Cryder Capital Partners Llp Lowered Its Visa (V) Position; Last Week Symantec (SYMC) Coverage

Symantec Corporation (NASDAQ:SYMC) Logo

Cryder Capital Partners Llp decreased Visa Inc (V) stake by 2.07% reported in 2018Q4 SEC filing. Cryder Capital Partners Llp sold 8,274 shares as Visa Inc (V)’s stock rose 4.65%. The Cryder Capital Partners Llp holds 392,028 shares with $51.72M value, down from 400,302 last quarter. Visa Inc now has $346.78 billion valuation. The stock decreased 0.45% or $0.72 during the last trading session, reaching $157.84. About 2.67 million shares traded. Visa Inc. (NYSE:V) has risen 22.89% since April 11, 2018 and is uptrending. It has outperformed by 18.52% the S&P500. Some Historical V News: 15/03/2018 – Chase and Avios Group Limited Introduce the lberia and Aer Lingus Visa® Signature Cards, Just in Time for Summer Travel Bookings to Europe; 07/05/2018 – PENCE CALLS ON OTHER COUNTRIES TO TAKE STEPS AGAINST VENEZUELA, INCLUDING VISA RESTRICTIONS FOR LEADERS, EFFORTS TO STOP MONEY LAUNDERING AND ACTION TO HOLD MADURO ACCOUNTABLE; 06/03/2018 – US News: Exclusive: Visa Waivers Rarely Granted Under Trump’s Latest U.S. Travel Ban – Letter; 25/04/2018 – VISA – INVESTMENTS IN TALENTS & MARKETS AROUND WORLD, MARKETING FOCUSED ON WINTER OLYMPICS IN UPCOMING WORLD CUP LED TO DOUBLE-DIGIT EXPENSE GROWTH ON ADJ BASIS – CONF CALL; 16/03/2018 – No. 1 H-1B Visa Sponsor Tries to Bury Anti-White Bias Lawsuit; 25/04/2018 – VISA CEO AL KELLY COMMENTS ON PAYPAL DEAL DURING EARNINGS CALL; 08/03/2018 – BBVA, Visa and ABN Amro join investment in German fintech group; 19/03/2018 – VFS Global Awarded Contracts to Provide Canadian Visa Application Centre Services in 78 Countries; 23/03/2018 – Two more top Visa executives have exited the company – under very different circumstances; 19/04/2018 – RUSSIA SAYS U.S. USING VISA `BLOCKADE’ TO EXERT PRESSURE: IFX

Among 5 analysts covering Symantec (NASDAQ:SYMC), 1 have Buy rating, 0 Sell and 4 Hold. Therefore 20% are positive. Symantec had 6 analyst reports since October 16, 2018 according to SRatingsIntel. The rating was maintained by Wedbush on Friday, November 2 with “Neutral”. The company was upgraded on Tuesday, October 16 by Cowen & Co. The rating was initiated by Mizuho with “Hold” on Tuesday, March 26. The firm has “Neutral” rating given on Friday, November 2 by Robert W. Baird. Goldman Sachs upgraded Symantec Corporation (NASDAQ:SYMC) rating on Monday, April 8. Goldman Sachs has “Buy” rating and $28 target. See Symantec Corporation (NASDAQ:SYMC) latest ratings:

08/04/2019 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Old Target: $23 New Target: $28 Upgrade
26/03/2019 Broker: Mizuho Rating: Hold New Target: $25 Initiate
02/11/2018 Broker: Robert W. Baird Old Rating: Neutral New Rating: Neutral Old Target: $22 New Target: $23 Maintain
02/11/2018 Broker: Wedbush Old Rating: Neutral New Rating: Neutral Old Target: $19 New Target: $21 Maintain
19/10/2018 Broker: Wedbush Rating: Neutral New Target: $19 Initiates Coverage On
16/10/2018 Broker: Cowen & Co Old Rating: Underperform New Rating: Market Perform Upgrade

Since February 14, 2019, it had 0 insider buys, and 2 sales for $1.47 million activity. 18,321 shares were sold by Cappellanti-Wolf Amy L., worth $422,327. 45,455 shares were sold by Kapuria Samir, worth $1.05M.

