Moser Wealth Advisors LLC Has $6.17 Million Position in Mastercard Incorporated (NYSE:MA)

Moser Wealth Advisors LLC lessened its holdings in shares of Mastercard Incorporated (NYSE:MA) by 0.9% during the 4th quarter, Holdings Channel reports. The firm owned 14,455 shares of the credit services provider’s stock after selling 135 shares during the period. Mastercard comprises about 3.9% of Moser Wealth Advisors LLC’s portfolio, making the stock its 8th biggest holding. Moser Wealth Advisors LLC’s holdings in Mastercard were worth $6,165,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MA. Cypress Wealth Services LLC grew its position in Mastercard by 2.9% during the fourth quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock worth $369,000 after buying an additional 24 shares during the period. Syntegra Private Wealth Group LLC increased its stake in Mastercard by 1.2% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock valued at $851,000 after purchasing an additional 24 shares in the last quarter. TRUE Private Wealth Advisors raised its holdings in Mastercard by 2.4% during the fourth quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock worth $442,000 after purchasing an additional 24 shares during the last quarter. Indiana Trust & Investment Management CO boosted its position in Mastercard by 4.4% during the fourth quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock worth $255,000 after purchasing an additional 25 shares in the last quarter. Finally, Tufton Capital Management grew its holdings in Mastercard by 4.5% in the fourth quarter. Tufton Capital Management now owns 604 shares of the credit services provider’s stock valued at $258,000 after purchasing an additional 26 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Mastercard Stock Performance

MA stock traded up $0.29 during midday trading on Thursday, reaching $455.06. The company had a trading volume of 271,429 shares, compared to its average volume of 2,444,437. The firm has a market capitalization of $424.52 billion, a PE ratio of 36.14, a P/E/G ratio of 1.74 and a beta of 1.08. The stock has a 50 day moving average price of $468.64 and a 200 day moving average price of $439.23. Mastercard Incorporated has a fifty-two week low of $357.85 and a fifty-two week high of $490.00. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.86.

Mastercard (NYSE:MA) last released its quarterly earnings data on Wednesday, May 1st. The credit services provider reported $3.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.22 by $0.09. Mastercard had a return on equity of 183.70% and a net margin of 46.09%. The business had revenue of $6.35 billion during the quarter, compared to analyst estimates of $6.34 billion. During the same quarter in the previous year, the firm posted $2.80 EPS. The business’s revenue for the quarter was up 10.4% compared to the same quarter last year. Analysts anticipate that Mastercard Incorporated will post 14.22 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on MA shares. JPMorgan Chase & Co. decreased their price objective on shares of Mastercard from $520.00 to $510.00 and set an “overweight” rating on the stock in a research report on Thursday, May 2nd. Susquehanna reaffirmed a “positive” rating and issued a $535.00 target price on shares of Mastercard in a research note on Wednesday, April 3rd. William Blair reiterated an “outperform” rating on shares of Mastercard in a report on Wednesday, January 31st. Raymond James boosted their price target on Mastercard from $452.00 to $504.00 and gave the stock an “outperform” rating in a report on Thursday, February 1st. Finally, Wells Fargo & Company raised their price target on shares of Mastercard from $490.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 6th. Two research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and a consensus price target of $496.27.

Insider Buying and Selling

In related news, CEO Michael Miebach sold 7,851 shares of Mastercard stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $475.92, for a total transaction of $3,736,447.92. Following the sale, the chief executive officer now directly owns 47,640 shares in the company, valued at $22,672,828.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO Michael Miebach sold 7,851 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $475.92, for a total value of $3,736,447.92. Following the sale, the chief executive officer now owns 47,640 shares of the company’s stock, valued at approximately $22,672,828.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Sandra A. Arkell sold 300 shares of the firm’s stock in a transaction dated Wednesday, May 8th. The shares were sold at an average price of $454.00, for a total value of $136,200.00. Following the transaction, the insider now directly owns 3,463 shares of the company’s stock, valued at approximately $1,572,202. The disclosure for this sale can be found here. Insiders sold 872,688 shares of company stock valued at $395,722,487 in the last three months. 0.13% of the stock is currently owned by corporate insiders.

About Mastercard

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.