Shares of Mastercard Inc (NYSE:MA) have received an average rating of “Buy” from the twenty-six brokerages that are covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $263.26.

Several equities analysts have recently commented on the stock. Zacks Investment Research cut shares of HEXO from a “hold” rating to a “sell” rating in a research report on Wednesday, May 15th. Deutsche Bank set a $81.00 price target on shares of Franco Nevada and gave the stock a “hold” rating in a research report on Thursday, July 11th. UBS Group increased their price target on shares of Tableau Software to $134.00 and gave the stock a “neutral” rating in a research report on Thursday, May 2nd. KeyCorp reaffirmed a “buy” rating and set a $158.00 price target on shares of Tableau Software in a research report on Friday, May 3rd. Finally, Wedbush increased their price target on shares of Mastercard from $261.00 to $287.00 and gave the stock an “outperform” rating in a research report on Thursday, June 13th.

In other Mastercard news, major shareholder Foundation Mastercard sold 7,950 shares of the firm’s stock in a transaction dated Thursday, July 18th. The shares were sold at an average price of $275.98, for a total value of $2,194,041.00. Following the transaction, the insider now owns 112,173,812 shares of the company’s stock, valued at $30,957,728,635.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gilberto Caldart sold 46,772 shares of the firm’s stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $241.06, for a total transaction of $11,274,858.32. Following the completion of the transaction, the insider now directly owns 22,280 shares in the company, valued at approximately $5,370,816.80. The disclosure for this sale can be found here. Insiders sold 382,121 shares of company stock worth $96,460,426 in the last three months. 0.32% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Horizon Investments LLC increased its stake in shares of Mastercard by 146.1% during the first quarter. Horizon Investments LLC now owns 3,957 shares of the credit services provider’s stock valued at $930,000 after acquiring an additional 2,349 shares during the period. YorkBridge Wealth Partners LLC increased its stake in shares of Mastercard by 1.0% during the fourth quarter. YorkBridge Wealth Partners LLC now owns 9,858 shares of the credit services provider’s stock valued at $1,860,000 after acquiring an additional 101 shares during the period. FTB Advisors Inc. increased its stake in shares of Mastercard by 5.1% during the fourth quarter. FTB Advisors Inc. now owns 1,271 shares of the credit services provider’s stock valued at $239,000 after acquiring an additional 62 shares during the period. Fort L.P. increased its stake in shares of Mastercard by 73.5% during the fourth quarter. Fort L.P. now owns 8,274 shares of the credit services provider’s stock valued at $1,561,000 after acquiring an additional 3,506 shares during the period. Finally, Asset Dedication LLC increased its stake in shares of Mastercard by 23.1% during the first quarter. Asset Dedication LLC now owns 3,878 shares of the credit services provider’s stock valued at $916,000 after acquiring an additional 727 shares during the period. 74.32% of the stock is currently owned by institutional investors.

Shares of Mastercard stock traded down $1.18 during trading hours on Tuesday, hitting $275.60. 3,047,710 shares of the company’s stock traded hands, compared to its average volume of 2,701,937. The stock has a 50 day moving average of $265.78. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.41 and a current ratio of 1.40. The stock has a market cap of $281.53 billion, a P/E ratio of 42.47, a PEG ratio of 2.16 and a beta of 1.07. Mastercard has a twelve month low of $171.89 and a twelve month high of $280.63.

Mastercard (NYSE:MA) last announced its earnings results on Tuesday, April 30th. The credit services provider reported $1.78 earnings per share for the quarter, beating the consensus estimate of $1.66 by $0.12. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.86 billion. Mastercard had a return on equity of 129.95% and a net margin of 40.82%. The company’s revenue was up 8.6% on a year-over-year basis. During the same period last year, the firm earned $1.50 earnings per share. As a group, sell-side analysts anticipate that Mastercard will post 7.6 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 9th. Shareholders of record on Tuesday, July 9th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, July 8th. This represents a $1.32 dividend on an annualized basis and a yield of 0.48%. Mastercard’s dividend payout ratio is currently 20.34%.

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.

Featured Article: What is the Quick Ratio?

Analyst Recommendations for Mastercard (NYSE:MA)

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.