Stock Yards Bank & Trust Co Has Cut Stake in Visa (V) by $610,050 as Market Valuation Declined; Montag & Caldwell Increases Stake in Activision Blizzard (ATVI)

Activision Blizzard, Inc. (NASDAQ:ATVI) Logo

Stock Yards Bank & Trust Co decreased its stake in Visa Inc (V) by 2.51% based on its latest 2018Q3 regulatory filing with the SEC. Stock Yards Bank & Trust Co sold 4,067 shares as the company’s stock declined 4.30% with the market. The hedge fund held 157,643 shares of the business services company at the end of 2018Q3, valued at $23.66 million, down from 161,710 at the end of the previous reported quarter. Stock Yards Bank & Trust Co who had been investing in Visa Inc for a number of months, seems to be less bullish one the $315.26B market cap company. The stock increased 1.06% or $1.5 during the last trading session, reaching $143.49. About 6.89M shares traded. Visa Inc. (NYSE:V) has risen 23.77% since February 14, 2018 and is uptrending. It has outperformed by 23.77% the S&P500. Some Historical V News: 16/04/2018 – Visa Inc expected to post earnings of $1.02 a share – Earnings Preview; 23/04/2018 – DJ Visa Inc Class A, Inst Holders, 1Q 2018 (V); 25/04/2018 – VISA SEES YEAR ADJUSTED EPS GROWTH AT HIGH-20’S, SAW MID-20’S; 11/04/2018 – US Customs: CBP Officers Encounter Counterfeit Visa Immigration Violations at Hidalgo Port of Entry; 15/04/2018 – UK consumers cut spending as snow adds to inflation squeeze – Visa; 25/04/2018 – Visa 2Q Cross Border Volume Growth 11%; 09/05/2018 – Visa CEO Alfred Kelly to Meet With Female Executives Thursday to Discuss Concerns; 09/04/2018 – CHILE TO CREATE VISA FROM STUDENTS FROM TOP UNIVERSITIES; 09/04/2018 – CHILE TO DEMAND TOURIST VISA FROM HAITIANS ENTERING COUNTRY; 21/05/2018 – U.K. Visa for Roman Abramovich, Russian Billionaire, Is Delayed

Montag & Caldwell Llc increased its stake in Activision Blizzard Inc. (ATVI) by 90.97% based on its latest 2018Q3 regulatory filing with the SEC. Montag & Caldwell Llc bought 416,231 shares as the company’s stock declined 35.52% with the market. The institutional investor held 873,795 shares of the technology company at the end of 2018Q3, valued at $72.69 million, up from 457,564 at the end of the previous reported quarter. Montag & Caldwell Llc who had been investing in Activision Blizzard Inc. for a number of months, seems to be bullish on the $34.01 billion market cap company. The stock increased 6.96% or $2.9 during the last trading session, reaching $44.57. About 51.71M shares traded or 298.70% up from the average. Activision Blizzard, Inc. (NASDAQ:ATVI) has declined 22.23% since February 14, 2018 and is downtrending. It has underperformed by 22.23% the S&P500. Some Historical ATVI News: 23/04/2018 – DJ Activision Blizzard Inc, Inst Holders, 1Q 2018 (ATVI); 03/05/2018 – Activision Blizzard shares rise after reopening; 17/05/2018 – Activision Blizzard Announces Battle-royale Mode For Next Call Of Duty — MarketWatch; 15/03/2018 – Activision Blizzard: Marc Kolin Named VP, Finance & Strategy; 20/04/2018 – Call of Duty® World League, Presented by PlayStation®4, Makes Seattle Debut April 20-22; 30/04/2018 – Moody’s Lifts Activision Citing Benefits of Tax Overhaul — Market Talk; 03/05/2018 – Activision Blizzard Sees Yr Rev $7.36B; 03/05/2018 – Activision Blizzard Sees 2Q EPS 26c; 03/05/2018 – ACTIVISION BLIZZARD INC SEES CY 2018 REV $7,355 MLN; 15/03/2018 – Activision Blizzard Expands Esports Leadership Team

Since November 2, 2018, it had 0 buys, and 5 sales for $28.04 million activity. HOFFMEISTER JAMES H had sold 2,252 shares worth $325,541. $11.34 million worth of Visa Inc. (NYSE:V) shares were sold by RICHEY ELLEN.

Stock Yards Bank & Trust Co, which manages about $979.67M US Long portfolio, upped its stake in Ulta Beauty Inc (NASDAQ:ULTA) by 1,081 shares to 33,321 shares, valued at $9.40M in 2018Q3, according to the filing. It also increased its holding in Ishares (IVV) by 1,341 shares in the quarter, for a total of 28,033 shares, and has risen its stake in Costco Wholesale Corp (NASDAQ:COST).

