Reasons for Sharon Simpson’s Shares Unload of Simpson Manufacturing Co., Inc. (SSD)’s Stock; Waratah Capital Advisors LTD Has Lifted Visa Cl A (V) Holding

Waratah Capital Advisors Ltd increased Visa Inc Cl A (V) stake by 38.21% reported in 2017Q3 SEC filing. Waratah Capital Advisors Ltd acquired 13,445 shares as Visa Inc Cl A (V)’s stock rose 5.74%. The Waratah Capital Advisors Ltd holds 48,635 shares with $5.12 million value, up from 35,190 last quarter. Visa Inc Cl A now has $263.66B valuation. The stock increased 0.60% or $0.695 during the last trading session, reaching $116.345. About 4.53 million shares traded. Visa Inc. (NYSE:V) has risen 20.29% since January 4, 2017 and is uptrending. It has outperformed by 3.59% the S&P500.

It was revealed in a public report that was submitted to the SEC that Sharon Simpson, who works for Simpson Manufacturing Co Inc, and currently holds the position of major shareholder performed an insider trade on January 3, 2018. Sharon unloaded 2,017 shares of the public company based on $58.0 USD per share. As disclosed in the legal document available at the SEC website here, the total amount of the trade was $117,007 USD. In the last 30 days, she also unloaded 100,671 shares worth about $5,897,863 USD. This sell was pretty significant, so clearly it won’t go a secret. Currently, she owns a total of 5.06 million shares or 10.69% of Simpson Manufacturing Co Inc’s market capitalization.

Simpson Manufacturing Co., Inc., through its subsidiaries, designs, engineers, makes, and sells building construction products. The company has market cap of $2.70 billion. The firm offers wood construction products, including connectors, truss plates, fastening systems, fasteners, and pre-fabricated lateral systems used in light-frame construction; and concrete construction products comprising adhesives, specialty chemicals, mechanical anchors, carbide drill bits, powder actuated tools, and fiber reinforced materials for use in concrete, masonry, and steel construction, as well as for concrete repair, protection, and strengthening applications. It has a 28.07 P/E ratio. It also provides wood shrinkage compensating devices; ornamental product line; cold formed steel connections; structural screws for wood, metal, and composite decking applications; and mechanical anchors for use in hollow wall conditions and for overhead applications.

Investors sentiment decreased to 1.37 in 2017 Q3. Its down 0.08, from 1.45 in 2017Q2. It fall, as 14 investors sold Simpson Manufacturing Co., Inc. shares while 49 reduced holdings. 24 funds opened positions while 62 raised stakes. 39.55 million shares or 2.83% more from 38.46 million shares in 2017Q2 were reported. Baker Avenue Asset Mgmt Limited Partnership holds 214,780 shares or 1.19% of its portfolio. Rhumbline Advisers holds 103,427 shares. Granite Invest Prtn Ltd Liability Company stated it has 0.08% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Texas Permanent School Fund invested in 30,715 shares or 0.02% of the stock. Fuller & Thaler Asset Mgmt reported 0% of its portfolio in Simpson Manufacturing Co., Inc. (NYSE:SSD). Seabridge Inv Ltd Com holds 1.84% or 160,844 shares. California-based California Pub Employees Retirement Systems has invested 0.01% in Simpson Manufacturing Co., Inc. (NYSE:SSD). Jpmorgan Chase And reported 0% stake. Laurion Capital L P owns 17,908 shares or 0% of their US portfolio. Old Bancorp In holds 0.02% or 6,673 shares. Deprince Race And Zollo holds 0.48% or 436,698 shares in its portfolio. 23,506 are owned by Clifford Swan Investment Counsel Ltd Liability. Pub Employees Retirement Association Of Colorado holds 7,661 shares. Wells Fargo And Mn holds 1.62 million shares. Conestoga Advisors Llc holds 1.20M shares.

Among 3 analysts covering Simpson Manufacturing (NYSE:SSD), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Simpson Manufacturing has $60.0 highest and $46.0 lowest target. $53’s average target is -6.94% below currents $56.95 stock price. Simpson Manufacturing had 5 analyst reports since September 9, 2016 according to SRatingsIntel. Robert W. Baird maintained the shares of SSD in report on Thursday, October 19 with “Hold” rating. DA Davidson downgraded Simpson Manufacturing Co., Inc. (NYSE:SSD) on Thursday, December 14 to “Hold” rating. The rating was upgraded by DA Davidson to “Buy” on Tuesday, October 31. As per Tuesday, October 31, the company rating was upgraded by Robert W. Baird. Sidoti initiated Simpson Manufacturing Co., Inc. (NYSE:SSD) on Friday, September 9 with “Neutral” rating.

