Mastercard Incorporated $MA is Tandem Investment Advisors Inc.’s 8th Largest Position

Tandem Investment Advisors Inc. lessened its position in shares of Mastercard Incorporated (NYSE:MA) by 3.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 197,762 shares of the credit services provider’s stock after selling 7,611 shares during the period. Mastercard makes up approximately 4.2% of Tandem Investment Advisors Inc.’s holdings, making the stock its 8th largest holding. Tandem Investment Advisors Inc.’s holdings in Mastercard were worth $112,898,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of Mastercard by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock valued at $45,612,087,000 after buying an additional 466,514 shares in the last quarter. State Street Corp grew its position in Mastercard by 2.8% in the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after acquiring an additional 997,536 shares in the last quarter. Capital Research Global Investors grew its position in Mastercard by 6.5% in the third quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider’s stock worth $5,885,944,000 after acquiring an additional 629,941 shares in the last quarter. Legal & General Group Plc increased its stake in Mastercard by 4.2% in 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 last quarter. Finally, Invesco Ltd. raised its position in 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 purchasing an additional 339,137 shares in the last quarter. 97.28% of the stock is owned by institutional investors.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s long-term share-price surge and strong historical returns were highlighted again, reinforcing investor confidence in its durable business model and compounding earnings power. Mastercard’s 12,000% surge proves value investing
• Positive Sentiment: Mastercard’s renewed partnership with CIB, Egypt’s largest private-sector bank, suggests continued international expansion and deeper digital payments penetration in an important growth market. Mastercard and CIB Team to Boost Digital Payments in Egypt
• Positive Sentiment: Reports that Mastercard’s BVNK deal is part of a larger stablecoin strategy point to a push into digital assets and next-generation payments, which could open new revenue opportunities if executed well. Mastercard BVNK Acquisition: Zerohash Dropped as $1.8B Stablecoin Bet Takes Shape
• Neutral Sentiment: Several articles revisited Mastercard’s exceptional IPO-to-present gains and compared it with Visa, but these pieces were mostly commentary and did not change the fundamental outlook. Mastercard’s stock is up 11,000% since its IPO 20 years ago. What comes next?

Analyst Ratings Changes

Several equities research analysts have issued reports on MA shares. JPMorgan Chase & Co. dropped their price target on Mastercard from $685.00 to $655.00 and set an “overweight” rating for the company in a research note on Friday, January 30th. UBS Group decreased their price objective on Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Royal Bank Of Canada decreased their price target on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. 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, Citigroup reduced their target price on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have issued 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 presently has an average rating of “Buy” and a consensus target price of $656.00.

Mastercard Stock Down 0.1%

Shares of Mastercard stock opened at $498.24 on Tuesday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. Mastercard Incorporated has a 52-week low of $480.50 and a 52-week high of $601.77. The company’s 50 day moving average price is $501.70 and its 200-day moving average price is $529.03. The stock has a market capitalization of $440.24 billion, a price-to-earnings ratio of 28.83, a P/E/G ratio of 1.56 and a beta of 0.76.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, beating the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The firm’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.73 EPS. Equities research analysts forecast that Mastercard Incorporated will post 19.6 EPS for the current year.

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.