Capital International Ltd. CA Purchases 7,280 Shares of Mastercard Incorporated $MA

Capital International Ltd. CA boosted its position in shares of Mastercard Incorporated (NYSE:MA) by 17.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 48,915 shares of the credit services provider’s stock after acquiring an additional 7,280 shares during the period. Mastercard comprises approximately 1.0% of Capital International Ltd. CA’s investment portfolio, making the stock its 27th biggest holding. Capital International Ltd. CA’s holdings in Mastercard were worth $27,925,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of MA. Norges Bank bought a new stake in shares of Mastercard in the 4th quarter valued at approximately $6,705,708,000. State Street Corp lifted its stake in shares of Mastercard by 2.8% in the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock valued at $20,807,283,000 after purchasing an additional 997,536 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Mastercard by 1.2% in the 3rd quarter. Vanguard Group Inc. now owns 79,431,340 shares of the credit services provider’s stock valued at $45,181,341,000 after purchasing an additional 955,533 shares during the last quarter. Assenagon Asset Management S.A. lifted its stake in shares of Mastercard by 792.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 865,523 shares of the credit services provider’s stock valued at $494,110,000 after purchasing an additional 768,514 shares during the last quarter. Finally, Capital International Investors lifted its stake in shares of Mastercard by 4.4% in the 4th quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider’s stock valued at $10,256,368,000 after purchasing an additional 759,584 shares during the last quarter. 97.28% of the stock is owned by institutional investors.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Mastercard Stock Up 2.1%

Shares of NYSE MA opened at $491.67 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 stock has a market capitalization of $434.43 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.53 and a beta of 0.74. The stock’s fifty day simple moving average is $499.81 and its two-hundred day simple moving average is $525.11. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77.

Mastercard (NYSE:MA) last announced its 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 analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the firm earned $3.73 EPS. As a group, analysts expect that Mastercard Incorporated will post 19.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on MA. Weiss Ratings lowered Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Raymond James Financial set a $609.00 price target on Mastercard in a report on Friday, May 1st. Bank of America assumed coverage on Mastercard in a report on Thursday, March 5th. They issued a “buy” rating and a $700.00 price target on the stock. Tigress Financial increased their price target on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a report on Friday, March 13th. Finally, BMO Capital Markets assumed coverage on Mastercard in a report on Tuesday, April 21st. They issued an “outperform” rating and a $605.00 price target on the stock. Six research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Mastercard has an average rating of “Buy” and a consensus target price of $656.04.

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.