YHB Investment Advisors Inc. Buys 211 Shares of Mastercard Incorporated (NYSE:MA)

YHB Investment Advisors Inc. increased its stake in shares of Mastercard Incorporated (NYSE:MA) by 5.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,151 shares of the credit services provider’s stock after acquiring an additional 211 shares during the period. YHB Investment Advisors Inc.’s holdings in Mastercard were worth $2,050,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC increased its stake in shares of Mastercard by 120,665.3% during the 3rd quarter. International Assets Investment Management LLC now owns 8,041,758 shares of the credit services provider’s stock worth $3,971,020,000 after purchasing an additional 8,035,099 shares during the last quarter. Swedbank AB bought a new position in shares of Mastercard during the 1st quarter worth approximately $660,652,000. PineStone Asset Management Inc. increased its holdings in shares of Mastercard by 145.6% in the second quarter. PineStone Asset Management Inc. now owns 1,777,468 shares of the credit services provider’s stock valued at $784,148,000 after purchasing an additional 1,053,616 shares during the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Mastercard in the second quarter valued at about $259,071,000. Finally, Capital World Investors raised its holdings in Mastercard by 13.3% in the 1st quarter. Capital World Investors now owns 3,293,617 shares of the credit services provider’s stock valued at $1,586,107,000 after acquiring an additional 387,317 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CMO Venkata R. Madabhushi sold 4,685 shares of the stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $493.10, for a total value of $2,310,173.50. Following the completion of the sale, the chief marketing officer now owns 17,118 shares in the company, valued at $8,440,885.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, major shareholder Foundation Mastercard sold 119,000 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was sold at an average price of $468.46, for a total transaction of $55,746,740.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CMO Venkata R. Madabhushi sold 4,685 shares of Mastercard stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $493.10, for a total transaction of $2,310,173.50. Following the completion of the sale, the chief marketing officer now directly owns 17,118 shares in the company, valued at approximately $8,440,885.80. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 340,809 shares of company stock worth $159,610,703 over the last 90 days. 0.10% of the stock is currently owned by corporate insiders.

Mastercard Price Performance

Shares of NYSE MA opened at $513.73 on Thursday. The firm has a market capitalization of $477.57 billion, a P/E ratio of 40.84, a P/E/G ratio of 2.22 and a beta of 1.10. The firm’s 50-day moving average price is $490.23 and its 200-day moving average price is $464.93. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 1.95. Mastercard Incorporated has a 1-year low of $359.77 and a 1-year high of $518.82.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Wednesday, July 31st. The credit services provider reported $3.59 EPS for the quarter, beating analysts’ consensus estimates of $3.51 by $0.08. The firm had revenue of $6.96 billion during the quarter, compared to analysts’ expectations of $6.85 billion. Mastercard had a return on equity of 179.78% and a net margin of 46.45%. Equities research analysts anticipate that Mastercard Incorporated will post 14.3 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 8th. Investors of record on Wednesday, October 9th will be given a $0.66 dividend. The ex-dividend date of this dividend is Wednesday, October 9th. This represents a $2.64 annualized dividend and a yield of 0.51%. Mastercard’s payout ratio is 20.99%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Bank of America boosted their price target on Mastercard from $480.00 to $509.00 and gave the company a “neutral” rating in a research note on Tuesday, September 17th. Royal Bank of Canada boosted their target price on shares of Mastercard from $500.00 to $526.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co. increased their target price on shares of Mastercard from $570.00 to $593.00 and gave the stock an “overweight” rating in a research report on Monday. KeyCorp lifted their price target on shares of Mastercard from $490.00 to $515.00 and gave the company an “overweight” rating in a research report on Thursday, August 1st. Finally, William Blair upgraded Mastercard to a “strong-buy” rating in a research report on Wednesday, July 31st. Four analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $525.68.

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.