Ashmore Wealth Management Cut Mastercard (MA) Holding; Nuveen Preferred Income Opportunities Fund Has 0.97 Sentiment

March 21, 2018 - By Hazel Jackson

Ashmore Wealth Management Llc decreased Mastercard Inc (MA) stake by 18.13% reported in 2017Q3 SEC filing. Ashmore Wealth Management Llc sold 107,732 shares as Mastercard Inc (MA)’s stock rose 7.46%. The Ashmore Wealth Management Llc holds 486,473 shares with $68.69M value, down from 594,205 last quarter. Mastercard Inc now has $192.22 billion valuation. The stock increased 0.18% or $0.32 during the last trading session, reaching $182.83. About 1.22 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since March 21, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

The stock decreased 0.29% or $0.03 during the last trading session, reaching $9.73. About 56,348 shares traded. Nuveen Preferred Income Opportunities Fund (JPC) has risen 5.85% since March 21, 2017 and is uptrending. It has underperformed by 10.85% the S&P500.

Jacobus Wealth Management Inc. holds 1.83% of its portfolio in Nuveen Preferred Income Opportunities Fund for 661,222 shares. Orinda Asset Management Llc owns 140,000 shares or 1.36% of their US portfolio. Moreover, E&G Advisors Lp has 0.96% invested in the company for 201,500 shares. The Virginia-based Dixon Hubard Feinour & Brown Inc Va has invested 0.8% in the stock. Investors Asset Management Of Georgia Inc Ga Adv, a Georgia-based fund reported 99,420 shares.

Since September 21, 2017, it had 0 buys, and 4 sales for $5.26 million activity. The insider CARLUCCI DAVID R sold 5,950 shares worth $1.09 million. Fraccaro Michael sold $856,027 worth of stock. $712,540 worth of Mastercard Incorporated (NYSE:MA) was sold by Haythornthwaite Richard. McLaughlin Edward Grunde sold $2.61 million worth of stock or 17,167 shares. The insider Vosburg Craig sold 14,200 shares worth $2.01 million.

Among 40 analysts covering Mastercard Incorporated (NYSE:MA), 36 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Mastercard Incorporated had 121 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given on Friday, July 31 by S&P Research. Piper Jaffray maintained the shares of MA in report on Tuesday, October 31 with “Buy” rating. As per Monday, August 31, the company rating was downgraded by Vetr. The firm has “Buy” rating by Cowen & Co given on Wednesday, September 6. The firm earned “Buy” rating on Friday, September 8 by Nomura. The rating was maintained by RBC Capital Markets on Wednesday, July 5 with “Buy”. Sandler O’Neill upgraded Mastercard Incorporated (NYSE:MA) rating on Thursday, February 1. Sandler O’Neill has “Hold” rating and $182.0 target. The stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given on Wednesday, November 1 by KeyBanc Capital Markets. The rating was maintained by Piper Jaffray on Thursday, January 18 with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $115 target in Monday, October 31 report.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on May, 1. They expect $1.25 earnings per share, up 23.76% or $0.24 from last year’s $1.01 per share. MA’s profit will be $1.31 billion for 36.57 P/E if the $1.25 EPS becomes a reality. After $1.14 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 9.65% EPS growth.

Investors sentiment increased to 0.91 in Q3 2017. Its up 0.02, from 0.89 in 2017Q2. It increased, 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. Azimuth Capital Management Ltd Liability Corp reported 4,735 shares stake. Blb&B Ltd Liability Company owns 3,030 shares. National Bank & Trust Of Nova Scotia holds 0.16% or 192,867 shares in its portfolio. Thrivent Financial For Lutherans holds 1.70 million shares or 0.85% of its portfolio. Commonwealth Equity Service stated it has 0.1% in Mastercard Incorporated (NYSE:MA). Ruane Cunniff And Goldfarb has invested 5.01% in Mastercard Incorporated (NYSE:MA). R G Niederhoffer Cap Mgmt invested in 6,400 shares or 5.82% of the stock. 4.82M were accumulated by Invesco Limited. Fukoku Mutual Life Ins Co owns 4,000 shares for 0.08% of their portfolio. Palisades Hudson Asset Ltd Partnership has 0.14% invested in Mastercard Incorporated (NYSE:MA) for 1,717 shares. State Of New Jersey Common Pension Fund D holds 0.37% or 655,000 shares. Deutsche Bankshares Ag holds 0.16% of its portfolio in Mastercard Incorporated (NYSE:MA) for 1.66 million shares. Moreover, Insight Rech And has 1.2% invested in Mastercard Incorporated (NYSE:MA). Westend Advsrs Limited Liability Company has 396,132 shares for 4.91% of their portfolio. 40,529 were accumulated by Diversified Tru Co.

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