Stock News

Makaira Partners Decreased Its Valmont Industries (VMI) Position by $19.85 Million; As Mastercard (MA) Share Value Rose, Shareholder Martin Investment Management Lowered Its Position

Valmont Industries, Inc. (NYSE:VMI) Logo

Martin Investment Management Llc decreased its stake in Mastercard Inc (MA) by 4.04% based on its latest 2018Q1 regulatory filing with the SEC. Martin Investment Management Llc sold 6,144 shares as the company’s stock rose 7.48% while stock markets declined. The institutional investor held 145,877 shares of the business services company at the end of 2018Q1, valued at $25.55M, down from 152,021 at the end of the previous reported quarter. Martin Investment Management Llc who had been investing in Mastercard Inc for a number of months, seems to be less bullish one the $209.09B market cap company. The stock increased 0.44% or $0.87 during the last trading session, reaching $200.28. About 1.31M 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.

Thomas Bancroft decreased its stake in Valmont Industries Inc (VMI) by 43.07% based on its latest 2018Q1 regulatory filing with the SEC. Makaira Partners Llc sold 135,930 shares as the company’s stock declined 2.33% with the market. The hedge fund run by Thomas Bancroft held 179,680 shares of the capital goods company at the end of 2018Q1, valued at $26.29 million, down from 315,610 at the end of the previous reported quarter. Makaira Partners Llc who had been investing in Valmont Industries Inc for a number of months, seems to be less bullish one the $3.41 billion market cap company. The stock decreased 0.59% or $0.9 during the last trading session, reaching $151.35. About 23,645 shares traded. Valmont Industries, Inc. (NYSE:VMI) has risen 0.24% since June 14, 2017 and is uptrending. It has underperformed by 12.33% the S&P500. Some Historical VMI News: 06/03/2018 – VALMONT SEES LONG-TERM OPERATING MARGIN GREATER 12%; 18/04/2018 – Valmont Industries 1Q Net $39.3M; 05/03/2018 Valmont Board Declares Quarterly Dividend; 30/04/2018 – Valmont Completes Divestiture of Donhad Pty. Ltd. for AUD80M in Net Proceeds; 18/04/2018 – VALMONT INDUSTRIES INC VMI.N FY2018 SHR VIEW $7.96 — THOMSON REUTERS l/B/E/S; 06/03/2018 – VALMONT REAFFIRMING FY 2018 EPS GUIDANCE; 19/04/2018 – DJ Valmont Industries Inc, Inst Holders, 1Q 2018 (VMI); 18/04/2018 – VALMONT SAYS IT MAY CONSIDER FURTHER ACTIONS TO CUT COSTS; 18/04/2018 – VALMONT 1Q EPS $1.72; 18/04/2018 – Valmont Industries Raises 2018 View To Adj EPS $8-Adj EPS $8.10

Since January 2, 2018, it had 0 buys, and 8 sales for $59.23 million activity. Another trade for 5,950 shares valued at $1.09 million was sold by CARLUCCI DAVID R. Shares for $44.45 million were sold by BANGA AJAY on Thursday, May 3. Murphy Timothy H sold $5.53M worth of stock or 30,628 shares. Vosburg Craig sold $3.25 million worth of stock or 17,496 shares. Fraccaro Michael also sold $692,252 worth of Mastercard Incorporated (NYSE:MA) shares. Haythornthwaite Richard sold $866,104 worth of stock or 5,000 shares.

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 company was maintained on Wednesday, August 30 by KeyBanc Capital Markets. The rating was maintained by KeyBanc Capital Markets with “Buy” on Wednesday, November 1. The firm has “Buy” rating given on Friday, May 4 by Bank of America. On Thursday, July 27 the stock rating was maintained by RBC Capital Markets with “Buy”. Cantor Fitzgerald maintained the stock with “Overweight” rating in Monday, October 30 report. RBC Capital Markets maintained the shares of MA in report on Friday, June 16 with “Top Pick” rating. As per Friday, February 2, the company rating was upgraded by Argus Research. The stock has “Buy” rating by Guggenheim on Thursday, October 8. The firm has “Neutral” rating given on Friday, April 29 by Wedbush. The stock of Mastercard Incorporated (NYSE:MA) earned “Overweight” rating by Piper Jaffray on Thursday, December 31.

