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 companies tracked, Mastercard had the 0th highest net out-flow for the day. Mastercard traded up $3.64 for the day and closed at $136.53

A number of equities analysts recently weighed in on MA shares. Wedbush restated a “buy” rating and set a $140.00 price target (up from $129.00) on shares of Mastercard in a research report on Wednesday. BidaskClub lowered shares of Mastercard from a “strong-buy” rating to a “buy” rating in a research report on Saturday, June 10th. Deutsche Bank AG restated a “buy” rating and set a $150.00 price target (up from $124.00) on shares of Mastercard in a research report on Monday, July 10th. Credit Suisse Group restated a “buy” rating and set a $125.00 price target on shares of Mastercard in a research report on Friday, July 7th. Finally, Jefferies Group LLC restated a “buy” rating and set a $147.00 price target (up from $140.00) on shares of Mastercard in a research report on Tuesday, July 18th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, twenty-one have given a buy rating and one has given a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $135.93.

The firm has a 50 day moving average of $131.41 and a 200 day moving average of $120.91. The firm has a market cap of $146.13 billion, a PE ratio of 34.05 and a beta of 1.18.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, July 27th. The credit services provider reported $1.10 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.06. Mastercard had a net margin of 38.30% and a return on equity of 74.92%. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.98 billion. During the same quarter last year, the firm posted $0.96 earnings per share. Mastercard’s revenue for the quarter was up 13.3% compared to the same quarter last year. On average, analysts predict that Mastercard Incorporated will post $4.40 earnings per share for the current year.

In related news, major shareholder Foundation Mastercard sold 87,623 shares of the firm’s stock in a transaction that occurred on Thursday, August 10th. The shares were sold at an average price of $129.34, for a total value of $11,333,158.82. Following the transaction, the insider now owns 112,240,179 shares in the company, valued at $14,517,144,751.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Martina Hundmejean sold 91,107 shares of the firm’s stock in a transaction that occurred on Wednesday, August 2nd. The shares were sold at an average price of $129.79, for a total transaction 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 disclosure for this sale can be found here. Insiders sold 850,468 shares of company stock worth $109,574,694 in the last 90 days. 0.30% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Janus Henderson Group PLC raised its stake in shares of Mastercard by 784.3% during the second quarter. Janus Henderson Group PLC now owns 16,870,229 shares of the credit services provider’s stock valued at $2,048,899,000 after purchasing an additional 14,962,583 shares during the period. Arrowstreet Capital Limited Partnership raised its stake in shares of Mastercard by 289.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,570,551 shares of the credit services provider’s stock valued at $433,643,000 after purchasing an additional 2,654,308 shares during the period. Vanguard Group Inc. raised its stake in shares of Mastercard by 2.9% during the first quarter. Vanguard Group Inc. now owns 63,807,040 shares of the credit services provider’s stock valued at $7,176,378,000 after purchasing an additional 1,814,116 shares during the period. Capital Research Global Investors raised its stake in shares of Mastercard by 15.8% during the second quarter. Capital Research Global Investors now owns 12,685,589 shares of the credit services provider’s stock valued at $1,540,665,000 after purchasing an additional 1,729,179 shares during the period. Finally, Clearbridge Investments LLC raised its stake in shares of Mastercard by 22,644.6% during the first quarter. Clearbridge Investments LLC now owns 1,685,146 shares of the credit services provider’s stock valued at $189,528,000 after purchasing an additional 1,677,737 shares during the period. Hedge funds and other institutional investors own 76.10% of the company’s stock.

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About Mastercard

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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