Appleton Partners Lowered Position in Mastercard Cl A (MA) as Valuation Rose; Northern Cross Lowered Ambev Sa (ABEV) Position as Market Value Declined

January 19, 2018 - By Darrin Black

Northern Cross Llc decreased its stake in Ambev Sa (ABEV) by 1.35% based on its latest 2017Q3 regulatory filing with the SEC. Northern Cross Llc sold 124,813 shares as the company’s stock declined 1.05% while stock markets rallied. The institutional investor held 9.13M shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $60.14 million, down from 9.25 million at the end of the previous reported quarter. Northern Cross Llc who had been investing in Ambev Sa for a number of months, seems to be less bullish one the $110.36B market cap company. The stock decreased 0.29% or $0.02 during the last trading session, reaching $6.76. About 15.19M shares traded. Ambev S.A. (NYSE:ABEV) has risen 10.52% since January 19, 2017 and is uptrending. It has underperformed by 6.18% the S&P500.

Appleton Partners Inc decreased its stake in Mastercard Incorporated Cl A (MA) by 35.17% based on its latest 2017Q3 regulatory filing with the SEC. Appleton Partners Inc sold 3,275 shares as the company’s stock rose 7.46% with the market. The institutional investor held 6,036 shares of the business services company at the end of 2017Q3, valued at $852,000, down from 9,311 at the end of the previous reported quarter. Appleton Partners Inc who had been investing in Mastercard Incorporated Cl A for a number of months, seems to be less bullish one the $175.19B market cap company. The stock increased 0.71% or $1.16 during the last trading session, reaching $165.48. About 4.15M shares traded or 21.49% up from the average. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 19, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Among 6 analysts covering AmBev SA (NYSE:ABEV), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. AmBev SA has $8.5 highest and $4.90 lowest target. $6.72’s average target is -0.59% below currents $6.76 stock price. AmBev SA had 9 analyst reports since September 17, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Credit Suisse on Tuesday, September 12. The firm has “Hold” rating given on Friday, July 28 by Barclays Capital. Barclays Capital maintained Ambev S.A. (NYSE:ABEV) rating on Friday, October 27. Barclays Capital has “Equal-Weight” rating and $7 target. JP Morgan upgraded Ambev S.A. (NYSE:ABEV) on Thursday, November 10 to “Overweight” rating. Morgan Stanley downgraded the shares of ABEV in report on Thursday, August 18 to “Equal-Weight” rating. Barclays Capital reinitiated Ambev S.A. (NYSE:ABEV) rating on Thursday, November 3. Barclays Capital has “Equal Weight” rating and $6 target. Goldman Sachs maintained Ambev S.A. (NYSE:ABEV) on Monday, October 10 with “Buy” rating.

Analysts await Ambev S.A. (NYSE:ABEV) to report earnings on March, 1. They expect $0.10 earnings per share, up 25.00% or $0.02 from last year’s $0.08 per share. ABEV’s profit will be $1.63B for 16.90 P/E if the $0.10 EPS becomes a reality. After $0.06 actual earnings per share reported by Ambev S.A. for the previous quarter, Wall Street now forecasts 66.67% EPS growth.

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. Jefferies maintained the stock with “Buy” rating in Tuesday, August 25 report. The rating was maintained by Cowen & Co on Friday, January 12 with “Buy”. The stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Cowen & Co on Tuesday, October 31. S&P Research maintained Mastercard Incorporated (NYSE:MA) rating on Friday, July 31. S&P Research has “Buy” rating and $103 target. RBC Capital Markets downgraded Mastercard Incorporated (NYSE:MA) on Thursday, January 4 to “Outperform” rating. The stock of Mastercard Incorporated (NYSE:MA) has “Neutral” rating given on Monday, October 31 by Compass Point. The stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given on Thursday, December 17 by Sterne Agee CRT. On Friday, April 29 the stock rating was maintained by Citigroup with “Buy”. Guggenheim upgraded the stock to “Buy” rating in Monday, September 11 report. The rating was maintained by RBC Capital Markets with “Buy” on Wednesday, July 5.

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 36.94 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.

Since July 31, 2017, it had 0 buys, and 8 selling transactions for $48.22 million activity. 17,167 shares valued at $2.61M were sold by McLaughlin Edward Grunde on Tuesday, January 2. HUNDMEJEAN MARTINA had sold 91,107 shares worth $11.83 million on Wednesday, August 2. $856,027 worth of Mastercard Incorporated (NYSE:MA) shares were sold by Fraccaro Michael. On Thursday, September 21 the insider Vosburg Craig sold $2.01M. $712,540 worth of Mastercard Incorporated (NYSE:MA) was sold by Haythornthwaite Richard.

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