Mastercard Incorporated $MA Holdings Reduced by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA lowered its position in Mastercard Incorporated (NYSE:MA) by 47.2% during the 1st quarter, Holdings Channel.com reports. The firm owned 62,232 shares of the credit services provider’s stock after selling 55,654 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Mastercard were worth $31,095,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. increased its position in Mastercard by 820.0% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares during the period. Strive Financial Group LLC acquired a new position in Mastercard during the 4th quarter worth $27,000. Hyposwiss Advisors SA acquired a new position in Mastercard during the 4th quarter worth $29,000. Foster Dykema Cabot & Partners LLC grew its stake in shares of Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 40 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC grew its stake in shares of Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 20 shares in the last quarter. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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

Mastercard Price Performance

NYSE:MA opened at $499.71 on Friday. 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 business’s 50-day moving average price is $496.99 and its 200 day moving average price is $519.84. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77. The firm has a market cap of $441.54 billion, a P/E ratio of 28.92, a PEG ratio of 1.53 and a beta of 0.74.

Mastercard (NYSE:MA) last issued its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. The company 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%. Mastercard’s revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.73 EPS. As a group, sell-side analysts predict that Mastercard Incorporated will post 19.6 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. Investors of record on Thursday, July 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

Analysts Set New Price Targets

MA has been the topic of a number of recent analyst reports. BMO Capital Markets assumed coverage on shares of Mastercard in a research note on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective on the stock. Wolfe Research reiterated an “outperform” rating on shares of Mastercard in a research report on Tuesday, March 17th. Evercore reissued a “negative” rating on shares of Mastercard in a research note on Tuesday, March 17th. Raymond James Financial set a $609.00 price target on shares of Mastercard in a research report on Friday, May 1st. Finally, UBS Group reaffirmed a “buy” rating on shares of Mastercard in a research note on Thursday. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $656.08.

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.