Blair William & Co. IL Buys 120 Shares of Mastercard Incorporated (NYSE:MA)

Blair William & Co. IL increased its stake in shares of Mastercard Incorporated (NYSE:MA) by 0.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,046,742 shares of the credit services provider’s stock after purchasing an additional 120 shares during the quarter. Mastercard makes up 1.4% of Blair William & Co. IL’s holdings, making the stock its 12th largest position. Blair William & Co. IL owned 0.11% of Mastercard worth $461,781,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. increased its position in shares of Mastercard by 8.3% during the fourth quarter. Gilbert & Cook Inc. now owns 3,134 shares of the credit services provider’s stock worth $1,337,000 after purchasing an additional 241 shares in the last quarter. Aveo Capital Partners LLC grew its stake in Mastercard by 8.8% during the 4th quarter. Aveo Capital Partners LLC now owns 1,427 shares of the credit services provider’s stock worth $609,000 after buying an additional 116 shares during the last quarter. Gryphon Financial Partners LLC increased its position in Mastercard by 7.3% during the 4th quarter. Gryphon Financial Partners LLC now owns 8,431 shares of the credit services provider’s stock valued at $3,565,000 after buying an additional 571 shares in the last quarter. Sachetta LLC purchased a new stake in Mastercard in the fourth quarter valued at about $84,000. Finally, Quest Partners LLC acquired a new stake in Mastercard in the fourth quarter worth about $694,000. Institutional investors own 97.28% of the company’s stock.

Insider Activity

In other Mastercard news, insider Craig Vosburg sold 9,028 shares of the company’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $451.06, for a total transaction of $4,072,169.68. Following the completion of the transaction, the insider now directly owns 58,940 shares in the company, valued at $26,585,476.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, CMO Venkata R. Madabhushi sold 4,685 shares of Mastercard stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $493.10, for a total value of $2,310,173.50. Following the sale, the chief marketing officer now directly owns 17,118 shares of the company’s stock, valued at $8,440,885.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Craig Vosburg sold 9,028 shares of the stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $451.06, for a total value of $4,072,169.68. Following the completion of the transaction, the insider now directly owns 58,940 shares of the company’s stock, valued at $26,585,476.40. The disclosure for this sale can be found here. Insiders have sold 725,152 shares of company stock worth $334,186,128 in the last quarter. Corporate insiders own 0.10% of the company’s stock.

Mastercard Stock Up 0.7 %

MA stock opened at $501.22 on Wednesday. Mastercard Incorporated has a one year low of $359.77 and a one year high of $501.74. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $462.83 and its 200 day moving average is $460.52. The firm has a market cap of $465.94 billion, a PE ratio of 39.84, a P/E/G ratio of 1.92 and a beta of 1.10.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Wednesday, July 31st. The credit services provider reported $3.59 earnings per share for the quarter, beating the consensus estimate of $3.51 by $0.08. The firm had revenue of $6.96 billion during the quarter, compared to analyst estimates of $6.85 billion. Mastercard had a return on equity of 179.78% and a net margin of 46.45%. On average, research analysts forecast that Mastercard Incorporated will post 14.29 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Wednesday, October 9th will be paid a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Wednesday, October 9th. Mastercard’s payout ratio is 20.99%.

Analysts Set New Price Targets

Several research firms have recently issued reports on MA. TD Cowen upped their price objective on shares of Mastercard from $532.00 to $533.00 and gave the company a “buy” rating in a report on Thursday, August 1st. KeyCorp upped their price target on shares of Mastercard from $490.00 to $515.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st. Piper Sandler raised their price target on shares of Mastercard from $531.00 to $536.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. BNP Paribas lowered shares of Mastercard from an “outperform” rating to a “neutral” rating and set a $470.00 price objective on the stock. in a report on Tuesday, September 3rd. Finally, Evercore ISI reduced their target price on Mastercard from $540.00 to $525.00 and set an “outperform” rating for the company in a research note on Tuesday, June 25th. Five equities research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $512.08.

Mastercard 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.