Mastercard Incorporated (NYSE:MA) Stock Holdings Decreased by Kampmann Melissa S.

Kampmann Melissa S. reduced its stake in Mastercard Incorporated (NYSE:MA) by 8.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,300 shares of the credit services provider’s stock after selling 775 shares during the quarter. Mastercard accounts for 3.4% of Kampmann Melissa S.’s investment portfolio, making the stock its 9th biggest holding. Kampmann Melissa S.’s holdings in Mastercard were worth $4,371,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Temasek Holdings Private Ltd boosted its stake in shares of Mastercard by 2.3% in the third quarter. Temasek Holdings Private Ltd now owns 2,805,554 shares of the credit services provider’s stock valued at $1,385,383,000 after buying an additional 62,891 shares in the last quarter. Cardano Risk Management B.V. boosted its stake in shares of Mastercard by 2.7% in the fourth quarter. Cardano Risk Management B.V. now owns 368,690 shares of the credit services provider’s stock valued at $194,141,000 after buying an additional 9,611 shares in the last quarter. Dock Street Asset Management Inc. boosted its stake in shares of Mastercard by 4.5% in the fourth quarter. Dock Street Asset Management Inc. now owns 68,237 shares of the credit services provider’s stock valued at $35,932,000 after buying an additional 2,931 shares in the last quarter. Nordea Investment Management AB boosted its stake in shares of Mastercard by 15.6% in the fourth quarter. Nordea Investment Management AB now owns 2,510,756 shares of the credit services provider’s stock valued at $1,325,353,000 after buying an additional 337,905 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Mastercard by 2.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 5,010,430 shares of the credit services provider’s stock valued at $2,474,151,000 after buying an additional 100,550 shares in the last quarter. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Mastercard Price Performance

MA stock opened at $535.93 on Thursday. The stock has a 50-day moving average price of $546.56 and a two-hundred day moving average price of $523.92. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $582.23. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. The company has a market cap of $488.61 billion, a PE ratio of 38.58, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. As a group, research analysts predict that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard announced that its board has initiated a share buyback plan on Tuesday, December 17th that permits the company to buyback $12.00 billion in shares. This buyback authorization permits the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s dividend payout ratio (DPR) is presently 21.89%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Jefferies Financial Group lifted their price objective on Mastercard from $590.00 to $610.00 and gave the stock a “buy” rating in a report on Monday, December 9th. Monness Crespi & Hardt raised Mastercard from a “neutral” rating to a “buy” rating and set a $640.00 price objective for the company in a report on Friday, January 31st. Barclays lifted their price objective on Mastercard from $595.00 to $650.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Oppenheimer reduced their price objective on Mastercard from $591.00 to $588.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Finally, KeyCorp lifted their price objective on Mastercard from $600.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Four research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, Mastercard currently has a consensus rating of “Moderate Buy” and a consensus target price of $606.11.

Mastercard Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.