Mastercard Incorporated $MA Position Increased by Compound Planning Inc.

Key Points

• Compound Planning Inc. increased its stake in Mastercard by 13.8%, acquiring additional shares to hold a total of 13,176 shares valued at approximately $7.22 million.
• Several institutional investors, including GAMMA Investing LLC and Wellington Management Group LLP, significantly increased their positions in Mastercard during the first quarter, indicating strong interest in the stock.
• Mastercard recently reported $4.15 EPS for the quarter, exceeding analyst expectations, and announced a quarterly dividend of $0.76, reflecting a payout ratio of 20.50%.

Compound Planning Inc. increased its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 13.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,176 shares of the credit services provider's stock after purchasing an additional 1,597 shares during the period. Compound Planning Inc.'s holdings in Mastercard were worth $7,222,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in MA. GAMMA Investing LLC increased its position in Mastercard by 65,631.5% in 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 acquiring an additional 8,213,123 shares during the period. Nuveen LLC acquired a new stake in Mastercard in the 1st quarter valued at approximately $4,238,764,000. Wellington Management Group LLP increased its position in Mastercard by 38.6% in the 1st quarter. Wellington Management Group LLP now owns 13,526,118 shares of the credit services provider's stock valued at $7,413,936,000 after acquiring an additional 3,765,378 shares during the period. Northern Trust Corp increased its position in Mastercard by 15.2% in 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 acquiring an additional 1,207,787 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Mastercard in the 4th quarter valued at approximately $561,313,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

MA has been the topic of several analyst reports. TD Cowen restated a "buy" rating and issued a $645.00 target price on shares of Mastercard in a research report on Monday, August 11th. KeyCorp raised their target price on Mastercard from $635.00 to $660.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. The Goldman Sachs Group restated a "buy" rating on shares of Mastercard in a research report on Friday, August 1st. Wall Street Zen upgraded Mastercard from a "hold" rating to a "buy" rating in a research report on Friday, July 18th. Finally, Seaport Res Ptn raised Mastercard from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 14th. Two analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $617.93.

Insiders Place Their Bets

In other news, insider Linda Pistecchia Kirkpatrick sold 958 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $560.00, for a total value of $536,480.00. Following the completion of the sale, the insider owned 23,624 shares of the company's stock, valued at $13,229,440. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Raj Seshadri sold 1,100 shares of Mastercard stock in a transaction on Friday, June 27th. The shares were sold at an average price of $546.77, for a total value of $601,447.00. Following the sale, the insider directly owned 12,921 shares of the company's stock, valued at approximately $7,064,815.17. The trade was a 7.85% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 56,269 shares of company stock valued at $30,634,699 over the last quarter. 0.09% of the stock is owned by insiders.

Mastercard Stock Performance

Shares of NYSE MA opened at $591.4220 on Friday. 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 stock has a market capitalization of $534.65 billion, a price-to-earnings ratio of 39.88, a PEG ratio of 2.43 and a beta of 1.03. The stock's fifty day simple moving average is $563.30 and its 200 day simple moving average is $555.47. Mastercard Incorporated has a 52-week low of $461.90 and a 52-week high of $594.71.

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

Mastercard Announces Dividend

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

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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