Gardner Russo & Gardner Holding in Mastercard Cl A (MA) Has Decreased as Stock Price Rose; As Home Depot (HD) Share Value Rose, Shareholder Exane Derivatives Has Decreased Stake

January 14, 2018 - By Ellis Scott

Tom Russo decreased its stake in Mastercard Inc Cl A (MA) by 0.6% based on its latest 2017Q3 regulatory filing with the SEC. Gardner Russo & Gardner Llc sold 56,917 shares as the company’s stock rose 7.46% with the market. The hedge fund run by Tom Russo held 9.50M shares of the business services company at the end of 2017Q3, valued at $1.34 billion, down from 9.56M at the end of the previous reported quarter. Gardner Russo & Gardner Llc who had been investing in Mastercard Inc Cl A for a number of months, seems to be less bullish one the $171.85B market cap company. The stock increased 0.88% or $1.41 during the last trading session, reaching $162.33. About 3.04M shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 14, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Exane Derivatives decreased its stake in Home Depot (HD) by 30.77% based on its latest 2017Q3 regulatory filing with the SEC. Exane Derivatives sold 2,670 shares as the company’s stock rose 9.30% with the market. The institutional investor held 6,006 shares of the consumer services company at the end of 2017Q3, valued at $982,000, down from 8,676 at the end of the previous reported quarter. Exane Derivatives who had been investing in Home Depot for a number of months, seems to be less bullish one the $229.37 billion market cap company. The stock increased 0.89% or $1.74 during the last trading session, reaching $196.42. About 6.75M shares traded or 45.66% up from the average. The Home Depot, Inc. (NYSE:HD) has risen 18.65% since January 14, 2017 and is uptrending. It has outperformed by 1.95% the S&P500.

Exane Derivatives, which manages about $534.70M US Long portfolio, upped its stake in Visa Cl.A (NYSE:V) by 29,691 shares to 34,131 shares, valued at $3.59M in 2017Q3, according to the filing. It also increased its holding in Anglogold Adr (NYSE:AU) by 102,336 shares in the quarter, for a total of 145,754 shares, and has risen its stake in Rogers Cions Cl.B (NYSE:RCI).

Analysts await The Home Depot, Inc. (NYSE:HD) to report earnings on February, 20. They expect $1.62 EPS, up 12.50% or $0.18 from last year’s $1.44 per share. HD’s profit will be $1.89B for 30.31 P/E if the $1.62 EPS becomes a reality. After $1.84 actual EPS reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts -11.96% negative EPS growth.

Since August 16, 2017, it had 0 insider purchases, and 5 selling transactions for $18.46 million activity. $1.97 million worth of The Home Depot, Inc. (NYSE:HD) shares were sold by Roseborough Teresa Wynn. $7.58 million worth of The Home Depot, Inc. (NYSE:HD) was sold by Carey Matt on Friday, December 8.

