Mastercard Incorporated (NYSE:MA) is Vontobel Holding Ltd.'s 4th Largest Position

Vontobel Holding Ltd. decreased its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 4.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,947,699 shares of the credit services provider's stock after selling 93,569 shares during the period. Mastercard makes up 3.1% of Vontobel Holding Ltd.'s portfolio, making the stock its 4th biggest position. Vontobel Holding Ltd. owned 0.21% of Mastercard worth $961,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Banque Cantonale Vaudoise boosted its position in Mastercard by 6.9% during the 1st quarter. Banque Cantonale Vaudoise now owns 41,250 shares of the credit services provider's stock valued at $19,865,000 after purchasing an additional 2,676 shares during the period. First Trust Direct Indexing L.P. grew its holdings in Mastercard by 14.2% during the first quarter. First Trust Direct Indexing L.P. now owns 20,552 shares of the credit services provider's stock worth $9,897,000 after acquiring an additional 2,556 shares during the period. Coppell Advisory Solutions Corp. bought a new stake in shares of Mastercard in the 1st quarter worth approximately $608,000. SteelPeak Wealth LLC boosted its stake in shares of Mastercard by 48.6% during the 2nd quarter. SteelPeak Wealth LLC now owns 4,928 shares of the credit services provider's stock worth $2,174,000 after acquiring an additional 1,612 shares in the last quarter. Finally, Sarasin & Partners LLP increased its stake in Mastercard by 2.2% in the 1st quarter. Sarasin & Partners LLP now owns 734,881 shares of the credit services provider's stock worth $353,897,000 after purchasing an additional 15,756 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Price Performance

NYSE MA traded up $6.84 during trading hours on Wednesday, reaching $514.07. 2,790,162 shares of the stock traded hands, compared to its average volume of 2,442,325. Mastercard Incorporated has a 1 year low of $359.77 and a 1 year high of $515.40. The company has a market cap of $477.89 billion, a price-to-earnings ratio of 40.40, a price-to-earnings-growth ratio of 2.22 and a beta of 1.10. The stock has a 50 day simple moving average of $483.26 and a two-hundred day simple moving average of $463.24. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.14 and a quick ratio of 1.14.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings results on Wednesday, July 31st. The credit services provider reported $3.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.08. Mastercard had a net margin of 46.45% and a return on equity of 179.78%. The company had revenue of $6.96 billion for the quarter, compared to analysts' expectations of $6.85 billion. On average, analysts predict that Mastercard Incorporated will post 14.3 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 8th. Stockholders of record on Wednesday, October 9th will be paid a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 0.51%. The ex-dividend date of this dividend is Wednesday, October 9th. Mastercard's dividend payout ratio (DPR) is presently 20.99%.

Analyst Ratings Changes

A number of equities research analysts have commented on MA shares. William Blair upgraded Mastercard to a "strong-buy" rating in a research report on Wednesday, July 31st. Citigroup upped their price target on Mastercard from $528.00 to $538.00 and gave the stock a "buy" rating in a report on Thursday, August 1st. Compass Point initiated coverage on Mastercard in a research report on Wednesday, September 4th. They issued a "neutral" rating and a $525.00 price objective for the company. JPMorgan Chase & Co. upped their target price on shares of Mastercard from $500.00 to $570.00 and gave the company an "overweight" rating in a research note on Tuesday, August 20th. Finally, Argus upgraded Mastercard to a "strong-buy" rating in a research note on Thursday, August 1st. Four analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $524.64.

Insider Activity

In other news, major shareholder Foundation Mastercard sold 119,000 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $468.46, for a total transaction of $55,746,740.00. Following the completion of the transaction, the insider now directly owns 92,033,308 shares in the company, valued at approximately $43,113,923,465.68. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, major shareholder Foundation Mastercard sold 119,000 shares of the business's stock in a transaction dated Friday, August 16th. The shares were sold at an average price of $468.46, for a total value of $55,746,740.00. Following the completion of the sale, the insider now owns 92,033,308 shares in the company, valued at approximately $43,113,923,465.68. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO J. Mehra Sachin sold 13,439 shares of Mastercard stock in a transaction on Monday, August 5th. The stock was sold at an average price of $455.00, for a total transaction of $6,114,745.00. Following the completion of the transaction, the chief financial officer now directly owns 27,304 shares in the company, valued at $12,423,320. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 340,809 shares of company stock valued at $159,610,703 in the last ninety days. Corporate insiders own 0.10% of the company's stock.

Mastercard Company 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.