Perryman Financial Advisory Inc. AD purchased a new stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,863 shares of the credit services provider’s stock, valued at approximately $14,194,000. Mastercard accounts for approximately 2.1% of Perryman Financial Advisory Inc. AD’s investment portfolio, making the stock its 10th largest holding.
A number of other hedge funds have also recently bought and sold shares of the company. Potomac Fund Management Inc. ADV grew its holdings in Mastercard by 26.4% during the fourth quarter. Potomac Fund Management Inc. ADV now owns 1,121 shares of the credit services provider’s stock worth $640,000 after acquiring an additional 234 shares during the period. Piedmont Capital Management LLC NC acquired a new position in Mastercard during the fourth quarter worth about $562,000. Resources Management Corp CT ADV grew its holdings in Mastercard by 35.9% during the fourth quarter. Resources Management Corp CT ADV now owns 4,142 shares of the credit services provider’s stock worth $2,365,000 after acquiring an additional 1,094 shares during the period. South Plains Financial Inc. acquired a new position in Mastercard during the fourth quarter worth about $91,000. Finally, Sargent Investment Group LLC grew its holdings in Mastercard by 2.0% during the fourth quarter. Sargent Investment Group LLC now owns 15,535 shares of the credit services provider’s stock worth $8,869,000 after acquiring an additional 312 shares during the period. 97.28% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
MA has been the topic of a number of research analyst reports. BNP Paribas Exane raised Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 target price on the stock in a report on Thursday, March 19th. Raymond James Financial set a $609.00 target price on Mastercard in a report on Friday, May 1st. Morgan Stanley reiterated an “overweight” rating and issued a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. Truist Financial decreased their price target on Mastercard from $590.00 to $561.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Finally, TD Cowen reiterated a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Six analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Mastercard currently has a consensus rating of “Buy” and a consensus price target of $656.04.
Mastercard Trading Down 0.1%
NYSE:MA opened at $489.36 on Monday. 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 Incorporated has a 1-year low of $464.52 and a 1-year high of $601.77. The firm has a market capitalization of $432.39 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74. The stock has a fifty day simple moving average of $499.31 and a 200 day simple moving average of $523.49.
Mastercard (NYSE:MA – Get Free Report) 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 return on equity of 212.96% and a net margin of 45.88%.The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the company posted $3.73 EPS. Mastercard’s revenue for the quarter was up 15.8% on a year-over-year basis. Sell-side analysts forecast that Mastercard Incorporated will post 19.6 earnings per share for the current year.
Mastercard News Summary
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 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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