475 Shares in Mastercard Incorporated (NYSE:MA) Purchased by BIP Alliance LLC

BIP Alliance LLC acquired a new stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 475 shares of the credit services provider's stock, valued at approximately $250,000.

Several other large investors also recently added to or reduced their stakes in the stock. NewSquare Capital LLC purchased a new position in shares of Mastercard during the fourth quarter valued at $26,000. Marshall Investment Management LLC bought a new position in Mastercard during the 4th quarter worth about $30,000. Measured Risk Portfolios Inc. bought a new position in Mastercard during the 4th quarter worth about $31,000. Halbert Hargrove Global Advisors LLC purchased a new position in Mastercard during the 4th quarter valued at about $32,000. Finally, Navigoe LLC bought a new stake in shares of Mastercard in the 4th quarter valued at about $33,000. 97.28% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mastercard

In other news, CEO Michael Miebach sold 15,775 shares of the stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total value of $8,678,774.00. Following the sale, the chief executive officer now owns 84,871 shares in the company, valued at $46,692,629.36. This represents a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Sandra A. Arkell sold 150 shares of the firm's stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $569.45, for a total transaction of $85,417.50. Following the transaction, the insider now directly owns 3,555 shares of the company's stock, valued at approximately $2,024,394.75. This trade represents a 4.05% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,207 shares of company stock worth $12,664,529. 0.10% of the stock is currently owned by insiders.

Mastercard Trading Up 0.0%

NYSE MA opened at $569.74 on Friday. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $588.45. The company has a fifty day simple moving average of $539.68 and a two-hundred day simple moving average of $537.40. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. The stock has a market cap of $519.44 billion, a P/E ratio of 41.02, a P/E/G ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA - Get Free Report) last released its earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.57 by $0.16. The firm had revenue of $7.25 billion for the quarter, compared to the consensus estimate of $7.12 billion. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. The firm's revenue was up 14.2% on a year-over-year basis. During the same period in the prior year, the firm earned $3.31 EPS. On average, analysts forecast that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Royal Bank of Canada upped their price target on shares of Mastercard from $572.00 to $650.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. The Goldman Sachs Group reissued a "buy" rating and issued a $633.00 price objective on shares of Mastercard in a research note on Wednesday, April 2nd. KeyCorp upped their target price on Mastercard from $630.00 to $635.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. Citigroup lifted their price target on Mastercard from $650.00 to $652.00 and gave the company a "buy" rating in a report on Monday, May 5th. Finally, Raymond James restated an "outperform" rating and set a $640.00 price objective (up from $614.00) on shares of Mastercard in a research note on Friday, January 31st. Six research analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $606.25.

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.

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