Caxton Associates LP Has $1.79 Million Stock Position in Mastercard Incorporated (NYSE:MA)

Caxton Associates LP grew its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 344.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,397 shares of the credit services provider's stock after buying an additional 2,632 shares during the quarter. Caxton Associates LP's holdings in Mastercard were worth $1,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Whalerock Point Partners LLC raised its stake in shares of Mastercard by 1.3% in the 4th quarter. Whalerock Point Partners LLC now owns 14,678 shares of the credit services provider's stock valued at $7,729,000 after acquiring an additional 185 shares in the last quarter. Cardano Risk Management B.V. lifted its stake in shares of Mastercard by 2.7% in the fourth quarter. Cardano Risk Management B.V. now owns 368,690 shares of the credit services provider's stock worth $194,141,000 after buying an additional 9,611 shares during the last quarter. Dock Street Asset Management Inc. lifted its stake in shares of Mastercard by 4.5% in the fourth quarter. Dock Street Asset Management Inc. now owns 68,237 shares of the credit services provider's stock worth $35,932,000 after buying an additional 2,931 shares during the last quarter. Nordea Investment Management AB boosted its holdings in shares of Mastercard by 15.6% during the 4th quarter. Nordea Investment Management AB now owns 2,510,756 shares of the credit services provider's stock worth $1,325,353,000 after buying an additional 337,905 shares during the period. Finally, Principal Financial Group Inc. grew its stake in 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 valued at $1,497,160,000 after buying an additional 138,842 shares during the last quarter. Institutional investors own 97.28% of the company's stock.

Mastercard Price Performance

NYSE:MA traded up $1.26 during mid-day trading on Friday, reaching $568.38. 1,527,967 shares of the company were exchanged, compared to its average volume of 2,605,220. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The stock has a market cap of $518.20 billion, a PE ratio of 40.92, a PEG ratio of 2.37 and a beta of 1.06. Mastercard Incorporated has a 12 month low of $428.86 and a 12 month high of $582.23. The company has a fifty day moving average of $531.90 and a 200 day moving average of $532.71.

Mastercard (NYSE:MA - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The credit services provider reported $3.73 EPS for the quarter, beating the consensus estimate of $3.57 by $0.16. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. The business had revenue of $7.25 billion for the quarter, compared to analysts' expectations of $7.12 billion. During the same period in the prior year, the firm earned $3.31 earnings per share. Mastercard's revenue was up 14.2% compared to the same quarter last year. On average, research analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 9th. Stockholders of record on Wednesday, April 9th will be paid a dividend of $0.76 per share. This represents a $3.04 annualized dividend and a dividend yield of 0.53%. The ex-dividend date is Wednesday, April 9th. Mastercard's dividend payout ratio (DPR) is presently 21.32%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on MA shares. The Goldman Sachs Group restated a "buy" rating and set a $633.00 price target on shares of Mastercard in a report on Wednesday, April 2nd. Macquarie lowered their target price on Mastercard from $645.00 to $610.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Tigress Financial reaffirmed a "strong-buy" rating on shares of Mastercard in a research report on Monday, March 10th. Royal Bank of Canada increased their price objective on Mastercard from $572.00 to $650.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Finally, Evercore ISI began coverage on shares of Mastercard in a research report on Wednesday, April 9th. They set an "in-line" rating and a $550.00 target price on the stock. Six research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $606.25.

Insider Activity at Mastercard

In other news, CEO Michael Miebach sold 15,775 shares of the company's stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $550.16, for a total value of $8,678,774.00. Following the completion of the sale, the chief executive officer now directly owns 84,871 shares of the company's stock, valued at $46,692,629.36. This represents a 15.67 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Edward Grunde Mclaughlin sold 7,132 shares of the business's stock in a transaction that occurred on Wednesday, March 19th. The shares were sold at an average price of $534.68, for a total transaction of $3,813,337.76. Following the transaction, the insider now owns 34,524 shares of the company's stock, valued at approximately $18,459,292.32. This represents a 17.12 % decrease in their position. The disclosure for this sale can be found here. 0.10% of the stock is owned by company insiders.

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.