Among 33 analysts covering The Home Depot Inc. (NYSE:HD), 24 have Buy rating, 0 Sell and 9 Hold. Therefore 73% are positive. The Home Depot Inc. had 102 analyst reports since August 19, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of HD in report on Wednesday, June 21 with “Buy” rating. Vetr downgraded the shares of HD in report on Wednesday, August 19 to “Buy” rating. As per Wednesday, September 13, the company rating was maintained by Jefferies. The firm has “Buy” rating given on Wednesday, November 15 by UBS. Jefferies maintained the shares of HD in report on Friday, November 10 with “Buy” rating. The rating was maintained by RBC Capital Markets on Monday, October 30 with “Buy”. On Thursday, December 7 the stock rating was maintained by RBC Capital Markets with “Buy”. As per Monday, October 31, the company rating was downgraded by Piper Jaffray. The company was maintained on Wednesday, November 15 by Telsey Advisory Group. The stock of The Home Depot, Inc. (NYSE:HD) has “Buy” rating given on Saturday, August 29 by Vetr.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.19, from 0.95 in 2017Q2. It increased, as 59 investors sold HD shares while 562 reduced holdings. 121 funds opened positions while 587 raised stakes. 796.24 million shares or 3.15% less from 822.13 million shares in 2017Q2 were reported. Independence Trust has invested 7.16% of its portfolio in The Home Depot, Inc. (NYSE:HD). Efg Asset Mngmt (Americas) Corporation holds 1.1% in The Home Depot, Inc. (NYSE:HD) or 17,732 shares. Arcadia Invest Mgmt Mi has invested 0.9% in The Home Depot, Inc. (NYSE:HD). Grassi Mgmt has 38,358 shares for 1.06% of their portfolio. Tiemann Investment Advisors Lc holds 4,951 shares or 0.68% of its portfolio. Jump Trading Limited Co stated it has 0.1% in The Home Depot, Inc. (NYSE:HD). Boston Family Office Ltd invested 0.36% of its portfolio in The Home Depot, Inc. (NYSE:HD). Perigon Wealth Ltd Co has invested 2.64% in The Home Depot, Inc. (NYSE:HD). Cap Advsrs Ok holds 0.17% or 16,524 shares in its portfolio. Beach Investment Ltd Limited Liability Company holds 1.29% or 4,530 shares in its portfolio. 298,685 were accumulated by Arizona State Retirement Sys. Stearns Financial Services Gp holds 0.41% in The Home Depot, Inc. (NYSE:HD) or 10,045 shares. Murphy Capital Mngmt accumulated 94,704 shares. Amica Mutual Insurance Com holds 71,079 shares or 1.04% of its portfolio. Blue Chip Prtnrs has 27,490 shares.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.01, from 0.88 in 2017Q2. It is positive, 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. Blue Edge Cap Lc stated it has 0.41% of its portfolio in Mastercard Incorporated (NYSE:MA). Bridgewater Lp holds 0.05% or 54,677 shares. Waldron LP holds 0.21% of its portfolio in Mastercard Incorporated (NYSE:MA) for 5,213 shares. Cacti Asset Management Lc stated it has 3,000 shares. Kempen Cap Nv stated it has 0.23% in Mastercard Incorporated (NYSE:MA). Rhode Island-based Amica Mutual Insur has invested 0.61% in Mastercard Incorporated (NYSE:MA). Synovus Corp owns 5,436 shares or 0.01% of their US portfolio. Old National Financial Bank In has 2,658 shares for 0.02% of their portfolio. Moreover, Btim Corp has 0.01% invested in Mastercard Incorporated (NYSE:MA). Fayerweather Charles holds 20,845 shares. Peloton Wealth Strategists reported 45,910 shares. 796,125 were accumulated by Acadian Asset Management Ltd Liability. Moreover, Bluemountain Mgmt Ltd has 0.05% invested in Mastercard Incorporated (NYSE:MA) for 15,685 shares. 31,565 are owned by Page Arthur B. Carmignac Gestion reported 2.64M shares.

Gardner Russo & Gardner Llc, which manages about $10.72B and $14.14 billion US Long portfolio, upped its stake in Outfront Media Inc by 15,090 shares to 325,815 shares, valued at $8.20 million in 2017Q3, according to the filing. It also increased its holding in British American Tobacco Plc (BTAFF) by 224,303 shares in the quarter, for a total of 5.30M shares, and has risen its stake in The Swatch Group Ag (SWGAF).

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 $1.19 billion for 36.23 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.

Since July 31, 2017, it had 0 insider purchases, and 8 insider sales for $48.22 million activity. Haythornthwaite Richard also sold $712,540 worth of Mastercard Incorporated (NYSE:MA) shares. Another trade for 14,200 shares valued at $2.01 million was sold by Vosburg Craig. Another trade for 5,800 shares valued at $856,027 was sold by Fraccaro Michael. $2.61 million worth of stock was sold by McLaughlin Edward Grunde on Tuesday, January 2. Shares for $11.83 million were sold by HUNDMEJEAN MARTINA on Wednesday, August 2.

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