Jaffetilchin Investment Partners Has Decreased Mastercard (MA) Position; Credit Acceptance (CACC)’s Sentiment Is 1.04

April 6, 2018 - By Annabelle Johnson

Mastercard Incorporated (NYSE:MA) Logo

Credit Acceptance Corp (CACC) investors sentiment increased to 1.04 in Q4 2017. It’s up 0.01, from 1.03 in 2017Q3. The ratio has improved, as 81 hedge funds opened new or increased stock positions, while 78 reduced and sold positions in Credit Acceptance Corp. The hedge funds in our database now have: 12.84 million shares, down from 13.13 million shares in 2017Q3. Also, the number of hedge funds holding Credit Acceptance Corp in top ten stock positions was flat from 15 to 15 for the same number . Sold All: 18 Reduced: 60 Increased: 46 New Position: 35.

Jaffetilchin Investment Partners Llc decreased Mastercard Incorporated (MA) stake by 37.64% reported in 2017Q4 SEC filing. Jaffetilchin Investment Partners Llc sold 3,581 shares as Mastercard Incorporated (MA)’s stock rose 14.37%. The Jaffetilchin Investment Partners Llc holds 5,932 shares with $898,000 value, down from 9,513 last quarter. Mastercard Incorporated now has $184.83B valuation. The stock increased 1.21% or $2.11 during the last trading session, reaching $175.8. About 3.43M shares traded. Mastercard Incorporated (NYSE:MA) has risen 54.12% since April 6, 2017 and is uptrending. It has outperformed by 42.57% the S&P500.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on May, 1. They expect $1.25 earnings per share, up 23.76% or $0.24 from last year’s $1.01 per share. MA’s profit will be $1.31B for 35.16 P/E if the $1.25 EPS becomes a reality. After $1.14 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts 9.65% EPS growth.

Investors sentiment increased to 0.91 in 2017 Q4. Its up 0.02, from 0.89 in 2017Q3. It increased, as 46 investors sold MA shares while 492 reduced holdings. 131 funds opened positions while 356 raised stakes. 764.78 million shares or 1.94% less from 779.91 million shares in 2017Q3 were reported. Norman Fields Gottscho Capital Ltd Llc holds 1.65% of its portfolio in Mastercard Incorporated (NYSE:MA) for 19,850 shares. Charter Trust Com has 14,078 shares. Bessemer Grp Inc Inc has 1.56 million shares for 0.92% of their portfolio. Counsel Limited Liability Com Ny invested 0.09% in Mastercard Incorporated (NYSE:MA). Johnson Fincl Gp reported 3,138 shares or 0.06% of all its holdings. Markel Corp has invested 0.52% in Mastercard Incorporated (NYSE:MA). Bancorp Of America De owns 5.59 million shares. 12,393 are held by Seabridge Investment Advsrs Llc. Pillar Pacific Cap Mngmt Ltd Com stated it has 1.32% in Mastercard Incorporated (NYSE:MA). Stephens Ar stated it has 0.19% in Mastercard Incorporated (NYSE:MA). 15,043 are owned by Stone Ridge Asset Ltd Liability Co. Nomura Incorporated owns 77,562 shares. Crestwood Advsr Group Incorporated Ltd Llc has invested 0.11% in Mastercard Incorporated (NYSE:MA). Aviance Cap Mngmt Ltd has invested 0% in Mastercard Incorporated (NYSE:MA). Livforsakringsbolaget Skandia Omsesidigt accumulated 14,325 shares.

Jaffetilchin Investment Partners Llc increased Abbvie Inc (NYSE:ABBV) stake by 3,380 shares to 16,666 valued at $1.61 million in 2017Q4. It also upped Chevron Corp New (NYSE:CVX) stake by 4,009 shares and now owns 11,020 shares. Morgan Stanley (NYSE:MS) was raised too.

Among 40 analysts covering Mastercard Incorporated (NYSE:MA), 36 have Buy rating, 0 Sell and 4 Hold. Therefore 90% are positive. Mastercard Incorporated had 123 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, January 12 by Cowen & Co. The stock has “Mkt Perform” rating by FBR Capital on Thursday, July 30. RBC Capital Markets maintained it with “Buy” rating and $14000 target in Thursday, July 27 report. The firm has “Buy” rating given on Thursday, February 8 by Tigress Financial. As per Wednesday, October 18, the company rating was maintained by Barclays Capital. The firm has “Buy” rating given on Monday, November 6 by Bank of America. On Thursday, February 1 the stock rating was maintained by Mizuho with “Buy”. Stifel Nicolaus maintained Mastercard Incorporated (NYSE:MA) rating on Monday, October 31. Stifel Nicolaus has “Buy” rating and $116 target. The rating was maintained by Nomura on Friday, September 8 with “Buy”. On Thursday, February 1 the stock rating was maintained by Guggenheim with “Buy”.

Since October 12, 2017, it had 0 insider purchases, and 4 sales for $10.08 million activity. $856,027 worth of Mastercard Incorporated (NYSE:MA) was sold by Fraccaro Michael. $1.09 million worth of Mastercard Incorporated (NYSE:MA) shares were sold by CARLUCCI DAVID R. Another trade for 30,628 shares valued at $5.53M was made by Murphy Timothy H on Monday, March 19. McLaughlin Edward Grunde also sold $2.61 million worth of Mastercard Incorporated (NYSE:MA) on Tuesday, January 2.

Abrams Bison Investments Llc holds 54.35% of its portfolio in Credit Acceptance Corporation for 955,404 shares. Prescott General Partners Llc owns 2.31 million shares or 32% of their US portfolio. Moreover, Smith Thomas W has 30.06% invested in the company for 110,678 shares. The Connecticut-based Goodnow Investment Group Llc has invested 11.9% in the stock. Bloombergsen Inc., a Ontario – Canada-based fund reported 417,571 shares.

Credit Acceptance Corporation provides financing programs, and related services and products to automobile dealers in the United States. The company has market cap of $6.34 billion. It advances money to dealers in exchange for the right to service the underlying consumer loans; and buys the consumer loans from the dealers and keeps various amounts collected from the consumers. It has a 13.59 P/E ratio. The firm also engages in the business of reinsuring coverage under vehicle service contracts sold to clients by dealers on vehicles financed by the company.

Analysts await Credit Acceptance Corporation (NASDAQ:CACC) to report earnings on May, 7. They expect $6.11 earnings per share, up 30.84% or $1.44 from last year’s $4.67 per share. CACC’s profit will be $118.58 million for 13.37 P/E if the $6.11 EPS becomes a reality. After $5.16 actual earnings per share reported by Credit Acceptance Corporation for the previous quarter, Wall Street now forecasts 18.41% EPS growth.

The stock increased 1.33% or $4.3 during the last trading session, reaching $326.82. About 66,223 shares traded. Credit Acceptance Corporation (CACC) has risen 74.80% since April 6, 2017 and is uptrending. It has outperformed by 63.25% the S&P500.

Since January 1, 0001, it had 0 insider purchases, and 3 selling transactions for $1.83 million activity.

Credit Acceptance Corporation (NASDAQ:CACC) Institutional Positions Chart