Cray (CRAY) Shareholder Horrell Capital Management Decreased Position by $1.44 Million; Visa Com Cl A (V) Holder Orrstown Financial Services Has Cut Its Holding by $330,525

May 18, 2018 - By David Stenberg

Visa Inc. (NYSE:V) Logo

Orrstown Financial Services Inc decreased its stake in Visa Inc Com Cl A (V) by 16.63% based on its latest 2017Q4 regulatory filing with the SEC. Orrstown Financial Services Inc sold 2,925 shares as the company’s stock rose 4.18% while stock markets declined. The institutional investor held 14,668 shares of the business services company at the end of 2017Q4, valued at $1.67 million, down from 17,593 at the end of the previous reported quarter. Orrstown Financial Services Inc who had been investing in Visa Inc Com Cl A for a number of months, seems to be less bullish one the $291.02B market cap company. The stock decreased 0.57% or $0.75 during the last trading session, reaching $129.93. About 4.91 million shares traded. Visa Inc. (NYSE:V) has risen 31.98% since May 18, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

Horrell Capital Management Inc decreased its stake in Cray Inc (CRAY) by 60% based on its latest 2017Q4 regulatory filing with the SEC. Horrell Capital Management Inc sold 60,000 shares as the company’s stock declined 17.14% with the market. The institutional investor held 40,000 shares of the computer manufacturing company at the end of 2017Q4, valued at $968,000, down from 100,000 at the end of the previous reported quarter. Horrell Capital Management Inc who had been investing in Cray Inc for a number of months, seems to be less bullish one the $1.09B market cap company. The stock decreased 1.11% or $0.3 during the last trading session, reaching $26.8. About 294,644 shares traded. Cray Inc. (NASDAQ:CRAY) has declined 5.36% since May 18, 2017 and is downtrending. It has underperformed by 16.91% the S&P500.

Horrell Capital Management Inc, which manages about $297.04 million and $191.20 million US Long portfolio, upped its stake in Ericsson Lm Tel (NASDAQ:ERIC) by 100,000 shares to 450,000 shares, valued at $3.01M in 2017Q4, according to the filing.

Investors sentiment decreased to 1.44 in Q4 2017. Its down 0.05, from 1.49 in 2017Q3. It dropped, as 9 investors sold CRAY shares while 41 reduced holdings. 27 funds opened positions while 45 raised stakes. 38.58 million shares or 0.09% less from 38.61 million shares in 2017Q3 were reported. 167,230 are held by Alliancebernstein Ltd Partnership. Nj State Employees Deferred Compensation Plan invested 0.14% in Cray Inc. (NASDAQ:CRAY). Horrell Capital Mngmt reported 0.51% stake. Dimensional Fund Advisors LP holds 2.46M shares or 0.02% of its portfolio. Manufacturers Life Insur The holds 0% or 30,963 shares. 189,098 are held by Clearbridge Invs Ltd Liability Co. State Board Of Administration Of Florida Retirement System, a Florida-based fund reported 26,020 shares. State Street accumulated 997,988 shares. Envestnet Asset Mngmt stated it has 0% of its portfolio in Cray Inc. (NASDAQ:CRAY). Ameriprise Fin holds 0% or 266,190 shares in its portfolio. New Jersey Better Educational Savings Tru reported 0.25% in Cray Inc. (NASDAQ:CRAY). New York-based Laurion Capital Mngmt Ltd Partnership has invested 0% in Cray Inc. (NASDAQ:CRAY). Sei Investments owns 36,288 shares. Arizona State Retirement Systems holds 0.02% or 67,966 shares. Bnp Paribas Arbitrage invested in 20,898 shares or 0% of the stock.

Among 6 analysts covering Cray (NASDAQ:CRAY), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Cray had 17 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Cray Inc. (NASDAQ:CRAY) earned “Buy” rating by Sidoti on Tuesday, April 19. The stock of Cray Inc. (NASDAQ:CRAY) has “Buy” rating given on Friday, February 12 by Stifel Nicolaus. On Monday, August 28 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. On Friday, July 31 the stock rating was maintained by Needham with “Buy”. The stock has “Hold” rating by Needham on Wednesday, May 4. On Tuesday, November 21 the stock rating was upgraded by Craig Hallum to “Buy”. The rating was initiated by Sidoti with “Neutral” on Monday, March 7. The stock has “Buy” rating by Needham on Tuesday, November 8. The company was initiated on Tuesday, November 14 by Wells Fargo. The firm has “Buy” rating given on Thursday, January 18 by KeyBanc Capital Markets.

