Capital Advisors Inc. OK Purchases 153 Shares of Mastercard Incorporated (NYSE:MA)

Capital Advisors Inc. OK increased its position in Mastercard Incorporated (NYSE:MA) by 12.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,400 shares of the credit services provider’s stock after acquiring an additional 153 shares during the period. Capital Advisors Inc. OK’s holdings in Mastercard were worth $737,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MA. Highline Wealth Partners LLC purchased a new stake in shares of Mastercard during the 3rd quarter valued at about $25,000. First Personal Financial Services bought a new stake in Mastercard during the third quarter valued at approximately $39,000. FSA Wealth Management LLC purchased a new stake in Mastercard during the third quarter valued at approximately $54,000. Raelipskie Partnership increased its holdings in Mastercard by 120.0% during the third quarter. Raelipskie Partnership now owns 110 shares of the credit services provider’s stock valued at $54,000 after buying an additional 60 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in Mastercard in the third quarter worth approximately $55,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Analysts Set New Price Targets

MA has been the subject of several analyst reports. BMO Capital Markets upped their price objective on Mastercard from $550.00 to $565.00 and gave the stock an “outperform” rating in a research note on Thursday, November 14th. Keefe, Bruyette & Woods upped 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. Monness Crespi & Hardt raised Mastercard from a “neutral” rating to a “buy” rating and set a $640.00 price objective on the stock in a research report on Friday, January 31st. Piper Sandler reiterated an “overweight” rating and set a $635.00 price objective (up from $591.00) on shares of Mastercard in a research note on Friday, January 31st. Finally, Macquarie raised their target price on shares of Mastercard from $565.00 to $645.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $603.08.

Mastercard Trading Down 0.1 %

Shares of MA opened at $564.33 on Thursday. The stock has a market capitalization of $517.96 billion, a PE ratio of 40.63, a P/E/G ratio of 2.37 and a beta of 1.10. The company’s fifty day moving average is $533.07 and its 200 day moving average is $507.89. 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 fifty-two week low of $428.86 and a fifty-two week high of $576.94.

Mastercard (NYSE:MA) last posted its 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%. Sell-side analysts expect that Mastercard Incorporated will post 15.98 earnings per share for the current fiscal year.

Mastercard declared that its Board of Directors has approved a share buyback program on Tuesday, December 17th that authorizes the company to repurchase $12.00 billion in shares. This repurchase authorization authorizes the credit services provider to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.76 per share. The ex-dividend date is Wednesday, April 9th. This represents a $3.04 dividend on an annualized basis and a yield of 0.54%. Mastercard’s dividend payout ratio (DPR) is presently 21.89%.

Mastercard 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.