United Advisor Group LLC Purchases 433 Shares of Mastercard Incorporated $MA

United Advisor Group LLC lifted its position in shares of Mastercard Incorporated (NYSE:MA) by 61.9% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,133 shares of the credit services provider’s stock after purchasing an additional 433 shares during the quarter. United Advisor Group LLC’s holdings in Mastercard were worth $637,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. ORG Partners LLC increased its stake in Mastercard by 73.2% in the second quarter. ORG Partners LLC now owns 698 shares of the credit services provider’s stock worth $394,000 after purchasing an additional 295 shares during the period. Ethos Financial Group LLC grew its holdings in shares of Mastercard by 19.5% in the first quarter. Ethos Financial Group LLC now owns 3,174 shares of the credit services provider’s stock worth $1,683,000 after purchasing an additional 518 shares during the last quarter. Curio Wealth LLC increased its stake in Mastercard by 22,400.0% in the 2nd quarter. Curio Wealth LLC now owns 225 shares of the credit services provider’s stock worth $126,000 after buying an additional 224 shares during the period. Vanguard Group Inc. increased its stake in Mastercard by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 78,475,807 shares of the credit services provider’s stock worth $44,098,695,000 after buying an additional 931,132 shares during the period. Finally, Wheelhouse Advisory Group LLC lifted its holdings in Mastercard by 4.4% during the 2nd quarter. Wheelhouse Advisory Group LLC now owns 1,336 shares of the credit services provider’s stock valued at $751,000 after buying an additional 56 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Down 1.7%

Mastercard stock opened at $527.63 on Wednesday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.41. The firm has a market cap of $473.81 billion, a P/E ratio of 35.58, a P/E/G ratio of 2.27 and a beta of 0.92. The business has a fifty day moving average of $566.34 and a two-hundred day moving average of $569.80. Mastercard Incorporated has a twelve month low of $465.59 and a twelve month high of $601.77.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, October 30th. The credit services provider reported $4.38 EPS for the quarter, topping the consensus estimate of $4.31 by $0.07. The firm had revenue of $8.60 billion during the quarter, compared to analyst estimates of $8.53 billion. Mastercard had a return on equity of 200.01% and a net margin of 44.93%.The business’s revenue for the quarter was up 16.7% compared to the same quarter last year. During the same period in the previous year, the company posted $3.89 EPS. On average, analysts forecast that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 7th. Shareholders of record on Thursday, October 9th were issued a $0.76 dividend. The ex-dividend date was Thursday, October 9th. This represents a $3.04 dividend on an annualized basis and a yield of 0.6%. Mastercard’s payout ratio is currently 19.44%.

Analyst Ratings Changes

MA has been the topic of a number of research analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $713.00 target price on shares of Mastercard in a research note on Thursday, October 30th. Robert W. Baird increased their price objective on Mastercard from $640.00 to $660.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. KeyCorp reaffirmed an “overweight” rating and set a $665.00 target price on shares of Mastercard in a research report on Wednesday, October 22nd. Compass Point set a $620.00 target price on Mastercard and gave the stock a “neutral” rating in a report on Friday, October 31st. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Mastercard in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Mastercard currently has a consensus rating of “Buy” and a consensus price target of $652.50.

Insider Activity at Mastercard

In other news, CFO J. Mehra Sachin sold 17,263 shares of the firm’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $591.00, for a total value of $10,202,433.00. Following the sale, the chief financial officer directly owned 31,234 shares in the company, valued at approximately $18,459,294. This trade represents a 35.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.09% of the company’s stock.

Mastercard 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.