St. Louis Financial Planners Asset Management LLC Acquires 6,750 Shares of Mastercard Incorporated $MA

St. Louis Financial Planners Asset Management LLC acquired a new position in Mastercard Incorporated (NYSE:MA – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,750 shares of the credit services provider’s stock, valued at approximately $3,869,000. Mastercard makes up 1.7% of St. Louis Financial Planners Asset Management LLC’s investment portfolio, making the stock its 13th largest position.

Other institutional investors also recently bought and sold shares of the company. Fundsmith LLP bought a new stake in Mastercard during the second quarter valued at about $639,458,000. Corient Private Wealth LP increased its position in Mastercard by 147.2% in the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider’s stock worth $863,969,000 after buying an additional 1,001,671 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Mastercard by 295.8% in the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider’s stock worth $441,702,000 after buying an additional 642,724 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of Mastercard by 31.6% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 2,524,059 shares of the credit services provider’s stock worth $1,440,935,000 after buying an additional 605,608 shares during the period. Finally, SEB Asset Management AB bought a new position in shares of Mastercard in the first quarter worth about $293,574,000. 97.28% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Mastercard news, insider Linda Kirkpatrick sold 4,280 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $570.31, for a total value of $2,440,926.80. Following the completion of the transaction, the insider directly owned 31,179 shares in the company, valued at $17,781,695.49. This represents a 12.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total value of $8,838,900.00. Following the completion of the transaction, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. The trade was a 14.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 68,359 shares of company stock worth $39,290,046 over the last quarter. Company insiders own 0.09% of the company’s stock.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

  • Positive Sentiment: Broader investor rotation is supporting the stock. Mastercard is among the companies reaching record levels as investors diversify beyond the artificial-intelligence and semiconductor trade. Upcoming earnings could help sustain the broader market rally. Coca-Cola, Visa and Mastercard Hit Records as Investors Rotate Out of Chip Stocks
  • Positive Sentiment: Potentially improved access to China is a significant catalyst. U.S. officials raised market-access issues for Mastercard and Citigroup during bilateral talks, reiterating that approval for expanded operations had been agreed upon during September’s U.S.-China discussions. Greater access could expand Mastercard’s long-term payments opportunity in China. U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks
  • Positive Sentiment: The Global Money Platform expands Mastercard’s role in digital payments. Mastercard and BVNK launched a single-API platform allowing banks, fintechs and businesses to hold, convert and spend fiat currencies and stablecoins across Mastercard’s network. The product is the first major integration since Mastercard acquired BVNK and could create new transaction and infrastructure revenue opportunities. Mastercard and BVNK Launch Global Money Platform to Power a Multi-Money World
  • Positive Sentiment: Analysts expect another earnings beat. Coverage points to Mastercard’s history of exceeding consensus estimates and favorable earnings-surprise indicators. That optimism is supported by the company’s latest reported quarter, when revenue grew 14.1% year over year and earnings exceeded expectations. Will MasterCard Beat Estimates Again in Its Next Earnings Report?
  • Neutral Sentiment: Technical momentum is strong, but valuation warrants monitoring. Mastercard has extended a multiday winning streak and moved into a buy zone, while commentary suggests the stock could be undervalued if its returns on capital remain durable. However, its elevated valuation means disappointing guidance or slower payments growth could increase downside risk. Mastercard Stock Could Be 32% Undervalued After Stablecoin Payments Push

Mastercard Price Performance

MA stock traded up $0.82 during trading on Friday, reaching $617.14. The company’s stock had a trading volume of 3,428,184 shares, compared to its average volume of 3,111,186. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. The company’s fifty day moving average is $575.99 and its 200-day moving average is $534.99. The company has a market capitalization of $540.62 billion, a P/E ratio of 33.95, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $622.49.

Mastercard (NYSE:MA – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The business had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the business earned $4.15 earnings per share. The business’s revenue was up 14.1% on a year-over-year basis. On average, research analysts expect that Mastercard Incorporated will post 19.91 earnings per share for the current fiscal year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a dividend of $0.87 per share. The ex-dividend date is Friday, October 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is currently 19.14%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on MA shares. BNP Paribas Exane lifted their price objective on Mastercard from $680.00 to $713.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. The Goldman Sachs Group reissued a “buy” rating and issued a $701.00 target price (up from $674.00) on shares of Mastercard in a report on Thursday, July 30th. Barclays increased their target price on shares of Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. President Capital raised their target price on shares of Mastercard from $693.00 to $729.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Finally, Cantor Fitzgerald lifted their price target on shares of Mastercard from $650.00 to $695.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard has a consensus rating of “Moderate Buy” and an average target price of $682.66.

View Our Latest Stock Report on Mastercard

About Mastercard

(Free Report)

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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