Also, Director Richard Haythornthwaite sold 5,000 shares of the company's stock in a transaction on Monday, October 2nd. Physicians Financial Services Inc.'s holdings in Mastercard were worth $1,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Oribel Capital Management LP bought a new position in Mastercard during the first quarter worth about $5,849,000. Inc. boosted its holdings in Mastercard by 1.2% during the first quarter. Norway Savings Bank now owns 960 shares of the credit services provider's stock worth $117,000 after acquiring an additional 10 shares during the last quarter. Egerton Capital UK LLP lifted its stake in shares of Mastercard by 60.6% in the second quarter. Genesee Valley Trust Co. now owns 6,246 shares of the credit services provider's stock worth $702,000 after acquiring an additional 18 shares during the last quarter. Proficio Capital Partners added additional shares of Mastercard by 108.2% in the Q1. Inc. now owns 13,441 shares of the credit services provider's stock worth $1,512,000 after purchasing an additional 160 shares during the period. Finally, Berkshire Asset Management LLC PA increased its position in shares of Mastercard by 0.3% during the second quarter. Personal Capital Advisors Corp now owns 270,438 shares of the credit services provider's stock valued at $32,845,000 after purchasing an additional 8,670 shares during the last quarter.
A number of research firms have issued reports on MA. Royal Bank Of Canada increased their price target on Mastercard to $156.00 and gave the stock an "outperform" rating in a research report on Friday, September 22nd. They issued an "overweight" rating and a $165.00 target price on the stock. Ray Gerald L And Associates has 0.26% invested in Mastercard Inc (NYSE:MA) for 16,309 shares. BidaskClub downgraded shares of Mastercard from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 10th. Bank of America has "Buy" rating and $36.0 target. The research group rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Analysts on average have given a price target of $146.38 to MasterCard Incorporated stock.
Mastercard Incorporated (NYSE:MA) opened at 143.02 on Wednesday. The stock has a market capitalization of $152.30 billion, a PE ratio of 35.49 and a beta of 1.18.
MasterCard has a 52 week low of $99.51 and a 52 week high of $143.59 with a P/E ratio of 35.46 The company's market cap is now $0. MA's latest closing price was 18.58% away from the average-price of 200 days while it maintained a distance of 5.34% from the 50 Day Moving Average and 1.58% away compared to its SMA 20.
Mastercard (NYSE:MA) last posted its quarterly earnings results on Tuesday, January 31st. The credit services provider reported $1.10 earnings per share for the quarter, topping the consensus estimate of $1.04 by $0.06. The company had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.98 billion. Mastercard had a net margin of 37.67% and a return on equity of 71.09%. The business's quarterly revenue was up 13.3% on a year-over-year basis. During last 3 month period, -0.21% of total institutional ownership has changed in the company shares.
According to Zacks, analysts expect that Mastercard will report full-year earnings of $4.42 per share for the current year, with EPS estimates ranging from $4.33 to $4.50.
Also, the company announced dividend for the quarter, expected to be paid on Early Thur, Nov 9th. traders with a divided record date on Fri, Oct 6th will get a dividend of $0.22 for a share. This dividend represents a yield of $0.62 which is the dividend as a percentage of the current share price. The ex-dividend date will be on Wednesday the 5th of July 2017. Mastercard's dividend payout ratio (DPR) is now 21.78%. Also, insider Gary J. Flood sold 83,959 shares of the firm's stock in a transaction on Monday, April 24th. The stock was sold at an average price of $142.51, for a total transaction of $712,550.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The disclosure for this sale can be found here. "Takes $469,000 Position in Mastercard Incorporated (MA)" was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece on another publication, it was illegally stolen and republished in violation of United States and global copyright & trademark legislation. The correct version of this article can be viewed at https://baseballnewssource.com/markets/mastercard-incorporated-ma-shares-sold-by-hl-financial-services-llc/1684040.html.
MasterCard Incorporated, launched on May 9, 2001, is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Firm operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. It fall, as 48 investors sold MA shares while 480 reduced holdings.
What Historical Figures Say About Mastercard Incorporated (NYSE:MA)?