Zweig-Dimenna Associates Decreased Its Mastercard (MA) Holding; Shapiro Capital Management Raised By $64.02 Billion Its Patterson Companies (PDCO) Stake

May 26, 2018 - By olga

Patterson Companies, Inc. (NASDAQ:PDCO) Logo

Zweig-Dimenna Associates Llc decreased Mastercard Incorporated (MA) stake by 44.15% reported in 2017Q4 SEC filing. Zweig-Dimenna Associates Llc sold 132,432 shares as Mastercard Incorporated (MA)’s stock rose 14.37%. The Zweig-Dimenna Associates Llc holds 167,508 shares with $25.35 million value, down from 299,940 last quarter. Mastercard Incorporated now has $199.58 billion valuation. The stock decreased 0.39% or $0.74 during the last trading session, reaching $191.17. About 2.46M shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since May 26, 2017 and is uptrending. It has outperformed by 42.57% the S&P500.

Shapiro Capital Management Llc increased Patterson Companies Inc. (PDCO) stake by 114.08% reported in 2017Q4 SEC filing. Shapiro Capital Management Llc acquired 1.77M shares as Patterson Companies Inc. (PDCO)’s stock declined 40.18%. The Shapiro Capital Management Llc holds 3.33 million shares with $120.14B value, up from 1.55M last quarter. Patterson Companies Inc. now has $2.01 billion valuation. The stock decreased 0.50% or $0.11 during the last trading session, reaching $21.69. About 1.04 million shares traded. Patterson Companies, Inc. (NASDAQ:PDCO) has declined 51.49% since May 26, 2017 and is downtrending. It has underperformed by 63.04% the S&P500.

Investors sentiment decreased to 1 in 2017 Q4. Its down 0.25, from 1.25 in 2017Q3. It turned negative, as 57 investors sold PDCO shares while 113 reduced holdings. 66 funds opened positions while 104 raised stakes. 87.24 million shares or 1.30% less from 88.39 million shares in 2017Q3 were reported. Bryn Mawr Tru has invested 0.23% in Patterson Companies, Inc. (NASDAQ:PDCO). Moreover, Bluemountain Capital Mgmt Ltd Liability Corp has 0.02% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 23,457 shares. 15,862 were reported by Creative Planning. Jpmorgan Chase & Com holds 72,252 shares or 0% of its portfolio. Invesco Limited, a Georgia-based fund reported 1.24M shares. Cubist Systematic Strategies Lc reported 0% stake. Kwmg Ltd Liability stated it has 39,367 shares. Amundi Pioneer Asset Mngmt reported 2,620 shares. Moreover, Atlantic Trust Gru Limited Liability Com has 0% invested in Patterson Companies, Inc. (NASDAQ:PDCO) for 930 shares. Suntrust Banks holds 72,260 shares. Wedge Mngmt L Limited Partnership Nc holds 0.01% in Patterson Companies, Inc. (NASDAQ:PDCO) or 31,738 shares. Goldman Sachs Group holds 2.07 million shares. Huntington Bank & Trust reported 2,242 shares or 0% of all its holdings. Robeco Institutional Asset Mgmt Bv holds 0% or 12,094 shares. Bokf Na holds 10,696 shares.

Among 18 analysts covering Patterson Companies Inc. (NASDAQ:PDCO), 3 have Buy rating, 6 Sell and 9 Hold. Therefore 17% are positive. Patterson Companies Inc. had 46 analyst reports since August 28, 2015 according to SRatingsIntel. The stock of Patterson Companies, Inc. (NASDAQ:PDCO) earned “Underweight” rating by Morgan Stanley on Wednesday, December 6. On Monday, March 5 the stock rating was maintained by JP Morgan with “Underweight”. Deutsche Bank initiated Patterson Companies, Inc. (NASDAQ:PDCO) on Friday, December 8 with “Hold” rating. The stock has “Sell” rating by Evercore on Thursday, March 1. The company was downgraded on Thursday, March 1 by Robert W. Baird. Piper Jaffray maintained the stock with “Hold” rating in Tuesday, November 21 report. The company was downgraded on Tuesday, July 11 by UBS. The rating was maintained by Robert W. Baird on Tuesday, January 2 with “Buy”. The stock has “Buy” rating by Northcoast on Thursday, March 1. The company was maintained on Tuesday, March 6 by Jefferies.

Shapiro Capital Management Llc decreased Devon Energy Corporation (NYSE:DVN) stake by 88,533 shares to 1.25M valued at $51.80 billion in 2017Q4. It also reduced Bwx Technologies Inc. stake by 28,250 shares and now owns 1.93M shares. Usg Corporation (NYSE:USG) was reduced too.

