CSat Investment Advisory L.P. raised its stake in shares of Mastercard Inc (NYSE:MA) by 7.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,298 shares of the credit services provider’s stock after acquiring an additional 448 shares during the quarter. CSat Investment Advisory L.P.’s holdings in Mastercard were worth $1,521,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Altavista Wealth Management Inc. increased its stake in shares of Mastercard by 2.5% in the fourth quarter. Altavista Wealth Management Inc. now owns 10,436 shares of the credit services provider’s stock valued at $3,116,000 after buying an additional 252 shares in the last quarter. Bluefin Trading LLC acquired a new stake in shares of Mastercard in the fourth quarter valued at $10,214,000. NS Partners Ltd increased its stake in shares of Mastercard by 1.1% in the fourth quarter. NS Partners Ltd now owns 96,171 shares of the credit services provider’s stock valued at $28,716,000 after buying an additional 1,018 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in shares of Mastercard in the fourth quarter valued at $48,000. Finally, Bowen Hanes & Co. Inc. increased its stake in shares of Mastercard by 1.6% in the fourth quarter. Bowen Hanes & Co. Inc. now owns 14,255 shares of the credit services provider’s stock valued at $4,256,000 after buying an additional 220 shares in the last quarter. Institutional investors own 73.87% of the company’s stock.

In related news, Director Lance Darrell Gordon Uggla acquired 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The shares were acquired at an average cost of $265.00 per share, for a total transaction of $265,000.00. Following the completion of the acquisition, the director now directly owns 5,691 shares in the company, valued at approximately $1,508,115. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven J. Freiberg sold 4,230 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $303.98, for a total transaction of $1,285,835.40. Following the sale, the director now owns 5,376 shares in the company, valued at $1,634,196.48. The disclosure for this sale can be found here. Company insiders own 3.79% of the company’s stock.

Shares of NYSE MA traded down $1.90 during midday trading on Friday, reaching $300.40. 1,682,250 shares of the stock were exchanged, compared to its average volume of 4,278,627. The business has a 50-day simple moving average of $273.34 and a two-hundred day simple moving average of $288.30. The company has a market capitalization of $300.89 billion, a price-to-earnings ratio of 38.66, a P/E/G ratio of 3.40 and a beta of 1.06. Mastercard Inc has a 12 month low of $199.99 and a 12 month high of $347.25. The company has a debt-to-equity ratio of 2.30, a current ratio of 1.87 and a quick ratio of 1.87.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Wednesday, April 29th. The credit services provider reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.73 by $0.10. The company had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.98 billion. Mastercard had a net margin of 46.75% and a return on equity of 149.02%. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. During the same period last year, the firm posted $1.78 earnings per share. Equities research analysts expect that Mastercard Inc will post 6.4 earnings per share for the current fiscal year.

MA has been the subject of a number of research reports. Jefferies Financial Group lowered Mastercard from a “buy” rating to a “hold” rating and lowered their target price for the company from $290.00 to $275.00 in a research note on Wednesday, April 15th. BMO Capital Markets reduced their target price on shares of Mastercard from $349.00 to $332.00 and set an “outperform” rating on the stock in a research note on Thursday, April 30th. SunTrust Banks lifted their price target on shares of Mastercard from $295.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Wells Fargo & Co cut their price objective on shares of Mastercard from $370.00 to $325.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Finally, Royal Bank of Canada increased their price objective on shares of Mastercard from $287.00 to $308.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Five research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock. Mastercard has a consensus rating of “Buy” and an average target price of $320.46.

About Mastercard

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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