Mastercard Incorporated (NYSE:MA) Holdings Decreased by WD Rutherford LLC

WD Rutherford LLC trimmed its position in Mastercard Incorporated (NYSE:MA) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,602 shares of the credit services provider’s stock after selling 115 shares during the quarter. Mastercard makes up approximately 2.3% of WD Rutherford LLC’s holdings, making the stock its 18th largest position. WD Rutherford LLC’s holdings in Mastercard were worth $3,783,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Cypress Wealth Services LLC grew its stake in 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 acquiring an additional 24 shares during the period. Syntegra Private Wealth Group LLC lifted its holdings in shares of 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 purchasing an additional 24 shares in the last quarter. TRUE Private Wealth Advisors lifted its holdings in shares of 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 purchasing an additional 24 shares in the last quarter. Indiana Trust & Investment Management CO lifted its holdings in shares of 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 purchasing an additional 25 shares in the last quarter. Finally, Tufton Capital Management lifted its holdings in shares of 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 purchasing an additional 26 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of analysts have recently commented on the company. The Goldman Sachs Group boosted their price target on Mastercard from $433.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Mizuho reiterated a “buy” rating and set a $480.00 target price on shares of Mastercard in a report on Wednesday, March 27th. Evercore ISI upped their target price on Mastercard from $530.00 to $545.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. Wells Fargo & Company upped their target price on Mastercard from $490.00 to $530.00 and gave the stock an “overweight” rating in a report on Wednesday, March 6th. Finally, TD Cowen started coverage on Mastercard in a report on Thursday, April 11th. They set a “buy” rating and a $545.00 target price on the stock. Two investment 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. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $490.23.

Mastercard Trading Up 0.1 %

Shares of NYSE:MA opened at $462.42 on Friday. The company has a market capitalization of $431.39 billion, a P/E ratio of 39.09, a P/E/G ratio of 1.75 and a beta of 1.08. Mastercard Incorporated has a 1 year low of $357.85 and a 1 year high of $490.00. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.17 and a quick ratio of 1.17. The business’s 50 day simple moving average is $471.35 and its 200 day simple moving average is $436.10.

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

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 9th will be issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s dividend payout ratio is presently 22.32%.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Craig Vosburg sold 13,542 shares of the firm’s stock in a transaction on 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 sale, the insider now owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Craig Vosburg sold 13,542 shares of the stock in a transaction on 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 transaction, the insider now directly owns 46,491 shares in the company, valued at approximately $21,388,649.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Foundation Mastercard sold 111,000 shares of the stock in a transaction on Thursday, April 18th. The shares were sold at an average price of $457.15, for a total value of $50,743,650.00. Following the completion of the transaction, the insider now owns 97,432,308 shares of the company’s stock, valued at $44,541,179,602.20. The disclosure for this sale can be found here. In the last quarter, insiders have sold 366,630 shares of company stock valued at $168,746,490. 0.13% of the stock is currently owned by corporate insiders.

Mastercard Company 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.