Roundview Capital LLC Buys 1,440 Shares of Mastercard Incorporated (NYSE:MA)

Roundview Capital LLC boosted its position in Mastercard Incorporated (NYSE:MA - Free Report) by 3.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,740 shares of the credit services provider's stock after buying an additional 1,440 shares during the quarter. Mastercard makes up about 1.6% of Roundview Capital LLC's investment portfolio, making the stock its 12th biggest holding. Roundview Capital LLC's holdings in Mastercard were worth $21,783,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Advisors Preferred LLC boosted its stake in Mastercard by 56.7% during the 1st quarter. Advisors Preferred LLC now owns 1,280 shares of the credit services provider's stock valued at $702,000 after purchasing an additional 463 shares in the last quarter. Close Asset Management Ltd boosted its stake in Mastercard by 3.0% during the 1st quarter. Close Asset Management Ltd now owns 153,696 shares of the credit services provider's stock valued at $84,236,000 after purchasing an additional 4,495 shares in the last quarter. Accredited Investors Inc. boosted its stake in Mastercard by 2.6% during the 1st quarter. Accredited Investors Inc. now owns 718 shares of the credit services provider's stock valued at $394,000 after purchasing an additional 18 shares in the last quarter. Nationale Nederlanden Powszechne Towarzystwo Emerytalne S.A. bought a new position in Mastercard during the 1st quarter valued at $4,398,000. Finally, Proficio Capital Partners LLC boosted its stake in Mastercard by 3.2% during the 1st quarter. Proficio Capital Partners LLC now owns 3,050 shares of the credit services provider's stock valued at $1,672,000 after purchasing an additional 96 shares in the last quarter. 97.28% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on MA shares. Evercore ISI started coverage on Mastercard in a research report on Wednesday, April 9th. They set an "in-line" rating and a $550.00 price objective for the company. The Goldman Sachs Group restated a "buy" rating and issued a $633.00 target price on shares of Mastercard in a report on Wednesday, April 2nd. Royal Bank Of Canada restated an "outperform" rating and issued a $650.00 target price on shares of Mastercard in a report on Tuesday, July 15th. Macquarie cut their price objective on Mastercard from $645.00 to $610.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft began coverage on Mastercard in a report on Thursday, July 17th. They set a "buy" rating and a $650.00 price objective for the company. Five investment analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $612.90.

Insider Activity

In other news, insider Craig Vosburg sold 14,051 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $585.05, for a total value of $8,220,537.55. Following the completion of the transaction, the insider owned 58,451 shares of the company's stock, valued at $34,196,757.55. The trade was a 19.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction of $601,447.00. Following the completion of the transaction, the insider directly owned 12,921 shares of the company's stock, valued at $7,064,815.17. This trade represents a 7.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 38,753 shares of company stock worth $20,351,084 over the last quarter. Corporate insiders own 0.09% of the company's stock.

Mastercard Trading Up 0.8%

MA traded up $4.68 during trading on Friday, reaching $568.18. 1,513,080 shares of the company's stock were exchanged, compared to its average volume of 2,575,199. The company's fifty day moving average price is $565.61 and its 200-day moving average price is $549.91. 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 fifty-two week low of $432.11 and a fifty-two week high of $594.71. The firm has a market capitalization of $518.02 billion, a PE ratio of 39.84, a P/E/G ratio of 2.44 and a beta of 1.02.

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

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Shareholders of record on Wednesday, July 9th will be issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Wednesday, July 9th. Mastercard's dividend payout ratio is presently 21.32%.

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.