Quadrant Capital Group LLC boosted its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 8.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 25,368 shares of the credit services provider’s stock after buying an additional 2,063 shares during the period. Quadrant Capital Group LLC’s holdings in Mastercard were worth $15,343,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of MA. Robinswood Financial LLC bought a new stake in Mastercard in the first quarter worth about $25,000. First Pacific Financial boosted its position in shares of Mastercard by 113.8% during the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock valued at $31,000 after purchasing an additional 33 shares in the last quarter. Allied Private Wealth LLC bought a new position in shares of Mastercard during the 2nd quarter valued at about $34,000. Premier Financial Group bought a new position in shares of Mastercard during the 2nd quarter valued at about $39,000. Finally, Roxbury Financial LLC grew its stake in shares of Mastercard by 102.6% in the 2nd quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock worth $40,000 after purchasing an additional 40 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In other Mastercard news, CEO Michael Miebach sold 15,372 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the sale, the chief executive officer owned 93,693 shares in the company, valued at approximately $53,873,475. The trade was a 14.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Linda Kirkpatrick sold 4,280 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the sale, the insider directly owned 31,179 shares of the company’s stock, valued at $17,781,695.49. This represents a 12.07% 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 quarter, insiders have sold 72,676 shares of company stock worth $41,966,586. 0.09% of the stock is owned by company insiders.
Mastercard News Summary
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard introduced Stablecoin Security, an API that combines payment and blockchain intelligence to assess fraud, scams and sanctions exposure before funds move on-chain. The tool could reduce compliance barriers for banks and create new risk-management revenue opportunities as stablecoin payments expand. Mastercard introduces risk intelligence to enable more secure stablecoin payments
- Positive Sentiment: The company also launched a Global Money Platform integrating stablecoins with traditional currencies. The initiative positions Mastercard to capture cross-border payment volume as financial institutions adopt blockchain-based settlement. Mastercard expands stablecoin reach with new money platform
- Positive Sentiment: Mastercard unveiled an AI-powered Agent Detection Score to identify transactions initiated by software rather than people. The product may help manage fraud, authorization and liability risks as autonomous shopping agents become more prevalent. Mastercard unveiled an AI Agent Detection Score
- Positive Sentiment: Partnerships involving digital payments, business software and emerging markets—including Moovn in East Africa, BankIslami in Pakistan and Extend—could support longer-term transaction growth.
- Neutral Sentiment: Chief Financial Officer Ling Hai sold 4,317 shares worth approximately $2.7 million under a pre-arranged Rule 10b5-1 plan. The transaction reduces ownership but is less informative than discretionary insider selling.
- Negative Sentiment: Mastercard’s valuation is elevated at roughly 34 times earnings, leaving limited room for execution disappointments. Investors will likely expect continued strong growth after the company’s latest quarterly revenue increased 14.1% and earnings exceeded estimates.
Mastercard Stock Up 0.7%
Shares of Mastercard stock opened at $620.62 on Wednesday. The stock’s fifty day moving average is $578.27 and its 200-day moving average is $537.01. The firm has a market capitalization of $543.67 billion, a PE ratio of 34.14, a price-to-earnings-growth ratio of 1.76 and a beta of 0.76. 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 12-month low of $464.52 and a 12-month high of $624.29.
Mastercard (NYSE:MA – Get Free Report) last announced its earnings results on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating the consensus estimate of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. The business had revenue of $9.28 billion during the quarter, compared to the consensus estimate of $9.08 billion. During the same period in the prior year, the business posted $4.15 earnings per share. Mastercard’s revenue was up 14.1% compared to the same quarter last year. Equities analysts anticipate that Mastercard Incorporated will post 19.91 earnings per share for the current year.
Mastercard Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is currently 19.14%.
Wall Street Analysts Forecast Growth
MA has been the topic of several recent research reports. Weiss Ratings raised shares of Mastercard from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Clear Str raised shares of Mastercard to a “strong-buy” rating in a research note on Thursday, July 16th. Truist Financial increased their target price on shares of Mastercard from $554.00 to $633.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Rothschild & Co Redburn reduced their target price on shares of Mastercard from $710.00 to $688.00 and set a “buy” rating for the company in a report on Wednesday, September 2nd. Finally, Daiwa Securities Group raised their target price on shares of Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $682.66.
About Mastercard
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.
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