Peloton Wealth Strategists Has Decreased Its Position in Mastercard (MA) as Share Value Rose; United Parcel Service (UPS) Stock Value Rose While Advent Capital Management Has Cut Its Position

United Parcel Service, Inc. (NYSE:UPS) Logo

Advent Capital Management decreased its stake in United Parcel Service Inc (UPS) by 41.16% based on its latest 2019Q1 regulatory filing with the SEC. Advent Capital Management sold 27,980 shares as the company’s stock rose 14.19% . The institutional investor held 40,000 shares of the transportation company at the end of 2019Q1, valued at $4.47M, down from 67,980 at the end of the previous reported quarter. Advent Capital Management who had been investing in United Parcel Service Inc for a number of months, seems to be less bullish one the $98.44 billion market cap company. The stock decreased 1.03% or $1.19 during the last trading session, reaching $114.64. About 677,025 shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 0.64% since August 14, 2018 and is uptrending. It has outperformed by 0.64% the S&P500. Some Historical UPS News: 19/03/2018 – UPS London Switches On Smart Grid To Super-Charge Electric Delivery Fleet; 02/05/2018 – A source familiar with the matter said UPS is in talks to hire trucking company Werner Enterprises to help it compete in this area; 26/04/2018 – United Parcel Service 1Q Rev $17.11B; 07/03/2018 – Coriant Groove™ G30 Sets New Industry Benchmarks – Doubles the Density, Halves the Power, and Ups the Speed by 50%; 02/05/2018 – US News: Exclusive: UPS Weighs Strategy to Deliver Bulky Goods to Boost Growth; 26/04/2018 – UPS SEES TAKING MORE PRICING ACTIONS ON DIFFICULT ITEMS THIS YR; 11/03/2018 – The Register: Rant launches Eric Raymond’s next project: open-source the UPS; 02/05/2018 – CNBC Wires: EXCLUSIVE-UPS SAYS SEEKING TO LAUNCH IN-HOME DELIVERY OPTION FOR BULKY GOODS; 25/04/2018 – UPS – VOLUNTARY RETIREMENT PROGRAM IS DESIGNED TO OCCUR IN PHASES; 11/04/2018 – UPS Study: Purchases From Marketplaces Nearly Universal; Retail Now Global As E-Commerce Shoppers Cross Borders

Peloton Wealth Strategists decreased its stake in Mastercard (MA) by 2.93% based on its latest 2019Q1 regulatory filing with the SEC. Peloton Wealth Strategists sold 1,300 shares as the company’s stock rose 9.46% . The institutional investor held 43,100 shares of the business services company at the end of 2019Q1, valued at $10.15 million, down from 44,400 at the end of the previous reported quarter. Peloton Wealth Strategists who had been investing in Mastercard for a number of months, seems to be less bullish one the $272.80 billion market cap company. The stock decreased 2.06% or $5.65 during the last trading session, reaching $268.88. About 796,633 shares traded. Mastercard Incorporated (NYSE:MA) has risen 37.60% since August 14, 2018 and is uptrending. It has outperformed by 37.60% the S&P500.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Benzinga.com which released: “SunTrust: Internet Stocks Outperforming S&P 500 – Benzinga” on August 13, 2019, also Finance.Yahoo.com with their article: “United Parcel Service, Inc. (NYSE:UPS): Poised For Long-Term Success? – Yahoo Finance” published on April 26, 2019, Finance.Yahoo.com published: “Here’s Why Shares of UPS Gained 11% in June – Yahoo Finance” on July 03, 2019. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Globenewswire.com and their article: “UPS Announces CFO Succession Plan NYSE:UPS – GlobeNewswire” published on August 12, 2019 as well as Benzinga.com‘s news article titled: “UPS’ Marken Consolidates European Presence By Acquiring Three Companies – Benzinga” with publication date: July 16, 2019.

