GHP Investment Advisors Inc. lifted its holdings in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 14.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,711 shares of the credit services provider’s stock after purchasing an additional 1,236 shares during the period. GHP Investment Advisors Inc.’s holdings in Mastercard were worth $4,852,000 at the end of the most recent reporting period.
Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of Mastercard by 42.3% during the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after buying an additional 2,028 shares during the period. Schnieders Capital Management LLC. lifted its position in shares of Mastercard by 8.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after acquiring an additional 200 shares during the period. Betterment LLC boosted its stake in Mastercard by 6.5% during the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares in the last quarter. Worldquant Millennium Advisors LLC boosted its stake in Mastercard by 35.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in Mastercard in the second quarter worth $431,000. Institutional investors and hedge funds own 97.28% of the company’s stock.
Mastercard Price Performance
MA stock opened at $499.71 on Friday. 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 50 day simple moving average of $496.99 and a two-hundred day simple moving average of $519.84. The stock has a market cap of $441.54 billion, a PE ratio of 28.92, a P/E/G ratio of 1.53 and a beta of 0.74.
Mastercard Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date is Thursday, July 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.
Analyst Upgrades and Downgrades
MA has been the topic of several research reports. Truist Financial dropped their price objective on shares of Mastercard from $590.00 to $561.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Wall Street Zen downgraded Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Weiss Ratings lowered Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Loop Capital reaffirmed a “buy” rating and set a $631.00 price target on shares of Mastercard in a research note on Wednesday, June 3rd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $679.00 price target on shares of Mastercard in a report on Friday, May 1st. Six investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Mastercard currently has an average rating of “Buy” and a consensus target price of $656.08.
Check Out Our Latest Research Report on Mastercard
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard continues to attract investor interest as a trending stock, which can support shares by keeping attention on the company’s earnings and growth outlook. Article Title
- Positive Sentiment: Mastercard highlighted new travel-focused offerings, including its “Priceless Africa” experience, reinforcing its strategy to deepen consumer engagement and build higher-value travel spending across its network. Article Title
- Positive Sentiment: Mastercard and MarginEdge launched a commercial charge card for restaurants, a small but potentially useful expansion of Mastercard’s commercial payments footprint. Article Title
- Neutral Sentiment: Market commentary continues to frame Mastercard as a premium payments company tied to international expansion, but some articles also argue the stock remains expensive and has lagged over longer periods, which could temper enthusiasm. Article Title
- Neutral Sentiment: Additional pieces focused on broad “what to know” coverage and consumer trends, but did not report a major new catalyst that would materially change Mastercard’s near-term fundamentals. Article Title
About Mastercard
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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