World Investment Advisors Has $14.29 Million Holdings in Mastercard Incorporated $MA

World Investment Advisors boosted its holdings in shares of Mastercard Incorporated (NYSE:MA) by 17.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,028 shares of the credit services provider’s stock after acquiring an additional 3,705 shares during the quarter. World Investment Advisors’ holdings in Mastercard were worth $14,288,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MA. Brighton Jones LLC boosted its position in Mastercard by 42.3% during the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after acquiring an additional 2,028 shares during the period. Schnieders Capital Management LLC. boosted its position in Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares during the period. Betterment LLC boosted its position in Mastercard by 6.5% during the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the period. Worldquant Millennium Advisors LLC raised its stake in shares of Mastercard by 35.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after purchasing an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of Mastercard during the 2nd quarter worth about $431,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MA. TD Cowen reissued a “buy” rating on shares of Mastercard in a research note on Tuesday, March 17th. Cantor Fitzgerald raised Mastercard to a “strong-buy” rating in a research note on Tuesday, January 27th. Wells Fargo & Company raised their price objective on Mastercard from $660.00 to $668.00 and gave the company an “overweight” rating in a research note on Thursday, January 29th. Susquehanna cut their price objective on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Finally, Tigress Financial raised their price objective on Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research note on Friday, March 13th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard has an average rating of “Buy” and a consensus target price of $656.00.

Mastercard Stock Performance

Shares of NYSE MA opened at $500.18 on Wednesday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The business’s 50 day moving average is $505.21 and its two-hundred day moving average is $533.04. The company has a market cap of $441.95 billion, a P/E ratio of 28.95, a P/E/G ratio of 1.55 and a beta of 0.76. Mastercard Incorporated has a 12 month low of $480.50 and a 12 month high of $601.77.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. The company had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the business posted $3.73 EPS. On average, equities analysts expect that Mastercard Incorporated will post 19.58 EPS for the current year.

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.