Personal CFO Solutions LLC Has $3.98 Million Position in Mastercard Incorporated (NYSE:MA)

Personal CFO Solutions LLC reduced its stake in Mastercard Incorporated (NYSE:MA) by 2.0% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,551 shares of the credit services provider’s stock after selling 152 shares during the quarter. Mastercard makes up 0.8% of Personal CFO Solutions LLC’s investment portfolio, making the stock its 19th largest holding. Personal CFO Solutions LLC’s holdings in Mastercard were worth $3,976,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MA. NewSquare Capital LLC acquired a new stake in Mastercard in the 4th quarter worth approximately $26,000. Marshall Investment Management LLC acquired a new stake in Mastercard in the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC acquired a new stake in Mastercard in the 4th quarter worth approximately $32,000. First Personal Financial Services acquired a new stake in Mastercard in the 3rd quarter worth approximately $39,000. Finally, FPC Investment Advisory Inc. lifted its holdings in Mastercard by 483.3% in the 4th quarter. FPC Investment Advisory Inc. now owns 70 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 58 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Stock Performance

Shares of NYSE:MA opened at $546.98 on Friday. The business’s fifty day moving average price is $545.15 and its two-hundred day moving average price is $520.77. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $582.23. The stock has a market capitalization of $498.68 billion, a price-to-earnings ratio of 39.38, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 EPS for the quarter, topping 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, analysts predict that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be paid a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Wednesday, April 9th. Mastercard’s dividend payout ratio is currently 21.89%.

Mastercard declared that its board has approved a share repurchase program on Tuesday, December 17th that allows the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization allows the credit services provider to buy up to 2.5% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

Several research analysts have commented on MA shares. Oppenheimer dropped their price target on Mastercard from $591.00 to $588.00 and set an “outperform” rating on the stock in a research report on Thursday, December 19th. DZ Bank raised Mastercard from a “hold” rating to a “buy” rating and set a $620.00 price target on the stock in a research report on Tuesday, February 4th. Susquehanna lifted their price target on Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a research report on Friday, January 31st. William Blair reaffirmed an “outperform” rating on shares of Mastercard in a research report on Friday, January 31st. Finally, Keefe, Bruyette & Woods lifted their price target on Mastercard from $618.00 to $665.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Four investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $606.11.

About Mastercard

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.