Threadgill Financial LLC Buys 39 Shares of Mastercard Incorporated (NYSE:MA)

Threadgill Financial LLC increased its stake in Mastercard Incorporated (NYSE:MA) by 0.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,244 shares of the credit services provider’s stock after buying an additional 39 shares during the quarter. Mastercard makes up 9.3% of Threadgill Financial LLC’s holdings, making the stock its 3rd biggest position. Threadgill Financial LLC’s holdings in Mastercard were worth $17,506,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in MA. Highline Wealth Partners LLC bought a new stake in Mastercard in the 3rd quarter valued at $25,000. Strategic Investment Solutions Inc. IL acquired a new position in shares of Mastercard in the second quarter valued at $34,000. Fairway Wealth LLC acquired a new position in shares of Mastercard in the second quarter valued at $35,000. First Personal Financial Services bought a new position in shares of Mastercard in the third quarter valued at about $39,000. Finally, Lowe Wealth Advisors LLC lifted its stake in shares of Mastercard by 74.0% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 87 shares of the credit services provider’s stock worth $43,000 after buying an additional 37 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MA has been the topic of several research analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $572.00 price target on shares of Mastercard in a report on Thursday, November 14th. Bank of America increased their target price on Mastercard from $480.00 to $509.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 17th. Morgan Stanley lifted their price target on Mastercard from $564.00 to $654.00 and gave the stock an “overweight” rating in a report on Wednesday, December 18th. Oppenheimer decreased their price objective on Mastercard from $591.00 to $588.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. Finally, Barclays lifted their target price on Mastercard from $536.00 to $576.00 and gave the stock an “overweight” rating in a report on Thursday, October 10th. Three research 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $566.13.

Mastercard Price Performance

Mastercard stock opened at $505.52 on Monday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.29 and a current ratio of 1.29. Mastercard Incorporated has a 52 week low of $425.48 and a 52 week high of $537.70. The stock has a market capitalization of $463.98 billion, a P/E ratio of 38.24, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10. The stock has a fifty day moving average of $524.09 and a 200-day moving average of $492.31.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, October 31st. The credit services provider reported $3.89 EPS for the quarter, topping analysts’ consensus estimates of $3.73 by $0.16. The firm had revenue of $7.37 billion during the quarter, compared to analysts’ expectations of $7.27 billion. Mastercard had a net margin of 45.26% and a return on equity of 178.27%. The business’s revenue for the quarter was up 12.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.39 earnings per share. On average, sell-side analysts expect that Mastercard Incorporated will post 14.47 earnings per share for the current fiscal year.

Mastercard declared that its board has approved a stock repurchase plan on Tuesday, December 17th that permits the company to repurchase $12.00 billion in shares. This repurchase authorization permits the credit services provider to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Mastercard Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be given a $0.76 dividend. The ex-dividend date of this dividend is Friday, January 10th. This represents a $3.04 dividend on an annualized basis and a yield of 0.60%. This is a positive change from Mastercard’s previous quarterly dividend of $0.66. Mastercard’s dividend payout ratio (DPR) is currently 23.00%.

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.