Stock News

Nepsis Capital Management Has Lowered Its Mastercard (MA) Stake by $1.45 Million; Jolley Asset Management Boosted Its United Parcel Service Cl B (UPS) Holding by $644,280 as Stock Value Rose

United Parcel Service, Inc. (NYSE:UPS) Logo

Jolley Asset Management Llc increased its stake in United Parcel Service Inc Cl B (UPS) by 16.38% based on its latest 2018Q1 regulatory filing with the SEC. Jolley Asset Management Llc bought 6,195 shares as the company’s stock rose 6.87% while stock markets declined. The institutional investor held 44,024 shares of the transportation company at the end of 2018Q1, valued at $4.61 million, up from 37,829 at the end of the previous reported quarter. Jolley Asset Management Llc who had been investing in United Parcel Service Inc Cl B for a number of months, seems to be bullish on the $97.73 billion market cap company. The stock decreased 0.20% or $0.23 during the last trading session, reaching $113.42. About 2.44 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 9.01% since June 21, 2017 and is uptrending. It has underperformed by 3.56% the S&P500. Some Historical UPS News: 26/03/2018 – MOST KWAI CHUNG UPS HK RETAIL ALLOCATION BY 27M TO 33.75M SHRS; 20/03/2018 – United Parcel Service Expands Marketplace Shipping Platform by Adding Houzz and Pricefalls Marketplace; 25/05/2018 – UPS – MOST RECENTLY, WARREN SERVED AS EXECUTIVE VICE PRESIDENT AND CHIEF COMMERCIAL OFFICER FOR XEROX CORPORATION; 26/03/2018 – BRIDGEWATER UPS SHORT POSITION IN SIEMENS TO 1.01% FROM 0.8%; 11/04/2018 – Al Expo: Hottest Start-Ups and Innovators across Al & IoT to Arrive at the Al Expo Global in One Week; 23/05/2018 – UPS hits customers with new fees for oversized packages; 02/05/2018 – CNBC Wires: EXCLUSIVE-UPS weighs strategy to deliver bulky goods to boost growth; 11/04/2018 – UPS Study: Purchases From Marketplaces Nearly Universal; Retail Now Global As E-Commerce Shoppers Cross Borders; 05/04/2018 – Amazon and UPS have been arguing over the post office’s cost structure through public filings with the Postal Regulatory Commission, the federal arm in charge of setting prices for the Postal Service; 16/04/2018 – George Willis Named UPS President Of U.S. Operations, Myron Gray To Retire

Nepsis Capital Management Inc decreased its stake in Mastercard Incorporated (MA) by 18.69% based on its latest 2018Q1 regulatory filing with the SEC. Nepsis Capital Management Inc sold 8,308 shares as the company’s stock rose 7.48% while stock markets declined. The institutional investor held 36,144 shares of the business services company at the end of 2018Q1, valued at $6.33M, down from 44,452 at the end of the previous reported quarter. Nepsis Capital Management Inc who had been investing in Mastercard Incorporated for a number of months, seems to be less bullish one the $209.61 billion market cap company. The stock decreased 0.38% or $0.76 during the last trading session, reaching $200.78. About 2.68M shares traded. Mastercard Incorporated (NYSE:MA) has risen 56.80% since June 21, 2017 and is uptrending. It has outperformed by 44.23% the S&P500. Some Historical MA News: 07/03/2018 – MASTERCARD TO INTEGRATE ITS PHYSICAL & DIGITAL PAYMENTS TEAMS; 02/05/2018 – Mastercard: Charges Related to Interchange Rates in Europe; 06/03/2018 – XOX BHD XOXB.KL – CO HAS YET TO ENTER INTO ANY FORM OF AGREEMENT WITH MASTERCARD; 16/04/2018 – FORMER USTR MIKE FROMAN IS SAID TO JOIN MASTERCARD: POLITICO; 03/05/2018 – A drop in customers buying cryptocurrencies with a credit card slightly dampened Mastercard’s first-quarter results, the company said on an earnings call this week; 15/03/2018 – MasterCard and IBM to set up European `data trust’; 20/04/2018 – Shiny New Button May Help Visa, Mastercard and AmEx Fight PayPal; 05/05/2018 – Buffett: Should Have Bought More Mastercard, Visa — Berkshire Hathaway Annual Meeting; 11/04/2018 – U.S. Bank Mobile Payment Expands to Mastercard Business Travel Cards; 19/03/2018 – MASTERCARD OPEN TO FACILITATING NATIONAL DIGITAL CURRENCIES: FT

