Werba Rubin Papier Wealth Management Has $956,000 Stock Position in Mastercard Incorporated (NYSE:MA)

Werba Rubin Papier Wealth Management lowered its stake in Mastercard Incorporated (NYSE:MA) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,816 shares of the credit services provider’s stock after selling 27 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Mastercard were worth $956,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Lyell Wealth Management LP raised its holdings in Mastercard by 3.4% during the fourth quarter. Lyell Wealth Management LP now owns 15,578 shares of the credit services provider’s stock worth $8,203,000 after acquiring an additional 515 shares in the last quarter. Global Retirement Partners LLC increased its stake in shares of Mastercard by 2.4% during the 4th quarter. Global Retirement Partners LLC now owns 11,968 shares of the credit services provider’s stock worth $6,302,000 after purchasing an additional 285 shares during the last quarter. Semus Wealth Partners LLC lifted its stake in Mastercard by 5.0% in the 4th quarter. Semus Wealth Partners LLC now owns 3,230 shares of the credit services provider’s stock valued at $1,701,000 after purchasing an additional 155 shares during the last quarter. SilverOak Wealth Management LLC bought a new position in Mastercard during the fourth quarter worth about $214,000. Finally, Beirne Wealth Consulting Services LLC bought a new stake in Mastercard in the fourth quarter valued at approximately $211,000. 97.28% of the stock is owned by institutional investors.

Mastercard Stock Up 0.6 %

Shares of NYSE MA opened at $567.90 on Wednesday. The stock has a market capitalization of $521.24 billion, a PE ratio of 40.89, a P/E/G ratio of 2.37 and a beta of 1.10. Mastercard Incorporated has a one year low of $428.86 and a one year high of $576.94. The business’s fifty day moving average price is $537.10 and its 200-day moving average price is $511.77. The company has a debt-to-equity ratio of 2.68, a current ratio of 1.03 and a quick ratio of 1.03.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.71 by $0.11. Mastercard had a net margin of 45.71% and a return on equity of 188.47%. On average, equities research analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current year.

Mastercard declared that its Board of Directors has approved a share repurchase plan on Tuesday, December 17th that allows the company to buyback $12.00 billion in shares. This buyback authorization allows the credit services provider to buy up to 2.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.

Mastercard Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Wednesday, April 9th will be given a $0.76 dividend. The ex-dividend date of this dividend is Wednesday, April 9th. This represents a $3.04 annualized dividend and a yield of 0.54%. Mastercard’s payout ratio is currently 21.89%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on MA. Tigress Financial increased their price target on shares of Mastercard from $550.00 to $685.00 and gave the company a “strong-buy” rating in a report on Thursday, February 13th. TD Cowen boosted their price target on Mastercard from $533.00 to $567.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Morgan Stanley decreased their price target on Mastercard from $654.00 to $644.00 and set an “overweight” rating on the stock in a research note on Friday, January 31st. Citigroup upped their price objective on shares of Mastercard from $584.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, January 31st. Finally, William Blair reiterated an “outperform” rating on shares of Mastercard in a research note on Friday, January 31st. Four equities research analysts have rated the stock with a hold rating, twenty-four have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, Mastercard currently has a consensus rating of “Moderate Buy” and an average price target of $606.11.

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.