Integrated Advisors Network LLC Sells 520 Shares of Mastercard Incorporated (NYSE:MA)

Integrated Advisors Network LLC decreased its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 3.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,440 shares of the credit services provider's stock after selling 520 shares during the quarter. Integrated Advisors Network LLC's holdings in Mastercard were worth $8,130,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MA. NewSquare Capital LLC purchased a new position in shares of Mastercard during the fourth quarter worth $26,000. Marshall Investment Management LLC purchased a new position in Mastercard in the 4th quarter valued at approximately $30,000. Measured Risk Portfolios Inc. purchased a new stake in shares of Mastercard during the fourth quarter worth $31,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Mastercard in the fourth quarter valued at $32,000. Finally, Navigoe LLC purchased a new position in Mastercard in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Stock Up 0.6%

Shares of NYSE:MA traded up $3.29 during trading on Friday, reaching $581.07. 843,608 shares of the company traded hands, compared to its average volume of 2,599,053. Mastercard Incorporated has a 1-year low of $428.86 and a 1-year high of $588.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The firm has a market cap of $529.77 billion, a P/E ratio of 41.84, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The firm has a fifty day simple moving average of $543.16 and a 200 day simple moving average of $539.17.

Mastercard (NYSE:MA - Get Free Report) last released its earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, topping analysts' consensus estimates of $3.57 by $0.16. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. 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 revenue was up 14.2% on a year-over-year basis. Analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Insider Buying and Selling at Mastercard

In related news, insider Sandra A. Arkell sold 150 shares of Mastercard stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $580.00, for a total value of $87,000.00. Following the sale, the insider now owns 3,255 shares of the company's stock, valued at approximately $1,887,900. This trade represents a 4.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael Miebach sold 15,775 shares of the company's 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 transaction, the chief executive officer now directly owns 84,871 shares of the company's stock, valued at approximately $46,692,629.36. This trade represents a 15.67% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,207 shares of company stock valued at $12,664,529. 0.10% of the stock is currently owned by insiders.

Analyst Ratings Changes

MA has been the topic of a number of analyst reports. DZ Bank raised Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price objective on the stock in a report on Tuesday, February 4th. William Blair reiterated an "outperform" rating on shares of Mastercard in a research note on Friday, January 31st. Raymond James restated an "outperform" rating and set a $640.00 target price (up from $614.00) on shares of Mastercard in a research report on Friday, January 31st. Macquarie decreased their price target on Mastercard from $645.00 to $610.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Finally, Morgan Stanley lowered their price objective on shares of Mastercard from $654.00 to $644.00 and set an "overweight" rating on the stock in a research note 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 issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $608.57.

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.