Fiera Capital Corp Sells 48,140 Shares of Mastercard Incorporated $MA

Fiera Capital Corp cut its stake in shares of Mastercard Incorporated (NYSE:MA) by 2.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,690,498 shares of the credit services provider’s stock after selling 48,140 shares during the quarter. Mastercard makes up approximately 3.1% of Fiera Capital Corp’s portfolio, making the stock its 5th biggest position. Fiera Capital Corp’s holdings in Mastercard were worth $965,071,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its position in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after acquiring an additional 2,028 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares in the last quarter. Betterment LLC raised its position in shares of Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares in the last quarter. Worldquant Millennium Advisors LLC raised its position in shares of Mastercard by 35.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in shares of Mastercard in the 2nd quarter worth about $431,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently weighed in on MA. Weiss Ratings lowered Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. UBS Group lowered their price objective on Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a research report on Friday, May 1st. Morgan Stanley reissued an “overweight” rating and issued a $679.00 price objective on shares of Mastercard in a research report on Friday, May 1st. TD Cowen reissued a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Evercore reissued a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. Six research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $656.04.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Mastercard Stock Performance

Shares of Mastercard stock opened at $491.67 on Monday. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The firm has a market capitalization of $434.43 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.53 and a beta of 0.74. The business has a 50-day simple moving average of $499.81 and a 200 day simple moving average of $525.02. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same period in the previous year, the company posted $3.73 EPS. The firm’s revenue was up 15.8% compared to the same quarter last year. On average, research analysts anticipate that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Mastercard Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses in more than 200 countries and territories. The company facilitates electronic payments and transaction processing for credit, debit and prepaid card products carrying the Mastercard brand, while also providing a range of payment-related services to issuers, acquirers and merchants. Its technology and network enable authorization, clearing and settlement of payments and support a broad set of use cases including point-of-sale, e-commerce and mobile payments.

Beyond core transaction processing, Mastercard offers a suite of value-added services such as fraud and risk management, identity and authentication tools, tokenization and digital wallet support, cross-border and commercial payment solutions, and data analytics and consulting services for merchants and financial partners.