DSG Capital Advisors LLC Makes New Investment in Mastercard Incorporated (NYSE:MA)

DSG Capital Advisors LLC bought a new position in Mastercard Incorporated (NYSE:MA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,279 shares of the credit services provider's stock, valued at approximately $4,886,000.

A number of other institutional investors and hedge funds have also bought and sold shares of MA. Addison Advisors LLC raised its position in Mastercard by 3.8% during the fourth quarter. Addison Advisors LLC now owns 493 shares of the credit services provider's stock worth $260,000 after acquiring an additional 18 shares during the period. Capital Investment Advisory Services LLC raised its position in shares of Mastercard by 0.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider's stock worth $1,651,000 after purchasing an additional 19 shares during the last quarter. Capital Investment Services of America Inc. lifted its stake in Mastercard by 4.2% in the 4th quarter. Capital Investment Services of America Inc. now owns 475 shares of the credit services provider's stock valued at $250,000 after buying an additional 19 shares in the last quarter. Augustine Asset Management Inc. lifted its stake in Mastercard by 1.1% in the 4th quarter. Augustine Asset Management Inc. now owns 1,797 shares of the credit services provider's stock valued at $946,000 after buying an additional 19 shares in the last quarter. Finally, Richard W. Paul & Associates LLC boosted its holdings in Mastercard by 0.9% in the 4th quarter. Richard W. Paul & Associates LLC now owns 2,245 shares of the credit services provider's stock worth $1,182,000 after buying an additional 19 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on MA shares. Citigroup boosted their price target on Mastercard from $650.00 to $652.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. UBS Group lifted their target price on shares of Mastercard from $640.00 to $660.00 and gave the stock a "buy" rating in a research note on Wednesday. KeyCorp increased their target price on shares of Mastercard from $630.00 to $635.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. The Goldman Sachs Group restated a "buy" rating and set a $633.00 price target on shares of Mastercard in a research report on Wednesday, April 2nd. Finally, Evercore ISI began coverage on shares of Mastercard in a research note on Wednesday, April 9th. They set an "in-line" rating and a $550.00 price objective for the company. Six investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $608.57.

Mastercard Stock Up 1.0%

MA stock traded up $5.49 during trading on Friday, hitting $583.27. 4,581,021 shares of the company's stock were exchanged, compared to its average volume of 2,610,146. The business has a 50-day moving average price of $543.93 and a two-hundred day moving average price of $539.80. 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 capitalization of $531.77 billion, a price-to-earnings ratio of 41.99, a PEG ratio of 2.37 and a beta of 1.06. Mastercard Incorporated has a 52-week low of $428.86 and a 52-week high of $588.45.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings data 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 45.71% and a return on equity of 188.47%. The business had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the previous year, the firm earned $3.31 EPS. The company's revenue was up 14.2% compared to the same quarter last year. As a group, equities research analysts expect that Mastercard Incorporated will post 15.91 EPS for the current year.

Insider Buying and Selling

In other news, CEO Michael Miebach sold 15,775 shares of the stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $550.16, for a total value of $8,678,774.00. Following the completion of the sale, the chief executive officer now directly owns 84,871 shares of the company's stock, valued at approximately $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 can be accessed through this hyperlink. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of Mastercard stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $534.68, for a total transaction of $3,813,337.76. Following the completion of the transaction, the insider now directly owns 34,524 shares in the company, valued at $18,459,292.32. The trade was a 17.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,207 shares of company stock worth $12,664,529 in the last ninety days. 0.10% of the stock is owned by corporate insiders.

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.