Chilton Capital Management LLC Has $2.51 Million Stake in Mastercard Incorporated (NYSE:MA)

Chilton Capital Management LLC decreased its stake in Mastercard Incorporated (NYSE:MA) by 0.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 4,583 shares of the credit services provider’s stock after selling 21 shares during the period. Chilton Capital Management LLC’s holdings in Mastercard were worth $2,512,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Measured Risk Portfolios Inc. acquired a new stake in Mastercard in the 4th quarter valued at $31,000. 10Elms LLP acquired a new position in Mastercard in the fourth quarter worth $33,000. Navigoe LLC acquired a new position in Mastercard in the fourth quarter worth $33,000. Truvestments Capital LLC boosted its stake in Mastercard by 62.5% in the fourth quarter. Truvestments Capital LLC now owns 65 shares of the credit services provider’s stock worth $34,000 after purchasing an additional 25 shares in the last quarter. Finally, Mpwm Advisory Solutions LLC acquired a new position in Mastercard in the fourth quarter worth $36,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Insiders Place Their Bets

In related news, insider Sandra A. Arkell sold 150 shares of the company’s stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $580.00, for a total value of $87,000.00. Following the completion of the sale, the insider owned 3,255 shares in the company, valued at approximately $1,887,900. This represents a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Julius Genachowski sold 310 shares of the stock in a transaction dated Tuesday, June 24th. The stock was sold at an average price of $561.00, for a total value of $173,910.00. Following the completion of the sale, the director owned 8,323 shares of the company’s stock, valued at $4,669,203. This trade represents a 3.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 38,441 shares of company stock valued at $20,173,035 in the last ninety days. 0.09% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Monness Crespi & Hardt lowered Mastercard from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 9th. UBS Group boosted their price objective on Mastercard from $660.00 to $670.00 and gave the stock a “buy” rating in a research note on Tuesday, June 3rd. Jefferies Financial Group reissued a “buy” rating on shares of Mastercard in a research note on Friday, June 6th. The Goldman Sachs Group reissued a “buy” rating and issued a $633.00 price objective on shares of Mastercard in a research note on Wednesday, April 2nd. Finally, Citigroup boosted their price objective on Mastercard from $650.00 to $652.00 and gave the stock a “buy” rating in a research note on Monday, May 5th. Seven research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $611.50.

Mastercard Trading Up 0.9%

NYSE MA opened at $566.53 on Friday. The stock has a 50-day simple moving average of $566.83 and a 200 day simple moving average of $546.68. The company has a market capitalization of $516.51 billion, a PE ratio of 39.73, a P/E/G ratio of 2.47 and a beta of 1.02. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 2.81. Mastercard Incorporated has a 12 month low of $428.86 and a 12 month high of $594.71.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, May 1st. The credit services provider reported $3.73 EPS for the quarter, beating analysts’ consensus estimates of $3.57 by $0.16. The business had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. Mastercard had a return on equity of 196.87% and a net margin of 45.21%. The firm’s revenue was up 14.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.31 earnings per share. Research analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 8th. Investors of record on Wednesday, July 9th will be issued a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, July 9th. This represents a $3.04 dividend on an annualized basis and a yield of 0.54%. Mastercard’s dividend payout ratio is presently 21.32%.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.