Beach Point Capital Management LP Increased Its Visa (V) Holding by $750,000 as Share Price Declined; Columbia Banking System (COLB) Holder Neumeier Poma Investment Counsel Trimmed Position by $9.62 Million

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Beach Point Capital Management Lp increased its stake in Visa Inc (V) by 3.48% based on its latest 2018Q3 regulatory filing with the SEC. Beach Point Capital Management Lp bought 5,000 shares as the company’s stock declined 4.30% with the market. The hedge fund held 148,730 shares of the business services company at the end of 2018Q3, valued at $22.32 million, up from 143,730 at the end of the previous reported quarter. Beach Point Capital Management Lp who had been investing in Visa Inc for a number of months, seems to be bullish on the $309.03 billion market cap company. The stock increased 0.20% or $0.28 during the last trading session, reaching $140.66. About 3.97 million shares traded. Visa Inc. (NYSE:V) has risen 23.77% since February 11, 2018 and is uptrending. It has outperformed by 23.77% the S&P500. Some Historical V News: 19/04/2018 – Hainan Will Now Offer a 30-Day Visa-free Travel Entry for 59 Nations; 30/04/2018 – MFS Core Equity Fund Adds Mastercard, Exits Visa; 18/04/2018 – MODI AND MAY SAID INDIA AND UK WILL CONTINUE TO DISCUSS VISA ISSUES AND WORK PERMITS IN UK FOR INDIAN NATIONALS – INDIA FOREIGN SECRETARY; 19/04/2018 – New Mexico AG: AG Balderas Announces Settlement with Visa & MasterCard Over Excessive Credit & Debit Card Fees – April 19, 2018; 25/04/2018 – VISA INC QTRLY TOTAL PROCESSED TRANSACTIONS, REPRESENTING TRANSACTIONS PROCESSED BY VISA, WERE 29.3 BILLION, A 12% INCREASE OVER THE PRIOR YEAR; 15/05/2018 – TEMASEK HOLDINGS (PRIVATE) LTD – CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH PREVIOUS QUARTER ENDED AS OF DEC 31, 2017; 15/05/2018 – IKEA U.S. launches the IKEA Visa Credit Card making shopping more accessible and affordable for the many; 09/04/2018 – CHILE TO CREATE VISA FROM STUDENTS FROM TOP UNIVERSITIES; 05/05/2018 – Buffett: Should Have Bought More Mastercard, Visa — Berkshire Hathaway Annual Meeting; 15/05/2018 – SAP Launches SAP® SuccessFactors® Visa and Permits Management Solution

Neumeier Poma Investment Counsel Llc decreased its stake in Columbia Banking System Inc. (COLB) by 29.46% based on its latest 2018Q3 regulatory filing with the SEC. Neumeier Poma Investment Counsel Llc sold 253,110 shares as the company’s stock declined 8.95% with the market. The institutional investor held 606,125 shares of the finance company at the end of 2018Q3, valued at $23.50 million, down from 859,235 at the end of the previous reported quarter. Neumeier Poma Investment Counsel Llc who had been investing in Columbia Banking System Inc. for a number of months, seems to be less bullish one the $2.69B market cap company. The stock increased 0.84% or $0.31 during the last trading session, reaching $36.65. About 117,921 shares traded. Columbia Banking System, Inc. (NASDAQ:COLB) has declined 17.01% since February 11, 2018 and is downtrending. It has underperformed by 17.01% the S&P500. Some Historical COLB News: 26/04/2018 – COLUMBIA BANKING SYSTEM INC COLB.O INCREASES QUARTERLY DIVIDEND BY 18 PCT; 04/05/2018 – Columbia Bank Promotes Brock Lakely To Chief Accounting Officer; 15/03/2018 Columbia Banking Closes Above 50-Day Moving Average: Technicals; 19/04/2018 – Columbia Bank’s Second Annual Melanie Dressel Community Commitment Event Launches April 23; 26/04/2018 – Columbia Banking System Total Assets at March 31 Were $12.53 Billion; 26/04/2018 – Columbia Banking System Raises Quarter Dividend to 26c; 26/04/2018 – Columbia Banking System 1Q Net $40M; 19/04/2018 – DJ Columbia Banking System Inc, Inst Holders, 1Q 2018 (COLB); 16/04/2018 – Columbia Bank Announces Promotion of Four Executive Vice Presidents; 10/04/2018 – Columbia Banking Closes Above 200-Day Moving Average

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.05, from 1.02 in 2018Q2. It fall, as 33 investors sold V shares while 655 reduced holdings. 135 funds opened positions while 529 raised stakes. 1.54 billion shares or 0.85% less from 1.56 billion shares in 2018Q2 were reported. Lumbard And Kellner Limited Liability Corp holds 0.23% or 2,945 shares. Daiwa Gru owns 132,951 shares. Moreover, Telemus Limited Liability Corporation has 0.64% invested in Visa Inc. (NYSE:V). Lifeplan Financial Inc has 0% invested in Visa Inc. (NYSE:V) for 43 shares. Tower Bridge Advsrs holds 158,342 shares. Foster Dykema Cabot And Com Ma reported 90,980 shares stake. Capital Ca accumulated 72,917 shares or 1.43% of the stock. 304,162 were reported by Bb&T Secs Lc. Eagle Ridge Inv holds 1.94% of its portfolio in Visa Inc. (NYSE:V) for 89,502 shares. Middleton And Ma has 2.85% invested in Visa Inc. (NYSE:V) for 121,813 shares. 241,643 are owned by Regions Fin. Friess Assocs Ltd Company stated it has 1.62% in Visa Inc. (NYSE:V). Litman Gregory Asset Mngmt Ltd Llc has 75 shares. Hanson Mcclain has 1,676 shares for 0.01% of their portfolio. Brinker Cap accumulated 124,835 shares or 0.68% of the stock.