Martin Investment Management Llc, which manages about $585.57M and $394.36 million US Long portfolio, upped its stake in Colgate (NYSE:CL) by 7,428 shares to 152,320 shares, valued at $10.92M in 2018Q1, according to the filing. It also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 12,606 shares in the quarter, for a total of 131,960 shares, and has risen its stake in Walt Disney Co/The (NYSE:DIS).

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Why I Would Still Choose Mastercard Over Visa” on May 28, 2018, also Seekingalpha.com with their article: “Mastercard – Priceless” published on May 29, 2018, Streetinsider.com published: “First Data (FDC) Announces Collaboration with Mastercard (MA) to Provide Digital Disbursements to Clients” on June 13, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard, Inc. (MA) Management Presents at William Blair Growth Stock Brokers Conference (Transcript)” published on June 13, 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 earnings per share, up 40.00% or $0.44 from last year’s $1.1 per share. MA’s profit will be $1.61 billion for 32.51 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 fall, 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. First Fincl In invested 0.13% in Mastercard Incorporated (NYSE:MA). Acadian Asset Ltd Liability Corporation reported 0.77% of its portfolio in Mastercard Incorporated (NYSE:MA). 33.72 million are held by Price T Rowe Incorporated Md. Ima Wealth Inc invested in 21,832 shares or 1.7% of the stock. Smithfield Communication owns 10,686 shares. Fort Point Cap Prns Lc accumulated 1,923 shares or 0.09% of the stock. Jensen Inv Mngmt Inc reported 1.31 million shares or 2.99% of all its holdings. Beese Fulmer Investment Mgmt owns 80,857 shares. Massmutual Trust Co Fsb Adv reported 41,287 shares. 892,696 were reported by Panagora Asset Mgmt Inc. Alley Limited Liability holds 1.78% or 29,591 shares. Moreover, Crystal Rock has 5.8% invested in Mastercard Incorporated (NYSE:MA) for 47,374 shares. Driehaus Cap Management Limited Liability owns 1,330 shares for 0.01% of their portfolio. Puzo Michael J reported 58,146 shares or 4.34% of all its holdings. Silvercrest Asset Mgmt Group Ltd invested in 4,269 shares.

Another recent and important Valmont Industries, Inc. (NYSE:VMI) news was published by Prnewswire.com which published an article titled: “Valmont Industries, Inc. Announces Redemption of 6.625% Senior Notes due 2020” on June 11, 2018.

Makaira Partners Llc, which manages about $691.02 million and $878.50M US Long portfolio, upped its stake in L Brands Inc (LTD) by 1.77M shares to 2.52M shares, valued at $96.43 million in 2018Q1, according to the filing.

Investors sentiment decreased to 0.68 in 2018 Q1. Its down 0.44, from 1.12 in 2017Q4. It dropped, as 31 investors sold VMI shares while 89 reduced holdings. 22 funds opened positions while 60 raised stakes. 18.95 million shares or 0.41% less from 19.03 million shares in 2017Q4 were reported. Employees Retirement Of Texas stated it has 0.04% in Valmont Industries, Inc. (NYSE:VMI). Pnc Fincl Serv Group reported 0% of its portfolio in Valmont Industries, Inc. (NYSE:VMI). Century Companies Incorporated has 0.01% invested in Valmont Industries, Inc. (NYSE:VMI). Shufro Rose And Co Limited Company owns 0.63% invested in Valmont Industries, Inc. (NYSE:VMI) for 43,430 shares. Arizona State Retirement Systems owns 15,373 shares for 0.02% of their portfolio. Independent Order Of Foresters holds 806 shares or 0.11% of its portfolio. Advantus Capital Management invested in 2,784 shares or 0.01% of the stock. Voya Management Llc has invested 0% in Valmont Industries, Inc. (NYSE:VMI). Price T Rowe Assocs Md holds 0.07% or 3.06 million shares. Kbc Gp Nv reported 109,344 shares. The United Kingdom-based Impax Asset Management Limited has invested 2.12% in Valmont Industries, Inc. (NYSE:VMI). Jacobs Levy Equity Mngmt holds 21,905 shares or 0.05% of its portfolio. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.04% in Valmont Industries, Inc. (NYSE:VMI). Vanguard Grp Inc holds 1.87M shares or 0.01% of its portfolio. Atlantic Trust Gru owns 70 shares.

Valmont Industries, Inc. (NYSE:VMI) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *