As Visa (V) Stock Price Rose, Mycio Wealth Partners Has Decreased by $603,120 Its Holding; As Rite Aid (RAD) Share Value Declined, Shareholder Greenlight Capital Has Trimmed Its Holding by $1.50 Million

February 19, 2018 - By Migdalia James

Mycio Wealth Partners Llc decreased its stake in Visa Inc (V) by 57.83% based on its latest 2017Q3 regulatory filing with the SEC. Mycio Wealth Partners Llc sold 5,744 shares as the company’s stock rose 5.74% with the market. The institutional investor held 4,189 shares of the business services company at the end of 2017Q3, valued at $441,000, down from 9,933 at the end of the previous reported quarter. Mycio Wealth Partners Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $275.00B 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 19, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

David Einhorn decreased its stake in Rite Aid Corp (RAD) by 8.94% based on its latest 2017Q3 regulatory filing with the SEC. Greenlight Capital Inc sold 1.50 million shares as the company’s stock declined 41.75% while stock markets rallied. The hedge fund run by David Einhorn held 15.28M shares of the medical and nursing services company at the end of 2017Q3, valued at $29.95M, down from 16.78M at the end of the previous reported quarter. Greenlight Capital Inc who had been investing in Rite Aid Corp for a number of months, seems to be less bullish one the $2.23B market cap company. The stock increased 2.40% or $0.05 during the last trading session, reaching $2.13. About 9.44 million shares traded. Rite Aid Corporation (NYSE:RAD) has declined 55.18% since February 19, 2017 and is downtrending. It has underperformed by 71.88% the S&P500.

Since December 13, 2017, it had 0 insider buys, and 3 insider sales for $6.56 million activity. Biggar Lynne had sold 1,712 shares worth $205,440 on Wednesday, February 14. Another trade for 49,702 shares valued at $5.65M was sold by MAHON TULLIER KELLY.

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. The rating was maintained by RBC Capital Markets on Thursday, June 22 with “Buy”. Loop Capital initiated the stock with “Buy” rating in Wednesday, February 15 report. The stock has “Hold” rating by Vetr on Tuesday, September 1. The stock has “Outperform” rating by Robert W. Baird on Monday, October 2. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Robert W. Baird on Monday, September 25. The company was maintained on Wednesday, October 11 by Mizuho. Barclays Capital maintained it with “Overweight” rating and $123 target in Wednesday, October 18 report. The firm has “Outperform” rating given on Thursday, October 22 by Wells Fargo. The firm earned “Outperform” rating on Tuesday, November 3 by RBC Capital Markets. The rating was maintained by Barclays Capital on Monday, May 16 with “Overweight”.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It worsened, 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. 30,354 were reported by Archford Capital Strategies Ltd Com. Ruane Cunniff Goldfarb invested in 2.67% or 2.90M shares. Comgest Invsts Sas reported 3.31% in Visa Inc. (NYSE:V). Hikari Tsushin Inc has 3.14% invested in Visa Inc. (NYSE:V) for 101,598 shares. Fincl Bank Of Nova Scotia holds 0.24% in Visa Inc. (NYSE:V) or 383,561 shares. Moreover, Aviance Cap Mngmt Limited Liability Company has 0.05% invested in Visa Inc. (NYSE:V). Farmers Trust reported 56,755 shares. Ssi Inv Management Inc holds 0.04% of its portfolio in Visa Inc. (NYSE:V) for 4,502 shares. Markel stated it has 1.92% of its portfolio in Visa Inc. (NYSE:V). Freestone Holdings accumulated 10,194 shares or 0.08% of the stock. Rocky Mountain Advisers Lc owns 28 shares or 0.01% of their US portfolio. Fmr Ltd owns 86.36M shares. Scharf Invests Lc has 0.59% invested in Visa Inc. (NYSE:V). Robecosam Ag owns 0.07% invested in Visa Inc. (NYSE:V) for 8,117 shares. Insight Rech & owns 1.46% invested in Visa Inc. (NYSE:V) for 24,584 shares.

Mycio Wealth Partners Llc, which manages about $6.46 billion and $882.65M US Long portfolio, upped its stake in Duke Energy Corp New (NYSE:DUK) by 13,345 shares to 23,682 shares, valued at $1.99 million in 2017Q3, according to the filing. It also increased its holding in Ppl Corp (NYSE:PPL) by 117,444 shares in the quarter, for a total of 249,994 shares, and has risen its stake in Chubb Limited.

Investors sentiment increased to 0.97 in 2017 Q3. Its up 0.19, from 0.78 in 2017Q2. It increased, as 57 investors sold RAD shares while 77 reduced holdings. 43 funds opened positions while 87 raised stakes. 513.41 million shares or 4.79% less from 539.25 million shares in 2017Q2 were reported. 300,000 are owned by Nj State Employees Deferred Compensation Plan. Webster Natl Bank N A owns 40,000 shares. Qs Investors Ltd Liability Co holds 60,793 shares or 0% of its portfolio. Exane Derivatives has invested 0% in Rite Aid Corporation (NYSE:RAD). 1,619 were accumulated by Tower Limited Com (Trc). Greenlight Capital Inc invested in 15.28 million shares or 0.51% of the stock. 53,838 are held by Metropolitan Life. Hilton Cap Ltd Liability Corp reported 0.03% in Rite Aid Corporation (NYSE:RAD). Credit Suisse Ag reported 708,881 shares or 0% of all its holdings. Connor Clark & Lunn Inv Management Limited stated it has 0% of its portfolio in Rite Aid Corporation (NYSE:RAD). Legal And General Gru Incorporated Public Ltd Com owns 1.66M shares for 0% of their portfolio. Cim Invest Mangement reported 0.07% stake. Peak6 Invests Ltd Partnership holds 0% or 68,813 shares. Edge Wealth Mngmt Limited Liability, New York-based fund reported 1,500 shares. 2,300 were accumulated by Huntington Bankshares.

Since October 3, 2017, it had 0 insider purchases, and 1 insider sale for $58,915 activity.

Among 14 analysts covering Rite Aid (NYSE:RAD), 2 have Buy rating, 2 Sell and 10 Hold. Therefore 14% are positive. Rite Aid had 24 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Vetr on Wednesday, August 19 to “Buy”. The firm earned “Buy” rating on Friday, August 14 by Vetr. On Friday, June 30 the stock rating was reinitiated by Evercore with “Underperform”. The rating was downgraded by Mizuho on Thursday, July 20 to “Neutral”. The firm earned “Hold” rating on Monday, September 11 by Loop Capital Markets. Mizuho maintained Rite Aid Corporation (NYSE:RAD) on Thursday, September 17 with “Buy” rating. Deutsche Bank downgraded the stock to “Hold” rating in Friday, April 8 report. The rating was downgraded by Goldman Sachs on Thursday, October 29 to “Neutral”. The firm earned “Neutral” rating on Thursday, October 29 by Credit Suisse. The firm has “Hold” rating given on Friday, September 29 by Loop Capital.

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