Mastercard Incorporated (NYSE:MA) Shares Bought by Compton Wealth Advisory Group LLC

Compton Wealth Advisory Group LLC grew its stake in Mastercard Incorporated (NYSE:MAFree Report) by 2.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,454 shares of the credit services provider’s stock after purchasing an additional 77 shares during the period. Compton Wealth Advisory Group LLC’s holdings in Mastercard were worth $1,664,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Mastercard during the 4th quarter valued at about $4,595,559,000. International Assets Investment Management LLC increased its position in shares of Mastercard by 43,445.1% in the fourth quarter. International Assets Investment Management LLC now owns 2,936,684 shares of the credit services provider’s stock valued at $1,252,525,000 after buying an additional 2,929,940 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Mastercard by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 75,253,734 shares of the credit services provider’s stock worth $32,096,470,000 after buying an additional 742,076 shares during the period. Capital International Investors grew its stake in Mastercard by 3.3% in the 4th quarter. Capital International Investors now owns 21,041,685 shares of the credit services provider’s stock valued at $8,974,478,000 after acquiring an additional 676,452 shares during the period. Finally, Capital Research Global Investors increased its holdings in Mastercard by 4.7% in the 4th quarter. Capital Research Global Investors now owns 13,608,023 shares of the credit services provider’s stock worth $5,803,956,000 after acquiring an additional 605,909 shares in the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Mastercard

In other Mastercard news, major shareholder Foundation Mastercard sold 107,000 shares of Mastercard stock in a transaction dated Monday, June 17th. The stock was sold at an average price of $445.98, for a total value of $47,719,860.00. Following the completion of the transaction, the insider now directly owns 92,891,308 shares of the company’s stock, valued at approximately $41,427,665,541.84. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Mastercard news, insider Sandra A. Arkell sold 300 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $447.23, for a total value 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Foundation Mastercard sold 107,000 shares of the firm’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $445.98, for a total transaction of $47,719,860.00. Following the sale, the insider now directly owns 92,891,308 shares in the company, valued at approximately $41,427,665,541.84. The disclosure for this sale can be found here. Insiders sold a total of 2,774,200 shares of company stock worth $1,251,670,450 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Mastercard Trading Up 0.5 %

Shares of NYSE:MA traded up $2.34 during midday trading on Friday, reaching $454.85. 5,062,383 shares of the company’s stock were exchanged, compared to its average volume of 2,114,539. The stock has a market cap of $422.83 billion, a price-to-earnings ratio of 36.16, a P/E/G ratio of 1.77 and a beta of 1.09. Mastercard Incorporated has a fifty-two week low of $359.77 and a fifty-two week high of $490.00. The firm’s 50 day simple moving average is $452.30 and its two-hundred day simple moving average is $452.16. 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:MAGet Free Report) last announced its quarterly earnings results on Wednesday, May 1st. The credit services provider reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $3.22 by $0.09. Mastercard had a net margin of 46.09% and a return on equity of 183.70%. The business had revenue of $6.35 billion during the quarter, compared to analysts’ expectations of $6.34 billion. During the same period last year, the business earned $2.80 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, sell-side analysts forecast that Mastercard Incorporated will post 14.22 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 9th. Shareholders of record on Tuesday, July 9th will be paid a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date of this dividend is Tuesday, July 9th. Mastercard’s dividend payout ratio (DPR) is 20.99%.

Analyst Upgrades and Downgrades

MA has been the topic of several research analyst reports. Robert W. Baird lifted their target price on shares of Mastercard from $525.00 to $545.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Mizuho cut their price objective on Mastercard from $480.00 to $478.00 and set a “buy” rating for the company in a research note on Thursday, May 2nd. Barclays decreased their target price on Mastercard from $549.00 to $530.00 and set an “overweight” rating on the stock in a research report on Monday, May 6th. JPMorgan Chase & Co. dropped their price target on Mastercard from $520.00 to $510.00 and set an “overweight” rating for the company in a research report on Thursday, May 2nd. Finally, Susquehanna restated a “positive” rating and issued a $535.00 price objective on shares of Mastercard in a report on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and a consensus price target of $497.78.

Read Our Latest Research Report on MA

Mastercard Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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