Capital International Inc. CA Has $139.26 Million Stock Holdings in Mastercard Incorporated $MA

Capital International Inc. CA increased its stake in shares of Mastercard Incorporated (NYSE:MA) by 11.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 244,826 shares of the credit services provider’s stock after buying an additional 25,385 shares during the period. Mastercard accounts for approximately 1.1% of Capital International Inc. CA’s holdings, making the stock its 19th biggest holding. Capital International Inc. CA’s holdings in Mastercard were worth $139,259,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Evolution Wealth Management Inc. acquired a new position in Mastercard during the 2nd quarter worth $29,000. Robbins Farley increased its stake in shares of Mastercard by 50.0% in the 3rd quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock valued at $31,000 after buying an additional 18 shares during the period. Foster Dykema Cabot & Partners LLC increased its stake in shares of Mastercard by 250.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after buying an additional 40 shares during the period. Tacita Capital Inc raised its position in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 19 shares during the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in shares of Mastercard during the second quarter valued at $37,000. Institutional investors own 97.28% of the company’s stock.

Mastercard Price Performance

Shares of MA opened at $517.69 on Tuesday. The company has a 50 day moving average of $538.29 and a 200-day moving average of $556.61. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.36. The stock has a market capitalization of $461.68 billion, a P/E ratio of 31.34, a P/E/G ratio of 1.69 and a beta of 0.83. Mastercard Incorporated has a twelve month low of $465.59 and a twelve month high of $601.77.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.24 by $0.52. Mastercard had a net margin of 45.65% and a return on equity of 203.92%. The firm had revenue of $8.81 billion for the quarter, compared to analyst estimates of $8.80 billion. During the same period in the previous year, the business earned $3.82 EPS. The company’s revenue was up 17.5% compared to the same quarter last year. As a group, equities research analysts forecast that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Thursday, April 9th will be given a $0.87 dividend. The ex-dividend date of this dividend is Thursday, April 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. Mastercard’s payout ratio is currently 21.07%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Rothschild & Co Redburn set a $685.00 price target on Mastercard in a report on Wednesday, January 28th. Weiss Ratings restated a “buy (b)” rating on shares of Mastercard in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday. HSBC upgraded shares of Mastercard from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Finally, Wells Fargo & Company increased their price objective on shares of Mastercard from $660.00 to $668.00 and gave the company an “overweight” rating in a report on Thursday, January 29th. Six research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $670.61.

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.