Mastercard Incorporated $MA is Toth Financial Advisory Corp's 10th Largest Position

Key Points

• Toth Financial Advisory Corp has reduced its holdings in Mastercard, making it the firm's 10th largest position with a 1.8% share of their investment portfolio valued at $15.16 million.
• Insider transactions have seen significant sales, with CFO J. Mehra Sachin selling 17,816 shares, resulting in a 36.32% decrease of their ownership in the company.
• Mastercard reported a 16.8% increase in quarterly revenue year-over-year, reaching $8.13 billion, and exceeded the earnings per share consensus estimate by $0.10.

Toth Financial Advisory Corp lessened its holdings in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 3.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,980 shares of the credit services provider's stock after selling 844 shares during the period. Mastercard comprises 1.8% of Toth Financial Advisory Corp's holdings, making the stock its 10th largest holding. Toth Financial Advisory Corp's holdings in Mastercard were worth $15,161,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in shares of Mastercard by 42.3% during the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider's stock valued at $3,594,000 after buying an additional 2,028 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its position in Mastercard by 11.8% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 70,472 shares of the credit services provider's stock valued at $37,108,000 after acquiring an additional 7,452 shares during the period. Mascagni Wealth Management Inc. bought a new stake in Mastercard during the 4th quarter valued at about $73,000. Retirement Planning Group LLC grew its stake in shares of Mastercard by 4.6% in the fourth 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. Finally, North Star Asset Management Inc. grew its position in Mastercard by 0.4% during the fourth quarter. North Star Asset Management Inc. now owns 41,533 shares of the credit services provider's stock valued at $21,870,000 after buying an additional 151 shares during the period. Institutional investors own 97.28% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on MA shares. TD Cowen reiterated a "buy" rating and set a $645.00 price objective on shares of Mastercard in a research report on Monday, August 11th. Wall Street Zen upgraded Mastercard from a "hold" rating to a "buy" rating in a report on Friday, July 18th. UBS Group lifted their target price on Mastercard from $660.00 to $670.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Jefferies Financial Group reaffirmed a "buy" rating on shares of Mastercard in a report on Friday, June 6th. Finally, Royal Bank Of Canada upped their price target on Mastercard from $650.00 to $656.00 and gave the stock an "outperform" rating in a research note on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $630.89.

Mastercard Price Performance

Shares of MA stock traded down $2.17 during trading hours on Friday, hitting $583.88. The company had a trading volume of 6,744,713 shares, compared to its average volume of 2,498,610. The firm has a market capitalization of $527.83 billion, a price-to-earnings ratio of 39.37, a PEG ratio of 2.39 and a beta of 0.99. The company has a debt-to-equity ratio of 2.41, a quick ratio of 1.16 and a current ratio of 1.16. The firm's fifty day moving average is $577.23 and its 200 day moving average is $559.16. Mastercard Incorporated has a 12 month low of $465.59 and a 12 month high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The credit services provider reported $4.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.05 by $0.10. The firm had revenue of $8.13 billion for the quarter, compared to the consensus estimate of $7.95 billion. Mastercard had a return on equity of 200.01% and a net margin of 44.93%.The company's revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter last year, the business posted $3.50 EPS. On average, sell-side analysts predict that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Shareholders of record on Thursday, October 9th will be given a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 0.5%. The ex-dividend date is Thursday, October 9th. Mastercard's payout ratio is currently 20.50%.

Insider Buying and Selling at Mastercard

In related news, insider Raj Seshadri sold 1,100 shares of the business's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $546.77, for a total value of $601,447.00. Following the sale, the insider owned 12,921 shares of the company's stock, valued at $7,064,815.17. The trade was a 7.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Julius Genachowski sold 312 shares of the stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $570.67, for a total transaction of $178,049.04. Following the transaction, the director directly owned 8,469 shares in the company, valued at $4,833,004.23. This trade represents a 3.55% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 38,717 shares of company stock worth $22,684,831. Company insiders own 0.09% of the company's stock.

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.