Schaper Benz & Wise Investment Counsel Cut Its Mastercard (MA) Holding by $308,790; Share Price Rose; Phillips 66 (PSX) Shares Declined While Texas Permanent School Fund Has Trimmed Its Stake

January 18, 2018 - By Louis Casey

Texas Permanent School Fund decreased its stake in Phillips 66 (PSX) by 3.39% based on its latest 2017Q3 regulatory filing with the SEC. Texas Permanent School Fund sold 4,183 shares as the company’s stock declined 0.52% while stock markets rallied. The institutional investor held 119,074 shares of the integrated oil company at the end of 2017Q3, valued at $10.91 million, down from 123,257 at the end of the previous reported quarter. Texas Permanent School Fund who had been investing in Phillips 66 for a number of months, seems to be less bullish one the $54.03 billion market cap company. The stock decreased 0.51% or $0.54 during the last trading session, reaching $105.62. About 165,953 shares traded. Phillips 66 (NYSE:PSX) has risen 0.77% since January 18, 2017 and is uptrending. It has underperformed by 15.93% the S&P500.

Schaper Benz & Wise Investment Counsel Inc decreased its stake in Mastercard (MA) by 56.3% based on its latest 2017Q3 regulatory filing with the SEC. Schaper Benz & Wise Investment Counsel Inc sold 2,190 shares as the company’s stock rose 7.46% with the market. The institutional investor held 1,700 shares of the business services company at the end of 2017Q3, valued at $240,000, down from 3,890 at the end of the previous reported quarter. Schaper Benz & Wise Investment Counsel Inc who had been investing in Mastercard for a number of months, seems to be less bullish one the $174.31 billion market cap company. The stock increased 0.20% or $0.33 during the last trading session, reaching $164.65. About 1.50 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 18, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Among 37 analysts covering Mastercard Incorporated (NYSE:MA), 34 have Buy rating, 0 Sell and 3 Hold. Therefore 92% are positive. Mastercard Incorporated had 98 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, July 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The company was maintained on Tuesday, January 9 by Stephens. Morgan Stanley maintained the shares of MA in report on Tuesday, September 19 with “Overweight” rating. Piper Jaffray maintained it with “Buy” rating and $164.0 target in Tuesday, October 31 report. The firm has “Neutral” rating by Wedbush given on Friday, April 29. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, October 31. RBC Capital Markets maintained Mastercard Incorporated (NYSE:MA) on Tuesday, August 29 with “Buy” rating. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, January 4. The firm has “Buy” rating by Piper Jaffray given on Friday, October 13. Wells Fargo maintained the stock with “Buy” rating in Tuesday, January 9 report.

Since July 31, 2017, it had 0 buys, and 8 insider sales for $48.22 million activity. 5,800 shares were sold by Fraccaro Michael, worth $856,027 on Thursday, October 12. Vosburg Craig had sold 14,200 shares worth $2.01M. McLaughlin Edward Grunde also sold $2.61 million worth of Mastercard Incorporated (NYSE:MA) shares. 87,623 shares valued at $11.33 million were sold by Mastercard Foundation on Tuesday, August 8. $712,540 worth of Mastercard Incorporated (NYSE:MA) was sold by Haythornthwaite Richard.

Schaper Benz & Wise Investment Counsel Inc, which manages about $585.75 million and $644.93 million US Long portfolio, upped its stake in Wells Fargo (NYSE:WFC) by 7,386 shares to 252,163 shares, valued at $13.91 million in 2017Q3, according to the filing. It also increased its holding in Weingarten Realty (NYSE:WRI) by 15,460 shares in the quarter, for a total of 216,266 shares, and has risen its stake in Express Scripts (NASDAQ:ESRX).

Investors sentiment increased to 0.89 in Q3 2017. 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. Baring Asset Mgmt Ltd has invested 0.26% in Mastercard Incorporated (NYSE:MA). Haverford Company owns 995,708 shares. Generation Invest Llp accumulated 5.09% or 3.75M shares. First Long Island Invsts Ltd Company has invested 1.21% of its portfolio in Mastercard Incorporated (NYSE:MA). Rdl Inc, Virginia-based fund reported 12,331 shares. Blb&B stated it has 3,030 shares or 0.07% of all its holdings. Haverford Financial Services Incorporated has invested 5.49% in Mastercard Incorporated (NYSE:MA). Brown Brothers Harriman And owns 75,942 shares or 0.06% of their US portfolio. Manufacturers Life Insur The has 0.34% invested in Mastercard Incorporated (NYSE:MA). Synovus owns 0.01% invested in Mastercard Incorporated (NYSE:MA) for 5,436 shares. Boston Advsr Ltd Liability has invested 0.04% in Mastercard Incorporated (NYSE:MA). Carderock holds 51,712 shares or 3.29% of its portfolio. Aviance Limited Liability Corporation has 0.32% invested in Mastercard Incorporated (NYSE:MA). M&T National Bank reported 0.38% stake. Amundi Pioneer Asset Mgmt owns 4.01M shares for 1.8% of their portfolio.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on January, 30. They expect $1.12 EPS, up 30.23% or $0.26 from last year’s $0.86 per share. MA’s profit will be $1.19B for 36.75 P/E if the $1.12 EPS becomes a reality. After $1.34 actual EPS reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth.

Investors sentiment increased to 0.92 in 2017 Q3. Its up 0.07, from 0.85 in 2017Q2. It increased, as 40 investors sold PSX shares while 369 reduced holdings. 94 funds opened positions while 282 raised stakes. 353.24 million shares or 0.95% more from 349.91 million shares in 2017Q2 were reported. Davenport And Comm Ltd invested in 24,110 shares. Norman Fields Gottscho Capital Management Limited Com reported 96,254 shares. Pax Mngmt Ltd Liability Co stated it has 0.02% of its portfolio in Phillips 66 (NYSE:PSX). Pggm Invs holds 0.06% or 132,367 shares. 3,317 were accumulated by Bell Commercial Bank. Weatherly Asset Limited Partnership holds 0.21% in Phillips 66 (NYSE:PSX) or 8,598 shares. Cognios Capital Ltd Limited Liability Company holds 2,733 shares or 0.1% of its portfolio. First Citizens State Bank & has 4,010 shares for 0.05% of their portfolio. Mitsubishi Ufj Tru Bk reported 949,053 shares. Barclays Public Limited Com reported 428,416 shares. Neville Rodie Shaw Inc stated it has 0.31% in Phillips 66 (NYSE:PSX). Benjamin F Edwards & holds 0.24% or 21,563 shares. Moreover, Aull And Monroe Invest Management has 0.56% invested in Phillips 66 (NYSE:PSX) for 11,929 shares. Amp Limited owns 156,687 shares. Freestone Liability Corp invested in 3,327 shares.

Analysts await Phillips 66 (NYSE:PSX) to report earnings on February, 2. They expect $1.27 earnings per share, up 693.75% or $1.11 from last year’s $0.16 per share. PSX’s profit will be $649.62M for 20.79 P/E if the $1.27 EPS becomes a reality. After $1.66 actual earnings per share reported by Phillips 66 for the previous quarter, Wall Street now forecasts -23.49% negative EPS growth.

Since September 19, 2017, it had 0 insider purchases, and 2 sales for $373,204 activity.

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