AFT Forsyth & Company Inc. bought a new stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) during the 4th quarter, Holdings Channel reports. The firm bought 10,517 shares of the credit services provider’s stock, valued at approximately $6,004,000. Mastercard comprises approximately 2.6% of AFT Forsyth & Company Inc.’s investment portfolio, making the stock its 7th largest holding.
Several other hedge funds have also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership raised its stake in Mastercard by 30.8% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,111,652 shares of the credit services provider’s stock valued at $1,776,380,000 after acquiring an additional 733,101 shares in the last quarter. Altrafin AG bought a new stake in Mastercard during the 4th quarter valued at $24,867,000. Apriem Advisors raised its stake in Mastercard by 0.5% during the 4th quarter. Apriem Advisors now owns 5,090 shares of the credit services provider’s stock valued at $2,906,000 after acquiring an additional 23 shares in the last quarter. CreativeOne Wealth LLC raised its stake in shares of Mastercard by 14.0% in the 4th quarter. CreativeOne Wealth LLC now owns 10,748 shares of the credit services provider’s stock worth $6,136,000 after buying an additional 1,319 shares in the last quarter. Finally, Cordoba Advisory Partners LLC bought a new stake in shares of Mastercard in the 4th quarter worth $348,000. Institutional investors own 97.28% of the company’s stock.
Trending Headlines about Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard launched Agent Pay for Machines (AP4M), a new payment framework designed to let AI agents and autonomous machines make secure transactions, send micropayments, and settle across multiple payment types. The initiative is backed by more than 30 industry participants and includes crypto and fintech partners, which could open a new growth avenue in AI-powered commerce. Article: Mastercard Introduces Agent Pay for Machines to Enable Autonomous AI Transactions
- Positive Sentiment: A U.S. federal judge gave preliminary approval to Mastercard’s revised $38 billion swipe-fee settlement, moving a decades-long antitrust case closer to resolution. Investors may view this as reducing legal overhang, even though merchants remain unhappy and the final outcome is still pending. Article: Mastercard Incorporated (MA) gains 2% Over Preliminary Judicial Approval of $38 billion Swipe-Fee Settlement
- Neutral Sentiment: Mastercard also announced leadership changes, including Ling Hai moving into the CFO role and Sachin Mehra taking on a newly created Chief Business Officer position. This is more of a governance update than an immediate operating catalyst. Article: Mastercard announces leadership changes
- Neutral Sentiment: Cuba’s central bank said it will suspend all Visa and Mastercard transactions there after a processing partnership collapsed under U.S. sanctions pressure. The direct financial impact appears limited, but it highlights ongoing geopolitical and payment-network disruptions. Article: Cuba’s Central Bank to Suspend all Visa and Mastercard Transactions
- Negative Sentiment: Recent commentary on Mastercard’s valuation notes that the stock has been under pressure over the past months and remains below key moving averages, suggesting investors are still cautious despite the positive news flow. Article: A Look At Mastercard (MA) Valuation After Recent Share Price Weakness
Mastercard Stock Up 0.6%
Mastercard (NYSE:MA – Get Free Report) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating 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 the consensus estimate of $8.26 billion. During the same quarter in the previous year, the company posted $3.73 earnings per share. The business’s quarterly revenue was up 15.8% compared to the same quarter last year. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of analysts have recently commented on MA shares. Wolfe Research reissued an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Truist Financial decreased their target price on Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Morgan Stanley restated an “overweight” rating and issued a $679.00 target price on shares of Mastercard in a report on Friday, May 1st. Evercore restated a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Finally, UBS Group decreased their target price on Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $656.04.
Get Our Latest Analysis on Mastercard
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.
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