Nia Impact Advisors LLC Buys 90 Shares of Mastercard Incorporated (NYSE:MA)

Nia Impact Advisors LLC boosted its stake in Mastercard Incorporated (NYSE:MA) by 1.6% in the 4th quarter, Holdings Channel.com reports. The firm owned 5,675 shares of the credit services provider’s stock after acquiring an additional 90 shares during the quarter. Nia Impact Advisors LLC’s holdings in Mastercard were worth $2,988,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. NewSquare Capital LLC bought a new position in shares of Mastercard during the fourth quarter valued at $26,000. Measured Risk Portfolios Inc. bought a new position in Mastercard during the fourth quarter worth $31,000. Halbert Hargrove Global Advisors LLC bought a new position in Mastercard during the fourth quarter worth $32,000. Marshall Investment Management LLC bought a new position in Mastercard during the fourth quarter worth $30,000. Finally, Navigoe LLC bought a new position in Mastercard during the fourth quarter worth $33,000. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Down 0.3%

Shares of NYSE MA opened at $576.46 on Wednesday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03. The company has a 50-day moving average price of $533.09 and a 200-day moving average price of $534.18. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $582.86. The stock has a market capitalization of $525.56 billion, a P/E ratio of 41.50, a P/E/G ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, beating analysts’ consensus estimates of $3.57 by $0.16. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same period last year, the firm earned $3.31 earnings per share. The firm’s revenue was up 14.2% on a year-over-year basis. On average, equities research analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Analyst Ratings Changes

MA has been the subject of a number of analyst reports. Raymond James reissued an “outperform” rating and set a $640.00 target price (up previously from $614.00) on shares of Mastercard in a research note on Friday, January 31st. Citigroup lifted their target price on shares of Mastercard from $650.00 to $652.00 and gave the stock a “buy” rating in a research note on Monday, May 5th. KeyCorp lifted their target price on shares of Mastercard from $630.00 to $635.00 and gave the stock an “overweight” rating in a research note on Friday, May 2nd. Seaport Res Ptn downgraded shares of Mastercard from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Susquehanna lifted their target price on shares of Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a research note on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Mastercard has an average rating of “Moderate Buy” and a consensus target price of $606.25.

Insider Activity at Mastercard

In other Mastercard news, CEO Michael Miebach sold 15,775 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total value of $8,678,774.00. Following the transaction, the chief executive officer now directly owns 84,871 shares in the company, valued at $46,692,629.36. The trade was a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sandra A. Arkell sold 150 shares of the business’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $580.00, for a total transaction of $87,000.00. Following the completion of the transaction, the insider now owns 3,255 shares in the company, valued at approximately $1,887,900. The trade was a 4.41% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,207 shares of company stock valued at $12,664,529 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.

Mastercard Company Profile

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.