BDF Gestion lessened its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 11.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 11,497 shares of the credit services provider’s stock after selling 1,459 shares during the period. Mastercard accounts for about 0.9% of BDF Gestion’s holdings, making the stock its 20th biggest holding. BDF Gestion’s holdings in Mastercard were worth $6,340,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of MA. State Street Corp raised its stake in shares of Mastercard by 1.3% during the 2nd quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock worth $18,984,867,000 after purchasing an additional 486,283 shares in the last quarter. Jennison Associates LLC boosted its holdings in shares of Mastercard by 10.4% in the 1st quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock valued at $2,559,779,000 after buying an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Mastercard by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock valued at $2,111,216,000 after buying an additional 42,871 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake in shares of Mastercard by 17.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock valued at $1,831,763,000 after buying an additional 554,366 shares in the last quarter. Finally, Amundi grew its stake in shares of Mastercard by 5.8% in the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock valued at $1,862,527,000 after buying an additional 199,424 shares in the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard is partnering with Moovn to expand digital payments across East Africa. The agreement could increase Mastercard’s reach in a fast-growing, underpenetrated market and support longer-term transaction-volume growth. Mastercard and Moovn join forces to scale digital payments across East Africa
- Positive Sentiment: A partnership with Pakistan’s BankIslami is aimed at strengthening digital payments and card acceptance, adding another potential growth channel for Mastercard in an emerging market. Mastercard and BankIslami partnership
- Positive Sentiment: Mastercard is expanding stablecoin capabilities through its Global Money Platform, reportedly reaching 130 countries after the BVNK acquisition. The move positions MA to benefit if blockchain-based payments gain wider adoption. Mastercard stablecoin cards
- Positive Sentiment: Mastercard and Powertranz are simplifying restaurant payments, while the company’s Agent Pay Trust Framework adds tools to authenticate AI-driven transactions. These initiatives could reinforce Mastercard’s role as commerce becomes more digital and automated. Powertranz and Mastercard restaurant payments
- Neutral Sentiment: U.S. officials are pressing China on market-access issues involving Mastercard. Progress could open a significant opportunity, but the article provides no resolution, making the near-term earnings impact uncertain. Mastercard China market access
- Neutral Sentiment: Analysts and financial commentary continue to compare Mastercard favorably with American Express because MA operates a global network without taking direct consumer credit risk. However, these are investment opinions rather than new company-specific financial results. American Express versus Mastercard
- Negative Sentiment: Stablecoin payment volumes are rising rapidly, increasing the risk that blockchain networks could bypass traditional card rails. Mastercard’s stablecoin investments mitigate that threat, but also highlight intensifying competition. Stablecoin payments rise
- Negative Sentiment: MA is trading close to its 52-week high and at a high earnings multiple ahead of third-quarter results. The stock’s recent decrease may therefore reflect valuation concerns and profit-taking, with investors awaiting evidence that earnings growth can justify the premium.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Piper Sandler increased their price target on shares of Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Raymond James Financial restated an “outperform” rating and set a $632.00 price objective (up from $609.00) on shares of Mastercard in a research note on Friday, July 31st. Daiwa Securities Group upped their target price on shares of Mastercard from $580.00 to $650.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Finally, President Capital raised their price objective on Mastercard from $693.00 to $729.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and an average target price of $682.66.
View Our Latest Analysis on Mastercard
Insiders Place Their Bets
In other Mastercard news, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the completion of the transaction, the insider owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. The trade was a 8.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the completion of the transaction, the chief executive officer directly owned 93,693 shares of the company’s stock, valued at $53,873,475. This trade represents a 14.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 68,359 shares of company stock valued at $39,290,046. 0.09% of the stock is owned by corporate insiders.
Mastercard Price Performance
Mastercard stock traded down $2.71 during trading hours on Monday, reaching $614.71. 1,126,931 shares of the stock were exchanged, compared to its average volume of 3,503,344. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $622.49. The company has a market cap of $538.50 billion, a P/E ratio of 33.84, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. The stock has a 50 day moving average of $575.99 and a two-hundred day moving average of $535.29.
Mastercard (NYSE:MA – Get Free Report) last issued its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter last year, the business posted $4.15 EPS. The company’s revenue was up 14.1% compared to the same quarter last year. Equities analysts expect that Mastercard Incorporated will post 19.91 EPS for the current fiscal year.
Mastercard Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is 19.14%.
Mastercard Company Profile
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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
Read More
- Five stocks we like better than Mastercard
- Alcoa Beat Earnings, But Can It Escape the Aluminum Bears?
- Insider Buying Is Rising at These 3 Regional Banks, But the Details Matter
- Illinois Tool Works Faces Headwinds—2 Alternatives Stand Out
- Luxury’s Middle Market Is Cracking—These 3 Stocks Could Win
Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA – Free Report).
Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.
