Mastercard Incorporated $MA Shares Sold by 111 Capital

111 Capital lowered its stake in Mastercard Incorporated (NYSE:MA) by 80.1% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 2,047 shares of the credit services provider’s stock after selling 8,243 shares during the quarter. 111 Capital’s holdings in Mastercard were worth $1,164,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Mastercard by 42.3% during the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after acquiring an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. raised its stake in Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after purchasing an additional 200 shares during the last quarter. Firetrail Investments PTY Ltd. purchased a new position in Mastercard in the 2nd quarter valued at $18,901,000. Triglav Investments D.O.O. boosted its stake in Mastercard by 5.6% during the 2nd quarter. Triglav Investments D.O.O. now owns 45,783 shares of the credit services provider’s stock worth $25,725,000 after purchasing an additional 2,425 shares during the last quarter. Finally, Zweig DiMenna Associates LLC grew its holdings in shares of Mastercard by 2.0% during the second quarter. Zweig DiMenna Associates LLC now owns 17,800 shares of the credit services provider’s stock worth $10,003,000 after buying an additional 350 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Price Performance

NYSE:MA opened at $515.92 on Monday. Mastercard Incorporated has a 52 week low of $465.59 and a 52 week high of $601.77. The stock’s fifty day moving average is $545.00 and its two-hundred day moving average is $559.33. The company has a market capitalization of $460.11 billion, a P/E ratio of 31.23, a P/E/G ratio of 1.67 and a beta of 0.83. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.36.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.24 by $0.52. The firm had revenue of $8.81 billion during the quarter, compared to the consensus estimate of $8.80 billion. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.The company’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period last year, the company earned $3.82 EPS. Equities analysts expect that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be given a dividend of $0.87 per share. The ex-dividend date is Thursday, April 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is currently 21.07%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on MA shares. Macquarie Infrastructure raised their price target on shares of Mastercard from $660.00 to $675.00 and gave the stock an “outperform” rating in a research note on Friday, January 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $656.00 target price on shares of Mastercard in a research note on Friday, January 30th. Raymond James Financial lowered their target price on Mastercard from $707.00 to $631.00 and set an “outperform” rating on the stock in a report on Thursday, January 29th. Tigress Financial increased their price target on Mastercard from $685.00 to $730.00 and gave the company a “strong-buy” rating in a report on Thursday, November 6th. Finally, HSBC upgraded Mastercard from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Six research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $669.27.

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.