Chilton Investment Co Increases Position in Visa (V); Tb Alternative Assets LTD Position in Alibaba Group Holding (BABA) Trimmed as Stock Value Declined

Visa Inc. (NYSE:V) Logo

Tb Alternative Assets Ltd decreased its stake in Alibaba Group Holding (BABA) by 65.61% based on its latest 2019Q1 regulatory filing with the SEC. Tb Alternative Assets Ltd sold 165,964 shares as the company’s stock declined 8.56% . The institutional investor held 87,000 shares of the business services company at the end of 2019Q1, valued at $15.87M, down from 252,964 at the end of the previous reported quarter. Tb Alternative Assets Ltd who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $434.72B market cap company. The stock increased 3.03% or $4.91 during the last trading session, reaching $166.97. About 34.58 million shares traded or 66.45% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has declined 6.34% since August 16, 2018 and is downtrending. It has underperformed by 6.34% the S&P500. Some Historical BABA News: 28/03/2018 – Podcast: Paytm challenges Amazon and Alibaba in ecommerce; 07/05/2018 – ALIBABA PICTURES GROUP LTD 1060.HK – MAY SEEK EXTERNAL FINANCING IN THE COMING YEAR IF APPROPRIATE OPPORTUNITIES AND CONDITIONS ARISE; 30/05/2018 – Sen. @MarkWarner: In tech, Chinese companies are operating in a different rule book than us. It is a government that will force companies and censor them. Alibaba, Tencent and others, they are all penetrated deeply by the Chinese government; 22/05/2018 – Amazon, Alibaba, NATO and the FBI Participate in DES2018 That Opens its Doors Today; 09/04/2018 – US News: China’s SenseTime Valued at $4.5 Billion After Alibaba-Led Funding; 04/04/2018 – CORRECTED (OFFICIAL)-Walmart opens first high-tech small-sized supermarket in China; 29/03/2018 – ALIBABA HEALTH INFORMATION TECHNOLOGY LTD 0241.HK – SHEN DIFAN APPOINTED CHIEF EXECUTIVE OFFICER; 28/05/2018 – Alibaba Health Information Technology: To Acquire Alibaba Holding Unit Ali JK Medical Products for HK$10.6 Billion; 25/05/2018 – Yahoo! UK: China to use cornerstones to help Alibaba, Xiaomi list in mainland; 04/05/2018 – ALIBABA – MOBILE MAUS ON CHINA RETAIL MARKETPLACES REACHED 617 MILLION IN MARCH 2018, AN INCREASE OF 37 MILLION OVER DECEMBER 2017

Chilton Investment Co Llc increased its stake in Visa Inc (V) by 41.35% based on its latest 2019Q1 regulatory filing with the SEC. Chilton Investment Co Llc bought 43,450 shares as the company’s stock rose 9.34% . The hedge fund held 148,538 shares of the business services company at the end of 2019Q1, valued at $23.20 million, up from 105,088 at the end of the previous reported quarter. Chilton Investment Co Llc who had been investing in Visa Inc for a number of months, seems to be bullish on the $394.92B market cap company. The stock increased 1.74% or $3.01 during the last trading session, reaching $176.27. About 6.49M shares traded. Visa Inc. (NYSE:V) has risen 30.42% since August 16, 2018 and is uptrending. It has outperformed by 30.42% the S&P500. Some Historical V News: 09/04/2018 – VFS Global Expands Finland Visa Services Network to Hong Kong; 06/03/2018 – EU,TURKEY MAKE PROGRESS ON VISA LIBERALIZATION, WELT REPORTS; 24/04/2018 – Visa Bond Trading 2x Average; Clients Net Buyers; 25/04/2018 – VISA BOOSTS FORECAST; 30/05/2018 – Visa Non-Deal Roadshow Scheduled By SunTrust for Jun. 6; 06/03/2018 – EXCLUSIVE-Visa waivers rarely granted under Trump’s latest U.S. travel ban -letter; 24/05/2018 – VISA – ANNOUNCED STRATEGIC INVESTMENT IN YELLOWPEPPER, A MOBILE PAYMENTS PIONEER IN LATIN AMERICA; 02/05/2018 – Wells Capital Management Adds First Data, Exits Visa: 13F; 25/04/2018 – MEDIA-India’s BHEL, L&T seek to recover dues from Visa Power – Business Standard; 06/03/2018 – Yahoo! UK: Exclusive: Visa waivers rarely granted under Trump’s latest U.S. travel ban – letter

