Mastercard Incorporated (MA) finds favor among a host of investors, as evinced by the flurry of activity across the board. The stock has been flagged as an attractive buy among GARP (Growth at a Reasonable Price) stocks that offer dividends. Notable purchases of MA shares include those by Adell Harriman & Carpenter Inc., Aveo Capital Partners LLC, BXM Wealth LLC, AustralianSuper Pty Ltd, and V Square Quantitative Management LLC among others. Such activity underpins the perceived value of the stock in the eyes of investors.
However, Empire Life Investments Inc., Rhumbline Advisers, Guyasuta Investment Advisors Inc., and Louisiana State Employees Retirement System, among others, have reportedly reduced their positions in MA. These sell-offs indicate some investors' move to rebalance portfolios or realize profits. Further, MA's strong earnings report adds to its allure.
The stock has also been mentioned among Warren Buffett’s long-held stocks, adding another feather to its cap. Lastly, Mastercard’s board of directors announced a quarterly dividend of $0.76, providing attractive returns for shareholders.
Mastercard Incorporated MA News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 15 Feb 2025 15:56:34 GMT - Rating 8 - Innovation 7 - Rumor -3
