Artisan Partners Limited Partnership Has Raised Visa (V) Holding; Blume Capital Management Has Boosted Its Position in General Electric (GE) as Market Value Declined

December 20, 2017 - By Jan Rainey

Artisan Partners Limited Partnership increased its stake in Visa Inc (V) by 5.47% based on its latest 2017Q2 regulatory filing with the SEC. Artisan Partners Limited Partnership bought 402,778 shares as the company’s stock rose 5.74% with the market. The institutional investor held 7.76M shares of the business services company at the end of 2017Q2, valued at $728.18M, up from 7.36M at the end of the previous reported quarter. Artisan Partners Limited Partnership who had been investing in Visa Inc for a number of months, seems to be bullish on the $254.95B market cap company. The stock increased 0.32% or $0.36 during the last trading session, reaching $112.5. About 2.21M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since December 20, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Blume Capital Management Inc increased its stake in General Electric (GE) by 7.14% based on its latest 2017Q2 regulatory filing with the SEC. Blume Capital Management Inc bought 14,100 shares as the company’s stock declined 7.64% while stock markets rallied. The institutional investor held 211,681 shares of the consumer electronics and appliances company at the end of 2017Q2, valued at $5.72M, up from 197,581 at the end of the previous reported quarter. Blume Capital Management Inc who had been investing in General Electric for a number of months, seems to be bullish on the $151.37B market cap company. The stock decreased 0.77% or $0.135 during the last trading session, reaching $17.455. About 34.91 million shares traded. General Electric Company (NYSE:GE) has declined 4.46% since December 20, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.

Investors sentiment decreased to 0.79 in 2017 Q2. Its down 0.03, from 0.82 in 2017Q1. It dived, as 85 investors sold GE shares while 816 reduced holdings. 111 funds opened positions while 598 raised stakes. 4.61 billion shares or 0.66% more from 4.58 billion shares in 2017Q1 were reported. Carnegie Cap Asset Limited Liability owns 151,000 shares. Port Solutions Llc has invested 0.03% in General Electric Company (NYSE:GE). Moreover, Institute For Wealth Mngmt Ltd Co has 0.85% invested in General Electric Company (NYSE:GE) for 114,511 shares. Hillsdale Mgmt holds 130 shares. Community And Inv reported 1.81% in General Electric Company (NYSE:GE). Moreover, Pitcairn has 0.34% invested in General Electric Company (NYSE:GE) for 104,120 shares. Longer Investments owns 2.04% invested in General Electric Company (NYSE:GE) for 86,320 shares. Cypress Asset Management Tx has invested 1.9% of its portfolio in General Electric Company (NYSE:GE). Iat Reinsurance Com reported 0.56% stake. Capital, a California-based fund reported 141.32M shares. Argi Inv Lc holds 1.12% in General Electric Company (NYSE:GE) or 553,858 shares. Wasatch Advsrs reported 0.09% stake. Calamos Advisors Ltd Liability Company invested in 0.61% or 3.06 million shares. Ngam Advsr Limited Partnership has 0.26% invested in General Electric Company (NYSE:GE). Cohen Cap Mngmt accumulated 316,765 shares or 2.13% of the stock.

Since August 8, 2017, it had 2 insider buys, and 1 sale for $4.48 million activity. $633,375 worth of General Electric Company (NYSE:GE) shares were sold by Comstock Elizabeth J. 100,000 shares valued at $2.46M were bought by TISCH JAMES S on Tuesday, August 22.

Blume Capital Management Inc, which manages about $302.15M and $176.10M US Long portfolio, decreased its stake in Vanguard St Corporate Bond Etf (VCSH) by 5,350 shares to 10,167 shares, valued at $814,000 in 2017Q2, according to the filing.

