Mn Services Vermogensbeheer B.V. Sells 9,700 Shares of Mastercard Incorporated (NYSE:MA)

Mn Services Vermogensbeheer B.V. decreased its position in Mastercard Incorporated (NYSE:MA - Free Report) by 2.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 393,892 shares of the credit services provider's stock after selling 9,700 shares during the quarter. Mastercard accounts for approximately 1.5% of Mn Services Vermogensbeheer B.V.'s holdings, making the stock its 7th biggest holding. Mn Services Vermogensbeheer B.V.'s holdings in Mastercard were worth $167,999,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Bornite Capital Management LP bought a new stake in Mastercard during the 1st quarter worth about $21,442,000. United Bank grew its holdings in Mastercard by 34.5% during the 1st quarter. United Bank now owns 6,007 shares of the credit services provider's stock worth $2,147,000 after acquiring an additional 1,541 shares during the last quarter. Mackenzie Financial Corp grew its holdings in Mastercard by 30.1% during the 1st quarter. Mackenzie Financial Corp now owns 272,358 shares of the credit services provider's stock worth $97,335,000 after acquiring an additional 63,040 shares during the last quarter. First Western Trust Bank bought a new stake in Mastercard during the 1st quarter worth about $1,168,000. Finally, Bridgewater Associates LP bought a new stake in Mastercard during the 1st quarter worth about $12,926,000. Institutional investors own 97.28% of the company's stock.

Insiders Place Their Bets

In other news, insider Ajay Bhalla sold 98 shares of the firm's stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $439.52, for a total transaction of $43,072.96. Following the completion of the transaction, the insider now directly owns 6,235 shares of the company's stock, valued at approximately $2,740,407.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Ajay Bhalla sold 98 shares of the firm's stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $439.52, for a total transaction of $43,072.96. Following the completion of the transaction, the insider now directly owns 6,235 shares of the company's stock, valued at approximately $2,740,407.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Craig Vosburg sold 13,542 shares of the firm's stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the transaction, the insider now directly owns 46,491 shares of the company's stock, valued at $21,388,649.46. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,728 shares of company stock worth $19,479,753. Company insiders own 0.13% of the company's stock.

Mastercard Stock Down 0.6 %

MA stock traded down $2.93 during mid-day trading on Friday, hitting $465.38. 2,486,361 shares of the company were exchanged, compared to its average volume of 2,293,737. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.17 and a current ratio of 1.17. The firm has a market cap of $434.15 billion, a P/E ratio of 39.34, a P/E/G ratio of 1.78 and a beta of 1.08. The firm's 50 day simple moving average is $471.81 and its 200 day simple moving average is $431.90. Mastercard Incorporated has a 1-year low of $357.85 and a 1-year high of $490.00.

Mastercard (NYSE:MA - Get Free Report) last announced its earnings results on Wednesday, January 31st. The credit services provider reported $3.18 EPS for the quarter, topping the consensus estimate of $3.08 by $0.10. The firm had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.46 billion. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. During the same period last year, the company posted $2.65 EPS. On average, sell-side analysts predict that Mastercard Incorporated will post 14.35 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 9th will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Monday, April 8th. This represents a $2.64 annualized dividend and a yield of 0.57%. Mastercard's dividend payout ratio (DPR) is currently 22.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the stock. The Goldman Sachs Group increased their price objective on shares of Mastercard from $433.00 to $482.00 and gave the stock a "buy" rating in a report on Thursday, January 11th. Raymond James upped their target price on shares of Mastercard from $452.00 to $504.00 and gave the company an "outperform" rating in a research report on Thursday, February 1st. Monness Crespi & Hardt started coverage on shares of Mastercard in a research report on Wednesday, December 20th. They set a "neutral" rating on the stock. Evercore ISI upped their target price on shares of Mastercard from $530.00 to $545.00 and gave the company an "outperform" rating in a research report on Tuesday, March 26th. Finally, Wells Fargo & Company upped their target price on shares of Mastercard from $490.00 to $530.00 and gave the company an "overweight" rating in a research report on Wednesday, March 6th. Two investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Mastercard currently has a consensus rating of "Moderate Buy" and an average price target of $484.82.

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.