Mpwm Advisory Solutions LLC Purchases Shares of 68 Mastercard Incorporated (NYSE:MA)

Mpwm Advisory Solutions LLC purchased a new stake in Mastercard Incorporated (NYSE:MA) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 68 shares of the credit services provider’s stock, valued at approximately $36,000.

Other institutional investors also recently modified their holdings of the company. NewSquare Capital LLC bought a new position in shares of Mastercard in the fourth quarter valued at $26,000. Marshall Investment Management LLC bought a new position in shares of Mastercard in the fourth quarter valued at $30,000. Measured Risk Portfolios Inc. bought a new position in shares of Mastercard in the fourth quarter valued at $31,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Mastercard during the 4th quarter valued at $32,000. Finally, Navigoe LLC acquired a new stake in Mastercard during the 4th quarter valued at $33,000. Institutional investors own 97.28% of the company’s stock.

Mastercard Trading Down 1.0%

Shares of NYSE:MA opened at $580.67 on Wednesday. The stock has a market capitalization of $529.40 billion, a PE ratio of 41.80, a P/E/G ratio of 2.37 and a beta of 1.06. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $588.45. The firm has a fifty day moving average price of $538.11 and a 200 day moving average price of $536.73. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, May 1st. The credit services provider reported $3.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.57 by $0.16. The firm had revenue of $7.25 billion during the quarter, compared to analysts’ expectations of $7.12 billion. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. Mastercard’s revenue for the quarter was up 14.2% on a year-over-year basis. During the same period in the prior year, the company posted $3.31 earnings per share. Analysts expect that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Sandra A. Arkell sold 150 shares of the company’s stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $569.45, for a total transaction of $85,417.50. Following the completion of the sale, the insider now directly owns 3,555 shares in the company, valued at $2,024,394.75. This represents a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Miebach sold 15,775 shares of the company’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total transaction of $8,678,774.00. Following the sale, the chief executive officer now owns 84,871 shares of the company’s stock, valued at $46,692,629.36. This trade represents a 15.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,207 shares of company stock worth $12,664,529 over the last ninety days. Company insiders own 0.10% of the company’s stock.

Wall Street Analyst Weigh In

MA has been the topic of several recent analyst reports. Raymond James reissued an “outperform” rating and set a $640.00 target price (up from $614.00) on shares of Mastercard in a research note on Friday, January 31st. KeyCorp lifted their price target on Mastercard from $630.00 to $635.00 and gave the company an “overweight” rating in a report on Friday, May 2nd. Wells Fargo & Company lifted their price target on Mastercard from $585.00 to $625.00 and gave the company an “overweight” rating in a report on Tuesday, February 4th. Tigress Financial reiterated a “strong-buy” rating on shares of Mastercard in a report on Monday, March 10th. Finally, Royal Bank of Canada lifted their price target on Mastercard from $572.00 to $650.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, Mastercard currently has a consensus rating of “Moderate Buy” and a consensus price target of $606.25.

About Mastercard

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.