Mastercard Incorporated (NYSE:MA) Stake Lifted by ROI Financial Advisors LLC

ROI Financial Advisors LLC lifted its holdings in shares of Mastercard Incorporated (NYSE:MA) by 5.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,651 shares of the credit services provider’s stock after acquiring an additional 536 shares during the period. Mastercard accounts for approximately 3.6% of ROI Financial Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. ROI Financial Advisors LLC’s holdings in Mastercard were worth $5,259,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MA. Highline Wealth Partners LLC acquired a new position in shares of Mastercard in the 3rd quarter valued at $25,000. Strategic Investment Solutions Inc. IL acquired a new position in Mastercard in the second quarter valued at $34,000. Fairway Wealth LLC purchased a new position in shares of Mastercard during the second quarter worth about $35,000. First Personal Financial Services acquired a new stake in shares of Mastercard during the third quarter worth about $39,000. Finally, Lowe Wealth Advisors LLC lifted its holdings in shares of Mastercard by 74.0% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 87 shares of the credit services provider’s stock valued at $43,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on MA shares. Deutsche Bank Aktiengesellschaft raised their price target on Mastercard from $510.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. William Blair raised shares of Mastercard to a “strong-buy” rating in a report on Wednesday, July 31st. Bank of America raised their price target on Mastercard from $480.00 to $509.00 and gave the stock a “neutral” rating in a report on Tuesday, September 17th. Barclays upped their price objective on Mastercard from $536.00 to $576.00 and gave the company an “overweight” rating in a research note on Thursday, October 10th. Finally, Oppenheimer initiated coverage on Mastercard in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $591.00 target price on the stock. Four analysts have rated the stock with a hold rating, twenty have issued a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $540.17.

Insider Transactions at Mastercard

In other Mastercard news, major shareholder Foundation Mastercard sold 119,000 shares of the company’s stock in a transaction dated 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 in the company, valued at $43,113,923,465.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other Mastercard news, CMO Venkata R. Madabhushi sold 4,685 shares of the stock in a transaction that occurred on Friday, September 20th. The shares were sold at an average price of $489.86, for a total value of $2,294,994.10. Following the completion of the sale, the chief marketing officer now owns 15,031 shares of the company’s stock, valued at $7,363,085.66. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Foundation Mastercard sold 119,000 shares of the business’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 transaction, the insider now owns 92,033,308 shares in the company, valued at $43,113,923,465.68. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 327,370 shares of company stock worth $153,495,958 in the last ninety days. Insiders own 0.10% of the company’s stock.

Mastercard Stock Down 1.4 %

MA stock opened at $521.50 on Thursday. The stock has a market capitalization of $478.65 billion, a P/E ratio of 39.45, a PEG ratio of 2.32 and a beta of 1.10. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.29 and a current ratio of 1.29. Mastercard Incorporated has a one year low of $394.76 and a one year high of $534.03. The company has a 50 day moving average price of $501.55 and a two-hundred day moving average price of $469.88.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, October 31st. The credit services provider reported $3.89 EPS for the quarter, beating the consensus estimate of $3.73 by $0.16. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. The company had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.27 billion. During the same quarter in the previous year, the business earned $3.39 EPS. The firm’s revenue was up 12.8% on a year-over-year basis. As a group, sell-side analysts expect that Mastercard Incorporated will post 14.45 EPS for the current year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 8th. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.66 per share. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $2.64 annualized dividend and a dividend yield of 0.51%. Mastercard’s dividend payout ratio is presently 19.97%.

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.