1,173 Shares in Mastercard Incorporated (NYSE:MA) Bought by Advisory Resource Group

Advisory Resource Group bought a new position in Mastercard Incorporated (NYSE:MAGet Rating) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,173 shares of the credit services provider’s stock, valued at approximately $453,000.

A number of other institutional investors also recently made changes to their positions in MA. Dorsey & Whitney Trust CO LLC raised its holdings in Mastercard by 13.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 6,503 shares of the credit services provider’s stock valued at $2,338,000 after acquiring an additional 780 shares during the period. CENTRAL TRUST Co raised its holdings in Mastercard by 1.6% during the fourth quarter. CENTRAL TRUST Co now owns 50,248 shares of the credit services provider’s stock valued at $18,055,000 after acquiring an additional 767 shares during the period. Amica Retiree Medical Trust raised its holdings in Mastercard by 23.1% during the fourth quarter. Amica Retiree Medical Trust now owns 5,367 shares of the credit services provider’s stock valued at $1,928,000 after acquiring an additional 1,007 shares during the period. Amica Mutual Insurance Co. raised its holdings in Mastercard by 27.4% during the fourth quarter. Amica Mutual Insurance Co. now owns 45,592 shares of the credit services provider’s stock valued at $16,382,000 after acquiring an additional 9,814 shares during the period. Finally, Martin Capital Advisors LLP bought a new stake in Mastercard during the fourth quarter valued at about $4,928,000. 73.86% of the stock is currently owned by institutional investors.

MA traded down $15.45 on Friday, hitting $363.38. The company had a trading volume of 4,741,764 shares, compared to its average volume of 3,068,598. The company has a market cap of $355.20 billion, a PE ratio of 37.81, a PEG ratio of 1.85 and a beta of 1.08. Mastercard Incorporated has a 12-month low of $305.61 and a 12-month high of $399.92. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.78. The business’s fifty day simple moving average is $350.79 and its 200 day simple moving average is $353.71.

Mastercard (NYSE:MAGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The credit services provider reported $2.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.18 by $0.58. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.90 billion. Mastercard had a net margin of 46.00% and a return on equity of 122.90%. The firm’s quarterly revenue was up 24.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.74 earnings per share. On average, analysts anticipate that Mastercard Incorporated will post 10.11 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 9th. Shareholders of record on Friday, April 8th will be paid a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, April 7th. Mastercard’s payout ratio is currently 20.40%.

In other Mastercard news, insider Craig Vosburg sold 1,561 shares of the firm’s stock in a transaction dated Tuesday, March 29th. The shares were sold at an average price of $365.00, for a total value of $569,765.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Foundation Mastercard sold 155,060 shares of Mastercard stock in a transaction that occurred on Monday, February 7th. The shares were sold at an average price of $377.50, for a total transaction of $58,535,150.00. The disclosure for this sale can be found here. In the last three months, insiders sold 466,741 shares of company stock valued at $176,434,165. 0.33% of the stock is owned by insiders.

A number of equities research analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised their price target on Mastercard from $420.00 to $440.00 in a report on Friday. Raymond James cut their price objective on Mastercard from $453.00 to $447.00 and set an “outperform” rating for the company in a research report on Friday, January 28th. Piper Sandler lowered Mastercard from a “neutral” rating to an “underweight” rating and cut their price objective for the company from $360.00 to $357.00 in a research report on Friday. StockNews.com started coverage on Mastercard in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Morgan Stanley cut their price objective on Mastercard from $449.00 to $442.00 and set an “overweight” rating for the company in a research report on Thursday, April 21st. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $422.53.

Mastercard Profile (Get Rating)

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services.

See Also

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MAGet Rating).

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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1,173 Shares in Mastercard Incorporated (NYSE:MA) Bought by Advisory Resource Group

Advisory Resource Group bought a new position in Mastercard Incorporated (NYSE:MAGet Rating) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,173 shares of the credit services provider’s stock, valued at approximately $453,000.

A number of other institutional investors also recently made changes to their positions in MA. Dorsey & Whitney Trust CO LLC raised its holdings in Mastercard by 13.6% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 6,503 shares of the credit services provider’s stock valued at $2,338,000 after acquiring an additional 780 shares during the period. CENTRAL TRUST Co raised its holdings in Mastercard by 1.6% during the fourth quarter. CENTRAL TRUST Co now owns 50,248 shares of the credit services provider’s stock valued at $18,055,000 after acquiring an additional 767 shares during the period. Amica Retiree Medical Trust raised its holdings in Mastercard by 23.1% during the fourth quarter. Amica Retiree Medical Trust now owns 5,367 shares of the credit services provider’s stock valued at $1,928,000 after acquiring an additional 1,007 shares during the period. Amica Mutual Insurance Co. raised its holdings in Mastercard by 27.4% during the fourth quarter. Amica Mutual Insurance Co. now owns 45,592 shares of the credit services provider’s stock valued at $16,382,000 after acquiring an additional 9,814 shares during the period. Finally, Martin Capital Advisors LLP bought a new stake in Mastercard during the fourth quarter valued at about $4,928,000. 73.86% of the stock is currently owned by institutional investors.

MA traded down $15.45 on Friday, hitting $363.38. The company had a trading volume of 4,741,764 shares, compared to its average volume of 3,068,598. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.78. The company has a market cap of $355.20 billion, a PE ratio of 37.81, a PEG ratio of 1.85 and a beta of 1.08. Mastercard Incorporated has a 12-month low of $305.61 and a 12-month high of $399.92. The business’s fifty day simple moving average is $350.79 and its 200 day simple moving average is $353.71.

Mastercard (NYSE:MAGet Rating) last announced its quarterly earnings data on Thursday, April 28th. The credit services provider reported $2.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.18 by $0.58. The business had revenue of $5.17 billion during the quarter, compared to the consensus estimate of $4.90 billion. Mastercard had a net margin of 46.00% and a return on equity of 122.90%. The firm’s quarterly revenue was up 24.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.74 earnings per share. On average, analysts anticipate that Mastercard Incorporated will post 10.11 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 9th. Shareholders of record on Friday, April 8th will be paid a $0.49 dividend. This represents a $1.96 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Thursday, April 7th. Mastercard’s payout ratio is currently 20.40%.

In other Mastercard news, insider Craig Vosburg sold 1,561 shares of the firm’s stock in a transaction dated Tuesday, March 29th. The shares were sold at an average price of $365.00, for a total value of $569,765.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Foundation Mastercard sold 155,060 shares of Mastercard stock in a transaction that occurred on Monday, February 7th. The shares were sold at an average price of $377.50, for a total transaction of $58,535,150.00. The disclosure for this sale can be found here. In the last three months, insiders sold 466,741 shares of company stock valued at $176,434,165. 0.33% of the stock is owned by insiders.

A number of equities research analysts have commented on the company. JPMorgan Chase & Co. raised their price target on Mastercard from $400.00 to $430.00 in a report on Friday. Deutsche Bank Aktiengesellschaft raised their price objective on Mastercard from $420.00 to $440.00 in a research report on Friday. Morgan Stanley cut their price objective on Mastercard from $449.00 to $442.00 and set an “overweight” rating for the company in a research report on Thursday, April 21st. StockNews.com started coverage on Mastercard in a research report on Thursday, March 31st. They set a “hold” rating for the company. Finally, Citigroup cut their price objective on Mastercard from $445.00 to $435.00 in a research report on Monday, April 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $422.53.

Mastercard Profile (Get Rating)

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers other payment-related products and services.

See Also

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MAGet Rating).

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.