329 Shares in Mastercard Incorporated (NYSE:MA) Purchased by Orion Capital Management LLC

Orion Capital Management LLC bought a new stake in Mastercard Incorporated (NYSE:MA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 329 shares of the credit services provider’s stock, valued at approximately $173,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MA. NewSquare Capital LLC bought a new stake in shares of Mastercard during the 4th quarter worth approximately $26,000. Marshall Investment Management LLC acquired a new position in Mastercard during the fourth quarter valued at approximately $30,000. Measured Risk Portfolios Inc. bought a new stake in Mastercard during the fourth quarter worth $31,000. Halbert Hargrove Global Advisors LLC acquired a new stake in shares of Mastercard in the 4th quarter valued at $32,000. Finally, Navigoe LLC bought a new position in shares of Mastercard in the 4th quarter valued at $33,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MA has been the subject of several recent analyst reports. Citigroup upped their price objective on Mastercard from $650.00 to $652.00 and gave the stock a “buy” rating in a research report on Monday, May 5th. Susquehanna boosted their target price on Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a research note on Friday, January 31st. Wells Fargo & Company raised their price target on shares of Mastercard from $585.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, February 4th. William Blair reaffirmed an “outperform” rating on shares of Mastercard in a report on Friday, January 31st. Finally, Raymond James reissued an “outperform” rating and issued a $640.00 price objective (up previously from $614.00) on shares of Mastercard in a research note on Friday, January 31st. Six research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $606.25.

Insiders Place Their Bets

In related news, CEO Michael Miebach sold 15,775 shares of Mastercard stock in a transaction on Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total value of $8,678,774.00. Following the completion of the sale, the chief executive officer now owns 84,871 shares of the company’s stock, valued at approximately $46,692,629.36. This trade represents a 15.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Sandra A. Arkell sold 150 shares of the business’s stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $569.45, for a total transaction of $85,417.50. Following the sale, the insider now owns 3,555 shares of the company’s stock, valued at $2,024,394.75. This trade represents a 4.05% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,207 shares of company stock worth $12,664,529. 0.10% of the stock is currently owned by company insiders.

Mastercard Trading Down 1.0%

NYSE MA opened at $580.67 on Wednesday. Mastercard Incorporated has a one year low of $428.86 and a one year high of $588.45. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03. The business has a 50 day simple moving average of $538.11 and a 200 day simple moving average of $536.73. The stock has a market capitalization of $529.40 billion, a P/E ratio of 41.80, a P/E/G ratio of 2.37 and a beta of 1.06.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, May 1st. The credit services provider reported $3.73 EPS for the quarter, topping the consensus estimate of $3.57 by $0.16. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. The company had revenue of $7.25 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same quarter last year, the firm posted $3.31 EPS. The company’s quarterly revenue was up 14.2% on a year-over-year basis. Research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

About Mastercard

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.