January 14, 2018 – By Kurt Siggers
Sandy Nairn increased its stake in Alibaba Holding Group (BABA) by 204% based on its latest 2017Q3 regulatory filing with the SEC. Edinburgh Partners Ltd. bought 5,100 shares as the company’s stock rose 22.58% with the market. The hedge fund run by Sandy Nairn held 7,600 shares of the business services company at the end of 2017Q3, valued at $ 1.31M, up from 2,500 at the end of the previous reported quarter. Edinburgh Partners Ltd who had been investing in Alibaba Group Holding for a number of months, seems to be bullish on the $ 481.84B market cap company. The stock decreased 0.51% or $ 0.96 during the last trading session, reaching $ 187.79. About 11.79M shares traded. Alibaba Group Holding Limited (NYSE: BABA) has risen 57.33% since January 14, 2017 and is uptrending. It has outperformed by 40.63% the S & P500.
1St Source Bank has increased its stake in Visa Inc. Cl A (V) by 48.43% based on its latest 2017Q3 regulatory filing with the SEC. 1St Source Bank bought 4,611 shares as the company’s stock rose 5.74% with the market. The institutional investor held 14,131 shares of the business services company at the end of 2017Q3, valued at $ 1.49 million, up from 9,520 at the end of the previous reported quarter. 1St Source Bank who had been investing in a Visa Inc. Cl A for a number of months, seems to be bullish on the $ 272.15B market cap company. The stock increased 0.21% or $ 0.25 during the last trading session, reaching $ 120.09. About 5.59 million traded shares. Visa Inc. (NYSE: V) has risen 20.29% since January 14, 2017 and is uptrending. It has outperformed by 3.59% the S & P500.
1St Source Bank, $ 1.20B US Long portfolio, decreased its stake in Exxonmobil Corp. (NYSE: XOM) by 4,609 shares to 108,520 shares, valued at $ 8.90 million in 2017Q3, according to the filing. It also reduced its holding in Apple Inc. (NASDAQ: AAPL) by 6,277 shares in the quarter, leaving it with 72,275 shares, and cutting its stake in Starbucks Corp. (NASDAQ: SBUX).
Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. Investors V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less than 1.66 billion shares in 2017Q2 were reported. British Columbia Inv Management Corporation accumulated 562,533 shares. Finemark Retail Bank And reported 56,832 shares stake. 1.83M are owned by Axa. First Eagle Invest Mngmt Limited has 0.84% invested in Visa Inc. (NYSE: V) for 3.57 million shares. 24,914 are held by Hedeker Wealth Lc. Moreover, Institute For Wealth Management Ltd. has 0.41% invested in Visa Inc. (NYSE: V) for 12,031 shares. Citigroup Inc. holds 0.11% in Visa Inc. (NYSE: V) or 1.30 million shares. Gateway Investment Advisers Ltd. Liability accumulated 1.09% or 1.19 million shares. Peak6 Invests Lp invested in 0.09% or 163,443 shares. Kelly Lawrence W Assoc Inc. Ca has invested 3.21% in Visa Inc. (NYSE: V). Massachusetts-based Mutual Co Factory has invested 1.01% in Visa Inc. (NYSE: V). Sky Invest Limited Liability Corporation reported 2,685 shares. Kemnay Advisory Services Inc., New York-based fund reported 44,450 shares. Anderson Hoagland And Co accumulated 60,015 shares. Plancorp Limited Company reported 2,715 shares or 0.08% of all its holdings.
Among 40 analysts covering Visa Inc. ( NYSE: V ), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Visa Inc. had 101 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, January 29th, 2009 RBC Capital Markets with “Outperform”. The stock has “Buy” rating by Instinet on Friday, July 21. Bank of America downgraded the shares of V on report on Thursday, February 11 to “Neutral” rating. Oppenheimer maintained with “Buy” rating and $ 125.0 target in Wednesday, October 25 report. The stock of Visa Inc. (NYSE: V) earned “Buy” rating by Stifel Nicolaus on Friday, July 22. The rating is maintained by KeyBanc Capital Markets with “Buy” on Wednesday, August 23. On Friday, July 24 the stock Topeka Capital Markets with “Hold”. The rating was downgraded by Credit Suisse to “Hold” on Tuesday, October 3. The company was maintained on Wednesday, September 6 by Cowen & Co. The company was maintained on Monday, August 21 by RBC Capital Markets.
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. Another trade for 6,220 shares valued at $ 707,561 was made by MATSCHULLAT ROBERT W on Wednesday, December 13.
Among 37 analysts covering Alibaba ( NYSE: BABA ), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 157 analysts reports since August 12, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Sunday, June 11. As per Wednesday, August 2, the company is being maintained by Barclays Capital. UBS maintained Alibaba Holding Group Limited (NYSE: BABA) on Friday, August 14 with “Buy” rating. KeyBanc Capital Markets maintained it with “Overweight” rating and $ 182 target in Friday, August 18 report. The firm has “Buy” rating by Citigroup given on Friday, August 12. Morgan Stanley reinitiated the stock with “Overweight” rating in Thursday, December 8 report. SunTrust maintained Alibaba Group Holding Limited (NYSE: BABA) rating on Tuesday, May 12, 2011 SunTrust maintained. The stock of Alibaba Holding Group Limited (NYSE: BABA) has “Overweight” rating given on Tuesday, June 28 by Morgan Stanley. The firm earned “Buy” rating on Thursday, March 24 by Deutsche Bank.
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