More recent Patterson Companies, Inc. (NASDAQ:PDCO) news were published by: Globenewswire.com which released: “$100000 Threshold Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action on Behalf of …” on May 24, 2018. Also Streetinsider.com published the news titled: “Patterson Cos. (PDCO) Names Donald Zurbay CFO” on May 23, 2018. Businesswire.com‘s news article titled: “Patterson Announces Dental Leadership Transition” with publication date: May 03, 2018 was also an interesting one.

Since January 11, 2018, it had 0 insider purchases, and 1 sale for $27,285 activity. GUGINO ANN B sold 750 shares worth $27,285.

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 31.03 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.

Zweig-Dimenna Associates Llc increased T Mobile Us Inc (NYSE:TMUS) stake by 32,582 shares to 81,665 valued at $5.19 million in 2017Q4. It also upped Vaneck Vectors Etf Tr stake by 24,000 shares and now owns 48,200 shares. Univest Corp Pa (NASDAQ:UVSP) was raised too.

More important recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Mastercard: Is It Overvalued?” on May 16, 2018, also Seekingalpha.com published article titled: “Mastercard jumps after revenue guidance lift”, Seekingalpha.com published: “Stocks To Watch: Powerhouse CEOs In The Limelight” on May 26, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) was released by: Seekingalpha.com and their article: “Billion-Dollar Unicorns: Adyen Ready For An IPO” with publication date: May 24, 2018.

Since January 2, 2018, it had 0 insider purchases, and 8 insider sales for $59.23 million activity. 30,628 shares were sold by Murphy Timothy H, worth $5.53 million. The insider Haythornthwaite Richard sold $866,104. $692,252 worth of Mastercard Incorporated (NYSE:MA) shares were sold by Fraccaro Michael. 17,167 shares were sold by McLaughlin Edward Grunde, worth $2.61M on Tuesday, January 2. CARLUCCI DAVID R sold 5,950 shares worth $1.09 million. Another trade for 17,496 shares valued at $3.25M was sold by Vosburg Craig. 239,020 shares were sold by BANGA AJAY, worth $44.45M on Thursday, May 3.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.02, from 0.89 in 2017Q3. It is positive, as 46 investors sold MA shares while 492 reduced holdings. 131 funds opened positions while 356 raised stakes. 764.78 million shares or 1.94% less from 779.91 million shares in 2017Q3 were reported. Voya Investment Mngmt Limited Liability Company invested in 0.55% or 1.75 million shares. Somerville Kurt F reported 135,232 shares. Vgi Prtn Pty Ltd owns 583,176 shares for 12.78% of their portfolio. 60,000 were reported by Howard Hughes Institute. Hartford Inv Mngmt holds 204,703 shares. The Pennsylvania-based Matthew 25 Mngmt Corp has invested 3.08% in Mastercard Incorporated (NYSE:MA). Bamco New York holds 0.09% of its portfolio in Mastercard Incorporated (NYSE:MA) for 122,602 shares. Kings Point Management reported 394 shares. Intact Investment Management owns 2,100 shares. Seabridge Inv Advisors Ltd Liability Corporation has invested 0.41% in Mastercard Incorporated (NYSE:MA). Edmp accumulated 1,600 shares. Autus Asset Mgmt Limited Liability Corporation invested in 80,748 shares. Alpha Cubed Invs Ltd Limited Liability Company reported 0.05% in Mastercard Incorporated (NYSE:MA). 327 were accumulated by Vantage Invest Advsr Limited Co. 459,998 are held by Blue Ridge Limited Liability Company.

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 rating was maintained by Piper Jaffray on Thursday, July 27 with “Buy”. Sterne Agee CRT initiated the shares of MA in report on Thursday, December 17 with “Buy” rating. FBR Capital maintained it with “Mkt Perform” rating and $103 target in Thursday, July 30 report. KeyBanc Capital Markets maintained Mastercard Incorporated (NYSE:MA) on Friday, May 4 with “Overweight” rating. The firm earned “Buy” rating on Thursday, February 1 by Mizuho. The rating was maintained by Nomura with “Buy” on Friday, September 8. The firm has “Buy” rating given on Wednesday, December 16 by UBS. On Thursday, February 1 the stock rating was maintained by SunTrust with “Buy”. The stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given on Wednesday, April 18 by Oppenheimer. The stock has “Buy” rating by Robert W. Baird on Friday, January 19.

Patterson Companies, Inc. (NASDAQ:PDCO) Institutional Positions Chart

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