&PARTNERS Acquires 7,505 Shares of Mastercard Incorporated $MA

&PARTNERS raised its holdings in Mastercard Incorporated (NYSE:MA) by 10.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 78,994 shares of the credit services provider’s stock after purchasing an additional 7,505 shares during the quarter. &PARTNERS’s holdings in Mastercard were worth $45,088,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC raised its holdings in Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after buying an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after buying an additional 200 shares during the period. Betterment LLC grew its position in shares of Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock valued at $532,000 after buying an additional 58 shares during the last quarter. Worldquant Millennium Advisors LLC increased its stake in shares of Mastercard by 35.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after buying an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in shares of Mastercard during the second quarter worth about $431,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Susquehanna reduced their target price on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a report on Friday, May 1st. BMO Capital Markets initiated coverage on shares of Mastercard in a report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price target for the company. Dbs Bank raised shares of Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. UBS Group decreased their price objective on shares of Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Finally, Tigress Financial boosted their target price on shares of Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a report on Friday, March 13th. Six investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has assigned a Sell 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 $656.04.

Mastercard Stock Performance

MA opened at $501.00 on Wednesday. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The company has a market cap of $442.67 billion, a price-to-earnings ratio of 28.99, a PEG ratio of 1.53 and a beta of 0.74. The company’s fifty day moving average price is $499.39 and its two-hundred day moving average price is $522.78. 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:MA) last posted its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.73 earnings per share. On average, analysts expect that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

About Mastercard

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.