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Mastercard, Inc. (MA) Management Presents at RBC 2018 Financial Technology Investor Day Conference (Transcript)” on June 14, 2018, also Streetinsider.com with their article: “MasterCard (MA) PT Raised to $223 at Atlantic Equities” published on June 21, 2018, Benzinga.com published: “Here’s Why You Should Know What The ‘Sharing Economy’ Is” on June 21, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Why I Would Still Choose Mastercard Over Visa” published on May 28, 2018 as well as Nasdaq.com‘s news article titled: “Better Buy: American Express Company vs. Discover” with publication date: June 19, 2018.

Since January 2, 2018, it had 0 buys, and 8 selling transactions for $59.23 million activity. BANGA AJAY sold $44.45M worth of stock. 4,122 Mastercard Incorporated (NYSE:MA) shares with value of $741,960 were sold by Fraccaro Michael. Shares for $3.25M were sold by Vosburg Craig on Thursday, May 3. Shares for $5.53M were sold by Murphy Timothy H on Monday, March 19. The insider CARLUCCI DAVID R sold $1.09 million. 17,167 Mastercard Incorporated (NYSE:MA) shares with value of $2.61 million were sold by McLaughlin Edward Grunde.

Nepsis Capital Management Inc, which manages about $214.00 million and $188.96M US Long portfolio, upped its stake in Baidu Inc (NASDAQ:BIDU) by 6,185 shares to 51,207 shares, valued at $11.43 million in 2018Q1, according to the filing. It also increased its holding in Renaissancere Holdings Ltd (NYSE:RNR) by 4,131 shares in the quarter, for a total of 64,050 shares, and has risen its stake in American Intl Group Inc (NYSE:AIG).

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 Monday, November 6 by Bank of America. The company was maintained on Friday, August 14 by JP Morgan. The stock has “Overweight” rating by PiperJaffray on Friday, February 2. The firm has “Buy” rating by Oppenheimer given on Wednesday, May 2. The rating was maintained by Piper Jaffray on Thursday, January 18 with “Buy”. Cowen & Co maintained the stock with “Buy” rating in Wednesday, September 6 report. On Thursday, July 27 the stock rating was downgraded by Credit Suisse to “Hold”. The rating was initiated by UBS on Thursday, May 17 with “Hold”. Cowen & Co maintained Mastercard Incorporated (NYSE:MA) on Friday, July 14 with “Buy” rating. On Monday, October 31 the stock rating was maintained by Stifel Nicolaus with “Buy”.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.05, from 0.91 in 2017Q4. It turned 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. 1,700 were reported by Ellington Mgmt Gru Limited Company. Redwood Investments Limited Company has invested 0.86% in Mastercard Incorporated (NYSE:MA). 30,478 are held by Private Advisor Grp Ltd Liability Corporation. Norinchukin Comml Bank The, a Japan-based fund reported 131,494 shares. Smithfield Tru holds 0.23% or 10,686 shares. Guardian Trust Co invested in 150 shares or 0% of the stock. Blackhill Capital stated it has 20,000 shares or 0.65% of all its holdings. Cubist Systematic Strategies Ltd Com holds 45,963 shares. Ing Groep Nv owns 615,052 shares or 1.95% of their US portfolio. Clifford Swan Investment Counsel Limited Liability Corp owns 6,625 shares. Macquarie has 1.65 million shares. Telemus Lc stated it has 49,919 shares or 0.7% of all its holdings. Liberty Capital Mgmt reported 5,356 shares. Trust Of Vermont accumulated 1.16% or 70,019 shares. The Singapore-based Temasek (Private) Ltd has invested 1.2% in Mastercard Incorporated (NYSE:MA).

