Fiduciary Financial Services of The Southwest Inc. TX Has $5.91 Million Holdings in Mastercard Inc (NYSE:MA)

Fiduciary Financial Services of The Southwest Inc. TX lessened its holdings in shares of Mastercard Inc (NYSE:MA) by 2.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 22,350 shares of the credit services provider’s stock after selling 449 shares during the period. Mastercard comprises 1.7% of Fiduciary Financial Services of The Southwest Inc. TX’s holdings, making the stock its 18th largest holding. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Mastercard were worth $5,912,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in MA. Joseph P. Lucia & Associates LLC bought a new stake in shares of Mastercard during the 2nd quarter worth approximately $26,000. Valley National Advisers Inc. lifted its holdings in shares of Mastercard by 210.9% during the 4th quarter. Valley National Advisers Inc. now owns 143 shares of the credit services provider’s stock worth $27,000 after acquiring an additional 97 shares during the period. Ellis Investment Partners LLC bought a new stake in shares of Mastercard during the 1st quarter worth approximately $30,000. Evolution Wealth Advisors LLC bought a new stake in shares of Mastercard during the 2nd quarter worth approximately $31,000. Finally, Delphi Private Advisors LLC bought a new stake in shares of Mastercard during the 2nd quarter worth approximately $31,000. Hedge funds and other institutional investors own 74.39% of the company’s stock.

Shares of NYSE MA opened at $274.95 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.49 and a current ratio of 1.49. Mastercard Inc has a 52-week low of $171.89 and a 52-week high of $283.33. The company has a 50 day simple moving average of $272.61. The firm has a market cap of $280.87 billion, a PE ratio of 42.37, a P/E/G ratio of 2.13 and a beta of 1.08.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Tuesday, July 30th. The credit services provider reported $1.89 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.82 by $0.07. Mastercard had a net margin of 42.71% and a return on equity of 135.02%. The firm had revenue of $4.11 billion during the quarter, compared to analysts’ expectations of $4.08 billion. During the same period in the prior year, the company posted $1.66 EPS. The company’s revenue was up 12.2% on a year-over-year basis. On average, analysts expect that Mastercard Inc will post 7.61 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, August 9th. Shareholders of record on Tuesday, July 9th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 0.48%. The ex-dividend date of this dividend was Monday, July 8th. Mastercard’s dividend payout ratio (DPR) is currently 20.34%.

In other Mastercard news, Vice Chairman Ann Cairns sold 51,850 shares of the company’s stock in a transaction that occurred on Monday, June 17th. The shares were sold at an average price of $259.80, for a total value of $13,470,630.00. Following the completion of the transaction, the insider now directly owns 134,120 shares in the company, valued at approximately $34,844,376. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David R. Carlucci sold 3,974 shares of the company’s stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of $262.51, for a total transaction of $1,043,214.74. Following the completion of the transaction, the director now owns 54,438 shares of the company’s stock, valued at $14,290,519.38. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 185,621 shares of company stock valued at $50,148,475. Corporate insiders own 3.70% of the company’s stock.

MA has been the subject of a number of recent analyst reports. Wells Fargo & Co increased their price objective on shares of Mastercard from $285.00 to $305.00 and gave the company an “outperform” rating in a research note on Wednesday, July 10th. KeyCorp increased their price objective on shares of Mastercard from $230.00 to $265.00 and gave the company an “overweight” rating in a research note on Friday, May 3rd. Morgan Stanley increased their price objective on shares of Mastercard from $269.00 to $291.00 and gave the company an “overweight” rating in a research note on Thursday, July 11th. Raymond James increased their price objective on shares of Mastercard from $300.00 to $308.00 and gave the company an “outperform” rating in a research note on Wednesday, July 31st. Finally, Barclays increased their price objective on shares of Mastercard from $310.00 to $319.00 and gave the company an “overweight” rating in a research note on Monday, August 5th. Two research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $291.80.

Mastercard Company Profile

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 related products and services.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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