Visa (V) Shareholder Farallon Capital Management Trimmed Stake as Stock Price Rose; Pentair Plc (PNR) Holding Held by Pacific Alternative Asset Management Company Llc

February 24, 2018 - By Adrian Erickson

Pacific Alternative Asset Management Company Llc increased its stake in Pentair Plc (PNR) by 189.29% based on its latest 2017Q3 regulatory filing with the SEC. Pacific Alternative Asset Management Company Llc bought 20,345 shares as the company’s stock rose 15.45% with the market. The hedge fund held 31,093 shares of the industrial machinery and components company at the end of 2017Q3, valued at $2.11M, up from 10,748 at the end of the previous reported quarter. Pacific Alternative Asset Management Company Llc who had been investing in Pentair Plc for a number of months, seems to be bullish on the $12.96B market cap company. The stock increased 0.42% or $0.3 during the last trading session, reaching $71.39. About 682,859 shares traded. Pentair plc (NYSE:PNR) has risen 14.99% since February 24, 2017 and is uptrending. It has underperformed by 1.71% the S&P500.

Thomas Steyer decreased its stake in Visa Inc (V) by 16.32% based on its latest 2017Q3 regulatory filing with the SEC. Farallon Capital Management Llc sold 460,837 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Thomas Steyer held 2.36M shares of the business services company at the end of 2017Q3, valued at $248.75 million, down from 2.82M at the end of the previous reported quarter. Farallon Capital Management Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $277.44B market cap company. The stock increased 2.12% or $2.55 during the last trading session, reaching $122.93. About 5.04M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 24, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.




Pacific Alternative Asset Management Company Llc, which manages about $15.88 billion and $913.16 million US Long portfolio, decreased its stake in Bankfinancial Corp (NASDAQ:BFIN) by 45,941 shares to 96,085 shares, valued at $1.53M in 2017Q3, according to the filing. It also reduced its holding in Charter Communications Inc N by 1,925 shares in the quarter, leaving it with 4,160 shares, and cut its stake in Altaba Inc.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.11, from 1.15 in 2017Q2. It worsened, as 24 investors sold PNR shares while 147 reduced holdings. 47 funds opened positions while 131 raised stakes. 151.12 million shares or 1.77% less from 153.84 million shares in 2017Q2 were reported. San Francisco Sentry Group Incorporated (Ca) reported 0% in Pentair plc (NYSE:PNR). Rockefeller Inc reported 1.41% of its portfolio in Pentair plc (NYSE:PNR). Oskie Cap Ltd Liability Co stated it has 29,000 shares. 8,853 were accumulated by Piedmont Advsrs Ltd Liability. Swiss Bank & Trust holds 0.05% or 637,557 shares in its portfolio. Axa holds 0.14% or 476,465 shares in its portfolio. Moreover, Advantus Management Incorporated has 0.03% invested in Pentair plc (NYSE:PNR). Nomura Holding invested 0.01% in Pentair plc (NYSE:PNR). 542,462 were accumulated by State Common Retirement Fund. Bowen Hanes And invested 0.02% of its portfolio in Pentair plc (NYSE:PNR). Amer Group Incorporated holds 0.02% or 68,161 shares. Armstrong Shaw Ct reported 1.47% of its portfolio in Pentair plc (NYSE:PNR). 644,196 were reported by Neuberger Berman Grp Lc. Great West Life Assurance Company Can has 0.02% invested in Pentair plc (NYSE:PNR) for 126,268 shares. Delta Asset Management Limited Liability Company Tn holds 113 shares or 0% of its portfolio.

