As Visa (V) Stock Rose, Provident Trust Co Lowered Its Stake by $1.77 Million; Foundry Partners Has Cut Its Position in Green Bancorp (GNBC) by $519,650

December 7, 2017 - By Hazel Jackson

Provident Trust Co decreased its stake in Visa Inc (V) by 0.72% based on its latest 2017Q2 regulatory filing with the SEC. Provident Trust Co sold 19,063 shares as the company’s stock rose 5.74% with the market. The institutional investor held 2.62M shares of the business services company at the end of 2017Q2, valued at $245.96 million, down from 2.64M at the end of the previous reported quarter. Provident Trust Co who had been investing in Visa Inc for a number of months, seems to be less bullish one the $248.98B market cap company. The stock increased 1.07% or $1.16 during the last trading session, reaching $109.74. About 7.53M shares traded or 5.77% up from the average. Visa Inc. (NYSE:V) has risen 20.29% since December 7, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.




Foundry Partners Llc decreased its stake in Green Bancorp Inc (GNBC) by 24.29% based on its latest 2017Q2 regulatory filing with the SEC. Foundry Partners Llc sold 27,350 shares as the company’s stock rose 12.39% with the market. The institutional investor held 85,250 shares of the finance company at the end of 2017Q2, valued at $1.65M, down from 112,600 at the end of the previous reported quarter. Foundry Partners Llc who had been investing in Green Bancorp Inc for a number of months, seems to be less bullish one the $806.85M market cap company. The stock decreased 0.91% or $0.2 during the last trading session, reaching $21.75. About 101,084 shares traded. Green Bancorp, Inc. (NASDAQ:GNBC) has risen 145.81% since December 7, 2016 and is uptrending. It has outperformed by 129.11% the S&P500.

Analysts await Green Bancorp, Inc. (NASDAQ:GNBC) to report earnings on January, 25. They expect $0.36 earnings per share, up 414.29% or $0.29 from last year’s $0.07 per share. GNBC’s profit will be $13.35 million for 15.10 P/E if the $0.36 EPS becomes a reality. After $0.32 actual earnings per share reported by Green Bancorp, Inc. for the previous quarter, Wall Street now forecasts 12.50% EPS growth.

Foundry Partners Llc, which manages about $1.13 billion and $2.44 billion US Long portfolio, upped its stake in Ceco Environmental (NASDAQ:CECE) by 84,990 shares to 648,050 shares, valued at $5.95M in 2017Q2, according to the filing. It also increased its holding in Condor Hospitality by 67,000 shares in the quarter, for a total of 197,025 shares, and has risen its stake in Spok Holdings (NASDAQ:SPOK).

More recent Green Bancorp, Inc. (NASDAQ:GNBC) news were published by: Globenewswire.com which released: “Green Bancorp, Inc. Announces Third Quarter 2017 Financial Results Release …” on October 11, 2017. Also Streetinsider.com published the news titled: “Green Bancorp, Inc.” on May 08, 2017. Globenewswire.com‘s news article titled: “Green Bancorp, Inc. Provides Operational Update Regarding Hurricane Harvey” with publication date: August 30, 2017 was also an interesting one.

Among 8 analysts covering Green Bancorp Inc (NASDAQ:GNBC), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Green Bancorp Inc had 16 analyst reports since August 3, 2015 according to SRatingsIntel. As per Wednesday, January 18, the company rating was initiated by Piper Jaffray. Piper Jaffray maintained Green Bancorp, Inc. (NASDAQ:GNBC) on Thursday, July 27 with “Buy” rating. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, July 27 report. The stock of Green Bancorp, Inc. (NASDAQ:GNBC) earned “Neutral” rating by SunTrust on Friday, April 29. Suntrust Robinson downgraded the stock to “Neutral” rating in Friday, April 29 report. The firm has “Hold” rating given on Monday, August 28 by Keefe Bruyette & Woods. On Tuesday, August 25 the stock rating was downgraded by Suntrust Robinson to “Neutral”. The firm has “Market Perform” rating given on Thursday, October 29 by Keefe Bruyette & Woods. The stock has “Outperform” rating by Hovde Group on Wednesday, June 8. The firm has “Hold” rating by SunTrust given on Thursday, October 26.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “A Good Time To Buy Visa Now” on December 04, 2017, also Wsj.com with their article: “Visa Fires Top Executive Who Handled PayPal, Apple Partnerships” published on December 02, 2017, Nasdaq.com published: “Visa Inc. (V) Ex-Dividend Date Scheduled for November 16, 2017” on November 15, 2017. More interesting news about Visa Inc. (NYSE:V) were released by: Fool.com and their article: “3 Huge Trends Visa Inc. Can Ride Higher” published on November 29, 2017 as well as Seekingalpha.com‘s news article titled: “Should You Buy Visa At Today’s Price?” with publication date: December 01, 2017.

Among 39 analysts covering Visa Inc. (NYSE:V), 32 have Buy rating, 0 Sell and 7 Hold. Therefore 82% are positive. Visa Inc. had 93 analyst reports since July 21, 2015 according to SRatingsIntel. Barclays Capital maintained the shares of V in report on Thursday, October 26 with “Overweight” rating. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Wednesday, July 19 by Wedbush. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) rating on Tuesday, September 12. Keefe Bruyette & Woods has “Buy” rating and $111.0 target. The firm earned “Buy” rating on Friday, July 22 by Stifel Nicolaus. The firm has “Buy” rating given on Wednesday, September 6 by Cowen & Co. RBC Capital Markets maintained it with “Buy” rating and $11100 target in Thursday, July 20 report. As per Thursday, June 8, the company rating was maintained by Keefe Bruyette & Woods. The firm has “Buy” rating given on Friday, July 21 by Cowen & Co. The firm has “Overweight” rating by Morgan Stanley given on Friday, October 20. Piper Jaffray maintained the stock with “Buy” rating in Friday, October 13 report.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It increased, as 44 investors sold V shares while 564 reduced holdings. 123 funds opened positions while 564 raised stakes. 1.66 billion shares or 1.28% less from 1.68 billion shares in 2017Q1 were reported. Beaumont Fincl Partners Lc holds 1.76% of its portfolio in Visa Inc. (NYSE:V) for 144,550 shares. Duquesne Family Office Ltd Company holds 1.09% of its portfolio in Visa Inc. (NYSE:V) for 216,400 shares. Chilton Inv Limited Company holds 321,072 shares. Hm Payson stated it has 203,282 shares. Suntrust Banks holds 0.48% of its portfolio in Visa Inc. (NYSE:V) for 929,318 shares. New York-based Two Sigma Ltd Llc has invested 0.2% in Visa Inc. (NYSE:V). Marsico Cap Mngmt Limited Liability Co has 5.59% invested in Visa Inc. (NYSE:V) for 1.42M shares. 5,557 are owned by Verition Fund Mngmt Ltd. Gabelli Funds Limited Liability Com invested in 248,800 shares or 0.14% of the stock. Vantage Investment Limited Company accumulated 104,233 shares. Univest Corp Of Pennsylvania accumulated 47,302 shares. Allstate reported 32,763 shares or 0.16% of all its holdings. Monetary Mngmt Grp Inc Inc reported 42,000 shares or 1.61% of all its holdings. Hwg Hldgs Lp has invested 0.02% in Visa Inc. (NYSE:V). Advisory Ntwk Limited Liability Corp holds 0.39% in Visa Inc. (NYSE:V) or 32,261 shares.

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