Sigma Planning Has Decreased Apple (AAPL) Holding by $1.95 Million as Valuation Declined; Crescent Park Management LP Has Trimmed Its Visa (V) Holding by $6.25 Million; Stock Rose

May 21, 2018 - By Henry Gaston

Visa Inc. (NYSE:V) Logo

Crescent Park Management Lp decreased its stake in Visa Inc (V) by 14.97% based on its latest 2017Q4 regulatory filing with the SEC. Crescent Park Management Lp sold 54,800 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 311,156 shares of the business services company at the end of 2017Q4, valued at $35.48 million, down from 365,956 at the end of the previous reported quarter. Crescent Park Management Lp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $291.02B market cap company. It closed at $129.93 lastly. It is down 31.98% since May 21, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.




Sigma Planning Corp decreased its stake in Apple Inc (AAPL) by 7% based on its latest 2017Q4 regulatory filing with the SEC. Sigma Planning Corp sold 11,567 shares as the company’s stock declined 3.81% with the market. The institutional investor held 153,726 shares of the computer manufacturing company at the end of 2017Q4, valued at $26.02M, down from 165,293 at the end of the previous reported quarter. Sigma Planning Corp who had been investing in Apple Inc for a number of months, seems to be less bullish one the $915.74B market cap company. The stock decreased 0.36% or $0.68 during the last trading session, reaching $186.31. About 16.17M shares traded. Apple Inc. (NASDAQ:AAPL) has risen 19.49% since May 21, 2017 and is uptrending. It has outperformed by 7.94% the S&P500.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.05, from 1 in 2017Q3. It increased, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Allen Inv Management Ltd Llc reported 0.06% stake. Kentucky Retirement System reported 111,831 shares. Edge Wealth Mgmt Ltd Llc has 0% invested in Visa Inc. (NYSE:V). Boston Prtnrs reported 0% stake. Trillium Asset Limited Liability invested 0.33% of its portfolio in Visa Inc. (NYSE:V). Ngam Advisors Limited Partnership owns 1.46 million shares or 1.7% of their US portfolio. Ghp Invest has invested 0.2% of its portfolio in Visa Inc. (NYSE:V). Quadrant Mngmt Limited Liability has 33,409 shares for 2.68% of their portfolio. Wealthcare Management Limited Co holds 0% or 47 shares in its portfolio. Moreover, Levin Cap Strategies Lp has 0.01% invested in Visa Inc. (NYSE:V) for 2,885 shares. Clal Ins Enterp invested in 2.05% or 683,722 shares. Walleye Trading Ltd Liability Corp reported 0.01% of its portfolio in Visa Inc. (NYSE:V). California Pub Employees Retirement System owns 4.35 million shares for 0.67% of their portfolio. Nippon Life Investors Americas Inc, New York-based fund reported 307,300 shares. Jpmorgan Chase Communications owns 0.61% invested in Visa Inc. (NYSE:V) for 25.21 million shares.

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

Crescent Park Management Lp, which manages about $466.84 million and $516.93 million US Long portfolio, upped its stake in Allergan Plc by 33,462 shares to 84,865 shares, valued at $13.88M in 2017Q4, according to the filing. It also increased its holding in Equifax Inc (NYSE:EFX) by 35,789 shares in the quarter, for a total of 115,627 shares, and has risen its stake in Wex Inc (NYSE:WEX).

Since December 13, 2017, it had 0 buys, and 5 sales for $12.69 million activity. On Wednesday, February 14 Biggar Lynne sold $205,440 worth of Visa Inc. (NYSE:V) or 1,712 shares. MAHON TULLIER KELLY also sold $5.65M worth of Visa Inc. (NYSE:V) shares. 38,500 shares were sold by MCINERNEY RYAN, worth $5.06 million on Thursday, May 10. HOFFMEISTER JAMES H sold $1.08 million worth of Visa Inc. (NYSE:V) on Monday, April 30.

Among 43 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Visa Inc. had 131 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Buy” rating by Buckingham Research on Thursday, April 26. Mizuho maintained Visa Inc. (NYSE:V) rating on Friday, February 2. Mizuho has “Buy” rating and $136.0 target. The rating was maintained by Robert W. Baird with “Outperform” on Monday, October 2. The firm earned “Buy” rating on Thursday, July 20 by RBC Capital Markets. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 20. As per Friday, February 3, the company rating was maintained by Stifel Nicolaus. The firm has “Buy” rating by RBC Capital Markets given on Thursday, February 1. Citigroup maintained it with “Buy” rating and $124 target in Wednesday, October 18 report. Oppenheimer maintained it with “Buy” rating and $125.0 target in Wednesday, October 25 report. The firm has “Hold” rating by DZ Bank given on Wednesday, January 24.

More important recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa: Next Stop $135” on April 27, 2018, also Seekingalpha.com published article titled: “Spotlight On Gambling Reset And Banking Bill”, Seekingalpha.com published: “Is It Too Late To Buy Visa Stock?” on May 17, 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.

Among 56 analysts covering Apple Inc. (NASDAQ:AAPL), 37 have Buy rating, 1 Sell and 18 Hold. Therefore 66% are positive. Apple Inc. had 414 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, February 2. UBS has “Buy” rating and $190.0 target. The firm earned “Outperform” rating on Wednesday, October 28 by Credit Suisse. The firm has “Hold” rating given on Monday, August 21 by Credit Suisse. RBC Capital Markets maintained it with “Buy” rating and $205.0 target in Monday, March 5 report. UBS maintained the shares of AAPL in report on Monday, July 31 with “Buy” rating. The rating was maintained by Goldman Sachs on Wednesday, October 26 with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Friday, September 11 report. The rating was maintained by UBS on Wednesday, August 2 with “Buy”. Nomura maintained Apple Inc. (NASDAQ:AAPL) rating on Friday, September 11. Nomura has “Buy” rating and $145 target. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, October 26 report.

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Seekingalpha.com which released: “Tim Cook comments on Trump meeting” on May 15, 2018, also Seekingalpha.com with their article: “Apple: With Enemies Like These, Who Needs Friends?” published on May 17, 2018, Seekingalpha.com published: “Why I Am Buying Apple” on May 15, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: 247Wallst.com and their article: “Analysts Jumping All Over Their Apple and iPhone Calls” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “Apple’s Dividend: An Opportunity Wasted” with publication date: May 15, 2018.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on August, 7. They expect $2.19 earnings per share, up 31.14% or $0.52 from last year’s $1.67 per share. AAPL’s profit will be $10.76B for 21.27 P/E if the $2.19 EPS becomes a reality. After $2.73 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts -19.78% negative EPS growth.

Sigma Planning Corp, which manages about $1.30 billion US Long portfolio, upped its stake in Netflix Inc (NASDAQ:NFLX) by 2,568 shares to 12,617 shares, valued at $2.42M in 2017Q4, according to the filing. It also increased its holding in Ishares Tr (IVE) by 49,759 shares in the quarter, for a total of 113,832 shares, and has risen its stake in Select Sector Spdr Tr (XLV).

Apple Inc. (NASDAQ:AAPL) Institutional Positions Chart

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