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Mastercard beat earnings estimates, raised its dividend, and saw mixed institutional investor activity.
Mastercard saw various institutional investors adjust their holdings, with Main Street Financial Solutions reducing its shares by 13.1%, while Resurgent Financial Advisors and Stenger Family Office increased their positions.
Mastercard beat earnings estimates, reporting EPS of $3.82, and has declared a quarterly dividend of $0.76, with a payout ratio of 21.89%.
The company's stock opened at $517.69, and it has a market cap of $471.98 billion, with analysts giving it a "Moderate Buy" rating and a target price of $607.96.
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Mastercard superó las estimaciones de ganancias, elevó su dividendo y vio una actividad mixta de inversores institucionales.