Investors sentiment increased to 1.05 in 2019 Q1. Its up 0.05, from 1 in 2018Q4. It improved, as 49 investors sold V shares while 631 reduced holdings. 164 funds opened positions while 551 raised stakes. 1.54 billion shares or 4.83% less from 1.62 billion shares in 2018Q4 were reported. 12,635 were accumulated by Wagner Bowman Mgmt Corporation. First Tru Advisors Lp reported 0.04% of its portfolio in Visa Inc. (NYSE:V). Spears Abacus Advisors Ltd Llc invested in 0.04% or 2,030 shares. Rafferty Asset Management Limited Liability Corporation accumulated 0.9% or 356,503 shares. Sand Hill Glob Lc holds 1.11% of its portfolio in Visa Inc. (NYSE:V) for 69,503 shares. Moreover, Yhb Investment has 2.34% invested in Visa Inc. (NYSE:V). Sfmg Ltd Liability Co invested in 14,765 shares or 0.33% of the stock. Westpac Banking Corp owns 638,926 shares or 0% of their US portfolio. Miura Glob Management has invested 8.03% of its portfolio in Visa Inc. (NYSE:V). Mercer Capital Advisers invested in 0.14% or 1,312 shares. Oakbrook Invs Limited Liability Company invested in 271,313 shares or 2.57% of the stock. Virginia-based Investment Of Virginia Limited Liability has invested 0.9% in Visa Inc. (NYSE:V). Harvey Investment Limited Liability Corporation invested in 0.08% or 3,091 shares. Southeast Asset Advsr, a Georgia-based fund reported 2,800 shares. Capital Intll Sarl reported 1.85% of its portfolio in Visa Inc. (NYSE:V).

Chilton Investment Co Llc, which manages about $5.22 billion and $2.85B US Long portfolio, decreased its stake in Intuit (NASDAQ:INTU) by 2,882 shares to 204,063 shares, valued at $53.34M in 2019Q1, according to the filing. It also reduced its holding in Bank Amer Corp (NYSE:BAC) by 36,574 shares in the quarter, leaving it with 2.98M shares, and cut its stake in Boeing Co (NYSE:BA).

Since August 6, 2019, it had 1 insider buy, and 0 insider sales for $171,130 activity.

More notable recent Visa Inc. (NYSE:V) news were published by: Seekingalpha.com which released: “Buy Visa: Great Total Return And A Cash Machine – Seeking Alpha” on August 02, 2019, also Fool.com with their article: “Where Will Visa Be in 5 Years? – The Motley Fool” published on July 14, 2019, Seekingalpha.com published: “Visa – Strong Steady Growth Driven By Technology – Seeking Alpha” on July 25, 2019. More interesting news about Visa Inc. (NYSE:V) were released by: Seekingalpha.com and their article: “Visa tones down 2019 adjusted EPS outlook – Seeking Alpha” published on July 23, 2019 as well as Seekingalpha.com‘s news article titled: “Visa Is No Mastercard, But That’s OK – Seeking Alpha” with publication date: August 08, 2019.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Alibaba, Baidu, Blackstone, Comerica, Dollar Tree, GlycoMimetics, IBM, KKR, Target, Whiting Petroleum and More – 24/7 Wall St.” on August 05, 2019, also 247Wallst.com with their article: “Alibaba’s Q1 Earnings Beat Belies Slowing Economy – 24/7 Wall St.” published on August 15, 2019, Seekingalpha.com published: “Alibaba Q1 2020 Earnings Preview – Seeking Alpha” on August 14, 2019. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Susquehanna raises Alibaba estimate on 618 strength – Seeking Alpha” published on July 23, 2019 as well as Finance.Yahoo.com‘s news article titled: “Stocks: Walmart, Alibaba Surge in Premarket; GE, Canopy Growth Fall – Yahoo Finance” with publication date: August 15, 2019.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on August, 22. They expect $1.13 EPS, up 71.21% or $0.47 from last year’s $0.66 per share. BABA’s profit will be $2.94B for 36.94 P/E if the $1.13 EPS becomes a reality. After $0.88 actual EPS reported by Alibaba Group Holding Limited for the previous quarter, Wall Street now forecasts 28.41% EPS growth.

Visa Inc. (NYSE:V) Institutional Positions Chart

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