Mastercard Inc Unusual Bullish Options Activity Means Profits for Traders

 Mastercard Inc Unusual Bullish Options Activity Means Profits for Traders

In today’s session Mastercard Inc (MA) registered an unusually high (171) 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 171 contracts traded and 15694 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: MA170120C00115000 closed last at: $0.14 or 51.7% down. About 937,384 shares traded hands. Mastercard Inc (NYSE:MA) has risen 5.53% since April 27, 2016 and is uptrending. It has outperformed by 0.30% the S&P500.

Analysts await Mastercard Inc (NYSE:MA) to report earnings on February, 3. They expect $0.85 earnings per share, up 7.59% or $0.06 from last year’s $0.79 per share. MA’s profit will be $930.32M for 30.19 P/E if the $0.85 EPS becomes a reality. After $1.08 actual earnings per share reported by Mastercard Inc for the previous quarter, Wall Street now forecasts -21.30% negative EPS growth.

Mastercard Inc (NYSE:MA) Ratings Coverage

Out of 16 analysts covering Mastercard Incorporated (NYSE:MA), 9 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 56% are positive. $124 is the highest target while $35 is the lowest. The $103.80 average target is 1.12% above today’s ($102.65) stock price. Mastercard Incorporated has been the topic of 32 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Mastercard Inc (NYSE:MA) has “Neutral” rating given on Friday, October 30 by Wedbush. Jefferies maintained the stock with “Buy” rating in Tuesday, August 25 report. RBC Capital Markets maintained it with “Outperform” rating and $115 target price in Monday, October 31 report. The firm earned “Overweight” rating on Thursday, December 31 by Piper Jaffray. The rating was maintained by Barclays Capital on Thursday, October 20 with “Equal-Weight”. FBR Capital maintained the shares of MA in a report on Thursday, July 30 with “Mkt Perform” rating. The stock of Mastercard Inc (NYSE:MA) earned “Neutral” rating by Wedbush on Friday, April 29. On Thursday, February 11 the stock rating was downgraded by Bank of America to “Neutral”. The firm earned “Buy” rating on Thursday, December 17 by Sterne Agee CRT. Guggenheim downgraded Mastercard Inc (NYSE:MA) on Tuesday, November 1 to “Neutral” rating.

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 increased to 0.98 in Q2 2016. Its up 0.09, from 0.89 in 2016Q1. The ratio increased, 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.
Chickasaw Capital Management Ltd Liability Corporation holds 0.01% of its portfolio in Mastercard Inc (NYSE:MA) for 6,555 shares. Davis Prtnrs Limited Liability Company has 125,000 shares for 1.91% of their US portfolio. Alta Cap Management Llc owns 550,296 shares or 2.99% of their US portfolio. First Interstate Natl Bank has 1,680 shares for 0.03% of their US portfolio. Hsbc Public Limited Company owns 1.05 million shares or 0.25% of their US portfolio. The New York-based Laurion L P has invested 0.03% in Mastercard Inc (NYSE:MA). Appleton Ma last reported 5,965 shares in the company. Moreover, Whittier has 0.11% invested in Mastercard Inc (NYSE:MA) for 28,606 shares. Diam Ltd holds 167,089 shares or 0.23% of its portfolio. Meiji Yasuda Asset Management Limited last reported 0.33% of its portfolio in the stock. Pinnacle Associate Limited reported 6,686 shares or 0.01% of all its holdings. Beacon Tru last reported 0.9% of its portfolio in the stock. Retail Bank Hapoalim Bm holds 0.25% or 11,950 shares in its portfolio. Night Owl Capital Mngmt Lc has invested 11.26% of its portfolio in Mastercard Inc (NYSE:MA). Trexquant Investment L P last reported 21,100 shares in the company.

Insider Transactions: Since July 14, 2016, the stock had 0 buys, and 22 sales for $119.73 million net activity. Barzi Silvio sold 9,600 shares worth $926,071. On Tuesday, July 19 MasterCard Foundation sold $7.78M worth of the stock or 84,000 shares. Fraccaro Michael also sold $258,913 worth of Mastercard Inc (NYSE:MA) shares. HUNDMEJEAN MARTINA also sold $9.13 million worth of Mastercard Inc (NYSE:MA) on Monday, August 8. Vosburg Craig sold $1.69 million worth of Mastercard Inc (NYSE:MA) on Monday, October 31. Shares for $628,874 were sold by Reeg Robert on Wednesday, November 2. Shares for $2.71 million were sold by Cairns Ann on Tuesday, October 4.

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 $112.35 billion. The Firm operates through payment solutions segment. It has a 28.36 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 Bloomberg.com which published an article titled: “Mastercard, Visa Set to Reap Spoils of India’s War on Cash” on November 23, 2016.

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