Capital International Inc. CA Lowers Stock Position in Mastercard Incorporated $MA

Capital International Inc. CA lessened its holdings in Mastercard Incorporated (NYSE:MA) by 2.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 237,988 shares of the credit services provider’s stock after selling 6,838 shares during the quarter. Mastercard accounts for about 1.1% of Capital International Inc. CA’s holdings, making the stock its 23rd biggest position. Capital International Inc. CA’s holdings in Mastercard were worth $135,863,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in MA. Brighton Jones LLC raised its holdings in Mastercard by 42.3% in the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock valued at $3,594,000 after acquiring an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. raised its holdings in Mastercard by 8.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after acquiring an additional 200 shares during the last quarter. Betterment LLC raised its holdings in Mastercard by 6.5% in the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock valued at $532,000 after acquiring an additional 58 shares during the last quarter. Worldquant Millennium Advisors LLC raised its holdings in Mastercard by 35.8% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock valued at $380,548,000 after acquiring an additional 178,387 shares during the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in Mastercard in the 2nd quarter valued at $431,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on MA. BMO Capital Markets began coverage on Mastercard in a report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective for the company. Bank of America began coverage on Mastercard in a report on Thursday, March 5th. They set a “buy” rating and a $700.00 price objective for the company. Royal Bank Of Canada dropped their price objective on Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a report on Friday, March 27th. Finally, Loop Capital restated a “buy” rating and set a $631.00 price objective on shares of Mastercard in a report on Wednesday. Six 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 assigned a Sell rating to the company. According to data from MarketBeat.com, Mastercard currently has a consensus rating of “Buy” and an average price target of $656.04.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Mastercard Stock Up 2.1%

NYSE:MA opened at $491.67 on Friday. The company has a market capitalization of $434.43 billion, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The stock has a 50-day simple moving average of $499.81 and a 200 day simple moving average of $525.11. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter last year, the company posted $3.73 earnings per share. Mastercard’s revenue was up 15.8% on a year-over-year basis. Sell-side analysts predict that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

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.