97.28% of Mastercard's stock owned by institutional investors, with Royal Bank of Canada raising its price objective to $526.00.
Institutional investors, including Annex Advisory Services LLC, boosted their stock holdings in Mastercard Inc. (NYSE: MA) during Q2, with 97.28% of Mastercard's stock owned by hedge funds and other institutional investors. Royal Bank of Canada raised its price objective from $500.00 to $526.00 and gave the stock an “outperform” rating, while Bank of America lowered its rating from “buy” to “neutral” and decreased their target price from $505.00 to $480.00. Mastercard's current ratio is 1.14, and it has a dividend yield of 0.58%.
August 11, 2024
3 Articles