2,053 Shares in Mastercard Incorporated $MA Acquired by Leo Wealth LLC

Leo Wealth LLC bought a new stake in Mastercard Incorporated (NYSE:MA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,053 shares of the credit services provider’s stock, valued at approximately $1,132,000.

Several other institutional investors have also recently bought and sold shares of the stock. Atlatl Advisers LLC boosted its holdings in Mastercard by 2.8% in the third quarter. Atlatl Advisers LLC now owns 586 shares of the credit services provider’s stock valued at $323,000 after acquiring an additional 16 shares during the last quarter. Foster Group Inc. boosted its position in shares of Mastercard by 0.9% during the third quarter. Foster Group Inc. now owns 2,122 shares of the credit services provider’s stock worth $1,170,000 after purchasing an additional 18 shares in the last quarter. Athena Wealth Management LLC lifted its holdings in Mastercard by 3.8% during the second quarter. Athena Wealth Management LLC now owns 514 shares of the credit services provider’s stock worth $264,000 after acquiring an additional 19 shares in the last quarter. Novem Group grew its position in shares of Mastercard by 0.4% in the 2nd quarter. Novem Group now owns 4,680 shares of the credit services provider’s stock valued at $2,404,000 after purchasing an additional 19 shares during the period. Finally, Vista Capital Partners Inc. increased its position in shares of Mastercard by 4.5% during the second quarter. Vista Capital Partners Inc. now owns 444 shares of the credit services provider’s stock worth $228,000 after acquiring an additional 19 shares in the last quarter. Institutional investors own 97.28% of the company’s stock.

Mastercard Stock Performance

Shares of Mastercard stock opened at $614.38 on Tuesday. The stock has a market cap of $538.21 billion, a price-to-earnings ratio of 33.79, a P/E/G ratio of 1.78 and a beta of 0.76. The company’s fifty day moving average is $581.69 and its 200 day moving average is $535.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 3.96. Mastercard Incorporated has a twelve month low of $464.52 and a twelve month high of $633.29.

Mastercard (NYSE:MA) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, topping analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same quarter last year, the firm earned $4.15 earnings per share. Mastercard’s quarterly revenue was up 14.1% on a year-over-year basis. Sell-side analysts forecast that Mastercard Incorporated will post 19.91 EPS for the current year.

Mastercard Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be issued a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Friday, October 9th. Mastercard’s payout ratio is presently 19.14%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Weiss Ratings raised shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. Royal Bank Of Canada lifted their price objective on shares of Mastercard from $642.00 to $696.00 and gave the stock an “outperform” rating in a research report on Monday, August 31st. Robert W. Baird upped their target price on Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research report on Friday, October 9th. Piper Sandler raised their price target on shares of Mastercard from $597.00 to $710.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, Morgan Stanley lifted their price objective on Mastercard from $679.00 to $681.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Two research analysts have rated the stock with a Strong Buy rating, thirty 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 “Moderate Buy” and an average target price of $683.94.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard partnered with Tech Mahindra to embed virtual cards and payment capabilities into ERP and procurement platforms. The initiative could expand Mastercard’s business-to-business payments volume, improve spend controls and support value-added-services revenue. Tech Mahindra and Mastercard partnership
• Positive Sentiment: The company is expanding its First-Party Trust program across Europe, the Middle East and Africa to reduce “friendly fraud” and payment disputes. Broader fraud-prevention and chargeback tools may strengthen merchant relationships and create additional services revenue. Mastercard EMEA fraud program
• Positive Sentiment: Mastercard launched a creator-focused card initiative with MrBeast’s Beast Industries, potentially supporting new co-branded card programs, consumer engagement and creator-economy payment products. Mastercard creator card project
• Positive Sentiment: Mastercard is being positioned to benefit from long-term digital-payments growth, AI-agent commerce, tokenization and expanded payment-security applications. A financing platform with FCMB could also broaden financial access for Nigerian farmers. Mastercard and AI-agent commerce
• Neutral Sentiment: Analysts expect Visa and Mastercard to meet or beat quarterly estimates, with investors focused on payment volume, cross-border growth, value-added services and management’s outlook. The positive expectations raise the bar for MA’s October 29 report. Visa and Mastercard earnings outlook
• Negative Sentiment: With Mastercard trading at roughly 34 times earnings and near its annual high, investors may be locking in gains or reducing exposure before earnings. Any disappointment in key metrics or guidance could pressure the stock despite favorable long-term fundamentals. Mastercard third-quarter earnings risks

Insiders Place Their Bets

In other news, insider Sachin Mehra sold 3,266 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the completion of the sale, the insider owned 36,650 shares of the company’s stock, valued at $21,403,600. This trade represents a 8.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of Mastercard stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the completion of the sale, the chief executive officer owned 93,693 shares of the company’s stock, valued at $53,873,475. This represents a 14.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 72,676 shares of company stock valued at $41,966,586 in the last 90 days. Company insiders own 0.09% of the company’s stock.

Mastercard Profile

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.