Fmr LLC grew its stake in Mastercard Inc (NYSE:MA) by 1.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 39,720,669 shares of the credit services provider’s stock after acquiring an additional 715,691 shares during the period. Mastercard comprises 1.0% of Fmr LLC’s investment portfolio, making the stock its 13th biggest holding. Fmr LLC owned approximately 3.87% of Mastercard worth $7,493,304,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in MA. Clarius Group LLC increased its stake in Mastercard by 45.9% during the 4th quarter. Clarius Group LLC now owns 2,355 shares of the credit services provider’s stock worth $444,000 after buying an additional 741 shares during the period. Kentucky Retirement Systems purchased a new stake in shares of Mastercard in the 3rd quarter valued at approximately $7,141,000. FTB Advisors Inc. increased its position in shares of Mastercard by 5.1% in the 4th quarter. FTB Advisors Inc. now owns 1,271 shares of the credit services provider’s stock valued at $239,000 after purchasing an additional 62 shares during the last quarter. YorkBridge Wealth Partners LLC increased its position in shares of Mastercard by 1.0% in the 4th quarter. YorkBridge Wealth Partners LLC now owns 9,858 shares of the credit services provider’s stock valued at $1,860,000 after purchasing an additional 101 shares during the last quarter. Finally, Fort L.P. increased its position in shares of Mastercard by 73.5% in the 4th quarter. Fort L.P. now owns 8,274 shares of the credit services provider’s stock valued at $1,561,000 after purchasing an additional 3,506 shares during the last quarter. 75.55% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE:MA opened at $241.00 on Thursday. The firm has a market cap of $246.33 billion, a P/E ratio of 37.13, a price-to-earnings-growth ratio of 1.90 and a beta of 1.14. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.08. Mastercard Inc has a 1-year low of $170.65 and a 1-year high of $241.24.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, January 31st. The credit services provider reported $1.55 EPS for the quarter, topping the Zacks’ consensus estimate of $1.52 by $0.03. The company had revenue of $3.81 billion during the quarter, compared to the consensus estimate of $3.79 billion. Mastercard had a net margin of 39.19% and a return on equity of 122.25%. As a group, research analysts expect that Mastercard Inc will post 7.56 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be issued a $0.33 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 0.55%. Mastercard’s dividend payout ratio is presently 20.34%.

MA has been the topic of a number of recent analyst reports. Piper Jaffray Companies reissued an “overweight” rating and issued a $245.00 price objective on shares of Mastercard in a research report on Friday, December 21st. Edward Jones raised shares of Mastercard from a “hold” rating to a “buy” rating in a research report on Wednesday, December 26th. Zacks Investment Research reissued a “buy” rating and issued a $205.00 price objective on shares of Mastercard in a research report on Monday, December 31st. Wells Fargo & Co dropped their price objective on shares of Mastercard from $235.00 to $228.00 and set an “outperform” rating on the stock in a research report on Thursday, January 3rd. Finally, Credit Suisse Group reissued a “buy” rating and issued a $217.00 price objective on shares of Mastercard in a research report on Monday, January 7th. Three analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $233.48.

In other news, General Counsel Timothy H. Murphy sold 60,428 shares of the stock in a transaction dated Monday, March 18th. The shares were sold at an average price of $230.31, for a total value of $13,917,172.68. Following the completion of the transaction, the general counsel now owns 46,331 shares in the company, valued at approximately $10,670,492.61. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Edward Grunde Mclaughlin sold 20,269 shares of the stock in a transaction dated Tuesday, January 22nd. The shares were sold at an average price of $199.53, for a total transaction of $4,044,273.57. Following the completion of the transaction, the insider now owns 37,374 shares of the company’s stock, valued at approximately $7,457,234.22. The disclosure for this sale can be found here. Insiders sold a total of 99,716 shares of company stock valued at $22,428,540 in the last quarter. Insiders own 0.32% of the company’s stock.

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Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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