As Facebook (FB) Share Price Declined, Professional Advisory Services Raised Stake by $1.13 Million; Mastercard (MA) Shareholder South State Has Cut Holding by $361,192 as Stock Rose

May 18, 2018 - By Peter Erickson

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South State Corp decreased its stake in Mastercard Inc (MA) by 3.93% based on its latest 2017Q4 regulatory filing with the SEC. South State Corp sold 2,392 shares as the company’s stock rose 14.37% while stock markets declined. The institutional investor held 58,405 shares of the business services company at the end of 2017Q4, valued at $8.84M, down from 60,797 at the end of the previous reported quarter. South State Corp who had been investing in Mastercard Inc for a number of months, seems to be less bullish one the $199.61 billion market cap company. The stock decreased 0.61% or $1.18 during the last trading session, reaching $191.2. About 2.38 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since May 18, 2017 and is uptrending. It has outperformed by 42.57% the S&P500.

Professional Advisory Services Inc increased its stake in Facebook Inc (FB) by 6.98% based on its latest 2017Q4 regulatory filing with the SEC. Professional Advisory Services Inc bought 6,444 shares as the company’s stock declined 14.10% with the market. The institutional investor held 98,743 shares of the technology company at the end of 2017Q4, valued at $17.42 million, up from 92,299 at the end of the previous reported quarter. Professional Advisory Services Inc who had been investing in Facebook Inc for a number of months, seems to be bullish on the $531.92 billion market cap company. The stock increased 0.31% or $0.56 during the last trading session, reaching $183.76. About 13.86 million shares traded. Facebook, Inc. (NASDAQ:FB) has risen 8.48% since May 18, 2017 and is uptrending. It has underperformed by 3.07% the S&P500.

Since January 2, 2018, it had 0 buys, and 8 selling transactions for $59.23 million activity. The insider Vosburg Craig sold 17,496 shares worth $3.25M. On Monday, March 19 Murphy Timothy H sold $5.53 million worth of Mastercard Incorporated (NYSE:MA) or 30,628 shares. CARLUCCI DAVID R also sold $1.09 million worth of Mastercard Incorporated (NYSE:MA) on Friday, March 9. Fraccaro Michael sold $741,960 worth of Mastercard Incorporated (NYSE:MA) on Monday, April 30. 17,167 Mastercard Incorporated (NYSE:MA) shares with value of $2.61 million were sold by McLaughlin Edward Grunde. $44.45M worth of Mastercard Incorporated (NYSE:MA) shares were sold by BANGA AJAY.

Among 40 analysts covering Mastercard Incorporated (NYSE:MA), 35 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Mastercard Incorporated had 131 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Evercore with “Buy” on Monday, September 7. On Friday, October 30 the stock rating was maintained by Wedbush with “Neutral”. The firm earned “Buy” rating on Thursday, July 27 by RBC Capital Markets. Oppenheimer maintained Mastercard Incorporated (NYSE:MA) on Tuesday, July 18 with “Buy” rating. The firm has “Buy” rating by Bernstein given on Monday, October 30. As per Wednesday, September 6, the company rating was maintained by Wedbush. The company was maintained on Tuesday, January 9 by Wells Fargo. KeyBanc Capital Markets maintained the shares of MA in report on Thursday, September 7 with “Buy” rating. On Thursday, February 1 the stock rating was maintained by Mizuho with “Buy”. Nomura maintained Mastercard Incorporated (NYSE:MA) rating on Friday, September 8. Nomura has “Buy” rating and $163 target.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “By The Numbers: Should You Buy Mastercard Stock?” on April 26, 2018, also Seekingalpha.com with their article: “Mastercard’s Network Effect Insurmountable” published on April 24, 2018, Seekingalpha.com published: “Mastercard, Inc. 2018 Q1 – Results – Earnings Call Slides” on May 02, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard’s(MA) CEO Ajay Banga Presents at JP Morgan Global Technology, Media & Communications Brokers …” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Mastercard: Is It Overvalued?” with publication date: May 16, 2018.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on July, 26. They expect $1.54 EPS, up 40.00% or $0.44 from last year’s $1.1 per share. MA’s profit will be $1.61 billion for 31.04 P/E if the $1.54 EPS becomes a reality. After $1.50 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 2.67% EPS growth.

