Disciplined Equity Management Inc. Has $924,000 Stock Position in Mastercard Incorporated (NYSE:MA)

Disciplined Equity Management Inc. boosted its stake in shares of Mastercard Incorporated (NYSE:MA) by 2.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,167 shares of the credit services provider’s stock after buying an additional 47 shares during the period. Disciplined Equity Management Inc.’s holdings in Mastercard were worth $924,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Cypress Wealth Services LLC raised its position in Mastercard by 2.9% in the 4th quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock valued at $369,000 after buying an additional 24 shares during the last quarter. Syntegra Private Wealth Group LLC lifted its holdings in Mastercard by 1.2% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock worth $851,000 after acquiring an additional 24 shares during the period. TRUE Private Wealth Advisors boosted its position in Mastercard by 2.4% in the fourth quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock worth $442,000 after purchasing an additional 24 shares during the last quarter. Indiana Trust & Investment Management CO boosted its position in Mastercard by 4.4% in the fourth quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock worth $255,000 after purchasing an additional 25 shares during the last quarter. Finally, Tufton Capital Management boosted its position in Mastercard by 4.5% in the fourth quarter. Tufton Capital Management now owns 604 shares of the credit services provider’s stock worth $258,000 after purchasing an additional 26 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Mastercard

In related news, insider Craig Vosburg sold 13,542 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the completion of the sale, the insider now directly owns 46,491 shares in the company, valued at approximately $21,388,649.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Mastercard news, CEO Michael Miebach sold 7,851 shares of the stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $475.92, for a total value of $3,736,447.92. Following the completion of the sale, the chief executive officer now owns 47,640 shares in the company, valued at approximately $22,672,828.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Craig Vosburg sold 13,542 shares of the stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $460.06, for a total value of $6,230,132.52. Following the completion of the sale, the insider now owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The disclosure for this sale can be found here. Insiders sold 257,630 shares of company stock worth $118,303,470 in the last ninety days. 0.13% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MA has been the topic of several research analyst reports. Robert W. Baird boosted their price objective on Mastercard from $525.00 to $545.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Oppenheimer restated an “outperform” rating and issued a $510.00 target price on shares of Mastercard in a research note on Thursday, February 1st. William Blair restated an “outperform” rating on shares of Mastercard in a research note on Wednesday, January 31st. BMO Capital Markets boosted their target price on Mastercard from $480.00 to $490.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Finally, Susquehanna restated a “positive” rating and issued a $535.00 target price on shares of Mastercard in a research note on Wednesday, April 3rd. Two research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Mastercard presently has an average rating of “Moderate Buy” and an average price target of $490.23.

Mastercard Price Performance

Shares of MA traded down $0.32 during midday trading on Wednesday, reaching $462.50. The stock had a trading volume of 3,982,723 shares, compared to its average volume of 2,420,361. The company’s 50-day moving average is $471.65 and its 200 day moving average is $435.45. Mastercard Incorporated has a 12-month low of $357.85 and a 12-month high of $490.00. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.06. The company has a market capitalization of $431.46 billion, a price-to-earnings ratio of 39.10, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08.

Mastercard (NYSE:MA) last issued its earnings results on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.10. The company had revenue of $6.55 billion during the quarter, compared to analysts’ expectations of $6.46 billion. Mastercard had a return on equity of 191.22% and a net margin of 44.60%. During the same period in the prior year, the business posted $2.65 EPS. On average, equities analysts predict that Mastercard Incorporated will post 14.35 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 9th will be issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 0.57%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s dividend payout ratio is presently 22.32%.

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.