Waddell & Reed Financial Lifted Oge Energy (OGE) Position by $389,440 as Stock Rose; Broderick Brian C Has Cut Mastercard (MA) Stake by $742,175; Shares Rose

June 14, 2018 - By Vivian Currie

Mastercard Incorporated (NYSE:MA) Logo

Broderick Brian C decreased its stake in Mastercard (MA) by 7.03% based on its latest 2018Q1 regulatory filing with the SEC. Broderick Brian C sold 4,241 shares as the company’s stock rose 7.48% while stock markets declined. The institutional investor held 56,049 shares of the business services company at the end of 2018Q1, valued at $9.82M, down from 60,290 at the end of the previous reported quarter. Broderick Brian C who had been investing in Mastercard for a number of months, seems to be less bullish one the $208.78 billion market cap company. The stock increased 0.29% or $0.58 during the last trading session, reaching $199.99. About 1.36M shares traded. Mastercard Incorporated (NYSE:MA) has risen 56.80% since June 14, 2017 and is uptrending. It has outperformed by 44.23% the S&P500.

Waddell & Reed Financial Inc increased its stake in Oge Energy Corp (OGE) by 4.11% based on its latest 2018Q1 regulatory filing with the SEC. Waddell & Reed Financial Inc bought 12,170 shares as the company’s stock rose 6.54% while stock markets declined. The institutional investor held 307,975 shares of the central company at the end of 2018Q1, valued at $10.09M, up from 295,805 at the end of the previous reported quarter. Waddell & Reed Financial Inc who had been investing in Oge Energy Corp for a number of months, seems to be bullish on the $6.90 billion market cap company. The stock increased 1.53% or $0.52 during the last trading session, reaching $34.52. About 754,173 shares traded. OGE Energy Corp. (NYSE:OGE) has declined 2.52% since June 14, 2017 and is downtrending. It has underperformed by 15.09% the S&P500. Some Historical OGE News: 03/05/2018 – OGE Energy 1Q EPS 27c; 17/05/2018 – OGE CEO tells shareholders company’s core is “rock solid”; 05/03/2018 S&P REVISES OGE ENERGY CORP. OUTLOOK TO ‘NEGATIVE’ FROM ‘STABLE’; RATING ‘A-‘; 03/05/2018 – OGE Energy 1Q Net $55M; 04/04/2018 – OG&E completes Mustang Energy Center; 03/05/2018 – OGE ENERGY CORP – COMPANY REAFFIRMS 2018 EARNINGS GUIDANCE BETWEEN $1.90 TO $2.05 PER AVERAGE DILUTED SHARE; 11/04/2018 – OGE recognized as a 2020 Women on Boards Winning Company; 08/03/2018 – New 10-Megawatt SunPower® Solar Plant Generating Power for OG&E; 22/04/2018 – DJ OGE Energy Corp, Inst Holders, 1Q 2018 (OGE); 13/03/2018 – OGE Energy Closes Above 50-Day Moving Average: Technicals

Since January 2, 2018, it had 0 insider buys, and 8 selling transactions for $59.23 million activity. Vosburg Craig also sold $3.25 million worth of Mastercard Incorporated (NYSE:MA) shares. Another trade for 5,000 shares valued at $866,104 was sold by Haythornthwaite Richard. The insider Murphy Timothy H sold 30,628 shares worth $5.53M. BANGA AJAY sold $44.45 million worth of stock or 239,020 shares. $741,960 worth of Mastercard Incorporated (NYSE:MA) shares were sold by Fraccaro Michael. The insider McLaughlin Edward Grunde sold 17,167 shares worth $2.61 million.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Streetinsider.com which released: “First Data (FDC) Announces Collaboration with Mastercard (MA) to Provide Digital Disbursements to Clients” on June 13, 2018, also Seekingalpha.com with their article: “Mastercard: Is It Overvalued?” published on May 16, 2018, Seekingalpha.com published: “Why I Would Still Choose Mastercard Over Visa” on May 28, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard – Priceless” published on May 29, 2018 as well as Seekingalpha.com‘s news article titled: “Mastercard, Inc. (MA) Management Presents at William Blair Growth Stock Brokers Conference (Transcript)” with publication date: June 13, 2018.

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 firm has “Buy” rating given on Thursday, December 17 by Sterne Agee CRT. The rating was maintained by Oppenheimer on Thursday, July 27 with “Buy”. FBR Capital maintained Mastercard Incorporated (NYSE:MA) on Thursday, July 30 with “Mkt Perform” rating. The firm earned “Outperform” rating on Friday, January 20 by Wedbush. The firm has “Outperform” rating by RBC Capital Markets given on Monday, October 31. Bank of America maintained it with “Buy” rating and $210 target in Friday, May 4 report. The company was maintained on Friday, April 29 by Citigroup. The firm has “Buy” rating given on Thursday, February 1 by Guggenheim. Cowen & Co maintained the shares of MA in report on Thursday, July 27 with “Buy” rating. Bank of America upgraded Mastercard Incorporated (NYSE:MA) on Thursday, December 15 to “Buy” rating.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on July, 26. They expect $1.54 earnings per share, up 40.00% or $0.44 from last year’s $1.1 per share. MA’s profit will be $1.61B for 32.47 P/E if the $1.54 EPS becomes a reality. After $1.50 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 2.67% EPS growth.

