Could Mastercard Inc Decline After Today’s Tip From Option Traders?

 Could Mastercard Inc Decline After Today's Tip From Option Traders?

In today’s session Mastercard Inc (MA) registered an unusually high (1,863) 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 1,863 contracts traded and 149864 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: MA170120C00110000 closed last at: $1.2 or 6.2% up. About 1.84M shares traded hands. Mastercard Inc (NYSE:MA) has risen 15.22% since March 29, 2016 and is uptrending. It has outperformed by 11.74% 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 $1.09 billion for 28.00 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 16 analysts covering Mastercard Incorporated (NYSE:MA), 10 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 63% are positive. $124 is the highest target while $35 is the lowest. The $103.80 average target is -3.46% below today’s ($107.52) stock price. Mastercard Incorporated has been the topic of 31 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Thursday, February 11 by Bank of America. The stock of Mastercard Inc (NYSE:MA) earned “Neutral” rating by Compass Point on Monday, October 31. As per Wednesday, September 30, the company rating was initiated by Cowen & Co. On Thursday, October 20 the stock rating was maintained by Barclays Capital with “Equal-Weight”. The firm has “Outperform” rating by RBC Capital Markets given on Friday, October 30. Compass Point initiated the stock with “Neutral” rating in Friday, April 15 report. The rating was downgraded by Vetr to “Buy” on Monday, August 31. Jefferies maintained the shares of MA in a report on Tuesday, August 25 with “Buy” rating. Citigroup maintained the stock with “Buy” rating in Friday, September 11 report. The stock of Mastercard Inc (NYSE:MA) has “Hold” rating given on Friday, October 30 by S&P Research.

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 2016 Q2. Its down 0.16, from 1.05 in 2016Q1. The ratio dived, 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.
Legal & General Gru Plc holds 4.22 million shares or 0.39% of its portfolio. Community Bank Na owns 205 shares or 0% of their US portfolio. Capital Advisory Services, a Massachusetts-based fund reported 84,527 shares. Teachers Advisors holds 2.24 million shares or 0.34% of its portfolio. Papp L Roy And Associates reported 33,959 shares or 0.71% of all its holdings. Moreover, Williams Jones Limited Liability Company has 0.01% invested in Mastercard Inc (NYSE:MA) for 3,584 shares. Spot Trading Limited Liability Company, a Illinois-based fund reported 26,898 shares. Olstein Mgmt L P reported 56,000 shares or 0.67% of all its holdings. Washington Bancorp owns 10,335 shares or 0.24% of their US portfolio. Great West Life Assurance Can last reported 0.3% of its portfolio in the stock. Sarasin And Prtn Limited Liability Partnership, a United Kingdom-based fund reported 2.15M shares. Mu owns 1,540 shares or 0.1% of their US portfolio. Dg Cap Management last reported 3.47% of its portfolio in the stock. Atlanta Mngmt L L C has invested 0.45% of its portfolio in Mastercard Inc (NYSE:MA). Guyasuta Invest Advisors has 240,461 shares for 2.83% of their US portfolio.

Insider Transactions: Since May 2, 2016, the stock had 0 insider buys, and 15 selling transactions for $75.63 million net activity. MasterCard Foundation sold $7.78M worth of stock. Haythornthwaite Richard sold $508,909 worth of stock. HUNDMEJEAN MARTINA sold $9.13 million worth of stock. $16.99M worth of Mastercard Inc (NYSE:MA) was sold by BANGA AJAY on Tuesday, May 3. FORSTER ANDREA L also sold $1.31 million worth of Mastercard Inc (NYSE:MA) shares. 9,600 Mastercard Inc (NYSE:MA) shares with value of $926,071 were sold by Barzi Silvio. Fraccaro Michael had sold 2,514 shares worth $258,913.

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 $121.79 billion. The Firm operates through payment solutions segment. It has a 29.71 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.

More recent Mastercard Inc (NYSE:MA) news were published by: Reuters.com which released: “BRIEF-Mastercard Inc Q3 earnings per share $1.08 excluding items” on October 28, 2016. Also Businessinsider.com published the news titled: “Higher consumer spending propels Mastercard to earnings beat” on October 28, 2016. Seekingalpha.com‘s news article titled: “Is MasterCard Inc. Worth The Premium Price Tag?” with publication date: October 14, 2016 was also an interesting one.

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