Hsbc Holdings PLC Has $913.05 Million Stock Holdings in Mastercard Incorporated $MA

Hsbc Holdings PLC decreased its position in shares of Mastercard Incorporated (NYSE:MA) by 1.0% during the 4th quarter, Holdings Channel reports. The fund owned 1,597,748 shares of the credit services provider’s stock after selling 15,602 shares during the quarter. Mastercard accounts for about 0.5% of Hsbc Holdings PLC’s investment portfolio, making the stock its 25th biggest holding. Hsbc Holdings PLC’s holdings in Mastercard were worth $913,046,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of MA. J. Stern & Co. LLP boosted its position in shares of Mastercard by 53,535.0% during the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock worth $41,444,231,000 after purchasing an additional 72,461,743 shares in the last quarter. Norges Bank bought a new stake in shares of Mastercard in the 4th quarter valued at $6,705,708,000. Cardano Risk Management B.V. raised its stake in Mastercard by 861.6% during the 4th quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock worth $2,324,743,000 after buying an additional 3,648,748 shares during the period. State Street Corp raised its stake in Mastercard by 2.8% during the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after buying an additional 997,536 shares during the period. Finally, Cibc World Markets Corp acquired a new position in Mastercard in the fourth quarter valued at about $497,311,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard was upgraded by Piper Sandler to strong-buy, signaling improved analyst sentiment and supporting the stock. The Fly report on Piper Sandler upgrade
• Positive Sentiment: Mastercard is being mentioned as part of the new Open USD stablecoin consortium, which could strengthen its position in digital payments and cross-border settlement if adoption grows. Open USD consortium article
• Positive Sentiment: Mastercard announced a new cybersecurity centre in Africa, a move that highlights investment in payment security and could support long-term network trust and adoption. Mastercard cybersecurity centre article
• Neutral Sentiment: A commentary piece questioned whether Mastercard trades at a premium valuation despite stablecoin-related developments, but it did not introduce a new fundamental catalyst.
• Neutral Sentiment: A separate review of a Citi AAdvantage Mastercard credit card is consumer-oriented and not likely to materially affect Mastercard’s earnings outlook. CNBC Citi AAdvantage Globe Mastercard review

Mastercard Price Performance

NYSE MA opened at $522.60 on Thursday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77. The company has a market capitalization of $461.76 billion, a PE ratio of 30.24, a price-to-earnings-growth ratio of 1.60 and a beta of 0.73. The firm’s 50 day moving average is $496.78 and its 200-day moving average is $519.05.

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

Mastercard Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be paid a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, July 9th. Mastercard’s dividend payout ratio is currently 20.14%.

Analyst Ratings Changes

Several analysts have commented on the stock. Susquehanna dropped their target price on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Royal Bank Of Canada reduced their price target on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Citigroup dropped their price objective on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. BMO Capital Markets began coverage on shares of Mastercard in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 target price for the company. Finally, Dbs Bank upgraded Mastercard to a “moderate buy” rating in a report on Friday, March 27th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Mastercard currently has an average rating of “Buy” and a consensus price target of $653.81.

About Mastercard

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.