Two Creeks Capital Management LP Has Upped Its Visa INC (V) Position by $197.66 Million

October 2, 2018 - By Ellis Scott

Visa Inc. (NYSE:V) LogoInvestors 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. Cim Ltd Company has invested 0.49% in Visa Inc. (NYSE:V). Westwood Gru Inc Inc holds 0.09% or 79,454 shares in its portfolio. Plante Moran Fincl Advsr Llc has 8,036 shares for 0.54% of their portfolio. Edgewood Mngmt Llc invested in 15.19M shares. Sva Plumb Wealth Mgmt Ltd Company, a Wisconsin-based fund reported 104,572 shares. Moreover, Gamble Jones Counsel has 1.21% invested in Visa Inc. (NYSE:V). Albion Fincl Group Incorporated Ut reported 96,598 shares. Jackson Wealth Ltd Company holds 1.58% or 47,683 shares. Maltese Capital Mgmt Limited Liability Company reported 0.53% in Visa Inc. (NYSE:V). The Ohio-based Huntington Savings Bank has invested 0.87% in Visa Inc. (NYSE:V). Of Virginia Va holds 1.69% of its portfolio in Visa Inc. (NYSE:V) for 91,364 shares. Prentiss Smith And accumulated 0.32% or 4,000 shares. Cubist Systematic Strategies Limited Com accumulated 79,810 shares or 0.53% of the stock. Johnson Invest Counsel reported 16,468 shares. Dudley & Shanley stated it has 0.57% of its portfolio in Visa Inc. (NYSE:V).

Since April 30, 2018, it had 0 buys, and 2 selling transactions for $6.13 million activity. $5.06 million worth of Visa Inc. (NYSE:V) was sold by MCINERNEY RYAN.

Two Creeks Capital Management Lp increased its stake in Visa Inc (V) by 1054.54% based on its latest 2018Q2 regulatory filing with the SEC. Two Creeks Capital Management Lp bought 1.50 million shares as the company’s stock rose 9.06% with the market. The hedge fund held 1.64 million shares of the business services company at the end of 2018Q2, valued at $217.14 million, up from 142,000 at the end of the previous reported quarter. Two Creeks Capital Management Lp who had been investing in Visa Inc for a number of months, seems to be bullish on the $335.52 billion market cap company. The stock increased 0.47% or $0.7 during the last trading session, reaching $150.79. About 9.80 million shares traded or 35.79% up from the average. Visa Inc. (NYSE:V) has risen 38.00% since October 2, 2017 and is uptrending. It has outperformed by 22.38% the S&P500.

Two Creeks Capital Management Lp, which manages about $2.12B and $1.93B US Long portfolio, decreased its stake in Diamondback Energy Inc (Call) (NASDAQ:FANG) by 815,585 shares to 10,100 shares, valued at $1.33M in 2018Q2, according to the filing. It also reduced its holding in Verisk Analytics Inc (NASDAQ:VRSK) by 168,403 shares in the quarter, leaving it with 855,214 shares, and cut its stake in Grupo Financiero Galicia S A (NASDAQ:GGAL).

More recent Visa Inc. (NYSE:V) news were published by: Fool.com which released: “Better Buy: Mastercard Inc. vs. Visa” on October 01, 2018. Also Fool.com published the news titled: “Better Buy: Square Inc. vs. Visa” on September 30, 2018. Benzinga.com‘s news article titled: “Flat Yield Curve, Geopolitical Uncertainty Weighing On Financials Ahead Of Q3 Earnings” with publication date: October 01, 2018 was also an interesting one.

Visa Inc. (NYSE:V) Ratings Coverage

Among 12 analysts covering Visa Inc (NYSE:V), 11 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Visa Inc had 16 analyst reports since April 9, 2018 according to SRatingsIntel. The firm earned “Outperform” rating on Monday, October 1 by Wells Fargo. The company was maintained on Thursday, July 26 by KeyBanc Capital Markets. Morgan Stanley maintained Visa Inc. (NYSE:V) rating on Thursday, July 19. Morgan Stanley has “Overweight” rating and $165 target. Bank of America maintained Visa Inc. (NYSE:V) rating on Tuesday, July 17. Bank of America has “Buy” rating and $155 target. The firm has “Outperform” rating given on Friday, September 14 by Robert W. Baird. On Friday, April 27 the stock rating was maintained by Argus Research with “Buy”. The rating was maintained by Morgan Stanley on Thursday, April 26 with “Overweight”. On Thursday, July 12 the stock rating was maintained by Wells Fargo with “Outperform”. Buckingham Research maintained Visa Inc. (NYSE:V) on Thursday, April 26 with “Buy” rating. The firm earned “Buy” rating on Monday, April 9 by Guggenheim.

Visa Inc. (NYSE:V) Institutional Positions Chart

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