Southport Management Holding in Newfield Expl Co (NFX) Has Raised as Stock Declined; Compass Capital Management Has Lowered Visa (V) Position by $1.43 Million; Share Price Rose

February 18, 2018 - By Migdalia James

Compass Capital Management Inc decreased its stake in Visa Inc (V) by 5.16% based on its latest 2017Q3 regulatory filing with the SEC. Compass Capital Management Inc sold 13,574 shares as the company’s stock rose 5.74% with the market. The institutional investor held 249,535 shares of the business services company at the end of 2017Q3, valued at $26.26 million, down from 263,109 at the end of the previous reported quarter. Compass Capital Management Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $275.00 billion market cap company. The stock decreased 0.35% or $0.43 during the last trading session, reaching $121.85. About 6.37M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 18, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Southport Management Llc increased its stake in Newfield Expl Co (NFX) by 56.82% based on its latest 2017Q3 regulatory filing with the SEC. Southport Management Llc bought 12,500 shares as the company’s stock declined 17.43% while stock markets rallied. The institutional investor held 34,500 shares of the oil & gas production company at the end of 2017Q3, valued at $1.02M, up from 22,000 at the end of the previous reported quarter. Southport Management Llc who had been investing in Newfield Expl Co for a number of months, seems to be bullish on the $5.12B market cap company. The stock increased 0.82% or $0.21 during the last trading session, reaching $25.9. About 4.35M shares traded or 70.42% up from the average. Newfield Exploration Company (NYSE:NFX) has declined 13.04% since February 18, 2017 and is downtrending. It has underperformed by 29.74% the S&P500.




Since September 1, 2017, it had 0 buys, and 4 selling transactions for $1.43 million activity.

Southport Management Llc, which manages about $37.58 million US Long portfolio, decreased its stake in Broadcom Ltd by 2,000 shares to 5,000 shares, valued at $1.21M in 2017Q3, according to the filing. It also reduced its holding in Alphabet Inc by 500 shares in the quarter, leaving it with 2,000 shares, and cut its stake in Parker Hannifin Corp (NYSE:PH).

Investors sentiment increased to 1.09 in Q3 2017. Its up 0.01, from 1.08 in 2017Q2. It improved, as 38 investors sold NFX shares while 122 reduced holdings. 43 funds opened positions while 132 raised stakes. 195.89 million shares or 2.01% less from 199.90 million shares in 2017Q2 were reported. Engineers Gate Manager Lp owns 27,981 shares for 0.07% of their portfolio. Exxonmobil Inv Management Incorporated Tx reported 0.03% in Newfield Exploration Company (NYSE:NFX). Voya Investment Mgmt Limited Liability Corporation holds 186,767 shares. Moreover, Westpac Corporation has 0.01% invested in Newfield Exploration Company (NYSE:NFX). Moreover, Cwm Ltd Limited Liability Company has 0% invested in Newfield Exploration Company (NYSE:NFX). State Common Retirement Fund has 0.02% invested in Newfield Exploration Company (NYSE:NFX). California Pub Employees Retirement owns 425,649 shares or 0.02% of their US portfolio. Wells Fargo Mn holds 0.01% of its portfolio in Newfield Exploration Company (NYSE:NFX) for 1.16M shares. Amica Mutual Insur reported 0.03% of its portfolio in Newfield Exploration Company (NYSE:NFX). Hartford Invest Mgmt holds 0.02% or 42,385 shares. Nwq Ltd Liability Corp owns 2.05M shares or 0.74% of their US portfolio. 556,280 were reported by Sumitomo Mitsui Trust. Thrivent Financial For Lutherans reported 0% of its portfolio in Newfield Exploration Company (NYSE:NFX). Boston Partners has invested 0.21% in Newfield Exploration Company (NYSE:NFX). Raymond James Associate invested in 748,121 shares or 0.04% of the stock.

Among 36 analysts covering Newfield Exploration Co. (NYSE:NFX), 24 have Buy rating, 0 Sell and 12 Hold. Therefore 67% are positive. Newfield Exploration Co. had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Market Perform” rating by Wells Fargo given on Friday, December 16. The rating was downgraded by Barclays Capital to “Equal-Weight” on Friday, August 5. The company was maintained on Monday, November 20 by Barclays Capital. The firm has “Buy” rating given on Wednesday, March 23 by Topeka Capital Markets. The firm has “Equal-Weight” rating given on Wednesday, October 11 by Barclays Capital. The stock of Newfield Exploration Company (NYSE:NFX) earned “Buy” rating by Citigroup on Friday, July 21. The firm has “Hold” rating given on Monday, November 13 by KeyBanc Capital Markets. As per Monday, May 16, the company rating was downgraded by KLR Group. SunTrust maintained it with “Buy” rating and $37.0 target in Tuesday, October 31 report. The stock of Newfield Exploration Company (NYSE:NFX) earned “Overweight” rating by PiperJaffray on Monday, September 18.

Compass Capital Management Inc, which manages about $629.48M US Long portfolio, upped its stake in Qualcomm Inc (NASDAQ:QCOM) by 34,161 shares to 422,910 shares, valued at $21.92M in 2017Q3, according to the filing. It also increased its holding in Ecolab Inc (NYSE:ECL) by 2,757 shares in the quarter, for a total of 187,076 shares, and has risen its stake in Fastenal Co (NASDAQ:FAST).

Since August 17, 2017, it had 0 insider purchases, and 2 selling transactions for $6.36 million activity. On Thursday, August 17 the insider CRANSTON MARY B sold $1.07M. $5.65 million worth of stock was sold by MAHON TULLIER KELLY on Friday, December 15.

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