Raymond James Financial (RJF) Valuation Declined While Teachers Retirement System Of The State Of Kentucky Has Lowered Its Stake; Bath Savings Trust Co Has Cut Holding in Mastercard (MA) as Stock Rose

February 14, 2018 - By Louis Casey

Bath Savings Trust Co decreased its stake in Mastercard Incorporated (MA) by 3.51% based on its latest 2017Q3 regulatory filing with the SEC. Bath Savings Trust Co sold 5,308 shares as the company’s stock rose 7.46% with the market. The institutional investor held 146,045 shares of the business services company at the end of 2017Q3, valued at $20.62 million, down from 151,353 at the end of the previous reported quarter. Bath Savings Trust Co who had been investing in Mastercard Incorporated for a number of months, seems to be less bullish one the $179.31 billion market cap company. The stock increased 1.15% or $1.93 during the last trading session, reaching $170.12. About 3.47M shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since February 14, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Teachers Retirement System Of The State Of Kentucky decreased its stake in Raymond James Financial Inc (RJF) by 92.75% based on its latest 2017Q3 regulatory filing with the SEC. Teachers Retirement System Of The State Of Kentucky sold 186,860 shares as the company’s stock declined 7.42% while stock markets rallied. The institutional investor held 14,600 shares of the finance company at the end of 2017Q3, valued at $1.23M, down from 201,460 at the end of the previous reported quarter. Teachers Retirement System Of The State Of Kentucky who had been investing in Raymond James Financial Inc for a number of months, seems to be less bullish one the $12.46B market cap company. The stock decreased 0.31% or $0.28 during the last trading session, reaching $88.73. About 972,320 shares traded or 12.71% up from the average. Raymond James Financial, Inc. (NYSE:RJF) has risen 41.57% since February 14, 2017 and is uptrending. It has outperformed by 24.87% the S&P500.

Bath Savings Trust Co, which manages about $374.21 million US Long portfolio, upped its stake in Home Depot Inc (NYSE:HD) by 2,503 shares to 8,882 shares, valued at $1.45M in 2017Q3, according to the filing. It also increased its holding in Mccormick & Co Inc Non (NYSE:MKC) by 3,635 shares in the quarter, for a total of 89,004 shares, and has risen its stake in Edwards Lifesciences Corp (NYSE:EW).

Since September 21, 2017, it had 0 insider buys, and 4 sales for $6.19 million activity. The insider Fraccaro Michael sold $856,027. The insider Vosburg Craig sold $2.01 million. Haythornthwaite Richard also sold $712,540 worth of Mastercard Incorporated (NYSE:MA) shares.

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. Credit Suisse maintained the shares of MA in report on Friday, September 8 with “Outperform” rating. The stock of Mastercard Incorporated (NYSE:MA) has “Outperform” rating given on Wednesday, September 30 by Cowen & Co. On Thursday, July 27 the stock rating was downgraded by Credit Suisse to “Hold”. The firm earned “Outperform” rating on Friday, April 29 by RBC Capital Markets. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Tigress Financial on Monday, November 13. RBC Capital Markets maintained the shares of MA in report on Thursday, July 27 with “Buy” rating. The company was upgraded on Thursday, December 15 by Bank of America. The firm has “Buy” rating given on Friday, May 26 by Deutsche Bank. The firm has “Buy” rating by Guggenheim given on Thursday, October 8. The company was maintained on Wednesday, November 1 by KeyBanc Capital Markets.

