Mastercard Incorporated $MA Shares Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC grew its holdings in shares of Mastercard Incorporated (NYSE:MA) by 0.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,786 shares of the credit services provider’s stock after buying an additional 71 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Mastercard were worth $9,995,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of MA. Flaharty Asset Management LLC purchased a new position in shares of Mastercard in the first quarter valued at $27,000. Keystone Global Partners LLC acquired a new stake in Mastercard in the first quarter valued at $31,000. 10Elms LLP acquired a new stake in Mastercard in the fourth quarter valued at $33,000. Hughes Financial Services LLC acquired a new stake in Mastercard in the first quarter valued at $34,000. Finally, Mpwm Advisory Solutions LLC acquired a new stake in Mastercard in the fourth quarter valued at $36,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

MA has been the topic of several recent analyst reports. Morgan Stanley upped their price target on shares of Mastercard from $639.00 to $661.00 and gave the company an “overweight” rating in a report on Friday, August 1st. Wells Fargo & Company upped their price target on shares of Mastercard from $625.00 to $650.00 and gave the company an “overweight” rating in a report on Friday, August 1st. UBS Group increased their target price on shares of Mastercard from $660.00 to $670.00 and gave the stock a “buy” rating in a report on Tuesday, June 3rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Mastercard in a report on Thursday, July 17th. They set a “buy” rating and a $650.00 target price on the stock. Finally, Royal Bank Of Canada increased their target price on shares of Mastercard from $650.00 to $656.00 and gave the stock an “outperform” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $630.89.

Mastercard Trading Up 0.6%

Shares of Mastercard stock opened at $586.63 on Wednesday. The company’s fifty day simple moving average is $575.44 and its 200-day simple moving average is $558.53. The company has a market cap of $530.32 billion, a price-to-earnings ratio of 39.56, a PEG ratio of 2.39 and a beta of 0.99. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 2.41. Mastercard Incorporated has a 1 year low of $465.59 and a 1 year high of $601.77.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 31st. The credit services provider reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.05 by $0.10. The business had revenue of $8.13 billion for the quarter, compared to the consensus estimate of $7.95 billion. Mastercard had a net margin of 44.93% and a return on equity of 200.01%. Mastercard’s quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter last year, the company posted $3.50 earnings per share. As a group, sell-side analysts expect that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Thursday, October 9th will be issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, October 9th. Mastercard’s payout ratio is 20.50%.

Insider Transactions at Mastercard

In other Mastercard news, Director Julius Genachowski sold 312 shares of the business’s stock in a transaction on Monday, July 7th. The shares were sold at an average price of $570.67, for a total value of $178,049.04. Following the sale, the director owned 8,469 shares of the company’s stock, valued at $4,833,004.23. The trade was a 3.55% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Raj Seshadri sold 1,100 shares of the business’s stock in a transaction on Friday, June 27th. The shares were sold at an average price of $546.77, for a total transaction of $601,447.00. Following the completion of the sale, the insider directly owned 12,921 shares in the company, valued at $7,064,815.17. This trade represents a 7.85% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 49,094 shares of company stock worth $26,521,861. 0.09% of the stock is currently owned by company insiders.

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.