12,100 Shares in Mastercard Incorporated (NYSE:MA) Bought by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in Mastercard Incorporated (NYSE:MA - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 12,100 shares of the credit services provider's stock, valued at approximately $6,371,000. Mastercard makes up 0.8% of Mufg Securities Americas Inc.'s investment portfolio, making the stock its 20th biggest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MA. NewSquare Capital LLC bought a new position in Mastercard during the 4th quarter worth approximately $26,000. Measured Risk Portfolios Inc. bought a new position in Mastercard during the 4th quarter worth approximately $31,000. Halbert Hargrove Global Advisors LLC bought a new position in Mastercard during the 4th quarter worth approximately $32,000. Marshall Investment Management LLC bought a new position in Mastercard during the 4th quarter worth approximately $30,000. Finally, Navigoe LLC bought a new position in Mastercard during the 4th quarter worth approximately $33,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Mastercard

In other news, CEO Michael Miebach sold 15,775 shares of the business's stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 84,871 shares in the company, valued at $46,692,629.36. The trade was a 15.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Sandra A. Arkell sold 150 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $580.00, for a total value of $87,000.00. Following the completion of the transaction, the insider now owns 3,255 shares of the company's stock, valued at $1,887,900. This represents a 4.41% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 23,207 shares of company stock worth $12,664,529. 0.10% of the stock is owned by insiders.

Mastercard Stock Up 0.1%

NYSE:MA traded up $0.77 during trading hours on Friday, reaching $582.97. 2,225,350 shares of the company traded hands, compared to its average volume of 2,606,561. The business's 50-day moving average price is $535.67 and its two-hundred day moving average price is $535.48. The stock has a market capitalization of $531.49 billion, a P/E ratio of 41.97, a P/E/G ratio of 2.37 and a beta of 1.06. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $584.29. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68.

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

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Monness Crespi & Hardt lowered Mastercard from a "buy" rating to a "neutral" rating in a research report on Wednesday, April 9th. DZ Bank upgraded Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price objective on the stock in a research report on Tuesday, February 4th. William Blair reiterated an "outperform" rating on shares of Mastercard in a research report on Friday, January 31st. Macquarie cut their price objective on Mastercard from $645.00 to $610.00 and set an "outperform" rating on the stock in a research report on Friday, May 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Six equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $606.25.

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.