Yeomans Consulting Group Inc. Has $216,000 Holdings in Mastercard Incorporated (NYSE:MA)

Yeomans Consulting Group Inc. decreased its holdings in shares of Mastercard Incorporated (NYSE:MA) by 20.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 438 shares of the credit services provider’s stock after selling 113 shares during the quarter. Yeomans Consulting Group Inc.’s holdings in Mastercard were worth $216,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Palisade Asset Management LLC acquired a new stake in shares of Mastercard in the 1st quarter valued at approximately $27,000. Strategic Investment Solutions Inc. IL acquired a new stake in Mastercard in the second quarter worth $34,000. Fairway Wealth LLC bought a new position in shares of Mastercard during the second quarter worth $35,000. Lowe Wealth Advisors LLC grew its holdings in shares of Mastercard by 74.0% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 87 shares of the credit services provider’s stock valued at $43,000 after buying an additional 37 shares during the period. Finally, VitalStone Financial LLC increased its position in shares of Mastercard by 55.0% in the 1st quarter. VitalStone Financial LLC now owns 93 shares of the credit services provider’s stock valued at $45,000 after buying an additional 33 shares in the last quarter. 97.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MA shares. William Blair upgraded Mastercard to a “strong-buy” rating in a report on Wednesday, July 31st. BMO Capital Markets reiterated an “outperform” rating and issued a $520.00 price objective on shares of Mastercard in a research report on Wednesday, August 14th. Susquehanna raised their target price on shares of Mastercard from $535.00 to $540.00 and gave the stock a “positive” rating in a report on Thursday, August 1st. KeyCorp upped their price target on shares of Mastercard from $490.00 to $515.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada raised their price objective on shares of Mastercard from $500.00 to $526.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Four investment analysts have rated the stock with a hold rating, eighteen have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $525.68.

Insider Transactions at Mastercard

In other news, CMO Venkata R. Madabhushi sold 4,685 shares of the business’s stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $489.86, for a total transaction of $2,294,994.10. Following the completion of the sale, the chief marketing officer now owns 15,031 shares in the company, valued at $7,363,085.66. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Mastercard news, CFO J. Mehra Sachin sold 13,439 shares of the stock in a transaction that occurred on Monday, August 5th. The shares were sold at an average price of $455.00, for a total transaction of $6,114,745.00. Following the transaction, the chief financial officer now owns 27,304 shares in the company, valued at $12,423,320. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CMO Venkata R. Madabhushi sold 4,685 shares of the stock in a transaction that occurred on Friday, September 20th. The stock was sold at an average price of $489.86, for a total value of $2,294,994.10. Following the sale, the chief marketing officer now directly owns 15,031 shares in the company, valued at $7,363,085.66. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 340,809 shares of company stock worth $159,610,703. 0.10% of the stock is owned by insiders.

Mastercard Stock Performance

NYSE MA traded up $1.64 during trading on Monday, reaching $509.00. 344,522 shares of the company’s stock were exchanged, compared to its average volume of 2,418,921. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50 day moving average price of $491.84 and a 200-day moving average price of $465.36. The stock has a market capitalization of $473.17 billion, a P/E ratio of 40.44, a PEG ratio of 2.27 and a beta of 1.10. Mastercard Incorporated has a fifty-two week low of $364.72 and a fifty-two week high of $518.82.

Mastercard (NYSE:MA) last posted its earnings results on Wednesday, July 31st. The credit services provider reported $3.59 earnings per share for the quarter, topping analysts’ consensus estimates of $3.51 by $0.08. Mastercard had a return on equity of 179.78% and a net margin of 46.45%. The business had revenue of $6.96 billion for the quarter, compared to analyst estimates of $6.85 billion. Sell-side analysts forecast that Mastercard Incorporated will post 14.32 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Wednesday, October 9th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 0.52%. The ex-dividend date is Wednesday, October 9th. Mastercard’s payout ratio is presently 20.99%.

Mastercard Profile

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.