One Capital Management LLC Has $5.59 Million Holdings in Mastercard Incorporated (NYSE:MA)

One Capital Management LLC lowered its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 10.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,611 shares of the credit services provider's stock after selling 1,270 shares during the quarter. One Capital Management LLC's holdings in Mastercard were worth $5,587,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewSquare Capital LLC bought a new stake in shares of Mastercard in the 4th quarter worth approximately $26,000. Marshall Investment Management LLC bought a new stake in shares of Mastercard in the 4th quarter worth approximately $30,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of Mastercard in the 4th quarter worth approximately $32,000. First Personal Financial Services bought a new stake in shares of Mastercard in the 3rd quarter worth approximately $39,000. Finally, FPC Investment Advisory Inc. lifted its position in shares of Mastercard by 483.3% in the 4th quarter. FPC Investment Advisory Inc. now owns 70 shares of the credit services provider's stock worth $39,000 after acquiring an additional 58 shares during the period. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Trading Down 0.5 %

Shares of NYSE MA traded down $2.84 during midday trading on Friday, hitting $546.98. The stock had a trading volume of 3,161,263 shares, compared to its average volume of 2,646,326. The company's 50-day simple moving average is $545.15 and its 200 day simple moving average is $520.77. The firm has a market cap of $498.68 billion, a P/E ratio of 39.38, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. Mastercard Incorporated has a fifty-two week low of $428.86 and a fifty-two week high of $582.23. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03.

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Mastercard (NYSE:MA - Get Free Report) last released its earnings results on Thursday, January 30th. The credit services provider reported $3.82 EPS 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%. Research analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard announced that its Board of Directors has approved a share repurchase program on Tuesday, December 17th that authorizes the company to buyback $12.00 billion in shares. This buyback authorization authorizes the credit services provider to repurchase up to 2.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 9th will be paid a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $3.04 annualized dividend and a dividend yield of 0.56%. Mastercard's dividend payout ratio (DPR) is currently 21.89%.

Analysts Set New Price Targets

A number of analysts have commented on MA shares. Seaport Res Ptn downgraded Mastercard from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Morgan Stanley reduced their price objective on Mastercard from $654.00 to $644.00 and set an "overweight" rating for the company in a research report on Friday, January 31st. JPMorgan Chase & Co. raised their target price on Mastercard from $590.00 to $610.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Royal Bank of Canada raised their target price on Mastercard from $572.00 to $650.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, Jefferies Financial Group raised their target price on Mastercard from $590.00 to $610.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Four research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $606.11.

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.