Advisor OS LLC Raises Stock Position in Mastercard Incorporated (NYSE:MA)

Advisor OS LLC lifted its holdings in Mastercard Incorporated (NYSE:MA) by 32.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,455 shares of the credit services provider’s stock after purchasing an additional 353 shares during the period. Advisor OS LLC’s holdings in Mastercard were worth $621,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MA. Activest Wealth Management increased its holdings in shares of Mastercard by 87.4% in the 4th quarter. Activest Wealth Management now owns 536 shares of the credit services provider’s stock valued at $229,000 after acquiring an additional 250 shares during the last quarter. Cross Staff Investments Inc raised its holdings in Mastercard by 16.3% during the fourth quarter. Cross Staff Investments Inc now owns 3,148 shares of the credit services provider’s stock worth $1,343,000 after purchasing an additional 441 shares in the last quarter. Everett Harris & Co. CA lifted its position in shares of Mastercard by 0.5% during the 4th quarter. Everett Harris & Co. CA now owns 49,539 shares of the credit services provider’s stock worth $21,129,000 after buying an additional 252 shares during the last quarter. Atlantic Union Bankshares Corp boosted its holdings in shares of Mastercard by 23.9% in the 4th quarter. Atlantic Union Bankshares Corp now owns 12,124 shares of the credit services provider’s stock valued at $5,171,000 after buying an additional 2,337 shares in the last quarter. Finally, J.Safra Asset Management Corp grew its position in shares of Mastercard by 7.2% in the 4th quarter. J.Safra Asset Management Corp now owns 490 shares of the credit services provider’s stock valued at $209,000 after buying an additional 33 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Trading Down 0.7 %

NYSE:MA traded down $3.16 on Tuesday, reaching $454.60. The stock had a trading volume of 218,165 shares, compared to its average volume of 2,426,950. Mastercard Incorporated has a 12-month low of $357.85 and a 12-month high of $490.00. The company has a market cap of $422.60 billion, a price-to-earnings ratio of 36.39, a P/E/G ratio of 1.79 and a beta of 1.08. The firm’s fifty day moving average is $467.18 and its two-hundred day moving average is $441.36. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.09 and a quick ratio of 1.09.

Mastercard (NYSE:MA) last announced its earnings results on Wednesday, May 1st. The credit services provider reported $3.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.22 by $0.09. The firm had revenue of $6.35 billion for the quarter, compared to analyst estimates of $6.34 billion. Mastercard had a net margin of 46.09% and a return on equity of 183.70%. Mastercard’s revenue was up 10.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.80 earnings per share. Equities analysts expect that Mastercard Incorporated will post 14.23 EPS for the current fiscal year.

Insider Buying and Selling

In other Mastercard news, major shareholder Foundation Mastercard sold 142,000 shares of the business’s stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $442.14, for a total transaction of $62,783,880.00. Following the completion of the sale, the insider now owns 96,377,308 shares of the company’s stock, valued at $42,612,262,959.12. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, major shareholder Foundation Mastercard sold 142,000 shares of the stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $442.14, for a total transaction of $62,783,880.00. Following the completion of the sale, the insider now owns 96,377,308 shares of the company’s stock, valued at approximately $42,612,262,959.12. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Sandra A. Arkell sold 300 shares of Mastercard stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $447.23, for a total transaction of $134,169.00. Following the transaction, the insider now directly owns 4,063 shares in the company, valued at $1,817,095.49. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,165,688 shares of company stock valued at $528,890,477. 0.13% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have issued reports on MA. Robert W. Baird upped their price objective on shares of Mastercard from $525.00 to $545.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. KeyCorp raised their target price on shares of Mastercard from $475.00 to $490.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. William Blair reiterated an “outperform” rating on shares of Mastercard in a research note on Wednesday, January 31st. Susquehanna restated a “positive” rating and issued a $535.00 price objective on shares of Mastercard in a research note on Wednesday, April 3rd. Finally, Wells Fargo & Company raised their price target on Mastercard from $490.00 to $530.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Two analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $497.78.

About Mastercard

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.