More notable recent Visa Inc. (NYSE:V) news were published by: Fool.com which released: “Square Loses Its Second Major Leader in 3 Months – Motley Fool” on January 15, 2019, also Fool.com with their article: “The Most Important Number From Discover’s 4th Quarter – The Motley Fool” published on February 10, 2019, Seekingalpha.com published: “Don’t Think Too Hard: Buy Visa – Seeking Alpha” on February 07, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “Visa: A Decade Of Dominance – Seeking Alpha” published on January 23, 2019 as well as Seekingalpha.com‘s news article titled: “Visa slips as concerns about Q2 trends emerge – Seeking Alpha” with publication date: January 31, 2019.

Among 44 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 9 Hold. Therefore 80% are positive. Visa Inc. had 145 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, February 2 the stock rating was maintained by Nomura with “Buy”. Instinet maintained the shares of V in report on Friday, July 21 with “Buy” rating. Oppenheimer maintained the shares of V in report on Monday, July 17 with “Buy” rating. On Tuesday, December 8 the stock rating was maintained by Keefe Bruyette & Woods with “Outperform”. As per Friday, July 14, the company rating was maintained by Cowen & Co. On Wednesday, January 24 the stock rating was downgraded by DZ Bank to “Hold”. The firm has “Neutral” rating given on Friday, April 15 by Compass Point. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, June 8. The firm has “Buy” rating given on Tuesday, January 9 by Stephens. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Bank of America on Monday, August 13.

Since November 2, 2018, it had 0 insider buys, and 4 insider sales for $16.70 million activity. The insider Sheedy William M. sold $13.88M.

Beach Point Capital Management Lp, which manages about $8.09 billion and $451.53 million US Long portfolio, decreased its stake in Micron Technology Inc (NASDAQ:MU) by 167,000 shares to 200,300 shares, valued at $9.06M in 2018Q3, according to the filing. It also reduced its holding in Aar Corp (NYSE:AIR) by 75,725 shares in the quarter, leaving it with 309,135 shares, and cut its stake in Nexstar Media Group Inc (NASDAQ:NXST).

More notable recent Columbia Banking System, Inc. (NASDAQ:COLB) news were published by: Seekingalpha.com which released: “Columbia Banking System, Inc. (COLB) CEO Hadley Robbins on Q2 2018 Results – Earnings Call Transcript – Seeking Alpha” on July 28, 2018, also Seekingalpha.com with their article: “Columbia Banking System, Inc. (COLB) CEO Hadley Robbins on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on January 24, 2019, Seekingalpha.com published: “It’s A Bank-Eat-Bank World – Seeking Alpha” on January 17, 2017. More interesting news about Columbia Banking System, Inc. (NASDAQ:COLB) were released by: Nasdaq.com and their article: “5 Bank Stocks to Bet On Despite Fewer Rate Hikes in 2019 – Nasdaq” published on December 20, 2018 as well as Seekingalpha.com‘s news article titled: “20 Upcoming Dividend Increases Including Boeing – Seeking Alpha” with publication date: January 31, 2019.

Neumeier Poma Investment Counsel Llc, which manages about $475.08M and $1.21B US Long portfolio, upped its stake in Lgi Homes Inc. (NASDAQ:LGIH) by 140,870 shares to 356,600 shares, valued at $16.92 million in 2018Q3, according to the filing. It also increased its holding in Lakeland Financial Corp. (NASDAQ:LKFN) by 20,900 shares in the quarter, for a total of 345,393 shares, and has risen its stake in Steven Madden Ltd. (NASDAQ:SHOO).

Investors sentiment decreased to 0.93 in 2018 Q3. Its down 0.37, from 1.3 in 2018Q2. It dropped, as 10 investors sold COLB shares while 71 reduced holdings. 19 funds opened positions while 56 raised stakes. 63.05 million shares or 2.65% less from 64.76 million shares in 2018Q2 were reported. Natixis, a France-based fund reported 5,247 shares. Moreover, Wedge Cap L LP Nc has 0.09% invested in Columbia Banking System, Inc. (NASDAQ:COLB). Menta Cap Limited Liability holds 0.2% or 14,450 shares in its portfolio. Art Advisors Ltd Liability Com holds 5,586 shares. The New York-based Amer Intll Gru has invested 0.01% in Columbia Banking System, Inc. (NASDAQ:COLB). Ls Advsrs Ltd Liability Corp accumulated 2,047 shares. Amg National Savings Bank, a Colorado-based fund reported 30,600 shares. Eaton Vance invested 0.03% in Columbia Banking System, Inc. (NASDAQ:COLB). Pennsylvania-based Smithfield Co has invested 0% in Columbia Banking System, Inc. (NASDAQ:COLB). New York State Teachers Retirement Systems owns 130,752 shares. Bnp Paribas Asset Hldg holds 244,003 shares. Stevens Cap Limited Partnership stated it has 0.02% of its portfolio in Columbia Banking System, Inc. (NASDAQ:COLB). Parkside Bancorp & Tru invested in 0.01% or 648 shares. D E Shaw And Incorporated reported 0% of its portfolio in Columbia Banking System, Inc. (NASDAQ:COLB). Citadel Advisors Ltd accumulated 54,557 shares.

Visa Inc. (NYSE:V) Institutional Positions Chart