As Metlife (MET) Market Value Declined, Holder Sii Investments Has Lowered Its Stake by $687,021; As Visa (V) Stock Rose, Holder Fox Point Capital Management Has Trimmed Position

February 22, 2018 - By Richard Conner

Charles Anderson decreased its stake in Visa Inc (V) by 50% based on its latest 2017Q3 regulatory filing with the SEC. Fox Point Capital Management Llc sold 22,500 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Charles Anderson held 22,500 shares of the business services company at the end of 2017Q3, valued at $2.37 million, down from 45,000 at the end of the previous reported quarter. Fox Point Capital Management Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $272.05 billion market cap company. The stock increased 0.09% or $0.11 during the last trading session, reaching $120.54. About 3.51 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 22, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Sii Investments Inc decreased its stake in Metlife Inc (MET) by 69.99% based on its latest 2017Q3 regulatory filing with the SEC. Sii Investments Inc sold 13,471 shares as the company’s stock declined 4.70% while stock markets rallied. The institutional investor held 5,776 shares of the finance company at the end of 2017Q3, valued at $299,000, down from 19,247 at the end of the previous reported quarter. Sii Investments Inc who had been investing in Metlife Inc for a number of months, seems to be less bullish one the $48.70B market cap company. The stock decreased 0.55% or $0.26 during the last trading session, reaching $46.69. About 4.04M shares traded. MetLife, Inc. (NYSE:MET) has risen 13.92% since February 22, 2017 and is uptrending. It has underperformed by 2.78% the S&P500.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 earnings per share, up 17.44% or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28B for 29.84 P/E if the $1.01 EPS becomes a reality. After $1.08 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It turned negative, 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. Mairs And holds 7,916 shares. Crawford Counsel accumulated 0.39% or 113,632 shares. Heritage Invsts Mgmt owns 22,062 shares. Rbf Capital Ltd Limited Liability Company invested in 95,000 shares. Moreover, Lipe & Dalton has 1.11% invested in Visa Inc. (NYSE:V). Roundview Ltd holds 0.33% of its portfolio in Visa Inc. (NYSE:V) for 11,893 shares. Vision Cap Management accumulated 59,723 shares. Royal Bancorporation Of Canada has 0.34% invested in Visa Inc. (NYSE:V). Vulcan Value Prns Limited Liability has invested 4.61% in Visa Inc. (NYSE:V). The Florida-based Smith Chas P Associate Pa Cpas has invested 0.06% in Visa Inc. (NYSE:V). Bingham Osborn And Scarborough Ltd Limited Liability Company reported 2,483 shares. The Pennsylvania-based Univest Of Pennsylvania has invested 1.93% in Visa Inc. (NYSE:V). Randolph invested 3.48% in Visa Inc. (NYSE:V). Shelton Mngmt has invested 0.19% of its portfolio in Visa Inc. (NYSE:V). Thrivent For Lutherans reported 1.03% stake.

Since December 13, 2017, it had 0 buys, and 3 sales for $6.56 million activity. Biggar Lynne had sold 1,712 shares worth $205,440. $707,561 worth of Visa Inc. (NYSE:V) was sold by MATSCHULLAT ROBERT W on Wednesday, December 13.

Fox Point Capital Management Llc, which manages about $337.67M and $23.75 million US Long portfolio, upped its stake in Facebook Inc (NASDAQ:FB) by 12,500 shares to 37,500 shares, valued at $6.41M in 2017Q3, according to the filing.

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Compass Point initiated it with “Neutral” rating and $80 target in Friday, April 15 report. Oppenheimer maintained Visa Inc. (NYSE:V) rating on Thursday, February 1. Oppenheimer has “Buy” rating and $143.0 target. KeyBanc Capital Markets maintained Visa Inc. (NYSE:V) on Wednesday, October 18 with “Buy” rating. On Friday, February 2 the stock rating was maintained by Sandler O’Neill with “Hold”. Cowen & Co maintained Visa Inc. (NYSE:V) on Wednesday, September 6 with “Buy” rating. JP Morgan maintained the shares of V in report on Friday, August 14 with “Overweight” rating. As per Friday, June 23, the company rating was maintained by Cowen & Co. The company was maintained on Friday, July 24 by RBC Capital Markets. On Thursday, February 1 the stock rating was maintained by Robert W. Baird with “Buy”. The rating was initiated by UBS on Wednesday, December 16 with “Buy”.

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.05, from 0.94 in 2017Q2. It turned negative, as 61 investors sold MET shares while 336 reduced holdings. 65 funds opened positions while 289 raised stakes. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Commerzbank Aktiengesellschaft Fi reported 0.08% stake. Moreover, Wg Shaheen And Associate Dba Whitney And Com has 0.58% invested in MetLife, Inc. (NYSE:MET). Moreover, Fca Tx has 0.77% invested in MetLife, Inc. (NYSE:MET) for 35,678 shares. Moreover, Atlantic Tru Group Inc Lc has 0.01% invested in MetLife, Inc. (NYSE:MET). 37,461 were accumulated by Agf Invests America. The United Kingdom-based Aviva Public Ltd Liability Corporation has invested 0.16% in MetLife, Inc. (NYSE:MET). Pacad Inv Limited has 18,390 shares for 0.21% of their portfolio. Crestpoint Mgmt Limited Liability Corp holds 0.43% or 18,600 shares. Moreover, Alphaone Invest Svcs Ltd Liability has 0.02% invested in MetLife, Inc. (NYSE:MET). Eaton Vance Management holds 0.01% or 108,835 shares in its portfolio. Eagle Asset Mgmt Inc stated it has 89,234 shares. Live Your Vision Ltd, Pennsylvania-based fund reported 172 shares. 10,195 are owned by Savant Limited. Partnervest Advisory Limited Liability Corp has 0.27% invested in MetLife, Inc. (NYSE:MET). Edge Wealth Mgmt Ltd Limited Liability Company owns 200 shares for 0% of their portfolio.

Among 16 analysts covering MetLife (NYSE:MET), 9 have Buy rating, 1 Sell and 6 Hold. Therefore 56% are positive. MetLife had 49 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Outperform” rating by FBR Capital given on Monday, August 29. As per Tuesday, January 5, the company rating was downgraded by Citigroup. The company was maintained on Monday, July 10 by RBC Capital Markets. On Friday, July 31 the stock rating was maintained by Deutsche Bank with “Buy”. The stock has “Outperform” rating by Wells Fargo on Tuesday, January 30. The rating was maintained by Wells Fargo on Wednesday, April 19 with “Buy”. The firm earned “Equal-Weight” rating on Friday, November 3 by Morgan Stanley. The stock of MetLife, Inc. (NYSE:MET) has “Mkt Perform” rating given on Monday, November 28 by FBR Capital. The rating was downgraded by Sandler O’Neill to “Hold” on Friday, November 10. The rating was maintained by Argus Research with “Buy” on Monday, November 6.

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