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flag Mastercard reported a strong Q4 beat and increased dividend, as Westpac boosted its stake in the company.

flag Australian bank Westpac increased its stake in Mastercard by purchasing 405 shares, bringing its total holdings to 24,787 shares. flag Mastercard reported a strong fourth-quarter EPS of $3.82, beating estimates by $0.11. flag The company also announced a quarterly dividend of $0.76 per share. flag Mastercard's market capitalization is $499.27 billion, with a P/E ratio of 39.43 and a beta of 1.10. flag Analysts have a "Moderate Buy" consensus rating and a target price of $606.11.

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