Mastercard Incorporated (NYSE:MA) Shares Purchased by Cozad Asset Management Inc.

Cozad Asset Management Inc. grew its holdings in shares of Mastercard Incorporated (NYSE:MA) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,304 shares of the credit services provider’s stock after purchasing an additional 337 shares during the period. Mastercard accounts for 1.3% of Cozad Asset Management Inc.’s portfolio, making the stock its 16th biggest position. Cozad Asset Management Inc.’s holdings in Mastercard were worth $11,219,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Cypress Wealth Services LLC grew its stake in Mastercard by 2.9% during the 4th quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock worth $369,000 after buying an additional 24 shares during the last quarter. Syntegra Private Wealth Group LLC increased its position in Mastercard by 1.2% in the 4th quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock valued at $851,000 after acquiring an additional 24 shares during the period. TRUE Private Wealth Advisors raised its stake in Mastercard by 2.4% during the 4th quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock valued at $442,000 after acquiring an additional 24 shares in the last quarter. Indiana Trust & Investment Management CO boosted its position in Mastercard by 4.4% during the 4th quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock worth $255,000 after acquiring an additional 25 shares during the period. Finally, Tufton Capital Management grew its position in Mastercard by 4.5% in the 4th quarter. Tufton Capital Management now owns 604 shares of the credit services provider’s stock valued at $258,000 after buying an additional 26 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. William Blair reiterated an “outperform” rating on shares of Mastercard in a report on Wednesday, January 31st. Evercore ISI raised their target price on shares of Mastercard from $530.00 to $545.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. Wells Fargo & Company lifted their price target on shares of Mastercard from $490.00 to $530.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 6th. KeyCorp increased their price objective on Mastercard from $475.00 to $490.00 and gave the company an “overweight” rating in a research report on Thursday, February 1st. Finally, Raymond James lifted their target price on Mastercard from $452.00 to $504.00 and gave the stock an “outperform” rating in a 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 assigned a strong buy rating to the stock. Based on data from MarketBeat, Mastercard has an average rating of “Moderate Buy” and an average price target of $490.23.

Mastercard Stock Down 0.9 %

NYSE:MA traded down $4.12 during trading hours on Tuesday, reaching $452.98. The company’s stock had a trading volume of 893,753 shares, compared to its average volume of 2,387,651. The company has a debt-to-equity ratio of 2.06, a current ratio of 1.17 and a quick ratio of 1.17. The company has a market cap of $422.58 billion, a price-to-earnings ratio of 38.37, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08. Mastercard Incorporated has a one year low of $357.85 and a one year high of $490.00. The business’s 50-day moving average is $471.13 and its 200-day moving average is $437.01.

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

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 9th will be given a $0.66 dividend. The ex-dividend date of this dividend is Monday, April 8th. This represents a $2.64 annualized dividend and a yield of 0.58%. Mastercard’s dividend payout ratio is 22.32%.

Insider Activity at Mastercard

In other Mastercard news, 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 completion of the transaction, the insider now directly owns 46,491 shares in the company, valued at $21,388,649.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Mastercard news, CEO Michael Miebach sold 7,851 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $475.92, for a total value of $3,736,447.92. Following the sale, the chief executive officer now directly owns 47,640 shares in the company, valued at $22,672,828.80. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Craig Vosburg sold 13,542 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The shares were sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the completion of the transaction, the insider now owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The disclosure for this sale can be found here. Insiders have sold 480,630 shares of company stock worth $221,479,470 over the last three months. Company 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.