As Mastercard Incorporated (MA) Market Value Rose, Holder State Board Of Administration Of Florida Retirement System Has Decreased Stake by $3.57 Million

January 14, 2018 - By Adrian Mccoy

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.01, from 0.88 in 2017Q2. It improved, as 39 investors sold MA shares while 488 reduced holdings. 103 funds opened positions while 367 raised stakes. 779.91 million shares or 1.33% less from 790.40 million shares in 2017Q2 were reported. Neuberger Berman Gp Ltd Liability reported 1.62 million shares. Guardian Capital Ltd Partnership reported 2,150 shares. Koch Inc holds 8,894 shares. Moreover, Harvey Cap Mgmt Inc has 0.34% invested in Mastercard Incorporated (NYSE:MA) for 6,000 shares. 709,644 are held by Weitz Investment Mgmt. Sky Investment Gru owns 26,270 shares. Inspirion Wealth Limited Liability, Illinois-based fund reported 6,100 shares. Hgk Asset Management stated it has 91,220 shares or 1.83% of all its holdings. Schmidt P J Invest Management holds 0.55% of its portfolio in Mastercard Incorporated (NYSE:MA) for 13,107 shares. Mitchell Sinkler And Starr Pa reported 1.14% in Mastercard Incorporated (NYSE:MA). Archford Cap Strategies Ltd Liability reported 2,816 shares or 0.15% of all its holdings. Westend Advsr Ltd holds 4.91% of its portfolio in Mastercard Incorporated (NYSE:MA) for 396,132 shares. Utah Retirement stated it has 0.55% of its portfolio in Mastercard Incorporated (NYSE:MA). Lone Pine Cap Ltd Liability Co, Connecticut-based fund reported 4.49M shares. Country Trust Commercial Bank accumulated 0% or 46 shares.

Since July 31, 2017, it had 0 insider purchases, and 8 selling transactions for $48.22 million activity. Shares for $11.29M were sold by Mastercard Foundation on Monday, July 31. $2.61M worth of Mastercard Incorporated (NYSE:MA) was sold by McLaughlin Edward Grunde on Tuesday, January 2. $11.83M worth of stock was sold by HUNDMEJEAN MARTINA on Wednesday, August 2. $2.01M worth of Mastercard Incorporated (NYSE:MA) was sold by Vosburg Craig on Thursday, September 21. Fraccaro Michael had sold 5,800 shares worth $856,027.

State Board Of Administration Of Florida Retirement System decreased its stake in Mastercard Incorporated (MA) by 1.78% based on its latest 2017Q3 regulatory filing with the SEC. State Board Of Administration Of Florida Retirement System sold 25,320 shares as the company’s stock rose 7.46% with the market. The institutional investor held 1.39 million shares of the business services company at the end of 2017Q3, valued at $196.95 million, down from 1.42M at the end of the previous reported quarter. State Board Of Administration Of Florida Retirement System who had been investing in Mastercard Incorporated for a number of months, seems to be less bullish one the $171.85B market cap company. The stock increased 0.88% or $1.41 during the last trading session, reaching $162.33. About 3.04 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 14, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

State Board Of Administration Of Florida Retirement System, which manages about $36.69 billion US Long portfolio, upped its stake in Walgreens Boots Alliance Inc by 50,269 shares to 1.30 million shares, valued at $100.15M in 2017Q3, according to the filing. It also increased its holding in Digital Rlty Tr Inc (NYSE:DLR) by 60,168 shares in the quarter, for a total of 303,427 shares, and has risen its stake in Berkshire Hathaway Inc Del (BRKB).

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on January, 30. They expect $1.12 earnings per share, up 30.23 % or $0.26 from last year’s $0.86 per share. MA’s profit will be $1.19 billion for 36.23 P/E if the $1.12 EPS becomes a reality. After $1.34 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42 % negative EPS growth.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Benzinga.com which released: “Jacobs Engineering, Mastercard, NRG Energy: ‘Fast Money Halftime Report …” on January 11, 2018, also Nasdaq.com with their article: “The Zacks Analyst Blog Highlights: Mastercard, Total System, WEX and Western Union” published on January 12, 2018, Seekingalpha.com published: “Answer To The Criticism On Mastercard And Visa Thesis” on December 21, 2017. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard And Visa Risk Losing A Key Market” published on December 19, 2017 as well as Fool.com‘s news article titled: “How Recent Acquisitions Are Powering Mastercard’s Growth” with publication date: December 27, 2017.

Mastercard Incorporated (NYSE:MA) Ratings Coverage

Among 37 analysts covering Mastercard Incorporated (NYSE:MA), 34 have Buy rating, 0 Sell and 3 Hold. Therefore 92% are positive. Mastercard Incorporated had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Monday, October 31 with “Outperform”. As per Tuesday, October 31, the company rating was maintained by Cowen & Co. The firm earned “Buy” rating on Monday, October 30 by Bernstein. On Friday, June 16 the stock rating was maintained by RBC Capital Markets with “Top Pick”. The firm has “Neutral” rating given on Friday, October 30 by Wedbush. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Stephens on Tuesday, January 9. The stock of Mastercard Incorporated (NYSE:MA) earned “Outperform” rating by Cowen & Co on Wednesday, September 30. The firm has “Buy” rating by Wells Fargo given on Wednesday, October 11. The stock has “Buy” rating by Bank of America on Thursday, December 15. BMO Capital Markets maintained Mastercard Incorporated (NYSE:MA) rating on Wednesday, November 1. BMO Capital Markets has “Outperform” rating and $174 target.

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