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Hotchkis & Wiley Capital Management Maintains Position in Spok Hldgs (SPOK); Visa (V) Stock Price Rose While Zevenbergen Capital Investments Has Lowered by $725,040 Its Holding

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Hotchkis & Wiley Capital Management Llc increased its stake in Spok Hldgs Inc (SPOK) by 736.72% based on its latest 2017Q4 regulatory filing with the SEC. Hotchkis & Wiley Capital Management Llc bought 87,124 shares as the company’s stock declined 6.27% with the market. The institutional investor held 98,950 shares of the public utilities company at the end of 2017Q4, valued at $1.55 million, up from 11,826 at the end of the previous reported quarter. Hotchkis & Wiley Capital Management Llc who had been investing in Spok Hldgs Inc for a number of months, seems to be bullish on the $302.09M market cap company. The stock increased 2.70% or $0.4 during the last trading session, reaching $15.2. About 221,194 shares traded or 56.84% up from the average. Spok Holdings, Inc. (NASDAQ:SPOK) has declined 20.27% since May 18, 2017 and is downtrending. It has underperformed by 31.82% the S&P500.

Zevenbergen Capital Investments Llc decreased its stake in Visa Inc. (V) by 7.36% based on its latest 2017Q4 regulatory filing with the SEC. Zevenbergen Capital Investments Llc sold 6,360 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 80,045 shares of the business services company at the end of 2017Q4, valued at $9.13 million, down from 86,405 at the end of the previous reported quarter. Zevenbergen Capital Investments Llc who had been investing in Visa Inc. for a number of months, seems to be less bullish one the $291.02B market cap company. The stock decreased 0.57% or $0.75 during the last trading session, reaching $129.93. About 4.91 million shares traded. Visa Inc. (NYSE:V) has risen 31.98% since May 18, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Hotchkis & Wiley Capital Management Llc, which manages about $25.96B and $26.48B US Long portfolio, decreased its stake in Andeavor by 29,600 shares to 2.05M shares, valued at $233.84 million in 2017Q4, according to the filing. It also reduced its holding in Fifth Third Bancorp (NASDAQ:FITB) by 24,100 shares in the quarter, leaving it with 295,650 shares, and cut its stake in Comcast Corp New (NASDAQ:CMCSA).

More notable recent Spok Holdings, Inc. (NASDAQ:SPOK) news were published by: Seekingalpha.com which released: “Software results boost Spok Holdings earnings” on April 25, 2018, also Businesswire.com with their article: “Spok and Bernoulli Health Partner to Elevate Clinical Alarm Management” published on April 23, 2018, Businesswire.com published: “Spok Sets Date to Report 2018 First Quarter Results” on April 19, 2018. More interesting news about Spok Holdings, Inc. (NASDAQ:SPOK) were released by: Globenewswire.com and their article: “Factors of Influence in 2018, Key Indicators and Opportunity within Spok, Lam Research, Hilton Grand Vacations, MDC …” published on April 23, 2018 as well as Seekingalpha.com‘s news article titled: “Spok Holdings’ (SPOK) CEO Vince Kelly on Q1 2018 Results – Earnings Call Transcript” with publication date: April 26, 2018.

Among 43 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Keefe Bruyette & Woods on Thursday, February 1 with “Buy”. Barclays Capital maintained Visa Inc. (NYSE:V) on Monday, May 16 with “Overweight” rating. The firm has “Buy” rating by Keefe Bruyette & Woods given on Thursday, June 8. Wedbush maintained the stock with “Buy” rating in Wednesday, July 19 report. As per Thursday, October 26, the company rating was maintained by SunTrust. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Thursday, December 15 by Bank of America. As per Monday, July 17, the company rating was maintained by Oppenheimer. Jefferies maintained Visa Inc. (NYSE:V) rating on Friday, June 23. Jefferies has “Buy” rating and $10400 target. Sterne Agee CRT initiated the shares of V in report on Thursday, December 17 with “Buy” rating. The rating was maintained by Sandler O’Neill with “Hold” on Friday, February 2.

More important recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Is It Too Late To Buy Visa Stock?” on May 17, 2018, also Seekingalpha.com published article titled: “Visa: Next Stop $135”, Seekingalpha.com published: “Visa’s (V) CEO Alfred Kelly Presents at 46th Annual JP Morgan Global Technology, Media and Communications …” on May 15, 2018. More interesting news about Visa Inc. (NYSE:V) was released by: 247Wallst.com and their article: “Can Visa Deliver Another Earnings Beat?” with publication date: April 25, 2018.

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.10 earnings per share, up 27.91% or $0.24 from last year’s $0.86 per share. V’s profit will be $2.46 billion for 29.53 P/E if the $1.10 EPS becomes a reality. After $1.11 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -0.90% negative EPS growth.

Since December 13, 2017, it had 0 buys, and 5 sales for $12.69 million activity. 38,500 shares were sold by MCINERNEY RYAN, worth $5.06M on Thursday, May 10. On Wednesday, February 14 Biggar Lynne sold $205,440 worth of Visa Inc. (NYSE:V) or 1,712 shares. HOFFMEISTER JAMES H sold $1.08M worth of stock or 8,423 shares. MAHON TULLIER KELLY had sold 49,702 shares worth $5.65M.

Zevenbergen Capital Investments Llc, which manages about $2.92 billion and $2.40B US Long portfolio, upped its stake in Wayfair Inc. (NYSE:W) by 163,415 shares to 624,605 shares, valued at $50.14M in 2017Q4, according to the filing. It also increased its holding in First Republic Bank (NYSE:FRC) by 10,205 shares in the quarter, for a total of 476,234 shares, and has risen its stake in Portola Pharmaceuticals Inc. (NASDAQ:PTLA).

Visa Inc. (NYSE:V) Institutional Positions Chart

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