Willingdon Wealth Management Purchases 543 Shares of Mastercard (MA)

Willingdon Wealth Management boosted its stake in Mastercard (NYSE:MA) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,635 shares of the credit services provider’s stock after purchasing an additional 543 shares during the quarter. Willingdon Wealth Management’s holdings in Mastercard were worth $2,064,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in MA. Choate Investment Advisors boosted its position in Mastercard by 5.3% during the second quarter. Choate Investment Advisors now owns 7,371 shares of the credit services provider’s stock valued at $895,000 after purchasing an additional 370 shares during the last quarter. Kempen Capital Management N.V. acquired a new position in Mastercard during the second quarter valued at approximately $2,463,000. Accident Compensation Corp boosted its position in Mastercard by 58.1% during the second quarter. Accident Compensation Corp now owns 4,900 shares of the credit services provider’s stock valued at $595,000 after purchasing an additional 1,800 shares during the last quarter. Harvest Fund Management Co. Ltd boosted its position in Mastercard by 28.5% during the second quarter. Harvest Fund Management Co. Ltd now owns 2,054 shares of the credit services provider’s stock valued at $249,000 after purchasing an additional 456 shares during the last quarter. Finally, Fayez Sarofim & Co. boosted its position in Mastercard by 1.8% during the second quarter. Fayez Sarofim & Co. now owns 9,860 shares of the credit services provider’s stock valued at $1,198,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 76.09% of the company’s stock.

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In other Mastercard news, General Counsel Timothy H. Murphy sold 30,628 shares of the firm’s stock in a transaction on Monday, March 19th. The stock was sold at an average price of $180.44, for a total transaction of $5,526,516.32. Following the transaction, the general counsel now owns 59,907 shares in the company, valued at approximately $10,809,619.08. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director David R. Carlucci sold 5,950 shares of the firm’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $183.10, for a total value of $1,089,445.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 41,578 shares of company stock worth $7,482,061. Corporate insiders own 0.30% of the company’s stock.

Shares of NYSE MA opened at $169.70 on Friday. The company has a market cap of $182,614.89, a PE ratio of 37.05, a PEG ratio of 1.60 and a beta of 1.16. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.57 and a current ratio of 1.57. Mastercard has a 1-year low of $111.01 and a 1-year high of $183.73.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, February 1st. The credit services provider reported $1.14 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.12 by $0.02. Mastercard had a return on equity of 83.57% and a net margin of 31.33%. The company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter last year, the company earned $0.86 earnings per share. The firm’s quarterly revenue was up 20.2% compared to the same quarter last year. equities research analysts predict that Mastercard will post 5.93 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 9th. Shareholders of record on Monday, April 9th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, April 6th. This represents a $1.00 dividend on an annualized basis and a yield of 0.59%. Mastercard’s dividend payout ratio (DPR) is presently 21.83%.

Several brokerages recently commented on MA. Zacks Investment Research raised Mastercard from a “hold” rating to a “buy” rating and set a $193.00 price target for the company in a research report on Thursday. Vetr raised Mastercard from a “buy” rating to a “strong-buy” rating and set a $192.25 price target for the company in a research report on Tuesday. Wells Fargo increased their price target on Mastercard from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, March 29th. Sanford C. Bernstein began coverage on Mastercard in a research report on Tuesday, March 27th. They set an “outperform” rating and a $207.00 price target for the company. Finally, Tigress Financial reaffirmed a “buy” rating on shares of Mastercard in a research report on Thursday, February 8th. Two analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has given a strong buy rating to the company. Mastercard currently has a consensus rating of “Buy” and an average price target of $179.52.

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Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. It facilitates the processing of payment transactions, including authorization, clearing, and settlement, as well as delivers related products and services.

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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