New York Life Investment Management LLC Decreases Stock Position in Mastercard Incorporated $MA

New York Life Investment Management LLC reduced its holdings in shares of Mastercard Incorporated (NYSE:MA) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 118,884 shares of the credit services provider’s stock after selling 1,256 shares during the period. Mastercard accounts for 0.6% of New York Life Investment Management LLC’s portfolio, making the stock its 29th biggest position. New York Life Investment Management LLC’s holdings in Mastercard were worth $67,868,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Mastercard by 820.0% during 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 buying an additional 41 shares during the last quarter. Tacita Capital Inc boosted its stake in shares of Mastercard by 50.0% during the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after buying an additional 19 shares during the last quarter. Foster Dykema Cabot & Partners LLC boosted its stake in shares of Mastercard by 250.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after buying an additional 40 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its stake in shares of Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock valued at $33,000 after buying an additional 20 shares during the last quarter. Finally, Birchbrook Inc. purchased a new position in shares of Mastercard during the 4th quarter valued at approximately $37,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Mastercard Stock Performance

MA stock opened at $489.91 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56. The firm has a market cap 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. Mastercard Incorporated has a 12-month low of $480.50 and a 12-month high of $601.77. The stock’s 50 day simple moving average is $503.90 and its 200 day simple moving average is $531.86.

Mastercard (NYSE:MA) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business’s revenue was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company posted $3.73 EPS. As a group, equities research analysts predict that Mastercard Incorporated will post 19.58 EPS for the current year.

Trending Headlines about Mastercard

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

Wall Street Analysts Forecast Growth

MA has been the subject of several research analyst reports. UBS Group reduced their target price on Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a research note on Friday, May 1st. Cantor Fitzgerald upgraded Mastercard to a “strong-buy” rating in a research note on Tuesday, January 27th. Citigroup reduced their target price on Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Royal Bank Of Canada dropped their price target on Mastercard from $656.00 to $629.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Finally, BMO Capital Markets assumed coverage on Mastercard in a research report on Tuesday, April 21st. They set an “outperform” rating and a $605.00 price target on the stock. Six analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $656.00.

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.