Mastercard Incorporated $MA Shares Sold by Mirabaud & Cie SA

Mirabaud & Cie SA cut its position in shares of Mastercard Incorporated (NYSE:MA) by 19.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,189 shares of the credit services provider’s stock after selling 1,235 shares during the period. Mastercard accounts for 1.0% of Mirabaud & Cie SA’s holdings, making the stock its 18th biggest position. Mirabaud & Cie SA’s holdings in Mastercard were worth $2,962,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MA. Evolution Wealth Management Inc. purchased a new stake in shares of Mastercard during the 2nd quarter worth about $29,000. Robbins Farley grew its position in shares of Mastercard by 50.0% during the 3rd quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock valued at $31,000 after acquiring an additional 18 shares during the period. Foster Dykema Cabot & Partners LLC increased its stake in shares of Mastercard by 250.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 40 shares in the last quarter. Tacita Capital Inc increased its stake in shares of Mastercard by 50.0% in the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 19 shares in the last quarter. Finally, Sagard Holdings Management Inc. acquired a new position in Mastercard in the 2nd quarter worth about $37,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on MA. Truist Financial set a $611.00 price target on Mastercard in a research report on Tuesday, February 10th. Royal Bank Of Canada restated an “outperform” rating and issued a $656.00 price objective on shares of Mastercard in a research report on Friday, January 30th. Tigress Financial upped their target price on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a research note on Friday, March 13th. HSBC upgraded Mastercard from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 8th. Finally, UBS Group dropped their price target on shares of Mastercard from $700.00 to $650.00 and set a “buy” rating on the stock in a research note on Tuesday. Six investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $664.40.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Amazon selects Mastercard/U.S. Bank to issue new U.S. business credit cards (replacing AmEx), a meaningful new client win that should drive transaction volume and net?interchange revenue over time. Read More.
• Positive Sentiment: Loop Capital initiated coverage with a Buy rating and $631 price target, signaling analyst confidence in MA after recent pullbacks; positive momentum for investor sentiment. Read More.
• Positive Sentiment: Traditional finance continues to muscle into crypto: Franklin Templeton bought 250 Digital, and fintechs are launching stablecoin card rails that run on Mastercard’s network — potential new volume and fee streams as digital assets integrate with card payments. Read More.
• Neutral Sentiment: Mastercard is reportedly exploring selling a European “real payment” unit (acquired 2019) that generates ~$370M revenue and ~$100M earnings — could shrink recurring revenue if sold but may free capital to invest in higher?growth blockchain/stablecoin initiatives. Read More.
• Neutral Sentiment: Mixed analyst action: Evercore ISI reiterated an In Line rating ($610 PT) and UBS trimmed its target from $700 to $650 while keeping a Buy — supports longer?term upside but highlights near?term valuation reassessment. Read More.
• Negative Sentiment: Australia’s central bank plans to ban merchant surcharges from October, a policy that could pressure card?related fees and merchant economics in a key market. Read More.
• Negative Sentiment: Regulatory/reputational noise persists (FTC scrutiny referenced over past conduct), a reminder that public policy and reputation risk can affect issuer/processor relationships and costs. Read More.

Mastercard Trading Down 1.5%

MA stock opened at $491.96 on Thursday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.36. Mastercard Incorporated has a 12-month low of $465.59 and a 12-month high of $601.77. The stock has a market cap of $438.74 billion, a price-to-earnings ratio of 29.78, a PEG ratio of 1.60 and a beta of 0.83. The business’s 50-day moving average is $517.71 and its 200 day moving average is $545.96.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, January 29th. The credit services provider reported $4.76 EPS for the quarter, topping the consensus estimate of $4.24 by $0.52. The company had revenue of $8.81 billion during the quarter, compared to analyst estimates of $8.80 billion. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.Mastercard’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the previous year, the business earned $3.82 EPS. On average, sell-side analysts anticipate that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.

Mastercard Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Thursday, April 9th will be given a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Thursday, April 9th. Mastercard’s payout ratio is presently 21.07%.

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.