Public Employees Retirement Association of Colorado lessened its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 2.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 589,404 shares of the credit services provider’s stock after selling 12,412 shares during the period. Mastercard comprises approximately 1.2% of Public Employees Retirement Association of Colorado’s investment portfolio, making the stock its 17th largest holding. Public Employees Retirement Association of Colorado’s holdings in Mastercard were worth $336,479,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also bought and sold shares of MA. Norges Bank bought a new stake in Mastercard during the fourth quarter worth about $6,705,708,000. Cardano Risk Management B.V. raised its holdings in Mastercard by 861.6% during the fourth 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 acquiring an additional 3,648,748 shares in the last quarter. State Street Corp raised its holdings in Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after acquiring an additional 997,536 shares in the last quarter. Vanguard Group Inc. raised its holdings in Mastercard by 1.2% during the third quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider’s stock worth $45,181,341,000 after acquiring an additional 955,533 shares in the last quarter. Finally, Cibc World Markets Corp bought a new stake in Mastercard during the fourth quarter worth about $497,311,000. Institutional investors own 97.28% of the company’s stock.
Wall Street Analysts Forecast Growth
MA has been the subject of a number of recent analyst reports. Bank of America initiated coverage on Mastercard in a research report on Thursday, March 5th. They issued a “buy” rating and a $700.00 price objective for the company. BMO Capital Markets initiated coverage on Mastercard in a research report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price objective for the company. UBS Group cut 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. TD Cowen reaffirmed a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Tigress Financial raised their price objective on Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research report on Friday, March 13th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $656.04.
Mastercard Price Performance
Shares of NYSE MA opened at $489.36 on Monday. The firm has a market cap of $432.39 billion, a P/E ratio of 28.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The business’s 50 day moving average is $499.31 and its 200-day moving average is $523.49.
Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The company had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $3.73 earnings per share. Equities research analysts predict that Mastercard Incorporated will post 19.6 earnings per share for the current year.
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard launched Agent Pay for Machines (AP4M), a new payment framework designed to let AI agents and autonomous machines make secure transactions, send micropayments, and settle across multiple payment types. The initiative is backed by more than 30 industry participants and includes crypto and fintech partners, which could open a new growth avenue in AI-powered commerce. Article: Mastercard Introduces Agent Pay for Machines to Enable Autonomous AI Transactions
- Positive Sentiment: A U.S. federal judge gave preliminary approval to Mastercard’s revised $38 billion swipe-fee settlement, moving a decades-long antitrust case closer to resolution. Investors may view this as reducing legal overhang, even though merchants remain unhappy and the final outcome is still pending. Article: Mastercard Incorporated (MA) gains 2% Over Preliminary Judicial Approval of $38 billion Swipe-Fee Settlement
- Neutral Sentiment: Mastercard also announced leadership changes, including Ling Hai moving into the CFO role and Sachin Mehra taking on a newly created Chief Business Officer position. This is more of a governance update than an immediate operating catalyst. Article: Mastercard announces leadership changes
- Neutral Sentiment: Cuba’s central bank said it will suspend all Visa and Mastercard transactions there after a processing partnership collapsed under U.S. sanctions pressure. The direct financial impact appears limited, but it highlights ongoing geopolitical and payment-network disruptions. Article: Cuba’s Central Bank to Suspend all Visa and Mastercard Transactions
- Negative Sentiment: Recent commentary on Mastercard’s valuation notes that the stock has been under pressure over the past months and remains below key moving averages, suggesting investors are still cautious despite the positive news flow. Article: A Look At Mastercard (MA) Valuation After Recent Share Price Weakness
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.
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