Mastercard Incorporated $MA Holdings Lowered by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC cut its holdings in shares of Mastercard Incorporated (NYSE:MAFree Report) by 16.2% during the 4th quarter, HoldingsChannel reports. The fund owned 52,698 shares of the credit services provider’s stock after selling 10,179 shares during the quarter. Mastercard makes up 2.3% of Motley Fool Wealth Management LLC’s investment portfolio, making the stock its 6th biggest position. Motley Fool Wealth Management LLC’s holdings in Mastercard were worth $30,084,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MA. Brighton Jones LLC increased its stake in shares of Mastercard by 42.3% in the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after buying an additional 2,028 shares during the period. Schnieders Capital Management LLC. increased its stake in shares of Mastercard by 8.5% in the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after buying an additional 200 shares during the period. Betterment LLC increased its stake in shares of Mastercard by 6.5% in the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after buying an additional 58 shares during the period. Worldquant Millennium Advisors LLC increased its stake in shares of Mastercard by 35.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after buying an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC purchased a new position in shares of Mastercard in the second quarter worth $431,000. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Stock Up 1.9%

Shares of Mastercard stock opened at $494.84 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. The company’s fifty day simple moving average is $499.71 and its two-hundred day simple moving average is $524.47. The company has a market cap of $437.23 billion, a P/E ratio of 28.64, a PEG ratio of 1.51 and a beta of 0.74. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77.

Mastercard (NYSE:MAGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. The business had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $3.73 EPS. Research analysts anticipate that Mastercard Incorporated will post 19.6 EPS for the current year.

Trending Headlines about Mastercard

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Analyst Ratings Changes

Several research analysts recently commented on MA shares. Citigroup decreased their target price on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Bank of America started coverage on shares of Mastercard in a research note on Thursday, March 5th. They issued a “buy” rating and a $700.00 target price on the stock. Dbs Bank raised shares of Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. Royal Bank Of Canada decreased their target price on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Six research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Mastercard presently has an average rating of “Buy” and an average price target of $656.04.

Get Our Latest Stock Analysis on Mastercard

Mastercard Company Profile

(Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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