Mastercard Incorporated (NYSE:MA) Shares Acquired by LWM Advisory Services LLC

LWM Advisory Services LLC grew its stake in Mastercard Incorporated (NYSE:MA) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,115 shares of the credit services provider’s stock after purchasing an additional 48 shares during the period. LWM Advisory Services LLC’s holdings in Mastercard were worth $475,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. LFA Lugano Financial Advisors SA purchased a new stake in shares of Mastercard in the fourth quarter valued at approximately $27,000. Criterion Capital Advisors LLC purchased a new stake in shares of Mastercard in the fourth quarter valued at approximately $33,000. Barometer Capital Management Inc. purchased a new stake in shares of Mastercard in the third quarter valued at approximately $36,000. Thomas J. Herzfeld Advisors Inc. boosted its stake in shares of Mastercard by 661.5% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 99 shares of the credit services provider’s stock valued at $39,000 after buying an additional 86 shares in the last quarter. Finally, JCIC Asset Management Inc. boosted its stake in shares of Mastercard by 34.0% in the fourth quarter. JCIC Asset Management Inc. now owns 134 shares of the credit services provider’s stock valued at $57,000 after buying an additional 34 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on MA shares. Raymond James boosted their target price on Mastercard from $452.00 to $504.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Mizuho reiterated a “buy” rating and set a $480.00 target price on shares of Mastercard in a research report on Wednesday, March 27th. Evercore ISI boosted their target price on Mastercard from $530.00 to $545.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Oppenheimer reiterated an “outperform” rating and set a $510.00 target price on shares of Mastercard in a research report on Thursday, February 1st. Finally, BMO Capital Markets boosted their target price on Mastercard from $480.00 to $490.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Two 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $490.23.

Insider Transactions at Mastercard

In other news, insider Craig Vosburg sold 13,542 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $460.06, for a total value of $6,230,132.52. Following the completion of the sale, the insider now owns 46,491 shares of the company’s stock, valued at $21,388,649.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In related news, major shareholder Foundation Mastercard sold 200 shares of the stock in a transaction dated Thursday, March 21st. The stock was sold at an average price of $487.25, for a total value of $97,450.00. Following the completion of the transaction, the insider now owns 97,543,308 shares of the company’s stock, valued at $47,527,976,823. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Craig Vosburg sold 13,542 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $460.06, for a total value of $6,230,132.52. Following the completion of the transaction, the insider now directly owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The disclosure for this sale can be found here. Insiders sold 480,630 shares of company stock valued at $221,479,470 over the last quarter. Company insiders own 0.13% of the company’s stock.

Mastercard Trading Down 1.2 %

Mastercard stock traded down $5.39 during trading on Monday, hitting $457.03. The company’s stock had a trading volume of 2,120,953 shares, compared to its average volume of 2,406,817. The stock has a market capitalization of $426.36 billion, a price-to-earnings ratio of 38.66, a P/E/G ratio of 1.76 and a beta of 1.08. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.17 and a current ratio of 1.17. The stock’s fifty day moving average is $471.35 and its 200 day moving average is $436.61. Mastercard Incorporated has a 1-year low of $357.85 and a 1-year high of $490.00.

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

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be given a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 0.58%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s payout ratio is 22.32%.

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.