250,298 Mastercard Incorporated $MA Shares Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC lowered its holdings in Mastercard Incorporated (NYSE:MA) by 97.8% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,538 shares of the credit services provider’s stock after selling 250,298 shares during the period. Curated Wealth Partners LLC’s holdings in Mastercard were worth $3,054,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Purus Wealth Management LLC acquired a new stake in shares of Mastercard during the 3rd quarter worth about $211,000. Nvwm LLC grew its position in shares of Mastercard by 0.3% in the 3rd quarter. Nvwm LLC now owns 7,230 shares of the credit services provider’s stock valued at $3,987,000 after buying an additional 22 shares during the last quarter. KG Capital Management grew its holdings in shares of Mastercard by 13.2% during the third quarter. KG Capital Management now owns 1,385 shares of the credit services provider’s stock worth $764,000 after purchasing an additional 162 shares during the last quarter. B.A. Schrock Wealth Management Inc. acquired a new stake in shares of Mastercard in the 3rd quarter valued at about $248,000. Finally, Nolet Wealth Management LLC lifted its stake in Mastercard by 4.3% in the third quarter. Nolet Wealth Management LLC now owns 807 shares of the credit services provider’s stock valued at $445,000 after buying an additional 33 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Price Performance

Shares of NYSE MA traded up $11.47 during trading on Thursday, reaching $614.71. The company had a trading volume of 1,510,467 shares, compared to its average volume of 3,501,759. 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 market capitalization of $538.49 billion, a PE ratio of 33.83, a price-to-earnings-growth ratio of 1.73 and a beta of 0.76. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $616.27. The stock has a 50-day moving average price of $574.08 and a two-hundred day moving average price of $533.48.

Mastercard (NYSE:MA) last released its quarterly earnings results 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 net margin of 46.34% and a return on equity of 239.99%. The company had revenue of $9.28 billion for the quarter, compared to analysts’ expectations of $9.08 billion. During the same period last year, the company earned $4.15 EPS. The firm’s revenue for the quarter was up 14.1% compared to the same quarter last year. As a group, sell-side analysts predict that Mastercard Incorporated will post 19.90 earnings per share for the current year.

Mastercard Dividend Announcement

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

Insider Transactions at Mastercard

In related news, CEO Michael Miebach sold 15,372 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the completion of the sale, the chief executive officer directly owned 93,693 shares of the company’s stock, valued at approximately $53,873,475. This represents a 14.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 3,266 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total value of $1,907,344.00. Following the completion of the sale, the insider owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. This trade represents a 8.18% 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. In the last 90 days, insiders have sold 68,359 shares of company stock valued at $39,290,046. Corporate 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: Mastercard and BVNK launched the Mastercard Global Money Platform, a single-API infrastructure service that enables banks, fintechs and businesses to manage traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK in August and could expand the company’s role in cross-border and digital-asset payments. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Analysts and technical strategists continue to highlight Mastercard’s winning streak and potential for a longer-term breakout. The company has a broad “Buy” consensus, with several firms recently raising price targets, including UBS at $670 and Daiwa at $650. Wall Street views on Mastercard
• Positive Sentiment: Investors are looking for double-digit earnings growth in the upcoming third-quarter report. Mastercard’s latest quarter exceeded consensus estimates for earnings and revenue, with revenue increasing 14.1% year over year, supporting confidence in continued operating momentum. Mastercard earnings expectations
• Positive Sentiment: Mastercard is expanding its payments ecosystem through personalized payment strategies, crypto-linked card programs and stablecoin settlement, while also pursuing cybersecurity and commercial fleet-payment opportunities in emerging markets. These initiatives could create additional transaction volume over time. Mastercard personalized payments strategy
• Neutral Sentiment: Director Julius Genachowski sold shares under a pre-arranged Rule 10b5-1 plan. The transactions modestly reduced his holdings but are less concerning because they were scheduled in advance. Mastercard director stock sale

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Raymond James Financial reissued an “outperform” rating and set a $632.00 price objective (up from $609.00) on shares of Mastercard in a research report on Friday, July 31st. UBS Group raised their target price on shares of Mastercard from $640.00 to $670.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Bank of America raised their price objective on shares of Mastercard from $700.00 to $735.00 and gave the company a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets reissued an “outperform” rating and issued a $665.00 price target on shares of Mastercard in a report on Thursday. Finally, Morgan Stanley raised their target price on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Two investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $682.66.

About Mastercard

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.