Grove Bank & Trust cut its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 24.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,363 shares of the credit services provider’s stock after selling 2,408 shares during the period. Grove Bank & Trust’s holdings in Mastercard were worth $4,203,000 at the end of the most recent quarter.
Other hedge funds have also bought and sold shares of the company. Evolution Wealth Management Inc. bought a new position in shares of Mastercard during the 2nd quarter valued at approximately $29,000. Robbins Farley raised its stake in Mastercard by 50.0% during the 3rd quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 18 shares during the period. Tacita Capital Inc lifted its holdings in Mastercard by 50.0% during the third 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. Foster Dykema Cabot & Partners LLC boosted its position in shares of Mastercard by 250.0% in the third 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 during the period. Finally, Sagard Holdings Management Inc. bought a new position in shares of Mastercard in the second quarter worth approximately $37,000. Institutional investors own 97.28% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently commented on MA shares. Cantor Fitzgerald upgraded shares of Mastercard to a “strong-buy” rating in a research report on Tuesday, January 27th. Rothschild & Co Redburn set a $685.00 target price on shares of Mastercard in a report on Wednesday, January 28th. Macquarie Infrastructure raised their price target on Mastercard from $660.00 to $675.00 and gave the company an “outperform” rating in a report on Friday, January 30th. Evercore restated a “negative” rating on shares of Mastercard in a research report on Tuesday. Finally, Morgan Stanley upped their price objective on Mastercard from $665.00 to $678.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Six investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given 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 an average price target of $667.88.
Mastercard Stock Performance
NYSE MA opened at $496.91 on Friday. The company has a debt-to-equity ratio of 2.36, a current ratio of 1.03 and a quick ratio of 1.03. Mastercard Incorporated has a 1-year low of $465.59 and a 1-year high of $601.77. The business has a 50 day simple moving average of $525.06 and a two-hundred day simple moving average of $551.00. The stock has a market capitalization of $443.15 billion, a PE ratio of 30.08, a P/E/G ratio of 1.60 and a beta of 0.83.
Mastercard (NYSE:MA – Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The credit services provider reported $4.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.24 by $0.52. Mastercard had a return on equity of 203.92% and a net margin of 45.65%.The business had revenue of $8.81 billion for the quarter, compared to analysts’ expectations of $8.80 billion. During the same period in the prior year, the firm earned $3.82 EPS. The company’s revenue for the quarter was up 17.5% on a year-over-year basis. On average, research analysts predict that Mastercard Incorporated will post 15.91 EPS for the current fiscal year.
Mastercard Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s dividend payout ratio (DPR) is presently 21.07%.
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Major strategic deal — Mastercard agreed to acquire BVNK for about $1.8 billion, strengthening its stablecoin and digital-asset infrastructure capabilities, a direct revenue/strategic growth catalyst as the company pushes deeper into crypto-enabled payments. Stablecoin Strategy: Mastercard to Acquire BVNK for US$1.8bn
- Positive Sentiment: Analyst upgrade — BNP Paribas Exane raised Mastercard from “neutral” to “outperform” and set a $600 price target, a bullish signal that can attract buyers and support near-term momentum. BNP Paribas Exane Upgrade
- Positive Sentiment: Bullish research/valuation views — recent analyst and independent commentary (e.g., Seeking Alpha) highlight Mastercard’s high margins, transaction growth, and multi-year EPS runway, reinforcing the long-term investment case. Mastercard: You Swipe, I Win
- Neutral Sentiment: Legal update — London’s Court of Appeal has allowed Mastercard and Visa to appeal a ruling that their default merchant interchange fees breach competition law; the decision preserves the right to challenge the judgment but leaves the underlying antitrust risk unresolved. Allowed to Appeal UK Ruling
- Neutral Sentiment: Value/price-check coverage — several pieces examine whether the recent pullback makes MA a buy, noting solid fundamentals but some short-term share weakness versus historical highs; useful context for longer-term investors but not an immediate catalyst. Is Mastercard Offering Value After Recent Share Price Weakness?
- Negative Sentiment: Near-term market pressure — articles and market note flow highlight that Mastercard (and peers Visa/AmEx) have seen recent selling/“roughing up,” and some traders are positioning this as a buy-the-dip situation; that selling pressure can keep volatility and cap near-term upside. Why Mastercard Shares Are Trading Lower Today
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.
Featured Stories
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