Southwest Airlines (LUV) Stock Rose While Scott & Selber Has Raised by $1.20 Million Its Stake; Force Capital Management Lowered Its Visa (V) Holding by $409,500

February 25, 2018 - By Hazel Jackson

Scott & Selber Inc increased its stake in Southwest Airlines (LUV) by 57.33% based on its latest 2017Q3 regulatory filing with the SEC. Scott & Selber Inc bought 21,835 shares as the company’s stock rose 1.26% with the market. The institutional investor held 59,921 shares of the air freight and delivery services company at the end of 2017Q3, valued at $3.35M, up from 38,086 at the end of the previous reported quarter. Scott & Selber Inc who had been investing in Southwest Airlines for a number of months, seems to be bullish on the $34.10B market cap company. The stock increased 1.17% or $0.67 during the last trading session, reaching $57.99. About 3.31M shares traded. Southwest Airlines Co. (NYSE:LUV) has risen 37.63% since February 25, 2017 and is uptrending. It has outperformed by 20.93% the S&P500.

Robert Jaffe decreased its stake in Visa Inc (V) by 6.18% based on its latest 2017Q3 regulatory filing with the SEC. Force Capital Management Llc sold 3,900 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Robert Jaffe held 59,199 shares of the business services company at the end of 2017Q3, valued at $6.23 million, down from 63,099 at the end of the previous reported quarter. Force Capital Management Llc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $277.44 billion market cap company. The stock increased 2.12% or $2.55 during the last trading session, reaching $122.93. About 5.04M shares traded. Visa Inc. (NYSE:V) has risen 20.29% since February 25, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It dived, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Rampart Investment Lc reported 25,031 shares stake. Buckingham Cap has invested 1.43% of its portfolio in Visa Inc. (NYSE:V). Wafra Investment Advisory Grp Inc New York has invested 0.07% in Visa Inc. (NYSE:V). Holderness Invs Co owns 0.32% invested in Visa Inc. (NYSE:V) for 5,800 shares. Comerica Securities holds 19,979 shares. Axa reported 0.83% of its portfolio in Visa Inc. (NYSE:V). Whalerock Point Partners Limited Liability Corp holds 2.43% of its portfolio in Visa Inc. (NYSE:V) for 65,520 shares. Cwh Management invested 0.18% of its portfolio in Visa Inc. (NYSE:V). Atlanta Capital Management L L C invested 1.1% in Visa Inc. (NYSE:V). Sg Americas Ltd Llc reported 16,083 shares. Usa Portformulas reported 1.9% of its portfolio in Visa Inc. (NYSE:V). Beacon Grp owns 0.47% invested in Visa Inc. (NYSE:V) for 24,877 shares. Indiana-based Old Fincl Bank In has invested 1.5% in Visa Inc. (NYSE:V). West Oak Llc accumulated 0.19% or 3,082 shares. Moreover, Train Babcock Advsrs Limited Liability Company has 2.43% invested in Visa Inc. (NYSE:V).

Since December 13, 2017, it had 0 insider purchases, and 3 sales for $6.56 million activity. $5.65 million worth of Visa Inc. (NYSE:V) shares were sold by MAHON TULLIER KELLY. Biggar Lynne sold $205,440 worth of Visa Inc. (NYSE:V) on Wednesday, February 14.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 19. They expect $1.01 EPS, up 17.44% or $0.15 from last year’s $0.86 per share. V’s profit will be $2.28B for 30.43 P/E if the $1.01 EPS becomes a reality. After $1.08 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth.

Among 42 analysts covering Visa Inc. (NYSE:V), 34 have Buy rating, 0 Sell and 8 Hold. Therefore 81% are positive. Visa Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, October 13 by Piper Jaffray. The company was upgraded on Tuesday, October 10 by Wells Fargo. The stock of Visa Inc. (NYSE:V) earned “Overweight” rating by Morgan Stanley on Thursday, October 26. The rating was maintained by RBC Capital Markets on Tuesday, October 25 with “Outperform”. The rating was maintained by Morgan Stanley with “Overweight” on Thursday, January 25. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Jefferies on Monday, October 30. The rating was downgraded by DZ Bank on Wednesday, January 24 to “Hold”. The firm earned “Overweight” rating on Friday, February 2 by KeyBanc Capital Markets. The firm has “Buy” rating by Susquehanna given on Thursday, December 28. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Buy”.

Among 19 analysts covering Southwest Airlines Co. (NYSE:LUV), 14 have Buy rating, 0 Sell and 5 Hold. Therefore 74% are positive. Southwest Airlines Co. had 64 analyst reports since July 30, 2015 according to SRatingsIntel. The company was maintained on Thursday, August 17 by Morgan Stanley. As per Friday, September 9, the company rating was initiated by Imperial Capital. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, January 7. The company was initiated on Friday, November 18 by Citigroup. The rating was maintained by Credit Suisse on Friday, January 22 with “Outperform”. The firm earned “Buy” rating on Wednesday, September 27 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, September 15 by J.P. Morgan. JP Morgan upgraded the shares of LUV in report on Thursday, October 27 to “Overweight” rating. Stephens initiated the stock with “Overweight” rating in Tuesday, March 29 report. The stock has “Buy” rating by Cowen & Co on Friday, July 28.

Scott & Selber Inc, which manages about $340.21M and $173.14M US Long portfolio, decreased its stake in Walt Disney Co (NYSE:DIS) by 15,597 shares to 16,951 shares, valued at $1.67M in 2017Q3, according to the filing.

Since October 17, 2017, it had 1 insider purchase, and 3 sales for $2.03 million activity. BIGGINS J VERONICA had sold 32 shares worth $1,886. On Wednesday, December 13 the insider MONTFORD JOHN T sold $107,240. $196,875 worth of stock was bought by CUNNINGHAM WILLIAM H DR on Monday, February 12.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.06, from 0.83 in 2017Q2. It improved, as 69 investors sold LUV shares while 249 reduced holdings. 70 funds opened positions while 213 raised stakes. 441.14 million shares or 4.78% less from 463.31 million shares in 2017Q2 were reported. Cetera Advisor Network Limited Liability Corporation has 12,897 shares for 0.03% of their portfolio. Perigon Wealth Ltd stated it has 413 shares or 0.01% of all its holdings. Stephens Incorporated Ar, Arkansas-based fund reported 44,934 shares. Rhumbline Advisers has invested 0.12% in Southwest Airlines Co. (NYSE:LUV). Woodmont Counsel Lc holds 0.32% or 20,821 shares. Prudential Incorporated stated it has 0.1% in Southwest Airlines Co. (NYSE:LUV). First Washington reported 67,510 shares. 6,289 are owned by Aureus Asset Mngmt Limited Liability. Gulf Int Bancorporation (Uk) Ltd reported 0.04% in Southwest Airlines Co. (NYSE:LUV). 186 were reported by Lenox Wealth. 1St Source National Bank reported 5,306 shares. Baystate Wealth Mngmt Lc holds 0% of its portfolio in Southwest Airlines Co. (NYSE:LUV) for 40 shares. Tctc Limited Liability Com has invested 0.04% in Southwest Airlines Co. (NYSE:LUV). Federated Invsts Pa has invested 0.02% in Southwest Airlines Co. (NYSE:LUV). Fmr Ltd Limited Liability Company stated it has 30.50 million shares or 0.21% of all its holdings.

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By1 Hazel Jackson

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