Investec Asset Management LTD Has Upped Visa (V) Holding By $4.98 Million; Shutterstock (SSTK) Has 0.92 Sentiment

February 19, 2018 - By Hazel Jackson

Shutterstock, Inc. provides content services and products in North America, Europe, and internationally. The company has market cap of $1.59 billion. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that clients use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery. It has a 66.28 P/E ratio. The firm provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Music, and Shutterstock Editorial names.

Investec Asset Management Ltd increased Visa Inc (V) stake by 1.23% reported in 2017Q3 SEC filing. Investec Asset Management Ltd acquired 47,448 shares as Visa Inc (V)’s stock rose 5.74%. The Investec Asset Management Ltd holds 3.90M shares with $410.58 million value, up from 3.85 million last quarter. Visa Inc now has $275.00 billion valuation. The stock decreased 0.35% or $0.43 during the last trading session, reaching $121.85. About 6.37 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 19, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

The stock decreased 4.18% or $2 during the last trading session, reaching $45.8. About 430,118 shares traded or 97.91% up from the average. Shutterstock, Inc. (SSTK) has risen 12.34% since February 19, 2017 and is uptrending. It has underperformed by 4.36% the S&P500.

Analysts await Shutterstock, Inc. (NYSE:SSTK) to report earnings on February, 26. They expect $0.23 earnings per share, down 20.69% or $0.06 from last year’s $0.29 per share. SSTK’s profit will be $7.97 million for 49.78 P/E if the $0.23 EPS becomes a reality. After $0.18 actual earnings per share reported by Shutterstock, Inc. for the previous quarter, Wall Street now forecasts 27.78% EPS growth.

Van Berkom & Associates Inc. holds 1.89% of its portfolio in Shutterstock, Inc. for 1.58 million shares. Arrowmark Colorado Holdings Llc owns 2.72 million shares or 1.03% of their US portfolio. Moreover, Matarin Capital Management Llc has 0.84% invested in the company for 297,158 shares. The California-based Rice Hall James & Associates Llc has invested 0.61% in the stock. Jackson Square Partners Llc, a California-based fund reported 2.21 million shares.

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. The firm earned “Outperform” rating on Monday, October 2 by Robert W. Baird. The company was maintained on Friday, July 14 by Cowen & Co. The stock has “Buy” rating by Cowen & Co on Wednesday, October 11. Robert W. Baird maintained the shares of V in report on Thursday, February 1 with “Buy” rating. Stifel Nicolaus maintained Visa Inc. (NYSE:V) rating on Tuesday, October 25. Stifel Nicolaus has “Buy” rating and $93 target. The stock of Visa Inc. (NYSE:V) has “Hold” rating given on Tuesday, September 1 by Vetr. The stock of Visa Inc. (NYSE:V) has “Overweight” rating given on Friday, August 14 by JP Morgan. The rating was downgraded by Credit Suisse to “Hold” on Tuesday, October 3. The company was downgraded on Thursday, February 11 by Bank of America. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Nomura on Friday, February 2.

Since December 13, 2017, it had 0 insider buys, and 3 sales for $6.56 million activity. MAHON TULLIER KELLY sold 49,702 shares worth $5.65 million. On Wednesday, December 13 MATSCHULLAT ROBERT W sold $707,561 worth of Visa Inc. (NYSE:V) or 6,220 shares. On Wednesday, February 14 the insider Biggar Lynne sold $205,440.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It fall, 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. Thompson Davis And Co Inc holds 0.52% or 2,789 shares in its portfolio. Cornerstone Cap Management Holding Limited Liability Company has invested 0.65% in Visa Inc. (NYSE:V). Boothbay Fund Management Ltd Liability Co holds 8,100 shares or 0.14% of its portfolio. Eagle Capital Mgmt Ltd Limited Liability Company accumulated 32,057 shares. Georgia-based Vident Advisory Llc has invested 0.04% in Visa Inc. (NYSE:V). Beacon Advsr holds 1.27% or 1,015 shares. Bragg Advisors Inc stated it has 3,265 shares or 0.05% of all its holdings. Spears Abacus Advsr Lc invested 0.03% in Visa Inc. (NYSE:V). Spirit Of America Ny has invested 0.21% in Visa Inc. (NYSE:V). States Steel And Carnegie Pension Fund stated it has 408,102 shares. Texas Permanent School Fund owns 506,973 shares. Cantab Cap Ptnrs Ltd Liability Partnership stated it has 0.04% of its portfolio in Visa Inc. (NYSE:V). Private Ocean Ltd Liability Co stated it has 48 shares. Dynamic Solutions Limited Co holds 22,853 shares or 0.95% of its portfolio. First Interstate National Bank owns 16,053 shares.

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