Advyzon Investment Management LLC Acquires Shares of 1,152 Mastercard Incorporated (NYSE:MA)

Advyzon Investment Management LLC purchased a new stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 1,152 shares of the credit services provider's stock, valued at approximately $606,000.

Other institutional investors have also recently bought and sold shares of the company. Swedbank AB grew its position in Mastercard by 14.8% in the 3rd quarter. Swedbank AB now owns 1,874,568 shares of the credit services provider's stock worth $925,662,000 after purchasing an additional 241,297 shares in the last quarter. Raleigh Capital Management Inc. lifted its holdings in Mastercard by 5.8% during the third quarter. Raleigh Capital Management Inc. now owns 563 shares of the credit services provider's stock worth $278,000 after acquiring an additional 31 shares during the period. Sequoia Financial Advisors LLC boosted its position in Mastercard by 17.3% in the third quarter. Sequoia Financial Advisors LLC now owns 18,467 shares of the credit services provider's stock worth $9,119,000 after purchasing an additional 2,721 shares during the last quarter. Metropolis Capital Ltd boosted its position in Mastercard by 19.2% in the third quarter. Metropolis Capital Ltd now owns 395,189 shares of the credit services provider's stock worth $195,144,000 after purchasing an additional 63,541 shares during the last quarter. Finally, Pictet North America Advisors SA increased its position in shares of Mastercard by 1.8% during the 3rd quarter. Pictet North America Advisors SA now owns 15,488 shares of the credit services provider's stock valued at $7,648,000 after purchasing an additional 278 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Price Performance

NYSE:MA traded down $5.85 during mid-day trading on Friday, reaching $557.44. The stock had a trading volume of 1,620,907 shares, compared to its average volume of 2,559,466. Mastercard Incorporated has a one year low of $428.86 and a one year high of $576.94. 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 50 day moving average price of $538.41 and a two-hundred day moving average price of $512.53. The stock has a market capitalization of $511.63 billion, a P/E ratio of 40.13, a P/E/G ratio of 2.39 and a beta of 1.10.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate 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, analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Mastercard declared that its board has approved a share repurchase plan on Tuesday, December 17th that allows the company to buyback $12.00 billion in shares. This buyback authorization allows the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 9th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.55%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard's dividend payout ratio (DPR) is presently 21.89%.

Analysts Set New Price Targets

MA has been the subject of several research reports. KeyCorp increased their price target on shares of Mastercard from $600.00 to $630.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. increased their target price on shares of Mastercard from $590.00 to $610.00 and gave the company an "overweight" rating in a research report on Friday, January 31st. UBS Group upped their price objective on Mastercard from $600.00 to $660.00 and gave the company a "buy" rating in a research note on Friday, January 31st. Morgan Stanley decreased their target price on Mastercard from $654.00 to $644.00 and set an "overweight" rating for the company in a research report on Friday, January 31st. Finally, DZ Bank raised Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price target on the stock in a research report on Tuesday, February 4th. Four research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Mastercard currently has an average rating of "Moderate Buy" and a consensus target price 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.