Triglav Investments D.O.O. Has $21.03 Million Stock Holdings in Mastercard Incorporated $MA

Triglav Investments D.O.O. cut its holdings in shares of Mastercard Incorporated (NYSE:MA) by 6.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 36,844 shares of the credit services provider’s stock after selling 2,563 shares during the quarter. Mastercard comprises about 1.3% of Triglav Investments D.O.O.’s holdings, making the stock its 16th largest position. Triglav Investments D.O.O.’s holdings in Mastercard were worth $21,034,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. JTC Employer Solutions Trustee Ltd boosted its position in Mastercard by 235.8% during the 4th quarter. JTC Employer Solutions Trustee Ltd now owns 75,954 shares of the credit services provider’s stock worth $43,362,000 after buying an additional 53,333 shares during the period. Fideuram Asset Management Ireland dac acquired a new stake in Mastercard during the 4th quarter worth approximately $7,596,000. Fiducient Advisors LLC boosted its position in Mastercard by 120.0% during the 4th quarter. Fiducient Advisors LLC now owns 1,012 shares of the credit services provider’s stock worth $578,000 after buying an additional 552 shares during the period. National Pension Service boosted its position in Mastercard by 6.8% during the 4th quarter. National Pension Service now owns 1,682,172 shares of the credit services provider’s stock worth $960,318,000 after buying an additional 107,831 shares during the period. Finally, South Street Advisors LLC lifted its position in shares of Mastercard by 0.6% in the 4th quarter. South Street Advisors LLC now owns 13,534 shares of the credit services provider’s stock worth $7,726,000 after purchasing an additional 80 shares during the period. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Truist Financial dropped their price target on shares of Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Daiwa Securities Group set a $610.00 price target on shares of Mastercard and gave the stock an “outperform” rating in a research report on Monday, February 2nd. Morgan Stanley restated an “overweight” rating and issued a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. Wall Street Zen downgraded shares of Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Finally, BNP Paribas Exane upgraded shares of Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price target on the stock in a research report on Thursday, March 19th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $656.04.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s BitLicense approval strengthens its ability to build regulated digital asset, stablecoin, and blockchain-based payment infrastructure, which investors may see as a long-term growth opportunity. Mastercard BitLicense Approval Opens New Chapter In Digital Assets And Valuation
• Positive Sentiment: Coverage suggesting Mastercard is well positioned in the stablecoin battle, alongside peers like SoFi, Block, and Robinhood, highlights the company’s relevance in a fast-growing payments trend. How Mastercard, SoFi, Block are heating up the stablecoin battle
• Positive Sentiment: Analysts remain upbeat on Mastercard despite recent relative underperformance versus fintech peers, suggesting Wall Street still sees upside in the stock’s fundamentals and franchise strength. How Is Mastercard’s Stock Performance Compared to Other FinTech Stocks?
• Neutral Sentiment: Recent valuation-focused commentary notes Mastercard has pulled back from recent highs and trades at a premium multiple, which may keep some investors cautious even as the long-term outlook remains constructive. Mastercard (MA) Valuation Check After Recent Pullback And Premium P/E Multiple
• Neutral Sentiment: Mastercard also announced upcoming investor conference appearances, which is routine corporate communication rather than a major operating update. Mastercard to Participate in Upcoming Investor Conferences

Mastercard Stock Performance

NYSE:MA opened at $494.45 on Friday. The company has a fifty day moving average of $501.23 and a 200-day moving average of $527.57. The firm has a market capitalization of $436.89 billion, a P/E ratio of 28.61, a P/E/G ratio of 1.54 and a beta of 0.76. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. Mastercard Incorporated has a twelve month low of $480.50 and a twelve month high of $601.77.

Mastercard (NYSE:MA) last released its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.19. The company had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. Mastercard’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.73 EPS. As a group, sell-side analysts anticipate that Mastercard Incorporated will post 19.6 EPS for the current year.

Mastercard 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.