Reaffirmed: Mastercard (NYSE:MA) “Buy” Rating Kept by Analysts at Bernstein; $166.0 Target in Place

January 19, 2018 - By Hazel Jackson

 Reaffirmed: Mastercard (NYSE:MA)

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.01, from 0.88 in 2017Q2. It increased, as 39 investors sold Mastercard Incorporated shares while 488 reduced holdings. 103 funds opened positions while 367 raised stakes. 779.91 million shares or 1.33% less from 790.40 million shares in 2017Q2 were reported.

Tiaa Cref Investment Mgmt Ltd Company holds 0.62% or 6.47M shares in its portfolio. Alta Capital Mgmt Ltd Limited Liability Company owns 356,316 shares or 3.25% of their US portfolio. Aviance Capital Prtnrs Limited Liability Corp reported 0.32% of its portfolio in Mastercard Incorporated (NYSE:MA). Prudential Public Ltd Co holds 0.74% of its portfolio in Mastercard Incorporated (NYSE:MA) for 1.67 million shares. Old Second Bankshares Of Aurora reported 26,739 shares or 1.57% of all its holdings. Geller Family Office Ltd Liability Co invested 0.35% in Mastercard Incorporated (NYSE:MA). Raymond James Trust Na holds 14,510 shares or 0.15% of its portfolio. Spirit Of America Management Ny invested in 0.11% or 7,500 shares. Waverton Investment Mngmt owns 10,070 shares or 0.09% of their US portfolio. Schaper Benz And Wise Investment Counsel Inc Wi invested in 0.04% or 1,700 shares. Weitz Invest Mgmt has invested 4.12% in Mastercard Incorporated (NYSE:MA). Howland Mgmt Ltd Liability has 0.05% invested in Mastercard Incorporated (NYSE:MA). Blue Financial holds 1.81% of its portfolio in Mastercard Incorporated (NYSE:MA) for 20,860 shares. Blume Cap Mgmt Inc has invested 0.03% of its portfolio in Mastercard Incorporated (NYSE:MA). Cetera Advisor Networks Ltd Company, a California-based fund reported 9,172 shares.

Since July 31, 2017, it had 0 buys, and 8 selling transactions for $48.22 million activity. Mastercard Foundation also sold $11.33M worth of Mastercard Incorporated (NYSE:MA) shares. Haythornthwaite Richard had sold 5,000 shares worth $712,540 on Monday, October 2. The insider HUNDMEJEAN MARTINA sold 91,107 shares worth $11.83 million. McLaughlin Edward Grunde had sold 17,167 shares worth $2.61M on Tuesday, January 2. Fraccaro Michael also sold $856,027 worth of Mastercard Incorporated (NYSE:MA) on Thursday, October 12.

Mastercard (NYSE:MA) Rating Reaffirmed

Mastercard (NYSE:MA) just had their share rating of a ‘”Buy”‘ issued by research analysts at Bernstein, who now has a $166.0 price target on the $175.24B market cap company or a 0.28 % upside potential. This key information was revealed to investors in a research report on Monday morning.

Investors sentiment increased to 0.89 in Q3 2017. Its up 0.01, from 0.88 in 2017Q2. It increased, as 39 investors sold Mastercard Incorporated shares while 488 reduced holdings. 103 funds opened positions while 367 raised stakes. 779.91 million shares or 1.33% less from 790.40 million shares in 2017Q2 were reported.

