Shareholder Uss Investment Management LTD Upped At&T (T) Stake; Jackson Wealth Management Has Increased Its Visa (V) Position by $365,449 as Stock Price Rose

June 24, 2018 - By William Brooks

AT&T Inc. (NYSE:T) Logo

Jackson Wealth Management Llc increased its stake in Visa Inc (V) by 7.19% based on its latest 2018Q1 regulatory filing with the SEC. Jackson Wealth Management Llc bought 3,071 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 45,783 shares of the business services company at the end of 2018Q1, valued at $5.49 million, up from 42,712 at the end of the previous reported quarter. Jackson Wealth Management Llc who had been investing in Visa Inc for a number of months, seems to be bullish on the $303.11 billion market cap company. The stock increased 0.59% or $0.8 during the last trading session, reaching $135.33. About 6.17 million shares traded. Visa Inc. (NYSE:V) has risen 38.13% since June 24, 2017 and is uptrending. It has outperformed by 25.56% the S&P500. Some Historical V News: 21/05/2018 – Crypto Company Launches App Aimed to Replace Visa Mastercard Payments; 24/05/2018 – Visa Invests in Latin American Mobile-Payments Firm YellowPepper; 06/03/2018 – EU,TURKEY MAKE PROGRESS ON VISA LIBERALIZATION, WELT REPORTS; 25/04/2018 – VISA SEES YEAR ADJUSTED EPS GROWTH AT HIGH-20’S, SAW MID-20’S; 14/05/2018 – ♫ Reuters Insider – UK Day Ahead: German GDP and ZEW; British labour data; Vodafone results; 25/04/2018 – VISA – EXCLUDING SPECIAL ITEM, QTRLY OPERATING EXPENSES GREW 18% OVER PRIOR YEAR, PRIMARILY DRIVEN BY PERSONNEL AND MARKETING EXPENSES; 01/04/2018 – SAUDI ARABIA TOURIST VISA REGULATION COMPLETE; 19/03/2018 – PRESS RELEASE VFS GLOBAL AWARDED CONTRACTS TO PROVIDE CANADIAN VISA APPLICATION CENTRE SERVICES IN 78 COUNTRIES; 20/04/2018 – AEROFLOT CONTACTS RUSSIAN MINISTRIES OVER U.S. VISA ISSUES: RIA; 16/04/2018 – U.K. Retailers Kick Off Appeal Against Visa, Mastercard Fees

Uss Investment Management Ltd increased its stake in At&T Inc (T) by 50.21% based on its latest 2018Q1 regulatory filing with the SEC. Uss Investment Management Ltd bought 92,800 shares as the company’s stock declined 13.21% with the market. The institutional investor held 277,609 shares of the telecommunications equipment company at the end of 2018Q1, valued at $9.07 million, up from 184,809 at the end of the previous reported quarter. Uss Investment Management Ltd who had been investing in At&T Inc for a number of months, seems to be bullish on the $232.16 billion market cap company. The stock increased 0.28% or $0.09 during the last trading session, reaching $31.69. About 63.90 million shares traded or 66.26% up from the average. AT&T Inc. (NYSE:T) has declined 14.96% since June 24, 2017 and is downtrending. It has underperformed by 27.53% the S&P500. Some Historical T News: 16/04/2018 – A SHAME AT&T, TELEFONICA NOT INVESTING IN MEXICO: SLIM; 15/03/2018 – TAIWAN’S PEGATRON SAYS 2017 NET PROFIT AT T$14.68 BLN; 15/03/2018 – TRIAL TO DETERMINE IF AT&T T.N PURCHASE OF TIME WARNER TWX.N IS LEGAL UNDER ANTITRUST LAW TO BE DELAYED TWO DAYS BECAUSE OF JUDGE’S SCHEDULE -SOURCE FAMILIAR; 15/03/2018 – MultichannelNews: Source: Start of U.S. v. AT&T-TW Case Delayed Until March 21; 11/05/2018 – US News: Exclusive: AT&T CEO Says Cohen Payments ‘Big Mistake,’ Chief Lobbyist Retiring; 08/05/2018 – AT&T at MoffettNathanson Media & Communications Summit May 15; 30/04/2018 – AT&T-Time Warner Deal at Crossroads as Judge Hears Final Pitches; 26/03/2018 – Intrigue Pre-Empts Planned Testimony At AT&T-DOJ Antitrust Trial; 03/04/2018 – Taco Bell Continues Value Push With Craveable New $1 Items; 21/03/2018 – RPT-Tiny Chilean regulator thrust into global lithium battle

Jackson Wealth Management Llc, which manages about $318.34 million and $358.02 million US Long portfolio, decreased its stake in Walmart Inc (NYSE:WMT) by 72,913 shares to 37,783 shares, valued at $3.30M in 2018Q1, according to the filing. It also reduced its holding in Ishares Tr (IWV) by 4,060 shares in the quarter, leaving it with 50,255 shares, and cut its stake in Johnson & Johnson (NYSE:JNJ).

