Prudential Plc Has Cut Its Jd.Com (JD) Position by $2.55 Million; Stock Rose; Campbell Newman Asset Management Has Boosted Its Visa Class A (V) Stake by $15.06 Million; Share Value Rose

February 20, 2018 - By Marguerite Chambers

Campbell Newman Asset Management Inc increased its stake in Visa Inc. Class A (V) by 1693.66% based on its latest 2017Q3 regulatory filing with the SEC. Campbell Newman Asset Management Inc bought 143,419 shares as the company’s stock rose 5.74% with the market. The institutional investor held 151,887 shares of the business services company at the end of 2017Q3, valued at $15.98 million, up from 8,468 at the end of the previous reported quarter. Campbell Newman Asset Management Inc who had been investing in Visa Inc. Class A for a number of months, seems to be bullish on the $274.44B market cap company. The stock decreased 0.21% or $0.25 during the last trading session, reaching $121.6. About 4.97M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 20, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Prudential Plc decreased its stake in Jd.Com Inc (JD) by 8.44% based on its latest 2017Q3 regulatory filing with the SEC. Prudential Plc sold 67,200 shares as the company’s stock rose 37.55% with the market. The hedge fund held 728,600 shares of the consumer services company at the end of 2017Q3, valued at $27.83M, down from 795,800 at the end of the previous reported quarter. Prudential Plc who had been investing in Jd.Com Inc for a number of months, seems to be less bullish one the $66.67 billion market cap company. The stock increased 0.86% or $0.4 during the last trading session, reaching $46.82. About 9.51 million shares traded. JD.com, Inc. (NASDAQ:JD) has risen 77.67% since February 20, 2017 and is uptrending. It has outperformed by 60.97% the S&P500.




Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Tuesday, October 25. The firm has “Buy” rating given on Thursday, October 26 by SunTrust. The company was upgraded on Monday, December 5 by Guggenheim. The rating was maintained by Cowen & Co on Friday, January 12 with “Buy”. The firm has “Buy” rating by Cantor Fitzgerald given on Thursday, September 28. The company was maintained on Friday, October 13 by Piper Jaffray. Piper Jaffray maintained it with “Buy” rating and $158.0 target in Thursday, January 18 report. KeyBanc Capital Markets maintained it with “Buy” rating and $118.0 target in Wednesday, October 18 report. As per Thursday, December 28, the company rating was maintained by Susquehanna. JP Morgan upgraded Visa Inc. (NYSE:V) on Monday, June 6 to “Overweight” rating.

Campbell Newman Asset Management Inc, which manages about $443.30M and $558.86M US Long portfolio, decreased its stake in Amgen Inc. (NASDAQ:AMGN) by 3,163 shares to 61,828 shares, valued at $11.53 million in 2017Q3, according to the filing. It also reduced its holding in Raytheon Co. (NYSE:RTN) by 5,321 shares in the quarter, leaving it with 90,520 shares, and cut its stake in Maxim Integrated Products (NASDAQ:MXIM).

Since December 13, 2017, it had 0 buys, and 3 insider sales for $6.56 million activity. MAHON TULLIER KELLY sold $5.65 million worth of stock or 49,702 shares. Biggar Lynne also sold $205,440 worth of Visa Inc. (NYSE:V) on Wednesday, February 14.

Investors sentiment decreased to 1 in Q3 2017. 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. Beaumont Financial Prtn Ltd Liability Corporation reported 1.87% in Visa Inc. (NYSE:V). Selkirk Mngmt Ltd Liability Corporation stated it has 2.3% in Visa Inc. (NYSE:V). Commercial Bank holds 70,764 shares. 2,616 are owned by Sta Wealth Limited Company. Axiom Invsts Limited Liability Corp De holds 2.68% or 1.13 million shares. Hudson Bay Mngmt Limited Partnership reported 178,472 shares. Capital Ok has 1.1% invested in Visa Inc. (NYSE:V) for 170,362 shares. Bb&T Corporation holds 0.45% or 221,491 shares in its portfolio. The California-based First Western Cap Mgmt has invested 5.48% in Visa Inc. (NYSE:V). Centurylink Investment Mgmt Co reported 9,558 shares. Gotham Asset Mgmt Lc holds 140,190 shares. Prudential Financial Inc stated it has 0.7% of its portfolio in Visa Inc. (NYSE:V). Kempen Management Nv accumulated 17,095 shares. Bessemer Group Inc reported 1.47% of its portfolio in Visa Inc. (NYSE:V). Private Asset Mngmt holds 2.22% of its portfolio in Visa Inc. (NYSE:V) for 13,771 shares.

Among 21 analysts covering JD.com (NASDAQ:JD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. JD.com had 45 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, January 16 by Stifel Nicolaus. The rating was maintained by KeyBanc Capital Markets with “Buy” on Monday, November 13. Jefferies maintained JD.com, Inc. (NASDAQ:JD) on Monday, July 17 with “Buy” rating. The company was initiated on Tuesday, December 15 by M Partners. The stock of JD.com, Inc. (NASDAQ:JD) earned “Hold” rating by Bernstein on Wednesday, January 31. The stock of JD.com, Inc. (NASDAQ:JD) earned “Buy” rating by Goldman Sachs on Friday, November 6. The stock has “Buy” rating by Jefferies on Friday, June 16. The rating was downgraded by Morgan Stanley to “Equal-Weight” on Tuesday, November 14. Jefferies maintained it with “Buy” rating and $32 target in Thursday, August 11 report. The stock of JD.com, Inc. (NASDAQ:JD) has “Buy” rating given on Tuesday, August 22 by Jefferies.

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