U.S. Capital Wealth Advisors LLC Sells 1,016 Shares of Mastercard Incorporated (NYSE:MA)

U.S. Capital Wealth Advisors LLC lessened its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 5.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,102 shares of the credit services provider's stock after selling 1,016 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Mastercard were worth $8,826,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MA. Measured Risk Portfolios Inc. purchased a new stake in Mastercard in the fourth quarter worth about $31,000. Navigoe LLC purchased a new stake in Mastercard in the fourth quarter worth about $33,000. 10Elms LLP purchased a new stake in Mastercard in the fourth quarter worth about $33,000. Truvestments Capital LLC increased its position in Mastercard by 62.5% in the fourth quarter. Truvestments Capital LLC now owns 65 shares of the credit services provider's stock worth $34,000 after buying an additional 25 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC purchased a new stake in Mastercard in the fourth quarter worth about $36,000. Hedge funds and other institutional investors own 97.28% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the company. UBS Group upped their price target on Mastercard from $660.00 to $670.00 and gave the stock a "buy" rating in a research report on Tuesday, June 3rd. Macquarie reduced their price target on Mastercard from $645.00 to $610.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Evercore ISI initiated coverage on Mastercard in a research report on Wednesday, April 9th. They issued an "in-line" rating and a $550.00 price target for the company. Monness Crespi & Hardt cut Mastercard from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 9th. Finally, Tigress Financial reiterated a "strong-buy" rating on shares of Mastercard in a research report on Monday, March 10th. Seven analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $611.50.

Mastercard Trading Down 0.7%

Shares of MA stock traded down $3.83 on Monday, reaching $565.41. 2,478,283 shares of the company's stock were exchanged, compared to its average volume of 2,669,836. Mastercard Incorporated has a 52 week low of $428.86 and a 52 week high of $594.71. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.81. The stock has a market capitalization of $515.49 billion, a PE ratio of 39.65, a P/E/G ratio of 2.47 and a beta of 1.02. The company's fifty day simple moving average is $566.83 and its 200 day simple moving average is $546.84.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.57 by $0.16. The firm had revenue of $7.25 billion during the quarter, compared to analyst estimates of $7.12 billion. Mastercard had a return on equity of 196.87% and a net margin of 45.21%. Mastercard's quarterly revenue was up 14.2% compared to the same quarter last year. During the same period last year, the company earned $3.31 EPS. As a group, analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

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

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Raj Seshadri sold 1,100 shares of Mastercard stock in a transaction on Friday, June 27th. The stock was sold at an average price of $546.77, for a total transaction of $601,447.00. Following the completion of the sale, the insider directly owned 12,921 shares of the company's stock, valued at $7,064,815.17. The trade was a 7.85% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Julius Genachowski sold 310 shares of Mastercard stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $561.00, for a total value of $173,910.00. Following the sale, 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 disclosure for this sale can be found here. Insiders sold a total of 38,441 shares of company stock worth $20,173,035 over the last quarter. Insiders own 0.09% of the company's stock.

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.