Bryn Mawr Capital Management LLC Has $1.18 Million Holdings in Mastercard Incorporated (NYSE:MA)

Bryn Mawr Capital Management LLC trimmed its holdings in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 82.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,243 shares of the credit services provider's stock after selling 10,526 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Mastercard were worth $1,181,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Temasek Holdings Private Ltd boosted its stake in shares of Mastercard by 2.3% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,805,554 shares of the credit services provider's stock valued at $1,385,383,000 after buying an additional 62,891 shares during the last quarter. Cardano Risk Management B.V. grew its holdings in Mastercard by 2.7% during the 4th quarter. Cardano Risk Management B.V. now owns 368,690 shares of the credit services provider's stock worth $194,141,000 after acquiring an additional 9,611 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Mastercard by 15.6% in the 4th quarter. Nordea Investment Management AB now owns 2,510,756 shares of the credit services provider's stock worth $1,325,353,000 after purchasing an additional 337,905 shares during the last quarter. Dock Street Asset Management Inc. raised its stake in shares of Mastercard by 4.5% in the 4th quarter. Dock Street Asset Management Inc. now owns 68,237 shares of the credit services provider's stock valued at $35,932,000 after purchasing an additional 2,931 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Mastercard by 2.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 5,010,430 shares of the credit services provider's stock worth $2,474,151,000 after purchasing an additional 100,550 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on MA. Monness Crespi & Hardt raised Mastercard from a "neutral" rating to a "buy" rating and set a $640.00 price objective for the company in a report on Friday, January 31st. Seaport Res Ptn lowered Mastercard from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. UBS Group raised their price objective on Mastercard from $600.00 to $660.00 and gave the stock a "buy" rating in a research note on Friday, January 31st. TD Cowen lifted their price objective on shares of Mastercard from $533.00 to $567.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Finally, KeyCorp increased their target price on shares of Mastercard from $600.00 to $630.00 and gave the stock an "overweight" rating in a report on Friday, January 31st. Four investment 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's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $606.11.

Mastercard Price Performance

MA traded down $5.85 during trading on Friday, reaching $557.44. The stock had a trading volume of 2,256,092 shares, compared to its average volume of 2,585,452. The stock has a 50 day moving average of $538.41 and a two-hundred day moving average of $512.53. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The firm has a market capitalization of $511.63 billion, a price-to-earnings ratio of 40.13, a price-to-earnings-growth ratio of 2.39 and a beta of 1.10. Mastercard Incorporated has a 1-year low of $428.86 and a 1-year high of $576.94.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 earnings per share for the quarter, beating the consensus estimate of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. As a group, equities analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Stockholders 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 annualized dividend and a dividend yield of 0.55%. Mastercard's dividend payout ratio (DPR) is 21.89%.

Mastercard announced that its board has approved a stock 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 purchase up to 2.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

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.