Mastercard Incorporated $MA Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS lessened its position in Mastercard Incorporated (NYSE:MA) by 3.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 190,727 shares of the credit services provider’s stock after selling 7,504 shares during the period. Mastercard makes up 0.6% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s investment portfolio, making the stock its 25th largest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Mastercard were worth $108,882,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. lifted its stake in shares of Mastercard by 20.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock worth $61,000 after acquiring an additional 18 shares during the period. Tacita Capital Inc lifted its stake in shares of Mastercard by 50.0% in the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 19 shares during the period. Affinity Capital Advisors LLC lifted its stake in shares of Mastercard by 0.7% in the 4th quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider’s stock worth $1,678,000 after acquiring an additional 19 shares during the period. Abacus Planning Group Inc. lifted its stake in shares of Mastercard by 3.3% in the 4th quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider’s stock worth $337,000 after acquiring an additional 19 shares during the period. Finally, Thomasville National Bank lifted its stake in shares of Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider’s stock worth $273,000 after acquiring an additional 19 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Weiss Ratings cut shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. BNP Paribas Exane upgraded shares of Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 target price for the company in a research note on Thursday, March 19th. Wolfe Research restated an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Loop Capital assumed coverage on shares of Mastercard in a research note on Tuesday, March 31st. They issued a “buy” rating and a $631.00 target price for the company. Finally, Raymond James Financial set a $609.00 target price on shares of Mastercard in a research note on Friday, May 1st. Six investment 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 issued a Sell rating to the company. According to data from MarketBeat, Mastercard presently has a consensus rating of “Buy” and an average target price of $656.04.

Mastercard Trading Up 0.1%

Shares of MA opened at $494.45 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’s 50-day moving average is $501.23 and its two-hundred day moving average is $527.57. Mastercard Incorporated has a twelve month low of $480.50 and a twelve month high of $601.77. The firm has a market capitalization of $436.89 billion, a P/E ratio of 28.61, a PEG ratio of 1.54 and a beta of 0.76.

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

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s BitLicense approval strengthens its ability to build regulated digital asset, stablecoin, and blockchain-based payment infrastructure, which investors may see as a long-term growth opportunity. Mastercard BitLicense Approval Opens New Chapter In Digital Assets And Valuation
• Positive Sentiment: Coverage suggesting Mastercard is well positioned in the stablecoin battle, alongside peers like SoFi, Block, and Robinhood, highlights the company’s relevance in a fast-growing payments trend. How Mastercard, SoFi, Block are heating up the stablecoin battle
• Positive Sentiment: Analysts remain upbeat on Mastercard despite recent relative underperformance versus fintech peers, suggesting Wall Street still sees upside in the stock’s fundamentals and franchise strength. How Is Mastercard’s Stock Performance Compared to Other FinTech Stocks?
• Neutral Sentiment: Recent valuation-focused commentary notes Mastercard has pulled back from recent highs and trades at a premium multiple, which may keep some investors cautious even as the long-term outlook remains constructive. Mastercard (MA) Valuation Check After Recent Pullback And Premium P/E Multiple
• Neutral Sentiment: Mastercard also announced upcoming investor conference appearances, which is routine corporate communication rather than a major operating update. Mastercard to Participate in Upcoming Investor Conferences

Mastercard Company 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.