Expressive Wealth LLC Purchases Shares of 1,349 Mastercard Incorporated $MA

Expressive Wealth LLC purchased a new stake in Mastercard Incorporated (NYSE:MAFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,349 shares of the credit services provider’s stock, valued at approximately $770,000. Mastercard makes up about 0.8% of Expressive Wealth LLC’s holdings, making the stock its 26th largest position.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. grew its holdings in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 41 shares during the last quarter. Tacita Capital Inc grew its holdings in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 19 shares during the last quarter. Foster Dykema Cabot & Partners LLC grew its holdings in shares of Mastercard by 250.0% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 40 shares during the last quarter. Bay Harbor Wealth Management LLC grew its holdings in shares of Mastercard by 54.1% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after buying an additional 20 shares during the last quarter. Finally, Birchbrook Inc. purchased a new position in shares of Mastercard during the fourth quarter worth about $37,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

Mastercard Price Performance

Shares of MA opened at $494.22 on Wednesday. Mastercard Incorporated has a twelve month low of $480.50 and a twelve month high of $601.77. The stock’s 50 day moving average is $501.62 and its two-hundred day moving average is $528.62. The firm has a market capitalization of $436.68 billion, a PE ratio of 28.60, a P/E/G ratio of 1.56 and a beta of 0.76. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MAGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share 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 company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same quarter in the previous year, the company earned $3.73 EPS. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. Research analysts anticipate that Mastercard Incorporated will post 19.6 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on MA. Tigress Financial raised their price target on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a report on Friday, March 13th. BNP Paribas Exane raised Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price target on the stock in a report on Thursday, March 19th. The Goldman Sachs Group reissued a “buy” rating and set a $739.00 price target on shares of Mastercard in a report on Thursday, January 29th. Wells Fargo & Company raised their price target on Mastercard from $660.00 to $668.00 and gave the stock an “overweight” rating in a report on Thursday, January 29th. Finally, UBS Group lowered their price target on Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Six analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Mastercard has a consensus rating of “Buy” and an average target price of $656.04.

View Our Latest Stock Report on Mastercard

Mastercard 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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