Bank Pictet & Cie Asia LTD Cut Visa (V) Holding; Delek US Holdings (DK) Sentiment Is 0.02

December 26, 2017 - By Marie Mckinney

Delek US Holdings, Inc. operates as an integrated energy firm that provides petroleum refining and transportation services. The company has market cap of $2.82 billion. The firm operates in two divisions, Refining and Logistics. It has a 19.1 P/E ratio. The Refining segment owns and operates two refineries in Tyler, Texas, and El Dorado, Arkansas; and produces various petroleum products used in transportation and industrial markets.

Bank Pictet & Cie Asia Ltd decreased Visa Inc (V) stake by 33.36% reported in 2017Q3 SEC filing. Bank Pictet & Cie Asia Ltd sold 4,900 shares as Visa Inc (V)’s stock rose 5.74%. The Bank Pictet & Cie Asia Ltd holds 9,790 shares with $1.03 million value, down from 14,690 last quarter. Visa Inc now has $255.40B valuation. The stock increased 0.01% or $0.01 during the last trading session, reaching $112.7. About 497,436 shares traded. Visa Inc. (NYSE:V) has risen 20.29% since December 26, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Analysts await Visa Inc. (NYSE:V) to report earnings on February, 1. They expect $0.97 EPS, up 12.79% or $0.11 from last year’s $0.86 per share. V’s profit will be $2.20B for 29.05 P/E if the $0.97 EPS becomes a reality. After $0.90 actual EPS reported by Visa Inc. for the previous quarter, Wall Street now forecasts 7.78% EPS growth.

Among 39 analysts covering Visa Inc. (NYSE:V), 32 have Buy rating, 0 Sell and 7 Hold. Therefore 82% are positive. Visa Inc. had 95 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Robert W. Baird on Monday, October 2 with “Outperform”. JP Morgan upgraded it to “Overweight” rating and $88 target in Monday, June 6 report. The firm earned “Buy” rating on Wednesday, October 25 by Oppenheimer. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, July 24 report. The firm has “Outperform” rating by Wells Fargo given on Thursday, October 22. The rating was maintained by Oppenheimer with “Buy” on Monday, July 17. The rating was maintained by Barclays Capital on Thursday, October 26 with “Overweight”. The firm has “Buy” rating given on Wednesday, October 11 by Cowen & Co. As per Wednesday, December 13, the company rating was maintained by KeyBanc Capital Markets. The stock of Visa Inc. (NYSE:V) has “Outperform” rating given on Wednesday, August 12 by Bernstein.

Since August 17, 2017, it had 0 insider buys, and 3 selling transactions for $7.43 million activity. $1.07 million worth of Visa Inc. (NYSE:V) was sold by CRANSTON MARY B. On Wednesday, December 13 the insider MATSCHULLAT ROBERT W sold $707,561. MAHON TULLIER KELLY had sold 49,702 shares worth $5.65 million on Friday, December 15.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.13, from 1.13 in 2017Q2. It worsened, as 48 investors sold V shares while 617 reduced holdings. 142 funds opened positions while 524 raised stakes. 1.64 billion shares or 1.45% less from 1.66 billion shares in 2017Q2 were reported. Barclays Public Limited Co owns 2.06 million shares or 0.22% of their US portfolio. Acropolis Investment Ltd Liability Com invested in 0.09% or 10,827 shares. Barrett Asset Mngmt Ltd Co holds 5.39% or 703,276 shares in its portfolio. Copeland Mngmt Llc invested 0.61% in Visa Inc. (NYSE:V). The Massachusetts-based Boston Common Asset Management Ltd has invested 1.11% in Visa Inc. (NYSE:V). Mogy Joel R Invest Counsel Inc has 3.49% invested in Visa Inc. (NYSE:V). Credit Suisse Ag stated it has 0.45% in Visa Inc. (NYSE:V). Taurus Asset Mngmt Ltd Liability Corporation invested in 109,735 shares or 1.8% of the stock. Moreover, Arrowmark Colorado Hldgs Ltd Liability Com has 0.01% invested in Visa Inc. (NYSE:V). First National Com owns 52,218 shares. Morgan Stanley reported 0.89% stake. Provident Mgmt owns 402,848 shares. Meiji Yasuda Asset Limited stated it has 133,792 shares. 255,687 are held by Andra Ap. Kelly Lawrence W & Assoc Ca reported 160,071 shares.

Ion Asset Management Ltd. holds 9.85% of its portfolio in Delek US Holdings, Inc. for 1.21 million shares. Alpha Windward Llc owns 22,080 shares or 0.36% of their US portfolio. Moreover, Shell Asset Management Co has 0.04% invested in the company for 77,974 shares. The Ontario – Canada-based Canada Pension Plan Investment Board has invested 0.01% in the stock. Glenmede Trust Co Na, a Pennsylvania-based fund reported 66,000 shares.

Ratings analysis reveals 17% of Delek US Holdings’s analysts are positive. Out of 6 Wall Street analysts rating Delek US Holdings, 1 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $18.0 while the high is $31.0. The stock’s average target of $24.50 is -29.13% below today’s ($34.57) share price. DK was included in 6 notes of analysts from August 30, 2016. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, September 21. The stock of Delek US Holdings, Inc. (NYSE:DK) has “Neutral” rating given on Thursday, January 5 by Bank of America. The stock of Delek US Holdings, Inc. (NYSE:DK) earned “Sector Perform” rating by Howard Weil on Tuesday, August 30. The firm has “Peer Perform” rating by Wolfe Research given on Monday, November 14. The stock of Delek US Holdings, Inc. (NYSE:DK) earned “Neutral” rating by Credit Suisse on Tuesday, October 11. Citigroup initiated Delek US Holdings, Inc. (NYSE:DK) on Wednesday, September 14 with “Buy” rating.