Park National Has Increased Visa Class A (V) Holding by $4.21 Million as Stock Value Declined; Home Bancshares (HOMB) Holder Hodges Capital Management Has Cut Holding as Market Value Declined

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Hodges Capital Management Inc decreased its stake in Home Bancshares Inc (HOMB) by 30.35% based on its latest 2018Q3 regulatory filing with the SEC. Hodges Capital Management Inc sold 30,500 shares as the company’s stock declined 25.33% with the market. The institutional investor held 70,000 shares of the finance company at the end of 2018Q3, valued at $1.53 million, down from 100,500 at the end of the previous reported quarter. Hodges Capital Management Inc who had been investing in Home Bancshares Inc for a number of months, seems to be less bullish one the $3.32 billion market cap company. The stock decreased 0.10% or $0.02 during the last trading session, reaching $19.45. About 259,176 shares traded. Home Bancshares, Inc. (NASDAQ:HOMB) has declined 23.16% since February 13, 2018 and is downtrending. It has underperformed by 23.16% the S&P500.

Park National Corp increased its stake in Visa Inc Class A (V) by 35.49% based on its latest 2018Q3 regulatory filing with the SEC. Park National Corp bought 28,072 shares as the company’s stock declined 4.30% with the market. The institutional investor held 107,177 shares of the business services company at the end of 2018Q3, valued at $16.09 million, up from 79,105 at the end of the previous reported quarter. Park National Corp who had been investing in Visa Inc Class A for a number of months, seems to be bullish on the $315.32 billion market cap company. The stock increased 1.08% or $1.53 during the last trading session, reaching $143.52. About 3.49 million shares traded. Visa Inc. (NYSE:V) has risen 23.77% since February 13, 2018 and is uptrending. It has outperformed by 23.77% the S&P500.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.05, from 1.02 in 2018Q2. It turned negative, 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. Crow Point Prtn Limited Liability accumulated 8% or 310,000 shares. Pineno Levin & Ford Asset holds 1.12% of its portfolio in Visa Inc. (NYSE:V) for 18,549 shares. Alta Capital Mngmt Ltd Company, a Utah-based fund reported 273,790 shares. Braun Stacey Assoc, New York-based fund reported 17,250 shares. Benjamin F Edwards & Incorporated accumulated 18,055 shares or 0.25% of the stock. Omers Administration owns 1.24M shares. Cambridge Advisors accumulated 6,177 shares or 0.31% of the stock. Rampart Inv Mgmt Communications Limited Liability Corporation reported 1.3% in Visa Inc. (NYSE:V). 45,250 are held by Ca. Intact Inv has 9,200 shares for 0.05% of their portfolio. 3.12M were reported by California State Teachers Retirement Sys. Virtu Financial Limited Liability Company owns 18,265 shares. Godsey & Gibb Assoc reported 123,049 shares stake. The Nebraska-based Cls Limited Liability Co has invested 0.09% in Visa Inc. (NYSE:V). South Street Advisors Ltd Liability reported 2.76% of its portfolio in Visa Inc. (NYSE:V).

Since November 2, 2018, it had 0 insider purchases, and 5 insider sales for $28.04 million activity. Another trade for 2,252 shares valued at $325,541 was made by HOFFMEISTER JAMES H on Monday, December 3. Shares for $13.88M were sold by Sheedy William M..

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 Tuesday, August 22 the stock rating was maintained by Robert W. Baird with “Buy”. On Friday, July 21 the stock rating was maintained by UBS with “Buy”. The rating was initiated by Sterne Agee CRT on Thursday, December 17 with “Buy”. UBS reinitiated the shares of V in report on Friday, May 18 with “Neutral” rating. As per Monday, June 6, the company rating was upgraded by JP Morgan. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, October 26. On Thursday, July 26 the stock rating was maintained by KeyBanc Capital Markets with “Overweight”. Bank of America downgraded Visa Inc. (NYSE:V) on Thursday, February 11 to “Neutral” rating. The stock has “Buy” rating by Piper Jaffray on Thursday, January 18. UBS initiated Visa Inc. (NYSE:V) rating on Wednesday, December 16. UBS has “Buy” rating and $90 target.

