Flagship Harbor Advisors LLC decreased its position in Mastercard Incorporated (NYSE:MA) by 13.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,395 shares of the credit services provider’s stock after selling 374 shares during the period. Flagship Harbor Advisors LLC’s holdings in Mastercard were worth $267,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Lipe & Dalton bought a new position in Mastercard in the first quarter valued at about $101,000. Kistler Tiffany Companies LLC boosted its holdings in Mastercard by 10.9% in the first quarter. Kistler Tiffany Companies LLC now owns 1,019 shares of the credit services provider’s stock valued at $115,000 after acquiring an additional 100 shares during the last quarter. First Bank & Trust boosted its holdings in Mastercard by 14.5% in the first quarter. First Bank & Trust now owns 1,300 shares of the credit services provider’s stock valued at $146,000 after acquiring an additional 165 shares during the last quarter. Tarbox Group Inc. boosted its holdings in Mastercard by 323.8% in the first quarter. Tarbox Group Inc. now owns 1,352 shares of the credit services provider’s stock valued at $152,000 after acquiring an additional 1,033 shares during the last quarter. Finally, Welch Group LLC boosted its holdings in Mastercard by 1.2% in the first quarter. Welch Group LLC now owns 1,625 shares of the credit services provider’s stock valued at $183,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

A number of equities analysts have issued reports on the company. Oppenheimer Holdings, Inc. restated a “buy” rating and set a $145.00 target price on shares of Mastercard in a report on Friday. KeyCorp restated a “buy” rating and set a $150.00 target price on shares of Mastercard in a report on Thursday, September 7th. Barclays PLC raised their target price on Mastercard from $142.00 to $148.00 and gave the stock an “overweight” rating in a report on Friday. Cowen and Company restated a “buy” rating and set a $137.00 target price on shares of Mastercard in a report on Friday. Finally, Credit Suisse Group raised their target price on Mastercard from $128.00 to $145.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. Mastercard has an average rating of “Buy” and an average target price of $137.38.

Mastercard Incorporated (NYSE:MA) traded down 0.02% during mid-day trading on Tuesday, reaching $141.96. The company had a trading volume of 1,904,739 shares. Mastercard Incorporated has a 12-month low of $98.38 and a 12-month high of $143.52. The company has a market capitalization of $151.17 billion, a price-to-earnings ratio of 35.23 and a beta of 1.18. The stock has a 50-day moving average of $131.47 and a 200 day moving average of $121.14.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 27th. The credit services provider reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.06. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same period in the prior year, the company earned $0.96 earnings per share. Mastercard’s revenue was up 13.3% compared to the same quarter last year. On average, analysts expect that Mastercard Incorporated will post $4.43 EPS for the current year.

In other news, CFO Martina Hundmejean sold 91,107 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The stock was sold at an average price of $129.79, for a total value of $11,824,777.53. Following the completion of the transaction, the chief financial officer now directly owns 170,570 shares of the company’s stock, valued at $22,138,280.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Foundation Mastercard sold 87,618 shares of the firm’s stock in a transaction on Thursday, July 20th. The stock was sold at an average price of $127.98, for a total value of $11,213,351.64. Following the completion of the transaction, the insider now directly owns 112,649,063 shares of the company’s stock, valued at $14,416,827,082.74. The disclosure for this sale can be found here. Over the last three months, insiders have sold 850,468 shares of company stock valued at $109,574,694. 0.30% of the stock is owned by corporate insiders.

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Mastercard Profile

MasterCard Incorporated 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 Company 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.

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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