Mastercard Incorporated (NYSE:MA) Shares Sold by First National Bank of Omaha

First National Bank of Omaha lessened its holdings in shares of Mastercard Incorporated (NYSE:MA) by 7.9% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,549 shares of the credit services provider’s stock after selling 1,168 shares during the quarter. First National Bank of Omaha’s holdings in Mastercard were worth $6,690,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MA. International Assets Investment Management LLC increased its holdings in Mastercard by 120,665.3% in the 3rd quarter. International Assets Investment Management LLC now owns 8,041,758 shares of the credit services provider’s stock valued at $3,971,020,000 after purchasing an additional 8,035,099 shares in the last quarter. Bank of Montreal Can grew its stake in shares of Mastercard by 51.7% in the third quarter. Bank of Montreal Can now owns 5,765,714 shares of the credit services provider’s stock valued at $2,846,187,000 after buying an additional 1,965,782 shares in the last quarter. PineStone Asset Management Inc. raised its holdings in shares of Mastercard by 145.6% during the 2nd quarter. PineStone Asset Management Inc. now owns 1,777,468 shares of the credit services provider’s stock valued at $784,148,000 after buying an additional 1,053,616 shares during the period. FMR LLC lifted its position in Mastercard by 3.4% during the 3rd quarter. FMR LLC now owns 21,355,081 shares of the credit services provider’s stock worth $10,545,139,000 after acquiring an additional 700,769 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. boosted its holdings in Mastercard by 52.8% in the 3rd quarter. Montrusco Bolton Investments Inc. now owns 1,185,081 shares of the credit services provider’s stock worth $573,017,000 after acquiring an additional 409,334 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Trading Up 0.7 %

Shares of NYSE:MA opened at $528.57 on Friday. The firm has a fifty day moving average of $513.84 and a two-hundred day moving average of $478.65. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.36. Mastercard Incorporated has a 12-month low of $409.23 and a 12-month high of $535.77. The firm has a market capitalization of $485.14 billion, a P/E ratio of 39.98, a price-to-earnings-growth ratio of 2.32 and a beta of 1.10.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, October 31st. The credit services provider reported $3.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.16. Mastercard had a return on equity of 178.27% and a net margin of 45.26%. The firm had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.27 billion. During the same quarter last year, the firm earned $3.39 earnings per share. The business’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, equities analysts expect that Mastercard Incorporated will post 14.47 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, November 8th. Investors of record on Wednesday, October 9th were paid a $0.66 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $2.64 annualized dividend and a dividend yield of 0.50%. Mastercard’s payout ratio is 19.97%.

Insider Buying and Selling

In related news, CMO Venkata R. Madabhushi sold 4,685 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $489.86, for a total value of $2,294,994.10. Following the completion of the sale, the chief marketing officer now directly owns 15,031 shares in the company, valued at approximately $7,363,085.66. The trade was a 23.76 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.10% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

MA has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Mastercard from $510.00 to $580.00 and gave the company a “buy” rating in a research note on Friday, November 1st. BMO Capital Markets boosted their price objective on shares of Mastercard from $550.00 to $565.00 and gave the stock an “outperform” rating in a report on Thursday, November 14th. Compass Point started coverage on Mastercard in a research note on Wednesday, September 4th. They set a “neutral” rating and a $525.00 target price for the company. Robert W. Baird boosted their price target on Mastercard from $545.00 to $575.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Finally, Citigroup raised their price objective on Mastercard from $566.00 to $572.00 and gave the company a “buy” rating in a research note on Monday, November 4th. Four analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Mastercard has a consensus rating of “Moderate Buy” and a consensus price target of $551.42.

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.