Capital Management Corp VA Has $9.80 Million Stake in Mastercard Inc (MA)

Capital Management Corp VA trimmed its stake in Mastercard Inc (NYSE:MA) by 11.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,040 shares of the credit services provider’s stock after selling 5,573 shares during the period. Mastercard makes up about 2.5% of Capital Management Corp VA’s portfolio, making the stock its 17th biggest position. Capital Management Corp VA’s holdings in Mastercard were worth $9,804,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of MA. Principal Financial Group Inc. grew its stake in Mastercard by 4.3% in the 1st quarter. Principal Financial Group Inc. now owns 2,569,086 shares of the credit services provider’s stock valued at $450,002,000 after buying an additional 105,160 shares during the last quarter. DnB Asset Management AS grew its stake in Mastercard by 4.2% in the 2nd quarter. DnB Asset Management AS now owns 112,694 shares of the credit services provider’s stock valued at $22,147,000 after buying an additional 4,500 shares during the last quarter. First American Trust FSB acquired a new position in Mastercard in the 2nd quarter valued at $201,000. IFM Investors Pty Ltd grew its stake in Mastercard by 44.5% in the 2nd quarter. IFM Investors Pty Ltd now owns 42,272 shares of the credit services provider’s stock valued at $8,307,000 after buying an additional 13,026 shares during the last quarter. Finally, Empirical Finance LLC grew its stake in Mastercard by 40.3% in the 2nd quarter. Empirical Finance LLC now owns 1,693 shares of the credit services provider’s stock valued at $333,000 after buying an additional 486 shares during the last quarter. 74.40% of the stock is owned by institutional investors and hedge funds.

MA has been the subject of a number of research reports. Zacks Investment Research downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a report on Wednesday, July 11th. Wells Fargo & Co increased their price target on shares of Mastercard from $211.00 to $227.00 and gave the company an “outperform” rating in a report on Thursday, July 12th. Oppenheimer increased their price target on shares of Mastercard from $197.00 to $215.00 and gave the company an “outperform” rating in a report on Tuesday, July 17th. Wolfe Research initiated coverage on shares of Mastercard in a report on Tuesday, July 17th. They issued an “outperform” rating for the company. Finally, Bank of America increased their price target on shares of Mastercard from $210.00 to $230.00 and gave the company a “buy” rating in a report on Tuesday, July 17th. Three investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and two have given a strong buy rating to the company’s stock. Mastercard currently has an average rating of “Buy” and an average target price of $219.24.

NYSE:MA opened at $197.72 on Friday. The stock has a market cap of $205.32 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 1.69 and a beta of 1.22. Mastercard Inc has a 52 week low of $140.61 and a 52 week high of $225.35. The company has a quick ratio of 1.51, a current ratio of 1.55 and a debt-to-equity ratio of 1.01.

Mastercard (NYSE:MA) last released its quarterly earnings data on Tuesday, October 30th. The credit services provider reported $1.78 EPS for the quarter, topping analysts’ consensus estimates of $1.68 by $0.10. The company had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.86 billion. Mastercard had a net margin of 35.88% and a return on equity of 114.58%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the firm earned $1.34 EPS. On average, equities research analysts expect that Mastercard Inc will post 6.43 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 9th. Stockholders of record on Tuesday, October 9th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.51%. The ex-dividend date of this dividend is Friday, October 5th. Mastercard’s payout ratio is 21.83%.

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.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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