Mastercard Incorporated (NYSE:MA) Stock Holdings Increased by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC boosted its position in Mastercard Incorporated (NYSE:MA) by 11.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,535 shares of the credit services provider’s stock after buying an additional 159 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in Mastercard were worth $655,000 at the end of the most recent quarter.

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

Mastercard Stock Up 0.1 %

NYSE:MA traded up $0.31 during trading hours on Friday, hitting $462.42. 1,963,273 shares of the stock traded hands, compared to its average volume of 2,212,406. The firm has a 50 day moving average price of $471.35 and a 200 day moving average price of $436.10. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.06. Mastercard Incorporated has a fifty-two week low of $357.85 and a fifty-two week high of $490.00. The firm has a market cap of $431.39 billion, a price-to-earnings ratio of 39.09, a PEG ratio of 1.75 and a beta of 1.08.

Mastercard (NYSE:MA) last announced its earnings results on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.10. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. The company had revenue of $6.55 billion for the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the previous year, the business earned $2.65 EPS. Equities research analysts anticipate that Mastercard Incorporated will post 14.35 earnings per share for the current year.

Mastercard Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MA shares. BMO Capital Markets boosted their price objective on Mastercard from $480.00 to $490.00 and gave the stock an “outperform” rating in a research report on Thursday, February 1st. Mizuho restated a “buy” rating and issued a $480.00 target price on shares of Mastercard in a research report on Wednesday, March 27th. KeyCorp upped their target price on Mastercard from $475.00 to $490.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Robert W. Baird upped their target price on Mastercard from $525.00 to $545.00 and gave the stock an “outperform” rating in a research report on Thursday, April 18th. Finally, Oppenheimer restated an “outperform” rating and issued a $510.00 target price on shares of Mastercard in a research report on Thursday, February 1st. Two analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Mastercard presently has a consensus rating of “Moderate Buy” and an average price target of $490.23.

Insider Buying and Selling

In related news, major shareholder Foundation Mastercard sold 200 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $487.25, for a total transaction of $97,450.00. Following the completion of the sale, the insider now directly owns 97,543,308 shares in the company, valued at $47,527,976,823. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In other Mastercard news, major shareholder Foundation Mastercard sold 200 shares of the stock in a transaction on Thursday, March 21st. The shares were sold at an average price of $487.25, for a total transaction of $97,450.00. Following the transaction, the insider now directly owns 97,543,308 shares of the company’s stock, valued at $47,527,976,823. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Craig Vosburg sold 13,542 shares of the stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the transaction, the insider now directly owns 46,491 shares in the company, valued at $21,388,649.46. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 366,630 shares of company stock worth $168,746,490. Corporate insiders own 0.13% of the company’s stock.

About Mastercard

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.