Cardano Risk Management B.V. Acquires 3,648,748 Shares of Mastercard Incorporated $MA

Cardano Risk Management B.V. grew its holdings in Mastercard Incorporated (NYSE:MAFree Report) by 861.6% during the 4th quarter, HoldingsChannel reports. The firm owned 4,072,210 shares of the credit services provider’s stock after purchasing an additional 3,648,748 shares during the quarter. Mastercard comprises approximately 2.4% of Cardano Risk Management B.V.’s holdings, making the stock its 12th largest position. Cardano Risk Management B.V.’s holdings in Mastercard were worth $2,324,743,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of 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 purchasing an additional 41 shares during the last quarter. Foster Dykema Cabot & Partners LLC increased its stake in shares of Mastercard by 250.0% in the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 40 shares during the last quarter. Tacita Capital Inc increased its stake in shares of Mastercard by 50.0% in the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 19 shares during the last quarter. Bay Harbor Wealth Management LLC grew its position in Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after acquiring an additional 20 shares during the last quarter. Finally, Birchbrook Inc. bought a new stake in Mastercard during the 4th quarter worth $37,000. Institutional investors own 97.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Morgan Stanley restated an “overweight” rating and set a $679.00 price objective on shares of Mastercard in a research report on Friday, May 1st. Evercore restated a “negative” rating on shares of Mastercard in a research report on Tuesday, March 17th. Raymond James Financial set a $609.00 price objective on Mastercard in a research report on Friday, May 1st. BNP Paribas Exane upgraded Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price target on the stock in a research report on Thursday, March 19th. Finally, UBS Group reduced their price target on Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Six research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $656.04.

Read Our Latest Report on MA

Mastercard Stock Performance

Shares of Mastercard stock opened at $489.36 on Friday. The company has a market cap of $432.39 billion, a PE ratio of 28.32, a price-to-earnings-growth ratio of 1.52 and a beta of 0.74. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The business has a 50 day moving average price of $499.31 and a 200-day moving average price of $523.57. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MAGet Free Report) last issued its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, topping the consensus estimate 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 return on equity of 212.96% and a net margin of 45.88%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business posted $3.73 earnings per share. Equities analysts anticipate 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:

Mastercard Company Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MAFree Report).

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.