On Jun 27, 2018 Buckingham Reconfirms Stock “Buy” Rating on Mastercard (NYSE:MA) and $222 Target.

June 27, 2018 - By Alberta Moore

Mastercard Incorporated (NYSE:MA) Corporate Logo

Big Money Sentiment decreased to 0.86 in Q1 2018. It has change of 0.05, from 2017Q4’s 0.91. The ratio turned negative due to Mastercard Incorporated positioning: 47 sold and 533 reduced. 121 funds acquired holdings and 378 increased holdings. Investors holded 764.78 million in 2017Q4 but now own 750.68 million shares or 1.84% less.

Whittier Trust accumulated 29,873 shs. Melvin Cap L P stated it has 1.72% of its capital in Mastercard Incorporated (NYSE:MA). Gardner Lewis Asset Management L P has invested 0.88% of its capital in Mastercard Incorporated (NYSE:MA). Ajo Lp holds 0.34% of its capital in Mastercard Incorporated (NYSE:MA) for 421,578 shs. Dock Street Asset stated it has 4.15% in Mastercard Incorporated (NYSE:MA). Pictet North America Sa invested 0.39% in Mastercard Incorporated (NYSE:MA). Dorsey Whitney Trust Ltd holds 0.18% or 5,684 shs. Mcgowan Asset Mngmt Inc invested in 0.04% or 1,353 shs. Texas-based Fayez Sarofim And Com has invested 0.01% in Mastercard Incorporated (NYSE:MA). Fincl Mgmt invested 0.01% in Mastercard Incorporated (NYSE:MA). Guyasuta Inv Advsr invested 4.14% in Mastercard Incorporated (NYSE:MA). Old Mutual Customised Solutions (Proprietary) Ltd reported 49,179 shs. Cohen Steers reported 112 shs. Cap Fund Mgmt Sa holds 87,624 shs or 0.09% of its capital. Usa Portformulas holds 22,557 shs or 0.95% of its capital.

Mastercard Incorporated registered $59.23 million net activity with 0 buys and 8 selling transactions since January 2, 2018. 239,020 Mastercard Incorporated (NYSE:MA) shs with value of $44.45 million were sold by BANGA AJAY. The insider Vosburg Craig sold 17,496 shs worth $3.25 million. Fraccaro Michael also sold $741,960 worth of Mastercard Incorporated (NYSE:MA) on Monday, April 30. CARLUCCI DAVID R also sold $1.09 million worth of Mastercard Incorporated (NYSE:MA) shs. On Tuesday, January 2 McLaughlin Edward Grunde also sold $2.61 million worth of Mastercard Incorporated (NYSE:MA). 30,628 shs were sold by Murphy Timothy H, worth $5.53 million.

Reiterated Mastercard (NYSE:MA) Rating.

After Buckingham’s $222 TP was sent to investors and clients on 26 June, Mastercard (NYSE:MA) gives 12.74 % upside potential.

Mastercard Incorporated (NYSE:MA) Ratings Coverage

Total analysts of 26 have positions in Mastercard (NYSE:MA) as follows: 24 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 92%. Since December 28, 2017 according to StockzIntelligence Inc Mastercard has 42 analyst reports. In Thursday, February 1 report Mizuho maintained it with “Buy” rating and $190.0 target. On Friday, February 2 Morgan Stanley maintained Mastercard Incorporated (NYSE:MA) with “Overweight” rating. On Thursday, February 1 the company was maintained by Robert W. Baird. On Friday, May 11 the stock of Mastercard Incorporated (NYSE:MA) has “Buy” rating given by Tigress Financial. On Wednesday, April 18 the firm has “Buy” rating by Oppenheimer given. In Friday, February 2 report PiperJaffray maintained the stock with “Overweight” rating. The company rating was maintained by Bank of America on Friday, May 4. The stock rating was maintained by Susquehanna with “Buy” on Monday, April 23. On Thursday, January 4 the firm has “Buy” rating given by Mizuho. On Thursday, January 25 the firm has “Outperform” rating given by Oppenheimer.

Ticker’s shares touched $196.91 during the last trading session after 0.23% change.Currently Mastercard Incorporated is uptrending after 56.80% change in last June 27, 2017. MA has 1.15M shares volume. MA outperformed by 44.23% the S&P500.

On July, 26 WallStreet awaited Mastercard Incorporated (NYSE:MA)’s earnings report, as reported by Faxor. Analysts predict $1.54 earnings per share. That’s $0.44 up or 40.00 % from 2017’s earnings of $1.1. If $1.54 is reported, MA’s profit will be $1.61 billion for 31.97 P/E. Wall Street sees 2.67 % EPS growth as of July, 26.

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related services and products in the United States and internationally.The firm is valued at $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 brought out by Seekingalpha.com, Fool.com and 247Wallst.com. The first one has “PayPal introduces debit card for Venmo mobile app: Reuters” as a title and was brought out on June 25, 2018. The next is “Better Buy: Square Inc. vs. Mastercard” on June 26, 2018. And last was brought out 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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