Mastercard Incorporated (NYSE:MA) Holdings Boosted by Chapman Investment Management LLC

Chapman Investment Management LLC increased its holdings in shares of Mastercard Incorporated (NYSE:MA) by 0.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,753 shares of the credit services provider’s stock after purchasing an additional 32 shares during the quarter. Mastercard makes up 8.1% of Chapman Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. Chapman Investment Management LLC’s holdings in Mastercard were worth $10,928,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MA. Capital Investment Advisory Services LLC increased its stake in Mastercard by 0.6% in the fourth quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider’s stock valued at $1,651,000 after purchasing an additional 19 shares during the last quarter. Capital Investment Services of America Inc. grew its position in shares of Mastercard by 4.2% in the 4th quarter. Capital Investment Services of America Inc. now owns 475 shares of the credit services provider’s stock valued at $250,000 after buying an additional 19 shares during the last quarter. Augustine Asset Management Inc. grew its position in shares of Mastercard by 1.1% in the 4th quarter. Augustine Asset Management Inc. now owns 1,797 shares of the credit services provider’s stock valued at $946,000 after buying an additional 19 shares during the last quarter. Goldstein Advisors LLC raised its stake in Mastercard by 1.3% during the 3rd quarter. Goldstein Advisors LLC now owns 1,516 shares of the credit services provider’s stock worth $749,000 after acquiring an additional 20 shares in the last quarter. Finally, Community Bank N.A. lifted its position in Mastercard by 0.9% in the third quarter. Community Bank N.A. now owns 2,190 shares of the credit services provider’s stock valued at $1,081,000 after acquiring an additional 20 shares during the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Up 0.6 %

Shares of NYSE MA opened at $567.90 on Wednesday. The firm’s 50 day moving average price is $537.10 and its 200 day moving average price is $511.77. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $521.24 billion, a P/E ratio of 40.89, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $576.94.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share for the quarter, topping analysts’ consensus estimates 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, sell-side analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Mastercard announced that its board has initiated a share repurchase plan on Tuesday, December 17th that authorizes the company to repurchase $12.00 billion in shares. This repurchase authorization authorizes the credit services provider to buy up to 2.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Mastercard Announces Dividend

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 dividend of $0.76 per share. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $3.04 annualized dividend and a yield of 0.54%. Mastercard’s dividend payout ratio is currently 21.89%.

Wall Street Analyst Weigh In

MA has been the topic of several research analyst reports. UBS Group increased their target price on shares of Mastercard from $600.00 to $660.00 and gave the stock a “buy” rating in a research note on Friday, January 31st. Citigroup lifted their target price on Mastercard from $584.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, January 31st. Macquarie upped their price target on Mastercard from $565.00 to $645.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. William Blair reaffirmed an “outperform” rating on shares of Mastercard in a report on Friday, January 31st. Finally, Mizuho boosted their price objective on shares of Mastercard from $496.00 to $532.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Mastercard presently has an average rating of “Moderate Buy” and an average 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.