Mastercard Incorporated (NYSE:MA) Shares Bought by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. lifted its position in shares of Mastercard Incorporated (NYSE:MA) by 1.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 162,056 shares of the credit services provider’s stock after acquiring an additional 1,533 shares during the period. Mastercard comprises approximately 2.8% of Tandem Investment Advisors Inc.’s holdings, making the stock its 17th largest holding. Tandem Investment Advisors Inc.’s holdings in Mastercard were worth $69,119,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in MA. Cypress Wealth Services LLC raised its position in Mastercard by 2.9% in the 4th quarter. Cypress Wealth Services LLC now owns 864 shares of the credit services provider’s stock valued at $369,000 after purchasing an additional 24 shares during the last quarter. Syntegra Private Wealth Group LLC raised its position in shares of Mastercard by 1.2% during the fourth quarter. Syntegra Private Wealth Group LLC now owns 1,996 shares of the credit services provider’s stock worth $851,000 after acquiring an additional 24 shares during the last quarter. TRUE Private Wealth Advisors raised its position in shares of Mastercard by 2.4% during the fourth quarter. TRUE Private Wealth Advisors now owns 1,037 shares of the credit services provider’s stock worth $442,000 after acquiring an additional 24 shares during the last quarter. Indiana Trust & Investment Management CO raised its position in shares of Mastercard by 4.4% during the fourth quarter. Indiana Trust & Investment Management CO now owns 598 shares of the credit services provider’s stock worth $255,000 after acquiring an additional 25 shares during the last quarter. Finally, Cassia Capital Partners LLC raised its position in shares of Mastercard by 2.1% during the third quarter. Cassia Capital Partners LLC now owns 1,240 shares of the credit services provider’s stock worth $491,000 after acquiring an additional 26 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, major shareholder Foundation Mastercard sold 200 shares of the company’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 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Mastercard news, insider Ajay Bhalla sold 98 shares of the firm’s stock in a transaction 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 transaction, the insider now owns 6,235 shares in the company, valued at approximately $2,740,407.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, major shareholder Foundation Mastercard sold 200 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $47,527,976,823. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 41,728 shares of company stock valued at $19,479,753. 0.13% of the stock is owned by insiders.

Mastercard Stock Performance

NYSE:MA traded up $0.25 on Wednesday, hitting $460.07. The company’s stock had a trading volume of 1,735,020 shares, compared to its average volume of 2,412,026. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 2.06. The stock has a fifty day moving average of $471.86 and a two-hundred day moving average of $433.03. The firm has a market capitalization of $429.20 billion, a P/E ratio of 38.84, a price-to-earnings-growth ratio of 1.74 and a beta of 1.08. Mastercard Incorporated has a one year low of $357.85 and a one year high of $490.00.

Mastercard (NYSE:MA) last released its quarterly earnings data on Wednesday, January 31st. The credit services provider reported $3.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.10. The firm had revenue of $6.55 billion for the quarter, compared to analyst estimates of $6.46 billion. Mastercard had a return on equity of 191.22% and a net margin of 44.60%. During the same quarter in the prior year, the company earned $2.65 earnings per share. Research analysts predict that Mastercard Incorporated will post 14.36 earnings per share for the current year.

Mastercard Dividend Announcement

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

Wall Street Analyst Weigh In

MA has been the subject of a number of recent research reports. KeyCorp boosted their target price on Mastercard from $475.00 to $490.00 and gave the stock an “overweight” rating in a research report on Thursday, February 1st. Royal Bank of Canada lifted their price objective on Mastercard from $432.00 to $499.00 and gave the stock an “outperform” rating in a research note on Thursday, February 1st. William Blair reaffirmed an “outperform” rating on shares of Mastercard in a research note on Wednesday, January 31st. Susquehanna reaffirmed a “positive” rating and set a $535.00 price objective on shares of Mastercard in a research note on Wednesday, April 3rd. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $510.00 price objective on shares of Mastercard in a research note on Thursday, February 1st. Two equities 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 stock. Based on data from MarketBeat.com, Mastercard has an average rating of “Moderate Buy” and a consensus target price of $485.91.

Mastercard 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.