Victrix Investment Advisors Makes New $840,000 Investment in Mastercard Incorporated (NYSE:MA)

Victrix Investment Advisors purchased a new position in Mastercard Incorporated (NYSE:MA - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,595 shares of the credit services provider's stock, valued at approximately $840,000.

Several other large investors also recently modified their holdings of the company. NewSquare Capital LLC bought a new position in shares of Mastercard during the 4th quarter valued at approximately $26,000. Measured Risk Portfolios Inc. bought a new position in shares of Mastercard in the fourth quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC bought a new position in shares of Mastercard in the fourth quarter worth approximately $32,000. Marshall Investment Management LLC purchased a new stake in shares of Mastercard in the fourth quarter worth $30,000. Finally, Navigoe LLC bought a new stake in shares of Mastercard during the 4th quarter valued at $33,000. Institutional investors own 97.28% of the company's stock.

Mastercard Price Performance

Shares of MA stock traded up $0.20 during mid-day trading on Thursday, hitting $569.74. 1,869,103 shares of the stock were exchanged, compared to its average volume of 2,610,369. Mastercard Incorporated has a 52-week low of $428.86 and a 52-week high of $588.45. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The company has a market cap of $519.44 billion, a PE ratio of 41.02, a price-to-earnings-growth ratio of 2.37 and a beta of 1.06. The firm has a fifty day moving average of $538.94 and a 200 day moving average of $536.96.

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 company had revenue of $7.25 billion for the quarter, compared to the consensus estimate of $7.12 billion. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. Mastercard's revenue for the quarter was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.31 earnings per share. Research analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Insider Activity at Mastercard

In other news, insider Sandra A. Arkell sold 150 shares of Mastercard stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $569.45, for a total value of $85,417.50. Following the sale, the insider now owns 3,555 shares in the company, valued at $2,024,394.75. This trade represents a 4.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Michael Miebach sold 15,775 shares of the firm's stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total transaction of $8,678,774.00. Following the completion of the transaction, the chief executive officer now directly owns 84,871 shares in the company, valued at $46,692,629.36. This represents a 15.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,207 shares of company stock valued at $12,664,529. 0.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on MA shares. The Goldman Sachs Group reiterated a "buy" rating and set a $633.00 price objective on shares of Mastercard in a research report on Wednesday, April 2nd. Raymond James reissued an "outperform" rating and issued a $640.00 target price (up from $614.00) on shares of Mastercard in a report on Friday, January 31st. KeyCorp upped their price target on shares of Mastercard from $630.00 to $635.00 and gave the company an "overweight" rating in a research note on Friday, May 2nd. JPMorgan Chase & Co. lifted their price objective on shares of Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Monness Crespi & Hardt downgraded shares of Mastercard from a "buy" rating to a "neutral" rating in a report on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $606.25.

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.