Mizuho Securities Co. Ltd. Has $90,000 Holdings in Mastercard Incorporated (NYSE:MA)

Mizuho Securities Co. Ltd. increased its position in shares of Mastercard Incorporated (NYSE:MA) by 200.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 210 shares of the credit services provider’s stock after acquiring an additional 140 shares during the quarter. Mizuho Securities Co. Ltd.’s holdings in Mastercard were worth $90,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its stake in Mastercard by 43,445.1% in the 4th quarter. International Assets Investment Management LLC now owns 2,936,684 shares of the credit services provider’s stock valued at $1,252,525,000 after buying an additional 2,929,940 shares during the period. Assenagon Asset Management S.A. increased its stake in Mastercard by 3,339.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 815,506 shares of the credit services provider’s stock valued at $322,867,000 after buying an additional 791,799 shares during the period. Lone Pine Capital LLC increased its stake in Mastercard by 48.4% in the 3rd quarter. Lone Pine Capital LLC now owns 1,746,342 shares of the credit services provider’s stock valued at $691,394,000 after buying an additional 569,534 shares during the period. Jennison Associates LLC increased its stake in Mastercard by 6.9% in the 3rd quarter. Jennison Associates LLC now owns 7,966,348 shares of the credit services provider’s stock valued at $3,153,957,000 after buying an additional 515,481 shares during the period. Finally, Envestnet Asset Management Inc. increased its stake in Mastercard by 30.4% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,839,088 shares of the credit services provider’s stock valued at $728,113,000 after buying an additional 428,627 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on MA shares. Robert W. Baird upped their price objective on shares of Mastercard from $525.00 to $545.00 and gave the company an “outperform” rating in a research note on Thursday, April 18th. Raymond James increased their price target on shares of Mastercard from $452.00 to $504.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. KeyCorp increased their price target on shares of Mastercard from $475.00 to $490.00 and gave the stock an “overweight” rating in a research note on Thursday, February 1st. Oppenheimer restated an “outperform” rating and set a $510.00 price target on shares of Mastercard in a research note on Thursday, February 1st. Finally, Royal Bank of Canada increased their price target on shares of Mastercard from $432.00 to $499.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. Two research analysts have rated the stock with a hold rating, twenty-two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $490.23.

Mastercard Stock Performance

Mastercard stock traded up $5.87 during mid-day trading on Tuesday, reaching $462.62. The company had a trading volume of 2,027,850 shares, compared to its average volume of 2,400,298. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 2.06. Mastercard Incorporated has a 52 week low of $357.85 and a 52 week high of $490.00. The company has a 50 day moving average of $471.71 and a 200-day moving average of $435.26. The firm has a market cap of $431.57 billion, a price-to-earnings ratio of 39.11, a PEG ratio of 1.73 and a beta of 1.08.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.10. Mastercard had a net margin of 44.60% and a return on equity of 191.22%. The firm had revenue of $6.55 billion during the quarter, compared to the consensus estimate of $6.46 billion. During the same period in the prior year, the firm earned $2.65 EPS. On average, sell-side analysts expect that Mastercard Incorporated will post 14.35 EPS for the current fiscal year.

Mastercard Announces Dividend

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 issued a $0.66 dividend. This represents a $2.64 dividend on an annualized basis and a yield of 0.57%. The ex-dividend date of this dividend is Monday, April 8th. Mastercard’s dividend payout ratio (DPR) is presently 22.32%.

Insider Buying and Selling at Mastercard

In other news, insider Craig Vosburg sold 13,542 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the completion of the transaction, the insider now directly owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, insider Craig Vosburg sold 13,542 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $460.06, for a total transaction of $6,230,132.52. Following the completion of the transaction, the insider now directly owns 46,491 shares of the company’s stock, valued at approximately $21,388,649.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Foundation Mastercard sold 200 shares of the firm’s stock in a transaction dated 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 directly 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 sold a total of 257,630 shares of company stock valued at $118,303,470 in the last ninety days. Company insiders own 0.13% of the company’s stock.

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.