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Compass Capital Corp MA ADV Invests $888,000 in Mastercard Incorporated (NYSE:MA)

Mastercard logo with Business Services background

Compass Capital Corp MA ADV acquired a new stake in Mastercard Incorporated (NYSE:MA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,685 shares of the credit services provider's stock, valued at approximately $888,000.

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

Wall Street Analyst Weigh In

Several research firms have issued reports on MA. Wells Fargo & Company lifted their target price on Mastercard from $585.00 to $625.00 and gave the company an "overweight" rating in a research note on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Mastercard from $510.00 to $580.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Seaport Res Ptn cut shares of Mastercard from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Oppenheimer decreased their price target on Mastercard from $591.00 to $588.00 and set an "outperform" rating for the company in a research note on Thursday, December 19th. Finally, Mizuho boosted their price target on Mastercard from $496.00 to $532.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st. Four research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Mastercard presently has an average rating of "Moderate Buy" and a consensus price target of $606.11.

View Our Latest Stock Report on Mastercard

Mastercard Price Performance

Mastercard stock traded down $5.85 during trading on Friday, reaching $557.44. The company had a trading volume of 2,256,092 shares, compared to its average volume of 2,585,452. 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's 50-day simple moving average is $538.41 and its 200 day simple moving average is $512.53. The firm has a market capitalization of $511.63 billion, a PE 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 released its earnings results 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 research analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

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

Mastercard declared that its board has authorized a share repurchase program on Tuesday, December 17th that allows the company to buyback $12.00 billion in outstanding shares. This buyback authorization allows the credit services provider to repurchase up to 2.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.

Mastercard Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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