More important recent Cray Inc. (NASDAQ:CRAY) news were published by: Globenewswire.com which released: “Research Report Identifies Rockwell Medical, Peoples, Cutera, Barrett Business Services, Cray, and Hawkins with …” on May 01, 2018, also Nasdaq.com published article titled: “Cray to Announce First Quarter 2018 Financial Results on Tuesday, May 1 at 4:15 pm ET”, Streetinsider.com published: “After-Hours Stock Movers 05/01: (CRAY) (CYH) (AAPL) Higher; (SNAP) (YUMC) (GILD) Lower (more…)” on May 01, 2018. More interesting news about Cray Inc. (NASDAQ:CRAY) was released by: Globenewswire.com and their article: “Cray Inc. Reports First Quarter 2018 Financial Results” with publication date: May 01, 2018.

Analysts await Cray Inc. (NASDAQ:CRAY) to report earnings on July, 26. They expect $-0.34 EPS, down 70.00% or $0.14 from last year’s $-0.2 per share. After $-0.53 actual EPS reported by Cray Inc. for the previous quarter, Wall Street now forecasts -35.85% EPS growth.

Since February 21, 2018, it had 0 insider purchases, and 3 selling transactions for $2.30 million activity. UNGARO PETER J also sold $1.77 million worth of Cray Inc. (NASDAQ:CRAY) shares. Shares for $117,668 were sold by KIELY STEPHEN C.

Since December 13, 2017, it had 0 insider purchases, and 5 sales for $12.69 million activity. The insider Biggar Lynne sold 1,712 shares worth $205,440. $1.08 million worth of Visa Inc. (NYSE:V) was sold by HOFFMEISTER JAMES H. MCINERNEY RYAN sold $5.06 million worth of stock or 38,500 shares. MAHON TULLIER KELLY sold $5.65M worth of stock.

Investors sentiment increased to 1.05 in Q4 2017. Its up 0.05, from 1 in 2017Q3. It is positive, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Moreover, Montag & Caldwell Limited Liability Co has 4.46% invested in Visa Inc. (NYSE:V). Mitsubishi Ufj Trust invested in 4.15 million shares or 0.82% of the stock. Trb Advisors Lp stated it has 26.36% in Visa Inc. (NYSE:V). Osborne Ptnrs Capital Mgmt Lc accumulated 14,082 shares. Cookson Peirce &, Pennsylvania-based fund reported 2,490 shares. Cim Inv Mangement owns 18,240 shares. Dnb Asset Management As holds 1.52% or 1.11 million shares in its portfolio. Stockbridge Ltd Liability Corp has 7.99% invested in Visa Inc. (NYSE:V). Howland Capital Lc, a Massachusetts-based fund reported 312,201 shares. Horan Capital Mgmt has 5.22% invested in Visa Inc. (NYSE:V) for 230,507 shares. Laurion Capital Mgmt Lp owns 872,979 shares or 0.5% of their US portfolio. Wunderlich Cap Managemnt has 17,658 shares for 1.39% of their portfolio. Aldebaran Finance reported 4,274 shares or 0.32% of all its holdings. Cannell Peter B And invested in 0.12% or 31,319 shares. Vanguard Group Inc accumulated 129.19 million shares or 0.64% of the stock.

Among 43 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, October 26. The rating was upgraded by JP Morgan on Monday, June 6 to “Overweight”. The firm earned “Buy” rating on Wednesday, December 16 by UBS. The rating was maintained by Stephens with “Buy” on Tuesday, January 9. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Friday, February 2 by Nomura. PiperJaffray maintained the shares of V in report on Friday, February 2 with “Overweight” rating. The company was maintained on Monday, October 2 by Robert W. Baird. Susquehanna maintained it with “Buy” rating and $146.0 target in Monday, January 29 report. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 20. As per Thursday, October 22, the company rating was initiated by Wells Fargo.

Analysts await Visa Inc. (NYSE:V) to report earnings on July, 19. They expect $1.10 earnings per share, up 27.91% or $0.24 from last year’s $0.86 per share. V’s profit will be $2.46B for 29.53 P/E if the $1.10 EPS becomes a reality. After $1.11 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -0.90% negative EPS growth.

Visa Inc. (NYSE:V) Institutional Positions Chart

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