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.05, from 0.91 in 2017Q4. It is negative, as 47 investors sold MA shares while 533 reduced holdings. 121 funds opened positions while 378 raised stakes. 750.68 million shares or 1.84% less from 764.78 million shares in 2017Q4 were reported. Axiom Int Limited Liability Company De invested in 7,963 shares or 0.03% of the stock. Smith Salley And Associate owns 57,434 shares. Quantitative Systematic Strategies Limited Com stated it has 6,428 shares or 0.24% of all its holdings. Menora Mivtachim Holding Ltd holds 1.83% or 329,380 shares. Jolley Asset Limited Liability Company stated it has 0% of its portfolio in Mastercard Incorporated (NYSE:MA). Ems Capital Limited Partnership, New York-based fund reported 603,250 shares. Natl Mutual Ins Federation Of Agricultural Cooperatives stated it has 33,000 shares or 0.1% of all its holdings. Wasatch Advisors has 12,285 shares for 0.03% of their portfolio. Natixis invested in 0.12% or 116,324 shares. Middleton & Ma invested 0.09% in Mastercard Incorporated (NYSE:MA). Chevy Chase Tru holds 817,221 shares. Highstreet Asset Management accumulated 15,497 shares. Comerica Securities owns 0.19% invested in Mastercard Incorporated (NYSE:MA) for 8,756 shares. Sather Finance Inc owns 2.51% invested in Mastercard Incorporated (NYSE:MA) for 61,189 shares. Trustmark National Bank Department has invested 0.07% in Mastercard Incorporated (NYSE:MA).

Investors sentiment decreased to 1.01 in 2018 Q1. Its down 0.08, from 1.09 in 2017Q4. It dived, as 31 investors sold OGE shares while 113 reduced holdings. 47 funds opened positions while 98 raised stakes. 123.38 million shares or 1.56% more from 121.48 million shares in 2017Q4 were reported. Citigroup invested in 0% or 160,926 shares. Greenwich Wealth Management Ltd Liability Company accumulated 0.03% or 6,426 shares. Mercer Cap Advisers owns 0.17% invested in OGE Energy Corp. (NYSE:OGE) for 7,214 shares. Tiaa Cref Investment Mngmt Limited Liability Company accumulated 729,883 shares. Luminus Mgmt Limited has 643,870 shares. Profund Advisors Ltd holds 0.04% in OGE Energy Corp. (NYSE:OGE) or 30,262 shares. Argi Inv Ltd Limited Liability Company owns 33,307 shares or 0.07% of their US portfolio. Hightower Advisors Limited Liability reported 24,384 shares or 0.01% of all its holdings. Art Advsr Limited Liability Company invested 0.02% in OGE Energy Corp. (NYSE:OGE). Shine Investment Advisory Svcs invested 0% of its portfolio in OGE Energy Corp. (NYSE:OGE). Huntington Bank has 0% invested in OGE Energy Corp. (NYSE:OGE) for 3,400 shares. Cipher Capital Lp invested in 0.07% or 18,092 shares. Trexquant LP holds 0.11% in OGE Energy Corp. (NYSE:OGE) or 49,508 shares. Alpha Windward Ltd Liability Corporation holds 0% or 241 shares in its portfolio. 42,842 were reported by Td Asset Mgmt.

Waddell & Reed Financial Inc, which manages about $14.31 billion and $44.04 billion US Long portfolio, decreased its stake in Gallagher Arthur J & Co (NYSE:AJG) by 36,960 shares to 273,786 shares, valued at $18.82 million in 2018Q1, according to the filing. It also reduced its holding in Cinemark Holdings Inc (NYSE:CNK) by 20,850 shares in the quarter, leaving it with 251,990 shares, and cut its stake in Target Corp (NYSE:TGT).

Since February 26, 2018, it had 2 insider purchases, and 0 sales for $63,162 activity. On Monday, February 26 Clarke Peter D. bought $59,934 worth of OGE Energy Corp. (NYSE:OGE) or 1,850 shares.

Among 11 analysts covering OGE Energy (NYSE:OGE), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. OGE Energy had 23 analyst reports since August 7, 2015 according to SRatingsIntel. Jefferies maintained OGE Energy Corp. (NYSE:OGE) on Friday, July 21 with “Hold” rating. As per Friday, June 9, the company rating was maintained by Jefferies. The stock of OGE Energy Corp. (NYSE:OGE) earned “Hold” rating by Wunderlich on Thursday, December 3. The rating was maintained by Wunderlich with “Hold” on Friday, November 6. The rating was upgraded by Goldman Sachs to “Buy” on Wednesday, January 10. The company was upgraded on Thursday, January 18 by Bank of America. The firm has “Hold” rating given on Wednesday, October 18 by KeyBanc Capital Markets. Wells Fargo downgraded the shares of OGE in report on Friday, October 6 to “Market Perform” rating. The stock has “Hold” rating by Argus Research on Monday, April 11. The firm has “Hold” rating by Goldman Sachs given on Thursday, July 20.

More news for OGE Energy Corp. (NYSE:OGE) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in The Trade Desk, Walker & Dunlop, Fairmount Santrol, OGE Energy, Acushnet …” on May 16, 2018. Prnewswire.com‘s article titled: “OGE Mustang Energy Center rate review agreement to save residential customers on average $4.44 per month” and published on June 13, 2018 is yet another important article.

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

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