2,773 Shares in Mastercard Incorporated $MA Bought by Fieldview Capital Management LLC

Fieldview Capital Management LLC bought a new position in Mastercard Incorporated (NYSE:MAFree Report) in the fourth quarter, Holdings Channel.com reports. The firm bought 2,773 shares of the credit services provider’s stock, valued at approximately $1,583,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MA. Norges Bank purchased a new position in Mastercard in the 4th quarter worth $6,705,708,000. Cardano Risk Management B.V. raised its stake in shares of Mastercard by 861.6% during the 4th quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock valued at $2,324,743,000 after buying an additional 3,648,748 shares during the last quarter. State Street Corp raised its stake in shares of Mastercard by 2.8% during the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock valued at $20,807,283,000 after buying an additional 997,536 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Mastercard by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider’s stock valued at $45,181,341,000 after buying an additional 955,533 shares during the last quarter. Finally, Cibc World Markets Corp purchased a new position in shares of Mastercard during the 4th quarter valued at about $497,311,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Mastercard Price Performance

NYSE:MA opened at $489.36 on Monday. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $432.39 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74. The stock’s 50-day moving average price is $499.31 and its 200-day moving average price is $523.49.

Mastercard (NYSE:MAGet Free Report) last posted its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same period last year, the firm earned $3.73 EPS. The company’s quarterly revenue was up 15.8% on a year-over-year basis. As a group, equities analysts expect that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Weiss Ratings lowered Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Wall Street Zen lowered Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Evercore reiterated a “negative” rating on shares of Mastercard in a research note on Tuesday, March 17th. BMO Capital Markets assumed coverage on Mastercard in a research note on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective for the company. Finally, TD Cowen reiterated a “buy” rating on shares of Mastercard in a research note on Tuesday, March 17th. Six analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $656.04.

View Our Latest Stock Report on MA

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Mastercard Company Profile

(Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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