Arlington Trust Co LLC Has $460,000 Stock Holdings in Mastercard Incorporated $MA

Arlington Trust Co LLC decreased its stake in shares of Mastercard Incorporated (NYSE:MA) by 3.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 818 shares of the credit services provider’s stock after selling 25 shares during the quarter. Arlington Trust Co LLC’s holdings in Mastercard were worth $460,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in MA. Flaharty Asset Management LLC bought a new stake in shares of Mastercard in the 1st quarter valued at about $27,000. Keystone Global Partners LLC bought a new stake in Mastercard in the first quarter valued at approximately $31,000. 10Elms LLP acquired a new stake in shares of Mastercard in the fourth quarter valued at approximately $33,000. Hughes Financial Services LLC acquired a new position in shares of Mastercard during the 1st quarter worth approximately $34,000. Finally, Mpwm Advisory Solutions LLC bought a new stake in Mastercard in the 4th quarter valued at $36,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on MA shares. Seaport Res Ptn upgraded Mastercard from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 14th. KeyCorp upped their price target on shares of Mastercard from $635.00 to $660.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. The Goldman Sachs Group reiterated a “buy” rating on shares of Mastercard in a research note on Friday, August 1st. Wells Fargo & Company raised their target price on shares of Mastercard from $625.00 to $650.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Wall Street Zen raised Mastercard from a “hold” rating to a “buy” rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Mastercard has a consensus rating of “Moderate Buy” and a consensus target price of $626.54.

Insider Buying and Selling

In related news, insider Craig Vosburg sold 9,428 shares of Mastercard stock in a transaction on Friday, June 20th. The shares were sold at an average price of $353.05, for a total transaction of $3,328,555.40. Following the completion of the transaction, the insider owned 58,451 shares of the company’s stock, valued at $20,636,125.55. This trade represents a 13.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Raj Seshadri sold 1,100 shares of Mastercard stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $546.77, for a total value of $601,447.00. Following the completion of the transaction, the insider directly owned 12,921 shares of the company’s stock, valued at approximately $7,064,815.17. This trade represents a 7.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,094 shares of company stock valued at $26,521,861. Corporate insiders own 0.09% of the company’s stock.

Mastercard Price Performance

Shares of NYSE:MA opened at $583.30 on Tuesday. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.16 and a quick ratio of 1.16. Mastercard Incorporated has a one year low of $465.59 and a one year high of $601.77. The company has a market cap of $527.31 billion, a price-to-earnings ratio of 39.33, a PEG ratio of 2.38 and a beta of 0.99. The firm has a 50 day simple moving average of $574.96 and a 200 day simple moving average of $558.34.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, July 31st. The credit services provider reported $4.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.05 by $0.10. The business had revenue of $8.13 billion during the quarter, compared to analysts’ expectations of $7.95 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 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.50 EPS. Research analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 8th. Investors of record on Wednesday, July 9th were paid a $0.76 dividend. The ex-dividend date of this dividend was Wednesday, July 9th. This represents a $3.04 annualized dividend and a dividend yield of 0.5%. Mastercard’s payout ratio is currently 20.50%.

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.