Mastercard Incorporated (NYSE:MA) Shares Sold by Hyperion Capital Advisors LP

Hyperion Capital Advisors LP reduced its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 27.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,231 shares of the credit services provider's stock after selling 1,573 shares during the period. Mastercard accounts for approximately 1.1% of Hyperion Capital Advisors LP's holdings, making the stock its 17th biggest position. Hyperion Capital Advisors LP's holdings in Mastercard were worth $2,228,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. NewSquare Capital LLC bought a new position in shares of Mastercard in the fourth quarter valued at $26,000. Marshall Investment Management LLC acquired a new stake in shares of Mastercard during the fourth quarter worth $30,000. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Mastercard during the fourth quarter valued at $32,000. Navigoe LLC acquired a new position in shares of Mastercard in the 4th quarter valued at $33,000. Finally, Truvestments Capital LLC increased its stake in Mastercard by 62.5% in the 4th quarter. Truvestments Capital LLC now owns 65 shares of the credit services provider's stock worth $34,000 after purchasing an additional 25 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

MA has been the subject of several research analyst reports. DZ Bank upgraded shares of Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price target for the company in a research report on Tuesday, February 4th. Barclays raised their price objective on Mastercard from $595.00 to $650.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Keefe, Bruyette & Woods increased their price target on shares of Mastercard from $618.00 to $665.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. William Blair reaffirmed an "outperform" rating on shares of Mastercard in a research report on Friday, January 31st. Finally, Susquehanna increased their target price on shares of Mastercard from $605.00 to $670.00 and gave the stock a "positive" rating in a research report on Friday, January 31st. Six investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $606.25.

Insider Buying and Selling at Mastercard

In other Mastercard news, CEO Michael Miebach sold 15,775 shares of the 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 sale, the chief executive officer now owns 84,871 shares of the company's stock, valued at $46,692,629.36. This represents a 15.67 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was 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. The trade was a 17.12 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.10% of the company's stock.

Mastercard Stock Performance

NYSE MA opened at $568.38 on Friday. The stock has a market cap of $518.20 billion, a P/E ratio of 40.92, a PEG ratio of 2.37 and a beta of 1.06. 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 Incorporated has a twelve month low of $428.86 and a twelve month high of $582.23. The company's 50-day simple moving average is $532.17 and its 200 day simple moving average is $533.23.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 earnings per share for the quarter, beating analysts' consensus estimates of $3.57 by $0.16. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. The firm had revenue of $7.25 billion for the quarter, compared to analysts' expectations of $7.12 billion. During the same period in the prior year, the business posted $3.31 earnings per share. The business's revenue was up 14.2% compared to the same quarter last year. As a group, research analysts forecast that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 9th. Investors of record on Wednesday, April 9th were given a dividend of $0.76 per share. The ex-dividend date was Wednesday, April 9th. This represents a $3.04 dividend on an annualized basis and a yield of 0.53%. Mastercard's dividend payout ratio (DPR) is presently 21.32%.

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.

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