Bleakley Financial Group LLC Sells 2,771 Shares of Mastercard Incorporated $MA

Bleakley Financial Group LLC lessened its stake in shares of Mastercard Incorporated (NYSE:MA) by 9.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,640 shares of the credit services provider’s stock after selling 2,771 shares during the quarter. Bleakley Financial Group LLC’s holdings in Mastercard were worth $13,311,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Riggs Asset Managment Co. Inc. raised its stake in Mastercard by 20.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after acquiring an additional 18 shares in the last quarter. Affinity Capital Advisors LLC boosted its stake in shares of Mastercard by 0.7% in the 4th quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock valued at $1,678,000 after purchasing an additional 19 shares in the last quarter. Abacus Planning Group Inc. boosted its stake in shares of Mastercard by 3.3% in the 4th quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock valued at $337,000 after purchasing an additional 19 shares in the last quarter. Thomasville National Bank grew its holdings in shares of Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock worth $273,000 after purchasing an additional 19 shares during the last quarter. Finally, Castle Rock Wealth Management LLC grew its holdings in shares of Mastercard by 2.8% in the 4th quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock worth $387,000 after purchasing an additional 19 shares during the last quarter. Institutional investors and hedge funds own 97.28% of the company’s stock.

Mastercard Stock Performance

Mastercard stock opened at $537.02 on Tuesday. The stock has a 50-day simple moving average of $500.32 and a 200 day simple moving average of $516.83. The stock has a market capitalization of $474.50 billion, a price-to-earnings ratio of 31.08, a P/E/G ratio of 1.64 and a beta of 0.73. 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 12-month low of $464.52 and a 12-month high of $601.77.

Mastercard (NYSE:MA) last issued 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. The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company’s revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.73 EPS. On average, research analysts anticipate that Mastercard Incorporated will post 19.61 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be paid a dividend of $0.87 per share. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, July 9th. Mastercard’s dividend payout ratio is 20.14%.

Insider Activity at Mastercard

In other Mastercard news, insider Raj Seshadri sold 1,977 shares of the company’s stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the transaction, the insider owned 16,429 shares of the company’s stock, valued at approximately $8,702,934.17. This represents a 10.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $540.00, for a total value of $108,000.00. Following the completion of the transaction, the insider owned 3,322 shares in the company, valued at $1,793,880. The trade was a 5.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,005 shares of company stock worth $3,689,976 over the last three months. 0.09% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on MA shares. TD Cowen dropped their target price on shares of Mastercard from $671.00 to $664.00 and set a “buy” rating for the company in a research report on Tuesday, July 7th. Citigroup decreased their price objective 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. Barclays initiated coverage on shares of Mastercard in a report on Wednesday, July 8th. They set an “overweight” rating and a $640.00 price objective for the company. Dbs Bank upgraded shares of Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. Finally, UBS Group reissued a “buy” rating on shares of Mastercard in a report on Thursday, June 25th. Seven investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $653.78.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard shares are being supported by broader strength in financial stocks, which rose late in the session and helped lift sentiment across the sector. Sector Update: Financial Stocks Rise Late Afternoon
• Positive Sentiment: Analysts continue to point to meaningful upside in Mastercard, with Buy ratings and favorable MarketRank/price-target sentiment reinforcing a constructive outlook for the stock. Analysts See Major Upside for These 5 Stocks (MA)
• Positive Sentiment: Mastercard also gained attention after adding NordVPN to its lifestyle perks, a small but positive consumer-facing enhancement that could support cardholder engagement. NordVPN is now part of Mastercard’s lifestyle perks — find out if you are eligible
• Neutral Sentiment: News that Mastercard is reviewing options for its U.K. payments subsidiary Vocalink suggests portfolio optimization, but the financial impact is still unclear because talks are reportedly early and no deal has been announced. Mastercard examines sale of UK payments subsidiary Vocalink
• Neutral Sentiment: Additional reports that Mastercard may sell a majority stake in Vocalink, and commentary about overseas regulators and “payment protectionism,” could matter strategically, but they do not yet indicate a completed transaction or immediate earnings impact. Mastercard in early talks to sell majority stake in Vocalink– report
• Negative Sentiment: The Vocalink headlines also highlight regulatory pressure in the U.K. and concerns about foreign ownership of critical payments infrastructure, which could create uncertainty or limit Mastercard’s strategic flexibility. Mastercard’s Vocalink rumors and the rise of payment protectionism

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.