Mastercard (MA) Market Value Rose While Broderick Brian C Boosted by $604,608 Its Stake; As Suntrust Bks Com (STI) Valuation Declined, Holder Sumitomo Life Insurance Company Cut Position

February 20, 2018 - By Migdalia James

Sumitomo Life Insurance Company decreased its stake in Suntrust Bks Inc Com (STI) by 44.05% based on its latest 2017Q3 regulatory filing with the SEC. Sumitomo Life Insurance Company sold 20,518 shares as the company’s stock declined 9.30% while stock markets rallied. The institutional investor held 26,062 shares of the finance company at the end of 2017Q3, valued at $1.56M, down from 46,580 at the end of the previous reported quarter. Sumitomo Life Insurance Company who had been investing in Suntrust Bks Inc Com for a number of months, seems to be less bullish one the $33.60B market cap company. The stock increased 0.27% or $0.19 during the last trading session, reaching $71.34. About 177,325 shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since February 20, 2017 and is uptrending. It has outperformed by 10.12% the S&P500.

Broderick Brian C increased its stake in Mastercard (MA) by 7.12% based on its latest 2017Q3 regulatory filing with the SEC. Broderick Brian C bought 4,288 shares as the company’s stock rose 7.46% with the market. The institutional investor held 64,480 shares of the business services company at the end of 2017Q3, valued at $9.10M, up from 60,192 at the end of the previous reported quarter. Broderick Brian C who had been investing in Mastercard for a number of months, seems to be bullish on the $183.67 billion market cap company. The stock decreased 0.55% or $0.96 during the last trading session, reaching $174.69. About 661,032 shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since February 20, 2017 and is uptrending. It has outperformed by 7.46% 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. The firm earned “Overweight” rating on Tuesday, January 30 by Barclays Capital. The firm earned “Buy” rating on Monday, September 11 by Guggenheim. The company was initiated on Wednesday, February 15 by Loop Capital. Compass Point initiated the stock with “Neutral” rating in Friday, April 15 report. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by RBC Capital Markets on Wednesday, July 5. Bernstein maintained it with “Buy” rating and $180.0 target in Monday, December 11 report. The rating was upgraded by Bank of America on Thursday, December 15 to “Buy”. The stock has “Buy” rating by Cowen & Co on Friday, July 14. As per Monday, October 30, the company rating was maintained by Cantor Fitzgerald. The rating was maintained by RBC Capital Markets on Friday, June 16 with “Top Pick”.

Broderick Brian C, which manages about $277.13 million US Long portfolio, decreased its stake in Procter & Gamble (NYSE:PG) by 6,320 shares to 104,544 shares, valued at $9.51M in 2017Q3, according to the filing. It also reduced its holding in Johnson & Johnson (NYSE:JNJ) by 5,738 shares in the quarter, leaving it with 77,821 shares, and cut its stake in Automatic Data Processing (NASDAQ:ADP).

Since September 21, 2017, it had 0 insider buys, and 4 sales for $6.19 million activity. Fraccaro Michael sold $856,027 worth of stock. The insider Haythornthwaite Richard sold $712,540. $2.01 million worth of stock was sold by Vosburg Craig on Thursday, September 21.

Investors sentiment increased to 0.89 in Q3 2017. 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. Samlyn Limited Liability reported 2.79% of its portfolio in Mastercard Incorporated (NYSE:MA). Alabama-based Andra Ap has invested 0.27% in Mastercard Incorporated (NYSE:MA). Chickasaw Cap holds 0.05% or 17,170 shares in its portfolio. Patten And Patten Inc Tn stated it has 0.11% of its portfolio in Mastercard Incorporated (NYSE:MA). Girard Ptnrs Limited owns 14,243 shares for 0.42% of their portfolio. Natl Bank Of Nova Scotia Tru Co, Ontario – Canada-based fund reported 40,955 shares. Viking Global Investors Limited Partnership reported 2.15 million shares or 1.97% of all its holdings. Huber Mngmt Limited Liability Corp stated it has 13,950 shares or 0.11% of all its holdings. Nippon Life holds 0.08% or 30,242 shares. Veritable LP invested in 0.33% or 110,298 shares. Telemus Ltd Llc holds 32,465 shares or 0.72% of its portfolio. Davenport Com Ltd Limited Liability Company stated it has 346,492 shares. Baldwin Invest Mgmt Limited Liability Company invested in 0.19% or 3,525 shares. Moreover, Jarislowsky Fraser Ltd has 0.39% invested in Mastercard Incorporated (NYSE:MA) for 463,206 shares. Kentucky Retirement System reported 0.61% stake.

Among 34 analysts covering Suntrust Banks Inc. (NYSE:STI), 16 have Buy rating, 0 Sell and 18 Hold. Therefore 47% are positive. Suntrust Banks Inc. had 108 analyst reports since July 20, 2015 according to SRatingsIntel. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Hold” rating given on Friday, July 7 by BMO Capital Markets. The firm has “Outperform” rating given on Wednesday, December 13 by Wood. As per Friday, January 19, the company rating was maintained by Sandler O’Neill. The firm has “Outperform” rating given on Friday, January 8 by Bernstein. The rating was maintained by Wedbush with “Neutral” on Wednesday, November 30. Macquarie Research maintained SunTrust Banks, Inc. (NYSE:STI) rating on Tuesday, October 20. Macquarie Research has “Neutral” rating and $44 target. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Underweight” rating given on Tuesday, July 25 by Morgan Stanley. The company was upgraded on Thursday, August 3 by Morgan Stanley. Citigroup maintained the stock with “Neutral” rating in Monday, October 9 report. The stock of SunTrust Banks, Inc. (NYSE:STI) has “Market Perform” rating given on Monday, October 19 by BMO Capital Markets.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.01, from 0.92 in 2017Q2. It fall, as 65 investors sold STI shares while 235 reduced holdings. 69 funds opened positions while 205 raised stakes. 375.36 million shares or 2.72% less from 385.84 million shares in 2017Q2 were reported. Copeland Capital Management Limited Liability Com holds 62,629 shares. Supplemental Annuity Collective Tru Of Nj has invested 0.44% of its portfolio in SunTrust Banks, Inc. (NYSE:STI). Advisory Svcs Ntwk Lc owns 2,102 shares for 0.01% of their portfolio. First Midwest Comml Bank Tru Division reported 43,829 shares or 0.32% of all its holdings. Segall Bryant & Hamill Ltd Limited Liability Company invested 0.01% in SunTrust Banks, Inc. (NYSE:STI). 920,366 were accumulated by Federated Pa. Cookson Peirce And reported 2.95% in SunTrust Banks, Inc. (NYSE:STI). Bedrijfstakpensioenfonds Voor De Media Pno stated it has 0.22% in SunTrust Banks, Inc. (NYSE:STI). Payden Rygel invested 1.12% in SunTrust Banks, Inc. (NYSE:STI). Ubs Oconnor Lc reported 0.16% stake. Parametric Port Assoc Limited invested in 0.13% or 1.95 million shares. Texas Yale holds 9,128 shares or 0.05% of its portfolio. 241 were accumulated by Gemmer Asset Management Limited Liability. Silvercrest Asset Gru Ltd Liability Corporation holds 5,064 shares or 0% of its portfolio. Salem Invest Counselors stated it has 7,957 shares.

Since January 23, 2018, it had 0 buys, and 1 sale for $507,911 activity.

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