Among 24 analysts covering Pentair Inc. (NYSE:PNR), 7 have Buy rating, 5 Sell and 12 Hold. Therefore 29% are positive. Pentair Inc. had 82 analyst reports since July 22, 2015 according to SRatingsIntel. The company was maintained on Friday, December 18 by Canaccord Genuity. The stock of Pentair plc (NYSE:PNR) has “Buy” rating given on Monday, January 23 by Vertical Research. The rating was maintained by Bank of America with “Sell” on Wednesday, July 26. The firm has “Sell” rating given on Thursday, July 20 by Cowen & Co. On Sunday, October 15 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Buy” rating by RBC Capital Markets given on Friday, September 15. RBC Capital Markets maintained the shares of PNR in report on Wednesday, October 11 with “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Friday, October 16. The firm earned “Hold” rating on Monday, October 16 by BMO Capital Markets. The firm has “Neutral” rating given on Wednesday, February 3 by Wedbush.

Since September 28, 2017, it had 0 insider purchases, and 2 insider sales for $516,566 activity. 2,392 shares valued at $168,166 were sold by Stauch John L on Wednesday, January 3.

Investors sentiment decreased to 1 in Q3 2017. Its down 0.13, from 1.13 in 2017Q2. It is negative, 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. Bourgeon Mgmt Lc reported 3.01% in Visa Inc. (NYSE:V). Fiduciary Tru Com owns 22,573 shares or 0.07% of their US portfolio. The New York-based Vontobel Asset has invested 4.37% in Visa Inc. (NYSE:V). Goldman Sachs holds 0.46% or 17.70M shares. Sumitomo Mitsui Asset Management reported 632,503 shares. Trillium Asset Management Ltd Liability reported 63,462 shares stake. Holt Lc Dba Holt Partners LP reported 2,852 shares stake. Select Equity Grp Incorporated LP accumulated 59,354 shares. Excalibur Mgmt Corp holds 0.98% or 10,959 shares. Kemnay Advisory Svcs holds 2.01% of its portfolio in Visa Inc. (NYSE:V) for 44,450 shares. Halsey Associate Incorporated Ct has invested 4.3% of its portfolio in Visa Inc. (NYSE:V). Mufg Americas Hldgs accumulated 29,156 shares or 0.1% of the stock. Putnam Fl Investment Mgmt stated it has 2.54% of its portfolio in Visa Inc. (NYSE:V). 300 are owned by Saratoga Rech And Inv. Moreover, Northeast Inv Mgmt has 3.78% invested in Visa Inc. (NYSE:V) for 405,366 shares.

Farallon Capital Management Llc, which manages about $23.19B and $11.25B US Long portfolio, upped its stake in Dell Technologies Inc by 647,000 shares to 4.51 million shares, valued at $348.48M in 2017Q3, according to the filing. It also increased its holding in Amicus Therapeutics Inc (NASDAQ:FOLD) by 2.08M shares in the quarter, for a total of 5.08 million shares, and has risen its stake in Bard C R Inc (NYSE:BCR).

Since December 13, 2017, it had 0 insider buys, and 3 sales for $6.56 million activity. $5.65M worth of Visa Inc. (NYSE:V) shares were sold by MAHON TULLIER KELLY. Biggar Lynne had sold 1,712 shares worth $205,440 on Wednesday, February 14.

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. Keefe Bruyette & Woods maintained the shares of V in report on Thursday, December 21 with “Buy” rating. Robert W. Baird maintained Visa Inc. (NYSE:V) rating on Thursday, February 1. Robert W. Baird has “Buy” rating and $146.0 target. The rating was maintained by Stephens with “Buy” on Friday, February 2. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Guggenheim on Monday, December 5. The firm earned “Buy” rating on Friday, September 22 by RBC Capital Markets. The rating was maintained by Stifel Nicolaus with “Buy” on Tuesday, October 25. Morgan Stanley maintained the shares of V in report on Thursday, January 25 with “Overweight” rating. On Thursday, February 1 the stock rating was maintained by SunTrust with “Buy”. Morgan Stanley maintained it with “Overweight” rating and $125 target in Friday, October 20 report. The firm has “Hold” rating by Sandler O’Neill given on Friday, February 2.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 earnings per share, up 17.44% or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28 billion for 30.43 P/E if the $1.01 EPS becomes a reality. After $1.08 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

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