Human Investing LLC Makes New Investment in Mastercard Incorporated (NYSE:MA)

Human Investing LLC purchased a new stake in shares of Mastercard Incorporated (NYSE:MA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 213 shares of the credit services provider’s stock, valued at approximately $112,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Highline Wealth Partners LLC purchased a new stake in shares of Mastercard in the 3rd quarter worth $25,000. First Personal Financial Services purchased a new stake in shares of Mastercard in the 3rd quarter worth $39,000. FSA Wealth Management LLC purchased a new stake in shares of Mastercard in the 3rd quarter worth $54,000. Raelipskie Partnership increased its stake in shares of Mastercard by 120.0% in the 3rd quarter. Raelipskie Partnership now owns 110 shares of the credit services provider’s stock worth $54,000 after purchasing an additional 60 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of Mastercard in the 3rd quarter worth $55,000. 97.28% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

MA has been the subject of a number of research analyst reports. Piper Sandler restated an “overweight” rating and set a $635.00 price objective (up previously from $591.00) on shares of Mastercard in a research report on Friday, January 31st. Keefe, Bruyette & Woods raised their price objective on Mastercard from $618.00 to $665.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. William Blair reaffirmed an “outperform” rating on shares of Mastercard in a report on Friday, January 31st. Jefferies Financial Group increased their price target on shares of Mastercard from $590.00 to $610.00 and gave the company a “buy” rating in a report on Monday, December 9th. Finally, Susquehanna increased their price target on shares of Mastercard from $605.00 to $670.00 and gave the company a “positive” rating in a report on Friday, January 31st. Four research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $606.11.

Mastercard Stock Performance

Shares of NYSE:MA opened at $564.77 on Monday. The firm has a market cap of $518.36 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The firm’s 50 day simple moving average is $535.49 and its 200-day simple moving average is $509.98. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.29 and a current ratio of 1.03. Mastercard Incorporated has a one year low of $428.86 and a one year high of $576.94.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.11. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. As a group, equities analysts predict that Mastercard Incorporated will post 15.98 EPS for the current year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be issued a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s payout ratio is 21.89%.

Mastercard declared that its Board of Directors has initiated a stock buyback plan on Tuesday, December 17th that allows the company to buyback $12.00 billion in outstanding shares. This buyback authorization allows the credit services provider to purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.