Guerra Pan Advisors LLC Acquires 21 Shares of Mastercard Incorporated (NYSE:MA)

Guerra Pan Advisors LLC raised its holdings in Mastercard Incorporated (NYSE:MA) by 1.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,225 shares of the credit services provider’s stock after buying an additional 21 shares during the quarter. Guerra Pan Advisors LLC’s holdings in Mastercard were worth $605,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MA. Arrow Financial Corp grew its position in Mastercard by 2.6% in the 3rd quarter. Arrow Financial Corp now owns 3,850 shares of the credit services provider’s stock worth $1,901,000 after purchasing an additional 98 shares during the last quarter. Transcendent Capital Group LLC lifted its stake in shares of Mastercard by 4.8% in the third quarter. Transcendent Capital Group LLC now owns 455 shares of the credit services provider’s stock valued at $225,000 after buying an additional 21 shares during the period. Covestor Ltd grew its position in Mastercard by 4.1% during the third quarter. Covestor Ltd now owns 1,185 shares of the credit services provider’s stock worth $586,000 after buying an additional 47 shares in the last quarter. Troy Asset Management Ltd increased its stake in Mastercard by 11.7% during the third quarter. Troy Asset Management Ltd now owns 138,770 shares of the credit services provider’s stock valued at $68,525,000 after acquiring an additional 14,556 shares during the period. Finally, Mesirow Financial Investment Management Inc. raised its holdings in Mastercard by 0.5% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 57,351 shares of the credit services provider’s stock valued at $28,324,000 after acquiring an additional 312 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Foundation Mastercard sold 119,000 shares of the stock in a transaction on Friday, August 16th. The stock was sold at an average price of $468.46, for a total value of $55,746,740.00. Following the transaction, the insider now owns 92,033,308 shares of the company’s stock, valued at $43,113,923,465.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Mastercard news, CMO Venkata R. Madabhushi sold 4,685 shares of the stock in a transaction on Friday, September 20th. The shares were sold at an average price of $489.86, for a total value of $2,294,994.10. Following the sale, the chief marketing officer now directly owns 15,031 shares in the company, valued at approximately $7,363,085.66. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder Foundation Mastercard sold 119,000 shares of the business’s stock in a transaction on Friday, August 16th. The shares were sold at an average price of $468.46, for a total transaction of $55,746,740.00. Following the completion of the transaction, the insider now directly owns 92,033,308 shares of the company’s stock, valued at $43,113,923,465.68. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 327,370 shares of company stock valued at $153,495,958 over the last 90 days. 0.10% of the stock is owned by company insiders.

Mastercard Stock Up 1.3 %

Shares of NYSE:MA opened at $524.76 on Friday. Mastercard Incorporated has a 12 month low of $386.74 and a 12 month high of $528.84. The firm has a market cap of $481.64 billion, a P/E ratio of 39.69, a P/E/G ratio of 2.28 and a beta of 1.10. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.36. The company’s 50-day moving average price is $499.68 and its two-hundred day moving average price is $468.84.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, October 31st. The credit services provider reported $3.89 EPS for the quarter, beating the consensus estimate of $3.73 by $0.16. Mastercard had a net margin of 45.26% and a return on equity of 178.27%. The business had revenue of $7.37 billion for the quarter, compared to analysts’ expectations of $7.27 billion. During the same period in the prior year, the firm earned $3.39 earnings per share. Mastercard’s revenue was up 12.8% compared to the same quarter last year. As a group, research analysts forecast that Mastercard Incorporated will post 14.45 EPS for the current fiscal year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Wednesday, October 9th were given a dividend of $0.66 per share. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.50%. Mastercard’s payout ratio is currently 19.97%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Argus raised Mastercard to a “strong-buy” rating in a report on Thursday, August 1st. Oppenheimer initiated coverage on shares of Mastercard in a report on Tuesday, October 1st. They issued an “outperform” rating and a $591.00 price target on the stock. Susquehanna raised their price objective on shares of Mastercard from $540.00 to $605.00 and gave the stock a “positive” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft upped their target price on shares of Mastercard from $510.00 to $580.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Finally, Mizuho raised their price target on shares of Mastercard from $496.00 to $532.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a hold rating, twenty have issued a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $540.17.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.