Northstar Investment Advisors LLC raised its position in Mastercard Inc (NYSE:MA) by 18.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,720 shares of the credit services provider’s stock after acquiring an additional 582 shares during the quarter. Northstar Investment Advisors LLC’s holdings in Mastercard were worth $876,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. New Capital Management LP grew its position in shares of Mastercard by 50.0% during the fourth quarter. New Capital Management LP now owns 150 shares of the credit services provider’s stock worth $28,000 after buying an additional 50 shares in the last quarter. HCR Wealth Advisors grew its position in shares of Mastercard by 4.5% during the fourth quarter. HCR Wealth Advisors now owns 1,164 shares of the credit services provider’s stock worth $220,000 after buying an additional 50 shares in the last quarter. Gables Capital Management Inc. grew its position in shares of Mastercard by 0.6% during the fourth quarter. Gables Capital Management Inc. now owns 8,694 shares of the credit services provider’s stock worth $1,640,000 after buying an additional 50 shares in the last quarter. Mission Wealth Management LP grew its position in shares of Mastercard by 2.1% during the fourth quarter. Mission Wealth Management LP now owns 2,451 shares of the credit services provider’s stock worth $462,000 after buying an additional 51 shares in the last quarter. Finally, Parisi Gray Wealth Management grew its position in shares of Mastercard by 0.3% during the fourth quarter. Parisi Gray Wealth Management now owns 14,958 shares of the credit services provider’s stock worth $2,785,000 after buying an additional 52 shares in the last quarter. 75.55% of the stock is owned by institutional investors.

In other news, insider Edward Grunde Mclaughlin sold 20,269 shares of the company’s stock in a transaction that occurred on Tuesday, January 22nd. The stock was sold at an average price of $199.53, for a total transaction of $4,044,273.57. Following the completion of the sale, the insider now owns 37,374 shares in the company, valued at $7,457,234.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Miebach sold 2,711 shares of the company’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was sold at an average price of $240.28, for a total value of $651,399.08. Following the sale, the insider now owns 20,492 shares of the company’s stock, valued at approximately $4,923,817.76. The disclosure for this sale can be found here. In the last quarter, insiders sold 99,716 shares of company stock valued at $22,428,540. 0.32% of the stock is owned by company insiders.

Shares of NYSE MA opened at $240.89 on Monday. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.39 and a quick ratio of 1.39. Mastercard Inc has a twelve month low of $170.65 and a twelve month high of $242.65. The company has a market capitalization of $247.13 billion, a price-to-earnings ratio of 37.12, a PEG ratio of 1.92 and a beta of 1.14.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, January 31st. The credit services provider reported $1.55 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.52 by $0.03. Mastercard had a return on equity of 122.25% and a net margin of 39.19%. The company had revenue of $3.81 billion during the quarter, compared to analysts’ expectations of $3.79 billion. As a group, sell-side analysts anticipate that Mastercard Inc will post 7.56 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 9th will be paid a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Monday, April 8th. Mastercard’s dividend payout ratio is currently 20.34%.

A number of equities analysts recently issued reports on MA shares. Zacks Investment Research downgraded Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. Wells Fargo & Co upped their price target on Mastercard from $238.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, April 11th. Deutsche Bank upped their price target on Mastercard from $221.00 to $267.00 and gave the company a “buy” rating in a report on Monday, April 1st. Wedbush upped their price target on Mastercard from $220.00 to $235.00 and gave the company an “outperform” rating in a report on Thursday, March 14th. Finally, Oppenheimer upped their price target on Mastercard from $221.00 to $242.00 and gave the company an “outperform” rating in a report on Monday, February 4th. Three equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $233.48.

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About Mastercard

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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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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