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 32.59 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.

Since February 26, 2018, it had 0 insider buys, and 2 insider sales for $650,730 activity. $480,600 worth of United Parcel Service, Inc. (NYSE:UPS) shares were sold by McClure Teri P.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Fool.com which released: “Should Groupon Worry About This UPS Move?” on May 29, 2018, also Seekingalpha.com with their article: “Buy United Parcel Service” published on June 11, 2018, Globenewswire.com published: “Kevin Warren Named UPS Chief Marketing Officer” on May 25, 2018. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Seekingalpha.com and their article: “UPS – A Stock For Your Watchlist” published on June 11, 2018 as well as Globenewswire.com‘s news article titled: “UPS Expands Ocean Freight Service In 130 New Trade Lanes” with publication date: June 07, 2018.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 12 have Buy rating, 1 Sell and 11 Hold. Therefore 50% are positive. United Parcel Service had 75 analyst reports since July 29, 2015 according to SRatingsIntel. JP Morgan initiated United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, December 13. JP Morgan has “Neutral” rating and $118 target. The rating was maintained by S&P Research on Tuesday, September 22 with “Buy”. Robert W. Baird maintained the stock with “Hold” rating in Friday, October 27 report. The firm earned “Hold” rating on Tuesday, September 1 by Zacks. Deutsche Bank downgraded the stock to “Hold” rating in Friday, February 23 report. The firm has “Buy” rating by Loop Capital given on Monday, February 26. Deutsche Bank upgraded United Parcel Service, Inc. (NYSE:UPS) on Monday, December 4 to “Buy” rating. Stephens maintained the shares of UPS in report on Thursday, February 1 with “Hold” rating. The company was maintained on Wednesday, July 5 by BMO Capital Markets. Stifel Nicolaus maintained the stock with “Hold” rating in Friday, October 27 report.

Investors sentiment decreased to 1.12 in Q1 2018. Its down 0.11, from 1.23 in 2017Q4. It is negative, as 81 investors sold UPS shares while 390 reduced holdings. 111 funds opened positions while 418 raised stakes. 446.74 million shares or 0.46% less from 448.80 million shares in 2017Q4 were reported. Archford Cap Strategies owns 81,615 shares. Clifford Swan Inv Counsel Lc stated it has 480,478 shares. Cwm Ltd Limited Liability Company, a Nebraska-based fund reported 305,253 shares. Moreover, Stratos Wealth Prtnrs Limited has 0.21% invested in United Parcel Service, Inc. (NYSE:UPS). 505 were reported by Moneta Gru Invest Advisors Lc. Bill & Melinda Gates Foundation holds 1.94% of its portfolio in United Parcel Service, Inc. (NYSE:UPS) for 4.53M shares. Biltmore Wealth Mgmt Limited Com owns 6,504 shares. Seabridge Inv Ltd Liability Company holds 63,673 shares or 1.5% of its portfolio. Rench Wealth Mngmt Incorporated owns 19,710 shares. Minnesota-based Us State Bank De has invested 0.13% in United Parcel Service, Inc. (NYSE:UPS). Jacobs And Ca has invested 1.43% in United Parcel Service, Inc. (NYSE:UPS). Veritas Inv Management Llp reported 0.02% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Howe & Rusling accumulated 680 shares or 0.01% of the stock. Bessemer Gru has invested 0.03% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Royal Bank Of Canada reported 3.54M shares.

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

Leave a Reply

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