Janiczek Wealth Management LLC Has $907,000 Stock Position in Mastercard Incorporated (NYSE:MA)

Janiczek Wealth Management LLC raised its position in Mastercard Incorporated (NYSE:MA) by 8.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,884 shares of the credit services provider’s stock after acquiring an additional 152 shares during the period. Janiczek Wealth Management LLC’s holdings in Mastercard were worth $907,000 as of its most recent SEC filing.

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

Insiders Place Their Bets

In other Mastercard news, insider Craig Vosburg sold 9,028 shares of the stock in a transaction dated Wednesday, June 5th. The stock was sold at an average price of $447.28, for a total transaction of $4,038,043.84. Following the completion of the sale, the insider now directly owns 58,940 shares in the company, valued at approximately $26,362,683.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, major shareholder Foundation Mastercard sold 109,000 shares of the firm’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $457.46, for a total value of $49,863,140.00. Following the completion of the sale, the insider now directly owns 97,215,308 shares in the company, valued at approximately $44,472,114,797.68. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Craig Vosburg sold 9,028 shares of the firm’s stock in a transaction dated Wednesday, June 5th. The shares were sold at an average price of $447.28, for a total value of $4,038,043.84. Following the completion of the sale, the insider now owns 58,940 shares of the company’s stock, valued at $26,362,683.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,163,228 shares of company stock worth $1,428,540,870. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

MA has been the topic of a number of recent research reports. Robert W. Baird increased their price objective on Mastercard from $525.00 to $545.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. TD Cowen initiated coverage on Mastercard in a research note on Thursday, April 11th. They set a “buy” rating and a $545.00 price objective for the company. Barclays decreased their price objective on Mastercard from $549.00 to $530.00 and set an “overweight” rating for the company in a research note on Monday, May 6th. JPMorgan Chase & Co. decreased their price objective on Mastercard from $520.00 to $510.00 and set an “overweight” rating for the company in a research note on Thursday, May 2nd. Finally, Wells Fargo & Company lifted their price objective on Mastercard from $490.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $496.91.

Mastercard Price Performance

Shares of MA traded down $6.73 during trading hours on Thursday, reaching $445.65. The stock had a trading volume of 1,576,448 shares, compared to its average volume of 2,433,281. Mastercard Incorporated has a 12 month low of $359.77 and a 12 month high of $490.00. The stock has a market capitalization of $414.28 billion, a PE ratio of 35.53, a PEG ratio of 1.78 and a beta of 1.09. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.09 and a current ratio of 1.09. The company’s 50-day moving average is $452.02 and its two-hundred day moving average is $452.77.

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 the consensus estimate of $3.22 by $0.09. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.34 billion. Mastercard had a return on equity of 183.70% and a net margin of 46.09%. Mastercard’s revenue for the quarter was up 10.4% compared to the same quarter last year. During the same period last year, the company earned $2.80 EPS. Research analysts expect that Mastercard Incorporated will post 14.26 EPS for the current year.

Mastercard Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 9th. Shareholders of record on Tuesday, July 9th will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Tuesday, July 9th. This represents a $2.64 dividend on an annualized basis and a yield of 0.59%. Mastercard’s payout ratio is currently 20.99%.

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.