Minneapolis Portfolio Management Group Has Lifted Kroger Co (KR) Stake by $483,560 as Stock Value Rose; Southpoint Capital Advisors LP Stake in Visa (V) Decreased by $13.20 Million as Share Value Rose

The Kroger Co. (NYSE:KR) Logo

Southpoint Capital Advisors Lp decreased its stake in Visa Inc (V) by 15.38% based on its latest 2018Q2 regulatory filing with the SEC. Southpoint Capital Advisors Lp sold 100,000 shares as the company’s stock rose 9.06% with the market. The hedge fund held 550,000 shares of the business services company at the end of 2018Q2, valued at $72.85 million, down from 650,000 at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $305.95B market cap company. The stock decreased 4.39% or $6.36 during the last trading session, reaching $138.64. About 13.99 million shares traded or 42.56% up from the average. Visa Inc. (NYSE:V) has risen 38.00% since December 5, 2017 and is uptrending. It has outperformed by 22.38% the S&P500.

Minneapolis Portfolio Management Group Llc increased its stake in Kroger Co (KR) by 0.95% based on its latest 2018Q2 regulatory filing with the SEC. Minneapolis Portfolio Management Group Llc bought 17,270 shares as the company’s stock rose 21.99% with the market. The institutional investor held 1.84 million shares of the food chains company at the end of 2018Q2, valued at $52.31M, up from 1.82M at the end of the previous reported quarter. Minneapolis Portfolio Management Group Llc who had been investing in Kroger Co for a number of months, seems to be bullish on the $22.84 billion market cap company. The stock decreased 3.76% or $1.12 during the last trading session, reaching $28.64. About 13.88 million shares traded or 51.57% up from the average. The Kroger Co. (NYSE:KR) has risen 47.03% since December 5, 2017 and is uptrending. It has outperformed by 31.41% the S&P500. Some Historical KR News: 16/04/2018 – Kroger is introducing a program to support continuing education for all part-time and full-time associates following six months of employment; 16/03/2018 – Kroger to Stop Selling Publications About Assault-Style Firearms; 17/05/2018 – OCADO OCDO.L CFO SAYS KROGER WILL ALSO HAVE ACCESS TO ITS SOFTWARE, IF IT CHOOSES, FOR STORE PICKING; 17/05/2018 – OCADO OCDO.L CFO SAYS KROGER PARTNERSHIP ‘MULTI-YEAR PLAN WITH A LOT TO DO’; 11/05/2018 – Nathan’s Famous® and Kroger Team Up to Make Donation to Mason Youth Organization; 08/03/2018 – KROGER CEO RODNEY MCMULLEN SPEAKS ON CALL; 26/03/2018 – Pymnts.com: Target And Kroger Refute Merger Rumors; 17/05/2018 – lnstacart faces new challenge with Kroger/Ocado tie-up; 04/04/2018 – The Kroger Co. Announces Second Kitchen 1883 Restaurant; 23/03/2018 – Fast Co Labs: Exclusive: As Grocery Wars Rage, Target And Kroger Mull A Merger

Among 37 analysts covering Kroger (NYSE:KR), 17 have Buy rating, 1 Sell and 19 Hold. Therefore 46% are positive. Kroger had 125 analyst reports since August 25, 2015 according to SRatingsIntel. The firm has “Buy” rating by Northcoast given on Monday, November 6. The firm has “Neutral” rating by UBS given on Wednesday, October 31. The firm has “Hold” rating given on Tuesday, June 27 by BMO Capital Markets. Piper Jaffray upgraded the shares of KR in report on Wednesday, December 14 to “Neutral” rating. The stock of The Kroger Co. (NYSE:KR) has “Buy” rating given on Tuesday, December 26 by Citigroup. On Thursday, October 12 the stock rating was maintained by UBS with “Hold”. On Friday, March 9 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. As per Tuesday, August 23, the company rating was downgraded by Cleveland. The stock has “Neutral” rating by Goldman Sachs on Friday, June 16. On Friday, December 2 the stock rating was downgraded by Pivotal Research to “Hold”.

More notable recent The Kroger Co. (NYSE:KR) news were published by: 247Wallst.com which released: “Dollar General, Broadcom, Kroger and More Major Earnings Coming This Week – 24/7 Wall St.” on December 02, 2018, also Seekingalpha.com with their article: “Kroger earnings preview – Seeking Alpha” published on December 05, 2018, Seekingalpha.com published: “Stocks To Watch: Favorable Trade Winds? – Seeking Alpha” on December 01, 2018. More interesting news about The Kroger Co. (NYSE:KR) were released by: Fool.com and their article: “3 Things to Watch in the Stock Market This Week – The Motley Fool” published on December 02, 2018 as well as Bizjournals.com‘s news article titled: “Cincinnati stocks soar as Dow Jones posts one of its five biggest gains ever – Cincinnati Business Courier” with publication date: November 28, 2018.

Since July 3, 2018, it had 0 insider purchases, and 8 insider sales for $1.96 million activity. KROPF SUSAN J sold 13,000 shares worth $369,551. $3,356 worth of stock was sold by SARGENT RONALD on Monday, October 8. Kaufman Calvin J sold $288,397 worth of stock or 10,500 shares. $734,106 worth of The Kroger Co. (NYSE:KR) was sold by Sharp Erin S. FIKE CARIN L sold 4,000 shares worth $115,056. 13,000 The Kroger Co. (NYSE:KR) shares with value of $377,819 were sold by MOORE CLYDE R.

