Eurizon Capital SGR S.p.A. raised its holdings in Mastercard Incorporated (NYSE:MA – Free Report) by 19.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 202,015 shares of the credit services provider’s stock after purchasing an additional 32,515 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in Mastercard were worth $111,667,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Robinswood Financial LLC acquired a new stake in shares of Mastercard in the first quarter valued at $25,000. Next Level Wealth Planning LLC bought a new position in shares of Mastercard in the third quarter valued at about $31,000. Allied Private Wealth LLC acquired a new position in Mastercard during the 2nd quarter worth about $34,000. Premier Financial Group acquired a new position in Mastercard during the 2nd quarter worth about $39,000. Finally, Roxbury Financial LLC lifted its position in Mastercard by 102.6% during the 2nd quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock worth $40,000 after buying an additional 40 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.
Trending Headlines about Mastercard
These are some of the MA headlines that stood out recently:
- Positive Sentiment: Bernstein raised its price target on Mastercard to $764 from $730 and reiterated an “outperform” rating, implying 17.1% upside from the cited $652.48 reference price. TickerReport article
- Positive Sentiment: Mastercard is expanding payment capabilities and partnerships. It completed a reported agentic travel transaction, and separately partnered with Glyde to bring virtual-card payments to Southern Africa’s travel sector—developments that could support new use cases and transaction activity. PYMNTS article Mastercard and Glyde article
- Positive Sentiment: Mastercard is investing in regional growth. The company plans to add more than 250 specialist roles in Singapore by the end of 2029, while a new agreement with Nigeria’s SMEDAN will advance digitization for small businesses. These initiatives may broaden its regional reach, though hiring also entails investment. Straits Times article Daily Post article
Wall Street Analyst Weigh In
A number of brokerages have commented on MA. Bank of America increased their price objective on shares of Mastercard from $700.00 to $735.00 and gave the stock a “buy” rating in a report on Friday, July 31st. BNP Paribas Exane boosted their target price on shares of Mastercard from $680.00 to $713.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Keefe, Bruyette & Woods upped their target price on shares of Mastercard from $685.00 to $750.00 and gave the stock an “outperform” rating in a research report on Friday, October 30th. Rothschild & Co Redburn decreased their price target on shares of Mastercard from $710.00 to $688.00 and set a “buy” rating on the stock in a research note on Wednesday, September 2nd. Finally, BMO Capital Markets reissued an “outperform” rating and set a $665.00 price target on shares of Mastercard in a research note on Thursday, October 15th. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $713.21.
Check Out Our Latest Analysis on MA
Insider Activity
In other news, CFO Ling Hai sold 4,318 shares of Mastercard stock in a transaction that occurred on Friday, October 30th. The shares were sold at an average price of $642.43, for a total transaction of $2,774,012.74. Following the completion of the sale, the chief financial officer owned 35,750 shares in the company, valued at $22,966,872.50. The trade was a 10.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $577.13, for a total transaction of $4,296,155.72. Following the sale, the insider directly owned 40,916 shares of the company’s stock, valued at approximately $23,613,851.08. This trade represents a 15.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 25,403 shares of company stock valued at $15,428,736. 0.09% of the stock is currently owned by insiders.
Mastercard Trading Down 1.2%
Shares of MA opened at $652.48 on Friday. 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 Incorporated has a 12-month low of $464.52 and a 12-month high of $681.99. The firm has a market capitalization of $568.43 billion, a PE ratio of 34.13, a price-to-earnings-growth ratio of 1.86 and a beta of 0.78. The stock’s fifty day simple moving average is $598.61 and its 200-day simple moving average is $541.70.
Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.17 by $0.14. The business had revenue of $9.81 billion for the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The firm’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business earned $4.38 earnings per share. As a group, research analysts predict that Mastercard Incorporated will post 20.00 earnings per share for the current year.
Mastercard Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, October 9th were given a dividend of $0.87 per share. The ex-dividend date was Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard’s dividend payout ratio is presently 18.20%.
Mastercard Profile
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.
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