Tiaa Cref Investment Mgmt Ltd Company holds 0.62% or 6.47M shares in its portfolio. Alta Capital Mgmt Ltd Limited Liability Company owns 356,316 shares or 3.25% of their US portfolio. Aviance Capital Prtnrs Limited Liability Corp reported 0.32% of its portfolio in Mastercard Incorporated (NYSE:MA). Prudential Public Ltd Co holds 0.74% of its portfolio in Mastercard Incorporated (NYSE:MA) for 1.67 million shares. Old Second Bankshares Of Aurora reported 26,739 shares or 1.57% of all its holdings. Geller Family Office Ltd Liability Co invested 0.35% in Mastercard Incorporated (NYSE:MA). Raymond James Trust Na holds 14,510 shares or 0.15% of its portfolio. Spirit Of America Management Ny invested in 0.11% or 7,500 shares. Waverton Investment Mngmt owns 10,070 shares or 0.09% of their US portfolio. Schaper Benz And Wise Investment Counsel Inc Wi invested in 0.04% or 1,700 shares. Weitz Invest Mgmt has invested 4.12% in Mastercard Incorporated (NYSE:MA). Howland Mgmt Ltd Liability has 0.05% invested in Mastercard Incorporated (NYSE:MA). Blue Financial holds 1.81% of its portfolio in Mastercard Incorporated (NYSE:MA) for 20,860 shares. Blume Cap Mgmt Inc has invested 0.03% of its portfolio in Mastercard Incorporated (NYSE:MA). Cetera Advisor Networks Ltd Company, a California-based fund reported 9,172 shares.

Since July 31, 2017, it had 0 buys, and 8 selling transactions for $48.22 million activity. Mastercard Foundation also sold $11.33M worth of Mastercard Incorporated (NYSE:MA) shares. Haythornthwaite Richard had sold 5,000 shares worth $712,540 on Monday, October 2. The insider HUNDMEJEAN MARTINA sold 91,107 shares worth $11.83 million. McLaughlin Edward Grunde had sold 17,167 shares worth $2.61M on Tuesday, January 2. Fraccaro Michael also sold $856,027 worth of Mastercard Incorporated (NYSE:MA) on Thursday, October 12.

Mastercard Incorporated (NYSE:MA) Ratings Coverage

Among 37 analysts covering Mastercard Incorporated (NYSE:MA), 34 have Buy rating, 0 Sell and 3 Hold. Therefore 92% are positive. Mastercard Incorporated has $180.0 highest and $29 lowest target. $145.52’s average target is -12.09% below currents $165.53 stock price. Mastercard Incorporated had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, July 27 by Oppenheimer. The stock has “Buy” rating by Oppenheimer on Tuesday, July 18. The firm has “Outperform” rating given on Wednesday, November 1 by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Wednesday, February 1 with “Top Pick”. Wedbush maintained the shares of MA in report on Friday, October 30 with “Neutral” rating. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, July 28 report. The firm has “Buy” rating given on Monday, August 31 by Vetr. The rating was maintained by Cowen & Co with “Buy” on Thursday, July 27. The stock has “Buy” rating by Wedbush on Wednesday, September 6. The firm has “Buy” rating by Robert W. Baird given on Monday, October 16.

The stock increased 0.03% or $0.05 during the last trading session, reaching $165.53. About 1.35M shares traded. Mastercard Incorporated (NYSE:MA) has risen 24.16% since January 19, 2017 and is uptrending. It has outperformed by 7.46% the S&P500.

Analysts await Mastercard Incorporated (NYSE:MA) to report earnings on January, 30. They expect $1.12 earnings per share, up 30.23 % or $0.26 from last year’s $0.86 per share. MA’s profit will be $1.19B for 36.95 P/E if the $1.12 EPS becomes a reality. After $1.34 actual earnings per share reported by Mastercard Incorporated for the previous quarter, Wall Street now forecasts -16.42 % negative EPS growth.

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related services and products in the United States and internationally. The company has market cap of $175.24 billion. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related services and products. It has a 38.62 P/E ratio. The firm also offers value-added services, such as loyalty and reward programs, information and consulting services, issuer and acquirer processing solutions, and payment and mobile gateways.

More important recent Mastercard Incorporated (NYSE:MA) news were published by: Fool.com which released: “How Recent Acquisitions Are Powering Mastercard’s Growth” on December 27, 2017, also Nasdaq.com published article titled: “Mastercard Reaches Analyst Target Price”, Seekingalpha.com published: “Answer To The Criticism On Mastercard And Visa Thesis” on December 21, 2017. More interesting news about Mastercard Incorporated (NYSE:MA) was released by: Nasdaq.com and their article: “Mastercard Incorporated (MA) Ex-Dividend Date Scheduled for January 08, 2018” with publication date: January 05, 2018.

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