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Burr Financial Services cut its Mastercard stake by 9.4% in Q2, now holding 768 shares worth $432,000.
Burr Financial Services LLC reduced its Mastercard stake by 9.4% in Q2, now holding 768 shares worth $432,000, making it the firm’s 21st largest holding.
Mastercard reported strong Q2 results with $8.13 billion in revenue and $4.15 EPS, beating estimates, and saw a 16.8% year-over-year revenue increase.
The company maintains a 200.01% return on equity and a 44.93% net margin.
Other firms like Lifestyle Asset Management increased their positions, while Byrne Asset Management and Pacific Capital Wealth Advisors reduced theirs.
Mastercard continues to trade around $583, with a moderate buy rating and a $626.54 average price target.
Burr Financial Services redujo su participación en Mastercard en un 9.4% en el segundo trimestre, ahora tiene 768 acciones por valor de $432,000.