1,018 Shares in Mastercard Incorporated (NYSE:MA) Acquired by Pandora Wealth Inc.

Key Points

• Pandora Wealth Inc. acquired 1,018 shares of Mastercard, valued at approximately $558,000, as reported in their Form 13F filing with the SEC.
• Mastercard's quarterly earnings showed a notable EPS of $4.15, surpassing expectations and indicating a 16.8% revenue increase from the previous year.
• The company declared a quarterly dividend of $0.76 per share, representing an annualized yield of 0.5% and a dividend payout ratio of 20.50%.

Pandora Wealth Inc. bought a new stake in shares of Mastercard Incorporated (NYSE:MA - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 1,018 shares of the credit services provider's stock, valued at approximately $558,000.

A number of other institutional investors also recently modified their holdings of MA. GAMMA Investing LLC boosted its stake in shares of Mastercard by 65,631.5% during the 1st quarter. GAMMA Investing LLC now owns 8,225,637 shares of the credit services provider's stock valued at $4,508,636,000 after buying an additional 8,213,123 shares during the period. Northern Trust Corp boosted its stake in shares of Mastercard by 15.2% during the 4th quarter. Northern Trust Corp now owns 9,149,181 shares of the credit services provider's stock valued at $4,817,684,000 after buying an additional 1,207,787 shares during the period. Sanders Capital LLC acquired a new stake in shares of Mastercard during the 4th quarter valued at $617,303,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Mastercard during the 4th quarter valued at $561,313,000. Finally, Demars Financial Group LLC boosted its stake in shares of Mastercard by 50,438.6% during the 4th quarter. Demars Financial Group LLC now owns 981,460 shares of the credit services provider's stock valued at $516,807,000 after buying an additional 979,518 shares during the period. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Stock Performance

NYSE:MA opened at $574.42 on Friday. Mastercard Incorporated has a 12-month low of $453.46 and a 12-month high of $594.71. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 2.41. The firm has a market capitalization of $523.70 billion, a PE ratio of 38.73, a price-to-earnings-growth ratio of 2.30 and a beta of 1.03. The firm has a 50-day moving average price of $563.90 and a 200 day moving average price of $553.24.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The credit services provider reported $4.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.05 by $0.10. Mastercard had a net margin of 44.93% and a return on equity of 200.01%. The firm had revenue of $8.13 billion during the quarter, compared to analyst estimates of $7.95 billion. During the same quarter in the prior year, the business posted $3.50 earnings per share. The company's quarterly revenue was up 16.8% compared to the same quarter last year. Research analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 8th. Investors of record on Wednesday, July 9th were given a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Wednesday, July 9th. Mastercard's dividend payout ratio is 20.50%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on MA. Royal Bank Of Canada lifted their price objective on shares of Mastercard from $650.00 to $656.00 and gave the company an "outperform" rating in a research note on Friday, August 1st. UBS Group lifted their price objective on shares of Mastercard from $660.00 to $670.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Wells Fargo & Company lifted their price objective on shares of Mastercard from $625.00 to $650.00 and gave the company an "overweight" rating in a research note on Friday, August 1st. Seaport Res Ptn raised shares of Mastercard from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 14th. Finally, Truist Financial reduced their price objective on shares of Mastercard from $640.00 to $612.00 and set a "buy" rating for the company in a research note on Thursday, July 17th. Five analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, Mastercard presently has an average rating of "Moderate Buy" and an average price target of $615.33.

Insider Buying and Selling at Mastercard

In other Mastercard news, insider Craig Vosburg sold 14,051 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $585.05, for a total transaction of $8,220,537.55. Following the sale, the insider directly owned 58,451 shares of the company's stock, valued at approximately $34,196,757.55. This represents a 19.38% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Raj Seshadri sold 1,100 shares of the company's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $546.77, for a total transaction of $601,447.00. Following the sale, the insider directly owned 12,921 shares in the company, valued at $7,064,815.17. This represents a 7.85% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 38,603 shares of company stock worth $20,265,667. 0.09% of the stock is currently owned by company insiders.

Mastercard Company 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.

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