Telos Capital Management Inc. Has $9.57 Million Position in Mastercard Incorporated (NYSE:MA)

Telos Capital Management Inc. lowered its holdings in Mastercard Incorporated (NYSE:MA) by 0.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 22,430 shares of the credit services provider’s stock after selling 30 shares during the period. Mastercard accounts for about 1.2% of Telos Capital Management Inc.’s portfolio, making the stock its 28th largest position. Telos Capital Management Inc.’s holdings in Mastercard were worth $9,567,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of MA. Strategic Investment Solutions Inc. IL acquired a new position in shares of Mastercard during the first quarter valued at $25,000. Hibernia Wealth Partners LLC acquired a new position in shares of Mastercard during the third quarter valued at $27,000. LFA Lugano Financial Advisors SA acquired a new position in shares of Mastercard during the fourth quarter valued at $27,000. Barometer Capital Management Inc. acquired a new position in shares of Mastercard during the third quarter valued at $36,000. Finally, Mascoma Wealth Management LLC acquired a new position in Mastercard in the third quarter valued at about $38,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Up 0.1 %

Mastercard stock traded up $0.43 during midday trading on Wednesday, reaching $460.25. The stock had a trading volume of 908,996 shares, compared to its average volume of 2,400,593. The firm’s fifty day simple moving average is $471.86 and its 200-day simple moving average is $433.03. Mastercard Incorporated has a 1-year low of $357.85 and a 1-year high of $490.00. The stock has a market capitalization of $429.36 billion, a P/E ratio of 38.84, a price-to-earnings-growth ratio of 1.74 and a beta of 1.08. The company has a debt-to-equity ratio of 2.06, a quick ratio of 1.17 and a current ratio of 1.17.

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 return on equity of 191.22% and a net margin of 44.60%. The business had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.46 billion. During the same quarter last year, the firm earned $2.65 EPS. As a group, analysts expect that Mastercard Incorporated will post 14.36 EPS for the current fiscal year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 9th. Shareholders of record on Tuesday, April 9th will be given a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a dividend yield of 0.57%. The ex-dividend date is Monday, April 8th. Mastercard’s dividend payout ratio (DPR) is 22.32%.

Insiders Place Their Bets

In other Mastercard news, major shareholder Foundation Mastercard sold 200 shares of the business’s stock in a transaction that occurred on Thursday, March 21st. The stock was sold at an average price of $487.25, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, insider Ajay Bhalla sold 98 shares of Mastercard stock in a transaction that occurred on Monday, January 22nd. The stock was sold at an average price of $439.52, for a total transaction of $43,072.96. Following the completion of the transaction, the insider now directly owns 6,235 shares in the company, valued at approximately $2,740,407.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, major shareholder Foundation Mastercard sold 200 shares of Mastercard stock in a transaction that occurred 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 transaction, the insider now owns 97,543,308 shares of the company’s stock, valued at $47,527,976,823. The disclosure for this sale can be found here. Insiders have sold 41,728 shares of company stock valued at $19,479,753 in the last 90 days. 0.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on MA shares. William Blair reissued an “outperform” rating on shares of Mastercard in a research note on Wednesday, January 31st. Royal Bank of Canada increased their target price on Mastercard from $432.00 to $499.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Mizuho reissued a “buy” rating and issued a $480.00 target price on shares of Mastercard in a research note on Wednesday, March 27th. BMO Capital Markets increased their target price on Mastercard from $480.00 to $490.00 and gave the company an “outperform” rating in a research note on Thursday, February 1st. Finally, JPMorgan Chase & Co. increased their target price on Mastercard from $504.00 to $520.00 and gave the company an “overweight” rating in a research note on Monday. Two research analysts have rated the stock with a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $485.91.

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.