Mastercard Incorporated (NYSE:MA) is Moody Lynn & Lieberson LLC's 10th Largest Position

Moody Lynn & Lieberson LLC raised its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 1.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,307 shares of the credit services provider's stock after purchasing an additional 1,086 shares during the quarter. Mastercard accounts for approximately 2.9% of Moody Lynn & Lieberson LLC's investment portfolio, making the stock its 10th biggest holding. Moody Lynn & Lieberson LLC's holdings in Mastercard were worth $45,662,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the business. NewSquare Capital LLC purchased a new stake in shares of Mastercard during the 4th quarter worth about $26,000. Measured Risk Portfolios Inc. purchased a new stake in shares of Mastercard during the 4th quarter worth about $31,000. Navigoe LLC purchased a new stake in shares of Mastercard during the 4th quarter worth about $33,000. 10Elms LLP purchased a new stake in shares of Mastercard during the 4th quarter worth about $33,000. Finally, Truvestments Capital LLC boosted its stake in shares of Mastercard by 62.5% during the 4th quarter. Truvestments Capital LLC now owns 65 shares of the credit services provider's stock worth $34,000 after acquiring an additional 25 shares in the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Trading Up 0.9%

Shares of NYSE MA traded up $5.01 during midday trading on Friday, reaching $566.53. 1,528,739 shares of the stock were exchanged, compared to its average volume of 2,668,807. Mastercard Incorporated has a twelve month low of $428.86 and a twelve month high of $594.71. The company has a debt-to-equity ratio of 2.81, a quick ratio of 1.11 and a current ratio of 1.11. The company has a 50 day simple moving average of $566.17 and a 200 day simple moving average of $546.25. The stock has a market capitalization of $516.51 billion, a P/E ratio of 39.73, a PEG ratio of 2.44 and a beta of 1.02.

Mastercard (NYSE:MA - Get Free Report) last posted its 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. 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 the consensus estimate of $7.12 billion. During the same quarter last year, the firm earned $3.31 EPS. The firm's revenue for the quarter was up 14.2% on a year-over-year basis. As a group, equities analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Wednesday, July 9th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, July 9th. This represents a $3.04 annualized dividend and a yield of 0.54%. Mastercard's dividend payout ratio (DPR) is presently 21.32%.

Insider Transactions 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 shares were sold at an average price of $580.00, for a total value of $87,000.00. Following the completion of the sale, the insider owned 3,255 shares in the company, valued at approximately $1,887,900. This trade represents a 4.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Linda Pistecchia Kirkpatrick sold 958 shares of Mastercard stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $560.00, for a total transaction of $536,480.00. Following the completion of the sale, the insider owned 23,624 shares of the company's stock, valued at $13,229,440. This trade represents a 3.90% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 38,441 shares of company stock worth $20,173,035 in the last three months. Company insiders own 0.09% of the company's stock.

Analyst Ratings Changes

MA has been the subject of several research analyst reports. Wolfe Research set a $655.00 price target on shares of Mastercard in a research report on Monday, June 23rd. Truist Financial initiated coverage on shares of Mastercard in a research report on Monday, June 2nd. They set a "buy" rating and a $640.00 price target for the company. UBS Group upped their price target on shares of Mastercard from $660.00 to $670.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Monness Crespi & Hardt downgraded shares of Mastercard from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 9th. Finally, Citigroup upped their price target on shares of Mastercard from $650.00 to $652.00 and gave the stock a "buy" rating in a research report on Monday, May 5th. Seven investment analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $611.50.

Mastercard Company 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.