News headlines about Mastercard (NYSE:MA) have been trending somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Mastercard earned a daily sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the credit services provider an impact score of 46.7437410389848 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have effected Accern’s rankings:
- Akre Capital Management LLC Significantly Lowers Its Ownership in Mastercard Incorporated (MA) Stock Last Quarter – First News 24 (firstnewspaper24.com)
- Akre Capital Management LLC Significantly Lowers Its Stake in Mastercard Incorporated (MA) Last Quarter – Modern Readers (modernreaders.com)
- Winton Group Ltd Raises Its Investment in Mastercard Incorporated (MA) Stock – Modern Readers (modernreaders.com)
- Canadian Health Inc! Cheap Viagra Online Mastercard (arcadeheroes.com)
- Discount Credit Card Supply named to 2017 Inc. 5000 (greensheet.com)
A number of equities analysts have weighed in on the stock. Cowen and Company reiterated an “outperform” rating and set a $137.00 target price (up previously from $129.00) on shares of Mastercard in a research report on Sunday, July 30th. BidaskClub lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Wednesday, July 5th. Loop Capital increased their target price on shares of Mastercard from $132.00 to $144.00 and gave the stock a “positive” rating in a research report on Friday, July 28th. They noted that the move was a valuation call. Royal Bank Of Canada reiterated a “top pick” rating and set a $130.00 target price on shares of Mastercard in a research report on Friday, June 16th. Finally, Mizuho began coverage on shares of Mastercard in a research report on Tuesday, June 27th. They issued a “neutral” rating and a $125.00 price objective for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. Mastercard presently has an average rating of “Buy” and an average price target of $128.20.
Shares of Mastercard (NYSE MA) traded up 0.20% on Friday, hitting $131.14. 3,167,271 shares of the company traded hands. Mastercard has a 1-year low of $94.95 and a 1-year high of $132.63. The stock has a market capitalization of $139.65 billion, a price-to-earnings ratio of 32.54 and a beta of 1.17. The firm’s 50 day moving average price is $127.74 and its 200-day moving average price is $118.27.
Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, July 27th. The credit services provider reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.04 by $0.06. Mastercard had a return on equity of 74.92% and a net margin of 38.30%. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.98 billion. During the same quarter in the prior year, the company earned $0.96 EPS. The business’s revenue was up 13.3% compared to the same quarter last year. On average, equities research analysts expect that Mastercard will post $4.40 earnings per share for the current year.
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 9th. Stockholders of record on Friday, July 7th were given a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 0.67%. The ex-dividend date of this dividend was Wednesday, July 5th. Mastercard’s payout ratio is 21.78%.
In other news, CFO Martina Hundmejean sold 91,107 shares of the stock in a transaction on 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 owns 170,570 shares of the company’s stock, valued at approximately $22,138,280.30. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Foundation Mastercard sold 87,623 shares of the stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $129.34, for a total value of $11,333,158.82. Following the transaction, the insider now directly owns 112,240,179 shares in the company, valued at approximately $14,517,144,751.86. The disclosure for this sale can be found here. Insiders have sold a total of 850,468 shares of company stock worth $109,574,694 in the last three months. Corporate insiders own 0.30% of the company’s stock.
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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