Greenup Street Wealth Management LLC lessened its stake in Mastercard Incorporated (NYSE:MA – Free Report) by 81.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 852 shares of the credit services provider’s stock after selling 3,836 shares during the period. Greenup Street Wealth Management LLC’s holdings in Mastercard were worth $470,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of MA. State Street Corp increased its stake in shares of Mastercard by 1.3% in the 2nd quarter. State Street Corp now owns 36,964,305 shares of the credit services provider’s stock valued at $18,984,867,000 after buying an additional 486,283 shares during the period. Jennison Associates LLC raised its position in shares of Mastercard by 10.4% during the first quarter. Jennison Associates LLC now owns 5,123,041 shares of the credit services provider’s stock worth $2,559,779,000 after acquiring an additional 480,725 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Mastercard by 1.0% during the first quarter. Dimensional Fund Advisors LP now owns 4,225,359 shares of the credit services provider’s stock worth $2,111,216,000 after acquiring an additional 42,871 shares during the last quarter. Amundi lifted its stake in shares of Mastercard by 5.8% during the second quarter. Amundi now owns 3,626,416 shares of the credit services provider’s stock valued at $1,862,527,000 after acquiring an additional 199,424 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Mastercard by 17.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 3,666,018 shares of the credit services provider’s stock valued at $1,831,763,000 after acquiring an additional 554,366 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.
Insiders Place Their Bets
In related news, CEO Michael Miebach sold 15,372 shares of Mastercard stock in a transaction that occurred 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 transaction, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. This trade represents a 14.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the transaction, the insider owned 36,650 shares of the company’s stock, valued at approximately $21,403,600. This 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. Insiders sold a total of 56,048 shares of company stock worth $32,527,203 over the last ninety days. Company insiders own 0.09% of the company’s stock.
Analyst Ratings Changes
MA has been the topic of several recent research reports. Royal Bank Of Canada raised their price target on Mastercard from $696.00 to $742.00 and gave the company an “outperform” rating in a report on Friday. Keefe, Bruyette & Woods boosted their price objective on Mastercard from $685.00 to $750.00 and gave the stock an “outperform” rating in a report on Friday. Piper Sandler upped their target price on shares of Mastercard from $597.00 to $710.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Robert W. Baird raised their target price on shares of Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research note on Friday, October 9th. Finally, Daiwa Securities Group lifted their price target on shares of Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $698.36.
Check Out Our Latest Stock Analysis on Mastercard
Mastercard Trading Up 0.4%
NYSE:MA opened at $638.50 on Friday. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $644.24. The business’s 50-day moving average price is $586.79 and its two-hundred day moving average price is $536.21. The company has a current ratio of 1.01, a quick ratio of 1.06 and a debt-to-equity ratio of 3.29. The firm has a market capitalization of $559.33 billion, a price-to-earnings ratio of 33.39, a PEG ratio of 1.81 and a beta of 0.76.
Mastercard (NYSE:MA – Get Free Report) last issued its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.17 by $0.14. The firm had revenue of $9.81 billion for the quarter, compared to analysts’ expectations of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The company’s revenue was up 14.0% compared to the same quarter last year. During the same quarter last year, the business earned $4.38 earnings per share. On average, equities analysts expect that Mastercard Incorporated will post 19.91 earnings per share for the current year.
Mastercard Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Friday, October 9th. Mastercard’s dividend payout ratio (DPR) is currently 18.20%.
Trending Headlines about Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Q3 results exceeded expectations: Mastercard reported adjusted earnings of $5.31 per share versus the $5.17 consensus, while revenue rose 14% year over year to $9.81 billion, ahead of the $9.66 billion estimate. Net income increased 18% to approximately $4.6 billion. Reuters earnings article
- Positive Sentiment: Payment activity and services remained strong: Purchase volume rose 9%, cross-border volume increased 11%, and switched transactions grew 9% on a local-currency basis. Value-added services revenue advanced 19%, supported by fraud prevention, data and marketing offerings, while the adjusted operating margin reached 60.5%.
- Positive Sentiment: Analyst sentiment improved materially: TD Cowen, Wells Fargo, RBC, Barclays, Keefe, Bruyette & Woods and Susquehanna all raised their price targets, with targets ranging from $700 to $750 and ratings including “buy,” “overweight” and “outperform.” Analysts also highlighted Mastercard’s potential in AI commerce, tokenized payments and stablecoins. Zacks earnings call article
- Neutral Sentiment: Mastercard continues expanding its payments ecosystem through partnerships involving Google Pay, pay-by-bank services, co-branded cards and agentic commerce. These initiatives could support long-term transaction growth, although their near-term financial contribution is uncertain.
- Negative Sentiment: Investors face legal and financial risks. A proposed £5 billion UK collective lawsuit alleges Mastercard’s interchange fees harmed merchants. Separately, nine-month operating cash flow declined 6%, while buybacks and dividends exceeded operating cash flow and debt increased by roughly $4.9 billion. UK lawsuit article
Mastercard Company Profile
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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.
In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.
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