Cacti Asset Management Holding in Mastercard Cl A. (MA) Lowered by $302,000; Cathay General Banco (CATY) Holder Lenox Wealth Advisors Has Trimmed Its Position by $1.37 Million as Share Value Declined

May 21, 2018 - By Marguerite Chambers

Cathay General Bancorp (NASDAQ:CATY) Logo

Lenox Wealth Advisors Inc decreased its stake in Cathay General Banco (CATY) by 99.72% based on its latest 2017Q4 regulatory filing with the SEC. Lenox Wealth Advisors Inc sold 34,300 shares as the company’s stock declined 8.67% with the market. The institutional investor held 98 shares of the major banks company at the end of 2017Q4, valued at $4,000, down from 34,398 at the end of the previous reported quarter. Lenox Wealth Advisors Inc who had been investing in Cathay General Banco for a number of months, seems to be less bullish one the $3.47B market cap company. The stock increased 1.45% or $0.61 during the last trading session, reaching $42.65. About 217,088 shares traded. Cathay General Bancorp (NASDAQ:CATY) has risen 8.54% since May 21, 2017 and is uptrending. It has underperformed by 3.01% the S&P500.

Cacti Asset Management Llc decreased its stake in Mastercard Inc. Cl A. (MA) by 66.67% based on its latest 2017Q4 regulatory filing with the SEC. Cacti Asset Management Llc sold 2,000 shares as the company’s stock rose 14.37% while stock markets declined. The institutional investor held 1,000 shares of the business services company at the end of 2017Q4, valued at $151,000, down from 3,000 at the end of the previous reported quarter. Cacti Asset Management Llc who had been investing in Mastercard Inc. Cl A. for a number of months, seems to be less bullish one the $199.31 billion market cap company. The stock increased 0.27% or $0.51 during the last trading session, reaching $190.91. About 1.65 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since May 21, 2017 and is uptrending. It has outperformed by 42.57% the S&P500.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on July, 26. They expect $1.54 EPS, up 40.00% or $0.44 from last year’s $1.1 per share. MA’s profit will be $1.61B for 30.99 P/E if the $1.54 EPS becomes a reality. After $1.50 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 2.67% EPS growth.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Mastercard jumps after revenue guidance lift” on May 02, 2018, also Seekingalpha.com with their article: “Spotlight On Gambling Reset And Banking Bill” published on May 19, 2018, Seekingalpha.com published: “By The Numbers: Should You Buy Mastercard Stock?” on April 26, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard: Is It Overvalued?” published on May 16, 2018 as well as Seekingalpha.com‘s news article titled: “Oakmark Global Select Fund: Q1 2018” with publication date: April 23, 2018.

Since January 2, 2018, it had 0 buys, and 8 selling transactions for $59.23 million activity. 4,122 shares valued at $741,960 were sold by Fraccaro Michael on Monday, April 30. The insider Haythornthwaite Richard sold 5,000 shares worth $866,104. Murphy Timothy H had sold 30,628 shares worth $5.53M. The insider BANGA AJAY sold 239,020 shares worth $44.45M. Another trade for 17,167 shares valued at $2.61M was sold by McLaughlin Edward Grunde. $3.25M worth of Mastercard Incorporated (NYSE:MA) shares were sold by Vosburg Craig.

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 stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Citigroup on Friday, April 29. On Monday, April 23 the stock rating was maintained by Susquehanna with “Buy”. The rating was maintained by Cowen & Co with “Buy” on Thursday, February 1. The firm has “Buy” rating by Cowen & Co given on Thursday, July 27. The firm earned “Buy” rating on Tuesday, March 27 by Bernstein. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Cowen & Co on Wednesday, September 6. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Citigroup on Wednesday, October 18. The company was maintained on Thursday, July 27 by Piper Jaffray. Cowen & Co maintained the stock with “Buy” rating in Tuesday, October 31 report. On Wednesday, November 1 the stock rating was maintained by Nomura with “Buy”.

Investors sentiment increased to 0.91 in Q4 2017. Its up 0.02, from 0.89 in 2017Q3. It increased, 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. Mngmt Va holds 2.46% or 59,949 shares. Jefferies Grp Limited Liability Com holds 0% in Mastercard Incorporated (NYSE:MA) or 1,137 shares. Price T Rowe Assocs Inc Md stated it has 34.86M shares or 0.86% of all its holdings. Palisades Hudson Asset Management Limited Partnership has 0.14% invested in Mastercard Incorporated (NYSE:MA). Nordea Invest Management Ab reported 1.15 million shares or 0.41% of all its holdings. Geode Capital Management Limited Liability stated it has 10.93 million shares or 0.56% of all its holdings. Balyasny Asset Mgmt Lc holds 0.13% of its portfolio in Mastercard Incorporated (NYSE:MA) for 278,625 shares. Invesco reported 0.25% stake. Cryder Prns Ltd Liability Partnership invested 8.49% in Mastercard Incorporated (NYSE:MA). Huber Cap Lc holds 25,950 shares. Neuberger Berman Gp Lc invested in 0.29% or 1.67 million shares. Keybank National Association Oh has invested 0.61% in Mastercard Incorporated (NYSE:MA). Puzo Michael J, a Massachusetts-based fund reported 59,926 shares. Wright Investors reported 18,349 shares. Interocean Cap Lc has invested 2.05% in Mastercard Incorporated (NYSE:MA).

