Comcast New (CMCSA) Holder New Mountain Vantage Advisers Has Upped Stake by $60.03 Million; Baskin Financial Services Has Lowered Holding in Visa Cls A (V) as Share Price Rose

September 14, 2018 - By Ronnie Lemelle

Visa Inc. (NYSE:V) Logo

Baskin Financial Services Inc decreased its stake in Visa Inc. Cls A (V) by 1.55% based on its latest 2018Q2 regulatory filing with the SEC. Baskin Financial Services Inc sold 2,274 shares as the company’s stock rose 9.06% with the market. The institutional investor held 144,790 shares of the business services company at the end of 2018Q2, valued at $19.18M, down from 147,064 at the end of the previous reported quarter. Baskin Financial Services Inc who had been investing in Visa Inc. Cls A for a number of months, seems to be less bullish one the $328.12B market cap company. The stock decreased 0.12% or $0.17 during the last trading session, reaching $147.46. About 2.23M shares traded. Visa Inc. (NYSE:V) has risen 38.00% since September 14, 2017 and is uptrending. It has outperformed by 22.38% the S&P500. Some Historical V News: 25/04/2018 – Visa quarterly profit jumps six times; 21/03/2018 – TTServices Awarded Contract to Provide Canadian Visa Application Centre Services in 21 Countries Across the Americas; 21/05/2018 – U.K. IS APPLYING RETROACTIVE CHECKS ON VISA APPLICATIONS; 06/03/2018 – CNBC Wires: REFILE-EXCLUSIVE-Visa waivers rarely granted under Trump’s latest U.S. travel ban -data; 11/05/2018 – Citigroup Adds Aptiv, Cuts Lowe’s, Buys More Visa: 13F; 11/05/2018 – BRITAIN’S FINANCIAL SECTOR DEMANDING INTERNATIONAL STAFF POSTED TO BRITAIN FOR LESS THAN SIX MONTHS TO BE ABLE TO TRAVEL WITHOUT HAVING TO APPLY FOR A WORK VISA AHEAD OF TIME; 28/05/2018 – Visa Non-Deal Roadshow Scheduled By Wedbush for Jun. 4-5; 25/04/2018 – VISA – INVESTMENTS IN TALENTS & MARKETS AROUND WORLD, MARKETING FOCUSED ON WINTER OLYMPICS IN UPCOMING WORLD CUP LED TO DOUBLE-DIGIT EXPENSE GROWTH ON ADJ BASIS – CONF CALL; 06/03/2018 – EXCLUSIVE-Visa waivers rarely granted under Trump’s latest U.S. travel ban -letter; 06/03/2018 – BRIDG APPOINTS ERIK BRUE AS CHIEF DATA OFFICER

New Mountain Vantage Advisers Llc increased its stake in Comcast Corp New (CMCSA) by 1875.88% based on its latest 2018Q2 regulatory filing with the SEC. New Mountain Vantage Advisers Llc bought 1.88 million shares as the company’s stock rose 11.66% with the market. The hedge fund held 1.98M shares of the television services company at the end of 2018Q2, valued at $64.83 million, up from 100,000 at the end of the previous reported quarter. New Mountain Vantage Advisers Llc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $169.37 billion market cap company. The stock decreased 0.20% or $0.075 during the last trading session, reaching $36.965. About 5.24 million shares traded. Comcast Corporation (NASDAQ:CMCSA) has declined 4.78% since September 14, 2017 and is downtrending. It has underperformed by 20.40% the S&P500. Some Historical CMCSA News: 25/04/2018 – COMCAST – ENTERED TERM LOAN CREDIT AGREEMENT, A 364 DAY BRIDGE LOAN CREDIT AGREEMENT; 05/04/2018 – DISNEY MAY DROP COMCAST VIDEO AD TECH FOR GOOGLE: BUS. INSIDER; 09/05/2018 – FOX: WILL MAKE ANNOUNCEMENT IN DUE COURSE AFTER COMCAST SKY BID; 04/04/2018 – Charter, Comcast and Cox to Form New Group to Sell National Advanced Advertising Solutions; 20/04/2018 – COMCAST-CHARTER REPORT MOBILE OPERATING PLATFORM PARTNERSHIP; 18/03/2018 – NBC News PR: EXCLUSIVE: @marcorubio tells @MeetThePress’ @ChuckTodd that #McCabe “should’ve been allowed to finish through the; 22/03/2018 – Scott Hamilton and Jim Craig Announced as Comcast Business Olympic Legends; 07/05/2018 – Comcast Is Said to Mull Bid for Fox Assets, Countering Disney; 25/04/2018 – Comcast’s Brian Roberts has not […]; 25/04/2018 – Comcast Formalizes Sky Bid in Challenge to Rupert Murdoch’s Fox

Since April 30, 2018, it had 0 buys, and 2 insider sales for $6.13 million activity. MCINERNEY RYAN sold $5.06M worth of stock or 38,500 shares.

Analysts await Visa Inc. (NYSE:V) to report earnings on October, 24. They expect $1.20 earnings per share, up 33.33% or $0.30 from last year’s $0.9 per share. V’s profit will be $2.67B for 30.72 P/E if the $1.20 EPS becomes a reality. After $1.20 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Baskin Financial Services Inc, which manages about $534.22 million US Long portfolio, upped its stake in Markel Corp. Holding (NYSE:MKL) by 7,569 shares to 7,933 shares, valued at $8.60M in 2018Q2, according to the filing. It also increased its holding in Vanguard Ftse All (VEU) by 7,096 shares in the quarter, for a total of 107,667 shares, and has risen its stake in Becton Dickinson And Co (NYSE:BDX).

