LWM Advisory Services LLC Acquires 48 Shares of Mastercard Incorporated (NYSE:MA)

LWM Advisory Services LLC grew its holdings in shares of Mastercard Incorporated (NYSE:MA) by 4.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,115 shares of the credit services provider’s stock after purchasing an additional 48 shares during the quarter. LWM Advisory Services LLC’s holdings in Mastercard were worth $475,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MA. LFA Lugano Financial Advisors SA bought a new position in Mastercard during the fourth quarter valued at about $27,000. Criterion Capital Advisors LLC bought a new position in shares of Mastercard in the 4th quarter valued at approximately $33,000. Barometer Capital Management Inc. acquired a new stake in Mastercard in the 3rd quarter worth approximately $36,000. Thomas J. Herzfeld Advisors Inc. boosted its position in Mastercard by 661.5% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 99 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 86 shares during the period. Finally, JCIC Asset Management Inc. grew its holdings in Mastercard by 34.0% during the fourth quarter. JCIC Asset Management Inc. now owns 134 shares of the credit services provider’s stock valued at $57,000 after purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on MA shares. William Blair reiterated an “outperform” rating on shares of Mastercard in a research note on Wednesday, January 31st. Robert W. Baird raised their price target on Mastercard from $525.00 to $545.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. Oppenheimer reissued an “outperform” rating and set a $510.00 price objective on shares of Mastercard in a research report on Thursday, February 1st. Mizuho reaffirmed a “buy” rating and issued a $480.00 target price on shares of Mastercard in a report on Wednesday, March 27th. Finally, JPMorgan Chase & Co. upped their price target on Mastercard from $504.00 to $520.00 and gave the stock an “overweight” rating in a report on Monday, April 15th. Two investment analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, Mastercard has an average rating of “Moderate Buy” and a consensus target price of $490.23.

Insider Activity

In other news, insider Craig Vosburg sold 13,542 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $460.06, for a total value of $6,230,132.52. Following the sale, the insider now owns 46,491 shares in the company, valued at approximately $21,388,649.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Craig Vosburg sold 13,542 shares of the business’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $460.06, for a total value of $6,230,132.52. Following the sale, the insider now owns 46,491 shares in the company, valued at approximately $21,388,649.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CMO Venkata R. Madabhushi sold 16,037 shares of the company’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $475.94, for a total transaction of $7,632,649.78. Following the transaction, the chief marketing officer now owns 12,255 shares in the company, valued at approximately $5,832,644.70. The disclosure for this sale can be found here. In the last quarter, insiders have sold 480,630 shares of company stock worth $221,479,470. Corporate insiders own 0.13% of the company’s stock.

Mastercard Stock Performance

Mastercard stock traded down $5.39 on Monday, hitting $457.03. The company’s stock had a trading volume of 2,120,953 shares, compared to its average volume of 2,406,817. The firm has a market cap of $426.36 billion, a P/E ratio of 38.66, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.06. The company has a fifty day moving average price of $471.35 and a 200-day moving average price of $436.61. Mastercard Incorporated has a one year low of $357.85 and a one year high of $490.00.

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

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be paid a $0.66 dividend. The ex-dividend date is Monday, April 8th. This represents a $2.64 annualized dividend and a dividend yield of 0.58%. Mastercard’s dividend payout ratio is presently 22.32%.

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.