Capital Advisors Ltd. LLC Buys 32 Shares of Mastercard Incorporated (NYSE:MA)

Capital Advisors Ltd. LLC raised its stake in Mastercard Incorporated (NYSE:MA) by 1.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,368 shares of the credit services provider’s stock after acquiring an additional 32 shares during the period. Capital Advisors Ltd. LLC’s holdings in Mastercard were worth $1,247,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highline Wealth Partners LLC purchased a new position in shares of Mastercard in the third quarter worth $25,000. Marshall Investment Management LLC bought a new stake in Mastercard in the 4th quarter worth about $30,000. First Personal Financial Services purchased a new position in Mastercard in the 3rd quarter worth about $39,000. FPC Investment Advisory Inc. lifted its stake in Mastercard by 483.3% during the 4th quarter. FPC Investment Advisory Inc. now owns 70 shares of the credit services provider’s stock valued at $39,000 after acquiring an additional 58 shares during the period. Finally, FSA Wealth Management LLC purchased a new stake in shares of Mastercard during the 3rd quarter valued at about $54,000. 97.28% of the stock is currently owned by institutional investors.

Mastercard Trading Down 1.0 %

Mastercard stock opened at $557.44 on Monday. 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 firm’s 50 day moving average price is $538.98 and its 200-day moving average price is $514.23. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $576.94. The stock has a market cap of $508.22 billion, a P/E ratio of 40.13, a PEG ratio of 2.37 and a beta of 1.10.

Mastercard (NYSE:MA) last announced its quarterly earnings results 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 net margin of 45.71% and a return on equity of 188.47%. On average, equities analysts predict that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Wednesday, April 9th. Mastercard’s payout ratio is presently 21.89%.

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

Analysts Set New Price Targets

MA has been the topic of a number of research analyst reports. Piper Sandler restated an “overweight” rating and set a $635.00 price objective (up previously from $591.00) on shares of Mastercard in a research report on Friday, January 31st. Macquarie boosted their target price on shares of Mastercard from $565.00 to $645.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Barclays lifted their price objective on Mastercard from $595.00 to $650.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Susquehanna increased their target price on Mastercard from $605.00 to $670.00 and gave the company a “positive” rating in a report on Friday, January 31st. Finally, Royal Bank of Canada boosted their price target on Mastercard from $572.00 to $650.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $606.11.

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.