Arbejdsmarkedets Tillaegspension purchased a new position in Mastercard Incorporated (NYSE:MA – Free Report) in the fourth quarter, Holdings Channel reports. The fund purchased 43,268 shares of the credit services provider’s stock, valued at approximately $24,701,000. Mastercard comprises about 0.6% of Arbejdsmarkedets Tillaegspension’s holdings, making the stock its 14th largest holding.
A number of other institutional investors also recently added to or reduced their stakes in MA. Brighton Jones LLC lifted its stake in Mastercard by 42.3% in the fourth quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after acquiring an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. lifted its stake in Mastercard by 8.5% in the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock worth $1,432,000 after acquiring an additional 200 shares during the last quarter. Betterment LLC lifted its stake in Mastercard by 6.5% in the second quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the last quarter. Worldquant Millennium Advisors LLC raised its holdings in Mastercard by 35.8% during the second quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after purchasing an additional 178,387 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new stake in Mastercard during the second quarter worth approximately $431,000. Hedge funds and other institutional investors own 97.28% of the company’s stock.
Mastercard Stock Performance
Shares of MA opened at $489.91 on Friday. 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 stock has a market capitalization of $432.87 billion, a P/E ratio of 28.35, a P/E/G ratio of 1.53 and a beta of 0.76. The company’s fifty day moving average is $503.90 and its two-hundred day moving average is $531.86. Mastercard Incorporated has a 1 year low of $480.50 and a 1 year high of $601.77.
Wall Street Analyst Weigh In
A number of research firms have weighed in on MA. Rothschild & Co Redburn set a $685.00 price objective on shares of Mastercard in a report on Wednesday, January 28th. Morgan Stanley reissued an “overweight” rating and set a $679.00 price objective on shares of Mastercard in a report on Friday, May 1st. Susquehanna cut their price objective on shares of Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Wall Street Zen cut shares of Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Finally, BMO Capital Markets began coverage on shares of Mastercard in a report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price objective on the stock. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned 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 has an average rating of “Buy” and an average price target of $656.00.
Check Out Our Latest Stock Report on Mastercard
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard is testing AI-driven “agentic commerce” payments with PhotonPay, which could open a new growth avenue in autonomous, secure digital transactions as the market for AI-enabled commerce develops. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
- Positive Sentiment: Amazon launched new Prime Business and Amazon Business credit cards powered by U.S. Bank and the Mastercard network, reinforcing Mastercard’s role in large co-branded card programs and ongoing payment volume growth. Amazon’s New Prime Business and Amazon Business Credit Cards, Powered by U.S. Bank and Mastercard®, Are Now Available with Enhanced Rewards and Flexible Financing
- Positive Sentiment: Analysts continue to highlight Mastercard as a top financial-transaction name benefiting from digital payment trends, including contactless payments, BNPL, and cross-border commerce. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
- Neutral Sentiment: Mastercard also got attention from sustainability-related coverage and broader analyst commentary, but these items appear more informational than immediately stock-moving. Mastercard: How Technology Is Turning Sustainability Goals Into Measurable Action
- Negative Sentiment: A U.S. inquiry into Brazil’s PIX instant-payment system raises concern that government-backed payment rails could bypass card networks and pressure Mastercard’s long-term transaction growth. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus
- Negative Sentiment: New proposed U.S. campaign-finance transparency rules could add compliance requirements for card networks that process political donations, including Mastercard. New Bill: Representative Bryan Steil introduces H.R. 8720: Campaign Finance Transparency Act
- Negative Sentiment: Truist cut its price target on Mastercard, which may reinforce concerns that the stock’s valuation is being tempered by macro headwinds and slower near-term growth. Mastercard (NYSE:MA) Price Target Cut to $561.00 by Analysts at Truist Financial
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.
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