Mastercard Incorporated (NYSE:MA) Shares Purchased by Clarius Group LLC

Clarius Group LLC raised its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 15.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,829 shares of the credit services provider's stock after purchasing an additional 1,162 shares during the period. Clarius Group LLC's holdings in Mastercard were worth $4,839,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in MA. Brighton Jones LLC increased its holdings in shares of Mastercard by 42.3% in the 4th 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 last quarter. Union Bancaire Privee UBP SA bought a new stake in Mastercard during the fourth quarter worth approximately $83,644,000. Bank Pictet & Cie Europe AG increased its stake in Mastercard by 11.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 70,472 shares of the credit services provider's stock worth $37,108,000 after acquiring an additional 7,452 shares during the last quarter. NTV Asset Management LLC raised its position in Mastercard by 4.6% during the fourth quarter. NTV Asset Management LLC now owns 1,164 shares of the credit services provider's stock valued at $613,000 after purchasing an additional 51 shares during the period. Finally, Venturi Wealth Management LLC boosted its holdings in shares of Mastercard by 2.2% in the 4th quarter. Venturi Wealth Management LLC now owns 5,585 shares of the credit services provider's stock worth $2,941,000 after purchasing an additional 122 shares during the period. 97.28% of the stock is owned by institutional investors.

Analyst Ratings Changes

MA has been the topic of several recent analyst reports. Macquarie reduced their price target on Mastercard from $645.00 to $610.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. KeyCorp upped their target price on shares of Mastercard from $630.00 to $635.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. Jefferies Financial Group reissued a "buy" rating on shares of Mastercard in a research note on Friday, June 6th. UBS Group increased their price target on Mastercard from $660.00 to $670.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Finally, Evercore ISI started coverage on shares of Mastercard in a research note on Wednesday, April 9th. They issued an "in-line" rating and a $550.00 price objective for the company. Seven investment analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $610.00.

Insider Activity at Mastercard

In related news, CEO Michael Miebach sold 15,775 shares of Mastercard stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 84,871 shares in the company, valued at $46,692,629.36. The trade was a 15.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Craig Vosburg sold 9,428 shares of Mastercard stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $588.18, for a total value of $5,545,361.04. Following the sale, the insider now directly owns 58,451 shares of the company's stock, valued at $34,379,709.18. This trade represents a 13.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,513 shares of company stock worth $23,166,463 in the last three months. 0.09% of the stock is owned by company insiders.

Mastercard Trading Down 5.4%

Shares of MA stock traded down $31.00 on Thursday, hitting $538.45. 6,961,693 shares of the stock traded hands, compared to its average volume of 2,634,932. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.11 and a current ratio of 1.11. Mastercard Incorporated has a twelve month low of $428.86 and a twelve month high of $594.71. The firm's 50-day moving average price is $558.50 and its two-hundred day moving average price is $544.42. The stock has a market capitalization of $490.91 billion, a PE ratio of 37.76, a PEG ratio of 2.48 and a beta of 1.05.

Mastercard (NYSE:MA - Get Free Report) last announced its earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.57 by $0.16. Mastercard had a net margin of 45.21% and a return on equity of 196.87%. The company had revenue of $7.25 billion during the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the firm posted $3.31 earnings per share. Mastercard's revenue was up 14.2% compared to the same quarter last year. As a group, analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Profile

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.