Among 25 analysts covering General Electric Company (NYSE:GE), 10 have Buy rating, 5 Sell and 10 Hold. Therefore 40% are positive. General Electric Company had 79 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained it with “Buy” rating and $34 target in Wednesday, April 12 report. Standpoint Research upgraded General Electric Company (NYSE:GE) on Thursday, June 29 to “Hold” rating. The company was downgraded on Monday, October 23 by Morgan Stanley. RBC Capital Markets maintained the shares of GE in report on Monday, October 23 with “Buy” rating. The rating was downgraded by Stifel Nicolaus on Tuesday, October 24 to “Hold”. The rating was maintained by Morgan Stanley with “Equal-Weight” on Monday, July 17. The stock of General Electric Company (NYSE:GE) earned “Neutral” rating by UBS on Monday, October 23. Cowen & Co maintained it with “Hold” rating and $3000 target in Monday, June 12 report. The firm has “Hold” rating by Cowen & Co given on Monday, July 17. On Wednesday, October 14 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Since August 17, 2017, it had 0 insider purchases, and 3 selling transactions for $7.43 million activity. CRANSTON MARY B sold $1.07 million worth of Visa Inc. (NYSE:V) on Thursday, August 17. On Friday, December 15 the insider MAHON TULLIER KELLY sold $5.65 million.

Among 39 analysts covering Visa Inc. (NYSE:V), 32 have Buy rating, 0 Sell and 7 Hold. Therefore 82% are positive. Visa Inc. had 94 analyst reports since July 21, 2015 according to SRatingsIntel. Buckingham Research maintained the stock with “Buy” rating in Thursday, October 26 report. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) rating on Thursday, June 8. Keefe Bruyette & Woods has “Buy” rating and $11100 target. The stock has “Neutral” rating by Guggenheim on Tuesday, October 25. The firm has “Buy” rating by Sterne Agee CRT given on Thursday, December 17. Citigroup maintained the stock with “Buy” rating in Wednesday, October 18 report. Cowen & Co maintained the stock with “Buy” rating in Friday, July 21 report. The rating was initiated by Cantor Fitzgerald with “Buy” on Thursday, September 28. RBC Capital Markets maintained the shares of V in report on Monday, August 21 with “Buy” rating. The rating was maintained by FBR Capital on Friday, July 24 with “Mkt Perform”. Guggenheim upgraded the shares of V in report on Monday, December 5 to “Buy” rating.

Artisan Partners Limited Partnership, which manages about $53.26 billion US Long portfolio, decreased its stake in Blue Buffalo Pet Prods Inc by 69,219 shares to 3.21M shares, valued at $73.19 million in 2017Q2, according to the filing. It also reduced its holding in Monster Beverage Corp New by 16,690 shares in the quarter, leaving it with 4.97 million shares, and cut its stake in Flir Sys Inc (NASDAQ:FLIR).

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It increased, 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. Public Employees Retirement Association Of Colorado reported 1.41% stake. Eagle Capital Mngmt Ltd Llc holds 32,590 shares or 1.82% of its portfolio. Hsbc Holdg Public Ltd Co owns 2.57 million shares. Richard C Young Com reported 71,164 shares or 1.31% of all its holdings. Miura Glob Limited Company invested 6.16% in Visa Inc. (NYSE:V). The New York-based First Manhattan has invested 0.06% in Visa Inc. (NYSE:V). Viking Fund Mgmt Ltd Liability Corporation accumulated 14,000 shares. The New York-based Maplelane Cap Ltd Co has invested 0% in Visa Inc. (NYSE:V). Maryland-based Sandy Spring Commercial Bank has invested 0.18% in Visa Inc. (NYSE:V). Barnett & holds 3,000 shares or 0.13% of its portfolio. Sandler invested in 542,837 shares or 5.52% of the stock. Gofen Glossberg Ltd Liability Com Il has 0.02% invested in Visa Inc. (NYSE:V) for 5,936 shares. Cardinal Management has 0% invested in Visa Inc. (NYSE:V). Hudson Bay Mgmt Limited Partnership invested in 173,649 shares or 0.33% of the stock. Alyeska Investment Grp Lp invested in 0.02% or 27,342 shares.

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