Harbor Advisors LLC held its stake in shares of Mastercard Incorporated (NYSE:MA) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,000 shares of the credit services provider’s stock at the end of the first quarter. Mastercard makes up approximately 1.2% of Harbor Advisors LLC’s portfolio, making the stock its 9th largest position. Harbor Advisors LLC’s holdings in Mastercard were worth $2,812,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in MA. Glassman Wealth Services boosted its position in Mastercard by 0.3% in the first quarter. Glassman Wealth Services now owns 1,769 shares of the credit services provider’s stock worth $199,000 after buying an additional 6 shares during the period. Genesee Valley Trust Co. boosted its position in Mastercard by 0.3% in the first quarter. Genesee Valley Trust Co. now owns 6,246 shares of the credit services provider’s stock worth $702,000 after buying an additional 18 shares during the period. Concert Wealth Management Inc. boosted its position in Mastercard by 0.3% in the first quarter. Concert Wealth Management Inc. now owns 6,467 shares of the credit services provider’s stock worth $664,000 after buying an additional 18 shares during the period. Welch Group LLC boosted its position in Mastercard by 1.2% in the first quarter. Welch Group LLC now owns 1,625 shares of the credit services provider’s stock worth $183,000 after buying an additional 20 shares during the period. Finally, Intellectus Partners LLC boosted its position in Mastercard by 1.0% in the first quarter. Intellectus Partners LLC now owns 2,378 shares of the credit services provider’s stock worth $267,000 after buying an additional 24 shares during the period. Institutional investors own 75.76% of the company’s stock.

Shares of Mastercard Incorporated (NYSE MA) traded up 0.69% during trading on Friday, reaching $128.55. 2,484,529 shares of the company’s stock were exchanged. The company has a market capitalization of $136.89 billion, a P/E ratio of 31.90 and a beta of 1.17. Mastercard Incorporated has a 12-month low of $94.41 and a 12-month high of $132.20. The stock has a 50-day moving average price of $126.59 and a 200 day moving average price of $117.50.

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

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Friday, July 7th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 0.68%. The ex-dividend date was Wednesday, July 5th. Mastercard’s payout ratio is presently 21.78%.

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MA has been the topic of a number of analyst reports. BidaskClub cut shares of Mastercard from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Zacks Investment Research cut shares of Mastercard from a “hold” rating to a “sell” rating in a research report on Thursday, April 20th. Deutsche Bank AG reiterated a “buy” rating and set a $150.00 price objective (up previously from $124.00) on shares of Mastercard in a research report on Monday, July 10th. Credit Suisse Group reiterated a “buy” rating and set a $125.00 price objective on shares of Mastercard in a research report on Friday, July 7th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $147.00 price objective (up previously from $140.00) on shares of Mastercard in a research report on Tuesday, July 18th. One research analyst has rated the stock with a sell rating, five have given a hold rating, twenty have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $128.20.

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 value of $11,824,777.53. Following the completion of the transaction, the chief financial officer now owns 170,570 shares in the company, valued at approximately $22,138,280.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Foundation Mastercard sold 87,618 shares of Mastercard stock in a transaction dated Thursday, July 20th. The shares were sold at an average price of $127.98, for a total value of $11,213,351.64. Following the completion of the transaction, the insider now owns 112,649,063 shares of the company’s stock, valued at approximately $14,416,827,082.74. The disclosure for this sale can be found here. Insiders sold a total of 850,468 shares of company stock valued at $109,574,694 in the last quarter. Company insiders own 0.30% of the company’s stock.

Mastercard Company Profile

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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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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