Weitz Investment Management Has Trimmed Mastercard (MA) Holding By $24.66 Million; China Commercial Credit (CCCR)’s Sentiment Is 0.67

August 12, 2018 - By Megan Stone

Mastercard Incorporated (NYSE:MA) Logo

China Commercial Credit Inc (CCCR) investors sentiment decreased to 0.67 in 2018 Q1. It’s down -2.33, from 3 in 2017Q4. The ratio turned negative, as 2 institutional investors opened new and increased equity positions, while 3 decreased and sold equity positions in China Commercial Credit Inc. The institutional investors in our database now hold: 60,174 shares, down from 108,525 shares in 2017Q4. Also, the number of institutional investors holding China Commercial Credit Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 2 Reduced: 1 Increased: 0 New Position: 2.

Weitz Investment Management Inc decreased Mastercard Incorporated (MA) stake by 21% reported in 2018Q1 SEC filing. Weitz Investment Management Inc sold 140,936 shares as Mastercard Incorporated (MA)’s stock rose 7.48%. The Weitz Investment Management Inc holds 530,198 shares with $92.87 million value, down from 671,134 last quarter. Mastercard Incorporated now has $210.44B valuation. The stock decreased 0.47% or $0.95 during the last trading session, reaching $202.65. About 2.57 million 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. Some Historical MA News: 02/04/2018 – MASTERCARD NAMES CHOON PHONG GOH TO BOARD; 02/05/2018 – Mastercard’s Revenue Boosted by Increased Consumer Spending–3rd Update; 19/03/2018 – MasterCard keeps options open on cryptocurrencies; 05/04/2018 – MASTERCARD INC – GILBERTO CALDART APPOINTED PRESIDENT, INTERNATIONAL; 24/05/2018 – Visa, Mastercard Dispute Those Limitations; Say Merchants Can Route to Network of Choice; 07/03/2018 – MASTERCARD: LYONS LEAVES CO. TO START VENTURE FOR SERVICES; 07/03/2018 – Digital Focus Aligns Mastercard Organization and Investments; 12/04/2018 – Mastercard and BJ’s Wholesale Club Enhance Checkout Experience for Shoppers with Masterpass; 22/03/2018 – Pymnts.com: Equifax Names Ex-Mastercard CEO To Its Board; 05/04/2018 – Mastercard Names Ann Cairns Vice Chairman

Barclays Plc holds 0% of its portfolio in China Commercial Credit, Inc. for 18,995 shares. Geode Capital Management Llc owns 11,141 shares or 0% of their US portfolio. Moreover, Morgan Stanley has 0% invested in the company for 500 shares. The Pennsylvania-based Susquehanna International Group Llp has invested 0% in the stock. Virtu Financial Llc, a New York-based fund reported 16,057 shares.

The stock increased 3.45% or $0.04 during the last trading session, reaching $1.2. About 492,799 shares traded or 177.60% up from the average. China Commercial Credit, Inc. (CCCR) has declined 45.04% since August 12, 2017 and is downtrending. It has underperformed by 57.61% the S&P500. Some Historical CCCR News: 15/05/2018 – CHINA COMMERCIAL CREDIT INC FILES FOR NON-TIMELY 10-Q – SEC FILING; 22/03/2018 CHINA COMMERCIAL CREDIT INC – ON MARCH 19, MINGJIE ZHAO RESIGNED FROM HIS POSITIONS AS CEO, PRESIDENT AND A DIRECTOR OF CO EFFECTIVE IMMEDIATELY; 02/05/2018 – CCCR launches luxury car rental business envisioning to build China’s high-end car rental platform “BATCar” and appoints senior; 22/03/2018 – CHINA COMMERCIAL CREDIT INC CCCR.O SAYS CHENGUANG KANG APPOINTED CEO AND PRESIDENT; 03/04/2018 – CHINA COMMERCIAL CREDIT INC FILES FOR NON-TIMELY 10-K WITH U.S. SEC

China Commercial Credit, Inc., through its subsidiaries, operates as a microcredit firm in the People's Republic of China. The company has market cap of $29.34 million. It provides direct loans, including secured loans comprising guarantee-backed loans, collateral-backed loans, and pledge-backed loans. It currently has negative earnings. China Commercial Credit, Inc. also offers financial guarantee services to third party lenders; and financial leasing services.

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. Argent accumulated 18,237 shares. Baystate Wealth Mgmt Ltd Llc has invested 0.01% in Mastercard Incorporated (NYSE:MA). Sumitomo Life Ins owns 0.81% invested in Mastercard Incorporated (NYSE:MA) for 35,146 shares. Moors Cabot Inc stated it has 0.07% of its portfolio in Mastercard Incorporated (NYSE:MA). Cornerstone Advisors holds 0.25% or 2,055 shares in its portfolio. Dana Inv Advsrs holds 1.45% or 183,561 shares in its portfolio. Mechanics Bankshares Tru Department invested 0.05% of its portfolio in Mastercard Incorporated (NYSE:MA). Comerica Natl Bank reported 0.35% of its portfolio in Mastercard Incorporated (NYSE:MA). Congress Asset Management Ma holds 0.12% of its portfolio in Mastercard Incorporated (NYSE:MA) for 49,471 shares. Caprock Gp Incorporated reported 3,320 shares. Seatown Holdings Pte Ltd holds 3.98% or 240,000 shares in its portfolio. Genesee Valley Trust, a New York-based fund reported 7,108 shares. Df Dent holds 1.88% or 464,496 shares in its portfolio. Sumitomo Mitsui Asset Mgmt Co Ltd invested 1.04% of its portfolio in Mastercard Incorporated (NYSE:MA). Keybank Association Oh reported 0.72% in Mastercard Incorporated (NYSE:MA).

Since March 9, 2018, it had 0 buys, and 7 sales for $56.62 million activity. 3,993 shares were sold by Fraccaro Michael, worth $692,252. $3.25 million worth of stock was sold by Vosburg Craig on Thursday, May 3. Another trade for 30,628 shares valued at $5.53M was made by Murphy Timothy H on Monday, March 19. Haythornthwaite Richard sold $866,104 worth of Mastercard Incorporated (NYSE:MA) on Monday, April 2. BANGA AJAY sold $44.45M worth of stock. CARLUCCI DAVID R sold $1.09 million worth of stock or 5,950 shares.

Among 13 analysts covering Mastercard (NYSE:MA), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Mastercard had 19 analyst reports since March 27, 2018 according to SRatingsIntel. The rating was initiated by Bernstein on Tuesday, March 27 with “Buy”. The stock has “Overweight” rating by JP Morgan on Friday, July 27. On Thursday, July 12 the stock rating was maintained by Wells Fargo with “Outperform”. As per Friday, July 27, the company rating was maintained by Buckingham Research. The rating was maintained by Bank of America on Tuesday, July 17 with “Buy”. Buckingham Research maintained Mastercard Incorporated (NYSE:MA) on Tuesday, June 26 with “Buy” rating. KeyBanc Capital Markets maintained it with “Overweight” rating and $200 target in Friday, May 4 report. Oppenheimer maintained it with “Buy” rating and $18700 target in Wednesday, April 18 report. As per Tuesday, July 24, the company rating was maintained by Raymond James. The stock has “Buy” rating by Tigress Financial on Friday, May 11.

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

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: