Dohj LLC Has $792,000 Position in Mastercard Incorporated $MA

Dohj LLC lessened its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 40.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,495 shares of the credit services provider's stock after selling 1,001 shares during the quarter. Dohj LLC's holdings in Mastercard were worth $792,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of Mastercard by 0.5% in the first quarter. Vanguard Group Inc. now owns 77,544,675 shares of the credit services provider's stock worth $42,503,787,000 after purchasing an additional 365,537 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Mastercard in the second quarter worth $11,421,213,000. Price T Rowe Associates Inc. MD lifted its position in shares of Mastercard by 4.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 20,096,979 shares of the credit services provider's stock worth $11,015,557,000 after purchasing an additional 907,184 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Mastercard by 38.6% in the first quarter. Wellington Management Group LLP now owns 13,526,118 shares of the credit services provider's stock worth $7,413,936,000 after purchasing an additional 3,765,378 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Mastercard in the first quarter worth $4,238,764,000. Institutional investors and hedge funds own 97.28% of the company's stock.

Mastercard Price Performance

Shares of MA opened at $576.40 on Thursday. The firm has a market capitalization of $521.07 billion, a PE ratio of 38.87, a PEG ratio of 2.38 and a beta of 0.97. The company's 50-day moving average is $581.11 and its 200-day moving average is $562.55. Mastercard Incorporated has a fifty-two week low of $465.59 and a fifty-two week high of $601.77. The company has a debt-to-equity ratio of 2.41, a current ratio of 1.16 and a quick ratio of 1.16.

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

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 7th. Stockholders of record on Thursday, October 9th will be given a $0.76 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a $3.04 annualized dividend and a dividend yield of 0.5%. Mastercard's dividend payout ratio is presently 20.50%.

Insider Buying and Selling at Mastercard

In related news, CFO J. Mehra Sachin sold 17,816 shares of the company's stock in a transaction dated Tuesday, August 19th. The shares were sold at an average price of $586.89, for a total value of $10,456,032.24. Following the transaction, the chief financial officer directly owned 31,234 shares in the company, valued at approximately $18,330,922.26. This represents a 36.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.09% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on MA shares. Weiss Ratings reissued a "buy (b)" rating on shares of Mastercard in a research report on Wednesday. Seaport Res Ptn raised shares of Mastercard from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 14th. Wolfe Research set a $655.00 price target on shares of Mastercard in a research report on Monday, June 23rd. TD Cowen reaffirmed a "buy" rating and set a $645.00 price target on shares of Mastercard in a research report on Monday, August 11th. Finally, Royal Bank Of Canada upped their price target on shares of Mastercard from $650.00 to $656.00 and gave the stock an "outperform" rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $634.04.

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.

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