Amg National Trust Bank Has Lowered Jpmorgan Chase & Co (JPM) Stake by $792,648; Mastercard (MA) Share Price Rose While Temasek Holdings Private LTD Raised Its Position

August 12, 2018 - By Matthew Richard

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Temasek Holdings Private Ltd increased its stake in Mastercard Incorporated (MA) by 35.67% based on its latest 2018Q1 regulatory filing with the SEC. Temasek Holdings Private Ltd bought 329,215 shares as the company’s stock rose 7.48% while stock markets declined. The institutional investor held 1.25M shares of the business services company at the end of 2018Q1, valued at $219.35M, up from 923,068 at the end of the previous reported quarter. Temasek Holdings Private Ltd who had been investing in Mastercard Incorporated for a number of months, seems to be bullish on the $210.44 billion market cap company. The stock decreased 0.47% or $0.95 during the last trading session, reaching $202.65. About 2.57M shares traded. Mastercard Incorporated (NYSE:MA) has risen 56.80% since August 12, 2017 and is uptrending. It has outperformed by 44.23% the S&P500.

Amg National Trust Bank decreased its stake in Jpmorgan Chase & Co (JPM) by 10.71% based on its latest 2018Q1 regulatory filing with the SEC. Amg National Trust Bank sold 7,272 shares as the company’s stock declined 6.83% with the market. The institutional investor held 60,639 shares of the major banks company at the end of 2018Q1, valued at $6.67M, down from 67,911 at the end of the previous reported quarter. Amg National Trust Bank who had been investing in Jpmorgan Chase & Co for a number of months, seems to be less bullish one the $388.90B market cap company. The stock decreased 0.98% or $1.15 during the last trading session, reaching $115.73. About 12.63M shares traded. JPMorgan Chase & Co. (NYSE:JPM) has risen 29.65% since August 12, 2017 and is uptrending. It has outperformed by 17.08% the S&P500. Some Historical JPM News: 20/04/2018 – DEUTSCHE BANK NOTES LINKED TO JPMORGAN THRESHOLD PRICE $128.73; 05/04/2018 – JP Morgan’s Dimon says market may be underestimating chance that Fed will have to act more quickly; 14/05/2018 – Visa Presenting at JPMorgan Conference Tomorrow; 22/05/2018 – Oasis Petroleum at J.P. Morgan Energy Equity Conference Jun 18; 08/03/2018 – JPMorgan’s Pinto Sees Possible 40% Equity Correction in 2-3 Years (Video); 16/04/2018 – LAUNCH: JPMorgan $4.5b Debt Offering in Three Parts; 16/05/2018 – NetScout Presenting at JPMorgan Conference Tomorrow; 07/05/2018 – JPM’s Ulrich Expects Trade Frictions to Continue (Video); 28/05/2018 – JPMorgan’s Ebrahim Not Surprised by Pullback in Oil Prices (Video); 08/05/2018 – Alliance Data Presenting at JPMorgan Conference May 15

Among 42 analysts covering Mastercard Incorporated (NYSE:MA), 37 have Buy rating, 0 Sell and 5 Hold. Therefore 88% are positive. Mastercard Incorporated had 140 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Compass Point on Monday, October 31. RBC Capital Markets downgraded Mastercard Incorporated (NYSE:MA) on Thursday, January 5 to “Outperform” rating. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Robert W. Baird on Friday, January 19. Susquehanna maintained Mastercard Incorporated (NYSE:MA) on Thursday, February 1 with “Buy” rating. The firm earned “Hold” rating on Thursday, February 1 by Sandler O’Neill. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Oppenheimer on Wednesday, April 18. KeyBanc Capital Markets maintained Mastercard Incorporated (NYSE:MA) on Wednesday, August 30 with “Buy” rating. RBC Capital Markets maintained the stock with “Top Pick” rating in Friday, June 16 report. The rating was maintained by Stephens on Tuesday, January 9 with “Buy”. As per Monday, November 6, the company rating was maintained by Bank of America.

Temasek Holdings Private Ltd, which manages about $18.23 billion US Long portfolio, decreased its stake in Evoqua Water Technologies Co by 2.05 million shares to 6.04 million shares, valued at $128.54M in 2018Q1, according to the filing. It also reduced its holding in Wells Fargo Co New (NYSE:WFC) by 96,273 shares in the quarter, leaving it with 77,303 shares, and cut its stake in Morgan Stanley (NYSE:MS).

