Hengistbury Investment Partners Llp Lowered Its Stake in Visa (V) as Share Price Rose; Portolan Capital Management Has Cut Its Position in Ryerson Holding (RYI) as Market Valuation Declined

April 26, 2018 - By Clifton Ray

Ryerson Holding Corporation (NYSE:RYI) Logo

Stuart Powers decreased its stake in Visa Inc (V) by 2.62% based on its latest 2017Q4 regulatory filing with the SEC. Hengistbury Investment Partners Llp sold 61,000 shares as the company’s stock rose 4.18% while stock markets declined. The hedge fund run by Stuart Powers held 2.27M shares of the business services company at the end of 2017Q4, valued at $258.40 million, down from 2.33M at the end of the previous reported quarter. Hengistbury Investment Partners Llp who had been investing in Visa Inc for a number of months, seems to be less bullish one the $285.92 billion market cap company. The stock increased 4.52% or $5.475 during the last trading session, reaching $126.685. About 7.39 million shares traded. Visa Inc. (NYSE:V) has risen 31.98% since April 26, 2017 and is uptrending. It has outperformed by 20.43% the S&P500.

George Mccabe decreased its stake in Ryerson Holding Corporation (RYI) by 24.53% based on its latest 2017Q4 regulatory filing with the SEC. Portolan Capital Management Llc sold 216,131 shares as the company’s stock declined 23.30% with the market. The hedge fund run by George Mccabe held 664,826 shares of the metal fabrications company at the end of 2017Q4, valued at $6.91 million, down from 880,957 at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Ryerson Holding Corporation for a number of months, seems to be less bullish one the $379.53M market cap company. The stock decreased 0.49% or $0.05 during the last trading session, reaching $10.2. About 164,948 shares traded. Ryerson Holding Corporation (NYSE:RYI) has declined 26.85% since April 26, 2017 and is downtrending. It has underperformed by 38.40% the S&P500.

Among 6 analysts covering Ryerson Holding (NYSE:RYI), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Ryerson Holding had 31 analyst reports since August 14, 2015 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, January 9 by KeyBanc Capital Markets. The firm has “Hold” rating given on Tuesday, March 6 by Jefferies. The rating was maintained by Jefferies on Thursday, September 15 with “Hold”. The company was downgraded on Friday, August 14 by BMO Capital Markets. The firm earned “Sector Weight” rating on Tuesday, November 21 by KeyBanc Capital Markets. On Monday, September 18 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. The rating was reinitiated by Jefferies with “Hold” on Wednesday, January 13. The stock of Ryerson Holding Corporation (NYSE:RYI) earned “Hold” rating by Jefferies on Monday, August 24. The rating was maintained by BMO Capital Markets with “Market Perform” on Thursday, August 11. The rating was maintained by Jefferies with “Hold” on Wednesday, September 6.

Investors sentiment decreased to 1.05 in 2017 Q4. Its down 0.05, from 1.1 in 2017Q3. It is negative, as 15 investors sold RYI shares while 24 reduced holdings. 7 funds opened positions while 34 raised stakes. 14.72 million shares or 1.61% more from 14.48 million shares in 2017Q3 were reported. Parametric Assoc Lc holds 106,545 shares or 0% of its portfolio. Wells Fargo And Co Mn owns 369,500 shares for 0% of their portfolio. D E Shaw And owns 0% invested in Ryerson Holding Corporation (NYSE:RYI) for 324,491 shares. State Street Corp stated it has 250,445 shares or 0% of all its holdings. Menta Limited Liability has invested 0.02% in Ryerson Holding Corporation (NYSE:RYI). Bank Of America De, a North Carolina-based fund reported 6,928 shares. Meeder Asset Mngmt Inc has invested 0% in Ryerson Holding Corporation (NYSE:RYI). Van Eck Associates, New York-based fund reported 60,210 shares. Trellus Mgmt Ltd Llc invested in 0.4% or 28,302 shares. Goldman Sachs Group holds 905,830 shares or 0% of its portfolio. Schwab Charles Investment Mngmt stated it has 0% of its portfolio in Ryerson Holding Corporation (NYSE:RYI). Legal And General Group Inc Pcl invested in 0% or 4,180 shares. Renaissance Llc invested in 0% or 15,700 shares. Brookfield Asset stated it has 245,000 shares or 0.01% of all its holdings. Tiaa Cref Invest Mgmt Limited Co reported 38,783 shares or 0% of all its holdings.

Portolan Capital Management Llc, which manages about $535.17 million and $913.15M US Long portfolio, upped its stake in Axt Inc. (NASDAQ:AXTI) by 267,478 shares to 617,482 shares, valued at $5.37 million in 2017Q4, according to the filing. It also increased its holding in Daseke Inc. by 466,324 shares in the quarter, for a total of 1.50 million shares, and has risen its stake in Qad Inc. (NASDAQ:QADA).

Analysts await Ryerson Holding Corporation (NYSE:RYI) to report earnings on May, 2 after the close. They expect $0.27 earnings per share, down 32.50% or $0.13 from last year’s $0.4 per share. RYI’s profit will be $10.05M for 9.44 P/E if the $0.27 EPS becomes a reality. After $-0.09 actual earnings per share reported by Ryerson Holding Corporation for the previous quarter, Wall Street now forecasts -400.00% 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 127 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, April 15 the stock rating was initiated by Compass Point with “Neutral”. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, October 25. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Monday, July 17 by Oppenheimer. Wells Fargo maintained the stock with “Buy” rating in Tuesday, January 9 report. The firm earned “Hold” rating on Tuesday, September 1 by Vetr. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Friday, September 22 by RBC Capital Markets. On Tuesday, September 12 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. The rating was maintained by Stephens with “Buy” on Tuesday, January 9. The firm earned “Buy” rating on Thursday, September 28 by Cantor Fitzgerald. As per Friday, July 21, the company rating was maintained by UBS.

Since December 13, 2017, it had 0 buys, and 3 insider sales for $6.56 million activity. MAHON TULLIER KELLY sold $5.65M worth of stock. $707,561 worth of Visa Inc. (NYSE:V) shares were sold by MATSCHULLAT ROBERT W.

Investors sentiment increased to 1.05 in 2017 Q4. Its up 0.05, from 1 in 2017Q3. It improved, as 55 investors sold V shares while 605 reduced holdings. 141 funds opened positions while 552 raised stakes. 1.61 billion shares or 1.83% less from 1.64 billion shares in 2017Q3 were reported. Prudential Financial holds 0.71% or 4.59M shares. Hanson Mcclain has invested 0.01% in Visa Inc. (NYSE:V). 516,485 were reported by Fjarde Ap. Friess Lc owns 155,126 shares. Lehman Resource has 8,700 shares for 0.51% of their portfolio. Curbstone Financial Management accumulated 0.18% or 2,850 shares. Dowling Yahnke Ltd Com, California-based fund reported 94,226 shares. Chilton Ltd Liability holds 1.16% or 111,753 shares. Interocean Capital Ltd holds 0.05% or 3,336 shares. Anchor Cap Advisors Ltd Liability Company invested in 3,725 shares. Moreover, Psagot Invest House Limited has 0.13% invested in Visa Inc. (NYSE:V). Whittier Trust reported 355,431 shares stake. Legacy Prtnrs stated it has 22,785 shares. Thrivent Finance For Lutherans reported 2.73 million shares or 1.04% of all its holdings. Raymond James Tru Na reported 114,719 shares.

Ryerson Holding Corporation (NYSE:RYI) Institutional Positions Chart

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