Advent Capital Management, which manages about $4.53B US Long portfolio, upped its stake in Biomarin Pharmaceutical (Prn) by 1.04 million shares to 64.70 million shares, valued at $66.56M in 2019Q1, according to the filing. It also increased its holding in Blackstone Mortgage Tr (Prn) by 1.91 million shares in the quarter, for a total of 35.16M shares, and has risen its stake in Helix Energy Solutions (Prn).

Investors sentiment increased to 1.27 in Q1 2019. Its up 0.36, from 0.91 in 2018Q4. It improved, as 43 investors sold UPS shares while 373 reduced holdings. 128 funds opened positions while 399 raised stakes. 465.49 million shares or 0.08% less from 465.85 million shares in 2018Q4 were reported. Amer Natl Insurance Com Tx reported 0.58% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Northeast Financial Consultants has 0.03% invested in United Parcel Service, Inc. (NYSE:UPS). The Tennessee-based Argent Tru has invested 0.16% in United Parcel Service, Inc. (NYSE:UPS). Brown Advisory Securities Ltd Liability Com stated it has 0.08% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Avalon Advisors Lc has invested 0.46% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). The Oregon-based M Incorporated has invested 0.11% in United Parcel Service, Inc. (NYSE:UPS). Richard C Young & Limited stated it has 107,118 shares or 2.28% of all its holdings. Bellecapital Interest Limited accumulated 3,088 shares or 0.22% of the stock. Edge Wealth Limited Liability Corp reported 0.32% in United Parcel Service, Inc. (NYSE:UPS). Hanson And Doremus Invest Mgmt holds 0.01% or 215 shares. Prio Wealth Partnership holds 99,797 shares or 0.52% of its portfolio. Comml Bank Of Nova Scotia Tru invested 0.46% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Benin Mgmt Corporation has 64,351 shares. Patten Group Incorporated reported 3,697 shares. Whittier Company Of Nevada reported 0.11% stake.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on October, 23. They expect $2.06 earnings per share, up 13.19% or $0.24 from last year’s $1.82 per share. UPS’s profit will be $1.77 billion for 13.91 P/E if the $2.06 EPS becomes a reality. After $1.96 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 5.10% EPS growth.

More notable recent Mastercard Incorporated (NYSE:MA) news were published by: Finance.Yahoo.com which released: “Is Mastercard Incorporated’s (NYSE:MA) CEO Salary Justified? – Yahoo Finance” on June 07, 2019, also Finance.Yahoo.com with their article: “MasterCard (MA) Stock Sinks As Market Gains: What You Should Know – Yahoo Finance” published on July 15, 2019, Seekingalpha.com published: “Fear Of Missing Out (FOMO) And Mastercard – Seeking Alpha” on August 01, 2019. More interesting news about Mastercard Incorporated (NYSE:MA) were released by: Seekingalpha.com and their article: “Mastercard Is Ready To Capitalize On Cashless Trend – Seeking Alpha” published on July 19, 2019 as well as Seekingalpha.com‘s news article titled: “Mastercard: Why I’m Not Interested In Taking Profits – Seeking Alpha” with publication date: August 05, 2019.

Since July 16, 2019, it had 2 insider buys, and 8 insider sales for $42.91 million activity. DAVIS RICHARD K had bought 1,735 shares worth $468,603 on Monday, August 12. The insider Uggla Lance Darrell Gordon bought 1,500 shares worth $413,560.

Peloton Wealth Strategists, which manages about $175.56 million and $144.45 million US Long portfolio, upped its stake in Bk. Of Amer. Conv. Pfd. by 250 shares to 4,145 shares, valued at $5.40 million in 2019Q1, according to the filing. It also increased its holding in Boeing Company (NYSE:BA) by 1,370 shares in the quarter, for a total of 9,495 shares, and has risen its stake in State Street Corp (NYSE:STT).

United Parcel Service, Inc. (NYSE:UPS) Institutional Positions Chart

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