Kohmann Bosshard Financial Services LLC Has $423,000 Stock Position in Mastercard Incorporated (NYSE:MA)

Kohmann Bosshard Financial Services LLC decreased its stake in shares of Mastercard Incorporated (NYSE:MA) by 33.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 804 shares of the credit services provider’s stock after selling 410 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in Mastercard were worth $423,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Marshall Investment Management LLC bought a new stake in Mastercard during the 4th quarter worth about $30,000. FPC Investment Advisory Inc. raised its holdings in Mastercard by 483.3% during the 4th quarter. FPC Investment Advisory Inc. now owns 70 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 58 shares during the last quarter. First Personal Financial Services bought a new stake in Mastercard during the 3rd quarter worth about $39,000. Highline Wealth Partners LLC raised its holdings in Mastercard by 72.5% during the 4th quarter. Highline Wealth Partners LLC now owns 88 shares of the credit services provider’s stock worth $46,000 after purchasing an additional 37 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new stake in Mastercard during the 3rd quarter worth about $55,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Price Performance

NYSE MA opened at $576.08 on Friday. Mastercard Incorporated has a 52-week low of $428.86 and a 52-week high of $576.94. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.03 and a current ratio of 1.03. The business has a 50 day simple moving average of $542.83 and a 200 day simple moving average of $517.61. The stock has a market cap of $525.22 billion, a price-to-earnings ratio of 41.47, a PEG ratio of 2.37 and a beta of 1.10.

Mastercard (NYSE:MA) last released its quarterly 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%. Analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard declared that its board has authorized a share repurchase program on Tuesday, December 17th that permits the company to buyback $12.00 billion in shares. This buyback authorization permits the credit services provider to buy up to 2.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s dividend payout ratio (DPR) is currently 21.89%.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Seaport Res Ptn cut Mastercard from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. UBS Group boosted their price objective on Mastercard from $600.00 to $660.00 and gave the stock a “buy” rating in a report on Friday, January 31st. William Blair reissued an “outperform” rating on shares of Mastercard in a report on Friday, January 31st. KeyCorp upped their price target on Mastercard from $600.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Finally, Oppenheimer lowered their price target on Mastercard from $591.00 to $588.00 and set an “outperform” rating for the company in a research note on Thursday, December 19th. Four investment 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $606.11.

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.