Redwood Investments Upped Logmein (LOGM) Holding; Franklin Resources Lowered By $8.13 Million Its Mastercard (MA) Stake

December 7, 2017 - By Michael Collier

Franklin Resources Inc decreased Mastercard Incorporated (MA) stake by 1.06% reported in 2017Q2 SEC filing. Franklin Resources Inc sold 67,157 shares as Mastercard Incorporated (MA)’s stock rose 7.46%. The Franklin Resources Inc holds 6.29M shares with $763.41M value, down from 6.35M last quarter. Mastercard Incorporated now has $157.81B valuation. The stock increased 1.12% or $1.65 during the last trading session, reaching $149.07. About 323,314 shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since December 7, 2016 and is uptrending. It has outperformed by 7.46% the S&P500.

Redwood Investments Llc increased Logmein Inc. (LOGM) stake by 28.87% reported in 2017Q2 SEC filing. Redwood Investments Llc acquired 18,951 shares as Logmein Inc. (LOGM)’s stock rose 17.94%. The Redwood Investments Llc holds 84,584 shares with $8.84M value, up from 65,633 last quarter. Logmein Inc. now has $6.02 billion valuation. The stock increased 0.48% or $0.55 during the last trading session, reaching $114.35. About 18,308 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since December 7, 2016 and is uptrending. It has outperformed by 85.16% the S&P500.

Among 36 analysts covering Mastercard Incorporated (NYSE:MA), 32 have Buy rating, 0 Sell and 4 Hold. Therefore 89% are positive. Mastercard Incorporated had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Nomura on Friday, September 8 with “Buy”. The firm has “Buy” rating by Piper Jaffray given on Thursday, July 27. The stock has “Overweight” rating by Morgan Stanley on Tuesday, September 19. As per Tuesday, October 31, the company rating was maintained by Cowen & Co. The company was maintained on Wednesday, October 18 by KeyBanc Capital Markets. The company was upgraded on Monday, September 11 by Guggenheim. The firm earned “Buy” rating on Friday, April 29 by Citigroup. The company was initiated on Wednesday, September 30 by Cowen & Co. BMO Capital Markets maintained it with “Outperform” rating and $137 target in Friday, July 28 report. The company was initiated on Friday, April 15 by Compass Point.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on January, 30. They expect $1.12 earnings per share, up 30.23% or $0.26 from last year’s $0.86 per share. MA’s profit will be $1.19B for 33.27 P/E if the $1.12 EPS becomes a reality. After $1.34 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42% negative EPS growth.

Franklin Resources Inc increased 58 Com Inc (NYSE:WUBA) stake by 1.19 million shares to 2.70M valued at $119.29 million in 2017Q2. It also upped Best Buy Inc (NYSE:BBY) stake by 36,978 shares and now owns 101,649 shares. Duluth Hldgs Inc was raised too.

Investors sentiment decreased to 0.88 in Q2 2017. Its down 0.06, from 0.94 in 2017Q1. It turned negative, as 48 investors sold MA shares while 480 reduced holdings. 108 funds opened positions while 357 raised stakes. 790.40 million shares or 0.23% less from 792.22 million shares in 2017Q1 were reported. The Japan-based National Mutual Ins Federation Of Agricultural Cooperatives has invested 0.1% in Mastercard Incorporated (NYSE:MA). Intact Inv Mngmt owns 2,100 shares for 0.01% of their portfolio. Country Savings Bank reported 46 shares. Condor Capital Management stated it has 0.54% in Mastercard Incorporated (NYSE:MA). Sun Life Inc invested 0.09% in Mastercard Incorporated (NYSE:MA). Doheny Asset Management Ca stated it has 0.1% in Mastercard Incorporated (NYSE:MA). The California-based Lpl Fin Ltd Co has invested 0.06% in Mastercard Incorporated (NYSE:MA). Jaffetilchin Ptnrs Limited Liability Com owns 0.35% invested in Mastercard Incorporated (NYSE:MA) for 8,614 shares. Thompson Siegel And Walmsley Lc has 1,775 shares. Voya Management Ltd Llc owns 2.89M shares. Ibm Retirement Fund owns 23,051 shares or 0.58% of their US portfolio. Hartford Financial invested in 0.16% or 2,870 shares. Panagora Asset Management Incorporated invested in 0.61% or 1.25M shares. Investec Asset invested in 0.06% or 111,625 shares. Peak Asset Limited Liability holds 0.36% or 7,954 shares.

Investors sentiment decreased to 1.02 in 2017 Q2. Its down 3.31, from 4.33 in 2017Q1. It is negative, as 59 investors sold LOGM shares while 116 reduced holdings. 66 funds opened positions while 113 raised stakes. 48.76 million shares or 49.78% less from 97.10 million shares in 2017Q1 were reported. Stifel has 6,712 shares for 0% of their portfolio. Peak6 Investments Ltd Partnership has 7,553 shares for 0% of their portfolio. Federated Investors Pa stated it has 29,868 shares. Clarivest Asset Mngmt Limited Liability Corporation holds 0.07% or 27,856 shares in its portfolio. Paloma Prtnrs Mgmt Co invested in 0.13% or 104,278 shares. Tudor Investment Et Al stated it has 9,399 shares or 0.03% of all its holdings. Morgan Stanley accumulated 335,341 shares or 0.01% of the stock. Savings Bank reported 264,489 shares. Sandy Spring Bancshares invested in 0.02% or 1,975 shares. Prelude Cap Mngmt Limited Liability, New York-based fund reported 5,563 shares. Ashford Cap Mgmt owns 208,719 shares. Ngam Advsr Ltd Partnership invested 0.02% in LogMeIn, Inc. (NASDAQ:LOGM). Timpani Cap Ltd Liability, a Wisconsin-based fund reported 18,690 shares. Deutsche Natl Bank Ag owns 148,782 shares or 0.01% of their US portfolio. Ao Asset Mgmt Ltd Limited Liability Company accumulated 7.48% or 294,800 shares.

Redwood Investments Llc decreased Facebook Inc. Class A (NASDAQ:FB) stake by 22,714 shares to 146,617 valued at $22.14M in 2017Q2. It also reduced Burlington Stores Inc. (NYSE:BURL) stake by 53,245 shares and now owns 21,971 shares. General Dynamics Corporation (NYSE:GD) was reduced too.

Among 12 analysts covering LogMeIn (NASDAQ:LOGM), 10 have Buy rating, 0 Sell and 2 Hold. Therefore 83% are positive. LogMeIn had 42 analyst reports since July 24, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with “Hold” on Wednesday, August 9. The stock of LogMeIn, Inc. (NASDAQ:LOGM) earned “Buy” rating by Cowen & Co on Friday, July 28. The firm earned “Outperform” rating on Friday, July 24 by Northland Capital. The company was maintained on Sunday, September 3 by RBC Capital Markets. The firm earned “Outperform” rating on Friday, February 3 by RBC Capital Markets. As per Friday, August 28, the company rating was upgraded by KeyBanc Capital Markets. The rating was maintained by Barclays Capital with “Underweight” on Wednesday, July 27. The stock of LogMeIn, Inc. (NASDAQ:LOGM) has “Buy” rating given on Friday, April 29 by Dougherty & Company. The company was maintained on Thursday, September 21 by Needham. The rating was maintained by Piper Jaffray on Monday, October 23 with “Buy”.

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