WINTON GROUP Ltd Takes $3.99 Million Position in Mastercard Incorporated $MA

WINTON GROUP Ltd bought a new stake in shares of Mastercard Incorporated (NYSE:MA) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 7,100 shares of the credit services provider’s stock, valued at approximately $3,990,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MA. ORG Partners LLC grew its stake in Mastercard by 73.2% during the 2nd quarter. ORG Partners LLC now owns 698 shares of the credit services provider’s stock valued at $394,000 after acquiring an additional 295 shares in the last quarter. Ethos Financial Group LLC boosted its holdings in shares of Mastercard by 19.5% during the first quarter. Ethos Financial Group LLC now owns 3,174 shares of the credit services provider’s stock worth $1,683,000 after purchasing an additional 518 shares during the period. Curio Wealth LLC grew its position in Mastercard by 22,400.0% during the second quarter. Curio Wealth LLC now owns 225 shares of the credit services provider’s stock valued at $126,000 after purchasing an additional 224 shares in the last quarter. Vanguard Group Inc. increased its stake in Mastercard by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 78,475,807 shares of the credit services provider’s stock valued at $44,098,695,000 after buying an additional 931,132 shares during the period. Finally, Wheelhouse Advisory Group LLC increased its stake in Mastercard by 4.4% in the 2nd quarter. Wheelhouse Advisory Group LLC now owns 1,336 shares of the credit services provider’s stock valued at $751,000 after buying an additional 56 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Down 1.1%

Shares of MA stock opened at $539.47 on Tuesday. The company has a market capitalization of $484.45 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 2.14 and a beta of 0.87. The company has a debt-to-equity ratio of 2.40, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s 50 day simple moving average is $555.98 and its 200 day simple moving average is $566.79. Mastercard Incorporated has a twelve month low of $465.59 and a twelve month high of $601.77.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, October 30th. The credit services provider reported $4.38 EPS for the quarter, beating the consensus estimate of $4.31 by $0.07. Mastercard had a return on equity of 202.03% and a net margin of 45.28%.The company had revenue of $8.60 billion for the quarter, compared to the consensus estimate of $8.53 billion. During the same quarter last year, the company posted $3.89 earnings per share. The company’s revenue for the quarter was up 16.7% compared to the same quarter last year. As a group, research analysts predict that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 7th. Investors of record on Thursday, October 9th were issued a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 0.6%. The ex-dividend date was Thursday, October 9th. Mastercard’s dividend payout ratio (DPR) is 19.44%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on MA shares. Tigress Financial lifted their target price on shares of Mastercard from $685.00 to $730.00 and gave the company a “strong-buy” rating in a research note on Thursday, November 6th. Truist Financial reduced their price objective on Mastercard from $638.00 to $630.00 and set a “buy” rating for the company in a research report on Tuesday, November 4th. Wells Fargo & Company dropped their target price on Mastercard from $669.00 to $660.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Wall Street Zen raised Mastercard from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $713.00 price target on shares of Mastercard in a research note on Thursday, October 30th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $652.50.

About Mastercard

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.