Mastercard Incorporated $MA Shares Sold by Capital International Sarl

Capital International Sarl decreased its stake in Mastercard Incorporated (NYSE:MA) by 6.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,825 shares of the credit services provider’s stock after selling 6,555 shares during the period. Mastercard makes up 1.0% of Capital International Sarl’s portfolio, making the stock its 25th biggest position. Capital International Sarl’s holdings in Mastercard were worth $55,075,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of MA. Evolution Wealth Management Inc. acquired a new stake in Mastercard in the second quarter valued at approximately $29,000. Robbins Farley lifted its position in shares of Mastercard by 50.0% during the third quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 18 shares in the last quarter. Tacita Capital Inc lifted its position in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 19 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its stake in shares of Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 40 shares during the period. Finally, Sagard Holdings Management Inc. acquired a new stake in Mastercard during the 2nd quarter valued at $37,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Stock Down 0.9%

NYSE:MA opened at $517.69 on Tuesday. The company has a debt-to-equity ratio of 2.36, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $461.68 billion, a price-to-earnings ratio of 31.34, a price-to-earnings-growth ratio of 1.69 and a beta of 0.83. Mastercard Incorporated has a one year low of $465.59 and a one year high of $601.77. The stock has a 50-day simple moving average of $538.29 and a 200 day simple moving average of $556.61.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.24 by $0.52. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.The firm had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $8.80 billion. During the same quarter in the prior year, the firm posted $3.82 earnings per share. Mastercard’s revenue for the quarter was up 17.5% compared to the same quarter last year. Sell-side analysts predict 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 8th. Investors of record on Thursday, April 9th will be given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s dividend payout ratio is currently 21.07%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday. Evercore set a $610.00 target price on Mastercard in a research report on Friday, December 12th. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a research note on Friday, February 6th. Macquarie Infrastructure upped their target price on Mastercard from $660.00 to $675.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Finally, HSBC upgraded Mastercard from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 8th. Six analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mastercard currently has an average rating of “Buy” and an average target price of $670.61.

Mastercard Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.