Mastercard (NYSE: MA) recently received a number of ratings updates from brokerages and research firms:

  • 7/31/2017 – Mastercard was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/30/2017 – Mastercard had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $137.00 price target on the stock, up previously from $129.00.
  • 7/28/2017 – Mastercard had its price target raised by analysts at Loop Capital from $132.00 to $144.00. They now have a “positive” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 7/28/2017 – Mastercard had its price target raised by analysts at BMO Capital Markets from $126.00 to $137.00. They now have an “outperform” rating on the stock.
  • 7/18/2017 – Mastercard had its price target raised by analysts at Oppenheimer Holdings, Inc.. They now have an “outperform” rating on the stock.
  • 7/18/2017 – Mastercard had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $147.00 price target on the stock, up previously from $140.00.
  • 7/12/2017 – Mastercard was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/10/2017 – Mastercard had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $150.00 price target on the stock, up previously from $124.00.
  • 7/7/2017 – Mastercard had its “buy” rating reaffirmed by analysts at Credit Suisse Group. They now have a $125.00 price target on the stock.
  • 7/5/2017 – Mastercard was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $136.00 price target on the stock. According to Zacks, “MasterCard is well positioned for growth given its solid market position, ongoing expansion and digital initiatives, and significant opportunities from the secular shift toward electronic payments. The acquisition of VocaLink and NuData Security, complement the company’s efforts to participate in new payment flows and enhance its safety and security offerings. Its stock has also outperformed the industry over the past one year . Its earnings estimates for 2017 as also been revised upwards over the past 60 days. It, however, continues to face escalating costs, a volatile forex environment and legal issues. Also higher incentives and rewars will pressure bottomline. It continues to expect net revenue to grow at a low double-digit rate on a currency-neutral basis. The company has scheduled to release its second quarter earnings before the market opens on July 27. The Earnings ESP of 4.81% and Zacks Rank #2 increase the potential for a beat.”
  • 7/5/2017 – Mastercard was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/27/2017 – Mastercard is now covered by analysts at Mizuho. They set a “neutral” rating and a $125.00 price target on the stock.
  • 6/19/2017 – Mastercard had its price target raised by analysts at Citigroup Inc. from $123.00 to $140.00. They now have a “buy” rating on the stock.
  • 6/16/2017 – Mastercard had its “top pick” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $130.00 price target on the stock.

Shares of Mastercard Incorporated (NYSE:MA) traded down 1.58% on Thursday, hitting $127.67. The stock had a trading volume of 2,590,439 shares. Mastercard Incorporated has a 12-month low of $94.41 and a 12-month high of $132.20. The company has a market cap of $135.96 billion, a price-to-earnings ratio of 31.68 and a beta of 1.17. The stock has a 50 day moving average price of $126.31 and a 200-day moving average price of $117.29.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, July 27th. The credit services provider reported $1.10 EPS for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.06. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The business had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.98 billion. During the same quarter in the previous year, the firm earned $0.96 earnings per share. The business’s revenue was up 13.3% compared to the same quarter last year. On average, equities analysts expect that Mastercard Incorporated will post $4.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Friday, July 7th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date of this dividend was Wednesday, July 5th. Mastercard’s dividend payout ratio (DPR) is currently 21.78%.

In other news, CFO Martina Hundmejean sold 91,107 shares of Mastercard stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $129.79, for a total transaction of $11,824,777.53. Following the sale, the chief financial officer now owns 170,570 shares in the company, valued at $22,138,280.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Foundation Mastercard sold 58,412 shares of Mastercard stock in a transaction dated Friday, August 4th. The stock was sold at an average price of $129.87, for a total value of $7,585,966.44. Following the sale, the insider now owns 112,298,591 shares in the company, valued at approximately $14,584,218,013.17. The disclosure for this sale can be found here. Insiders have sold 762,845 shares of company stock worth $98,241,535 in the last quarter. Insiders own 0.30% of the company’s stock.

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company operates through Payment Solutions segment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus.

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