Mattern Capital Management LLC increased its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 11.9% in the first quarter, Holdings Channel reports. The firm owned 15,960 shares of the credit services provider’s stock after buying an additional 1,691 shares during the period. Mattern Capital Management LLC’s holdings in Mastercard were worth $7,975,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares during the last quarter. Strive Financial Group LLC acquired a new position in shares of Mastercard in the 4th quarter worth approximately $27,000. Hyposwiss Advisors SA acquired a new position in shares of Mastercard in the 4th quarter worth approximately $29,000. First Pacific Financial boosted its position in shares of Mastercard by 113.8% during the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 33 shares during the period. Finally, Bay Harbor Wealth Management LLC boosted its position in shares of Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 20 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.
Trending Headlines about Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard shares are being supported by broader strength in financial stocks, which rose late in the session and helped lift sentiment across the sector. Sector Update: Financial Stocks Rise Late Afternoon
- Positive Sentiment: Analysts continue to point to meaningful upside in Mastercard, with Buy ratings and favorable MarketRank/price-target sentiment reinforcing a constructive outlook for the stock. Analysts See Major Upside for These 5 Stocks (MA)
- Positive Sentiment: Mastercard also gained attention after adding NordVPN to its lifestyle perks, a small but positive consumer-facing enhancement that could support cardholder engagement. NordVPN is now part of Mastercard’s lifestyle perks — find out if you are eligible
- Neutral Sentiment: News that Mastercard is reviewing options for its U.K. payments subsidiary Vocalink suggests portfolio optimization, but the financial impact is still unclear because talks are reportedly early and no deal has been announced. Mastercard examines sale of UK payments subsidiary Vocalink
- Neutral Sentiment: Additional reports that Mastercard may sell a majority stake in Vocalink, and commentary about overseas regulators and “payment protectionism,” could matter strategically, but they do not yet indicate a completed transaction or immediate earnings impact. Mastercard in early talks to sell majority stake in Vocalink– report
- Negative Sentiment: The Vocalink headlines also highlight regulatory pressure in the U.K. and concerns about foreign ownership of critical payments infrastructure, which could create uncertainty or limit Mastercard’s strategic flexibility. Mastercard’s Vocalink rumors and the rise of payment protectionism
Mastercard Stock Up 2.0%
Mastercard (NYSE:MA – Get Free Report) last released its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.Mastercard’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm posted $3.73 EPS. As a group, equities analysts expect that Mastercard Incorporated will post 19.61 earnings per share for the current fiscal year.
Mastercard Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s payout ratio is 20.14%.
Analyst Ratings Changes
A number of analysts have issued reports on MA shares. Truist Financial cut their target price on Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Evercore restated a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. TD Cowen dropped their price objective on Mastercard from $671.00 to $664.00 and set a “buy” rating for the company in a research note on Tuesday, July 7th. Susquehanna cut their price objective on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Finally, Wolfe Research reissued an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Seven research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $653.78.
Read Our Latest Analysis on MA
Insiders Place Their Bets
In other Mastercard news, insider Raj Seshadri sold 4,828 shares of Mastercard stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the completion of the sale, the insider directly owned 16,429 shares of the company’s stock, valued at $8,625,225. The trade was a 22.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 approximately $1,793,880. This represents a 5.68% 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. In the last quarter, insiders have sold 7,005 shares of company stock valued at $3,689,976. Insiders own 0.09% of the company’s stock.
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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