Leonteq Securities AG Sells 1,235 Shares of Mastercard Incorporated $MA

Leonteq Securities AG reduced its holdings in Mastercard Incorporated (NYSE:MA) by 16.1% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,430 shares of the credit services provider’s stock after selling 1,235 shares during the quarter. Leonteq Securities AG’s holdings in Mastercard were worth $3,213,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of MA. Brighton Jones LLC increased its holdings in shares of Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after buying an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares during the last quarter. Betterment LLC lifted its holdings in shares of Mastercard by 6.5% during the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in Mastercard by 35.8% in the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in Mastercard in the second quarter worth $431,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Mastercard Price Performance

MA stock opened at $539.00 on Friday. The firm has a market cap of $476.25 billion, a P/E ratio of 31.19, a P/E/G ratio of 1.63 and a beta of 0.73. The firm’s fifty day moving average is $497.34 and its 200 day moving average is $518.82. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The business had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the previous year, the firm posted $3.73 earnings per share. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Research analysts predict that Mastercard Incorporated will post 19.61 earnings per share for the current year.

Mastercard Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, July 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. Mastercard’s payout ratio is currently 20.14%.

Mastercard News Summary

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard expanded its global payments strategy through a new partnership with VEON to improve accessible financial services across Ukraine, Kazakhstan, Pakistan and Uzbekistan, which could support long-term transaction growth and network usage. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also announced cybersecurity-related initiatives in Africa, reinforcing its brand with governments and potentially strengthening trust in its payment infrastructure over time. Mastercard partners govts to protect Africa’s cyberspace
• Positive Sentiment: Analysts remain constructive, with coverage noting Mastercard’s strong history of beating earnings estimates and suggesting it may post another upside surprise next quarter. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Piper Sandler upgraded Mastercard to strong-buy, a vote of confidence that can help support the valuation. Mastercard upgraded by Piper Sandler
• Neutral Sentiment: Insider Raj Seshadri sold shares under a pre-arranged Rule 10b5-1 plan. The sales are worth noting, but they do not necessarily signal negative fundamentals. SEC filing for insider sale
• Neutral Sentiment: Broader commentary on stablecoins and Visa’s Open USD push highlights increasing competition and change in payments, but the articles frame Mastercard as well-positioned rather than under immediate pressure. Visa, Mastercard and 140 firms launch Open USD

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BMO Capital Markets started coverage on Mastercard in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 target price on the stock. Dbs Bank raised Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Truist Financial reduced their price objective on Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Finally, UBS Group reissued a “buy” rating on shares of Mastercard in a report on Thursday, June 25th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Mastercard presently has a consensus rating of “Buy” and an average price target of $653.81.

Insider Buying and Selling at Mastercard

In other news, insider Raj Seshadri sold 1,977 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total value of $1,047,276.21. Following the completion of the sale, the insider owned 16,429 shares of the company’s stock, valued at approximately $8,702,934.17. The trade was a 10.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.09% of the company’s stock.

Mastercard Company 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.