Mastercard Incorporated $MA Shares Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. grew its holdings in shares of Mastercard Incorporated (NYSE:MA) by 7.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,302 shares of the credit services provider’s stock after purchasing an additional 1,772 shares during the period. Mastercard makes up about 0.6% of Mufg Securities Americas Inc.’s portfolio, making the stock its 26th biggest holding. Mufg Securities Americas Inc.’s holdings in Mastercard were worth $12,482,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Robinswood Financial LLC purchased a new stake in shares of Mastercard during the first quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares in the last quarter. Strive Financial Group LLC purchased a new position in shares of Mastercard in the 4th quarter valued at approximately $27,000. Hyposwiss Advisors SA purchased a new position in shares of Mastercard in the 4th quarter valued at approximately $29,000. Finally, First Pacific Financial boosted its stake in Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Performance

MA opened at $595.51 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.62. The firm has a 50 day moving average of $549.15 and a two-hundred day moving average of $519.62. The firm has a market capitalization of $521.67 billion, a PE ratio of 32.76, a P/E/G ratio of 1.78 and a beta of 0.72.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating the consensus estimate of $4.77 by $0.27. The business had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the firm earned $4.15 EPS. On average, analysts anticipate that Mastercard Incorporated will post 19.86 EPS for the current year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Thursday, July 9th were given a dividend of $0.87 per share. The ex-dividend date was Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard’s payout ratio is currently 19.14%.

Insider Buying and Selling

In other Mastercard news, insider J. Mehra Sachin sold 1,000 shares of the stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $572.07, for a total transaction of $572,070.00. Following the sale, the insider directly owned 39,916 shares of the company’s stock, valued at approximately $22,834,746.12. This trade represents a 2.44% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of Mastercard stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total value of $1,047,276.21. Following the transaction, the insider owned 16,429 shares of the company’s stock, valued at $8,702,934.17. The trade was a 10.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,357 shares of company stock valued at $40,637,262 in the last 90 days. 0.09% of the stock is currently owned by insiders.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and QNB Group processed Syria’s first international card transaction in more than 15 years. The milestone marks the reopening and modernization of Syria’s international payments infrastructure following the lifting of certain U.S. restrictions. Although the near-term financial contribution is likely to be small, the development creates a potential new market and demonstrates Mastercard’s ability to support payments expansion. Syria marks first international card transaction in more than 15 years with Mastercard and QNB Group
• Positive Sentiment: Analysts have given Mastercard a consensus “Buy” rating. Continued Wall Street support adds to the bullish backdrop, though the rating itself may already be reflected in the share price. Mastercard Incorporated Given Consensus Rating of Buy by Analysts
• Positive Sentiment: Pershing Square founder Bill Ackman added Mastercard to the hedge fund’s portfolio. The purchase may improve investor sentiment by signaling confidence from a prominent long-term investor, although it does not change Mastercard’s operating outlook. Bill Ackman Just Made His Biggest Portfolio Overhaul in Years
• Positive Sentiment: A partnership with Klook targets growing travel and experiences spending across Asia Pacific. Mastercard cardholder benefits and additional travel-related payment touchpoints could support transaction volume in a high-growth region. Klook and Mastercard collaborate to enhance travelers’ experiences across Asia Pacific
• Neutral Sentiment: Mastercard will participate in the Goldman Sachs Communacopia + Technology Conference on September 10, where CFO Ling Hai is scheduled to speak. Investors may look for updates on growth, margins and capital allocation, but no new financial information was provided. Mastercard to Participate in Upcoming Investor Conference
• Neutral Sentiment: Mastercard’s name appears as a supporter of an XRPL/Ripple hackathon, but reports caution that the sponsorship does not represent a new cryptocurrency partnership or major product launch. Mastercard’s Name Is on the Ripple Hackathon, But Don’t Get Ahead of Yourself

Analyst Ratings Changes

Several research firms have weighed in on MA. Clear Str raised shares of Mastercard to a “strong-buy” rating in a research report on Thursday, July 16th. Piper Sandler initiated coverage on shares of Mastercard in a report on Monday, June 29th. They issued an “overweight” rating and a $597.00 price target for the company. Morgan Stanley lifted their price objective on shares of Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Wolfe Research boosted their price objective on shares of Mastercard from $680.00 to $740.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Royal Bank Of Canada upped their target price on Mastercard from $629.00 to $642.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Five analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Mastercard has an average rating of “Buy” and an average price target of $664.71.

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.