As Tiffany & Co (TIF) Share Price Rose, Patten Group Decreased Position by $324,000; Visa (V) Share Value Rose While Trb Advisors LP Trimmed Stake

January 14, 2018 - By Michael Collier

Patten Group Inc decreased its stake in Tiffany & Co (TIF) by 90.57% based on its latest 2017Q3 regulatory filing with the SEC. Patten Group Inc sold 3,600 shares as the company’s stock rose 7.82% with the market. The institutional investor held 375 shares of the consumer specialties company at the end of 2017Q3, valued at $34,000, down from 3,975 at the end of the previous reported quarter. Patten Group Inc who had been investing in Tiffany & Co for a number of months, seems to be less bullish one the $13.48B market cap company. The stock increased 0.93% or $1 during the last trading session, reaching $108.46. About 1.12M shares traded. Tiffany & Co. (NYSE:TIF) has risen 46.84% since January 14, 2017 and is uptrending. It has outperformed by 30.14% the S&P500.




Trb Advisors Lp decreased its stake in Visa Inc (V) by 16.59% based on its latest 2017Q3 regulatory filing with the SEC. Trb Advisors Lp sold 95,000 shares as the company’s stock rose 5.74% with the market. The institutional investor held 477,500 shares of the business services company at the end of 2017Q3, valued at $50.25 million, down from 572,500 at the end of the previous reported quarter. Trb Advisors Lp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $272.15 billion market cap company. The stock increased 0.21% or $0.25 during the last trading session, reaching $120.09. About 5.59 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since January 14, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Among 26 analysts covering Tiffany & Co. (NYSE:TIF), 14 have Buy rating, 0 Sell and 12 Hold. Therefore 54% are positive. Tiffany & Co. had 79 analyst reports since July 29, 2015 according to SRatingsIntel. Oppenheimer maintained the stock with “Buy” rating in Wednesday, June 21 report. Topeka Capital Markets maintained the shares of TIF in report on Tuesday, January 19 with “Buy” rating. The rating was maintained by Citigroup with “Neutral” on Friday, August 26. The stock of Tiffany & Co. (NYSE:TIF) earned “Hold” rating by HSBC on Tuesday, February 7. Jefferies maintained it with “Buy” rating and $11000 target in Tuesday, June 6 report. The stock of Tiffany & Co. (NYSE:TIF) earned “Sector Perform” rating by RBC Capital Markets on Friday, August 26. The company was reinitiated on Thursday, October 22 by Wells Fargo. KeyBanc Capital Markets upgraded Tiffany & Co. (NYSE:TIF) on Friday, December 1 to “Overweight” rating. As per Thursday, January 21, the company rating was maintained by RBC Capital Markets. The firm has “Buy” rating given on Thursday, August 24 by Oppenheimer.

Analysts await Tiffany & Co. (NYSE:TIF) to report earnings on March, 16. They expect $1.52 earnings per share, up 4.83% or $0.07 from last year’s $1.45 per share. TIF’s profit will be $188.90 million for 17.84 P/E if the $1.52 EPS becomes a reality. After $0.80 actual earnings per share reported by Tiffany & Co. for the previous quarter, Wall Street now forecasts 90.00% EPS growth.

Trb Advisors Lp, which manages about $135.05 million US Long portfolio, upped its stake in Amazon Com Inc (NASDAQ:AMZN) by 5,000 shares to 17,500 shares, valued at $16.82M in 2017Q3, according to the filing.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It dived, 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. Kessler Grp Limited Liability Corporation stated it has 0.01% of its portfolio in Visa Inc. (NYSE:V). Parsec Fin Management reported 130,184 shares. Copeland Management Ltd Com holds 0.61% or 85,009 shares. Smith Asset Mngmt Gp Inc Lp reported 0.55% stake. Columbia Ptnrs L L C Mgmt stated it has 70,274 shares. 171,900 are owned by Hikari Pwr. Tiger Eye Limited Liability Corporation reported 263,465 shares. The Florida-based Amer Asset Mgmt Inc has invested 0.38% in Visa Inc. (NYSE:V). Etrade Management Ltd Llc invested in 0.09% or 23,296 shares. 254,000 are owned by Bp Public Ltd Company. Zurcher Kantonalbank (Zurich Cantonalbank) invested 0.46% of its portfolio in Visa Inc. (NYSE:V). Connecticut-based Sky Invest Gp Ltd Liability Corp has invested 0.12% in Visa Inc. (NYSE:V). Glg Lc, New York-based fund reported 96,438 shares. First Corporation In invested 0.15% of its portfolio in Visa Inc. (NYSE:V). Wunderlich Managemnt has invested 1.38% in Visa Inc. (NYSE:V).

Since August 17, 2017, it had 0 insider buys, and 3 insider sales for $7.43 million activity. 49,702 shares were sold by MAHON TULLIER KELLY, worth $5.65 million on Friday, December 15. The insider MATSCHULLAT ROBERT W sold $707,561.

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 $2.20B for 30.95 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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