Mastercard Incorporated (NYSE:MA) is Roman Butler Fullerton & Co.’s 5th Largest Position

Roman Butler Fullerton & Co. grew its position in shares of Mastercard Incorporated (NYSE:MA) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,316 shares of the credit services provider’s stock after purchasing an additional 592 shares during the period. Mastercard makes up about 3.0% of Roman Butler Fullerton & Co.’s holdings, making the stock its 5th largest holding. Roman Butler Fullerton & Co.’s holdings in Mastercard were worth $7,593,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of MA. Cypress Wealth Services LLC raised its position in Mastercard by 2.9% in the fourth quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock valued at $369,000 after purchasing an additional 24 shares during the period. Syntegra Private Wealth Group LLC lifted its position in Mastercard by 1.2% during the 4th quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock worth $851,000 after acquiring an additional 24 shares in the last quarter. TRUE Private Wealth Advisors boosted its holdings in Mastercard by 2.4% in the 4th quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock worth $442,000 after acquiring an additional 24 shares during the period. Indiana Trust & Investment Management CO grew its position in Mastercard by 4.4% in the fourth quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock valued at $255,000 after acquiring an additional 25 shares in the last quarter. Finally, Cassia Capital Partners LLC raised its stake in shares of Mastercard by 2.1% during the third quarter. Cassia Capital Partners LLC now owns 1,240 shares of the credit services provider’s stock valued at $491,000 after purchasing an additional 26 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, major shareholder Foundation Mastercard sold 200 shares of the business’s stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $487.25, for a total value of $97,450.00. Following the sale, the insider now owns 97,543,308 shares of the company’s stock, valued at approximately $47,527,976,823. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, major shareholder Foundation Mastercard sold 200 shares of Mastercard stock in a transaction that occurred on Thursday, March 21st. The shares were sold at an average price of $487.25, for a total value of $97,450.00. Following the transaction, the insider now owns 97,543,308 shares of the company’s stock, valued at approximately $47,527,976,823. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Ajay Bhalla sold 4,000 shares of the stock in a transaction that occurred on Friday, January 19th. The shares were sold at an average price of $435.00, for a total transaction of $1,740,000.00. Following the sale, the insider now directly owns 6,235 shares of the company’s stock, valued at $2,712,225. The disclosure for this sale can be found here. Insiders sold 41,728 shares of company stock worth $19,479,753 over the last ninety days. Company insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

MA has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised their price target on shares of Mastercard from $433.00 to $482.00 and gave the company a “buy” rating in a report on Thursday, January 11th. Evercore ISI boosted their target price on shares of Mastercard from $530.00 to $545.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 26th. Mizuho reaffirmed a “buy” rating and set a $480.00 price target on shares of Mastercard in a research report on Wednesday, March 27th. TD Cowen initiated coverage on Mastercard in a research note on Thursday, April 11th. They set a “buy” rating and a $545.00 price objective on the stock. Finally, Robert W. Baird lifted their target price on Mastercard from $525.00 to $545.00 and gave the stock an “outperform” rating in a research report on Thursday. Two research analysts have rated the stock with a hold rating, twenty-two have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Mastercard currently has an average rating of “Moderate Buy” and an average price target of $490.23.

Mastercard Stock Performance

MA stock traded down $1.27 during trading on Thursday, reaching $458.89. 251,986 shares of the company’s stock were exchanged, compared to its average volume of 2,382,021. The firm has a market cap of $428.09 billion, a PE ratio of 38.89, a P/E/G ratio of 1.74 and a beta of 1.08. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.06. Mastercard Incorporated has a 1-year low of $357.85 and a 1-year high of $490.00. The company’s fifty day moving average price is $471.83 and its 200-day moving average price is $433.21.

Mastercard (NYSE:MA) last announced 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 firm had revenue of $6.55 billion during the quarter, compared to analyst estimates of $6.46 billion. During the same quarter in the prior year, the firm posted $2.65 EPS. On average, research analysts expect that Mastercard Incorporated will post 14.36 EPS for the current fiscal year.

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Tuesday, April 9th will be issued a dividend of $0.66 per share. The ex-dividend date is Monday, April 8th. This represents a $2.64 annualized dividend and a yield of 0.58%. Mastercard’s payout ratio is 22.32%.

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.