Real Talk Capital LLC Invests $205,000 in Mastercard Incorporated $MA

Real Talk Capital LLC acquired a new position in shares of Mastercard Incorporated (NYSE:MA) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 365 shares of the credit services provider’s stock, valued at approximately $205,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in MA. LGT Financial Advisors LLC purchased a new position in Mastercard during the 2nd quarter valued at about $25,000. Family Legacy Financial Solutions LLC purchased a new stake in shares of Mastercard in the 2nd quarter worth approximately $26,000. Flaharty Asset Management LLC bought a new position in shares of Mastercard during the first quarter valued at approximately $27,000. Keystone Global Partners LLC purchased a new position in Mastercard during the first quarter valued at approximately $31,000. Finally, IMG Wealth Management Inc. purchased a new position in Mastercard during the second quarter valued at approximately $31,000. 97.28% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MA shares. Macquarie increased their target price on Mastercard from $655.00 to $660.00 and gave the company an “outperform” rating in a research report on Friday, October 31st. TD Cowen reaffirmed a “buy” rating and set a $645.00 price objective on shares of Mastercard in a research report on Monday, August 11th. The Goldman Sachs Group reiterated a “buy” rating and issued a $713.00 target price on shares of Mastercard in a research note on Thursday, October 30th. Morgan Stanley set a $665.00 price target on shares of Mastercard and gave the company an “overweight” rating in a research report on Friday, October 31st. Finally, Cowen restated a “buy” rating on shares of Mastercard in a report on Friday, October 31st. Four investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $652.50.

Mastercard Trading Up 0.4%

Mastercard stock opened at $529.95 on Thursday. The stock has a 50-day moving average price of $565.34 and a 200 day moving average price of $569.52. The company has a market capitalization of $475.89 billion, a price-to-earnings ratio of 35.73, a price-to-earnings-growth ratio of 2.27 and a beta of 0.92. Mastercard Incorporated has a 52 week low of $465.59 and a 52 week high of $601.77. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.41.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, October 30th. The credit services provider reported $4.38 earnings per share for the quarter, topping the consensus estimate of $4.31 by $0.07. Mastercard had a net margin of 44.93% and a return on equity of 200.01%. The company had revenue of $8.60 billion for the quarter, compared to the consensus estimate of $8.53 billion. During the same quarter in the prior year, the company earned $3.89 EPS. Mastercard’s quarterly revenue was up 16.7% on a year-over-year basis. Sell-side analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Thursday, October 9th were issued a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, October 9th. Mastercard’s dividend payout ratio (DPR) is 19.44%.

Insider Transactions at Mastercard

In other Mastercard news, CFO J. Mehra Sachin sold 17,263 shares of the company’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $591.00, for a total value of $10,202,433.00. Following the sale, the chief financial officer directly owned 31,234 shares of the company’s stock, valued at approximately $18,459,294. This represents a 35.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.09% of the stock is owned by corporate insiders.

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.