Mastercard Incorporated (NYSE:MA) Stock Position Raised by Fullerton Fund Management Co Ltd.

Fullerton Fund Management Co Ltd. boosted its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 125.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,571 shares of the credit services provider's stock after buying an additional 3,659 shares during the period. Fullerton Fund Management Co Ltd.'s holdings in Mastercard were worth $3,460,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Fund 1 Investments LLC bought a new position in Mastercard in the 4th quarter worth about $329,000. Elefante Mark B bought a new stake in Mastercard during the 4th quarter valued at $5,109,000. Ethic Inc. lifted its holdings in shares of Mastercard by 16.0% in the 4th quarter. Ethic Inc. now owns 86,034 shares of the credit services provider's stock worth $45,303,000 after buying an additional 11,848 shares during the period. Fiduciary Trust Co increased its stake in shares of Mastercard by 4.3% during the fourth quarter. Fiduciary Trust Co now owns 52,206 shares of the credit services provider's stock valued at $27,490,000 after buying an additional 2,138 shares during the period. Finally, First Manhattan CO. LLC. raised its holdings in shares of Mastercard by 24.7% in the fourth quarter. First Manhattan CO. LLC. now owns 24,268 shares of the credit services provider's stock valued at $12,779,000 after acquiring an additional 4,810 shares in the last quarter. Institutional investors own 97.28% of the company's stock.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Sandra A. Arkell sold 150 shares of the business's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $569.45, for a total transaction of $85,417.50. Following the sale, the insider now directly owns 3,555 shares in the company, valued at approximately $2,024,394.75. The trade was a 4.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of the firm's stock in a transaction that occurred on Wednesday, March 19th. The shares were 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 $18,459,292.32. This represents 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 worth $12,664,529 over the last quarter. 0.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on MA shares. Tigress Financial reiterated a "strong-buy" rating on shares of Mastercard in a research note on Monday, March 10th. Keefe, Bruyette & Woods upped their price target on Mastercard from $618.00 to $665.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Seaport Res Ptn cut Mastercard from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 14th. William Blair reaffirmed an "outperform" rating on shares of Mastercard in a research report on Friday, January 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Six analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, Mastercard currently has an average rating of "Moderate Buy" and a consensus target price of $606.25.

Mastercard Price Performance

Shares of Mastercard stock traded down $1.81 during trading on Tuesday, hitting $576.46. 2,370,192 shares of the company were exchanged, compared to its average volume of 2,611,504. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $582.44. The stock has a market capitalization of $525.56 billion, a price-to-earnings ratio of 41.50, a P/E/G ratio of 2.37 and a beta of 1.06. The firm has a 50 day moving average price of $532.56 and a 200 day moving average price of $533.88. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68.

Mastercard (NYSE:MA - Get Free Report) last issued its earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, topping the consensus estimate of $3.57 by $0.16. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. The company had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter in the prior year, the business earned $3.31 earnings per share. The company's revenue was up 14.2% compared to the same quarter last year. On average, equities analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal 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.