USS Investment Management Ltd Purchases 525 Shares of Mastercard Incorporated (NYSE:MA)

USS Investment Management Ltd grew its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 0.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 159,389 shares of the credit services provider's stock after buying an additional 525 shares during the period. USS Investment Management Ltd's holdings in Mastercard were worth $84,026,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Addison Advisors LLC increased its position in Mastercard by 3.8% in the 4th quarter. Addison Advisors LLC now owns 493 shares of the credit services provider's stock valued at $260,000 after buying an additional 18 shares in the last quarter. Capital Investment Advisory Services LLC boosted its stake in Mastercard by 0.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider's stock valued at $1,651,000 after purchasing an additional 19 shares during the last quarter. Capital Investment Services of America Inc. boosted its stake in shares of Mastercard by 4.2% in the 4th quarter. Capital Investment Services of America Inc. now owns 475 shares of the credit services provider's stock worth $250,000 after buying an additional 19 shares during the last quarter. Augustine Asset Management Inc. boosted its stake in shares of Mastercard by 1.1% in the 4th quarter. Augustine Asset Management Inc. now owns 1,797 shares of the credit services provider's stock worth $946,000 after buying an additional 19 shares during the last quarter. Finally, Richard W. Paul & Associates LLC lifted its stake in Mastercard by 0.9% in the fourth quarter. Richard W. Paul & Associates LLC now owns 2,245 shares of the credit services provider's stock valued at $1,182,000 after purchasing an additional 19 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Mastercard

In other news, insider Sandra A. Arkell sold 150 shares of the business's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $569.45, for a total value of $85,417.50. Following the completion of the transaction, the insider now owns 3,555 shares of the company's stock, valued at $2,024,394.75. The trade was a 4.05% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Michael Miebach sold 15,775 shares of the stock in a transaction dated 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 of the company's stock, 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 ninety days, insiders have sold 23,207 shares of company stock valued at $12,664,529. 0.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MA. William Blair reiterated an "outperform" rating on shares of Mastercard in a research report on Friday, January 31st. Morgan Stanley dropped their target price on shares of Mastercard from $654.00 to $644.00 and set an "overweight" rating for the company in a report on Friday, January 31st. Royal Bank of Canada boosted their price target on Mastercard from $572.00 to $650.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. UBS Group decreased their price objective on shares of Mastercard from $660.00 to $640.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Finally, Susquehanna boosted their target price on shares of Mastercard from $605.00 to $670.00 and gave the company a "positive" rating in a research note on Friday, January 31st. Six research 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. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $606.25.

Mastercard Stock Performance

Shares of MA opened at $585.29 on Tuesday. Mastercard Incorporated has a one year low of $428.86 and a one year high of $588.45. The company has a 50-day moving average of $536.88 and a two-hundred day moving average of $536.43. The stock has a market cap of $533.61 billion, a price-to-earnings ratio of 42.14, a PEG ratio of 2.37 and a beta of 1.06. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03.

Mastercard (NYSE:MA - Get Free Report) last posted its earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, beating the consensus estimate 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 business's revenue was up 14.2% compared to the same quarter last year. During the same period last year, the company earned $3.31 earnings per share. On average, equities research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

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.

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