Thames Capital Management LLC Boosts Position in Mastercard Incorporated $MA

Thames Capital Management LLC increased its stake in Mastercard Incorporated (NYSE:MA) by 10.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,155 shares of the credit services provider’s stock after buying an additional 3,732 shares during the period. Mastercard accounts for about 3.2% of Thames Capital Management LLC’s portfolio, making the stock its 11th largest position. Thames Capital Management LLC’s holdings in Mastercard were worth $21,782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Vulcan Value Partners LLC increased its stake in Mastercard by 6.5% in the 3rd quarter. Vulcan Value Partners LLC now owns 466,222 shares of the credit services provider’s stock worth $265,233,000 after buying an additional 28,331 shares during the period. Nicholson Wealth Management Group LLC increased its stake in Mastercard by 153.6% in the 3rd quarter. Nicholson Wealth Management Group LLC now owns 2,856 shares of the credit services provider’s stock worth $1,625,000 after buying an additional 1,730 shares during the period. Murphy Middleton Hinkle & Parker Inc. purchased a new position in Mastercard in the 4th quarter worth about $1,113,000. Assetmark Inc. increased its stake in Mastercard by 4.5% in the 4th quarter. Assetmark Inc. now owns 229,299 shares of the credit services provider’s stock worth $130,902,000 after buying an additional 9,795 shares during the period. Finally, Longbow Finance SA increased its stake in Mastercard by 50.3% in the 3rd quarter. Longbow Finance SA now owns 23,013 shares of the credit services provider’s stock worth $13,090,000 after buying an additional 7,704 shares during the period. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on MA shares. Wall Street Zen downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Morgan Stanley reissued an “overweight” rating and set a $679.00 target price on shares of Mastercard in a research report on Friday, May 1st. Tigress Financial raised their target price on shares of Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research report on Friday, March 13th. Evercore reissued a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Bank of America started coverage on shares of Mastercard in a research report on Thursday, March 5th. They set a “buy” rating and a $700.00 target price on the stock. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $656.04.

Mastercard Trading Up 0.1%

NYSE MA opened at $494.45 on Friday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The company has a market capitalization of $436.89 billion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 1.54 and a beta of 0.76. The company’s 50-day simple moving average is $501.23 and its two-hundred day simple moving average is $527.57. Mastercard Incorporated has a one year low of $480.50 and a one year high of $601.77.

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

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s BitLicense approval strengthens its ability to build regulated digital asset, stablecoin, and blockchain-based payment infrastructure, which investors may see as a long-term growth opportunity. Mastercard BitLicense Approval Opens New Chapter In Digital Assets And Valuation
• Positive Sentiment: Coverage suggesting Mastercard is well positioned in the stablecoin battle, alongside peers like SoFi, Block, and Robinhood, highlights the company’s relevance in a fast-growing payments trend. How Mastercard, SoFi, Block are heating up the stablecoin battle
• Positive Sentiment: Analysts remain upbeat on Mastercard despite recent relative underperformance versus fintech peers, suggesting Wall Street still sees upside in the stock’s fundamentals and franchise strength. How Is Mastercard’s Stock Performance Compared to Other FinTech Stocks?
• Neutral Sentiment: Recent valuation-focused commentary notes Mastercard has pulled back from recent highs and trades at a premium multiple, which may keep some investors cautious even as the long-term outlook remains constructive. Mastercard (MA) Valuation Check After Recent Pullback And Premium P/E Multiple
• Neutral Sentiment: Mastercard also announced upcoming investor conference appearances, which is routine corporate communication rather than a major operating update. Mastercard to Participate in Upcoming Investor Conferences

Mastercard Company 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.