Warren Street Wealth Advisors LLC Acquires 64 Shares of Mastercard Incorporated (NYSE:MA)

Warren Street Wealth Advisors LLC boosted its stake in shares of Mastercard Incorporated (NYSE:MA) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,111 shares of the credit services provider’s stock after buying an additional 64 shares during the quarter. Warren Street Wealth Advisors LLC’s holdings in Mastercard were worth $585,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Highline Wealth Partners LLC purchased a new position in shares of Mastercard during the 3rd quarter valued at $25,000. First Personal Financial Services bought a new stake in Mastercard in the 3rd quarter valued at about $39,000. FSA Wealth Management LLC bought a new stake in Mastercard in the 3rd quarter valued at about $54,000. Raelipskie Partnership lifted its holdings in Mastercard by 120.0% during the third quarter. Raelipskie Partnership now owns 110 shares of the credit services provider’s stock valued at $54,000 after purchasing an additional 60 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in Mastercard during the third quarter worth about $55,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Mastercard Trading Down 0.1 %

Shares of MA stock opened at $564.33 on Thursday. The company has a quick ratio of 1.29, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The firm has a market cap of $517.96 billion, a P/E ratio of 40.63, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The business has a 50-day moving average price of $533.07 and a two-hundred day moving average price of $507.89. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $576.94.

Mastercard (NYSE:MA) last released its earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share for the quarter, topping analysts’ consensus estimates of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. Equities analysts anticipate that Mastercard Incorporated will post 15.98 EPS for the current fiscal year.

Mastercard Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.54%. Mastercard’s dividend payout ratio (DPR) is 21.89%.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on MA. DZ Bank upgraded shares of Mastercard from a “hold” rating to a “buy” rating and set a $620.00 price target on the stock in a research note on Tuesday, February 4th. Oppenheimer lowered their target price on shares of Mastercard from $591.00 to $588.00 and set an “outperform” rating on the stock in a report on Thursday, December 19th. TD Cowen raised their price target on Mastercard from $533.00 to $567.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Mizuho boosted their price objective on Mastercard from $496.00 to $532.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Finally, Morgan Stanley dropped their price objective on Mastercard from $654.00 to $644.00 and set an “overweight” rating on the stock in a report on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Mastercard has a consensus rating of “Moderate Buy” and an average price target of $603.08.

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.