Leonteq Securities AG Sells 1,235 Shares of Mastercard Incorporated $MA

Leonteq Securities AG trimmed its stake in Mastercard Incorporated (NYSE:MA) by 16.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,430 shares of the credit services provider’s stock after selling 1,235 shares during the quarter. Leonteq Securities AG’s holdings in Mastercard were worth $3,213,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Riggs Asset Managment Co. Inc. raised its holdings in shares of Mastercard by 20.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after purchasing an additional 18 shares during the period. Affinity Capital Advisors LLC grew its holdings in Mastercard by 0.7% during the fourth 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 during the period. Abacus Planning Group Inc. increased its position in Mastercard by 3.3% in the fourth quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock worth $337,000 after buying an additional 19 shares during the last quarter. Thomasville National Bank raised its stake in shares of Mastercard by 4.1% in the fourth quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock valued at $273,000 after buying an additional 19 shares during the period. Finally, Castle Rock Wealth Management LLC raised its stake in shares of Mastercard by 2.8% in the fourth quarter. Castle Rock Wealth Management LLC now owns 695 shares of the credit services provider’s stock valued at $387,000 after buying an additional 19 shares during the period. 97.28% of the stock is owned by institutional investors.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard expanded its global payments strategy through a new partnership with VEON to improve accessible financial services across Ukraine, Kazakhstan, Pakistan and Uzbekistan, which could support long-term transaction growth and network usage. VEON and Mastercard Join Forces to Accelerate Accessibility of Financial Services
• Positive Sentiment: Mastercard also announced cybersecurity-related initiatives in Africa, reinforcing its brand with governments and potentially strengthening trust in its payment infrastructure over time. Mastercard partners govts to protect Africa’s cyberspace
• Positive Sentiment: Analysts remain constructive, with coverage noting Mastercard’s strong history of beating earnings estimates and suggesting it may post another upside surprise next quarter. Will MasterCard (MA) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Piper Sandler upgraded Mastercard to strong-buy, a vote of confidence that can help support the valuation. Mastercard upgraded by Piper Sandler
• Neutral Sentiment: Insider Raj Seshadri sold shares under a pre-arranged Rule 10b5-1 plan. The sales are worth noting, but they do not necessarily signal negative fundamentals. SEC filing for insider sale
• Neutral Sentiment: Broader commentary on stablecoins and Visa’s Open USD push highlights increasing competition and change in payments, but the articles frame Mastercard as well-positioned rather than under immediate pressure. Visa, Mastercard and 140 firms launch Open USD

Wall Street Analyst Weigh In

MA has been the subject of several research reports. BNP Paribas Exane upgraded Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price target for the company in a research note on Thursday, March 19th. Tigress Financial upped their price objective on shares of Mastercard from $730.00 to $735.00 and gave the company a “strong-buy” rating in a report on Friday, March 13th. Wolfe Research reiterated an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Evercore reissued a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. Finally, BMO Capital Markets initiated coverage on shares of Mastercard in a report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price objective for the company. Seven analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Mastercard presently has a consensus rating of “Buy” and an average target price of $653.81.

Mastercard Stock Up 3.2%

Shares of NYSE MA opened at $539.00 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 company has a market cap of $476.25 billion, a P/E ratio of 31.19, a P/E/G ratio of 1.63 and a beta of 0.73. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The business has a 50-day simple moving average of $497.34 and a two-hundred day simple moving average of $518.82.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating the consensus estimate 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 analysts’ expectations of $8.26 billion. During the same period in the prior year, the business posted $3.73 earnings per share. The company’s revenue was up 15.8% on a year-over-year basis. Research analysts anticipate that Mastercard Incorporated will post 19.61 earnings per share for the current fiscal year.

Mastercard Announces Dividend

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

Insiders Place Their Bets

In related news, insider Raj Seshadri sold 1,977 shares of the company’s stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the sale, 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 legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.09% of the company’s stock.

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.