Revisor Wealth Management LLC Makes New $418,000 Investment in Mastercard Incorporated (NYSE:MA)

Revisor Wealth Management LLC acquired a new stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 762 shares of the credit services provider's stock, valued at approximately $418,000.

A number of other large investors also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Mastercard during the 4th quarter worth about $6,022,224,000. GAMMA Investing LLC lifted its position in Mastercard by 65,631.5% during the first quarter. GAMMA Investing LLC now owns 8,225,637 shares of the credit services provider's stock valued at $4,508,636,000 after buying an additional 8,213,123 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Mastercard during the fourth quarter valued at approximately $837,017,000. Northern Trust Corp grew its stake in Mastercard by 15.2% during the fourth quarter. Northern Trust Corp now owns 9,149,181 shares of the credit services provider's stock worth $4,817,684,000 after buying an additional 1,207,787 shares during the period. Finally, Sanders Capital LLC acquired a new stake in shares of Mastercard in the fourth quarter worth $617,303,000. Hedge funds and other institutional investors own 97.28% of the company's stock.

Mastercard Stock Performance

Shares of MA traded up $5.01 during mid-day trading on Friday, hitting $566.53. The stock had a trading volume of 1,528,739 shares, compared to its average volume of 2,668,807. The company has a market cap of $516.51 billion, a PE ratio of 39.73, a PEG ratio of 2.44 and a beta of 1.02. The company's fifty day simple moving average is $566.17 and its two-hundred day simple moving average is $546.25. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.81. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $594.71.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings data 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 return on equity of 196.87% and a net margin of 45.21%. The firm had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period in the prior year, the business earned $3.31 EPS. The firm's revenue was up 14.2% on a year-over-year basis. On average, equities analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Mastercard Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on MA shares. Monness Crespi & Hardt cut shares of Mastercard from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 9th. Wall Street Zen downgraded Mastercard from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Evercore ISI began coverage on Mastercard in a research note on Wednesday, April 9th. They issued an "in-line" rating and a $550.00 target price for the company. Citigroup raised their target price on Mastercard from $650.00 to $652.00 and gave the company a "buy" rating in a report on Monday, May 5th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Mastercard in a report on Friday, June 6th. Seven 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $611.50.

Insider Activity

In other news, Director Julius Genachowski sold 310 shares of the firm's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $561.00, for a total transaction of $173,910.00. Following the transaction, the director directly owned 8,323 shares of the company's stock, valued at approximately $4,669,203. This trade represents a 3.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Craig Vosburg sold 9,428 shares of the company's stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $353.05, for a total transaction of $3,328,555.40. Following the completion of the sale, the insider directly owned 58,451 shares of the company's stock, valued at approximately $20,636,125.55. This represents a 13.89% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 38,441 shares of company stock worth $20,173,035 over the last ninety days. 0.09% of the stock is currently owned by company insiders.

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.