Rating on Mastercard (NYSE:MA) is Set to “Buy”. Its Reaffirms by Buckingham with $222 Target.

June 27, 2018 - By Damon Whitfield

Mastercard Incorporated (NYSE:MA) Corporate Logo

During 2018 Q1 the big money sentiment decreased to 0.86. That’s change of 0.05, from 2017Q4’s 0.91. 47 investors sold all, 533 reduced holdings as Mastercard Incorporated ratio fall. 378 rose stakes while 121 funds took stakes. Funds hold 750.68 million shares thus 1.84% less from 2017Q4’s 764.78 million shares.

Mufg Americas Corporation owns 92,732 shs for 0.51% of their capital. Bell National Bank & Trust invested in 0.12% or 2,127 shs. Beese Fulmer Inv Mgmt Inc holds 3.1% or 80,857 shs in its capital. Columbus Hill Capital Mngmt Limited Partnership invested in 175,373 shs. New York State Common Retirement Fund reported 2.95M shs. Crestwood Advsrs Gp Limited Liability has 8,749 shs. Smith Chas P Associate Pa Cpas holds 1,297 shs or 0.03% of its capital. Caxton Associate Lp owns 5,637 shs. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Mgmt has invested 0.24% in Mastercard Incorporated (NYSE:MA). Weatherstone Management holds 0.58% or 4,351 shs in its capital. Vaughan Nelson Inv Mgmt Limited Partnership owns 0.86% invested in Mastercard Incorporated (NYSE:MA) for 399,331 shs. Moreover, Dsc Advsr Ltd Partnership has 0.21% invested in Mastercard Incorporated (NYSE:MA). South State invested in 61,722 shs. Matthew 25 Management accumulated 65,000 shs. Df Dent And Inc owns 464,496 shs.

Mastercard Incorporated had 8 insider sales and 0 insider buys since January 2, 2018. This’s net activity of $59.23 million. On Monday, April 2 Haythornthwaite Richard had sold 5,000 shs worth $866,104. McLaughlin Edward Grunde sold $2.61 million worth of Mastercard Incorporated (NYSE:MA) on Tuesday, January 2. The insider Murphy Timothy H sold 30,628 shs worth $5.53M. CARLUCCI DAVID R sold $1.09 million worth of Mastercard Incorporated (NYSE:MA) or 5,950 shs on Friday, March 9. $3.25M worth of Mastercard Incorporated (NYSE:MA) shs were sold by Vosburg Craig. 239,020 Mastercard Incorporated (NYSE:MA) shs with value of $44.45 million were sold by BANGA AJAY.

Reiterated Mastercard (NYSE:MA) Rating.

After Buckingham’s $222 price target was sent to investors on Tuesday, 26 June, Mastercard (NYSE:MA) would suggest 12.74 % upside potential.

Mastercard Incorporated (NYSE:MA) Ratings Coverage

A total of 26 analysts rate Mastercard (NYSE:MA) as follows: 24 “Buy”, 2 “Hold” and 0 “Sell”. Тherefore 92% are bullish. (NYSE:MA) has 42 ratings reports on Jun 27, 2018 according to StockzIntelligence. On Wednesday, May 2 the firm has “Buy” rating by Oppenheimer given. On Thursday, January 4 the firm has “Outperform” rating by RBC Capital Markets given. On Thursday, February 1 the stock of Mastercard Incorporated (NYSE:MA) earned “Buy” rating by Robert W. Baird. The stock rating was maintained by Wells Fargo with “Buy” on Thursday, March 29. On Thursday, February 1 the firm has “Buy” rating given by Piper Jaffray. On Tuesday, January 9 the rating was maintained by Wells Fargo with “Buy”. The stock rating was maintained by Oppenheimer with “Outperform” on Thursday, January 25. On Thursday, February 1 the stock of Mastercard Incorporated (NYSE:MA) earned “Hold” rating by Sandler O’Neill. In Thursday, January 18 report Piper Jaffray maintained the stock with “Buy” rating. In Thursday, May 17 report UBS initiated the stock with “Hold” rating.

MA hit $196.91 during the last trading session after $0.45 change.Mastercard Incorporated has volume of 1.15M shares. Since June 27, 2017 MA has risen 56.80% and is uptrending. MA outperformed by 44.23% the S&P500.

Earnings report for Mastercard Incorporated (NYSE:MA) is awaited on July, 26., as reported by Faxor. Last year’s EPS was $1.1, while now analysts expect change of 40.00 % up from current $1.54 EPS. If EPS of $1.54 is announced the profit of MA could be $1.61B giving it 31.97 P/E. Analysts at Wall Street see Mastercard Incorporated’s 2.67 % EPS growth compared to $1.50 EPS for last quarter.

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related services and products in the United States and internationally.The firm is worth $205.57 billion. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related services and products.48.56 is the P/E ratio. The firm also offers value-added services, such as safety and security products, loyalty and reward programs, information and consulting services, issuer and acquirer processing solutions, and payment and mobile gateways.

More recent Mastercard Incorporated (NYSE:MA) news were released by Fool.com, Seekingalpha.com and 247Wallst.com. The first one has “Better Buy: Square Inc. vs. Mastercard” as a title and was released on June 26, 2018. The next is “PayPal introduces debit card for Venmo mobile app: Reuters” on June 25, 2018. And last was released on June 26, 2018, called “Will Amazon Deal Drive American Express Volume Past Mastercard?”.

Mastercard Incorporated (NYSE:MA) Institutional Investors Chart

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