Mastercard Incorporated (MA) Hits a 52-Week High

Jeannie Matthews
October 31, 2017

The company is up by 0.29% percent from yesterday's close. The stock is trading $140.86 its 50-day moving average by -8.09%. Now we look at the Moving Averages, the 200-day is 20.83%, the 50-day is 6.01% and the 20-day is 2.49%. Janus Henderson Group PLC now owns 16,870,229 shares of the credit services provider's stock valued at $2,048,899,000 after buying an additional 14,962,583 shares in the last quarter. The firm had a fall in short interest between September 15, 2017 and September 29, 2017 of -23.47%. For the long-term approach of trading or also can for short period of time, 200 days MA can also help to get idea about trading, MA has 20.67% which indicates Bullish trends and this can also make isolating trends easier.

MasterCard Incorporated (NYSE:MA) closed its last session at $148.95. Michael Fraccaro, Chief Human Resources Officer disclosed the sale of 5,800 shares of MA stock. From the opening price, the stock has seen a change of -1.01% recently clocking in with a price of $148.49. Insiders own 0.30% of the company's stock. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions and provides industry-leading analysis and consulting services to financial institution customers and merchants.

Several firms have shifted positions in (MA). Arbor Wealth Management LLC increased its position in shares of MasterCard by 0.3% in the second quarter. On October 2, 2017 Buckingham began coverage setting a rating of "Buy". The value of the position overall is up by 16.6%. Analysts expect next quarter's EPS to be $1.11 with next year's EPS anticipated to be $5.29. Aperio Group, LLC controls 526,663 shares valued at $74,365,000. The value of the investment in (MA) went from $49,023,000 to $81,264,000 increasing 65.8% for the reporting period. Korea Investment Corp cut its ownership by shedding 9,400 shares a decrease of 1.4% from 06/30/2017 to 09/30/2017. Korea Investment Corp owns 682,021 shares with a value of $96,301,000. The total value of its holdings increased 22.2%. October 18 investment analysts at Barclays maintained a stock rating of "Overweight" and raised the price target from $148.00 to $158.00.

When considering a stock buy, many investors seek to know what Wall Street analysts are saying about the company - by looking at the average analyst rating, for example.

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On October 18 Citigroup kept the company rating at "Buy" and raised the price expectation from $107.00 to $167.00. Finally, Instinet reissued a "buy" rating and issued a $163.00 price objective (up from $153.00) on shares of Mastercard in a research note on Saturday, September 9th. Piper Jaffray Companies restated an "overweight" rating and issued a $150.00 target price (up from $143.00) on shares of Mastercard in a report on Friday, September 8th.

The company recently announced a dividend for shareholders that will be paid on Thu Nov 9, 2017. On a consensus basis, analysts have given a recommendation of 1.80 on company shares. The dividend payment will be $0.220 per share for the quarter or $0.88 annualized. The ex-dividend date is Thursday the 5th of October 2017.

The company P/E (price to earnings) ratio is 37 and Forward P/E ratio is 28.18. Also, CFO Martina Hundmejean sold 91,107 shares of the firm's stock in a transaction on Wednesday, August 2nd.

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