More important recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa Q1 2019 Earnings Preview – Seeking Alpha” on January 29, 2019, also Seekingalpha.com published article titled: “Don’t Think Too Hard: Buy Visa – Seeking Alpha”, Seekingalpha.com published: “Visa: A Decade Of Dominance – Seeking Alpha” on January 23, 2019. More interesting news about Visa Inc. (NYSE:V) was released by: Investorplace.com and their article: “Visa Earnings: V Stock Surges on Q4 EPS Beat – Investorplace.com” with publication date: January 30, 2019.

Park National Corp, which manages about $1.82B US Long portfolio, decreased its stake in At&T Inc (NYSE:T) by 26,847 shares to 329,870 shares, valued at $11.08M in 2018Q3, according to the filing. It also reduced its holding in Procter & Gamble Company (NYSE:PG) by 31,661 shares in the quarter, leaving it with 402,483 shares, and cut its stake in Us Bancorp (De) (NYSE:USB).

Since August 24, 2018, it had 4 insider purchases, and 1 insider sale for $148,338 activity. French Tracy bought $48,118 worth of stock. Rankin Jim also bought $17,547 worth of Home Bancshares, Inc. (NASDAQ:Conway, AR) on Monday, September 24. LIEBLONG ALEX R bought $111,450 worth of Home Bancshares, Inc. (NASDAQ:Conway, AR) on Tuesday, October 23. FLOYD JENNIFER C. sold $47,767 worth of stock.

Among 13 analysts covering Home Bancshares Inc. (NASDAQ:HOMB), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Home Bancshares Inc. had 43 analyst reports since July 20, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, January 4 by Sandler O’Neill. As per Thursday, July 20, the company rating was maintained by Keefe Bruyette & Woods. The stock of Home Bancshares, Inc. (NASDAQ:Conway, AR) earned “Outperform” rating by Wood on Monday, May 15. On Friday, September 1 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. On Thursday, October 19 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Merion Capital downgraded Home Bancshares, Inc. (NASDAQ:Conway, AR) on Friday, November 11 to “Neutral” rating. The firm has “Mkt Perform” rating by Keefe Bruyette & Woods given on Thursday, November 10. The stock has “Buy” rating by Wood on Thursday, August 27. The rating was reinitiated by PiperJaffray on Thursday, October 5 with “Neutral”. The firm has “Buy” rating given on Friday, April 20 by Sandler O’Neill.

Investors sentiment decreased to 1.06 in 2018 Q3. Its down 0.02, from 1.08 in 2018Q2. It turned negative, as 17 investors sold HOMB shares while 67 reduced holdings. 22 funds opened positions while 67 raised stakes. 108.75 million shares or 0.47% more from 108.24 million shares in 2018Q2 were reported. 195,600 are owned by Strs Ohio. Voya Investment Ltd invested in 1.87 million shares or 0.08% of the stock. Regions Finance Corp holds 0.01% or 33,200 shares in its portfolio. State Treasurer State Of Michigan owns 0.01% invested in Home Bancshares, Inc. (NASDAQ:Conway, AR) for 59,400 shares. State Of Tennessee Treasury Department invested in 0.01% or 140,000 shares. Numerixs Incorporated stated it has 2,100 shares or 0.01% of all its holdings. Westwood Hldgs Inc has 0.27% invested in Home Bancshares, Inc. (NASDAQ:Conway, AR) for 1.41M shares. Aqr Cap Mgmt Lc owns 55,442 shares. King Luther Mgmt has invested 0.12% in Home Bancshares, Inc. (NASDAQ:Conway, AR). Geode Capital Mgmt Limited Co reported 0.01% in Home Bancshares, Inc. (NASDAQ:Conway, AR). 2,975 were accumulated by Bessemer Gp Inc Inc. Citadel Advisors Limited Liability Corporation reported 0% stake. Qs Llc has 0.01% invested in Home Bancshares, Inc. (NASDAQ:Conway, AR). 37,706 are held by Suffolk Mngmt Llc. Parametric Port Assoc Ltd Liability owns 258,424 shares or 0% of their US portfolio.

Visa Inc. (NYSE:V) Institutional Positions Chart