Fiduciary Financial Services of The Southwest Inc. TX Increases Holdings in Mastercard Incorporated (MA)

Fiduciary Financial Services of The Southwest Inc. TX raised its holdings in shares of Mastercard Incorporated (NYSE:MA) by 8.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,619 shares of the credit services provider’s stock after purchasing an additional 1,595 shares during the quarter. Fiduciary Financial Services of The Southwest Inc. TX’s holdings in Mastercard were worth $2,504,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in MA. Waldron LP bought a new position in Mastercard during the 1st quarter worth $823,000. Welch Group LLC increased its position in Mastercard by 1.2% during the 1st quarter. Welch Group LLC now owns 1,625 shares of the credit services provider’s stock worth $183,000 after buying an additional 20 shares during the period. Pillar Pacific Capital Management LLC increased its position in Mastercard by 1.0% during the 1st quarter. Pillar Pacific Capital Management LLC now owns 75,313 shares of the credit services provider’s stock worth $8,470,000 after buying an additional 755 shares during the period. Alpha Cubed Investments LLC increased its position in Mastercard by 11.1% during the 1st quarter. Alpha Cubed Investments LLC now owns 2,743 shares of the credit services provider’s stock worth $308,000 after buying an additional 273 shares during the period. Finally, Trust Investment Advisors increased its position in Mastercard by 9.3% during the 1st quarter. Trust Investment Advisors now owns 5,895 shares of the credit services provider’s stock worth $663,000 after buying an additional 500 shares during the period. 76.05% of the stock is owned by institutional investors and hedge funds.

WARNING: This report was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://ledgergazette.com/2017/10/10/fiduciary-financial-services-of-the-southwest-inc-tx-increases-holdings-in-mastercard-incorporated-ma.html.

Several research firms have weighed in on MA. BidaskClub upgraded Mastercard from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Guggenheim upgraded Mastercard from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $135.00 to $153.00 in a research report on Monday, September 11th. Citigroup Inc. increased their price objective on Mastercard from $123.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, June 19th. BMO Capital Markets increased their price objective on Mastercard from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, Barclays PLC increased their price objective on Mastercard from $142.00 to $148.00 and gave the stock an “overweight” rating in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $143.08.

Shares of Mastercard Incorporated (NYSE:MA) opened at 144.55 on Tuesday. Mastercard Incorporated has a 52 week low of $99.51 and a 52 week high of $145.18. The stock’s 50 day moving average price is $138.46 and its 200-day moving average price is $125.67. The firm has a market capitalization of $153.93 billion, a price-to-earnings ratio of 35.87 and a beta of 1.18.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 27th. The credit services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.98 billion. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The company’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 EPS. Equities analysts predict that Mastercard Incorporated will post $4.44 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 9th. Stockholders of record on Friday, October 6th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, October 5th. This represents a $0.88 annualized dividend and a dividend yield of 0.61%. Mastercard’s dividend payout ratio (DPR) is presently 21.78%.

In other news, CFO Martina Hundmejean sold 91,107 shares of the stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $129.79, for a total transaction of $11,824,777.53. Following the transaction, the chief financial officer now directly owns 170,570 shares in the company, valued at approximately $22,138,280.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Foundation Mastercard sold 87,618 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $126.60, for a total value of $11,092,438.80. Following the transaction, the insider now owns 112,736,681 shares in the company, valued at $14,272,463,814.60. The disclosure for this sale can be found here. Insiders have sold a total of 869,668 shares of company stock worth $112,301,656 over the last q

A number of other institutional investors have also made changes to their positions in MA. Waldron LP bought a new position in Mastercard during the 1st quarter worth $823,000. Welch Group LLC increased its position in Mastercard by 1.2% during the 1st quarter. Welch Group LLC now owns 1,625 shares of the credit services provider’s stock worth $183,000 after buying an additional 20 shares during the period. Pillar Pacific Capital Management LLC increased its position in Mastercard by 1.0% during the 1st quarter. Pillar Pacific Capital Management LLC now owns 75,313 shares of the credit services provider’s stock worth $8,470,000 after buying an additional 755 shares during the period. Alpha Cubed Investments LLC increased its position in Mastercard by 11.1% during the 1st quarter. Alpha Cubed Investments LLC now owns 2,743 shares of the credit services provider’s stock worth $308,000 after buying an additional 273 shares during the period. Finally, Trust Investment Advisors increased its position in Mastercard by 9.3% during the 1st quarter. Trust Investment Advisors now owns 5,895 shares of the credit services provider’s stock worth $663,000 after buying an additional 500 shares during the period. 76.05% of the stock is owned by institutional investors and hedge funds.

WARNING: This report was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this report on another domain, it was stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be accessed at https://ledgergazette.com/2017/10/10/fiduciary-financial-services-of-the-southwest-inc-tx-increases-holdings-in-mastercard-incorporated-ma.html.

Several research firms have weighed in on MA. BidaskClub upgraded Mastercard from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Guggenheim upgraded Mastercard from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $135.00 to $153.00 in a research report on Monday, September 11th. Citigroup Inc. increased their price objective on Mastercard from $123.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, June 19th. BMO Capital Markets increased their price objective on Mastercard from $126.00 to $137.00 and gave the stock an “outperform” rating in a research report on Friday, July 28th. Finally, Barclays PLC increased their price objective on Mastercard from $142.00 to $148.00 and gave the stock an “overweight” rating in a research report on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-five have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $143.08.

Shares of Mastercard Incorporated (NYSE:MA) opened at 144.55 on Tuesday. Mastercard Incorporated has a 52 week low of $99.51 and a 52 week high of $145.18. The stock’s 50 day moving average price is $138.46 and its 200-day moving average price is $125.67. The firm has a market capitalization of $153.93 billion, a price-to-earnings ratio of 35.87 and a beta of 1.18.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 27th. The credit services provider reported $1.10 EPS for the quarter, beating the consensus estimate of $1.04 by $0.06. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.98 billion. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The company’s revenue was up 13.3% on a year-over-year basis. During the same period in the prior year, the company earned $0.96 EPS. Equities analysts predict that Mastercard Incorporated will post $4.44 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 9th. Stockholders of record on Friday, October 6th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, October 5th. This represents a $0.88 annualized dividend and a dividend yield of 0.61%. Mastercard’s dividend payout ratio (DPR) is presently 21.78%.

In other news, CFO Martina Hundmejean sold 91,107 shares of the stock in a transaction dated Wednesday, August 2nd. The stock was sold at an average price of $129.79, for a total transaction of $11,824,777.53. Following the transaction, the chief financial officer now directly owns 170,570 shares in the company, valued at approximately $22,138,280.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Foundation Mastercard sold 87,618 shares of the stock in a transaction dated Monday, July 17th. The shares were sold at an average price of $126.60, for a total value of $11,092,438.80. Following the transaction, the insider now owns 112,736,681 shares in the company, valued at $14,272,463,814.60. The disclosure for this sale can be found here. Insiders have sold a total of 869,668 shares of company stock worth $112,301,656 over the last quarter. Corporate insiders own 0.30% of the company’s stock.

Mastercard Company Profile

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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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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