Investors sentiment decreased to 0.97 in 2018 Q3. 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. Baxter Bros Inc reported 146,674 shares or 5.28% of all its holdings. Shaker Invs Ltd Company Oh reported 23,729 shares or 2.2% of all its holdings. Mark Asset Mngmt has invested 1.86% in Visa Inc. (NYSE:V). California-based Ashfield Prtnrs Limited Liability Co has invested 2.45% in Visa Inc. (NYSE:V). Badgley Phelps & Bell invested 1.66% in Visa Inc. (NYSE:V). Texas Permanent School Fund invested in 398,838 shares. Paradigm Asset Mgmt Lc holds 0% of its portfolio in Visa Inc. (NYSE:V) for 18,610 shares. Homrich Berg reported 16,984 shares. Mitsubishi Ufj Secs Com Limited has invested 0.8% in Visa Inc. (NYSE:V). Miura Global Management Lc has invested 8.85% in Visa Inc. (NYSE:V). Union Fincl Bank Corp reported 7,018 shares. Community And Inv has invested 3.94% in Visa Inc. (NYSE:V). Cap Intll Limited Ca has 2.12% invested in Visa Inc. (NYSE:V) for 45,250 shares. Botty Investors Limited Liability Corp owns 0.04% invested in Visa Inc. (NYSE:V) for 1,000 shares. Caisse De Depot Et Placement Du Quebec holds 41,492 shares.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Aurora Cannabis’ Second Quarter Financials Cause Serious Concern – Seeking Alpha” on February 13, 2019, also Seekingalpha.com with their article: “Visa Q1 2019 Earnings Preview – Seeking Alpha” published on January 29, 2019, Seekingalpha.com published: “3 Reasons To Buy Visa Stock Now – Seeking Alpha” on February 13, 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 Investorplace.com‘s news article titled: “5 Top Stock Trades for Friday: MSFT, FB, PYPL, V – Investorplace.com” 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. Susquehanna maintained the stock with “Buy” rating in Monday, January 29 report. Loop Capital initiated it with “Buy” rating and $98 target in Wednesday, February 15 report. Raymond James maintained Visa Inc. (NYSE:V) rating on Tuesday, July 24. Raymond James has “Outperform” rating and $165 target. PiperJaffray maintained it with “Overweight” rating and $164 target in Friday, February 2 report. Buckingham Research maintained Visa Inc. (NYSE:V) on Thursday, October 26 with “Buy” rating. The stock has “Buy” rating by KeyBanc Capital Markets on Wednesday, December 13. The firm has “Buy” rating by Nomura given on Thursday, October 26. The stock of Visa Inc. (NYSE:V) has “Outperform” rating given on Monday, October 1 by Wells Fargo. The firm has “Buy” rating by Wells Fargo given on Tuesday, January 9. The firm earned “Buy” rating on Thursday, February 1 by Keefe Bruyette & Woods.

More notable recent Activision Blizzard, Inc. (NASDAQ:ATVI) news were published by: Seekingalpha.com which released: “Activision Blizzard declares $0.37 dividend – Seeking Alpha” on February 12, 2019, also Benzinga.com with their article: “Activision Blizzard, Inc (NASDAQ:ATVI), BB&T Corporation (NYSE:BBT) – Flashing Green: Global Stocks Follow U.S. Market Higher, With Cisco Reporting Later – Benzinga” published on February 13, 2019, Nasdaq.com published: “Tuesday’s Vital Data: Aurora Cannabis, Activision and Disney – Nasdaq” on February 12, 2019. More interesting news about Activision Blizzard, Inc. (NASDAQ:ATVI) were released by: Nasdaq.com and their article: “Why Activision Blizzard Stock Plunged 26% in 2018 – Nasdaq” published on January 10, 2019 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for DXC, ATVI and WRCDF/WCAGY: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” with publication date: February 12, 2019.

Among 35 analysts covering Activision Blizzard (NASDAQ:ATVI), 24 have Buy rating, 0 Sell and 11 Hold. Therefore 69% are positive. Activision Blizzard has $100 highest and $29.51 lowest target. $62.04’s average target is 39.20% above currents $44.57 stock price. Activision Blizzard had 156 analyst reports since July 28, 2015 according to SRatingsIntel. Mizuho maintained it with “Buy” rating and $42 target in Wednesday, November 4 report. On Monday, November 2 the stock rating was downgraded by Bank of America to “Neutral”. The firm has “Buy” rating given on Friday, August 7 by Benchmark. The stock of Activision Blizzard, Inc. (NASDAQ:ATVI) has “Overweight” rating given on Friday, November 3 by Morgan Stanley. The firm has “Buy” rating given on Wednesday, August 5 by UBS. Credit Suisse maintained the stock with “Buy” rating in Friday, August 4 report. Barclays Capital maintained Activision Blizzard, Inc. (NASDAQ:ATVI) on Friday, August 5 with “Overweight” rating. The firm has “Buy” rating by Needham given on Wednesday, October 11. Pacific Crest maintained the shares of ATVI in report on Friday, August 7 with “Overweight” rating. The firm has “Hold” rating given on Friday, August 7 by Zacks.

Visa Inc. (NYSE:V) Institutional Positions Chart