Visa (V) Holder Arcadia Investment Management Upped Its Holding by $395,220; As Conocophillips (COP) Stock Value Declined, Shareholder Inverness Counsel Has Lowered Its Position

February 19, 2018 - By Adrian Mccoy

Arcadia Investment Management Corp increased its stake in Visa Inc (V) by 13.32% based on its latest 2017Q3 regulatory filing with the SEC. Arcadia Investment Management Corp bought 3,764 shares as the company’s stock rose 5.74% with the market. The institutional investor held 32,013 shares of the business services company at the end of 2017Q3, valued at $3.37 million, up from 28,249 at the end of the previous reported quarter. Arcadia Investment Management Corp who had been investing in Visa Inc for a number of months, seems to be bullish on the $275.00 billion market cap company. 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.

Inverness Counsel Llc decreased its stake in Conocophillips (COP) by 64.27% based on its latest 2017Q3 regulatory filing with the SEC. Inverness Counsel Llc sold 56,849 shares as the company’s stock declined 0.06% while stock markets rallied. The institutional investor held 31,610 shares of the integrated oil company at the end of 2017Q3, valued at $1.58 million, down from 88,459 at the end of the previous reported quarter. Inverness Counsel Llc who had been investing in Conocophillips for a number of months, seems to be less bullish one the $64.33 billion market cap company. The stock increased 0.20% or $0.11 during the last trading session, reaching $54.65. About 5.07M shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since February 19, 2017 and is uptrending. It has underperformed by 7.20% the S&P500.

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 “Buy” rating on Thursday, June 8 by Keefe Bruyette & Woods. As per Monday, July 17, the company rating was maintained by Oppenheimer. The firm has “Buy” rating given on Friday, February 2 by Mizuho. The firm has “Outperform” rating given on Tuesday, October 25 by RBC Capital Markets. Jefferies maintained Visa Inc. (NYSE:V) rating on Monday, October 30. Jefferies has “Buy” rating and $127 target. SunTrust maintained the stock with “Buy” rating in Thursday, February 1 report. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Oppenheimer on Wednesday, October 25. The rating was maintained by Cowen & Co with “Buy” on Friday, July 21. The rating was maintained by Nomura with “Buy” on Thursday, October 26. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Friday, August 11.

Investors sentiment decreased to 1 in 2017 Q3. 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. Hirtle Callaghan Co Ltd Company invested 0.01% of its portfolio in Visa Inc. (NYSE:V). Cls Investments Limited Liability Corporation has invested 0.06% of its portfolio in Visa Inc. (NYSE:V). Mackenzie Financial reported 1.12 million shares stake. Boston Private Wealth Limited Liability Company holds 1.57% or 389,065 shares. Regions Corporation reported 279,357 shares stake. Ci Invs has invested 0.09% in Visa Inc. (NYSE:V). Oakwood Cap Management Ltd Liability Corp Ca owns 1.92% invested in Visa Inc. (NYSE:V) for 77,957 shares. Pettyjohn Wood White holds 1.56% or 39,937 shares in its portfolio. Pacific Global Mgmt stated it has 8,558 shares or 0.2% of all its holdings. Northwest Inv Counselors Llc accumulated 0.01% or 318 shares. 20,290 are held by Catawba Cap Mngmt Va. Cap City Trust Fl reported 0.7% of its portfolio in Visa Inc. (NYSE:V). Allen Mngmt Ltd Co has invested 0.06% of its portfolio in Visa Inc. (NYSE:V). Kings Point Management holds 0.03% in Visa Inc. (NYSE:V) or 1,247 shares. Prudential Public Limited Co stated it has 0.83% of its portfolio in Visa Inc. (NYSE:V).

Arcadia Investment Management Corp, which manages about $587.00 million and $327.45 million US Long portfolio, decreased its stake in Buffalo Wild Wings Inc (NASDAQ:BWLD) by 5,434 shares to 475 shares, valued at $50,000 in 2017Q3, according to the filing. It also reduced its holding in Danaher Corp Del (NYSE:DHR) by 17,099 shares in the quarter, leaving it with 45,144 shares, and cut its stake in Vanguard Bd Index Fd Inc (BIV).

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $6.56 million activity. MATSCHULLAT ROBERT W sold $707,561 worth of stock. 49,702 shares were sold by MAHON TULLIER KELLY, worth $5.65M.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.08, from 0.71 in 2017Q2. It dropped, as 62 investors sold COP shares while 536 reduced holdings. 91 funds opened positions while 283 raised stakes. 814.86 million shares or 0.93% less from 822.50 million shares in 2017Q2 were reported. Toronto Dominion Bank & Trust invested in 587,795 shares or 0.09% of the stock. Shelton Cap Mngmt invested 0.36% in ConocoPhillips (NYSE:COP). Yorktown Mgmt Rech accumulated 22,000 shares. South State stated it has 0.74% of its portfolio in ConocoPhillips (NYSE:COP). First City Mngmt reported 0.19% stake. Capital Guardian Tru holds 0.24% or 270,057 shares. Duncker Streett & Inc reported 0.15% of its portfolio in ConocoPhillips (NYSE:COP). Brown Brothers Harriman & has 0.01% invested in ConocoPhillips (NYSE:COP). Auxier Asset Mgmt has invested 0.34% in ConocoPhillips (NYSE:COP). Clearbridge Invs Ltd Liability Company reported 7,594 shares. Jump Trading Limited Liability Corp holds 4,877 shares. Marble Harbor Invest Counsel Limited Liability Company owns 5,110 shares or 0.05% of their US portfolio. Union Bank, a Virginia-based fund reported 4,540 shares. Sun Life Financial reported 0.04% in ConocoPhillips (NYSE:COP). Bragg Financial Advisors reported 0.71% stake.

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