Trust Company Of Virginia Position in Visa (V) Raised by $5.48 Million; As Howard Bancorp (HBMD) Market Value Rose, Shareholder Endeavour Capital Advisors Has Cut Holding

November 15, 2017 - By Adrian Mccoy

Trust Company Of Virginia increased its stake in Visa Inc (V) by 2490.82% based on its latest 2017Q2 regulatory filing with the SEC. Trust Company Of Virginia bought 58,883 shares as the company’s stock rose 5.74% with the market. The institutional investor held 61,247 shares of the business services company at the end of 2017Q2, valued at $5.74M, up from 2,364 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in Visa Inc for a number of months, seems to be bullish on the $253.37B market cap company. The stock declined 1.05% or $1.18 reaching $110.8 on the news. About 285,574 shares traded. Visa Inc (NYSE:V) has risen 20.29% since November 15, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Endeavour Capital Advisors Inc decreased its stake in Howard Bancorp Inc (HBMD) by 14.43% based on its latest 2017Q2 regulatory filing with the SEC. Endeavour Capital Advisors Inc sold 53,342 shares as the company’s stock rose 1.90% with the market. The hedge fund held 316,371 shares of the finance company at the end of 2017Q2, valued at $6.09M, down from 369,713 at the end of the previous reported quarter. Endeavour Capital Advisors Inc who had been investing in Howard Bancorp Inc for a number of months, seems to be less bullish one the $198.69M market cap company. The stock declined 0.49% or $0.1 reaching $20.25 per share. About 419 shares traded. Howard Bancorp Inc (NASDAQ:HBMD) has risen 58.60% since November 15, 2016 and is uptrending. It has outperformed by 41.90% the S&P500.

Analysts await Howard Bancorp Inc (NASDAQ:HBMD) to report earnings on January, 18. They expect $0.22 EPS, up 69.23% or $0.09 from last year’s $0.13 per share. HBMD’s profit will be $2.16M for 23.01 P/E if the $0.22 EPS becomes a reality. After $0.17 actual EPS reported by Howard Bancorp Inc for the previous quarter, Wall Street now forecasts 29.41% EPS growth.

Among 4 analysts covering Howard Bancorp (NASDAQ:HBMD), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Howard Bancorp had 7 analyst reports since November 23, 2015 according to SRatingsIntel. Raymond James initiated Howard Bancorp Inc (NASDAQ:HBMD) on Wednesday, February 1 with “Strong Buy” rating. As per Tuesday, April 26, the company rating was upgraded by Merion Capital Group. Raymond James downgraded Howard Bancorp Inc (NASDAQ:HBMD) on Friday, October 20 to “Outperform” rating. The firm has “Neutral” rating given on Monday, November 23 by Merion Capital. As per Friday, August 18, the company rating was upgraded by Stephens. The firm has “Outperform” rating by Raymond James given on Thursday, August 10.

Investors sentiment decreased to 2.33 in 2017 Q2. Its down 28.67, from 31 in 2017Q1. It is negative, as 4 investors sold HBMD shares while 8 reduced holdings. 17 funds opened positions while 11 raised stakes. 6.16 million shares or 44.81% less from 11.17 million shares in 2017Q1 were reported. Fifth Third Bankshares invested in 0% or 1,000 shares. Strs Ohio reported 0% in Howard Bancorp Inc (NASDAQ:HBMD). 101,078 are held by Vanguard Inc. Rmb Cap Llc stated it has 120,499 shares. Nationwide Fund reported 0% of its portfolio in Howard Bancorp Inc (NASDAQ:HBMD). California State Teachers Retirement Sys reported 15,600 shares stake. Guggenheim Capital Ltd Co holds 0% or 23,744 shares. The Massachusetts-based Geode Capital Mgmt Ltd Co has invested 0% in Howard Bancorp Inc (NASDAQ:HBMD). Maltese Cap Management Llc reported 174,301 shares. Citigroup reported 366 shares. Hightower Advsr Limited Liability Co stated it has 0.01% of its portfolio in Howard Bancorp Inc (NASDAQ:HBMD). Wells Fargo Mn has 0% invested in Howard Bancorp Inc (NASDAQ:HBMD) for 4,394 shares. Alliancebernstein L P, a New York-based fund reported 162,734 shares. 24,594 were accumulated by Retail Bank Of Mellon Corp. United Kingdom-based Barclays Public Limited Liability Company has invested 0% in Howard Bancorp Inc (NASDAQ:HBMD).

