O Dell Group LLC Sells 100 Shares of Mastercard Incorporated (NYSE:MA)

O Dell Group LLC trimmed its stake in shares of Mastercard Incorporated (NYSE:MA) by 18.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 447 shares of the credit services provider’s stock after selling 100 shares during the quarter. O Dell Group LLC’s holdings in Mastercard were worth $235,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of MA. Swedbank AB grew its position in shares of Mastercard by 14.8% in the 3rd quarter. Swedbank AB now owns 1,874,568 shares of the credit services provider’s stock worth $925,662,000 after buying an additional 241,297 shares during the last quarter. Principal Financial Group Inc. grew its position in shares of Mastercard by 4.8% in the 3rd quarter. Principal Financial Group Inc. now owns 3,031,915 shares of the credit services provider’s stock worth $1,497,160,000 after buying an additional 138,842 shares during the last quarter. XML Financial LLC grew its position in shares of Mastercard by 43.3% in the 3rd quarter. XML Financial LLC now owns 993 shares of the credit services provider’s stock worth $491,000 after buying an additional 300 shares during the last quarter. Baker Avenue Asset Management LP grew its position in shares of Mastercard by 77.4% in the 3rd quarter. Baker Avenue Asset Management LP now owns 1,783 shares of the credit services provider’s stock worth $880,000 after buying an additional 778 shares during the last quarter. Finally, Ashton Thomas Securities LLC grew its position in shares of Mastercard by 32.5% in the 3rd quarter. Ashton Thomas Securities LLC now owns 853 shares of the credit services provider’s stock worth $421,000 after buying an additional 209 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors.

Mastercard Stock Down 2.0 %

MA stock opened at $535.80 on Tuesday. Mastercard Incorporated has a 1-year low of $428.86 and a 1-year high of $582.23. The business has a fifty day moving average price of $545.35 and a 200-day moving average price of $521.61. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $488.49 billion, a P/E ratio of 38.57, a P/E/G ratio of 2.37 and a beta of 1.10.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 EPS for the quarter, topping 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%. Equities analysts forecast that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard announced that its Board of Directors has approved a stock buyback program on Tuesday, December 17th that permits the company to repurchase $12.00 billion in shares. This repurchase authorization permits the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be issued a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Wednesday, April 9th. Mastercard’s payout ratio is currently 21.89%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MA shares. Morgan Stanley cut their price objective on Mastercard from $654.00 to $644.00 and set an “overweight” rating on the stock in a research report on Friday, January 31st. KeyCorp raised their target price on Mastercard from $600.00 to $630.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Keefe, Bruyette & Woods raised their target price on Mastercard from $618.00 to $665.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. TD Cowen raised their target price on Mastercard from $533.00 to $567.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Susquehanna raised their target price on Mastercard from $605.00 to $670.00 and gave the company a “positive” rating in a research note on Friday, January 31st. Four analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $606.11.

Mastercard Company 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.