Mattson Financial Services LLC Has $1.45 Million Stock Holdings in Mastercard Incorporated (NYSE:MA)

Mattson Financial Services LLC increased its stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 20.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,941 shares of the credit services provider's stock after purchasing an additional 509 shares during the period. Mattson Financial Services LLC's holdings in Mastercard were worth $1,452,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. NewSquare Capital LLC bought a new stake in shares of Mastercard in the fourth quarter worth about $26,000. Measured Risk Portfolios Inc. bought a new stake in shares of Mastercard in the fourth quarter worth about $31,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Mastercard in the fourth quarter worth about $32,000. Marshall Investment Management LLC bought a new stake in shares of Mastercard in the fourth quarter worth about $30,000. Finally, 10Elms LLP bought a new stake in shares of Mastercard in the fourth quarter worth about $33,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Mastercard

In other Mastercard news, insider Edward Grunde Mclaughlin sold 7,132 shares of the firm's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $534.68, for a total transaction of $3,813,337.76. Following the transaction, the insider now owns 34,524 shares in the company, valued at $18,459,292.32. This trade represents a 17.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Miebach sold 15,775 shares of the firm's stock in a transaction 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 owns 84,871 shares in the company, 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 quarter, insiders have sold 23,207 shares of company stock worth $12,664,529. Company insiders own 0.10% of the company's stock.

Mastercard Stock Performance

NYSE:MA traded up $5.49 on Friday, hitting $583.27. The company's stock had a trading volume of 4,581,021 shares, compared to its average volume of 2,615,375. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. The stock has a fifty day moving average of $543.93 and a two-hundred day moving average of $539.54. The firm has a market capitalization of $531.77 billion, a P/E ratio of 41.99, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. Mastercard Incorporated has a one year low of $428.86 and a one year high of $588.45.

Mastercard (NYSE:MA - Get Free Report) last announced 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. The company had revenue of $7.25 billion for the quarter, compared to analyst estimates of $7.12 billion. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. The firm's quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter last year, the company earned $3.31 earnings per share. Research analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MA shares. Barclays upped their price objective on Mastercard from $595.00 to $650.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. DZ Bank raised Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price objective for the company in a research report on Tuesday, February 4th. Macquarie reduced their price objective on Mastercard from $645.00 to $610.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. UBS Group upped their price objective on Mastercard from $640.00 to $660.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Royal Bank of Canada upped their price objective on Mastercard from $572.00 to $650.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Six investment analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company 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.