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.05, from 0.91 in 2017Q4. It dived, 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. Nelson Van Denburg & Campbell Wealth Management Gru Limited Liability Company holds 0.52% or 12,973 shares. Brave Asset Management Incorporated owns 1,600 shares. Campbell Co Adviser Ltd Liability accumulated 1,738 shares. Telemus Capital Limited Liability Com invested in 49,919 shares. Moreover, Bessemer Group Inc Inc Inc has 1.08% invested in Mastercard Incorporated (NYSE:MA). Preferred Llc reported 0.01% in Mastercard Incorporated (NYSE:MA). Allen Ltd holds 64,056 shares or 3.1% of its portfolio. Singapore-based Bank Pictet & Cie (Asia) has invested 1.42% in Mastercard Incorporated (NYSE:MA). Geller Advsrs Ltd holds 0.38% or 4,440 shares. Tudor Corporation Et Al reported 0.06% in Mastercard Incorporated (NYSE:MA). Conestoga Advisors Limited Liability Corp stated it has 0.01% in Mastercard Incorporated (NYSE:MA). Perigon Wealth Mngmt Ltd Liability Corp stated it has 0% in Mastercard Incorporated (NYSE:MA). First Citizens Bank And Company holds 0.03% of its portfolio in Mastercard Incorporated (NYSE:MA) for 1,320 shares. Asset Management One Company Ltd has 1.65 million shares for 0.65% of their portfolio. Moreover, Waddell And Reed has 1.4% invested in Mastercard Incorporated (NYSE:MA) for 3.53M shares.

Since March 9, 2018, it had 0 buys, and 7 sales for $56.62 million activity. $5.53M worth of Mastercard Incorporated (NYSE:MA) shares were sold by Murphy Timothy H. On Monday, April 30 the insider Fraccaro Michael sold $741,960. CARLUCCI DAVID R also sold $1.09M worth of Mastercard Incorporated (NYSE:MA) shares. BANGA AJAY sold 239,020 shares worth $44.45M. $3.25M worth of stock was sold by Vosburg Craig on Thursday, May 3.

More recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Mastercard: Invest In Cashless Transactions” on July 16, 2018. Also Seekingalpha.com published the news titled: “Mastercard: Overpriced At Current Levels” on August 06, 2018. Seekingalpha.com‘s news article titled: “Mastercard: It Will Keep Going Higher” with publication date: July 27, 2018 was also an interesting one.

More notable recent JPMorgan Chase & Co. (NYSE:JPM) news were published by: Fool.com which released: “Why JPMorgan Chase Stock Jumped 10% in July” on August 10, 2018, also Nasdaq.com with their article: “Get into Bank Stocks Soon Because Inflation Is on the Way” published on August 09, 2018, 247Wallst.com published: “5 Merrill Lynch Defensive Portfolio Stocks That Can Survive a Market Crash” on July 30, 2018. More interesting news about JPMorgan Chase & Co. (NYSE:JPM) were released by: Seekingalpha.com and their article: “JPMorgan: Digital Banking And Dividend Growth” published on July 17, 2018 as well as Seekingalpha.com‘s news article titled: “JPMorgan: Leading The Pack” with publication date: July 18, 2018.

Since April 16, 2018, it had 2 insider purchases, and 1 sale for $14,319 activity. $1.49 million worth of JPMorgan Chase & Co. (NYSE:JPM) was bought by Combs Todd A. on Monday, May 14. Another trade for 30,725 shares valued at $3.50 million was made by Smith Gordon on Monday, July 23.

Amg National Trust Bank, which manages about $1.55B US Long portfolio, upped its stake in Ishares (HEWG) by 60,174 shares to 186,803 shares, valued at $5.12M in 2018Q1, according to the filing. It also increased its holding in Royal Dutch Shell by 9,091 shares in the quarter, for a total of 43,040 shares, and has risen its stake in Vf Corporation (NYSE:VFC).

Analysts await JPMorgan Chase & Co. (NYSE:JPM) to report earnings on October, 11. They expect $2.28 EPS, up 29.55% or $0.52 from last year’s $1.76 per share. JPM’s profit will be $7.66 billion for 12.69 P/E if the $2.28 EPS becomes a reality. After $2.29 actual EPS reported by JPMorgan Chase & Co. for the previous quarter, Wall Street now forecasts -0.44% negative EPS growth.

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

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