Integral Investment Advisors Inc. Sells 20 Shares of Mastercard Incorporated (NYSE:MA)

Integral Investment Advisors Inc. reduced its stake in shares of Mastercard Incorporated (NYSE:MA) by 3.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 612 shares of the credit services provider’s stock after selling 20 shares during the quarter. Integral Investment Advisors Inc.’s holdings in Mastercard were worth $322,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Highline Wealth Partners LLC bought a new position in shares of Mastercard during the third quarter valued at about $25,000. Marshall Investment Management LLC purchased a new stake in shares of Mastercard during the fourth quarter worth about $30,000. First Personal Financial Services purchased a new stake in shares of Mastercard during the third quarter worth about $39,000. FPC Investment Advisory Inc. boosted its holdings in shares of Mastercard by 483.3% during the fourth quarter. FPC Investment Advisory Inc. now owns 70 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 58 shares during the period. Finally, FSA Wealth Management LLC purchased a new stake in shares of Mastercard during the third quarter worth about $54,000. 97.28% of the stock is owned by institutional investors.

Mastercard Price Performance

Shares of MA opened at $557.44 on Friday. The company has a market capitalization of $508.22 billion, a P/E ratio of 40.13, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 2.68. The firm has a 50 day moving average of $538.98 and a 200 day moving average of $513.78. Mastercard Incorporated has a twelve month low of $428.86 and a twelve month high of $576.94.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share 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%. As a group, equities research analysts anticipate that Mastercard Incorporated will post 15.91 earnings per share for the current fiscal year.

Mastercard announced that its board has approved a share repurchase program on Tuesday, December 17th that authorizes the company to repurchase $12.00 billion in shares. This repurchase authorization authorizes the credit services provider to buy up to 2.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Mastercard Announces Dividend

The business also recently announced 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. This represents a $3.04 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date of this dividend is Wednesday, April 9th. Mastercard’s dividend payout ratio (DPR) is presently 21.89%.

Analyst Upgrades and Downgrades

MA has been the subject of a number of analyst reports. Citigroup increased their target price on shares of Mastercard from $584.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, January 31st. TD Cowen increased their target price on shares of Mastercard from $533.00 to $567.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Royal Bank of Canada increased their target price on shares of Mastercard from $572.00 to $650.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Oppenheimer dropped their target price on shares of Mastercard from $591.00 to $588.00 and set an “outperform” rating for the company in a report on Thursday, December 19th. Finally, KeyCorp increased their target price on shares of Mastercard from $600.00 to $630.00 and gave the stock an “overweight” rating in a report on Friday, January 31st. Four research analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $606.11.

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.