Private Wealth Advisors Trimmed By $858,151 Its Conocophillips (COP) Holding; Btim Has Raised Visa (V) Position

October 12, 2017 - By Michael Collier

Private Wealth Advisors Inc decreased Conocophillips (COP) stake by 48.81% reported in 2017Q2 SEC filing. Private Wealth Advisors Inc sold 19,957 shares as Conocophillips (COP)’s stock declined 0.06%. The Private Wealth Advisors Inc holds 20,931 shares with $920,000 value, down from 40,888 last quarter. Conocophillips now has $61.38B valuation. The stock increased 0.42% or $0.21 during the last trading session, reaching $49.81. About 4.42M shares traded. ConocoPhillips (NYSE:COP) has risen 9.50% since October 12, 2016 and is uptrending. It has underperformed by 7.20% the S&P500.

Btim Corp increased Visa Inc (V) stake by 1.32% reported in 2017Q2 SEC filing. Btim Corp acquired 10,132 shares as Visa Inc (V)’s stock rose 5.74%. The Btim Corp holds 775,822 shares with $72.76 million value, up from 765,690 last quarter. Visa Inc now has $248.25B valuation. The stock decreased 0.30% or $0.33 during the last trading session, reaching $108.11. About 6.38M shares traded. Visa Inc (NYSE:V) has risen 20.29% since October 12, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It improved, as 44 investors sold V shares while 564 reduced holdings. 123 funds opened positions while 564 raised stakes. 1.66 billion shares or 1.28% less from 1.68 billion shares in 2017Q1 were reported. Crestwood Capital Mngmt Limited Partnership has invested 5.21% of its portfolio in Visa Inc (NYSE:V). Bath Savings holds 0.08% or 3,063 shares in its portfolio. Frontier Inv Co reported 272,790 shares or 2.5% of all its holdings. World Invsts, California-based fund reported 33.19M shares. Mariner Wealth Advsr Lc holds 32,921 shares or 0.15% of its portfolio. Crestpoint Ltd Liability Company holds 1.64% in Visa Inc (NYSE:V) or 37,300 shares. Paw Capital reported 18,000 shares. Ntv Asset Mgmt Lc has 25,942 shares. Jane Street Grp Inc Inc Limited Liability Corporation has 184,713 shares. Moreover, Scopus Asset Mgmt Lp has 1.11% invested in Visa Inc (NYSE:V) for 1.10M shares. Massmutual Trust Fsb Adv has invested 0% of its portfolio in Visa Inc (NYSE:V). Moreover, Ascend Ltd Company has 1% invested in Visa Inc (NYSE:V) for 228,560 shares. Northern Cap Management Ltd Liability Co invested in 0.28% or 7,918 shares. Fayez Sarofim invested in 0.93% or 1.86M shares. Piedmont Advsrs Ltd Liability Com accumulated 450,443 shares.

Among 34 analysts covering Visa Inc. (NYSE:V), 28 have Buy rating, 0 Sell and 6 Hold. Therefore 82% are positive. Visa Inc. had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, June 23 by Jefferies. Compass Point initiated it with “Neutral” rating and $80 target in Friday, April 15 report. Cowen & Co maintained it with “Buy” rating and $10500 target in Friday, July 14 report. The stock has “Buy” rating by Cowen & Co on Wednesday, September 6. RBC Capital Markets maintained the stock with “Outperform” rating in Tuesday, November 3 report. Instinet maintained the shares of V in report on Friday, July 21 with “Buy” rating. The stock of Visa Inc (NYSE:V) earned “Overweight” rating by JP Morgan on Monday, June 6. The stock of Visa Inc (NYSE:V) has “Buy” rating given on Thursday, September 28 by Cantor Fitzgerald. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, July 20 report. Keefe Bruyette & Woods maintained it with “Outperform” rating and $95 target in Tuesday, December 8 report.

Btim Corp decreased Ross Stores Inc (NASDAQ:ROST) stake by 31,045 shares to 936,569 valued at $54.07M in 2017Q2. It also reduced Bruker Corp (NASDAQ:BRKR) stake by 251,473 shares and now owns 814,169 shares. Washington Trust Bancorp (NASDAQ:WASH) was reduced too.

Analysts await ConocoPhillips (NYSE:COP) to report earnings on October, 26. They expect $0.04 EPS, up 106.06% or $0.70 from last year’s $-0.66 per share. COP’s profit will be $49.29 million for 311.31 P/E if the $0.04 EPS becomes a reality. After $0.14 actual EPS reported by ConocoPhillips for the previous quarter, Wall Street now forecasts -71.43% negative EPS growth.

Since May 19, 2017, it had 0 buys, and 1 sale for $431,590 activity. Shares for $431,590 were sold by McMorran James D.

Among 22 analysts covering ConocoPhillips (NYSE:COP), 15 have Buy rating, 1 Sell and 6 Hold. Therefore 68% are positive. ConocoPhillips had 72 analyst reports since August 4, 2015 according to SRatingsIntel. Cowen & Co upgraded the stock to “Outperform” rating in Monday, December 12 report. Bank of America maintained the stock with “Buy” rating in Tuesday, October 20 report. The firm has “Buy” rating by Citigroup given on Friday, April 29. The firm has “Sector Perform” rating given on Friday, February 5 by Howard Weil. As per Thursday, February 11, the company rating was downgraded by Wolfe Research. On Tuesday, December 15 the stock rating was initiated by Credit Agricole with “Outperform”. The stock of ConocoPhillips (NYSE:COP) earned “Market Perform” rating by Bernstein on Thursday, July 6. The firm earned “Buy” rating on Sunday, August 20 by Cowen & Co. Bank of America upgraded ConocoPhillips (NYSE:COP) rating on Friday, July 28. Bank of America has “Buy” rating and $5800 target. Bank of America downgraded ConocoPhillips (NYSE:COP) on Thursday, May 11 to “Neutral” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

>