Mastercard Incorporated (NYSE:MA) Stock Holdings Lifted by Parthenon LLC

Parthenon LLC raised its stake in Mastercard Incorporated (NYSE:MA) by 9.1% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 947 shares of the credit services provider’s stock after buying an additional 79 shares during the period. Parthenon LLC’s holdings in Mastercard were worth $404,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Cypress Wealth Services LLC increased its holdings in shares of Mastercard by 2.9% in the fourth quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock valued at $369,000 after purchasing an additional 24 shares in the last quarter. Syntegra Private Wealth Group LLC boosted its stake in Mastercard by 1.2% in the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock valued at $851,000 after acquiring an additional 24 shares during the last quarter. TRUE Private Wealth Advisors boosted its stake in Mastercard by 2.4% in the fourth quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock valued at $442,000 after acquiring an additional 24 shares during the last quarter. Indiana Trust & Investment Management CO boosted its stake in Mastercard by 4.4% in the fourth quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock valued at $255,000 after acquiring an additional 25 shares during the last quarter. Finally, Tufton Capital Management boosted its stake in Mastercard by 4.5% in the fourth quarter. Tufton Capital Management now owns 604 shares of the credit services provider’s stock valued at $258,000 after acquiring an additional 26 shares during the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Performance

Shares of Mastercard stock traded down $5.91 during trading on Tuesday, hitting $451.19. 2,696,679 shares of the stock were exchanged, compared to its average volume of 2,410,313. The stock has a market capitalization of $420.91 billion, a price-to-earnings ratio of 38.14, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08. The company has a fifty day moving average price of $471.12 and a 200-day moving average price of $437.38. Mastercard Incorporated has a 1-year low of $357.85 and a 1-year high of $490.00. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.06.

Mastercard (NYSE:MA) last released its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.10. The company had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.46 billion. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. During the same period in the previous year, the business earned $2.65 EPS. As a group, equities analysts predict that Mastercard Incorporated will post 14.35 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be paid a dividend of $0.66 per share. The ex-dividend date is Monday, April 8th. This represents a $2.64 annualized dividend and a dividend yield of 0.59%. Mastercard’s dividend payout ratio is presently 22.32%.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Susquehanna reaffirmed a “positive” rating and issued a $535.00 price objective on shares of Mastercard in a research note on Wednesday, April 3rd. JPMorgan Chase & Co. lifted their price target on shares of Mastercard from $504.00 to $520.00 and gave the stock an “overweight” rating in a research report on Monday, April 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $510.00 price objective on shares of Mastercard in a research report on Thursday, February 1st. BMO Capital Markets boosted their price objective on shares of Mastercard from $480.00 to $490.00 and gave the company an “outperform” rating in a research report on Thursday, February 1st. Finally, Wells Fargo & Company boosted their price objective on shares of Mastercard from $490.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, March 6th. Two equities research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $490.23.

Insider Transactions at Mastercard

In related news, major shareholder Foundation Mastercard sold 200 shares of the company’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $487.25, for a total value of $97,450.00. Following the transaction, the insider now owns 97,543,308 shares in the company, valued at approximately $47,527,976,823. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. In other Mastercard news, CEO Michael Miebach sold 7,851 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $475.92, for a total value of $3,736,447.92. Following the completion of the sale, the chief executive officer now owns 47,640 shares of the company’s stock, valued at approximately $22,672,828.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, major shareholder Foundation Mastercard sold 200 shares of the business’s stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $487.25, for a total transaction of $97,450.00. Following the completion of the sale, the insider now directly owns 97,543,308 shares of the company’s stock, valued at approximately $47,527,976,823. The disclosure for this sale can be found here. Insiders have sold 480,630 shares of company stock worth $221,479,470 in the last ninety days. Insiders own 0.13% of the company’s stock.

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.