Sei Investments Co. Buys 59,110 Shares of Mastercard Incorporated $MA

Sei Investments Co. boosted its stake in Mastercard Incorporated (NYSE:MA) by 5.0% during the first quarter, HoldingsChannel reports. The firm owned 1,243,557 shares of the credit services provider’s stock after buying an additional 59,110 shares during the period. Mastercard comprises about 0.6% of Sei Investments Co.’s portfolio, making the stock its 22nd biggest holding. Sei Investments Co.’s holdings in Mastercard were worth $621,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Border to Coast Pensions Partnership Ltd increased its stake in Mastercard by 7.3% in the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 139,844 shares of the credit services provider’s stock worth $70,089,000 after purchasing an additional 9,504 shares during the period. Assetmark Inc. boosted its stake in shares of Mastercard by 4.5% during the fourth quarter. Assetmark Inc. now owns 229,299 shares of the credit services provider’s stock valued at $130,902,000 after purchasing an additional 9,795 shares during the period. Global X Japan Co. Ltd. grew its holdings in shares of Mastercard by 396.3% in the fourth quarter. Global X Japan Co. Ltd. now owns 46,145 shares of the credit services provider’s stock worth $26,343,000 after purchasing an additional 36,848 shares during the last quarter. Marble Wealth LLC bought a new position in shares of Mastercard in the fourth quarter worth approximately $1,328,000. Finally, Canada Post Corp Registered Pension Plan increased its stake in shares of Mastercard by 6.1% in the fourth quarter. Canada Post Corp Registered Pension Plan now owns 65,414 shares of the credit services provider’s stock worth $37,344,000 after buying an additional 3,768 shares during the period. 97.28% of the stock is currently owned by institutional investors.

Mastercard Price Performance

MA stock opened at $531.82 on Thursday. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77. The company has a market cap of $469.90 billion, a P/E ratio of 30.78, a PEG ratio of 1.68 and a beta of 0.73. The firm has a 50-day moving average of $506.56 and a 200 day moving average of $515.08. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98.

Mastercard (NYSE:MA) 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 business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. Mastercard’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $3.73 earnings per share. On average, sell-side analysts forecast that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date is Thursday, July 9th. Mastercard’s dividend payout ratio (DPR) is presently 20.14%.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and Al Etihad Payments announced the launch of the first Jaywan-Mastercard co-badged credit card, which could expand Mastercard’s acceptance and deepen its presence in the UAE payments ecosystem. Article Title
• Positive Sentiment: Coverage highlighting Mastercard as a strong momentum stock and a top non-AI pick among retail investors may be supporting sentiment around the company’s durable network model and defensive appeal. Article Title
• Neutral Sentiment: Mastercard’s AI-focused commentary from Jill Kramer frames artificial intelligence as a tool for creativity and insight, but it does not appear to be a direct near-term earnings catalyst. Article Title
• Neutral Sentiment: Articles about Mastercard’s patent work, World Cup payment performance, and a potential Vocalink sale suggest ongoing strategic activity, but the market impact is still unclear. Article Title
• Negative Sentiment: Comparisons with Affirm argue that MA has less room to run because Affirm offers faster growth, lower valuation, and higher analyst upside, which may be pressuring Mastercard’s relative appeal. Article Title
• Negative Sentiment: Reports that Mastercard may sell a majority stake in its UK payments subsidiary Vocalink raised questions about strategy and exposure to critical payment infrastructure. Article Title
• Negative Sentiment: Bearish commentary about Mastercard “betting billions” on technology that could disrupt its own business, plus stablecoin competition headlines, highlight growing long-term competitive threats in payments. Article Title

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Truist Financial lowered their price target on shares of Mastercard from $590.00 to $561.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. UBS Group restated a “buy” rating on shares of Mastercard in a research report on Thursday, June 25th. Dbs Bank raised shares of Mastercard to a “moderate buy” rating in a research note on Friday, March 27th. Weiss Ratings lowered shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, BMO Capital Markets initiated coverage on Mastercard in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 target price on the stock. Eight investment 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’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $653.92.

Insider Buying and Selling

In related news, insider Sandra A. Arkell sold 200 shares of Mastercard stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $540.00, for a total transaction of $108,000.00. Following the sale, the insider directly owned 3,322 shares in the company, valued at $1,793,880. The trade was a 5.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 4,828 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total value of $2,534,700.00. Following the completion of the sale, the insider directly owned 16,429 shares in the company, valued at approximately $8,625,225. The trade was a 22.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 7,005 shares of company stock valued at $3,689,976. 0.09% of the stock is currently owned by company insiders.

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.