Mastercard Inc (NYSE:MA) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $218.69 and last traded at $217.93, with a volume of 151017 shares changing hands. The stock had previously closed at $214.54.

Several research analysts have recently commented on MA shares. SunTrust Banks lifted their price target on shares of Mastercard to $240.00 and gave the company a “buy” rating in a report on Friday, July 27th. They noted that the move was a valuation call. Wolfe Research began coverage on shares of Mastercard in a report on Tuesday, July 17th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. boosted their target price on shares of Mastercard from $202.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, July 27th. Buckingham Research boosted their target price on shares of Mastercard from $194.00 to $222.00 and gave the company a “buy” rating in a research note on Tuesday, June 26th. Finally, Loop Capital boosted their target price on shares of Mastercard to $232.00 and gave the company a “buy” rating in a research note on Friday, July 27th. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $208.56.

The stock has a market capitalization of $221.66 billion, a P/E ratio of 47.62, a PEG ratio of 1.75 and a beta of 1.19. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.51 and a current ratio of 1.51.

Mastercard (NYSE:MA) last released its quarterly earnings results on Thursday, July 26th. The credit services provider reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.13. Mastercard had a net margin of 33.81% and a return on equity of 103.82%. The company had revenue of $3.67 billion for the quarter, compared to the consensus estimate of $3.65 billion. During the same period in the previous year, the firm earned $1.10 EPS. Mastercard’s revenue was up 20.0% on a year-over-year basis. sell-side analysts forecast that Mastercard Inc will post 6.41 EPS for the current year.

In other Mastercard news, CFO Martina Hundmejean sold 69,817 shares of the business’s stock in a transaction dated Wednesday, August 1st. The shares were sold at an average price of $200.35, for a total transaction of $13,987,835.95. Following the sale, the chief financial officer now directly owns 128,905 shares in the company, valued at approximately $25,826,116.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.32% of the stock is currently owned by insiders.

Several hedge funds have recently added to or reduced their stakes in the business. Merit Financial Group LLC bought a new stake in shares of Mastercard in the 2nd quarter worth approximately $477,000. Montag A & Associates Inc. bought a new stake in shares of Mastercard in the 2nd quarter worth approximately $724,000. Motley Fool Asset Management LLC raised its holdings in shares of Mastercard by 1.3% in the 2nd quarter. Motley Fool Asset Management LLC now owns 106,668 shares of the credit services provider’s stock worth $20,962,000 after purchasing an additional 1,324 shares in the last quarter. Buckley Wealth Management LLC bought a new stake in shares of Mastercard in the 2nd quarter worth approximately $803,000. Finally, Cetera Investment Advisers raised its holdings in shares of Mastercard by 7.2% in the 1st quarter. Cetera Investment Advisers now owns 8,434 shares of the credit services provider’s stock worth $1,488,000 after purchasing an additional 566 shares in the last quarter. Institutional investors own 74.43% of the company’s stock.

About Mastercard (NYSE:MA)

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

Featured Article: The Role of a Fiduciary and Individual Investors

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.