Mastercard (MA) Market Valuation Rose While Clarkston Capital Partners Lowered Stake; J-P Marvel Investment Advisors Has Lowered Its General Electric Co (GE) Position by $1.29 Million

January 24, 2018 - By Henry Gaston

J-P Marvel Investment Advisors Llc decreased its stake in General Electric Co (GE) by 21.34% based on its latest 2017Q3 regulatory filing with the SEC. J-P Marvel Investment Advisors Llc sold 53,924 shares as the company’s stock declined 7.64% while stock markets rallied. The hedge fund held 198,798 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $4.81M, down from 252,722 at the end of the previous reported quarter. J-P Marvel Investment Advisors Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $146.47 billion market cap company. The stock increased 4.45% or $0.72 during the last trading session, reaching $16.89. About 123.24M shares traded or 38.47% up from the average. General Electric Company (NYSE:GE) has declined 4.46% since January 24, 2017 and is downtrending. It has underperformed by 21.16% the S&P500.

Clarkston Capital Partners Llc decreased its stake in Mastercard Incorporated (MA) by 16.9% based on its latest 2017Q3 regulatory filing with the SEC. Clarkston Capital Partners Llc sold 15,840 shares as the company’s stock rose 7.46% with the market. The institutional investor held 77,895 shares of the business services company at the end of 2017Q3, valued at $11.00 million, down from 93,735 at the end of the previous reported quarter. Clarkston Capital Partners Llc who had been investing in Mastercard Incorporated for a number of months, seems to be less bullish one the $177.00 billion market cap company. The stock decreased 0.65% or $1.09 during the last trading session, reaching $167.19. About 3.04M shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 24, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Among 27 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 5 Sell and 13 Hold. Therefore 33% are positive. General Electric Company had 83 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of GE in report on Wednesday, October 11 with “Buy” rating. The stock has “Hold” rating by Standpoint Research on Thursday, June 29. As per Monday, October 19, the company rating was maintained by RBC Capital Markets. Barclays Capital maintained the stock with “Overweight” rating in Monday, October 5 report. The stock of General Electric Company (NYSE:GE) earned “Outperform” rating by Credit Suisse on Monday, November 23. On Monday, April 4 the stock rating was downgraded by Bernstein to “Market Perform”. On Monday, August 7 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Hold” rating by Oppenheimer given on Monday, July 24. The rating was maintained by Stifel Nicolaus on Wednesday, October 14 with “Buy”. RBC Capital Markets maintained it with “Outperform” rating and $35 target in Monday, April 24 report.

Since August 8, 2017, it had 2 buys, and 1 sale for $4.48 million activity. TISCH JAMES S had bought 100,000 shares worth $2.46 million on Tuesday, August 22. Flannery John Leonard also bought $2.66M worth of General Electric Company (NYSE:GE) on Tuesday, August 8.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.10, from 0.79 in 2017Q2. It dropped, as 112 investors sold GE shares while 818 reduced holdings. 118 funds opened positions while 525 raised stakes. 4.70 billion shares or 1.82% more from 4.61 billion shares in 2017Q2 were reported. Contravisory Inv Mngmt owns 4,200 shares for 0.04% of their portfolio. Gfs Ltd Liability Corporation invested 3.48% of its portfolio in General Electric Company (NYSE:GE). Fukoku Mutual Life Insur owns 37,200 shares. Tiedemann Wealth Limited Company has invested 0.3% in General Electric Company (NYSE:GE). Citizens Northern owns 85,043 shares. Telemus Capital Ltd Liability Corporation has 32,986 shares for 0.13% of their portfolio. Front Barnett Associate Ltd Liability Com invested in 0.33% or 77,282 shares. Cypress Asset Mngmt Incorporated Tx has 312,725 shares. Knott David M owns 0.3% invested in General Electric Company (NYSE:GE) for 28,680 shares. Moreover, Lourd Cap Ltd Liability has 0.15% invested in General Electric Company (NYSE:GE) for 71,233 shares. Caxton Associates Lp holds 25,600 shares or 0.02% of its portfolio. Farmers Trust stated it has 1.76% of its portfolio in General Electric Company (NYSE:GE). Sol Capital reported 0.88% stake. Wealthtrust Axiom Lc reported 216,161 shares. Roundview Capital Ltd Company accumulated 106,339 shares or 0.84% of the stock.

J-P Marvel Investment Advisors Llc, which manages about $413.43 million and $314.33M US Long portfolio, upped its stake in Apple Computer Inc (NASDAQ:AAPL) by 4,613 shares to 57,005 shares, valued at $8.79M in 2017Q3, according to the filing.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on January, 30. They expect $1.12 EPS, up 30.23% or $0.26 from last year’s $0.86 per share. MA’s profit will be $1.19B for 37.32 P/E if the $1.12 EPS becomes a reality. After $1.34 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth.

Investors sentiment increased to 0.89 in Q3 2017. 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. Ameriprise Fincl Incorporated owns 9.23M shares or 0.62% of their US portfolio. Profund Advisors Limited Liability Corporation owns 0.14% invested in Mastercard Incorporated (NYSE:MA) for 23,757 shares. 416 were reported by Lenox Wealth Management. Wisconsin-based Dana Advisors has invested 1% in Mastercard Incorporated (NYSE:MA). Ironwood Lc reported 61 shares stake. Moreover, Bank & Trust Incorporated has 0.09% invested in Mastercard Incorporated (NYSE:MA). South Texas Money Management has 2,263 shares. Wagner Bowman Mgmt Corp holds 0.24% or 6,215 shares. Stoneridge Investment Ptnrs Ltd Co has 0.04% invested in Mastercard Incorporated (NYSE:MA) for 1,766 shares. Maverick Capital Limited has invested 0.03% in Mastercard Incorporated (NYSE:MA). Clarivest Asset Mngmt Ltd Llc stated it has 1.1% of its portfolio in Mastercard Incorporated (NYSE:MA). Moreover, Fairview Invest Ltd Liability Corp has 0.16% invested in Mastercard Incorporated (NYSE:MA). Wealthfront stated it has 35,354 shares. Norris Perne & French Llp Mi, Michigan-based fund reported 3,150 shares. Zeke Advisors Ltd has invested 0.31% in Mastercard Incorporated (NYSE:MA).

Clarkston Capital Partners Llc, which manages about $457.76 million and $2.43 billion US Long portfolio, upped its stake in C H Robinson Worldwide Inc (NASDAQ:CHRW) by 366,756 shares to 1.44M shares, valued at $109.72M in 2017Q3, according to the filing. It also increased its holding in Legg Mason Inc (NYSE:LM) by 159,884 shares in the quarter, for a total of 3.18 million shares, and has risen its stake in Facebook Inc (NASDAQ:FB).

Among 37 analysts covering Mastercard Incorporated (NYSE:MA), 34 have Buy rating, 0 Sell and 3 Hold. Therefore 92% are positive. Mastercard Incorporated had 100 analyst reports since July 21, 2015 according to SRatingsIntel. UBS initiated the stock with “Buy” rating in Wednesday, December 16 report. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods. The rating was downgraded by Vetr on Monday, August 31 to “Buy”. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by S&P Research on Friday, July 31. Evercore maintained it with “Buy” rating and $124 target in Monday, September 7 report. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Jefferies on Tuesday, August 25. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Citigroup on Friday, April 29. BMO Capital Markets maintained it with “Outperform” rating and $137 target in Friday, July 28 report. The firm earned “Buy” rating on Thursday, September 28 by Cantor Fitzgerald. The firm earned “Mkt Perform” rating on Thursday, July 30 by FBR Capital.

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