Analysts See $0.79 EPS for Selective Insurance Group (SIGI); Archford Capital Strategies Decreased By $2.22 Million Its Visa Com Cl A (V) Holding

October 1, 2017 - By Michael Collier

Analysts expect Selective Insurance Group (NASDAQ:SIGI) to report $0.79 EPS on October, 25.They anticipate $0.17 EPS change or 27.42% from last quarter’s $0.62 EPS. SIGI’s profit would be $46.06M giving it 17.04 P/E if the $0.79 EPS is correct. After having $0.68 EPS previously, Selective Insurance Group’s analysts see 16.18% EPS growth. The stock increased 0.75% or $0.4 on September 29, reaching $53.85. About 206,618 shares traded. Selective Insurance Group (NASDAQ:SIGI) has risen 41.43% since October 1, 2016 and is uptrending. It has outperformed by 24.73% the S&P500.

Archford Capital Strategies Llc decreased Visa Inc Com Cl A (V) stake by 83.58% reported in 2017Q2 SEC filing. Archford Capital Strategies Llc sold 26,164 shares as Visa Inc Com Cl A (V)’s stock rose 5.74%. The Archford Capital Strategies Llc holds 5,142 shares with $438,000 value, down from 31,306 last quarter. Visa Inc Com Cl A now has $240.66 billion valuation. The stock increased 0.63% or $0.66 on September 29, reaching $105.24. About 7.68 million shares traded or 12.45% up from the average. Visa Inc (NYSE:V) has risen 20.29% since October 1, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It improved, as 44 investors sold V shares while 564 reduced holdings. 123 funds opened positions while 564 raised stakes. 1.66 billion shares or 1.28% less from 1.68 billion shares in 2017Q1 were reported. First National Bank & Trust reported 1.33% stake. The California-based Wetherby Asset Management has invested 0.66% in Visa Inc (NYSE:V). Meritage Gru Lp accumulated 2.58 million shares. Cwm Ltd Llc has invested 1.49% in Visa Inc (NYSE:V). Macquarie Ltd has 3.18M shares. Zwj Counsel Inc holds 0.51% in Visa Inc (NYSE:V) or 67,681 shares. Pillar Pacific Capital Management Ltd invested 0.11% of its portfolio in Visa Inc (NYSE:V). New Mexico Educational Retirement Board has 0.83% invested in Visa Inc (NYSE:V) for 171,584 shares. Crestwood Lp has invested 5.21% of its portfolio in Visa Inc (NYSE:V). Walter Keenan Consulting Mi Adv has invested 0.89% in Visa Inc (NYSE:V). Moreover, House Limited Liability Corporation has 0.31% invested in Visa Inc (NYSE:V) for 24,985 shares. The Hawaii-based First Hawaiian Financial Bank has invested 0.05% in Visa Inc (NYSE:V). Moreover, First Western Mngmt has 2.71% invested in Visa Inc (NYSE:V). Edgemoor Advisors has 0.79% invested in Visa Inc (NYSE:V). Highlander Mgmt Ltd Limited Liability Company, a New Jersey-based fund reported 1,000 shares.

Among 33 analysts covering Visa Inc. (NYSE:V), 28 have Buy rating, 0 Sell and 5 Hold. Therefore 85% are positive. Visa Inc. had 70 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained it with “Outperform” rating and $105 target in Friday, June 23 report. Bank of America upgraded the shares of V in report on Thursday, December 15 to “Buy” rating. The stock of Visa Inc (NYSE:V) earned “Buy” rating by RBC Capital Markets on Thursday, June 22. The company was maintained on Friday, June 23 by Oppenheimer. The firm has “Hold” rating by Vetr given on Tuesday, September 1. On Monday, August 21 the stock rating was maintained by RBC Capital Markets with “Buy”. The rating was initiated by Cantor Fitzgerald with “Buy” on Thursday, September 28. The rating was initiated by Sterne Agee CRT with “Buy” on Thursday, December 17. As per Friday, July 21, the company rating was maintained by Instinet. On Monday, September 25 the stock rating was maintained by Robert W. Baird with “Buy”.

