Eurizon Capital SGR S.p.A. Takes $103.76 Million Position in Mastercard Incorporated $MA

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Mastercard Incorporated (NYSE:MA) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 181,522 shares of the credit services provider’s stock, valued at approximately $103,755,000.

A number of other hedge funds have also recently made changes to their positions in the company. JTC Employer Solutions Trustee Ltd boosted its stake in shares of Mastercard by 235.8% during the fourth quarter. JTC Employer Solutions Trustee Ltd now owns 75,954 shares of the credit services provider’s stock valued at $43,362,000 after purchasing an additional 53,333 shares in the last quarter. Fideuram Asset Management Ireland dac acquired a new stake in shares of Mastercard during the fourth quarter valued at about $7,596,000. Fiducient Advisors LLC boosted its stake in shares of Mastercard by 120.0% during the fourth quarter. Fiducient Advisors LLC now owns 1,012 shares of the credit services provider’s stock valued at $578,000 after purchasing an additional 552 shares in the last quarter. National Pension Service boosted its stake in shares of Mastercard by 6.8% during the fourth quarter. National Pension Service now owns 1,682,172 shares of the credit services provider’s stock valued at $960,318,000 after purchasing an additional 107,831 shares in the last quarter. Finally, South Street Advisors LLC boosted its stake in shares of Mastercard by 0.6% during the fourth quarter. South Street Advisors LLC now owns 13,534 shares of the credit services provider’s stock valued at $7,726,000 after purchasing an additional 80 shares in the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MA shares. Morgan Stanley reissued an “overweight” rating and set a $679.00 price target on shares of Mastercard in a research note on Friday, May 1st. Evercore reissued a “negative” rating on shares of Mastercard in a research note on Tuesday, March 17th. Tigress Financial lifted their price target on Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research note on Friday, March 13th. Susquehanna cut 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. Finally, JPMorgan Chase & Co. lowered their price objective on Mastercard from $685.00 to $655.00 and set an “overweight” rating for the company in a research report on Friday, January 30th. Six 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 issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $656.04.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s BitLicense approval strengthens its ability to build regulated digital asset, stablecoin, and blockchain-based payment infrastructure, which investors may see as a long-term growth opportunity. Mastercard BitLicense Approval Opens New Chapter In Digital Assets And Valuation
• Positive Sentiment: Coverage suggesting Mastercard is well positioned in the stablecoin battle, alongside peers like SoFi, Block, and Robinhood, highlights the company’s relevance in a fast-growing payments trend. How Mastercard, SoFi, Block are heating up the stablecoin battle
• Positive Sentiment: Analysts remain upbeat on Mastercard despite recent relative underperformance versus fintech peers, suggesting Wall Street still sees upside in the stock’s fundamentals and franchise strength. How Is Mastercard’s Stock Performance Compared to Other FinTech Stocks?
• Neutral Sentiment: Recent valuation-focused commentary notes Mastercard has pulled back from recent highs and trades at a premium multiple, which may keep some investors cautious even as the long-term outlook remains constructive. Mastercard (MA) Valuation Check After Recent Pullback And Premium P/E Multiple
• Neutral Sentiment: Mastercard also announced upcoming investor conference appearances, which is routine corporate communication rather than a major operating update. Mastercard to Participate in Upcoming Investor Conferences

Mastercard Price Performance

Shares of MA opened at $494.45 on Friday. Mastercard Incorporated has a 1 year low of $480.50 and a 1 year high of $601.77. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The company has a market capitalization of $436.89 billion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 1.54 and a beta of 0.76. The business has a 50-day moving average of $501.23 and a 200-day moving average of $527.57.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $3.73 earnings per share. As a group, equities research analysts anticipate that Mastercard Incorporated will post 19.6 earnings per share for the current year.

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.