Capital International Inc. CA Has $139.26 Million Holdings in Mastercard Incorporated $MA

Capital International Inc. CA increased its position in shares of Mastercard Incorporated (NYSE:MA) by 11.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 244,826 shares of the credit services provider’s stock after buying an additional 25,385 shares during the period. Mastercard accounts for approximately 1.1% of Capital International Inc. CA’s investment portfolio, making the stock its 19th biggest position. Capital International Inc. CA’s holdings in Mastercard were worth $139,259,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after purchasing an additional 2,028 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of Mastercard by 8.5% in the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after buying an additional 200 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its stake in shares of Mastercard by 46.0% during the 2nd quarter. Global Wealth Management Investment Advisory Inc. now owns 667 shares of the credit services provider’s stock worth $375,000 after acquiring an additional 210 shares during the period. Midwest Trust Co acquired a new position in shares of Mastercard during the 2nd quarter worth approximately $6,212,000. Finally, Zions Bancorporation National Association UT raised its stake in Mastercard by 7.2% in the 2nd quarter. Zions Bancorporation National Association UT now owns 3,179 shares of the credit services provider’s stock valued at $1,786,000 after acquiring an additional 213 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Price Performance

Shares of NYSE:MA opened at $517.69 on Tuesday. Mastercard Incorporated has a one year low of $465.59 and a one year high of $601.77. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.03 and a quick ratio of 1.03. The company has a market cap of $461.68 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 1.69 and a beta of 0.83. The firm has a 50 day simple moving average of $538.29 and a 200 day simple moving average of $556.61.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.24 by $0.52. Mastercard had a net margin of 45.65% and a return on equity of 203.92%. The company had revenue of $8.81 billion during the quarter, compared to the consensus estimate of $8.80 billion. During the same period in the prior year, the business earned $3.82 earnings per share. The company’s revenue for the quarter was up 17.5% compared to the same quarter last year. Research analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be given a $0.87 dividend. The ex-dividend date is Thursday, April 9th. This represents a $3.48 annualized dividend and a yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is currently 21.07%.

Wall Street Analyst Weigh In

Several research firms have commented on MA. Wells Fargo & Company upped their price objective on shares of Mastercard from $660.00 to $668.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. HSBC raised Mastercard from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Daiwa Securities Group set a $610.00 price target on Mastercard and gave the company an “outperform” rating in a research note on Monday, February 2nd. Evercore set a $610.00 price objective on shares of Mastercard in a research report on Friday, December 12th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $656.00 target price on shares of Mastercard in a research report on Friday, January 30th. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $670.61.

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.