Park Capital Management LLC WI Acquires Shares of 1,473 Mastercard Incorporated (NYSE:MA)

Park Capital Management LLC WI bought a new position in shares of Mastercard Incorporated (NYSE:MA) during the 4th quarter, Holdings Channel.com reports. The fund bought 1,473 shares of the credit services provider’s stock, valued at approximately $776,000. Mastercard accounts for 0.9% of Park Capital Management LLC WI’s holdings, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MA. Capital Investment Advisory Services LLC raised its holdings in Mastercard by 0.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 3,135 shares of the credit services provider’s stock worth $1,651,000 after buying an additional 19 shares during the last quarter. Capital Investment Services of America Inc. raised its holdings in shares of Mastercard by 4.2% in the fourth quarter. Capital Investment Services of America Inc. now owns 475 shares of the credit services provider’s stock valued at $250,000 after purchasing an additional 19 shares during the last quarter. Augustine Asset Management Inc. raised its holdings in shares of Mastercard by 1.1% in the fourth quarter. Augustine Asset Management Inc. now owns 1,797 shares of the credit services provider’s stock valued at $946,000 after purchasing an additional 19 shares during the last quarter. Goldstein Advisors LLC raised its holdings in shares of Mastercard by 1.3% in the third quarter. Goldstein Advisors LLC now owns 1,516 shares of the credit services provider’s stock valued at $749,000 after purchasing an additional 20 shares during the last quarter. Finally, Community Bank N.A. raised its holdings in shares of Mastercard by 0.9% in the third quarter. Community Bank N.A. now owns 2,190 shares of the credit services provider’s stock valued at $1,081,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on MA. KeyCorp raised their price objective on shares of Mastercard from $600.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Monness Crespi & Hardt upgraded shares of Mastercard from a “neutral” rating to a “buy” rating and set a $640.00 price objective for the company in a report on Friday, January 31st. William Blair restated an “outperform” rating on shares of Mastercard in a report on Friday, January 31st. Raymond James restated an “outperform” rating and set a $640.00 price objective (up previously from $614.00) on shares of Mastercard in a report on Friday, January 31st. Finally, Susquehanna raised their price objective on shares of Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a report on Friday, January 31st. Four analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Mastercard currently has an average rating of “Moderate Buy” and a consensus price target of $603.08.

Mastercard Price Performance

Shares of MA stock opened at $564.33 on Thursday. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.29. The company has a market cap of $517.96 billion, a P/E ratio of 40.63, a PEG ratio of 2.37 and a beta of 1.10. The stock’s 50-day moving average is $533.07 and its 200 day moving average is $507.89. Mastercard Incorporated has a 1-year low of $428.86 and a 1-year high of $576.94.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share for the quarter, topping the consensus estimate of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. Research analysts predict that Mastercard Incorporated will post 15.98 earnings per share for the current fiscal year.

Mastercard declared that its Board of Directors has initiated a stock repurchase program on Tuesday, December 17th that permits the company to repurchase $12.00 billion in shares. This repurchase authorization permits the credit services provider to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.

Mastercard Announces Dividend

The firm also recently declared 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 annualized dividend and a yield of 0.54%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s dividend payout ratio is presently 21.89%.

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.