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.17, from 1.05 in 2017Q4. It worsened, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Duncker Streett And Comm has 0.6% invested in Visa Inc. (NYSE:V) for 19,876 shares. Two Sigma Secs Lc owns 86,465 shares or 0.06% of their US portfolio. Jnba Fin invested in 0.05% or 4,855 shares. Soros Fund Mngmt Ltd Limited Liability Company holds 0.04% or 21,900 shares in its portfolio. Genesee Valley owns 1.29% invested in Visa Inc. (NYSE:V) for 25,871 shares. Leavell Investment has invested 0.98% in Visa Inc. (NYSE:V). Fairfield Bush & accumulated 0.07% or 2,000 shares. Kensico Mgmt Corporation stated it has 7.2% of its portfolio in Visa Inc. (NYSE:V). Vermont-based Prentiss Smith And Com has invested 0.25% in Visa Inc. (NYSE:V). Magellan Asset Mgmt Limited stated it has 7.23% in Visa Inc. (NYSE:V). 90,200 are held by Rmsincerbeaux Management Ltd Liability. New York State Teachers Retirement Sys stated it has 0.87% of its portfolio in Visa Inc. (NYSE:V). Cadence Capital Ltd Llc reported 2,069 shares stake. Crestwood Mgmt LP stated it has 4.69% in Visa Inc. (NYSE:V). South Street Advsrs Ltd Liability Corporation stated it has 1.46% of its portfolio in Visa Inc. (NYSE:V).

Among 43 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 9 Hold. Therefore 79% are positive. Visa Inc. had 132 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Wednesday, October 18 by KeyBanc Capital Markets. As per Wednesday, June 6, the company rating was maintained by Wedbush. The stock has “Buy” rating by Citigroup on Wednesday, October 18. UBS initiated it with “Buy” rating and $90 target in Wednesday, December 16 report. Morgan Stanley maintained the shares of V in report on Thursday, April 26 with “Overweight” rating. As per Friday, August 14, the company rating was maintained by JP Morgan. UBS reinitiated Visa Inc. (NYSE:V) on Friday, May 18 with “Neutral” rating. The stock has “Buy” rating by Nomura on Thursday, October 26. Buckingham Research maintained Visa Inc. (NYSE:V) rating on Thursday, April 26. Buckingham Research has “Buy” rating and $152 target. The firm has “Overweight” rating by JP Morgan given on Monday, June 6.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Visa, Inc. (V) Management Presents at William Blair 2018 Growth Stock Conference (Transcript)” on June 13, 2018, also Nasdaq.com with their article: “With GE Gone, It’s Time to Stop Covering the Dow Jones Index” published on June 20, 2018, Seekingalpha.com published: “Visa – A $140 Discount Cash Flow Valuation” on June 01, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: 247Wallst.com and their article: “Visa Takes Over as Dow’s Top-Performing Stock” published on June 23, 2018 as well as Fool.com‘s news article titled: “3 Growth Stocks to Buy and Hold for 25 Years” with publication date: June 23, 2018.

Since February 14, 2018, it had 0 buys, and 3 selling transactions for $6.34 million activity. $205,440 worth of Visa Inc. (NYSE:V) was sold by Biggar Lynne. 8,423 shares were sold by HOFFMEISTER JAMES H, worth $1.08M on Monday, April 30.

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T’s 70% Short-Term Trading Opportunity” on June 15, 2018, also 247Wallst.com with their article: “AT&T Marks Time Warner Win With New Streaming Offer” published on June 21, 2018, Seekingalpha.com published: “AT&T’s Merger Creates A Buying Opportunity” on June 15, 2018. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “AT&T: Ignore The Noise, Follow The Fundamentals” published on June 09, 2018 as well as Seekingalpha.com‘s news article titled: “AT&T: The Clock Is Ticking” with publication date: May 30, 2018.

Among 35 analysts covering AT&T Inc. (NYSE:T), 13 have Buy rating, 2 Sell and 20 Hold. Therefore 37% are positive. AT&T Inc. had 88 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer upgraded AT&T Inc. (NYSE:T) on Wednesday, June 13 to “Outperform” rating. The company was maintained on Wednesday, April 27 by Cowen & Co. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, July 22. The firm has “Outperform” rating given on Tuesday, April 5 by Macquarie Research. The firm earned “Perform” rating on Tuesday, November 8 by Oppenheimer. The stock of AT&T Inc. (NYSE:T) earned “Outperform” rating by Wells Fargo on Wednesday, April 12. The firm earned “Hold” rating on Tuesday, May 1 by Deutsche Bank. The stock has “Neutral” rating by Buckingham Research on Friday, June 24. Cowen & Co maintained AT&T Inc. (NYSE:T) rating on Tuesday, July 18. Cowen & Co has “Hold” rating and $4300 target. The rating was maintained by Argus Research on Tuesday, April 11 with “Buy”.

Visa Inc. (NYSE:V) Institutional Positions Chart

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