Personal CFO Solutions LLC Has $3.98 Million Stock Holdings in Mastercard Incorporated (NYSE:MA)

Personal CFO Solutions LLC lessened its position in shares of Mastercard Incorporated (NYSE:MA) by 2.0% during the 4th quarter, HoldingsChannel reports. The fund owned 7,551 shares of the credit services provider’s stock after selling 152 shares during the quarter. Mastercard accounts for about 0.8% of Personal CFO Solutions LLC’s investment portfolio, making the stock its 19th largest holding. Personal CFO Solutions LLC’s holdings in Mastercard were worth $3,976,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MA. Swedbank AB increased its holdings in Mastercard by 14.8% in the third quarter. Swedbank AB now owns 1,874,568 shares of the credit services provider’s stock valued at $925,662,000 after purchasing an additional 241,297 shares during the last quarter. Principal Financial Group Inc. increased its holdings in Mastercard by 4.8% in the third quarter. Principal Financial Group Inc. now owns 3,031,915 shares of the credit services provider’s stock valued at $1,497,160,000 after purchasing an additional 138,842 shares during the last quarter. Philip James Wealth Mangement LLC bought a new stake in Mastercard in the third quarter valued at about $203,000. CWA Asset Management Group LLC bought a new stake in Mastercard in the third quarter valued at about $4,097,000. Finally, Applied Finance Capital Management LLC increased its holdings in Mastercard by 79.6% in the third quarter. Applied Finance Capital Management LLC now owns 175,930 shares of the credit services provider’s stock valued at $86,874,000 after purchasing an additional 77,986 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Ratings Changes

MA has been the subject of a number of recent analyst reports. Royal Bank of Canada upped their price objective on Mastercard from $572.00 to $650.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Susquehanna increased their price target on Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a report on Friday, January 31st. Tigress Financial increased their price target on Mastercard from $550.00 to $685.00 and gave the stock a “strong-buy” rating in a report on Thursday, February 13th. Oppenheimer lowered their price target on Mastercard from $591.00 to $588.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Finally, Macquarie increased their price target on Mastercard from $565.00 to $645.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Four analysts have rated the stock with a hold rating, twenty-four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $606.11.

Mastercard Stock Performance

Shares of NYSE MA opened at $546.98 on Friday. The stock has a 50 day moving average price of $545.15 and a 200 day moving average price of $520.77. Mastercard Incorporated has a 52 week low of $428.86 and a 52 week high of $582.23. 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 stock has a market capitalization of $498.68 billion, a PE ratio of 39.38, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10.

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

Mastercard announced that its board has initiated a share buyback 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 repurchase up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Mastercard Dividend Announcement

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 given a $0.76 dividend. The ex-dividend date is Wednesday, April 9th. This represents a $3.04 dividend on an annualized basis and a dividend yield of 0.56%. Mastercard’s payout ratio is 21.89%.

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.