Dynamic Advisor Solutions LLC Lowers Holdings in Mastercard Incorporated $MA

Dynamic Advisor Solutions LLC reduced its position in Mastercard Incorporated (NYSE:MAFree Report) by 40.7% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 10,207 shares of the credit services provider’s stock after selling 6,995 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Mastercard were worth $5,242,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Robinswood Financial LLC purchased a new stake in Mastercard in the 1st quarter valued at approximately $25,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Mastercard by 820.0% in 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 buying an additional 41 shares in the last quarter. Strive Financial Group LLC acquired a new position in Mastercard during the fourth quarter worth $27,000. Hyposwiss Advisors SA acquired a new position in Mastercard during the fourth quarter worth $29,000. Finally, First Pacific Financial raised its position in Mastercard by 113.8% in the first quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Insiders Place Their Bets

In related news, insider Raj Seshadri sold 1,977 shares of the stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the sale, the insider owned 16,429 shares of the company’s stock, valued at $8,702,934.17. This trade represents a 10.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider J. Mehra Sachin sold 3,000 shares of Mastercard stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $571.87, for a total value of $1,715,610.00. Following the sale, the insider owned 40,916 shares of the company’s stock, valued at approximately $23,398,632.92. This represents a 6.83% 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 three months, insiders sold 62,913 shares of company stock valued at $35,769,036. Insiders own 0.09% of the company’s stock.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

  • Positive Sentiment: Stablecoin initiatives strengthen Mastercard’s growth outlook: Mastercard is partnering with Borderless.xyz to test trusted cross-border stablecoin payment flows using Mastercard Crypto Credential. The company is also a founding validator for Circle’s Arc blockchain, scheduled to launch on September 16, alongside BlackRock, Visa and other financial institutions. These initiatives could create future transaction, compliance and infrastructure revenue opportunities. Mastercard and Borderless.xyz stablecoin partnership
  • Positive Sentiment: Fiserv deal expands merchant reach: Mastercard’s integration with Fiserv Commerce Hub will give enterprise merchants a single connection to Mastercard services across online, mobile and in-store channels, potentially increasing payment volume and adoption of higher-margin value-added services. Mastercard expands merchant reach through Fiserv
  • Positive Sentiment: Analyst sentiment remains favorable: Wall Street analysts continue to rate Mastercard positively, with Cantor Fitzgerald recently raising its price target to $695 and maintaining an overweight rating. The outlook is supported by Mastercard’s latest earnings beat, including revenue growth of 14.1% year over year. Wall Street outlook for Mastercard
  • Neutral Sentiment: New Mastercard corporate cards in the UAE and Egypt and expanded premium travel benefits in Asia could support regional engagement, but the near-term earnings impact is likely limited. Mastercard corporate cards in the UAE and Egypt
  • Negative Sentiment: Multiple insiders sold shares: CEO Michael Miebach sold 15,372 shares for approximately $8.8 million, while J. Mehra Sachin sold 3,000 shares and Linda Pistecchia Kirkpatrick recently sold 4,280 shares. All transactions were made under pre-arranged Rule 10b5-1 plans, reducing—but not eliminating—the bearish signal. Mastercard insider sale filings

Wall Street Analyst Weigh In

MA has been the topic of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a “buy” rating and set a $701.00 price target on shares of Mastercard in a research note on Thursday, July 30th. Cantor Fitzgerald upped their target price on shares of Mastercard from $650.00 to $695.00 and gave the stock an “overweight” rating in a research report on Monday. Robert W. Baird increased their target price on shares of Mastercard from $660.00 to $680.00 and gave the company an “outperform” rating in a report on Tuesday, July 7th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Mastercard in a research report on Tuesday, July 21st. Finally, Susquehanna decreased their price target on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Five investment analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Mastercard currently has a consensus rating of “Buy” and a consensus target price of $661.93.

Read Our Latest Analysis on MA

Mastercard Stock Up 1.0%

MA stock opened at $576.16 on Friday. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. The company’s 50 day simple moving average is $521.01 and its 200-day simple moving average is $515.08. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $601.77. The firm has a market capitalization of $509.09 billion, a PE ratio of 31.69, a P/E/G ratio of 1.72 and a beta of 0.72.

Mastercard (NYSE:MAGet Free Report) last issued its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the previous year, the firm posted $4.15 EPS. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. Equities analysts expect that Mastercard Incorporated will post 19.78 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be issued a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s payout ratio is 19.14%.

About Mastercard

(Free Report)

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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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:MAFree Report).

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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