CRH Medical (TSE:CRH) Hit By Scotia Capital Downgrade. Has $8.00 Target; Dana Investment Advisors Lifted By $1.15 Million Its Visa (V) Position

July 17, 2017 - By Marie Mckinney

Dana Investment Advisors Inc increased Visa Inc (V) stake by 18.8% reported in 2016Q4 SEC filing. Dana Investment Advisors Inc acquired 14,750 shares as Visa Inc (V)’s stock rose 5.74%. The Dana Investment Advisors Inc holds 93,220 shares with $7.27 million value, up from 78,470 last quarter. Visa Inc now has $225.79B valuation. The stock increased 1.03% or $0.99 during the last trading session, reaching $96.93. About 12 shares traded. Visa Inc (NYSE:V) has risen 20.29% since July 17, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Scotia Capital cut the shares of CRH Medical (TSE:CRH) from a Outperform rating to Sector Perform rating in a analysts note shared with investors on Friday, 14 July. The broker now has a $8.00 price target on firm.

CRH Medical Corporation is a Canada healthcare services and products company. The company has market cap of $249.61 million. The Firm focused on providing physicians with services and products for the treatment of gastrointestinal diseases. It has a 30.54 P/E ratio. The Firm also provides anesthesiology services to gastroenterologists in the United States through its subsidiaries.

Investors sentiment decreased to 0.92 in Q4 2016. Its down 0.40, from 1.32 in 2016Q3. It dived, as 15 investors sold CRH Medical Corp shares while 50 reduced holdings. 25 funds opened positions while 35 raised stakes. 37.63 million shares or 27.76% less from 52.08 million shares in 2016Q3 were reported. Princeton Alpha Limited Partnership stated it has 0.06% in CRH Medical Corp (TSE:CRH). Barrow Hanley Mewhinney & Strauss Ltd invested in 6.73 million shares or 0.35% of the stock. Bollard Grp Incorporated Ltd Company accumulated 57,124 shares. Wellington Mngmt Grp Ltd Liability Partnership holds 0.01% of its portfolio in CRH Medical Corp (TSE:CRH) for 902,862 shares. Wetherby Asset reported 0.08% of its portfolio in CRH Medical Corp (TSE:CRH). Timber Hill Ltd Co reported 17,574 shares. Northwestern Mutual Wealth Mngmt Communication reported 800 shares. Private Financial Bank Trust accumulated 0.05% or 9,274 shares. Bessemer Grp has 1,763 shares for 0% of their portfolio. Texas Yale Cap has invested 0.05% in CRH Medical Corp (TSE:CRH). Kcg invested in 8,194 shares. Stifel Financial Corp stated it has 30,147 shares or 0% of all its holdings. Smithfield Trust Company reported 0.01% of its portfolio in CRH Medical Corp (TSE:CRH). Tower Ltd Liability Corporation (Trc) holds 0.01% of its portfolio in CRH Medical Corp (TSE:CRH) for 3,097 shares. Neuberger Berman Group Inc Lc holds 0% or 7,331 shares in its portfolio.

Among 3 analysts covering CRH Medical (TSE:CRH), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. CRH Medical has $12 highest and $5.90 lowest target. $8.48’s average target is 78.90% above currents $4.74 stock price. CRH Medical had 13 analyst reports since November 26, 2015 according to SRatingsIntel. On Friday, July 14 the stock rating was downgraded by Scotia Capital to “Sector Perform”. The rating was maintained by TD Securities with “Buy” on Friday, April 28. The firm has “Buy” rating by TD Securities given on Monday, January 30. The firm earned “Outperform” rating on Wednesday, January 25 by Scotia Capital. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, January 30.

The stock decreased 28.40% or $1.88 on July 14, reaching $4.74. About shares traded. CRH Medical Corp (TSE:CRH) has 0.00% since July 17, 2016 and is . It has underperformed by 16.70% the S&P500.

Among 27 analysts covering Visa Inc. (NYSE:V), 22 have Buy rating, 0 Sell and 5 Hold. Therefore 81% are positive. Visa Inc. had 52 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of V in report on Friday, June 23 with “Outperform” rating. The stock of Visa Inc (NYSE:V) has “Buy” rating given on Monday, December 5 by Guggenheim. Guggenheim initiated Visa Inc (NYSE:V) on Thursday, October 8 with “Buy” rating. The firm earned “Outperform” rating on Friday, January 20 by Wedbush. UBS initiated Visa Inc (NYSE:V) on Wednesday, December 16 with “Buy” rating. As per Thursday, February 11, the company rating was downgraded by Bank of America. The stock has “Hold” rating by Vetr on Tuesday, September 1. The stock of Visa Inc (NYSE:V) has “Buy” rating given on Thursday, June 22 by RBC Capital Markets. Oppenheimer maintained Visa Inc (NYSE:V) on Friday, June 23 with “Buy” rating. Bank of America upgraded the stock to “Buy” rating in Thursday, December 15 report.

Investors sentiment increased to 1.05 in 2016 Q4. Its up 0.12, from 0.93 in 2016Q3. It increased, as 86 investors sold V shares while 540 reduced holdings. 132 funds opened positions while 525 raised stakes. 1.69 billion shares or 1.50% more from 1.66 billion shares in 2016Q3 were reported. Johnson Group reported 20,407 shares. Toronto Dominion National Bank accumulated 0.09% or 399,018 shares. Howard Hughes Med Institute invested in 2.74% or 153,983 shares. Zevenbergen Cap Invests Ltd Limited Liability Company invested 0.26% in Visa Inc (NYSE:V). Jolley Asset Ltd Company owns 0.01% invested in Visa Inc (NYSE:V) for 110 shares. Waldron Ltd Partnership holds 0.15% or 5,539 shares in its portfolio. Bridgecreek Lc stated it has 0.6% of its portfolio in Visa Inc (NYSE:V). Van Hulzen Asset Limited Company reported 143,838 shares. Suffolk Cap Mgmt Limited Com has 79,907 shares for 0.85% of their portfolio. Boston Family Office Ltd Liability Company invested 0.49% of its portfolio in Visa Inc (NYSE:V). Beach Management Lc, a Pennsylvania-based fund reported 25,930 shares. Amalgamated Bancorporation has 0.73% invested in Visa Inc (NYSE:V) for 206,041 shares. Bahl Gaynor Inc, a Ohio-based fund reported 30,296 shares. Ny State Common Retirement Fund holds 0.63% of its portfolio in Visa Inc (NYSE:V) for 5.69 million shares. Crow Point Ptnrs Ltd Liability has invested 3.43% in Visa Inc (NYSE:V).

Dana Investment Advisors Inc decreased Neenah Paper Inc (NYSE:NP) stake by 7,530 shares to 110,182 valued at $9.39M in 2016Q4. It also reduced Cinemark Holdings Inc (NYSE:CNK) stake by 12,921 shares and now owns 263,247 shares. Lam Research Corp (NASDAQ:LRCX) was reduced too.

Since February 6, 2017, it had 0 insider buys, and 2 sales for $11.71 million activity. HOFFMEISTER JAMES H had sold 11,139 shares worth $957,390 on Monday, February 6. $10.75 million worth of Visa Inc (NYSE:V) shares were sold by Sheedy William M..

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