Vise Technologies Inc. Acquires 6,519 Shares of Mastercard Incorporated (NYSE:MA)

Vise Technologies Inc. raised its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 63.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 16,721 shares of the credit services provider's stock after buying an additional 6,519 shares during the quarter. Mastercard accounts for approximately 0.7% of Vise Technologies Inc.'s holdings, making the stock its 24th biggest holding. Vise Technologies Inc.'s holdings in Mastercard were worth $8,805,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Addison Advisors LLC grew its holdings in shares of Mastercard by 3.8% in the fourth quarter. Addison Advisors LLC now owns 493 shares of the credit services provider's stock worth $260,000 after purchasing an additional 18 shares during the last quarter. Capital Investment Advisory Services LLC lifted its position in Mastercard by 0.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider's stock valued at $1,651,000 after buying an additional 19 shares during the period. Capital Investment Services of America Inc. lifted its position in Mastercard by 4.2% during the fourth 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 during the period. Augustine Asset Management Inc. lifted its position in Mastercard by 1.1% during the fourth 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 during the period. Finally, Richard W. Paul & Associates LLC increased its holdings in shares of Mastercard by 0.9% during the fourth quarter. Richard W. Paul & Associates LLC now owns 2,245 shares of the credit services provider's stock valued at $1,182,000 after acquiring an additional 19 shares in the last quarter. Institutional investors own 97.28% of the company's stock.

Mastercard Stock Up 0.5%

Shares of NYSE MA traded up $2.87 during mid-day trading on Wednesday, reaching $577.42. 672,335 shares of the company traded hands, compared to its average volume of 2,604,257. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.03 and a current ratio of 1.03. The stock has a market cap of $526.43 billion, a PE ratio of 41.56, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The company's fifty day moving average is $541.68 and its two-hundred day moving average is $538.59. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $588.45.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wells Fargo & Company lifted their price objective on Mastercard from $585.00 to $625.00 and gave the stock an "overweight" rating in a report on Tuesday, February 4th. Citigroup raised their price objective on Mastercard from $650.00 to $652.00 and gave the stock a "buy" rating in a research note on Monday, May 5th. Monness Crespi & Hardt downgraded Mastercard from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 9th. DZ Bank raised Mastercard from a "hold" rating to a "buy" rating and set a $620.00 target price for the company in a research note on Tuesday, February 4th. Finally, Jefferies Financial Group upped their price objective on Mastercard from $630.00 to $655.00 and gave the stock a "buy" rating in a research report on Tuesday. Six equities research 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 MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $608.57.

Insider Transactions at Mastercard

In related news, insider Sandra A. Arkell sold 150 shares of the firm's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $569.45, for a total transaction of $85,417.50. Following the completion of the transaction, the insider now owns 3,555 shares in the company, valued at $2,024,394.75. This trade represents a 4.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $534.68, for a total value of $3,813,337.76. Following the transaction, the insider now owns 34,524 shares of the company's stock, valued at $18,459,292.32. This trade represents a 17.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,207 shares of company stock valued at $12,664,529. 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.