Egerton Capital UK LLP Trims Stock Holdings in Mastercard Incorporated $MA

Egerton Capital UK LLP decreased its holdings in Mastercard Incorporated (NYSE:MA) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 458,342 shares of the credit services provider’s stock after selling 1,813 shares during the period. Mastercard accounts for about 2.8% of Egerton Capital UK LLP’s holdings, making the stock its 14th biggest position. Egerton Capital UK LLP owned 0.05% of Mastercard worth $261,658,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Endeavor Private Wealth Inc. grew its stake in Mastercard by 19.1% during the fourth quarter. Endeavor Private Wealth Inc. now owns 915 shares of the credit services provider’s stock valued at $523,000 after acquiring an additional 147 shares in the last quarter. Palladiem LLC bought a new stake in Mastercard during the fourth quarter valued at approximately $162,000. Arrowroot Family Office LLC bought a new stake in shares of Mastercard in the 4th quarter worth approximately $214,000. SouthState Bank Corp lifted its holdings in shares of Mastercard by 0.3% in the 4th quarter. SouthState Bank Corp now owns 79,476 shares of the credit services provider’s stock worth $45,371,000 after acquiring an additional 274 shares during the last quarter. Finally, Syon Capital LLC lifted its holdings in shares of Mastercard by 6.4% in the 4th quarter. Syon Capital LLC now owns 13,428 shares of the credit services provider’s stock worth $7,666,000 after acquiring an additional 807 shares during the last quarter. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Mastercard Stock Up 0.1%

Shares of NYSE MA opened at $491.67 on Monday. 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 52 week low of $464.52 and a 52 week high of $601.77. The firm’s fifty day moving average is $499.81 and its 200 day moving average is $525.02. The company has a market cap of $434.43 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.53 and a beta of 0.74.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $8.26 billion. During the same period in the previous year, the firm earned $3.73 earnings per share. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. On average, equities research 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 Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MA shares. Evercore restated a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Susquehanna lowered their price objective on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a report on Friday, May 1st. Wall Street Zen lowered shares of Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Citigroup lowered their price objective on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Bank of America began coverage on shares of Mastercard in a report on Thursday, March 5th. They issued a “buy” rating and a $700.00 price objective for the company. Six analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Mastercard has a consensus rating of “Buy” and a consensus target price 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.