Mastercard Inc (NYSE:MA) Director Richard Haythornthwaite sold 5,000 shares of the stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $307.29, for a total value of $1,536,450.00. Following the completion of the transaction, the director now directly owns 32,573 shares of the company’s stock, valued at approximately $10,009,357.17. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of MA opened at $308.53 on Friday. The company has a market capitalization of $310.16 billion, a P/E ratio of 42.33, a PEG ratio of 3.82 and a beta of 1.08. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.95 and a quick ratio of 1.87. Mastercard Inc has a one year low of $199.99 and a one year high of $347.25. The business’s 50 day simple moving average is $301.05 and its 200-day simple moving average is $291.69.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $1.36 EPS for the quarter, topping the consensus estimate of $1.13 by $0.23. The business had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.26 billion. Mastercard had a return on equity of 129.52% and a net margin of 45.12%. Mastercard’s revenue was down 19.8% compared to the same quarter last year. During the same period in the previous year, the business earned $1.89 EPS. On average, sell-side analysts anticipate that Mastercard Inc will post 6.49 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, July 8th. Mastercard’s payout ratio is currently 20.59%.

Hedge funds have recently bought and sold shares of the stock. 1776 Wealth LLC bought a new position in Mastercard in the 1st quarter worth approximately $28,000. Pacific Center for Financial Services raised its position in Mastercard by 582.4% in the 1st quarter. Pacific Center for Financial Services now owns 116 shares of the credit services provider’s stock worth $28,000 after purchasing an additional 99 shares during the last quarter. Sound Income Strategies LLC raised its position in Mastercard by 70.5% in the 1st quarter. Sound Income Strategies LLC now owns 133 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 55 shares during the last quarter. Wealth Quarterback LLC bought a new position in Mastercard in the 4th quarter worth approximately $33,000. Finally, Lion Street Advisors LLC bought a new position in Mastercard in the 1st quarter worth approximately $39,000. Hedge funds and other institutional investors own 73.87% of the company’s stock.

MA has been the topic of a number of research analyst reports. Barclays increased their target price on Mastercard from $335.00 to $360.00 and gave the stock an “overweight” rating in a report on Wednesday, July 22nd. Wedbush raised their price objective on Mastercard from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Monday, June 1st. SunTrust Banks raised their target price on Mastercard from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. KeyCorp raised their target price on Mastercard from $285.00 to $300.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group cut Mastercard from a “buy” rating to a “hold” rating and decreased their target price for the stock from $290.00 to $275.00 in a research report on Wednesday, April 15th. Five analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the company’s stock. Mastercard presently has a consensus rating of “Buy” and a consensus target price of $331.97.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

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Insider Buying and Selling by Quarter for Mastercard (NYSE:MA)

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