Analysts await Visa Inc (NYSE:V) to report earnings on October, 23. They expect $0.85 earnings per share, up 8.97% or $0.07 from last year’s $0.78 per share. V’s profit will be $1.94 billion for 30.95 P/E if the $0.85 EPS becomes a reality. After $0.86 actual earnings per share reported by Visa Inc for the previous quarter, Wall Street now forecasts -1.16% negative EPS growth.

Archford Capital Strategies Llc increased American Express Company (NYSE:AXP) stake by 15,420 shares to 16,645 valued at $533,000 in 2017Q2. It also upped Lyondellbasell Industries N V Ord Shs Cl A (NYSE:LYB) stake by 7,630 shares and now owns 8,060 shares. Ishares Tr S&P Small (IJT) was raised too.

Since April 28, 2017, it had 0 insider purchases, and 5 sales for $1.48 million activity. 12,000 shares were sold by RUE WILLIAM M, worth $626,854. BAUER PAUL D sold $100,401 worth of stock. Shares for $437,663 were sold by MURPHY GREGORY E on Wednesday, June 7. Shares for $52 were sold by THEBAULT J BRIAN on Friday, April 28. BROWN A DAVID had sold 6,275 shares worth $316,855 on Tuesday, May 23.

Investors sentiment increased to 1.09 in Q2 2017. Its up 0.07, from 1.02 in 2017Q1. It improved, as 14 investors sold Selective Insurance Group shares while 67 reduced holdings. 26 funds opened positions while 62 raised stakes. 44.48 million shares or 0.57% less from 44.73 million shares in 2017Q1 were reported. Systematic Financial Mgmt Limited Partnership holds 0.51% or 551,145 shares. Vanguard Inc has 0.01% invested in Selective Insurance Group (NASDAQ:SIGI) for 5.30M shares. 19,500 are held by Crestpoint Capital Management Limited Company. Phocas Fin Corp accumulated 239,514 shares. Cibc Asset has 7,192 shares. Smithfield Com accumulated 748 shares or 0.01% of the stock. United Kingdom-based Ahl Ptnrs Limited Liability Partnership has invested 0.01% in Selective Insurance Group (NASDAQ:SIGI). Aqr Mgmt Limited Liability Co reported 82,058 shares stake. Moreover, Zacks Invest has 0.09% invested in Selective Insurance Group (NASDAQ:SIGI). 3,050 were accumulated by Da Davidson Communications. Ny State Common Retirement Fund owns 77,245 shares or 0.01% of their US portfolio. Fifth Third National Bank & Trust holds 0% or 513 shares. First Comml Bank Of Omaha, Nebraska-based fund reported 44,378 shares. Iat Reinsurance Ltd reported 200,000 shares. First Tru Advsrs Limited Partnership has 34,099 shares.

Selective Insurance Group, Inc. is a holding company. The company has market cap of $3.14 billion. As of December 31, 2016, the Company had 10 insurance subsidiaries, nine of which were licensed by various state departments of insurance to write specific lines of property and casualty insurance business. It has a 18.74 P/E ratio. The remaining subsidiary is authorized by various state insurance departments to write property and casualty insurance in the excess and surplus lines market.

Among 5 analysts covering Selective Insurance (NASDAQ:SIGI), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Selective Insurance had 11 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained Selective Insurance Group (NASDAQ:SIGI) rating on Monday, July 10. RBC Capital Markets has “Hold” rating and $4800 target. RBC Capital Markets downgraded Selective Insurance Group (NASDAQ:SIGI) on Friday, December 9 to “Sector Perform” rating. RBC Capital Markets maintained Selective Insurance Group (NASDAQ:SIGI) rating on Friday, July 31. RBC Capital Markets has “Outperform” rating and $34 target. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, August 15 report. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating by Sandler O’Neill given on Monday, January 23. The firm has “Hold” rating by RBC Capital Markets given on Monday, August 28. The stock has “Market Perform” rating by Wood on Wednesday, May 4. The company was maintained on Friday, October 30 by RBC Capital Markets. As per Wednesday, September 20, the company rating was maintained by Keefe Bruyette & Woods.