State of Wisconsin Investment Board Has $190.40 Million Stake in Mastercard (MA)

State of Wisconsin Investment Board grew its stake in Mastercard (NYSE:MA) by 2.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,257,921 shares of the credit services provider’s stock after purchasing an additional 26,164 shares during the period. State of Wisconsin Investment Board owned about 0.12% of Mastercard worth $190,399,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Community Bank N.A. increased its position in shares of Mastercard by 119.7% during the 4th quarter. Community Bank N.A. now owns 670 shares of the credit services provider’s stock worth $101,000 after purchasing an additional 365 shares during the last quarter. Massey Quick Simon & CO. LLC acquired a new stake in shares of Mastercard during the 3rd quarter worth about $102,000. Wealthcare Advisory Partners LLC acquired a new stake in shares of Mastercard during the 3rd quarter worth about $106,000. Acrospire Investment Management LLC acquired a new stake in shares of Mastercard during the 2nd quarter worth about $121,000. Finally, Horan Capital Advisors LLC. acquired a new stake in shares of Mastercard during the 3rd quarter worth about $131,000. Institutional investors and hedge funds own 76.09% of the company’s stock.

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Shares of NYSE:MA traded down $5.84 during trading on Friday, reaching $169.70. The company had a trading volume of 5,005,487 shares, compared to its average volume of 3,731,496. The firm has a market cap of $178,419.88, a P/E ratio of 37.05, a PEG ratio of 1.56 and a beta of 1.16. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.99. Mastercard has a fifty-two week low of $111.01 and a fifty-two week high of $183.73.

Mastercard (NYSE:MA) last released its earnings results on Thursday, February 1st. The credit services provider reported $1.14 earnings per share (EPS) for the quarter, beating 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 business had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.25 billion. During the same quarter in the previous year, the company posted $0.86 earnings per share. The company’s revenue for the quarter was up 20.2% compared to the same quarter last year. research analysts forecast that Mastercard will post 5.94 EPS for the current fiscal year.

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

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

MA has been the subject of a number of research analyst reports. Zacks Investment Research cut Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Mizuho upgraded Mastercard from a “neutral” rating to a “buy” rating in a report on Thursday, January 4th. Royal Bank of Canada cut Mastercard from a “top pick” rating to an “outperform” rating and set a $130.00 target price for the company. in a report on Thursday, January 4th. Sanford C. Bernstein reiterated a “buy” rating and issued a $180.00 price objective (up previously from $166.00) on shares of Mastercard in a research note on Monday, December 11th. Finally, Vetr cut Mastercard from a “buy” rating to a “hold” rating and set a $158.61 price objective for the company. in a research note on Monday, December 18th. Two research analysts have rated the stock with a hold rating, thirty-one have given a buy rating and one has issued a strong buy rating to the stock. Mastercard presently has a consensus rating of “Buy” and a consensus 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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