What’s Next for Mastercard Inc After Today’s Bullish Options Activity?

 What's Next for Mastercard Inc After Today's Bullish Options Activity?

In today’s session Mastercard Inc (MA) registered an unusually high (539) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious MA increase. With 539 contracts traded and 77974 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: MA170120C00100000 closed last at: $4.65 or 8.8% down. About 1.04M shares traded hands. Mastercard Inc (NYSE:MA) has risen 13.51% since March 14, 2016 and is uptrending. It has outperformed by 7.90% the S&P500.

Analysts await Mastercard Inc (NYSE:MA) to report earnings on November, 3. They expect $0.96 EPS, up 5.49% or $0.05 from last year’s $0.91 per share. MA’s profit will be $1.06 billion for 26.29 P/E if the $0.96 EPS becomes a reality. After $0.96 actual EPS reported by Mastercard Inc for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Mastercard Inc (NYSE:MA) Ratings Coverage

Out of 15 analysts covering Mastercard Incorporated (NYSE:MA), 10 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 67% are positive. Mastercard Incorporated has been the topic of 27 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Compass Point on Friday, April 15. The firm has “Overweight” rating given on Thursday, December 31 by Piper Jaffray. The company was maintained on Tuesday, August 25 by Jefferies. The firm has “Overweight” rating by JP Morgan given on Friday, August 14. Citigroup maintained the stock with “Buy” rating in Friday, April 29 report. S&P Research maintained it with “Buy” rating and $103 target price in Friday, July 31 report. UBS initiated Mastercard Inc (NYSE:MA) rating on Wednesday, December 16. UBS has “Buy” rating and $112 price target. Sterne Agee CRT initiated the shares of MA in a report on Thursday, December 17 with “Buy” rating. The firm earned “Buy” rating on Monday, September 7 by Evercore. The firm has “Neutral” rating by Wedbush given on Friday, April 29.

According to Zacks Investment Research, “MASTERCARD INCORPORATED advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. 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. Its family of brands include MasterCard, Maestro and Cirrus.”

Insitutional Activity: The institutional sentiment decreased to 0.89 in Q2 2016. Its down 0.16, from 1.05 in 2016Q1. The ratio dropped, as 65 funds sold all Mastercard Inc shares owned while 451 reduced positions. 86 funds bought stakes while 375 increased positions. They now own 800.46 million shares or 4.95% less from 842.14 million shares in 2016Q1.
Nine Chapters Cap Management Ltd Liability Com owns 4,300 shares or 7.93% of their US portfolio. Tower Research Limited (Trc) holds 0.3% of its portfolio in Mastercard Inc (NYSE:MA) for 35,324 shares. Carret Asset Mgmt Limited Liability Co holds 0.29% or 17,160 shares in its portfolio. Gam Ag holds 271,240 shares or 0.37% of its portfolio. Independence Trust Co has 2,673 shares for 0.36% of their US portfolio. Schwartz Investment Counsel Inc has invested 0.69% of its portfolio in Mastercard Inc (NYSE:MA). Envestnet Asset Mgmt last reported 0.12% of its portfolio in the stock. Employees Retirement System Of Texas accumulated 259,500 shares or 0.31% of the stock. East Coast Asset Ltd Liability Corp holds 4.25% or 88,329 shares in its portfolio. Massachusetts Finance Serv Ma has invested 0.43% of its portfolio in Mastercard Inc (NYSE:MA). The West Virginia-based Wesbanco Natl Bank has invested 0.96% in Mastercard Inc (NYSE:MA). Norman Fields Gottscho Mngmt Limited Liability holds 1.22% or 19,850 shares in its portfolio. Stevens Cap Management Limited Partnership last reported 77,501 shares in the company. Olstein Cap Mgmt Lp has 56,000 shares for 0.67% of their US portfolio. Wagner Bowman Management accumulated 5,915 shares or 0.2% of the stock.

Insider Transactions: Since May 2, 2016, the stock had 0 insider purchases, and 16 selling transactions for $94.84 million net activity. The insider FORSTER ANDREA L sold $1.31M. Shares for $8.00 million were sold by MasterCard Foundation on Tuesday, August 2. $581,959 worth of Mastercard Inc (NYSE:MA) shares were sold by Reeg Robert. $508,909 worth of Mastercard Inc (NYSE:MA) shares were sold by Haythornthwaite Richard. Cairns Ann had sold 26,630 shares worth $2.71 million on Tuesday, October 4. 94,345 Mastercard Inc (NYSE:MA) shares with value of $9.13 million were sold by HUNDMEJEAN MARTINA. BANGA AJAY also sold $16.99M worth of Mastercard Inc (NYSE:MA) shares.

MasterCard Incorporated is a technology firm that connects consumers, financial institutions, merchants, governments and businesses across the world. The company has a market cap of $111.07 billion. The Firm operates through payment solutions segment. It has a 29.65 P/E ratio. The Firm allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus.

MA Company Profile

MasterCard Incorporated, incorporated on May 9, 2001, is a technology firm that connects consumers, financial institutions, merchants, governments and businesses across the world. The Firm operates through payment solutions segment. The Firm allows user to make payments by a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. The Company’s offerings include loyalty and reward programs, information services and consulting.

Another recent and important Mastercard Inc (NYSE:MA) news was published by Seekingalpha.com which published an article titled: “Is MasterCard Inc. Worth The Premium Price Tag?” on October 14, 2016.

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