Since September 28, 2017, it had 0 insider purchases, and 19 insider sales for $14.60 billion activity. The insider SIMPSON SHARON H sold $3.49 million. SIMPSON PSB FUND also sold $4.79M worth of Simpson Manufacturing Co., Inc. (NYSE:SSD) on Monday, October 16. Dankel Roger sold $76,714 worth of stock or 1,300 shares.

Analysts await Simpson Manufacturing Co., Inc. (NYSE:SSD) to report earnings on February, 1. They expect $0.40 earnings per share, up 11.11% or $0.04 from last year’s $0.36 per share. SSD’s profit will be $18.93 million for 35.59 P/E if the $0.40 EPS becomes a reality. After $0.59 actual earnings per share reported by Simpson Manufacturing Co., Inc. for the previous quarter, Wall Street now forecasts -32.20% negative EPS growth.

The stock decreased 0.87% or $0.5 during the last trading session, reaching $56.95. About 88,285 shares traded. Simpson Manufacturing Co., Inc. (NYSE:SSD) has risen 9.03% since January 4, 2017 and is uptrending. It has underperformed by 7.67% the S&P500.

Investors sentiment decreased to 1 in Q3 2017. 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. Aperio Limited Company owns 0.66% invested in Visa Inc. (NYSE:V) for 1.11M shares. Eads Heald Counsel reported 1.49% in Visa Inc. (NYSE:V). Inv Centers Of America Inc owns 22,061 shares for 0.17% of their portfolio. Nikko Asset Mgmt Americas owns 132,900 shares. Hutchin Hill Capital Lp has 153,800 shares. Waldron Lp stated it has 0.19% of its portfolio in Visa Inc. (NYSE:V). Johnson Inv Counsel holds 0.04% or 13,473 shares. Private Advisor Gp Lc stated it has 126,896 shares. Blume Management invested in 0.14% or 2,562 shares. Avalon Advisors Limited Company holds 196,244 shares or 0.66% of its portfolio. Japan-based Mu Limited has invested 0.05% in Visa Inc. (NYSE:V). Fred Alger Mgmt holds 6.60M shares or 3.25% of its portfolio. The Virginia-based Pettyjohn Wood White has invested 1.56% in Visa Inc. (NYSE:V). Shell Asset Management Co reported 124,494 shares. De Burlo Group Inc owns 3.93% invested in Visa Inc. (NYSE:V) for 168,700 shares.

Among 40 analysts covering Visa Inc. (NYSE:V), 33 have Buy rating, 0 Sell and 7 Hold. Therefore 83% are positive. Visa Inc. had 96 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained the shares of V in report on Thursday, October 26 with “Overweight” rating. As per Friday, July 21, the company rating was maintained by Cowen & Co. The rating was maintained by Stifel Nicolaus on Friday, February 3 with “Buy”. Keefe Bruyette & Woods maintained Visa Inc. (NYSE:V) rating on Thursday, December 21. Keefe Bruyette & Woods has “Buy” rating and $141.0 target. Piper Jaffray maintained the shares of V in report on Friday, October 13 with “Buy” rating. Stifel Nicolaus maintained Visa Inc. (NYSE:V) rating on Friday, July 22. Stifel Nicolaus has “Buy” rating and $91 target. JP Morgan upgraded the stock to “Overweight” rating in Monday, June 6 report. Guggenheim downgraded Visa Inc. (NYSE:V) on Tuesday, October 25 to “Neutral” rating. The firm has “Buy” rating by Jefferies given on Monday, October 30. The stock has “Buy” rating by Oppenheimer on Wednesday, October 25.

Waratah Capital Advisors Ltd decreased Waste Connections Inc stake by 27,214 shares to 150,247 valued at $10.51 million in 2017Q3. It also reduced Canadian Nat Res Ltd (NYSE:CNQ) stake by 103,272 shares and now owns 420,600 shares. Aramark (NYSE:ARMK) was reduced too.

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