Mastercard Incorporated $MA is Rothschild & Co Wealth Management UK Ltd’s 2nd Largest Position

Rothschild & Co Wealth Management UK Ltd grew its stake in shares of Mastercard Incorporated (NYSE:MA) by 0.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,382,548 shares of the credit services provider’s stock after buying an additional 3,902 shares during the period. Mastercard accounts for about 12.4% of Rothschild & Co Wealth Management UK Ltd’s investment portfolio, making the stock its 2nd largest position. Rothschild & Co Wealth Management UK Ltd’s holdings in Mastercard were worth $789,269,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Robbins Farley boosted its holdings in shares of Mastercard by 50.0% during the 3rd quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 18 shares during the last quarter. Tacita Capital Inc increased its holdings in shares of Mastercard by 50.0% in 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 during the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings 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 worth $32,000 after purchasing an additional 40 shares during the last quarter. Dagco Inc. lifted its position in shares of Mastercard by 200.0% in the fourth quarter. Dagco Inc. now owns 66 shares of the credit services provider’s stock worth $38,000 after buying an additional 44 shares in the last quarter. Finally, TruNorth Capital Management LLC purchased a new stake in shares of Mastercard in the third quarter worth about $46,000. Institutional investors own 97.28% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Cantor Fitzgerald upgraded Mastercard to a “strong-buy” rating in a report on Tuesday, January 27th. Rothschild & Co Redburn set a $685.00 target price on Mastercard in a research report on Wednesday, January 28th. Evercore reissued a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Compass Point upgraded shares of Mastercard from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $620.00 to $735.00 in a research report on Tuesday, January 13th. Finally, Truist Financial set a $611.00 price target on shares of Mastercard in a research note on Tuesday, February 10th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Mastercard currently has an average rating of “Buy” and a consensus target price of $659.81.

Mastercard Trading Down 0.3%

Shares of MA stock opened at $509.83 on Thursday. The company has a market cap of $454.67 billion, a PE ratio of 30.86, a price-to-earnings-growth ratio of 1.64 and a beta of 0.83. Mastercard Incorporated has a 1 year low of $480.50 and a 1 year high of $601.77. The stock’s 50 day simple moving average is $508.40 and its two-hundred day simple moving average is $538.62. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.03 and a quick ratio of 1.03.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, January 29th. The credit services provider reported $4.76 EPS for the quarter, topping analysts’ consensus estimates of $4.24 by $0.52. The firm had revenue of $8.81 billion during the quarter, compared to analysts’ expectations of $8.80 billion. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.The company’s quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.82 EPS. Research analysts predict that Mastercard Incorporated will post 19.52 earnings per share for the current year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s payout ratio is presently 21.07%.

About Mastercard

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.