Weatherly Asset Management Holding in Visa (V) Has Raised as Valuation Rose; Bb&T Com (BBT) Shareholder Philadelphia Trust Company Has Trimmed Its Position by $739,410

April 20, 2018 - By Dolores Ford

BB&T Corporation (NYSE:BBT) Logo

Weatherly Asset Management increased its stake in Visa Inc (V) by 38.41% based on its latest 2017Q4 regulatory filing with the SEC. Weatherly Asset Management bought 3,002 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 10,817 shares of the business services company at the end of 2017Q4, valued at $1.23M, up from 7,815 at the end of the previous reported quarter. Weatherly Asset Management who had been investing in Visa Inc for a number of months, seems to be bullish on the $279.77 billion market cap company. The stock decreased 0.42% or $0.52 during the last trading session, reaching $123.96. About 7.29M shares traded. Visa Inc. (NYSE:V) has risen 31.98% since April 20, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Philadelphia Trust Company decreased its stake in Bb&T Corp Com (BBT) by 5.56% based on its latest 2017Q4 regulatory filing with the SEC. Philadelphia Trust Company sold 15,090 shares as the company’s stock rose 2.32% while stock markets declined. The institutional investor held 256,533 shares of the major banks company at the end of 2017Q4, valued at $12.76M, down from 271,623 at the end of the previous reported quarter. Philadelphia Trust Company who had been investing in Bb&T Corp Com for a number of months, seems to be less bullish one the $40.70B market cap company. The stock increased 3.42% or $1.73 during the last trading session, reaching $52.36. About 3.93M shares traded. BB&T Corporation (NYSE:BBT) has risen 16.87% since April 20, 2017 and is uptrending. It has outperformed by 5.32% the S&P500.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.05, from 1 in 2017Q3. It increased, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Sit Inv holds 0.88% or 324,080 shares in its portfolio. Rfg Advisory Gp Llc accumulated 1,862 shares. Schroder Investment Mngmt Grp Inc holds 3.30M shares or 0.62% of its portfolio. Bedrijfstakpensioenfonds Voor De Media Pno holds 247,000 shares or 4.64% of its portfolio. State Common Retirement Fund reported 5.78M shares or 0.79% of all its holdings. Viking Investors LP holds 7.62M shares. Driehaus Cap Mngmt Ltd Company stated it has 0.02% of its portfolio in Visa Inc. (NYSE:V). Private Asset Mgmt, California-based fund reported 127,741 shares. Fincl Bank Of Nova Scotia Comm holds 1.18% or 95,312 shares in its portfolio. American Century reported 10.26 million shares. Blue Financial Capital has 1.98% invested in Visa Inc. (NYSE:V). Thornburg Invest reported 0.47% in Visa Inc. (NYSE:V). Ameriprise Fin reported 14.75 million shares. Levin Capital Strategies LP accumulated 2,885 shares. Stratos Wealth Ptnrs Ltd invested in 0.21% or 40,962 shares.

Since December 13, 2017, it had 0 buys, and 3 selling transactions for $6.56 million activity. Shares for $707,561 were sold by MATSCHULLAT ROBERT W on Wednesday, December 13. MAHON TULLIER KELLY sold $5.65 million worth of stock.

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 127 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, July 21, the company rating was maintained by UBS. Morgan Stanley maintained it with “Overweight” rating and $140 target in Friday, February 2 report. The firm has “Buy” rating by Susquehanna given on Monday, January 29. RBC Capital Markets maintained it with “Outperform” rating and $98 target in Friday, April 21 report. Keefe Bruyette & Woods maintained the shares of V in report on Thursday, December 21 with “Buy” rating. The firm has “Buy” rating given on Friday, June 23 by Oppenheimer. Oppenheimer maintained Visa Inc. (NYSE:V) rating on Thursday, January 25. Oppenheimer has “Outperform” rating and $143 target. The rating was maintained by Barclays Capital on Monday, May 16 with “Overweight”. The firm earned “Buy” rating on Tuesday, August 22 by Robert W. Baird. RBC Capital Markets maintained Visa Inc. (NYSE:V) on Thursday, July 20 with “Buy” rating.

Philadelphia Trust Company, which manages about $1.27B US Long portfolio, upped its stake in Bank Of America Corp (NYSE:BAC) by 105,808 shares to 1.09 million shares, valued at $32.11 million in 2017Q4, according to the filing. It also increased its holding in Abb Ltd. (NYSE:ABB) by 118,875 shares in the quarter, for a total of 1.08M shares, and has risen its stake in Dean Foods Co. (NYSE:DF).

Investors sentiment increased to 1.15 in 2017 Q4. Its up 0.22, from 0.93 in 2017Q3. It is positive, as 41 investors sold BBT shares while 269 reduced holdings. 96 funds opened positions while 261 raised stakes. 479.66 million shares or 4.23% less from 500.82 million shares in 2017Q3 were reported. Highlander Management Limited stated it has 0.25% in BB&T Corporation (NYSE:BBT). Arcadia Investment Mgmt Corporation Mi holds 420 shares or 0.01% of its portfolio. 1.02 million are owned by Credit Suisse Ag. Mcmillion Capital Management holds 80,869 shares. Panagora Asset Mgmt Incorporated has invested 0.01% in BB&T Corporation (NYSE:BBT). Ibm Retirement Fund invested in 19,668 shares or 0.18% of the stock. 218,874 are owned by Advsrs Asset. 36,579 were reported by Old Second Natl Bank Of Aurora. Bb&T Corporation stated it has 3.34 million shares or 3.1% of all its holdings. Mirae Asset Global Investments Communications reported 0.01% of its portfolio in BB&T Corporation (NYSE:BBT). 149,755 are owned by Stonebridge Capital Advsrs Ltd. Moreover, Regentatlantic Capital Limited Liability Corporation has 0.02% invested in BB&T Corporation (NYSE:BBT) for 4,890 shares. 20 are held by Massmutual Tru Fsb Adv. Virtu Fincl Ltd Liability Corp owns 0.03% invested in BB&T Corporation (NYSE:BBT) for 10,190 shares. Assetmark reported 3,116 shares.

Visa Inc. (NYSE:V) Institutional Positions Chart

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