Investors sentiment increased to 0.89 in 2017 Q3. Its up 0.01, from 0.88 in 2017Q2. It increased, 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. Confluence Wealth Management Limited Co reported 0.26% in Mastercard Incorporated (NYSE:MA). Moreover, Bristol John W & Ny has 2.8% invested in Mastercard Incorporated (NYSE:MA). Palladium Limited Liability Company stated it has 1.15% in Mastercard Incorporated (NYSE:MA). Altavista Wealth Management owns 0.1% invested in Mastercard Incorporated (NYSE:MA) for 1,468 shares. Amundi Pioneer Asset stated it has 4.01 million shares or 1.8% of all its holdings. Hilltop Holdings accumulated 0.15% or 3,472 shares. Bell Savings Bank invested in 2,231 shares or 0.09% of the stock. Reynders Mcveigh Capital Mgmt Limited Liability holds 3.92% or 212,676 shares. Mathes Com Inc has 29,110 shares. Echo Street Mngmt Ltd Company owns 1.56% invested in Mastercard Incorporated (NYSE:MA) for 323,478 shares. Arizona State Retirement Systems owns 255,126 shares. Bahl & Gaynor has 0.01% invested in Mastercard Incorporated (NYSE:MA). Morgan Stanley, New York-based fund reported 11.64 million shares. Moreover, Harding Loevner Ltd Partnership has 1.34% invested in Mastercard Incorporated (NYSE:MA). Charter accumulated 14,133 shares.

Among 12 analysts covering Raymond James Financial Inc. (NYSE:RJF), 6 have Buy rating, 1 Sell and 5 Hold. Therefore 50% are positive. Raymond James Financial Inc. had 37 analyst reports since July 24, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $8500 target in Monday, June 26 report. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Thursday, December 21 report. The stock has “Hold” rating by Keefe Bruyette & Woods on Sunday, August 27. The company was maintained on Friday, April 7 by Wood. The firm has “Mkt Perform” rating given on Friday, October 28 by JMP Securities. Nomura downgraded Raymond James Financial, Inc. (NYSE:RJF) on Monday, January 25 to “Neutral” rating. The rating was upgraded by Nomura to “Buy” on Thursday, January 5. The rating was upgraded by Wells Fargo on Thursday, September 14 to “Outperform”. The firm has “Neutral” rating by Citigroup given on Tuesday, January 12. The firm has “Hold” rating given on Thursday, January 25 by Keefe Bruyette & Woods.

Teachers Retirement System Of The State Of Kentucky, which manages about $8.32 billion US Long portfolio, upped its stake in Integrated Device Technology (NASDAQ:IDTI) by 245,101 shares to 311,528 shares, valued at $8.28M in 2017Q3, according to the filing. It also increased its holding in Citizens Finl Group Inc (NYSE:CFG) by 8,700 shares in the quarter, for a total of 1.35 million shares, and has risen its stake in Newell Brands Inc (NYSE:NWL).

Investors sentiment decreased to 1.03 in 2017 Q3. Its down 0.21, from 1.24 in 2017Q2. It dropped, as 32 investors sold RJF shares while 143 reduced holdings. 56 funds opened positions while 125 raised stakes. 97.11 million shares or 0.18% less from 97.29 million shares in 2017Q2 were reported. National Pension Service holds 0% in Raymond James Financial, Inc. (NYSE:RJF) or 1,146 shares. Dnb Asset Mgmt As, Norway-based fund reported 11,400 shares. Congress Asset Management Ma reported 996,286 shares. Whittier stated it has 0% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Bessemer Grp Inc invested 0% of its portfolio in Raymond James Financial, Inc. (NYSE:RJF). Liberty Mutual Asset accumulated 5,210 shares or 0.02% of the stock. Northwestern Mutual Wealth Mgmt owns 1,686 shares. 183 are held by Quantbot L P. Creative Planning invested in 0% or 3,725 shares. Chatham Gp invested in 3,275 shares or 0.08% of the stock. Brandywine Glob Management Ltd Co reported 113,031 shares. Clinton Group holds 0.13% or 13,793 shares in its portfolio. Elk Creek reported 76,072 shares stake. Cibc Markets Corp owns 0.02% invested in Raymond James Financial, Inc. (NYSE:RJF) for 18,698 shares. Daiwa Securities Gp stated it has 0% in Raymond James Financial, Inc. (NYSE:RJF).

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