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

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

A number of other institutional investors have also recently made changes to their positions in MA. Vanguard Group Inc. raised its stake in Mastercard by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 77,179,138 shares of the credit services provider's stock worth $40,640,219,000 after buying an additional 377,302 shares during the period. FMR LLC raised its stake in Mastercard by 4.3% during the 4th quarter. FMR LLC now owns 22,267,937 shares of the credit services provider's stock worth $11,725,627,000 after buying an additional 912,856 shares during the period. Geode Capital Management LLC raised its stake in Mastercard by 1.5% during the 4th quarter. Geode Capital Management LLC now owns 18,657,792 shares of the credit services provider's stock worth $9,800,202,000 after buying an additional 282,739 shares during the period. Norges Bank acquired a new position in Mastercard during the 4th quarter worth approximately $6,022,224,000. Finally, Wellington Management Group LLP raised its stake in Mastercard by 9.1% during the 4th quarter. Wellington Management Group LLP now owns 9,760,740 shares of the credit services provider's stock worth $5,139,713,000 after buying an additional 817,836 shares during the period. Institutional investors own 97.28% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Tigress Financial reissued a "strong-buy" rating on shares of Mastercard in a research note on Monday, March 10th. KeyCorp increased their price objective on Mastercard from $630.00 to $635.00 and gave the stock an "overweight" rating in a research note on Friday, May 2nd. The Goldman Sachs Group reissued a "buy" rating and issued a $633.00 price objective on shares of Mastercard in a research note on Wednesday, April 2nd. Monness Crespi & Hardt downgraded Mastercard from a "buy" rating to a "neutral" rating in a research note on Wednesday, April 9th. Finally, Macquarie lowered their price objective on Mastercard from $645.00 to $610.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Seven equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $611.50.

Insider Activity at Mastercard

In other news, insider Raj Seshadri sold 1,100 shares of the business's stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $546.77, for a total value of $601,447.00. Following 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 through the SEC website. Also, insider Craig Vosburg sold 14,051 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $585.05, for a total value of $8,220,537.55. Following the completion of the sale, the insider directly owned 58,451 shares in the company, valued at approximately $34,196,757.55. This represents a 19.38% 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 90 days. 0.09% of the stock is owned by insiders.

Mastercard Trading Up 0.9%

Shares of MA stock opened at $566.53 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 2.81. The business has a 50-day moving average price of $566.83 and a two-hundred day moving average price of $546.84. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $594.71. The firm has a market cap of $516.51 billion, a P/E ratio of 39.73, a price-to-earnings-growth ratio of 2.47 and a beta of 1.02.

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 the consensus estimate 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%. The company's 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 earnings per share. Equities analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Announces Dividend

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

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.

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