Mastercard Incorporated (NYSE:MA) Shares Acquired by Dohj LLC

Dohj LLC boosted its position in Mastercard Incorporated (NYSE:MA) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,603 shares of the credit services provider’s stock after purchasing an additional 50 shares during the period. Dohj LLC’s holdings in Mastercard were worth $1,371,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Western Financial Corp CA lifted its stake in shares of Mastercard by 201.6% in the fourth quarter. Western Financial Corp CA now owns 1,731 shares of the credit services provider’s stock valued at $911,000 after purchasing an additional 1,157 shares during the period. China Universal Asset Management Co. Ltd. lifted its position in shares of Mastercard by 7.4% during the 4th quarter. China Universal Asset Management Co. Ltd. now owns 15,935 shares of the credit services provider’s stock valued at $8,391,000 after acquiring an additional 1,101 shares during the period. Destiny Wealth Partners LLC acquired a new stake in shares of Mastercard during the 4th quarter valued at approximately $382,000. Concord Wealth Partners boosted its stake in shares of Mastercard by 1.4% during the 4th quarter. Concord Wealth Partners now owns 5,832 shares of the credit services provider’s stock worth $3,071,000 after acquiring an additional 79 shares in the last quarter. Finally, New Millennium Group LLC grew its holdings in shares of Mastercard by 18.3% in the 4th quarter. New Millennium Group LLC now owns 2,276 shares of the credit services provider’s stock worth $1,199,000 after acquiring an additional 352 shares during the period. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Wall Street Analyst Weigh In

MA has been the subject of a number of analyst reports. KeyCorp boosted their price target on Mastercard from $600.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday. TD Cowen lifted their price target on shares of Mastercard from $533.00 to $567.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Mizuho upped their price objective on shares of Mastercard from $496.00 to $532.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Seaport Res Ptn cut shares of Mastercard from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Finally, Barclays increased their price target on Mastercard from $536.00 to $576.00 and gave the stock an “overweight” rating in a research note on Thursday, October 10th. Four research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $595.64.

Mastercard Price Performance

MA opened at $555.63 on Friday. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $576.94. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 2.36. The firm has a market capitalization of $509.97 billion, a P/E ratio of 42.03, a PEG ratio of 2.17 and a beta of 1.10. The stock has a fifty day moving average of $528.28 and a 200-day moving average of $501.03.

Mastercard (NYSE:MA) last posted its quarterly earnings results 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 net margin of 45.26% and a return on equity of 178.27%. Equities analysts forecast that Mastercard Incorporated will post 14.47 EPS for the current fiscal year.

Mastercard Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be paid a dividend of $0.76 per share. The ex-dividend date is Friday, January 10th. This is an increase from Mastercard’s previous quarterly dividend of $0.66. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.55%. Mastercard’s dividend payout ratio (DPR) is 23.00%.

Mastercard announced that its board has initiated a stock repurchase plan on Tuesday, December 17th that allows the company to repurchase $12.00 billion in shares. This repurchase authorization allows the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s management believes its shares are undervalued.

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.