Analysts await Cathay General Bancorp (NASDAQ:CATY) to report earnings on July, 18. They expect $0.87 EPS, up 35.94% or $0.23 from last year’s $0.64 per share. CATY’s profit will be $70.68M for 12.26 P/E if the $0.87 EPS becomes a reality. After $0.78 actual EPS reported by Cathay General Bancorp for the previous quarter, Wall Street now forecasts 11.54% EPS growth.

More news for Cathay General Bancorp (NASDAQ:CATY) were recently published by: Globenewswire.com, which released: “Market Trends Toward New Normal in Meritage, AllianceBernstein Holding, Viper Energy Partners LP, Huron …” on May 21, 2018. Streetinsider.com‘s article titled: “Wedbush Upgrades Cathay General Bancorp (CATY) to Outperform” and published on May 02, 2018 is yet another important article.

Lenox Wealth Advisors Inc, which manages about $648.86 million and $357.31 million US Long portfolio, upped its stake in Spdr Msci Acwi Ex (CWI) by 103,936 shares to 341,082 shares, valued at $13.30M in 2017Q4, according to the filing. It also increased its holding in Jpmorgan Dvrsfd Rtrn Intrnl Eqt Etf by 12,583 shares in the quarter, for a total of 311,092 shares, and has risen its stake in Spdr S&P 500 Etf @ (SPY).

Investors sentiment decreased to 1.23 in Q4 2017. Its down 0.49, from 1.72 in 2017Q3. It fall, as 14 investors sold CATY shares while 67 reduced holdings. 26 funds opened positions while 74 raised stakes. 53.28 million shares or 0.71% less from 53.66 million shares in 2017Q3 were reported. Oregon Employees Retirement Fund stated it has 0.02% in Cathay General Bancorp (NASDAQ:CATY). Prudential Financial reported 1.01 million shares. Weaver C Barksdale & Assocs has 75 shares. Moreover, Ftb Advsrs has 0% invested in Cathay General Bancorp (NASDAQ:CATY) for 792 shares. Teacher Retirement Systems Of Texas accumulated 26,682 shares. Rhumbline Advisers has invested 0.02% of its portfolio in Cathay General Bancorp (NASDAQ:CATY). Dreman Value L L C holds 892 shares. Meeder Asset reported 0.01% stake. Arizona State Retirement holds 0.02% of its portfolio in Cathay General Bancorp (NASDAQ:CATY) for 54,682 shares. Commerce State Bank has invested 0.01% of its portfolio in Cathay General Bancorp (NASDAQ:CATY). Alliancebernstein Limited Partnership holds 234,739 shares. Rothschild Asset Mgmt invested in 0.14% or 321,295 shares. Jpmorgan Chase And holds 0.01% of its portfolio in Cathay General Bancorp (NASDAQ:CATY) for 788,541 shares. Schwab Charles Inv Management stated it has 0.02% in Cathay General Bancorp (NASDAQ:CATY). Goldman Sachs Gru, a New York-based fund reported 401,834 shares.

Since December 11, 2017, it had 0 insider buys, and 7 sales for $6.89 million activity. 33,045 Cathay General Bancorp (NASDAQ:CATY) shares with value of $1.47 million were sold by WU PETER. Another trade for 50,000 shares valued at $2.12M was made by CHENG DUNSON K on Monday, December 11.

Among 10 analysts covering Cathay Bancorp (NASDAQ:CATY), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Cathay Bancorp had 36 analyst reports since July 22, 2015 according to SRatingsIntel. Piper Jaffray maintained the shares of CATY in report on Wednesday, April 18 with “Buy” rating. Wedbush upgraded Cathay General Bancorp (NASDAQ:CATY) on Wednesday, May 2 to “Outperform” rating. The stock has “Buy” rating by BMO Capital Markets on Friday, July 7. Keefe Bruyette & Woods maintained the shares of CATY in report on Monday, July 24 with “Hold” rating. The stock has “Buy” rating by Piper Jaffray on Monday, July 10. The stock of Cathay General Bancorp (NASDAQ:CATY) earned “Hold” rating by SunTrust on Tuesday, November 28. BMO Capital Markets downgraded Cathay General Bancorp (NASDAQ:CATY) rating on Thursday, November 30. BMO Capital Markets has “Hold” rating and $45.0 target. As per Thursday, March 29, the company rating was maintained by Sandler O’Neill. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The firm earned “Hold” rating on Wednesday, April 18 by Keefe Bruyette & Woods.

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

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