Duncker Streett & Co. Inc. Sells 2,959 Shares of Mastercard Incorporated $MA

Duncker Streett & Co. Inc. reduced its position in Mastercard Incorporated (NYSE:MA) by 9.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 28,123 shares of the credit services provider’s stock after selling 2,959 shares during the quarter. Mastercard comprises approximately 2.7% of Duncker Streett & Co. Inc.’s investment portfolio, making the stock its 9th largest position. Duncker Streett & Co. Inc.’s holdings in Mastercard were worth $14,052,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of MA. Koa Wealth Management LLC lifted its stake in shares of Mastercard by 23.7% in the first quarter. Koa Wealth Management LLC now owns 3,755 shares of the credit services provider’s stock worth $1,876,000 after buying an additional 719 shares in the last quarter. Hoey Investments Inc. raised its holdings in Mastercard by 16.0% in the 1st quarter. Hoey Investments Inc. now owns 696 shares of the credit services provider’s stock valued at $348,000 after acquiring an additional 96 shares during the last quarter. Meitav Investment House Ltd. increased its holdings in shares of Mastercard by 11.2% in the first quarter. Meitav Investment House Ltd. now owns 80,922 shares of the credit services provider’s stock valued at $40,420,000 after purchasing an additional 8,140 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in Mastercard by 10.3% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,145 shares of the credit services provider’s stock valued at $4,569,000 after buying an additional 852 shares in the last quarter. Finally, United Asset Strategies Inc. increased its stake in shares of Mastercard by 1.5% in the 1st quarter. United Asset Strategies Inc. now owns 42,097 shares of the credit services provider’s stock worth $21,034,000 after acquiring an additional 613 shares during the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Robert W. Baird raised its price target on Mastercard to $680 from $660 and kept an outperform rating, reinforcing a bullish view on the company’s earnings power and long-term upside. Benzinga
• Positive Sentiment: TD Cowen also reiterated a buy rating on Mastercard while trimming its target slightly to $664 from $671, signaling continued confidence in the stock’s valuation and future growth. Benzinga
• Positive Sentiment: Mastercard joined the coalition behind the new Open USD stablecoin, highlighting its push into digital assets and multi-rail payments, which could support longer-term growth in money movement and services revenue. Yahoo Finance
• Positive Sentiment: Recent articles continue to frame Mastercard as a beneficiary of secular fintech trends, including expansion beyond cards, stronger security-focused partnerships, and a fresh $11.7 billion buyback authorization, all of which support the investment case. Zacks
• Neutral Sentiment: Several analyst and commentary pieces argue that Mastercard remains a strong long-term compounder and potentially undervalued relative to peers like PayPal, but these are opinion-driven and not immediate catalysts. MSN
• Neutral Sentiment: One recent market update noted that Mastercard had been trading mixed versus the broader market, which helps explain why the shares have not moved sharply despite the positive news flow. Yahoo Finance

Analysts Set New Price Targets

Several equities research analysts recently issued reports on MA shares. BNP Paribas Exane upgraded shares of Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price objective for the company in a research report on Thursday, March 19th. Raymond James Financial set a $609.00 target price on shares of Mastercard in a report on Friday, May 1st. Citigroup cut their price target on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Morgan Stanley reaffirmed an “overweight” rating and set a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. Finally, Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Six analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Mastercard currently has an average rating of “Buy” and an average price target of $654.31.

Insider Buying and Selling

In other Mastercard news, insider Raj Seshadri sold 4,828 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the sale, the insider owned 16,429 shares in the company, valued at $8,625,225. This represents a 22.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.09% of the stock is owned by insiders.

Mastercard Stock Down 0.3%

Shares of NYSE:MA opened at $531.35 on Wednesday. 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 firm has a market capitalization of $469.49 billion, a PE ratio of 30.75, a price-to-earnings-growth ratio of 1.66 and a beta of 0.73. The firm’s 50-day moving average is $499.07 and its two-hundred day moving average is $518.14. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77.

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

Mastercard Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors 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 dividend on an annualized basis and a yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is 20.14%.

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.