Harris Associates LP Trimmed Mastercard (MA) Position By $121.98 Million; KATANGA MINING LTD ORDINARY SHARES (KATFF) Shorts Raised By 28.55%

August 10, 2018 - By Catherine Smith

Mastercard Incorporated (NYSE:MA) Logo

KATANGA MINING LTD ORDINARY SHARES (OTCMKTS:KATFF) had an increase of 28.55% in short interest. KATFF’s SI was 866,800 shares in August as released by FINRA. Its up 28.55% from 674,300 shares previously. With 176,200 avg volume, 5 days are for KATANGA MINING LTD ORDINARY SHARES (OTCMKTS:KATFF)’s short sellers to cover KATFF’s short positions. The SI to KATANGA MINING LTD ORDINARY SHARES’s float is 0.33%. The stock decreased 3.05% or $0.0205 during the last trading session, reaching $0.6516. About 32,085 shares traded. Katanga Mining Limited (OTCMKTS:KATFF) has 0.00% since August 10, 2017 and is . It has underperformed by 12.57% the S&P500.

Harris Associates LP decreased Mastercard Incorporated (MA) stake by 5.83% reported in 2018Q1 SEC filing. Harris Associates LP sold 697,052 shares as Mastercard Incorporated (MA)’s stock rose 7.48%. The Harris Associates LP holds 11.26 million shares with $1.97B value, down from 11.95M last quarter. Mastercard Incorporated now has $210.38 billion valuation. The stock decreased 0.50% or $1.01 during the last trading session, reaching $202.59. About 1.43 million shares traded. Mastercard Incorporated (NYSE:MA) has risen 56.80% since August 10, 2017 and is uptrending. It has outperformed by 44.23% the S&P500.

Katanga Mining Limited, through its subsidiary, Kamoto Copper Company SA, engages in the copper and cobalt mining and related activities in the Democratic Republic of Congo. The company has market cap of $1.24 billion. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and T17 underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant. It currently has negative earnings. The firm is based in Whitehorse, Canada.

Another recent and important Katanga Mining Limited (OTCMKTS:KATFF) news was published by Seekingalpha.com which published an article titled: “Katanga Mining: Significantly Undervalued With Sky-High Potential” on July 30, 2018.

Among 13 analysts covering Mastercard (NYSE:MA), 12 have Buy rating, 0 Sell and 1 Hold. Therefore 92% are positive. Mastercard had 19 analyst reports since March 27, 2018 according to SRatingsIntel. On Friday, May 11 the stock rating was maintained by Tigress Financial with “Buy”. The firm has “Overweight” rating given on Thursday, July 19 by Morgan Stanley. The stock has “Buy” rating by Bernstein on Tuesday, March 27. The firm has “Overweight” rating given on Friday, May 4 by KeyBanc Capital Markets. The company was maintained on Thursday, May 3 by Morgan Stanley. Raymond James maintained Mastercard Incorporated (NYSE:MA) rating on Tuesday, July 24. Raymond James has “Outperform” rating and $244 target. The rating was initiated by UBS with “Hold” on Thursday, May 17. On Wednesday, April 18 the stock rating was maintained by Oppenheimer with “Buy”. The stock of Mastercard Incorporated (NYSE:MA) earned “Outperform” rating by Wells Fargo on Thursday, July 12. Susquehanna maintained Mastercard Incorporated (NYSE:MA) rating on Monday, April 23. Susquehanna has “Buy” rating and $20600 target.

Investors sentiment decreased to 0.86 in 2018 Q1. Its down 0.05, from 0.91 in 2017Q4. It dived, as 47 investors sold MA shares while 533 reduced holdings. 121 funds opened positions while 378 raised stakes. 750.68 million shares or 1.84% less from 764.78 million shares in 2017Q4 were reported. Clinton Gp Inc reported 53,479 shares stake. Jefferies Grp Ltd Liability Corporation holds 38,973 shares. Pcj Invest Counsel Ltd holds 0.14% or 11,500 shares in its portfolio. Pdt Partners Lc stated it has 0.28% in Mastercard Incorporated (NYSE:MA). Perigon Wealth Management Lc reported 0% of its portfolio in Mastercard Incorporated (NYSE:MA). Sensato Investors Ltd Limited Liability Company has invested 1.06% in Mastercard Incorporated (NYSE:MA). Susquehanna Grp Llp has invested 0.08% in Mastercard Incorporated (NYSE:MA). Cap holds 630 shares or 0.04% of its portfolio. Central Savings Bank reported 0.02% stake. 7,611 are owned by Pinnacle Assocs. Wellington Limited Liability Partnership holds 0.23% in Mastercard Incorporated (NYSE:MA) or 5.89 million shares. Mitsubishi Ufj Trust & Banking Corp, a Japan-based fund reported 2.55M shares. Artemis Investment Llp holds 0.65% of its portfolio in Mastercard Incorporated (NYSE:MA) for 239,632 shares. Wealth Architects Ltd Liability Corp invested in 0.1% or 1,691 shares. 2,579 were reported by Aspiriant Ltd Liability Com.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on October, 30. They expect $1.67 earnings per share, up 24.63% or $0.33 from last year’s $1.34 per share. MA’s profit will be $1.73B for 30.33 P/E if the $1.67 EPS becomes a reality. After $1.66 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 0.60% EPS growth.

Harris Associates LP increased Adient Plc stake by 2.33M shares to 4.80 million valued at $286.69M in 2018Q1. It also upped Oracle Corp (NYSE:ORCL) stake by 25,956 shares and now owns 45.25M shares. Qorvo Inc was raised too.

Since March 9, 2018, it had 0 insider purchases, and 7 sales for $56.62 million activity. Shares for $692,252 were sold by Fraccaro Michael on Monday, April 9. $866,104 worth of Mastercard Incorporated (NYSE:MA) was sold by Haythornthwaite Richard. 5,950 shares were sold by CARLUCCI DAVID R, worth $1.09M. On Thursday, May 3 the insider Vosburg Craig sold $3.25 million. Murphy Timothy H also sold $5.53M worth of Mastercard Incorporated (NYSE:MA) on Monday, March 19. 239,020 shares valued at $44.45 million were sold by BANGA AJAY on Thursday, May 3.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Seekingalpha.com which released: “Mastercard: Overpriced At Current Levels” on August 06, 2018, also Seekingalpha.com with their article: “Mastercard: It Will Keep Going Higher” published on July 27, 2018, Seekingalpha.com published: “Mastercard, Inc. 2018 Q2 – Results – Earnings Call Slides” on July 26, 2018. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Tractor Supply Is A Buy – Cramer’s Lightning Round (8/8/18)” published on August 09, 2018 as well as Seekingalpha.com‘s news article titled: “Mastercard: Invest In Cashless Transactions” with publication date: July 16, 2018.

Mastercard Incorporated (NYSE:MA) Institutional Positions Chart

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