Investors sold shares of Mastercard Incorporated (NYSE:MA) on strength during trading hours on Thursday. $166.91 million flowed into the stock on the tick-up and $228.40 million flowed out of the stock on the tick-down, for a money net flow of $61.49 million out of the stock. Of all equities tracked, Mastercard had the 9th highest net out-flow for the day. Mastercard traded up $3.64 for the day and closed at $136.53

MA has been the subject of several recent analyst reports. Deutsche Bank AG reaffirmed a “buy” rating and issued a $150.00 price target (up previously from $124.00) on shares of Mastercard in a research report on Monday, July 10th. Wedbush reaffirmed an “outperform” rating and issued a $129.00 price target (up previously from $126.00) on shares of Mastercard in a research report on Tuesday, June 6th. Oppenheimer Holdings, Inc. lifted their price target on Mastercard and gave the stock an “outperform” rating in a research report on Tuesday, July 18th. Cowen and Company reaffirmed an “outperform” rating and issued a $137.00 price target (up previously from $129.00) on shares of Mastercard in a research report on Sunday, July 30th. Finally, Zacks Investment Research lowered Mastercard from a “buy” rating to a “hold” rating in a research report on Monday, August 21st. One research analyst has rated the stock with a sell rating, five have given a hold rating, twenty have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $128.70.

The stock’s 50 day moving average price is $131.16 and its 200-day moving average price is $120.79. The stock has a market capitalization of $145.39 billion, a price-to-earnings ratio of 33.88 and a beta of 1.18.

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 consensus estimate of $1.04 by $0.06. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.98 billion. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. Mastercard’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same period last year, the company earned $0.96 earnings per share. Analysts anticipate that Mastercard Incorporated will post $4.39 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 9th. Investors of record on Friday, July 7th were issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 0.64%. The ex-dividend date of this dividend was Wednesday, July 5th. Mastercard’s dividend payout ratio (DPR) is 21.78%.

In related news, CFO Martina Hundmejean sold 91,107 shares of the firm’s 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 directly owns 170,570 shares of the company’s stock, valued at $22,138,280.30. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Foundation Mastercard sold 87,623 shares of the firm’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $129.34, for a total value of $11,333,158.82. Following the sale, the insider now directly owns 112,240,179 shares in the company, valued at $14,517,144,751.86. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 850,468 shares of company stock worth $109,574,694. 0.30% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Intl Fcstone Inc. acquired a new stake in Mastercard in the second quarter valued at approximately $1,873,000. USA Financial Portformulas Corp grew its holdings in Mastercard by 945.0% in the second quarter. USA Financial Portformulas Corp now owns 26,615 shares of the credit services provider’s stock valued at $3,232,000 after purchasing an additional 24,068 shares during the period. Farmers National Bank grew its holdings in Mastercard by 7.2% in the second quarter. Farmers National Bank now owns 13,287 shares of the credit services provider’s stock valued at $1,614,000 after purchasing an additional 889 shares during the period. Kimelman & Baird LLC grew its holdings in Mastercard by 0.7% in the second quarter. Kimelman & Baird LLC now owns 109,983 shares of the credit services provider’s stock valued at $13,357,000 after purchasing an additional 765 shares during the period. Finally, Sentry Investment Management LLC grew its holdings in Mastercard by 1.0% in the second quarter. Sentry Investment Management LLC now owns 75,771 shares of the credit services provider’s stock valued at $9,202,000 after purchasing an additional 736 shares during the period. 76.10% of the stock is currently owned by institutional investors.

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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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