Mawer Investment Management Ltd. Sells 53,243 Shares of Mastercard Incorporated $MA

Mawer Investment Management Ltd. decreased its position in Mastercard Incorporated (NYSE:MA) by 12.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 380,943 shares of the credit services provider’s stock after selling 53,243 shares during the period. Mastercard accounts for approximately 1.5% of Mawer Investment Management Ltd.’s investment portfolio, making the stock its 22nd largest position. Mawer Investment Management Ltd.’s holdings in Mastercard were worth $210,079,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MA. MSH Capital Advisors LLC increased its holdings in shares of Mastercard by 3.8% during the 3rd quarter. MSH Capital Advisors LLC now owns 2,038 shares of the credit services provider’s stock worth $1,124,000 after buying an additional 75 shares during the last quarter. Cornerstone Advisory LLC lifted its holdings in Mastercard by 0.7% in the third quarter. Cornerstone Advisory LLC now owns 10,349 shares of the credit services provider’s stock valued at $5,707,000 after acquiring an additional 77 shares during the last quarter. Addison Advisors LLC lifted its holdings in Mastercard by 18.1% in the third quarter. Addison Advisors LLC now owns 332 shares of the credit services provider’s stock valued at $183,000 after acquiring an additional 51 shares during the last quarter. Bernicke Wealth Management Ltd. acquired a new position in Mastercard in the third quarter valued at approximately $956,000. Finally, Channel Wealth LLC grew its position in Mastercard by 5.9% in the third quarter. Channel Wealth LLC now owns 541 shares of the credit services provider’s stock worth $298,000 after acquiring an additional 30 shares during the period. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Latest Mastercard News

Here’s some of the latest news about MA:

• Positive Sentiment: Zacks Research raised its EPS estimates across multiple periods, including FY2027 to $22.98 from $22.34 and FY2028 to $26.45 from $25.74. The broad upward revisions suggest improving expectations for earnings growth. Mastercard analyst estimates
• Positive Sentiment: A partnership with Sage will bring Mastercard debit-card capabilities into accounting software for small businesses in France, potentially widening its reach in business payments. Mastercard valuation and Sage partnership
• Neutral Sentiment: Coverage also cites favorable analyst views of Mastercard, but the articles provide limited detail on new price targets or near-term earnings impact. With no major downside catalyst in the supplied reports, the recent news flow appears modestly supportive rather than a clear standalone driver of the shares.

Mastercard Trading Up 1.3%

NYSE:MA traded up $8.53 during trading hours on Friday, reaching $661.13. 1,936,242 shares of the stock were exchanged, compared to its average volume of 3,351,180. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $681.99. The business has a 50-day moving average of $600.12 and a two-hundred day moving average of $542.40. The company has a market capitalization of $575.97 billion, a price-to-earnings ratio of 34.58, a PEG ratio of 1.84 and a beta of 0.78. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 3.29.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, beating analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The business had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same period in the previous year, the firm posted $4.38 earnings per share. The company’s revenue was up 14.0% on a year-over-year basis. On average, equities analysts predict that Mastercard Incorporated will post 20.01 EPS for the current year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 9th. Investors of record on Friday, October 9th were paid a dividend of $0.87 per share. The ex-dividend date of this dividend was Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.5%. Mastercard’s dividend payout ratio is presently 18.20%.

Insider Buying and Selling

In related news, Director Julius Genachowski sold 371 shares of the firm’s stock in a transaction dated Friday, October 9th. The stock was sold at an average price of $585.01, for a total transaction of $217,038.71. Following the completion of the transaction, the director directly owned 8,607 shares in the company, valued at $5,035,181.07. This trade represents a 4.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 7,444 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $577.13, for a total value of $4,296,155.72. Following the transaction, the insider owned 40,916 shares of the company’s stock, valued at $23,613,851.08. This trade represents a 15.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 25,403 shares of company stock valued at $15,428,736. Corporate insiders own 0.09% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MA. Dbs Bank raised Mastercard to a “moderate buy” rating in a research note on Friday, August 21st. Freedom Broker downgraded Mastercard from a “buy” rating to a “hold” rating and lifted their target price for the company from $620.00 to $725.00 in a research report on Thursday, November 5th. Loop Capital upped their price target on Mastercard from $631.00 to $647.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Bank of America upped their price target on Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Finally, Argus increased their price target on Mastercard from $640.00 to $694.00 and gave the stock a “buy” rating in a report on Friday, October 30th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and an average target price of $713.21.

About Mastercard

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods. The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.