Strategic Global Advisors LLC Purchases 478 Shares of Mastercard Incorporated (NYSE:MA)

Strategic Global Advisors LLC boosted its holdings in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 4.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,506 shares of the credit services provider's stock after purchasing an additional 478 shares during the quarter. Mastercard makes up 1.1% of Strategic Global Advisors LLC's holdings, making the stock its 26th largest position. Strategic Global Advisors LLC's holdings in Mastercard were worth $6,059,000 as of its most recent SEC filing.

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

Mastercard Price Performance

NYSE MA traded down $5.74 during trading on Tuesday, hitting $580.67. 1,964,235 shares of the company's stock were exchanged, compared to its average volume of 2,608,388. The stock's 50 day moving average price is $538.11 and its two-hundred day moving average price is $536.73. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $588.45. 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 company has a market cap of $529.40 billion, a PE ratio of 41.80, a P/E/G ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings data 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 business 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%. Mastercard's quarterly revenue was up 14.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.31 EPS. Research analysts expect that Mastercard Incorporated will post 15.91 EPS for the current year.

Analysts Set New Price Targets

MA has been the topic of a number of recent analyst reports. Monness Crespi & Hardt cut shares of Mastercard from a "buy" rating to a "neutral" rating in a research note on Wednesday, April 9th. UBS Group decreased their target price on Mastercard from $660.00 to $640.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Raymond James reaffirmed an "outperform" rating and issued a $640.00 price target (up from $614.00) on shares of Mastercard in a report on Friday, January 31st. William Blair reaffirmed an "outperform" rating on shares of Mastercard in a report on Friday, January 31st. Finally, Tigress Financial reissued a "strong-buy" rating on shares of Mastercard in a research note on Monday, March 10th. Six 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 stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $606.25.

Insiders Place Their Bets

In other news, insider Sandra A. Arkell sold 150 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $580.00, for a total transaction of $87,000.00. Following the completion of the sale, the insider now owns 3,255 shares in the company, valued at $1,887,900. The trade was a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of the company'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 approximately $18,459,292.32. The trade was a 17.12% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 23,207 shares of company stock valued at $12,664,529 in the last ninety days. 0.10% of the stock is currently owned by insiders.

Mastercard 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.