Bedrijfstakpensioenfonds Voor DE Media PNO lessened its holdings in Mastercard Inc (NYSE:MA) by 7.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,500 shares of the credit services provider’s stock after selling 7,500 shares during the quarter. Mastercard accounts for 3.8% of Bedrijfstakpensioenfonds Voor DE Media PNO’s investment portfolio, making the stock its 6th biggest position. Bedrijfstakpensioenfonds Voor DE Media PNO’s holdings in Mastercard were worth $22,045,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. B & T Capital Management DBA Alpha Capital Management lifted its holdings in shares of Mastercard by 0.5% in the 3rd quarter. B & T Capital Management DBA Alpha Capital Management now owns 7,284 shares of the credit services provider’s stock worth $1,978,000 after buying an additional 37 shares during the period. Bingham Osborn & Scarborough LLC lifted its stake in Mastercard by 4.3% in the third quarter. Bingham Osborn & Scarborough LLC now owns 892 shares of the credit services provider’s stock worth $242,000 after acquiring an additional 37 shares during the period. First Personal Financial Services grew its holdings in Mastercard by 4.8% during the 2nd quarter. First Personal Financial Services now owns 832 shares of the credit services provider’s stock worth $220,000 after acquiring an additional 38 shares in the last quarter. Campbell Wealth Management grew its holdings in Mastercard by 3.9% during the 2nd quarter. Campbell Wealth Management now owns 1,007 shares of the credit services provider’s stock worth $266,000 after acquiring an additional 38 shares in the last quarter. Finally, Virtus ETF Advisers LLC grew its holdings in Mastercard by 23.0% during the 2nd quarter. Virtus ETF Advisers LLC now owns 203 shares of the credit services provider’s stock worth $54,000 after acquiring an additional 38 shares in the last quarter. Institutional investors own 73.81% of the company’s stock.

In other news, insider Michael Miebach sold 2,770 shares of the stock in a transaction on Wednesday, September 4th. The stock was sold at an average price of $285.00, for a total value of $789,450.00. Following the sale, the insider now directly owns 12,778 shares in the company, valued at $3,641,730. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Foundation Mastercard sold 7,542 shares of Mastercard stock in a transaction on Wednesday, October 23rd. The shares were sold at an average price of $261.82, for a total value of $1,974,646.44. Following the completion of the transaction, the insider now owns 111,969,978 shares of the company’s stock, valued at $29,315,979,639.96. The disclosure for this sale can be found here. Insiders have sold a total of 98,279 shares of company stock valued at $27,063,012 over the last 90 days. 3.70% of the stock is currently owned by company insiders.

MA has been the subject of several recent research reports. Royal Bank of Canada set a $315.00 price target on shares of Mastercard and gave the company a “buy” rating in a report on Wednesday, August 7th. ValuEngine lowered shares of Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. William Blair reissued an “outperform” rating on shares of Mastercard in a research note on Friday, September 13th. Barclays upped their target price on Mastercard from $310.00 to $319.00 and gave the stock an “overweight” rating in a report on Monday, August 5th. Finally, Moffett Nathanson set a $320.00 target price on Mastercard and gave the company a “buy” rating in a research report on Wednesday, September 18th. Three analysts have rated the stock with a hold rating and twenty-five have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $303.32.

Mastercard stock traded down $1.98 during midday trading on Tuesday, reaching $284.49. The company’s stock had a trading volume of 792,065 shares, compared to its average volume of 2,953,784. The stock has a market capitalization of $294.82 billion, a P/E ratio of 43.84, a PEG ratio of 2.38 and a beta of 1.04. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.39 and a quick ratio of 1.39. The stock’s 50-day simple moving average is $278.13 and its 200-day simple moving average is $271.88. Mastercard Inc has a 52-week low of $171.89 and a 52-week high of $293.69.

Mastercard (NYSE:MA) last released its quarterly earnings results on Tuesday, October 29th. The credit services provider reported $2.15 EPS for the quarter, topping the consensus estimate of $2.01 by $0.14. Mastercard had a return on equity of 146.92% and a net margin of 42.50%. The business had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.41 billion. During the same period last year, the business posted $1.78 earnings per share. The company’s quarterly revenue was up 14.6% on a year-over-year basis. As a group, equities research analysts expect that Mastercard Inc will post 7.69 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Wednesday, October 9th were paid a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 0.46%. The ex-dividend date of this dividend was Tuesday, October 8th. Mastercard’s payout ratio is 20.34%.

Mastercard Profile

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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