Investors sentiment increased to 1.04 in Q2 2018. Its up 0.18, from 0.86 in 2018Q1. It increased, as 52 investors sold KR shares while 226 reduced holdings. 102 funds opened positions while 186 raised stakes. 603.37 million shares or 4.55% less from 632.13 million shares in 2018Q1 were reported. 187,969 were reported by Proshare Advisors. Moreover, Greenleaf has 0.01% invested in The Kroger Co. (NYSE:KR) for 22,131 shares. Calamos Advisors Limited Liability holds 0.08% or 439,441 shares. Navellier & Associates holds 0.03% or 8,300 shares in its portfolio. Washington Retail Bank holds 6,928 shares or 0.03% of its portfolio. Nomura Asset Mgmt Limited accumulated 172,007 shares. California-based Evanson Asset Mgmt Ltd Liability has invested 0.04% in The Kroger Co. (NYSE:KR). Guggenheim Capital Limited has 343,910 shares. Nuveen Asset Limited Liability Corp has invested 0.16% in The Kroger Co. (NYSE:KR). Meiji Yasuda Life Insurance reported 29,800 shares or 0.12% of all its holdings. Gulf Interest Natl Bank (Uk) Limited holds 0.1% or 276,668 shares. Canyon Limited Com invested 0.46% of its portfolio in The Kroger Co. (NYSE:KR). California-based Fdx Advisors has invested 0.07% in The Kroger Co. (NYSE:KR). 28,144 were reported by Everence Mgmt. 8,204 are held by Rampart Management Limited.

More notable recent Visa Inc. (NYSE:V) news were published by: Investorplace.com which released: “Why Square Stock Is Up 75% in 2018 – Investorplace.com” on December 05, 2018, also Seekingalpha.com with their article: “Visa: Money For Nothing – Seeking Alpha” published on December 03, 2018, Seekingalpha.com published: “Visa: Market Volatility Offering A Buying Opportunity – Seeking Alpha” on November 20, 2018. More interesting news about Visa Inc. (NYSE:V) were released by: Investorplace.com and their article: “Should Square Stock Be Bought on Weakness? – Investorplace.com” published on December 04, 2018 as well as Seekingalpha.com‘s news article titled: “Visa Inc. (V) Management Presents at 2018 Wells Fargo Tech Summit Conference (Transcript) – Seeking Alpha” with publication date: December 05, 2018.

Among 44 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 9 Hold. Therefore 80% are positive. Visa Inc. had 144 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, October 25. The company was maintained on Friday, August 11 by Keefe Bruyette & Woods. The firm earned “Buy” rating on Thursday, January 18 by Piper Jaffray. BMO Capital Markets maintained Visa Inc. (NYSE:V) on Thursday, October 25 with “Outperform” rating. On Wednesday, October 18 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. Morgan Stanley maintained Visa Inc. (NYSE:V) rating on Thursday, April 26. Morgan Stanley has “Overweight” rating and $142 target. The rating was maintained by BMO Capital Markets with “Outperform” on Thursday, October 26. The firm has “Buy” rating given on Friday, January 12 by Cowen & Co. RBC Capital Markets maintained it with “Buy” rating and $142.0 target in Thursday, January 4 report. Oppenheimer maintained the shares of V in report on Wednesday, October 25 with “Buy” rating.

Analysts await Visa Inc. (NYSE:V) to report earnings on February, 7. They expect $1.24 earnings per share, up 14.81% or $0.16 from last year’s $1.08 per share. V’s profit will be $2.74 billion for 27.95 P/E if the $1.24 EPS becomes a reality. After $1.21 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts 2.48% EPS growth.

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.14, from 0.88 in 2018Q1. It is positive, as 39 investors sold V shares while 633 reduced holdings. 124 funds opened positions while 560 raised stakes. 1.56 billion shares or 0.77% less from 1.57 billion shares in 2018Q1 were reported. Wealthtrust owns 1,919 shares or 0.13% of their US portfolio. State Street Corporation has 74.10 million shares. Winch Advisory Services Limited reported 13,094 shares. Usa Portformulas holds 54,884 shares or 1.59% of its portfolio. Deltec Asset Limited Company has 3.23% invested in Visa Inc. (NYSE:V). Ameritas Prtn owns 73,813 shares or 0.47% of their US portfolio. Ibm Retirement Fund reported 37,110 shares stake. Country Club Tru Company Na has invested 0.1% in Visa Inc. (NYSE:V). Missouri-based First Allied Advisory Ser Inc has invested 0.26% in Visa Inc. (NYSE:V). Paradigm Asset Mngmt Ltd holds 20,360 shares. Schwab Charles Mgmt holds 0.65% of its portfolio in Visa Inc. (NYSE:V) for 6.72M shares. Daniel Devine Company holds 2.13% or 20,080 shares in its portfolio. Middleton Commerce Incorporated Ma reported 2.65% of its portfolio in Visa Inc. (NYSE:V). Randolph Incorporated reported 181,413 shares or 4.44% of all its holdings. Moreover, Boys Arnold And Company Inc has 0.2% invested in Visa Inc. (NYSE:V).

Since November 2, 2018, it had 0 buys, and 2 sales for $14.36 million activity.

Southpoint Capital Advisors Lp, which manages about $2.99B and $2.35B US Long portfolio, upped its stake in Fedex Corp (NYSE:FDX) by 21,071 shares to 300,000 shares, valued at $68.12M in 2018Q2, according to the filing. It also increased its holding in Pandora Media Inc (NYSE:P) by 500,000 shares in the quarter, for a total of 7.00 million shares, and has risen its stake in Cognizant Technology Solutio (NASDAQ:CTSH).

Visa Inc. (NYSE:V) Institutional Positions Chart

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