Vestor Capital LLC lifted its stake in shares of Mastercard Incorporated (NYSE:MA) by 0.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 37,485 shares of the credit services provider’s stock after purchasing an additional 100 shares during the period. Vestor Capital LLC’s holdings in Mastercard were worth $4,553,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. American Beacon Advisors Inc. acquired a new stake in shares of Mastercard during the first quarter worth $100,000. Chicago Partners Investment Group LLC raised its position in shares of Mastercard by 1,365.6% during the second quarter. Chicago Partners Investment Group LLC now owns 938 shares of the credit services provider’s stock worth $105,000 after purchasing an additional 874 shares during the period. Thompson Davis & CO. Inc. raised its position in shares of Mastercard by 170.1% during the second quarter. Thompson Davis & CO. Inc. now owns 867 shares of the credit services provider’s stock worth $105,000 after purchasing an additional 546 shares during the period. Proficio Capital Partners LLC raised its position in shares of Mastercard by 108.2% during the first quarter. Proficio Capital Partners LLC now owns 893 shares of the credit services provider’s stock worth $108,000 after purchasing an additional 464 shares during the period. Finally, Norway Savings Bank raised its position in shares of Mastercard by 1.1% during the second quarter. Norway Savings Bank now owns 960 shares of the credit services provider’s stock worth $117,000 after purchasing an additional 10 shares during the period. 76.08% of the stock is currently owned by institutional investors.

Shares of Mastercard Incorporated (NYSE:MA) opened at $149.54 on Friday. Mastercard Incorporated has a 52 week low of $99.51 and a 52 week high of $152.00. The firm has a market capitalization of $158,312.31, a P/E ratio of 34.70, a P/E/G ratio of 1.99 and a beta of 1.21. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.66 and a current ratio of 1.66.

Mastercard (NYSE:MA) last announced its earnings results on Tuesday, October 31st. The credit services provider reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.11. Mastercard had a return on equity of 78.38% and a net margin of 38.70%. The firm had revenue of $3.40 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the company earned $1.08 EPS. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. equities analysts forecast that Mastercard Incorporated will post 4.54 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 9th. Investors of record on Friday, October 6th were paid a dividend of $0.22 per share. The ex-dividend date of this dividend was Thursday, October 5th. This represents a $0.88 annualized dividend and a yield of 0.59%. Mastercard’s payout ratio is 20.47%.

In other Mastercard news, insider Craig Vosburg sold 14,200 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of $141.86, for a total value of $2,014,412.00. Following the completion of the transaction, the insider now owns 40,646 shares of the company’s stock, valued at approximately $5,766,041.56. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard Haythornthwaite sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $142.51, for a total value of $712,550.00. Following the completion of the transaction, the director now directly owns 45,278 shares of the company’s stock, valued at approximately $6,452,567.78. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,000 shares of company stock valued at $3,582,984. 0.30% of the stock is owned by corporate insiders.

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MA has been the topic of a number of recent analyst reports. Jefferies Group LLC reaffirmed a “buy” rating and set a $147.00 target price (up from $140.00) on shares of Mastercard in a research report on Tuesday, July 18th. Oppenheimer Holdings, Inc. reissued a “buy” rating and set a $145.00 price target on shares of Mastercard in a research report on Friday, September 8th. Nomura upped their price target on Mastercard from $153.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, September 8th. Cowen and Company reissued a “buy” rating and set a $137.00 price target on shares of Mastercard in a research report on Friday, September 8th. Finally, Wedbush reissued a “buy” rating and set a $140.00 price target (up from $129.00) on shares of Mastercard in a research report on Wednesday, September 6th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and twenty-eight have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $157.68.

Mastercard Company Profile

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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