Compass Capital Corp MA ADV Acquires New Stake in Mastercard Incorporated (NYSE:MA)

Compass Capital Corp MA ADV acquired a new stake in Mastercard Incorporated (NYSE:MA) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,685 shares of the credit services provider’s stock, valued at approximately $888,000.

Other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC acquired a new stake in Mastercard in the 3rd quarter valued at $25,000. First Personal Financial Services acquired a new stake in Mastercard in the 3rd quarter valued at $39,000. Legacy Investment Solutions LLC acquired a new stake in Mastercard in the 3rd quarter valued at $55,000. Lowe Wealth Advisors LLC increased its stake in Mastercard by 24.1% in the 4th quarter. Lowe Wealth Advisors LLC now owns 108 shares of the credit services provider’s stock valued at $57,000 after buying an additional 21 shares during the last quarter. Finally, FSA Wealth Management LLC acquired a new stake in Mastercard in the 3rd quarter valued at $54,000. 97.28% of the stock is owned by institutional investors.

Mastercard Stock Performance

NYSE MA opened at $563.61 on Friday. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The company has a market capitalization of $517.30 billion, a P/E ratio of 40.58, a P/E/G ratio of 2.39 and a beta of 1.10. Mastercard Incorporated has a 12-month low of $428.86 and a 12-month high of $576.94. The firm has a 50-day moving average price of $538.41 and a two-hundred day moving average price of $512.53.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.71 by $0.11. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. Analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current year.

Mastercard announced that its Board of Directors has authorized a share buyback program on Tuesday, December 17th that permits the company to buyback $12.00 billion in shares. This buyback authorization permits the credit services provider to reacquire up to 2.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be issued a $0.76 dividend. This represents a $3.04 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date is Wednesday, April 9th. Mastercard’s dividend payout ratio is currently 21.89%.

Analyst Ratings Changes

Several brokerages have issued reports on MA. Tigress Financial lifted their price target on shares of Mastercard from $550.00 to $685.00 and gave the company a “strong-buy” rating in a research note on Thursday, February 13th. Wells Fargo & Company lifted their price target on shares of Mastercard from $585.00 to $625.00 and gave the company an “overweight” rating in a research note on Tuesday, February 4th. Piper Sandler reiterated an “overweight” rating and issued a $635.00 price target (up from $591.00) on shares of Mastercard in a research note on Friday, January 31st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Mastercard from $510.00 to $580.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. Finally, Monness Crespi & Hardt upgraded shares of Mastercard from a “neutral” rating to a “buy” rating and set a $640.00 price objective on the stock in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $606.11.

Mastercard 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.