878 Shares in Mastercard Incorporated (NYSE:MA) Bought by Dohj LLC

Dohj LLC acquired a new stake in Mastercard Incorporated (NYSE:MA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 878 shares of the credit services provider’s stock, valued at approximately $374,000.

Other large investors have also modified their holdings of the company. Private Wealth Partners LLC grew its stake in Mastercard by 2.6% in the 4th quarter. Private Wealth Partners LLC now owns 8,003 shares of the credit services provider’s stock valued at $3,413,000 after acquiring an additional 200 shares during the period. Valmark Advisers Inc. grew its position in shares of Mastercard by 122.8% in the fourth quarter. Valmark Advisers Inc. now owns 2,783 shares of the credit services provider’s stock valued at $1,187,000 after purchasing an additional 1,534 shares during the period. Addison Advisors LLC increased its stake in shares of Mastercard by 16.3% during the fourth quarter. Addison Advisors LLC now owns 400 shares of the credit services provider’s stock worth $171,000 after purchasing an additional 56 shares in the last quarter. Gilliland Jeter Wealth Management LLC acquired a new position in shares of Mastercard during the 4th quarter worth about $834,000. Finally, Headlands Technologies LLC purchased a new position in Mastercard in the 4th quarter valued at about $1,157,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Up 0.1 %

Shares of NYSE:MA traded up $0.31 during trading hours on Friday, reaching $462.42. The stock had a trading volume of 1,963,273 shares, compared to its average volume of 2,212,406. Mastercard Incorporated has a 1 year low of $357.85 and a 1 year high of $490.00. The firm’s 50 day moving average is $471.35 and its 200-day moving average is $436.10. The stock has a market capitalization of $431.39 billion, a price-to-earnings ratio of 39.09, a P/E/G ratio of 1.75 and a beta of 1.08. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.17 and a current ratio of 1.17.

Mastercard (NYSE:MA) last issued its earnings results on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.10. The business had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.46 billion. Mastercard had a return on equity of 191.22% and a net margin of 44.60%. During the same quarter last year, the company earned $2.65 EPS. Research analysts predict that Mastercard Incorporated will post 14.35 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Stockholders of record on Tuesday, April 9th will be issued a $0.66 dividend. This represents a $2.64 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s payout ratio is currently 22.32%.

Analyst Ratings Changes

A number of brokerages have weighed in on MA. KeyCorp raised their price objective on Mastercard from $475.00 to $490.00 and gave the company an “overweight” rating in a report on Thursday, February 1st. Royal Bank of Canada boosted their price target on shares of Mastercard from $432.00 to $499.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Mizuho reiterated a “buy” rating and issued a $480.00 price objective on shares of Mastercard in a report on Wednesday, March 27th. Robert W. Baird boosted their target price on Mastercard from $525.00 to $545.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Finally, Oppenheimer restated an “outperform” rating and issued a $510.00 price target on shares of Mastercard in a research report on Thursday, February 1st. Two analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $490.23.

Insider Activity at Mastercard

In other news, insider Craig Vosburg sold 13,542 shares of the firm’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the transaction, the insider now directly owns 46,491 shares in the company, valued at $21,388,649.46. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, insider Craig Vosburg sold 13,542 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the transaction, the insider now owns 46,491 shares of the company’s stock, valued at $21,388,649.46. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Venkata R. Madabhushi sold 16,037 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $475.94, for a total value of $7,632,649.78. Following the sale, the chief marketing officer now directly owns 12,255 shares of the company’s stock, valued at $5,832,644.70. The disclosure for this sale can be found here. Insiders sold a total of 366,630 shares of company stock valued at $168,746,490 in the last three months. 0.13% of the stock is currently 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.