Militia Capital Partners LP Buys Shares of 1,800 Mastercard Incorporated $MA

Militia Capital Partners LP acquired a new position in Mastercard Incorporated (NYSE:MA) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 1,800 shares of the credit services provider’s stock, valued at approximately $1,028,000.

Several other hedge funds also recently made changes to their positions in MA. Brighton Jones LLC grew its stake in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after purchasing an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in shares of Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after purchasing an additional 200 shares during the last quarter. Betterment LLC grew its stake in shares of Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after purchasing an additional 58 shares during the last quarter. Worldquant Millennium Advisors LLC grew its stake in shares of Mastercard by 35.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after purchasing an additional 178,387 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of Mastercard in the second quarter worth about $431,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Performance

Shares of MA opened at $501.00 on Wednesday. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $442.67 billion, a price-to-earnings ratio of 28.99, a PEG ratio of 1.53 and a beta of 0.74. The company has a 50-day moving average of $499.39 and a two-hundred day moving average of $522.78. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company posted $3.73 earnings per share. On average, equities research analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be issued 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 is Thursday, July 9th. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

Analyst Ratings Changes

Several brokerages have commented on MA. Dbs Bank upgraded shares of Mastercard to a “moderate buy” rating in a report on Friday, March 27th. UBS Group decreased their target price on shares of Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a report on Friday, May 1st. Wolfe Research reiterated an “outperform” rating on shares of Mastercard in a report on Tuesday, March 17th. Evercore reiterated a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Finally, Truist Financial decreased their target price on shares of Mastercard from $590.00 to $561.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $656.04.

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.