First National Bank of Omaha lowered its position in MasterCard Inc. (NYSE:MA) by 11.7% during the third quarter, according to its most recent filing with the SEC. The fund owned 83,622 shares of the company’s stock after selling 11,117 shares during the period. First National Bank of Omaha’s holdings in MasterCard were worth $8,510,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Squarepoint Ops LLC acquired a new position in shares of MasterCard during the first quarter valued at $822,000. First Republic Investment Management Inc. boosted its position in shares of MasterCard by 8.5% in the first quarter. First Republic Investment Management Inc. now owns 115,266 shares of the company’s stock valued at $10,894,000 after buying an additional 9,030 shares during the last quarter. Cullinan Associates Inc. boosted its position in shares of MasterCard by 0.4% in the second quarter. Cullinan Associates Inc. now owns 54,860 shares of the company’s stock valued at $4,831,000 after buying an additional 200 shares during the last quarter. Toth Financial Advisory Corp acquired a new position in shares of MasterCard during the second quarter valued at $436,000. Finally, Cacti Asset Management LLC acquired a new position in shares of MasterCard during the second quarter valued at $352,000. 74.44% of the stock is currently owned by institutional investors.

Institutional Ownership by Quarter for MasterCard (NYSE:MA)

MasterCard Inc. (NYSE:MA) traded down 2.24% during mid-day trading on Monday, reaching $103.36. 5,348,565 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $103.67 and a 200-day moving average price of $97.75. The stock has a market capitalization of $112.62 billion, a PE ratio of 28.58 and a beta of 1.22. MasterCard Inc. has a 12-month low of $78.52 and a 12-month high of $108.93.

MasterCard (NYSE:MA) last announced its quarterly earnings data on Friday, October 28th. The company reported $1.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.98 by $0.10. The firm earned $2.88 billion during the quarter, compared to analysts’ expectations of $2.74 billion. MasterCard had a net margin of 38.11% and a return on equity of 69.11%. The company’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 earnings per share. Equities research analysts expect that MasterCard Inc. will post $3.75 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 9th. Stockholders of record on Monday, October 10th were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, October 5th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.72%. MasterCard’s dividend payout ratio (DPR) is presently 20.99%.

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Several equities analysts have commented on the stock. Jefferies Group reissued a “buy” rating and set a $112.00 target price on shares of MasterCard in a research report on Thursday, September 8th. Zacks Investment Research raised shares of MasterCard from a “hold” rating to a “buy” rating and set a $114.00 target price on the stock in a research report on Wednesday, September 28th. Vetr cut shares of MasterCard from a “buy” rating to a “hold” rating and set a $105.86 target price on the stock. in a research report on Thursday, September 22nd. Barclays PLC reissued an “overweight” rating and set a $120.00 target price (up previously from $110.00) on shares of MasterCard in a research report on Friday, October 21st. Finally, RBC Capital Markets reissued an “outperform” rating and set a $115.00 target price (up previously from $112.00) on shares of MasterCard in a research report on Monday, October 31st. Eight research analysts have rated the stock with a hold rating and twenty-two have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $110.90.

In other news, insider Robert Reeg sold 6,000 shares of the stock in a transaction on Wednesday, November 2nd. The shares were sold at an average price of $104.81, for a total value of $628,860.00. Following the completion of the sale, the insider now directly owns 47,501 shares of the company’s stock, valued at $4,978,579.81. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Michael Fraccaro sold 2,514 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $102.99, for a total transaction of $258,916.86. Following the completion of the sale, the insider now directly owns 5,687 shares of the company’s stock, valued at $585,704.13. The disclosure for this sale can be found here. 3.14% of the stock is currently owned by insiders.

MasterCard Company Profile

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world. The Company operates through payment solutions segment. The Company allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus.

5 Day Chart for NYSE:MA

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