Roundview Capital LLC Buys 2,002 Shares of Mastercard Incorporated (NYSE:MA)

Roundview Capital LLC boosted its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 38,300 shares of the credit services provider's stock after acquiring an additional 2,002 shares during the quarter. Mastercard accounts for about 1.4% of Roundview Capital LLC's investment portfolio, making the stock its 13th largest position. Roundview Capital LLC's holdings in Mastercard were worth $20,168,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in Mastercard by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 77,179,138 shares of the credit services provider's stock worth $40,640,219,000 after acquiring an additional 377,302 shares in the last quarter. State Street Corp lifted its stake in Mastercard by 0.7% during the third quarter. State Street Corp now owns 35,288,912 shares of the credit services provider's stock worth $17,425,665,000 after purchasing an additional 257,312 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Mastercard by 2.5% in the 3rd quarter. Geode Capital Management LLC now owns 18,375,053 shares of the credit services provider's stock worth $9,043,972,000 after purchasing an additional 453,773 shares in the last quarter. Norges Bank bought a new position in shares of Mastercard during the 4th quarter valued at about $6,022,224,000. Finally, Wellington Management Group LLP raised its holdings in shares of Mastercard by 9.1% during the 4th quarter. Wellington Management Group LLP now owns 9,760,740 shares of the credit services provider's stock valued at $5,139,713,000 after buying an additional 817,836 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company's stock.

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Analyst Ratings Changes

MA has been the subject of several research reports. Jefferies Financial Group upped their target price on Mastercard from $590.00 to $610.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. DZ Bank raised shares of Mastercard from a "hold" rating to a "buy" rating and set a $620.00 price objective for the company in a research note on Tuesday, February 4th. Seaport Res Ptn cut shares of Mastercard from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Royal Bank of Canada upped their price target on shares of Mastercard from $572.00 to $650.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Finally, Tigress Financial reaffirmed a "strong-buy" rating on shares of Mastercard in a research note on Monday, March 10th. Four equities research 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. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $606.11.

Mastercard Stock Performance

MA stock traded down $17.23 on Thursday, hitting $530.15. The company had a trading volume of 3,442,661 shares, compared to its average volume of 2,553,024. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.68. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $582.23. The stock has a market cap of $483.35 billion, a price-to-earnings ratio of 38.17, a P/E/G ratio of 2.37 and a beta of 1.10. The stock's 50-day simple moving average is $551.87 and its 200 day simple moving average is $528.12.

Mastercard (NYSE:MA - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 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%. As a group, equities research analysts expect that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

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 paid a dividend of $0.76 per share. The ex-dividend date is Wednesday, April 9th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.57%. Mastercard's dividend payout ratio (DPR) is presently 21.89%.

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

Insiders Place Their Bets

In other Mastercard news, insider Edward Grunde Mclaughlin sold 7,132 shares of Mastercard stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $534.68, for a total value of $3,813,337.76. Following the sale, the insider now directly owns 34,524 shares in the company, valued at approximately $18,459,292.32. The trade was a 17.12 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Michael Miebach sold 15,775 shares of the firm's stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $550.16, for a total value of $8,678,774.00. Following the transaction, the chief executive officer now owns 84,871 shares of the company's stock, valued at approximately $46,692,629.36. The trade was a 15.67 % decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

Mastercard 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.