Mastercard Incorporated $MA Shares Sold by Dearborn Partners LLC

Dearborn Partners LLC lessened its holdings in Mastercard Incorporated (NYSE:MAFree Report) by 3.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,090 shares of the credit services provider’s stock after selling 2,302 shares during the period. Mastercard comprises approximately 2.0% of Dearborn Partners LLC’s portfolio, making the stock its 7th biggest position. Dearborn Partners LLC’s holdings in Mastercard were worth $39,442,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Mastercard by 820.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after buying an additional 41 shares during the period. Foster Dykema Cabot & Partners LLC boosted its position in shares of Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after buying an additional 40 shares during the period. Tacita Capital Inc boosted its position in shares of Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after buying an additional 19 shares during the period. Bay Harbor Wealth Management LLC boosted its position in shares of Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after buying an additional 20 shares during the period. Finally, Birchbrook Inc. acquired a new stake in shares of Mastercard in the fourth quarter worth $37,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

Analyst Ratings Changes

MA has been the subject of several recent analyst reports. Raymond James Financial set a $609.00 target price on Mastercard in a research report on Friday, May 1st. Dbs Bank raised Mastercard to a “moderate buy” rating in a research report on Friday, March 27th. Tigress Financial raised their target price on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a research report on Friday, March 13th. Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, BNP Paribas Exane raised Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price objective for the company in a research report on Thursday, March 19th. Six analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Mastercard currently has a consensus rating of “Buy” and a consensus price target of $656.04.

Read Our Latest Stock Report on Mastercard

Mastercard Price Performance

MA opened at $491.67 on Friday. The stock has a market cap of $434.43 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.53 and a beta of 0.74. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77. 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 stock has a fifty day moving average price of $499.81 and a 200 day moving average price of $525.11.

Mastercard (NYSE:MAGet Free Report) last released 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 firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the firm earned $3.73 earnings per share. Analysts forecast that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

About Mastercard

(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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