The stock increased 0.80% or $0.19 during the last trading session, reaching $23.93. About 1.18 million shares traded. Symantec Corporation (NASDAQ:SYMC) has declined 16.67% since April 11, 2018 and is downtrending. It has underperformed by 21.04% the S&P500. Some Historical SYMC News: 21/05/2018 – Pax8 Now Offering Symantec’s Complete Suite of Cloud Security Solutions with the Addition of Symantec Endpoint Protection Mobile; 10/05/2018 – SYMANTEC CORP – AUDIT COMMITTEE OF BOARD OF DIRECTORS HAS COMMENCED AN INTERNAL INVESTIGATION IN CONNECTION WITH CONCERNS RAISED BY A FORMER EMPLOYEE; 14/05/2018 – Symantec: Doesn’t Anticipate Material Adverse Impact on Historical Fincl Statements; 20/04/2018 – Zscaler Inc. vs Symantec Corporation | Terminated-Dismissed | 04/20/2018; 23/05/2018 – SYMANTEC TO OPEN NEW PRIVACY & DATA PROTECTION LAB IN GERMANY; 18/05/2018 – FITCH: SYMANTEC’S INTERNAL PROBE INCREASES EVENT RISK WI; 09/05/2018 – MeasuredRisk Appoints Former Symantec Executive, WholeSecurity Founder and CTO Tony Alagna as Chief Technology Officer to Join the World’s Leading Al Powered Risk lnference Pioneer; 22/05/2018 – The Klein Law Firm Notifies Investors of an Investigation Concerning Possible Violations of Federal Securities Laws by Symantec Corp. (SYMC); 09/05/2018 – MeasuredRisk Appoints Former Symantec Executive, WholeSecurity Founder and CTO Tony Alagna as Chief Technology Officer to Join; 23/05/2018 – U.S. seeks to take control of infected routers from hackers

More notable recent Symantec Corporation (NASDAQ:SYMC) news were published by: Nasdaq.com which released: “Noteworthy Monday Option Activity: SYMC, GIS, ADS – Nasdaq” on April 08, 2019, also Nasdaq.com with their article: “Symantec (SYMC) Gains But Lags Market: What You Should Know – Nasdaq” published on March 15, 2019, Nasdaq.com published: “Nasdaq 100 Movers: EA, SYMC – Nasdaq” on April 08, 2019. More interesting news about Symantec Corporation (NASDAQ:SYMC) were released by: Seekingalpha.com and their article: “Symantec: Operating Margin Upside Gives Investors Increased Confidence – Seeking Alpha” published on March 13, 2019 as well as Nasdaq.com‘s news article titled: “The Zacks Analyst Blog Highlights: Microsoft, Facebook, Synopsys and Symantec – Nasdaq” with publication date: March 19, 2019.

Investors sentiment decreased to 1.19 in 2018 Q4. Its down 0.22, from 1.41 in 2018Q3. It worsened, as 39 investors sold Symantec Corporation shares while 127 reduced holdings. 57 funds opened positions while 140 raised stakes. 552.40 million shares or 4.17% more from 530.27 million shares in 2018Q3 were reported. Natixis Advsrs Limited Partnership holds 0.01% or 63,525 shares. Aqr Ltd Liability has 12.61M shares for 0.28% of their portfolio. Northwestern Mutual Wealth Mgmt holds 0% or 2,395 shares. Vident Investment Advisory Ltd Liability reported 69,962 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.02% or 5,545 shares. Dnb Asset As owns 0% invested in Symantec Corporation (NASDAQ:SYMC) for 80,733 shares. Of Vermont stated it has 1,156 shares. Tarbox Family Office holds 0% in Symantec Corporation (NASDAQ:SYMC) or 532 shares. Gideon Advisors Incorporated invested in 0.11% or 14,831 shares. Jacobs Levy Equity Management Inc holds 0.3% or 895,706 shares. Cleararc Cap Inc reported 10,963 shares or 0.06% of all its holdings. Whittier owns 4,290 shares. Neuberger Berman Group Limited Liability Co stated it has 0.04% in Symantec Corporation (NASDAQ:SYMC). Beutel Goodman & holds 0.61% of its portfolio in Symantec Corporation (NASDAQ:SYMC) for 5.16 million shares. Verition Fund Mgmt Lc stated it has 54,013 shares or 0.07% of all its holdings.