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.14, from 0.88 in 2018Q1. It is positive, as 39 investors sold V shares while 633 reduced holdings. 124 funds opened positions while 560 raised stakes. 1.56 billion shares or 0.77% less from 1.57 billion shares in 2018Q1 were reported. Grand Jean Cap Management holds 156,484 shares or 7.37% of its portfolio. Mai Management holds 96,351 shares or 0.69% of its portfolio. Amica Pension Fund Board Of Trustees stated it has 54,358 shares. Bp Public Limited Co has 242,000 shares. Oregon-based Ims Capital Mngmt has invested 0.55% in Visa Inc. (NYSE:V). Odey Asset Mgmt Grp Incorporated Ltd reported 8,550 shares. Bridgecreek Investment Management Ltd Liability invested in 41,303 shares or 1.19% of the stock. Pinebridge Invs Limited Partnership stated it has 321,889 shares or 1.05% of all its holdings. Ashmore Wealth Management owns 603,614 shares for 4.19% of their portfolio. Fmr Ltd Liability Corp holds 1.34% or 85.47M shares in its portfolio. Viking Global Investors LP reported 2.43% in Visa Inc. (NYSE:V). Park Avenue Securities Limited Co holds 0.27% or 11,601 shares in its portfolio. Permit Capital Ltd has invested 0.25% in Visa Inc. (NYSE:V). Sensato Limited Com reported 99,200 shares. Bamco Incorporated Ny holds 157,852 shares or 0.09% of its portfolio.

More recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa Call Options Have Fantastic Upside” on September 04, 2018. Also Seekingalpha.com published the news titled: “Visa Inc. (V) Management Presents at Deutsche Bank 2018 Technology Brokers Conference (Transcript)” on September 14, 2018. Seekingalpha.com‘s news article titled: “Visa: Up And Away” with publication date: August 21, 2018 was also an interesting one.

Among 44 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 9 Hold. Therefore 80% are positive. Visa Inc. had 140 analyst reports since July 21, 2015 according to SRatingsIntel. Robert W. Baird maintained Visa Inc. (NYSE:V) rating on Thursday, January 18. Robert W. Baird has “Buy” rating and $136.0 target. Jefferies maintained Visa Inc. (NYSE:V) on Monday, October 30 with “Buy” rating. The firm earned “Buy” rating on Thursday, July 20 by RBC Capital Markets. Morgan Stanley maintained it with “Overweight” rating and $137 target in Thursday, January 25 report. The rating was maintained by JP Morgan with “Overweight” on Friday, August 14. Robert W. Baird maintained Visa Inc. (NYSE:V) on Thursday, February 1 with “Buy” rating. The rating was maintained by Argus Research with “Buy” on Friday, April 27. The firm earned “Outperform” rating on Monday, October 19 by Oppenheimer. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. Susquehanna maintained the shares of V in report on Monday, January 29 with “Buy” rating.

More notable recent Comcast Corporation (NASDAQ:CMCSA) news were published by: Fool.com which released: “3 Reasons to Love Charter Communications” on September 14, 2018, also Seekingalpha.com with their article: “Comcast Corporation (CMCSA) Presents at Goldman Sachs 27th Annual Communacopia Conference (Transcript)” published on September 12, 2018, Seekingalpha.com published: “Comcast’s top Sky buyout offer open until Oct. 6” on September 12, 2018. More interesting news about Comcast Corporation (NASDAQ:CMCSA) were released by: Investorplace.com and their article: “3 Big Stock Charts for Friday: Comcast, Lockheed Martin and PPL” published on September 14, 2018 as well as Seekingalpha.com‘s news article titled: “The Truth About Comcast And Cord Cutting” with publication date: August 26, 2018.

Since March 16, 2018, it had 0 insider purchases, and 5 selling transactions for $1.49 million activity. Another trade for 1,694 shares valued at $52,599 was made by Murdock Daniel C. on Tuesday, June 12.

Investors sentiment increased to 1.07 in Q2 2018. Its up 0.08, from 0.99 in 2018Q1. It improved, as 79 investors sold CMCSA shares while 480 reduced holdings. 122 funds opened positions while 475 raised stakes. 3.60 billion shares or 1.67% less from 3.67 billion shares in 2018Q1 were reported. Portland Glob Advisors Ltd Liability Corporation has invested 0.08% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Cornercap Invest Counsel Inc holds 0.89% or 190,537 shares. Ny State Common Retirement Fund reported 0.61% in Comcast Corporation (NASDAQ:CMCSA). Avalon Advisors Limited Liability Company holds 262,770 shares. Deltec Asset Mgmt Limited Liability Corp holds 2.46% or 371,138 shares in its portfolio. First Personal Finance holds 0.01% of its portfolio in Comcast Corporation (NASDAQ:CMCSA) for 759 shares. Levin Strategies LP has invested 1.43% in Comcast Corporation (NASDAQ:CMCSA). Pinnacle Financial Prtn stated it has 0.84% in Comcast Corporation (NASDAQ:CMCSA). Eaton Vance has invested 0.43% in Comcast Corporation (NASDAQ:CMCSA). Capital Ww reported 168.09 million shares stake. Highstreet Asset Mgmt owns 41,368 shares for 0.08% of their portfolio. Balasa Dinverno & Foltz Limited Liability Corp invested 0.11% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). East Coast Asset Mngmt Ltd reported 8,252 shares stake. Seabridge Inv Advisors Ltd Limited Liability Company invested in 29,900 shares. Ontario Teachers Pension Plan Board holds 1.23% or 2.71M shares in its portfolio.

Visa Inc. (NYSE:V) Institutional Positions Chart

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