Public Employees Retirement System of Ohio grew its position in Mastercard Incorporated (NYSE:MA – Free Report) by 0.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 477,833 shares of the credit services provider’s stock after buying an additional 1,568 shares during the quarter. Mastercard makes up approximately 0.8% of Public Employees Retirement System of Ohio’s portfolio, making the stock its 17th largest position. Public Employees Retirement System of Ohio owned approximately 0.05% of Mastercard worth $238,754,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Aristides Capital LLC raised its holdings in shares of Mastercard by 23.8% during the first quarter. Aristides Capital LLC now owns 1,808 shares of the credit services provider’s stock valued at $903,000 after acquiring an additional 348 shares during the period. Klingman & Associates LLC boosted its stake in Mastercard by 0.5% in the 1st quarter. Klingman & Associates LLC now owns 7,771 shares of the credit services provider’s stock worth $3,883,000 after purchasing an additional 39 shares during the period. Modern Wealth Management LLC grew its position in Mastercard by 24.3% during the 1st quarter. Modern Wealth Management LLC now owns 3,885 shares of the credit services provider’s stock worth $1,910,000 after purchasing an additional 760 shares in the last quarter. Orleans Capital Management Corp LA grew its position in Mastercard by 3.3% during the 1st quarter. Orleans Capital Management Corp LA now owns 4,763 shares of the credit services provider’s stock worth $2,380,000 after purchasing an additional 150 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in Mastercard by 17.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock worth $1,831,763,000 after purchasing an additional 554,366 shares in the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.
Mastercard Stock Down 0.3%
MA stock opened at $530.52 on Friday. The company has a 50 day moving average of $507.37 and a two-hundred day moving average of $514.85. The company has a market cap of $468.75 billion, a price-to-earnings ratio of 30.70, a PEG ratio of 1.66 and a beta of 0.73. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77. 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 Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is presently 20.14%.
Analyst Upgrades and Downgrades
MA has been the subject of a number of research analyst reports. Barclays began coverage on Mastercard in a report on Wednesday, July 8th. They issued an “overweight” rating and a $640.00 target price for the company. Loop Capital reiterated a “buy” rating and set a $631.00 price target on shares of Mastercard in a report on Wednesday, June 3rd. TD Cowen dropped their price target on Mastercard from $671.00 to $664.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Clear Str raised Mastercard to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Susquehanna decreased their price objective on Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a research report on Friday, May 1st. Eight 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’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $653.92.
View Our Latest Research Report on Mastercard
Key Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard announced new enhancements to its virtual card platform, including stronger security controls, embedded payments capabilities, and single-API access. This supports growth in B2B payments and could improve adoption of Mastercard’s commercial payment tools. Mastercard Expands Virtual Card Platform with New Security Controls, Embedded Payments Network and Single API Access
- Positive Sentiment: Mastercard is being highlighted by commentators like Jim Cramer as a “tech company in bank clothing,” reinforcing the market’s view of MA as a high-margin payments compounder with durable growth characteristics. Mastercard (NYSE:MA): Jim Cramer’s “Tech Company in Bank Clothing”
- Positive Sentiment: Wall Street expectations are building for Mastercard’s upcoming earnings report, with analysts looking for another earnings beat and continued profit growth. That can support the stock if results and guidance confirm strong consumer spending and transaction volume trends. MasterCard (MA) Reports Next Week: Wall Street Expects Earnings Growth
- Neutral Sentiment: Mastercard is also expanding into the creator economy through a new debit card partnership, which adds another growth avenue but is not yet large enough to move fundamentals on its own. Mastercard Sees the Next Payments Customer in the Creator Economy
- Neutral Sentiment: Several recent articles and market commentary have focused on Mastercard’s valuation, long-term moat, and competitive positioning versus peers like Affirm. These pieces are more about sentiment than immediate catalysts, though they contribute to the mixed tone around the stock. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run?
- Negative Sentiment: Some coverage suggests Mastercard may be less attractive than faster-growing fintech names such as Affirm on a valuation and upside basis, which could temper investor enthusiasm. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run?
- Negative Sentiment: There is also ongoing speculation about a possible sale of a majority stake in Mastercard’s UK payments subsidiary Vocalink, which adds uncertainty around a key infrastructure asset. Is Mastercard (MA) Cheap Or Fully Valued On Vocalink Sale Talk?
Insider Transactions at Mastercard
In other Mastercard news, insider Sandra A. Arkell sold 200 shares of the company’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $540.00, for a total value of $108,000.00. Following the transaction, the insider directly owned 3,322 shares of the company’s stock, valued at $1,793,880. This represents a 5.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 4,828 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the sale, the insider directly owned 16,429 shares of the company’s stock, valued at $8,625,225. This trade represents a 22.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,005 shares of company stock worth $3,689,976 in the last 90 days. Corporate insiders own 0.09% of the company’s stock.
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.
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