Procyon Advisors LLC boosted its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 100.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,220 shares of the credit services provider’s stock after purchasing an additional 6,134 shares during the period. Procyon Advisors LLC’s holdings in Mastercard were worth $6,976,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently bought and sold shares of the stock. Evolution Wealth Management Inc. bought a new stake in shares of Mastercard during the 2nd quarter worth approximately $29,000. Robbins Farley grew its stake in shares of Mastercard by 50.0% in the third quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock valued at $31,000 after buying an additional 18 shares in the last quarter. Foster Dykema Cabot & Partners LLC grew its stake in shares of Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after buying an additional 40 shares in the last quarter. Tacita Capital Inc increased its holdings in Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after buying an additional 19 shares during the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in Mastercard during the second quarter worth $37,000. 97.28% of the stock is currently owned by institutional investors.
Mastercard Stock Performance
MA opened at $496.91 on Friday. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.03 and a quick ratio of 1.03. The business has a fifty day simple moving average of $525.06 and a 200 day simple moving average of $551.00. Mastercard Incorporated has a 1 year low of $465.59 and a 1 year high of $601.77. The company has a market capitalization of $443.15 billion, a PE ratio of 30.08, a price-to-earnings-growth ratio of 1.60 and a beta of 0.83.
Mastercard Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Thursday, April 9th will be given a dividend of $0.87 per share. This represents a $3.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s dividend payout ratio (DPR) is currently 21.07%.
Analyst Upgrades and Downgrades
MA has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Mastercard from a “hold” rating to a “buy” rating in a research note on Sunday, March 15th. Royal Bank Of Canada restated an “outperform” rating and set a $656.00 price objective on shares of Mastercard in a research note on Friday, January 30th. Cantor Fitzgerald raised Mastercard to a “strong-buy” rating in a research report on Tuesday, January 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $739.00 target price on shares of Mastercard in a research note on Thursday, January 29th. Finally, Wolfe Research reissued an “outperform” rating on shares of Mastercard in a report on Tuesday. Six equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Mastercard presently has a consensus rating of “Buy” and a consensus target price of $667.88.
Read Our Latest Stock Report on Mastercard
Key Headlines Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Major strategic deal — Mastercard agreed to acquire BVNK for about $1.8 billion, strengthening its stablecoin and digital-asset infrastructure capabilities, a direct revenue/strategic growth catalyst as the company pushes deeper into crypto-enabled payments. Stablecoin Strategy: Mastercard to Acquire BVNK for US$1.8bn
- Positive Sentiment: Analyst upgrade — BNP Paribas Exane raised Mastercard from “neutral” to “outperform” and set a $600 price target, a bullish signal that can attract buyers and support near-term momentum. BNP Paribas Exane Upgrade
- Positive Sentiment: Bullish research/valuation views — recent analyst and independent commentary (e.g., Seeking Alpha) highlight Mastercard’s high margins, transaction growth, and multi-year EPS runway, reinforcing the long-term investment case. Mastercard: You Swipe, I Win
- Neutral Sentiment: Legal update — London’s Court of Appeal has allowed Mastercard and Visa to appeal a ruling that their default merchant interchange fees breach competition law; the decision preserves the right to challenge the judgment but leaves the underlying antitrust risk unresolved. Allowed to Appeal UK Ruling
- Neutral Sentiment: Value/price-check coverage — several pieces examine whether the recent pullback makes MA a buy, noting solid fundamentals but some short-term share weakness versus historical highs; useful context for longer-term investors but not an immediate catalyst. Is Mastercard Offering Value After Recent Share Price Weakness?
- Negative Sentiment: Near-term market pressure — articles and market note flow highlight that Mastercard (and peers Visa/AmEx) have seen recent selling/“roughing up,” and some traders are positioning this as a buy-the-dip situation; that selling pressure can keep volatility and cap near-term upside. Why Mastercard Shares Are Trading Lower Today
About Mastercard
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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