Mastercard Incorporated (NYSE:MA) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its holdings in Mastercard Incorporated (NYSE:MA) by 3.3% in the 4th quarter, HoldingsChannel reports. The fund owned 112,059 shares of the credit services provider’s stock after selling 3,864 shares during the period. Mastercard makes up 0.6% of Yousif Capital Management LLC’s investment portfolio, making the stock its 19th largest position. Yousif Capital Management LLC’s holdings in Mastercard were worth $47,794,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA purchased a new stake in shares of Mastercard during the 4th quarter valued at $27,000. Criterion Capital Advisors LLC purchased a new stake in shares of Mastercard during the 4th quarter valued at $33,000. Barometer Capital Management Inc. purchased a new stake in shares of Mastercard during the 3rd quarter valued at $36,000. Thomas J. Herzfeld Advisors Inc. grew its stake in shares of Mastercard by 661.5% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 99 shares of the credit services provider’s stock valued at $39,000 after buying an additional 86 shares during the period. Finally, JCIC Asset Management Inc. grew its stake in shares of Mastercard by 34.0% during the 4th quarter. JCIC Asset Management Inc. now owns 134 shares of the credit services provider’s stock valued at $57,000 after buying an additional 34 shares during the period. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Stock Up 1.3 %

Shares of Mastercard stock traded up $5.87 during trading on Tuesday, reaching $462.62. The company had a trading volume of 2,027,850 shares, compared to its average volume of 2,400,298. The company has a market cap of $431.57 billion, a price-to-earnings ratio of 39.11, a price-to-earnings-growth ratio of 1.73 and a beta of 1.08. The firm’s fifty day moving average is $471.71 and its 200-day moving average is $435.26. 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 Incorporated has a fifty-two week low of $357.85 and a fifty-two week high of $490.00.

Mastercard (NYSE:MA) last released its quarterly earnings data 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 firm had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.46 billion. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. During the same quarter in the prior year, the business earned $2.65 earnings per share. On average, analysts anticipate that Mastercard Incorporated will post 14.35 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 9th will be paid a dividend of $0.66 per share. The ex-dividend date is Monday, April 8th. This represents a $2.64 annualized dividend and a yield of 0.57%. Mastercard’s dividend payout ratio (DPR) is 22.32%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Royal Bank of Canada boosted their price objective on shares of Mastercard from $432.00 to $499.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. The Goldman Sachs Group boosted their price objective on shares of Mastercard from $433.00 to $482.00 and gave the company a “buy” rating in a research note on Thursday, January 11th. TD Cowen initiated coverage on shares of Mastercard in a research report on Thursday, April 11th. They set a “buy” rating and a $545.00 price target for the company. KeyCorp upped their price target on shares of Mastercard from $475.00 to $490.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Finally, Susquehanna reaffirmed a “positive” rating and set a $535.00 price target on shares of Mastercard in a research report on Wednesday, April 3rd. Two analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $490.23.

Insider Buying and Selling

In related news, major shareholder Foundation Mastercard sold 111,000 shares of the stock in a transaction dated Thursday, April 18th. The shares were sold at an average price of $457.15, for a total transaction of $50,743,650.00. Following the sale, the insider now owns 97,432,308 shares in the company, valued at $44,541,179,602.20. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other Mastercard news, major shareholder Foundation Mastercard sold 111,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 18th. The shares were sold at an average price of $457.15, for a total value of $50,743,650.00. Following the sale, the insider now owns 97,432,308 shares in the company, valued at $44,541,179,602.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Michael Miebach sold 7,851 shares of the firm’s stock in a transaction that occurred on Friday, March 1st. The shares were sold at an average price of $475.92, for a total transaction of $3,736,447.92. Following the completion of the sale, the chief executive officer now owns 47,640 shares in the company, valued at approximately $22,672,828.80. The disclosure for this sale can be found here. Insiders have sold a total of 257,630 shares of company stock worth $118,303,470 over the last quarter. 0.13% of the stock is 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.