Mastercard Incorporated (NYSE:MA) is Kampmann Melissa S.'s 9th Largest Position

Kampmann Melissa S. reduced its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 8.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,300 shares of the credit services provider's stock after selling 775 shares during the period. Mastercard comprises 3.4% of Kampmann Melissa S.'s holdings, making the stock its 9th largest position. Kampmann Melissa S.'s holdings in Mastercard were worth $4,371,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MA. Generali Investments Management Co LLC acquired a new position in shares of Mastercard during the 4th quarter worth about $1,400,000. GCQ FUNDS MANAGEMENT PTY Ltd purchased a new stake in Mastercard during the 4th quarter worth approximately $37,355,000. Harvest Fund Management Co. Ltd raised its holdings in shares of Mastercard by 205.8% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 14,546 shares of the credit services provider's stock valued at $7,668,000 after acquiring an additional 9,790 shares during the last quarter. Wulff Hansen & CO. lifted its position in shares of Mastercard by 9.7% in the fourth quarter. Wulff Hansen & CO. now owns 1,075 shares of the credit services provider's stock valued at $566,000 after acquiring an additional 95 shares in the last quarter. Finally, Vinva Investment Management Ltd boosted its stake in shares of Mastercard by 11.4% in the fourth quarter. Vinva Investment Management Ltd now owns 44,114 shares of the credit services provider's stock worth $23,184,000 after acquiring an additional 4,513 shares during the last quarter. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

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Insiders Place Their Bets

In related news, insider Edward Grunde Mclaughlin sold 7,132 shares of the company's stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $534.68, for a total value of $3,813,337.76. Following the sale, the insider now owns 34,524 shares in the company, valued at $18,459,292.32. This represents a 17.12 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Wells Fargo & Company raised their price objective on Mastercard from $585.00 to $625.00 and gave the company an "overweight" rating in a report on Tuesday, February 4th. Royal Bank of Canada raised their price target on shares of Mastercard from $572.00 to $650.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Citigroup upped their price objective on shares of Mastercard from $584.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, January 31st. JPMorgan Chase & Co. raised their target price on shares of Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a research note on Friday, January 31st. Finally, Tigress Financial restated a "strong-buy" rating on shares of Mastercard in a research report on Monday, March 10th. Four analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Mastercard has an average rating of "Moderate Buy" and an average price target of $606.11.

Mastercard Stock Performance

Shares of MA stock traded up $8.13 during trading hours on Monday, reaching $543.82. 2,758,655 shares of the company's stock were exchanged, compared to its average volume of 2,377,778. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $582.23. The company has a market cap of $495.81 billion, a P/E ratio of 39.15, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The company's 50 day moving average is $547.55 and its two-hundred day moving average is $524.95.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard announced that its board has authorized a stock buyback plan on Tuesday, December 17th that permits the company to repurchase $12.00 billion in outstanding shares. This repurchase authorization permits the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date is Wednesday, April 9th. Mastercard's dividend payout ratio is currently 21.89%.

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.