Argonautica Private Wealth Management Inc. Acquires 5,424 Shares of Mastercard Incorporated $MA

Argonautica Private Wealth Management Inc. lifted its holdings in shares of Mastercard Incorporated (NYSE:MA) by 338.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,028 shares of the credit services provider’s stock after acquiring an additional 5,424 shares during the quarter. Mastercard makes up about 1.2% of Argonautica Private Wealth Management Inc.’s portfolio, making the stock its 20th biggest holding. Argonautica Private Wealth Management Inc.’s holdings in Mastercard were worth $4,012,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wharton Business Group LLC bought a new position in shares of Mastercard during the 4th quarter worth approximately $201,000. Patron Partners LLC boosted its stake in shares of Mastercard by 4.1% during the 4th quarter. Patron Partners LLC now owns 5,177 shares of the credit services provider’s stock worth $2,956,000 after acquiring an additional 205 shares during the period. OneAscent Financial Services LLC boosted its stake in shares of Mastercard by 29.5% during the 4th quarter. OneAscent Financial Services LLC now owns 1,897 shares of the credit services provider’s stock worth $1,083,000 after acquiring an additional 432 shares during the period. OneAscent Family Office LLC boosted its stake in shares of Mastercard by 17.8% during the 4th quarter. OneAscent Family Office LLC now owns 1,902 shares of the credit services provider’s stock worth $1,086,000 after acquiring an additional 288 shares during the period. Finally, Pinebridge Investments LLC bought a new position in shares of Mastercard during the 4th quarter worth approximately $124,112,000. 97.28% of the stock is currently owned by institutional investors.

Trending Headlines about Mastercard

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

Mastercard Price Performance

Mastercard stock opened at $491.67 on Friday. The stock’s fifty day moving average price is $499.81 and its two-hundred day moving average price is $525.11. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The firm has a market cap of $434.43 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Mastercard (NYSE:MA) last posted its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same quarter last year, the company earned $3.73 EPS. The company’s revenue was up 15.8% on a year-over-year basis. As a group, research analysts expect that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently issued reports on MA shares. Loop Capital restated a “buy” rating and issued a $631.00 price target on shares of Mastercard in a research note on Wednesday. Tigress Financial boosted their price target on Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a research note on Friday, March 13th. Morgan Stanley restated an “overweight” rating and issued a $679.00 price target on shares of Mastercard in a research note on Friday, May 1st. TD Cowen reissued a “buy” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, Citigroup decreased their price target on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Six 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $656.04.

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.