Border to Coast Pensions Partnership Ltd Raises Position in Mastercard Incorporated $MA

Border to Coast Pensions Partnership Ltd lifted its holdings in Mastercard Incorporated (NYSE:MA) by 7.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,844 shares of the credit services provider’s stock after purchasing an additional 9,504 shares during the quarter. Mastercard comprises about 1.2% of Border to Coast Pensions Partnership Ltd’s portfolio, making the stock its 24th biggest position. Border to Coast Pensions Partnership Ltd’s holdings in Mastercard were worth $70,089,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MA. J. Stern & Co. LLP raised its stake in Mastercard by 53,535.0% in the fourth quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock valued at $41,444,231,000 after buying an additional 72,461,743 shares during the last quarter. Norges Bank acquired a new stake in Mastercard in the fourth quarter worth about $6,705,708,000. Cardano Risk Management B.V. grew its stake in shares of Mastercard by 861.6% during the fourth quarter. Cardano Risk Management B.V. now owns 4,072,210 shares of the credit services provider’s stock worth $2,324,743,000 after acquiring an additional 3,648,748 shares during the last quarter. State Street Corp grew its stake in shares of Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after acquiring an additional 997,536 shares during the last quarter. Finally, Cibc World Markets Corp acquired a new position in shares of Mastercard during the fourth quarter valued at about $497,311,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

More Mastercard News

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

Analyst Ratings Changes

Several brokerages recently commented on MA. Loop Capital reaffirmed a “buy” rating and issued a $631.00 price objective on shares of Mastercard in a research report on Wednesday, June 3rd. Morgan Stanley reissued an “overweight” rating and set a $679.00 target price on shares of Mastercard in a research report on Friday, May 1st. UBS Group restated a “buy” rating on shares of Mastercard in a research note on Thursday. Wolfe Research restated an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Finally, Weiss Ratings cut shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Six investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Mastercard presently has an average rating of “Buy” and a consensus price target of $656.08.

Mastercard Stock Up 2.2%

Shares of MA stock opened at $499.71 on Friday. The stock’s 50-day simple moving average is $496.99 and its 200-day simple moving average is $519.84. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market capitalization of $441.54 billion, a PE ratio of 28.92, a P/E/G ratio of 1.56 and a beta of 0.74. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $601.77.

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

Mastercard Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. 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%.

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.