South State Corp, which manages about $926.19M US Long portfolio, upped its stake in Danaher Corp (NYSE:DHR) by 5,104 shares to 120,688 shares, valued at $11.20 million in 2017Q4, according to the filing. It also increased its holding in Fedex Corporation (NYSE:FDX) by 3,837 shares in the quarter, for a total of 5,254 shares, and has risen its stake in Lowes Companies Inc (NYSE:LOW).

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.02, from 0.89 in 2017Q3. It improved, as 46 investors sold MA shares while 492 reduced holdings. 131 funds opened positions while 356 raised stakes. 764.78 million shares or 1.94% less from 779.91 million shares in 2017Q3 were reported. Personal Cap Advsrs has invested 0.72% in Mastercard Incorporated (NYSE:MA). Moreover, Mark Sheptoff Financial Planning Limited has 0.08% invested in Mastercard Incorporated (NYSE:MA) for 825 shares. Noesis Capital Mangement Corp invested in 0.07% or 1,328 shares. Atria Investments Lc reported 17,953 shares. Clifford Swan Investment Counsel Ltd Liability Corp owns 0.06% invested in Mastercard Incorporated (NYSE:MA) for 7,201 shares. Mitsubishi Ufj Tru And accumulated 2.59M shares or 0.68% of the stock. Hartford Fincl has 2,870 shares for 0.21% of their portfolio. Cim Limited Liability invested in 79,967 shares. Boston Private Wealth Lc holds 0.14% of its portfolio in Mastercard Incorporated (NYSE:MA) for 25,270 shares. Veritas Investment Management (Uk) Limited reported 117,672 shares. Winslow Capital Mgmt Ltd Llc owns 2.71 million shares. Adell Harriman And Carpenter Inc, Texas-based fund reported 2,455 shares. Moneta Gru Invest Lc has 0.37% invested in Mastercard Incorporated (NYSE:MA) for 16,155 shares. 88,556 were reported by Hgk Asset Mngmt. Jacobs Levy Equity Inc has 0.53% invested in Mastercard Incorporated (NYSE:MA).

Professional Advisory Services Inc, which manages about $474.18M US Long portfolio, decreased its stake in The Jm Smucker Co. (NYSE:SJM) by 35,493 shares to 76,507 shares, valued at $9.51 million in 2017Q4, according to the filing. It also reduced its holding in Capital One Financial (NYSE:COF) by 8,591 shares in the quarter, leaving it with 151,773 shares, and cut its stake in Accenture Plc (NYSE:ACN).

Since December 7, 2017, it had 0 insider buys, and 54 insider sales for $2.31 billion activity. 145,000 shares were sold by Zuckerberg Mark, worth $24.16M. Sandberg Sheryl also sold $9.61 million worth of Facebook, Inc. (NASDAQ:FB) shares. $822,440 worth of Facebook, Inc. (NASDAQ:FB) was sold by FISCHER DAVID B. on Wednesday, April 25. Stretch Colin also sold $134,125 worth of Facebook, Inc. (NASDAQ:FB) shares. $2.83M worth of Facebook, Inc. (NASDAQ:FB) was sold by Cox Christopher K on Thursday, December 7. Koum Jan sold $231.84M worth of Facebook, Inc. (NASDAQ:FB) on Monday, May 14.

More notable recent Facebook, Inc. (NASDAQ:FB) news were published by: Investorplace.com which released: “Apple Inc. vs. Facebook, Inc.: Which is the Better Stock?” on May 16, 2018, also Livetradingnews.com with their article: “Facebook, Inc. (NASDAQ:FB) Stock Overbought” published on May 14, 2018, 247Wallst.com published: “Facebook Reshuffles Board” on May 09, 2018. More interesting news about Facebook, Inc. (NASDAQ:FB) were released by: Nasdaq.com and their article: “How to Invest Wisely in Blockchain and AI Stocks Right Now” published on May 16, 2018 as well as Livetradingnews.com‘s news article titled: “Facebook, Inc. (NASDAQ:FB) Stock Consolidating” with publication date: May 16, 2018.

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

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