Crestwood Advisors Group LLC decreased its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 1.6% in the 4th quarter, HoldingsChannel.com reports. The fund owned 73,757 shares of the credit services provider’s stock after selling 1,204 shares during the quarter. Crestwood Advisors Group LLC’s holdings in Mastercard were worth $42,107,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Mastercard by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock valued at $45,612,087,000 after acquiring an additional 466,514 shares during the period. State Street Corp boosted its holdings 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 valued at $20,807,283,000 after acquiring an additional 997,536 shares during the period. Capital Research Global Investors boosted its holdings in shares of Mastercard by 6.5% during the third quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider’s stock valued at $5,885,944,000 after acquiring an additional 629,941 shares during the period. Legal & General Group Plc boosted its holdings in shares of Mastercard by 4.2% during the third quarter. Legal & General Group Plc now owns 5,806,887 shares of the credit services provider’s stock valued at $3,303,015,000 after acquiring an additional 235,403 shares during the period. Finally, Invesco Ltd. boosted its holdings in shares of Mastercard by 6.4% during the third quarter. Invesco Ltd. now owns 5,658,547 shares of the credit services provider’s stock valued at $3,218,638,000 after acquiring an additional 339,137 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.
Mastercard Price Performance
Shares of NYSE MA opened at $500.98 on Friday. Mastercard Incorporated has a fifty-two week low of $480.50 and a fifty-two week high of $601.77. The firm’s 50-day simple moving average is $506.14 and its 200 day simple moving average is $534.56. 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 stock has a market cap of $446.78 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.54 and a beta of 0.76.
Mastercard Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be given a $0.87 dividend. The ex-dividend date is Thursday, April 9th. This represents a $3.48 annualized dividend and a yield of 0.7%. Mastercard’s payout ratio is 20.14%.
Key Stories Impacting Mastercard
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Launched a regional SME resilience program to help small businesses improve payments resilience and access — supports payment volume growth and client retention. Mastercard launches regional SME resilience program
- Positive Sentiment: Moves deeper into stablecoins and crypto rails (partnerships with BVNK and Yellow Card) to enable stablecoin payments in EEMEA — potential new revenue streams and product differentiation. Here’s Why Mastercard Is Betting Big on BVNK — and Stablecoin
- Positive Sentiment: Partnership enabling stablecoin payments in EEMEA (Yellow Card) highlighted by market coverage — incremental payment volume opportunities in high-growth regions. Mastercard (MA) Stock Gains as Yellow Card Partnership Brings Stablecoin Payments to EEMEA
- Positive Sentiment: Participated in a pilot to settle a tokenized U.S. Treasury redemption across borders with JPMorgan, Ripple and Ondo — signals progress on real‑time, institutional settlement rails that could lower costs and open product lines. Ripple, JPMorgan & Mastercard Pull Off First Tokenized Treasury Deal
- Positive Sentiment: Pushing virtual cards beyond payables to expand B2B product penetration — strategy helps capture higher‑value commercial payments. Mastercard Pushes Virtual Cards Beyond Payables
- Positive Sentiment: Coverage highlighting a resilient dividend profile and strong cash flow supports investor sentiment on capital returns. Here’s Why Mastercard’s Dividend Payout Looks Bulletproof
- Neutral Sentiment: Preparing to re‑enter Syria after 15 years — potential revenue in a new/returning market but geopolitical and compliance risks make the near‑term impact uncertain. Mastercard prepares to launch services in Syria after 15 years
- Neutral Sentiment: Susquehanna and other research notes maintained positive/Outperform stances but trimmed price targets after Q1; analysts cite strong start to the year with some April slowdown (cross‑border travel deceleration). Susquehanna Maintains Positive Rating on Mastercard (MA)
- Neutral Sentiment: Crypto network activity (XRP new addresses) fell sharply — industry context but only indirectly relevant to Mastercard’s crypto initiatives. XRP new addresses sink to 18-month low
- Negative Sentiment: U.K. competition authorities opened an investigation into PayPal, Visa and Mastercard over suspected anti‑competitive conduct related to digital wallet funding/usage — regulatory risk that could lead to fines, business restrictions or remediation costs. PayPal, Visa and Mastercard Face UK Competition Investigation
- Negative Sentiment: Macquarie cut its price target on MA (reflecting near‑term growth and travel cadence concerns), which can weigh on sentiment despite maintained conviction. Here’s Why Macquarie Lowered PT on MasterCard (MA)
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on MA. Evercore reissued a “negative” rating on shares of Mastercard in a report on Tuesday, March 17th. Raymond James Financial set a $609.00 price target on shares of Mastercard in a report on Friday, May 1st. Truist Financial cut their price objective on shares of Mastercard from $611.00 to $590.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Weiss Ratings cut shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Mastercard from $685.00 to $655.00 and set an “overweight” rating on the stock in a research note on Friday, January 30th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard has a consensus rating of “Buy” and an average target price of $657.07.
View Our Latest Research Report on MA
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.
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