Symantec Corporation, together with its subsidiaries, provides cybersecurity solutions worldwide. The company has market cap of $15.30 billion. It operates through two divisions, Consumer Digital Safety and Enterprise Security. It currently has negative earnings. The Consumer Digital Safety segment provides Norton-branded services that provide multi-layer security services across desktop and mobile operating systems, public Wi-Fi connections, and home networks to defend against online threats to individuals, families, and small businesses.

Investors sentiment increased to 1 in Q4 2018. Its up 0.03, from 0.97 in 2018Q3. It increased, as 75 investors sold V shares while 627 reduced holdings. 152 funds opened positions while 552 raised stakes. 1.62 billion shares or 5.17% more from 1.54 billion shares in 2018Q3 were reported. Etrade Mngmt Ltd Liability Company reported 0.17% of its portfolio in Visa Inc. (NYSE:V). Cahill Advisors holds 9,346 shares or 0.62% of its portfolio. Ing Groep Nv accumulated 76,011 shares. Dowling And Yahnke Ltd invested in 91,215 shares or 1.34% of the stock. Factory Mutual Insur reported 789,700 shares. Mackay Shields Ltd Limited Liability Company holds 0.74% or 692,690 shares. Paradigm Fin Advsrs Ltd Liability Corp holds 1.68% in Visa Inc. (NYSE:V) or 28,520 shares. Moreover, Catalyst Cap Advsrs Ltd has 0.07% invested in Visa Inc. (NYSE:V). Great West Life Assurance Company Can accumulated 0.54% or 1.47 million shares. Malaga Cove Cap Limited Liability owns 2,382 shares. 139,884 are held by North Star Asset Mgmt. Numerixs Investment Inc accumulated 1.17% or 27,686 shares. Iberiabank reported 0.18% stake. Union Natl Bank stated it has 6,982 shares or 0.3% of all its holdings. Robeco Institutional Asset Mngmt Bv owns 2.11 million shares or 1.25% of their US portfolio.

Among 6 analysts covering Visa (NYSE:V), 6 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Visa had 8 analyst reports since October 25, 2018 according to SRatingsIntel. Jefferies maintained it with “Buy” rating and $175 target in Monday, March 25 report. Wedbush maintained Visa Inc. (NYSE:V) on Thursday, March 14 with “Buy” rating. The firm earned “Buy” rating on Monday, March 11 by Stephens. On Thursday, October 25 the stock rating was maintained by BMO Capital Markets with “Outperform”. As per Thursday, March 21, the company rating was maintained by Deutsche Bank.

More notable recent Visa Inc. (NYSE:V) news were published by: Investorplace.com which released: “Is Visa Stock Still a Long-Term Buy After 30%+ Run? – Investorplace.com” on April 10, 2019, also Streetinsider.com with their article: “Nomura’s Top Payments Pick For Earnings Is Visa (V) – StreetInsider.com” published on April 11, 2019, Seekingalpha.com published: “Hedge Funds Quietly Buying Visa Stock – Here’s Why – Seeking Alpha” on March 18, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Finance.Yahoo.com and their article: “The Visa Stock Upside Is Small and Getting Smaller – Yahoo Finance” published on March 14, 2019 as well as Benzinga.com‘s news article titled: “Wedbush Incrementally Bullish On MasterCard (NYSE:MA), Visa (NYSE:V) – Benzinga” with publication date: March 14, 2019.

Analysts await Visa Inc. (NYSE:V) to report earnings on April, 24. They expect $1.24 earnings per share, up 11.71% or $0.13 from last year’s $1.11 per share. V’s profit will be $2.72B for 31.82 P/E if the $1.24 EPS becomes a reality. After $1.30 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -4.62% negative EPS growth.

Visa Inc. (NYSE:V) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.