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Praxair (PX) Shareholder Westwood Management Lifted Its Stake; Visa (V) Shareholder Southpoint Capital Advisors LP Raised Its Position

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Westwood Management Corp increased its stake in Praxair Inc. (PX) by 1413.73% based on its latest 2017Q4 regulatory filing with the SEC. Westwood Management Corp bought 72,100 shares as the company’s stock declined 6.32% with the market. The institutional investor held 77,200 shares of the basic industries company at the end of 2017Q4, valued at $11.94M, up from 5,100 at the end of the previous reported quarter. Westwood Management Corp who had been investing in Praxair Inc. for a number of months, seems to be bullish on the $43.13B market cap company. The stock decreased 0.31% or $0.47 during the last trading session, reaching $150.21. About 420,490 shares traded. Praxair, Inc. (NYSE:PX) has risen 22.24% since April 23, 2017 and is uptrending. It has outperformed by 10.69% the S&P500.

Rob Butts increased its stake in Visa Inc (V) by 31.25% based on its latest 2017Q4 regulatory filing with the SEC. Southpoint Capital Advisors Lp bought 125,000 shares as the company’s stock rose 4.18% while stock markets declined. The hedge fund run by Rob Butts held 525,000 shares of the business services company at the end of 2017Q4, valued at $59.86M, up from 400,000 at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Visa Inc for a number of months, seems to be bullish on the $280.71B market cap company. The stock increased 0.14% or $0.18 during the last trading session, reaching $124.38. About 3.16 million shares traded. Visa Inc. (NYSE:V) has risen 31.98% since April 23, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Among 24 analysts covering Praxair (NYSE:PX), 12 have Buy rating, 3 Sell and 9 Hold. Therefore 50% are positive. Praxair had 53 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Praxair, Inc. (NYSE:PX) earned “Neutral” rating by Susquehanna on Wednesday, October 7. The firm has “Hold” rating by BMO Capital Markets given on Tuesday, March 27. The firm earned “Buy” rating on Thursday, October 26 by SunTrust. The firm earned “Hold” rating on Friday, September 1 by KeyBanc Capital Markets. The firm has “Buy” rating by Jefferies given on Wednesday, June 21. The stock has “Hold” rating by Seaport Global on Wednesday, January 31. The stock of Praxair, Inc. (NYSE:PX) has “Hold” rating given on Friday, June 2 by Deutsche Bank. KeyBanc Capital Markets downgraded the shares of PX in report on Tuesday, February 2 to “Sector Weight” rating. The stock of Praxair, Inc. (NYSE:PX) earned “Buy” rating by UBS on Friday, October 27. The rating was upgraded by JP Morgan to “Overweight” on Friday, January 27.

Westwood Management Corp, which manages about $655.18 million and $715.42 million US Long portfolio, decreased its stake in Laboratory Corp Of America (NYSE:LH) by 133,350 shares to 5,540 shares, valued at $884,000 in 2017Q4, according to the filing.

Investors sentiment decreased to 1.06 in Q4 2017. Its down 0.02, from 1.08 in 2017Q3. It is negative, as 42 investors sold PX shares while 295 reduced holdings. 104 funds opened positions while 254 raised stakes. 233.99 million shares or 0.58% less from 235.36 million shares in 2017Q3 were reported. Canandaigua Commercial Bank And Trust has 11,035 shares. State Of Alaska Department Of Revenue reported 35,657 shares stake. Barrett Asset Management Ltd Liability Co has 100 shares. 1,508 are held by Lincoln Cap Ltd Llc. Symphony Asset Mngmt Limited Liability Co holds 0.16% or 9,995 shares in its portfolio. Caprock Incorporated stated it has 0.05% in Praxair, Inc. (NYSE:PX). Legg Mason Asset (Japan) Company Limited invested in 1.43% or 15,400 shares. Allsquare Wealth Management Limited Liability Corp holds 0.17% of its portfolio in Praxair, Inc. (NYSE:PX) for 1,418 shares. Everett Harris And Ca has invested 0.01% of its portfolio in Praxair, Inc. (NYSE:PX). Fmr Ltd Co stated it has 0.02% in Praxair, Inc. (NYSE:PX). Oppenheimer And invested 0.14% in Praxair, Inc. (NYSE:PX). Brown Advisory holds 0.04% or 84,998 shares in its portfolio. 42,776 are owned by Silvercrest Asset Gp Limited Liability Company. First Personal Svcs invested in 0.05% or 1,762 shares. Mairs & Pwr reported 2,051 shares or 0% of all its holdings.

Since December 13, 2017, it had 0 insider buys, and 3 insider sales for $6.56 million activity. 6,220 shares were sold by MATSCHULLAT ROBERT W, worth $707,561 on Wednesday, December 13. Biggar Lynne sold $205,440 worth of stock.

Southpoint Capital Advisors Lp, which manages about $2.99B and $2.10B US Long portfolio, decreased its stake in Altaba Inc by 1.25 million shares to 700,000 shares, valued at $48.90 million in 2017Q4, according to the filing. It also reduced its holding in Cognizant Technology Solutio (NASDAQ:CTSH) by 1.43 million shares in the quarter, leaving it with 570,000 shares, and cut its stake in Willis Towers Watson Pub Ltd.

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. Susquehanna maintained the stock with “Buy” rating in Monday, January 29 report. FBR Capital maintained Visa Inc. (NYSE:V) rating on Friday, July 24. FBR Capital has “Mkt Perform” rating and $80 target. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, December 13. The firm has “Buy” rating given on Thursday, September 28 by Cantor Fitzgerald. The rating was maintained by Keefe Bruyette & Woods with “Outperform” on Tuesday, December 8. The firm earned “Buy” rating on Tuesday, October 25 by UBS. RBC Capital Markets maintained Visa Inc. (NYSE:V) rating on Thursday, July 20. RBC Capital Markets has “Buy” rating and $11100 target. The firm has “Outperform” rating by RBC Capital Markets given on Friday, January 29. Topeka Capital Markets maintained the shares of V in report on Friday, July 24 with “Hold” rating. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Wednesday, October 11 by Cowen & Co.

Praxair, Inc. (NYSE:PX) Institutional Positions Chart

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