Cary Street Partners Financial LLC Acquires 1,257 Shares of Mastercard Incorporated $MA

Cary Street Partners Financial LLC grew its holdings in Mastercard Incorporated (NYSE:MA) by 17.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,467 shares of the credit services provider’s stock after acquiring an additional 1,257 shares during the period. Cary Street Partners Financial LLC’s holdings in Mastercard were worth $4,833,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MA. Riggs Asset Managment Co. Inc. raised its position in shares of Mastercard by 20.0% during the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock valued at $61,000 after buying an additional 18 shares during the last quarter. Tacita Capital Inc lifted its holdings in shares of Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after buying an additional 19 shares in the last quarter. Affinity Capital Advisors LLC boosted its position in shares of Mastercard by 0.7% during the fourth quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock worth $1,678,000 after acquiring an additional 19 shares during the last quarter. Abacus Planning Group Inc. boosted its position in shares of Mastercard by 3.3% during the fourth quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock worth $337,000 after acquiring an additional 19 shares during the last quarter. Finally, Thomasville National Bank grew its stake in Mastercard by 4.1% during the fourth quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock valued at $273,000 after acquiring an additional 19 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Wall Street Analyst Weigh In

MA has been the topic of several research analyst reports. BMO Capital Markets initiated coverage on shares of Mastercard in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price target on the stock. Wall Street Zen lowered Mastercard from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. Rothschild & Co Redburn set a $685.00 target price on Mastercard in a report on Wednesday, January 28th. Weiss Ratings downgraded Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, April 24th. Finally, Loop Capital assumed coverage on Mastercard in a research note on Tuesday, March 31st. They set a “buy” rating and a $631.00 price target for the company. Six analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $656.04.

Mastercard Stock Performance

Shares of NYSE:MA opened at $494.22 on Wednesday. The firm has a fifty day simple moving average of $501.62 and a two-hundred day simple moving average of $528.62. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $436.68 billion, a P/E ratio of 28.60, a PEG ratio of 1.56 and a beta of 0.76. Mastercard Incorporated has a 52 week low of $480.50 and a 52 week high of $601.77.

Mastercard (NYSE:MA) last announced its quarterly 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. The firm had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm earned $3.73 EPS. On average, analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard CEO Michael Miebach said consumer spending trends in the Middle East remain solid, which supports the view that cross-border and payments volume remain healthy. Mastercard CEO Michael Miebach: Overall spending trends in the Middle East remain solid
• Positive Sentiment: Mastercard CTO Ed McLaughlin highlighted the company’s focus on future payment infrastructure, reinforcing investor confidence in Mastercard’s innovation pipeline and long-term growth strategy. Mastercard CTO Ed McLaughlin on Firm’s Goal to ‘Set the Stage for the Future’
• Positive Sentiment: Coverage from multiple outlets argued that Mastercard remains a top long-term growth stock, with continued emphasis on its scale, profitability, and decades of strong stock performance. Why Mastercard (MA) is a top growth stock for the long term
• Positive Sentiment: News that Increase expanded push-to-card transfers for Mastercard and Visa cards underscores continued adoption of Mastercard-linked payment rails in instant payout and refund use cases. Increase Expands Instant Payment Solutions to Include Push-to-Card Transfers
• Neutral Sentiment: Several articles marked Mastercard’s 20-year IPO anniversary and its historical stock gains; these reinforce the company’s strong track record but do not change near-term fundamentals. NYSE Content Update: Mastercard Celebrates Two Decades as NYSE-Listed Company
• Neutral Sentiment: Other pieces compared Mastercard with Visa or highlighted its long-term share-price surge, which is supportive sentiment but not a direct catalyst for the stock today. Mastercard’s stock is up 11,000% since its IPO 20 years ago. What comes next?
• Negative Sentiment: Broader consumer-spending commentary around selective shopping and Memorial Day promotions could signal a more cautious backdrop for payment volumes if discount-driven spending softness persists. Memorial Day Sales Test the Selective Consumer

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.