996 Shares in Mastercard Incorporated (NYSE:MA) Purchased by Fourth Dimension Wealth LLC

Fourth Dimension Wealth LLC purchased a new stake in Mastercard Incorporated (NYSE:MA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 996 shares of the credit services provider's stock, valued at approximately $525,000.

Several other hedge funds and other institutional investors also recently modified their holdings of MA. Breed s Hill Capital LLC increased its holdings in Mastercard by 158.5% during the 4th quarter. Breed s Hill Capital LLC now owns 1,603 shares of the credit services provider's stock worth $844,000 after acquiring an additional 983 shares during the period. Vise Technologies Inc. increased its holdings in Mastercard by 63.9% during the 4th quarter. Vise Technologies Inc. now owns 16,721 shares of the credit services provider's stock worth $8,805,000 after acquiring an additional 6,519 shares during the period. Retirement Planning Group LLC increased its holdings in Mastercard by 4.6% during the 4th quarter. Retirement Planning Group LLC now owns 677 shares of the credit services provider's stock worth $356,000 after acquiring an additional 30 shares during the period. Northwest Bank & Trust Co increased its holdings in Mastercard by 0.7% during the 4th quarter. Northwest Bank & Trust Co now owns 4,635 shares of the credit services provider's stock worth $2,470,000 after acquiring an additional 32 shares during the period. Finally, Blue Fin Capital Inc. increased its holdings in Mastercard by 0.6% during the 4th quarter. Blue Fin Capital Inc. now owns 25,685 shares of the credit services provider's stock worth $13,525,000 after acquiring an additional 148 shares during the period. Institutional investors own 97.28% of the company's stock.

Insider Buying and Selling at Mastercard

In other news, insider Edward Grunde Mclaughlin sold 7,132 shares of the firm's stock in a transaction dated Wednesday, March 19th. The shares were sold at an average price of $534.68, for a total value of $3,813,337.76. Following the completion of the sale, the insider now directly owns 34,524 shares of the company's stock, valued at approximately $18,459,292.32. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Michael Miebach sold 15,775 shares of the firm's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $550.16, for a total transaction 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 disclosure for this sale can be found here. Insiders sold 23,207 shares of company stock valued at $12,664,529 in the last quarter. Company insiders own 0.10% of the company's stock.

Mastercard Trading Down 1.0%

MA traded down $5.92 during trading on Friday, hitting $564.23. 1,948,767 shares of the stock traded hands, compared to its average volume of 2,611,624. The firm has a market capitalization of $514.41 billion, a P/E ratio of 40.62, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03. The firm has a 50-day moving average of $540.36 and a 200 day moving average of $538.06. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $588.45.

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

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Keefe, Bruyette & Woods upped their target price on shares of Mastercard from $618.00 to $665.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Evercore ISI initiated coverage on shares of Mastercard in a report on Wednesday, April 9th. They set an "in-line" rating and a $550.00 target price on the stock. William Blair reissued an "outperform" rating on shares of Mastercard in a report on Friday, January 31st. KeyCorp increased their price target on shares of Mastercard from $630.00 to $635.00 and gave the stock an "overweight" rating in a report on Friday, May 2nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Six research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $606.25.

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.