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Moore Capital Management LP Holding in Visa (V) Has Trimmed as Stock Price Rose; Benin Management Increased Stake in United Parcel Service (UPS)

Louis Bacon decreased its stake in Visa Inc (V) by 38.46% based on its latest 2017Q3 regulatory filing with the SEC. Moore Capital Management Lp sold 125,000 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Louis Bacon held 200,000 shares of the business services company at the end of 2017Q3, valued at $21.05 million, down from 325,000 at the end of the previous reported quarter. Moore Capital Management Lp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $282.26B market cap company. The stock increased 0.18% or $0.22 during the last trading session, reaching $124.55. About 4.41 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since January 23, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Benin Management Corp increased its stake in United Parcel Service Inc (UPS) by 77.64% based on its latest 2017Q3 regulatory filing with the SEC. Benin Management Corp bought 42,865 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 98,076 shares of the transportation company at the end of 2017Q3, valued at $11.78M, up from 55,211 at the end of the previous reported quarter. Benin Management Corp who had been investing in United Parcel Service Inc for a number of months, seems to be bullish on the $113.90B market cap company. The stock decreased 0.52% or $0.69 during the last trading session, reaching $132.17. About 1.77 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since January 23, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Highland Management Llc invested in 0.03% or 3,619 shares. Deltec Asset Mngmt Limited Co has 2,500 shares. Carroll Associate invested in 13,136 shares or 0.18% of the stock. Virginia Retirement Sys Et Al has 121,600 shares. Comerica owns 12,467 shares for 0.21% of their portfolio. Stephens Inc Ar holds 0.36% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 82,492 shares. Birch Hill Inv Advsrs Ltd Liability Company holds 211,214 shares or 2.21% of its portfolio. Triangle Securities Wealth Mgmt reported 1,745 shares stake. Keystone Fincl Planning, a Ohio-based fund reported 8,910 shares. Credit Suisse Ag owns 1.22M shares. Ruggie Capital Gp invested in 100 shares or 0.01% of the stock. Legal General Gp Public Limited Co holds 4.02 million shares. Wealthfront Incorporated accumulated 20,534 shares or 0.03% of the stock. Peloton Wealth Strategists has invested 2.36% in United Parcel Service, Inc. (NYSE:UPS). Bankshares Of New York Mellon Corp holds 0.18% in United Parcel Service, Inc. (NYSE:UPS) or 5.51 million shares.

Since August 22, 2017, it had 0 insider buys, and 1 insider sale for $2.02 million activity.

Among 22 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. United Parcel Service had 57 analyst reports since July 29, 2015 according to SRatingsIntel. Loop Capital initiated United Parcel Service, Inc. (NYSE:UPS) on Tuesday, December 20 with “Hold” rating. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Tuesday, August 25 by Zacks. Cowen & Co maintained United Parcel Service, Inc. (NYSE:UPS) on Friday, April 29 with “Market Perform” rating. On Wednesday, February 22 the stock rating was downgraded by Bank of America to “Neutral”. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Hold” rating given on Wednesday, January 17 by Susquehanna. The company was reinitiated on Tuesday, February 23 by Morgan Stanley. Robert W. Baird maintained it with “Hold” rating and $128.0 target in Friday, October 27 report. The company was downgraded on Wednesday, February 1 by BMO Capital Markets. BMO Capital Markets maintained United Parcel Service, Inc. (NYSE:UPS) on Wednesday, July 5 with “Hold” rating. The firm has “Hold” rating by Stifel Nicolaus given on Friday, October 27.

Benin Management Corp, which manages about $278.88 million and $248.13M US Long portfolio, decreased its stake in Pnc Finl Svcs Group Inc (NYSE:PNC) by 2,600 shares to 49,753 shares, valued at $6.71 million in 2017Q3, according to the filing. It also reduced its holding in Schlumberger Ltd (NYSE:SLB) by 8,725 shares in the quarter, leaving it with 148,873 shares, and cut its stake in Allstate Corp (NYSE:ALL).

Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It turned negative, 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. E&G Advsr Limited Partnership invested in 0.13% or 2,808 shares. M Inc has invested 0.52% in Visa Inc. (NYSE:V). Kessler Gru Ltd holds 0.01% or 90 shares. C M Bidwell Assocs Ltd accumulated 2,455 shares. Girard Ptnrs Ltd holds 94,604 shares. Art Advsrs Ltd Co owns 48,900 shares or 0.26% of their US portfolio. Thomas J Herzfeld has invested 0.04% in Visa Inc. (NYSE:V). Viking Investors LP reported 10.22M shares. Mairs & Power has 0.01% invested in Visa Inc. (NYSE:V) for 7,916 shares. Baskin Services invested in 2.97% or 145,358 shares. Ims Capital Management reported 0.34% of its portfolio in Visa Inc. (NYSE:V). Pictet North America Advsrs Sa accumulated 109,696 shares or 1.83% of the stock. Monetta Fincl Service holds 30,000 shares. Adirondack Tru accumulated 0.17% or 2,105 shares. Rockefeller Fincl Svcs holds 2.92% of its portfolio in Visa Inc. (NYSE:V) for 1.46M shares.

Among 40 analysts covering Visa Inc. (NYSE:V), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Visa Inc. had 104 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) on Thursday, December 21 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, January 29. The firm earned “Hold” rating on Friday, July 24 by Topeka Capital Markets. The stock of Visa Inc. (NYSE:V) earned “Neutral” rating by Guggenheim on Tuesday, October 25. On Thursday, July 20 the stock rating was maintained by Piper Jaffray with “Buy”. On Tuesday, September 1 the stock rating was upgraded by Vetr to “Hold”. The company was maintained on Monday, May 16 by Barclays Capital. RBC Capital Markets maintained the shares of V in report on Thursday, July 20 with “Buy” rating. The firm earned “Outperform” rating on Thursday, October 22 by Wells Fargo. The rating was maintained by Mizuho with “Buy” on Wednesday, October 11.

Moore Capital Management Lp, which manages about $44.02B and $5.17 billion US Long portfolio, upped its stake in Lions Gate Entmnt Corp by 102,818 shares to 277,818 shares, valued at $9.29 million in 2017Q3, according to the filing. It also increased its holding in Interxion Holding N.V (NYSE:INXN) by 50,000 shares in the quarter, for a total of 1.08M shares, and has risen its stake in Clovis Oncology Inc (NASDAQ:CLVS).

Analysts await Visa Inc. (NYSE:V) to report earnings on February, 1. They expect $0.97 EPS, up 12.79% or $0.11 from last year’s $0.86 per share. V’s profit will be $2.20 billion for 32.10 P/E if the $0.97 EPS becomes a reality. After $0.90 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 7.78% EPS growth.

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