Bank of The Ozarks decreased its holdings in Mastercard Incorporated (NYSE:MA) by 4.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,628 shares of the credit services provider’s stock after selling 535 shares during the period. Bank of The Ozarks’ holdings in Mastercard were worth $1,534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of MA. Glassman Wealth Services grew its holdings in shares of Mastercard by 0.3% during the first quarter. Glassman Wealth Services now owns 1,769 shares of the credit services provider’s stock valued at $199,000 after buying an additional 6 shares during the last quarter. Norway Savings Bank boosted its holdings in Mastercard by 1.1% in the second quarter. Norway Savings Bank now owns 960 shares of the credit services provider’s stock valued at $117,000 after purchasing an additional 10 shares during the last quarter. Genesee Valley Trust Co. boosted its holdings in Mastercard by 0.3% in the first quarter. Genesee Valley Trust Co. now owns 6,246 shares of the credit services provider’s stock valued at $702,000 after purchasing an additional 18 shares during the last quarter. Concert Wealth Management Inc. boosted its holdings in Mastercard by 0.3% in the first quarter. Concert Wealth Management Inc. now owns 6,467 shares of the credit services provider’s stock valued at $664,000 after purchasing an additional 18 shares during the last quarter. Finally, Berkshire Asset Management LLC PA boosted its holdings in Mastercard by 0.3% in the second quarter. Berkshire Asset Management LLC PA now owns 6,448 shares of the credit services provider’s stock valued at $783,000 after purchasing an additional 18 shares during the last quarter. 76.05% of the stock is owned by institutional investors.

Several equities research analysts have commented on the stock. BidaskClub raised shares of Mastercard from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Guggenheim upgraded shares of Mastercard from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $135.00 to $153.00 in a research report on Monday, September 11th. Citigroup Inc. upped their price objective on shares of Mastercard from $123.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, June 19th. BMO Capital Markets upped their price target on shares of Mastercard from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, Barclays PLC upped their price target on shares of Mastercard from $142.00 to $148.00 and gave the stock an “overweight” rating in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, three have given a hold rating and twenty-five have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $143.08.

In related news, CFO Martina Hundmejean sold 91,107 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $129.79, for a total transaction of $11,824,777.53. Following the transaction, the chief financial officer now owns 170,570 shares of the company’s stock, valued at $22,138,280.30. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Richard Haythornthwaite sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $142.51, for a total transaction of $712,550.00. Following the transaction, the director now directly owns 45,278 shares in the company, valued at approximately $6,452,567.78. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 869,668 shares of company stock worth $112,301,656. Insiders own 0.30% of the company’s stock.

Shares of Mastercard Incorporated (NYSE MA) opened at 143.75 on Friday. Mastercard Incorporated has a 1-year low of $99.51 and a 1-year high of $143.78. The firm’s 50-day moving average is $137.71 and its 200 day moving average is $125.00. The stock has a market capitalization of $153.08 billion, a P/E ratio of 35.67 and a beta of 1.18.

Mastercard (NYSE:MA) last issued 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. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.98 billion. Mastercard had a net margin of 38.30% and a return on equity of 74.92%. The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. On average, analysts expect that Mastercard Incorporated will post $4.44 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 9th. Investors of record on Friday, October 6th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.61%. The ex-dividend date is Thursday, October 5th. Mastercard’s payout ratio is presently 21.78%.

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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.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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