morgan Stanley on Thursday, July 11 with “Overweight”. As per Wednesday, July 24, the company rating was maintained by Credit Suisse.

Visa Inc. (NYSE:V) Institutional Positions Chart

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