Motco Has Lifted Its Holding in Paychex Com (PAYX) by $3.74 Million; Mastercard Cl A (MA) Shareholder Palladium Partners Cut Its Stake by $826,683

February 22, 2018 - By Louis Casey

Palladium Partners Llc decreased its stake in Mastercard Incorporated Cl A (MA) by 5.21% based on its latest 2017Q3 regulatory filing with the SEC. Palladium Partners Llc sold 5,863 shares as the company’s stock rose 7.46% with the market. The institutional investor held 106,694 shares of the business services company at the end of 2017Q3, valued at $15.07M, down from 112,557 at the end of the previous reported quarter. Palladium Partners Llc who had been investing in Mastercard Incorporated Cl A for a number of months, seems to be less bullish one the $181.13B market cap company. The stock decreased 0.03% or $0.04 during the last trading session, reaching $172.28. About 3.13M shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since February 22, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Motco increased its stake in Paychex Inc Com (PAYX) by 3497.18% based on its latest 2017Q3 regulatory filing with the SEC. Motco bought 63,334 shares as the company’s stock declined 2.74% while stock markets rallied. The institutional investor held 65,145 shares of the consumer services company at the end of 2017Q3, valued at $3.91M, up from 1,811 at the end of the previous reported quarter. Motco who had been investing in Paychex Inc Com for a number of months, seems to be bullish on the $23.53B market cap company. The stock increased 0.67% or $0.435 during the last trading session, reaching $65.515. About 322,064 shares traded. Paychex, Inc. (NASDAQ:PAYX) has risen 11.22% since February 22, 2017 and is uptrending. It has underperformed by 5.48% the S&P500.

Among 40 analysts covering Mastercard Incorporated (NYSE:MA), 36 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Mastercard Incorporated had 121 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, November 1, the company rating was maintained by Nomura. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 27. The firm earned “Overweight” rating on Tuesday, September 19 by Morgan Stanley. The firm earned “Buy” rating on Monday, December 11 by Bernstein. KeyBanc Capital Markets maintained it with “Buy” rating and $170.0 target in Wednesday, November 1 report. The firm has “Neutral” rating by Wedbush given on Friday, October 30. The company was maintained on Friday, January 12 by Cowen & Co. As per Friday, July 28, the company rating was maintained by BMO Capital Markets. The firm has “Buy” rating by Wedbush given on Wednesday, September 6. The stock has “Buy” rating by RBC Capital Markets on Wednesday, July 5.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.01, from 0.88 in 2017Q2. It improved, 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. Ensemble Limited Liability Corp invested 8.74% of its portfolio in Mastercard Incorporated (NYSE:MA). 1,717 are held by Palisades Hudson Asset Mngmt Limited Partnership. Chesley Taft And Associates Ltd Liability Corporation holds 0.8% of its portfolio in Mastercard Incorporated (NYSE:MA) for 65,635 shares. 2,805 are owned by Fairfield Bush &. Bryn Mawr Tru holds 126,182 shares or 1.01% of its portfolio. 1,000 were reported by Paradigm Asset Mngmt Limited Liability. Cantab Cap Ptnrs Limited Liability Partnership stated it has 0.43% of its portfolio in Mastercard Incorporated (NYSE:MA). Covington Cap Mngmt has invested 0.37% in Mastercard Incorporated (NYSE:MA). Intll Value Advisers Llc accumulated 6.78% or 1.60 million shares. Mitsubishi Ufj Trust And Corp owns 2.59M shares for 0.68% of their portfolio. Optimum Inv Advsrs holds 27,490 shares. Calamos Ltd Llc owns 0.42% invested in Mastercard Incorporated (NYSE:MA) for 385,568 shares. Moreover, Wespac Advsr Lc has 0.5% invested in Mastercard Incorporated (NYSE:MA). Point72 Asset Mgmt Limited Partnership has 354,295 shares for 0.22% of their portfolio. Arrowmark Colorado Lc invested 0.01% in Mastercard Incorporated (NYSE:MA).

Since September 21, 2017, it had 0 buys, and 4 sales for $6.19 million activity. $2.61 million worth of Mastercard Incorporated (NYSE:MA) shares were sold by McLaughlin Edward Grunde. On Thursday, September 21 Vosburg Craig sold $2.01 million worth of Mastercard Incorporated (NYSE:MA) or 14,200 shares. Fraccaro Michael had sold 5,800 shares worth $856,027.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on May, 1. They expect $1.25 EPS, up 23.76% or $0.24 from last year’s $1.01 per share. MA’s profit will be $1.31B for 34.46 P/E if the $1.25 EPS becomes a reality. After $1.14 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 9.65% EPS growth.

Palladium Partners Llc, which manages about $1.69B and $1.31 billion US Long portfolio, upped its stake in Pepsico Inc Com (NYSE:PEP) by 51,047 shares to 113,479 shares, valued at $12.65 million in 2017Q3, according to the filing. It also increased its holding in Spdr Series Trust Blomberg Brc (SCPB) by 25,246 shares in the quarter, for a total of 53,228 shares, and has risen its stake in Lilly Eli & Co Com (NYSE:LLY).

Investors sentiment decreased to 1.02 in 2017 Q3. Its down 0.01, from 1.03 in 2017Q2. It dived, as 57 investors sold PAYX shares while 263 reduced holdings. 65 funds opened positions while 260 raised stakes. 238.82 million shares or 0.48% more from 237.67 million shares in 2017Q2 were reported. Martin Currie Limited owns 177,000 shares or 0.81% of their US portfolio. Connor Clark Lunn Invest Mngmt has invested 0% in Paychex, Inc. (NASDAQ:PAYX). 36,763 were reported by Parsons Mngmt Ri. Welch Llc reported 2.85% stake. Gofen Glossberg Ltd Liability Com Il invested in 40,095 shares. Chilton Communications Limited Liability Corporation accumulated 0.08% or 32,821 shares. Granite Investment Prns Lc reported 0.03% in Paychex, Inc. (NASDAQ:PAYX). 32,400 were reported by Prudential Public Ltd. Ledyard Bancorporation invested in 2,196 shares. Fiduciary Trust Com has 7,769 shares. Kistler stated it has 0.02% of its portfolio in Paychex, Inc. (NASDAQ:PAYX). Rathbone Brothers Public Ltd Com holds 0.05% of its portfolio in Paychex, Inc. (NASDAQ:PAYX) for 20,660 shares. Gotham Asset Ltd Liability Company holds 341,599 shares or 0.3% of its portfolio. Bankshares Of The Ozarks stated it has 8,035 shares. Parametrica Mgmt Limited reported 4,000 shares.

Motco, which manages about $976.26 million US Long portfolio, decreased its stake in Mfs International Value by 16,610 shares to 1.33 million shares, valued at $58.33M in 2017Q3, according to the filing. It also reduced its holding in Paypal Holdings Inc by 7,079 shares in the quarter, leaving it with 106,563 shares, and cut its stake in Vanguard 500 Index Fund Admiral Shs #540 (VFIAX).

Since September 25, 2017, it had 0 buys, and 7 sales for $8.57 million activity. Shares for $703,546 were sold by Vossler Jennifer R.. 34,311 shares were sold by Gioja Michael E, worth $2.36 million on Thursday, January 4. MUCCI MARTIN sold 29,786 shares worth $1.88M.

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By1 Louis Casey

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