Capital International Sarl Buys 13,791 Shares of Mastercard Incorporated $MA

Capital International Sarl grew its stake in shares of Mastercard Incorporated (NYSE:MA) by 14.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 110,616 shares of the credit services provider’s stock after purchasing an additional 13,791 shares during the period. Mastercard comprises about 1.0% of Capital International Sarl’s investment portfolio, making the stock its 24th largest holding. Capital International Sarl’s holdings in Mastercard were worth $63,148,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MA. E Fund Management Hong Kong Co. Ltd. increased its holdings in Mastercard by 820.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after purchasing an additional 41 shares in the last quarter. Tacita Capital Inc increased its holdings in Mastercard by 50.0% during the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 19 shares in the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings in Mastercard by 250.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 40 shares in the last quarter. Bay Harbor Wealth Management LLC increased its holdings in Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 20 shares in the last quarter. Finally, Birchbrook Inc. bought a new stake in Mastercard during the 4th quarter worth approximately $37,000. 97.28% of the stock is owned by institutional investors.

Mastercard Stock Performance

MA stock opened at $491.67 on Friday. The firm has a market cap of $434.43 billion, a PE ratio of 28.45, a P/E/G ratio of 1.53 and a beta of 0.74. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The business has a 50 day moving average of $499.81 and a 200-day moving average of $525.11. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month 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, 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 return on equity of 212.96% and a net margin of 45.88%.Mastercard’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company posted $3.73 earnings per share. As a group, sell-side analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current year.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Wall Street Analyst Weigh In

A number of analysts have commented on MA shares. Bank of America started coverage on Mastercard in a report on Thursday, March 5th. They set a “buy” rating and a $700.00 price objective for the company. Wolfe Research reissued an “outperform” rating on shares of Mastercard in a report on Tuesday, March 17th. Evercore reissued a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $679.00 target price on shares of Mastercard in a report on Friday, May 1st. Finally, BMO Capital Markets assumed coverage on Mastercard in a report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 target price for the company. Six investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Mastercard has an average rating of “Buy” and a consensus price target of $656.04.

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.