More notable recent Howard Bancorp Inc (NASDAQ:HBMD) news were published by: Baltimoresun.com which released: “Howard Bancorp plans $30 million stock offering” on January 25, 2017, also Baltimoresun.com with their article: “Howard Bancorp reports $953000 profit in the fourth quarter” published on January 20, 2017, Baltimoresun.com published: “Howard Bancorp to acquire 1st Mariner Bank” on August 15, 2017. More interesting news about Howard Bancorp Inc (NASDAQ:HBMD) were released by: Baltimoresun.com and their article: “Howard Bancorp raises $36 million in oversubscribed stock offering” published on January 27, 2017 as well as Businesswire.com‘s news article titled: “Howard Bancorp, Inc. Announces Third Quarter 2017 Results” with publication date: October 19, 2017.

Endeavour Capital Advisors Inc, which manages about $972.14M and $224.84M US Long portfolio, upped its stake in First Midwest Bancorp Del (NASDAQ:FMBI) by 285,345 shares to 715,658 shares, valued at $16.68M in 2017Q2, according to the filing. It also increased its holding in Connectone Bancorp Inc New (NASDAQ:CNOB) by 72,465 shares in the quarter, for a total of 736,538 shares, and has risen its stake in Midland Sts Bancorp Inc Ill.

Among 39 analysts covering Visa Inc. (NYSE:V), 32 have Buy rating, 0 Sell and 7 Hold. Therefore 82% are positive. Visa Inc. had 92 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, October 13 by Piper Jaffray. The stock has “Buy” rating by Bank of America on Thursday, December 15. The rating was maintained by FBR Capital on Friday, July 24 with “Mkt Perform”. The company was maintained on Friday, July 21 by Cowen & Co. The firm has “Buy” rating given on Thursday, September 28 by Cantor Fitzgerald. The stock of Visa Inc (NYSE:V) earned “Buy” rating by Cowen & Co on Friday, July 14. The firm has “Buy” rating given on Wednesday, August 23 by KeyBanc Capital Markets. The rating was maintained by Stifel Nicolaus on Tuesday, October 25 with “Buy”. Nomura maintained it with “Buy” rating and $126 target in Thursday, October 26 report. The firm has “Buy” rating by Loop Capital given on Thursday, October 26.

Trust Company Of Virginia, which manages about $661.59M US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLK) by 6,894 shares to 88,696 shares, valued at $4.85 million in 2017Q2, according to the filing. It also reduced its holding in Ishares Tr by 13,400 shares in the quarter, leaving it with 28,350 shares, and cut its stake in Oracle Corp (NYSE:ORCL).

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It is positive, as 44 investors sold V shares while 564 reduced holdings. 123 funds opened positions while 564 raised stakes. 1.66 billion shares or 1.28% less from 1.68 billion shares in 2017Q1 were reported. 853,348 were accumulated by Davenport Company Ltd Company. Torch Wealth Mgmt Limited Co reported 1.83% stake. Parametric Associates Ltd Limited Liability Company holds 0.59% or 5.14 million shares. Vantage Inv Advisors Limited Liability Corp holds 2.82% of its portfolio in Visa Inc (NYSE:V) for 104,233 shares. Archon Ptnrs Ltd Liability Corp reported 101,560 shares stake. Brown Advisory Incorporated holds 11.19 million shares. Hs Management Prns Ltd Liability Co holds 757,715 shares. Segment Wealth Mngmt Lc owns 0.79% invested in Visa Inc (NYSE:V) for 30,610 shares. Westfield Capital Management Ltd Partnership has 1.73M shares. American Century Companies Inc invested in 10.97 million shares or 1.06% of the stock. Panagora Asset Mngmt Inc accumulated 708,031 shares or 0.27% of the stock. Southeast Asset Advisors, a Georgia-based fund reported 2,800 shares. Comerica Secs accumulated 18,509 shares. Voya Invest Mngmt Ltd Limited Liability Company has invested 0.18% in Visa Inc (NYSE:V). 400,000 are owned by Par Capital Mngmt.

More notable recent Visa Inc (NYSE:V) news were published by: Finance.Yahoo.com which released: “Visa Inc Leads 6 Dividend Stocks Boosting Payouts” on October 23, 2017, also Fool.com with their article: “Visa’s 18% dividend increase” published on October 24, 2017, Seekingalpha.com published: “Visa: Everywhere We Want To Be” on November 06, 2017. More interesting news about Visa Inc (NYSE:V) were released by: Seekingalpha.com and their article: “Visa And Its New Highs” published on November 13, 2017 as well as Investorplace.com‘s news article titled: “How Mastercard Inc Stacks Up Against Visa Inc Post Earnings” with publication date: November 10, 2017.

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