Central Pacific Bank Trust Division lowered its holdings in Mastercard Incorporated (NYSE:MA – Free Report) by 35.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,335 shares of the credit services provider’s stock after selling 3,416 shares during the period. Central Pacific Bank Trust Division’s holdings in Mastercard were worth $3,617,000 at the end of the most recent quarter.
Other institutional investors also recently modified their holdings of the company. Evolution Wealth Management Inc. bought a new stake in Mastercard during the 2nd quarter valued at $29,000. Robbins Farley boosted its holdings in shares of Mastercard by 50.0% in the third quarter. Robbins Farley now owns 54 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 18 shares during the period. Foster Dykema Cabot & Partners LLC grew its position in shares of Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 40 shares in the last quarter. Tacita Capital Inc grew its position in shares of Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 19 shares in the last quarter. Finally, Sagard Holdings Management Inc. bought a new stake in shares of Mastercard during the 2nd quarter valued at $37,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.
Mastercard Stock Up 1.2%
Shares of NYSE:MA opened at $496.91 on Friday. The stock’s 50-day moving average price is $525.06 and its 200-day moving average price is $551.29. Mastercard Incorporated has a 12-month low of $465.59 and a 12-month high of $601.77. The stock has a market capitalization of $443.15 billion, a P/E ratio of 30.08, a price-to-earnings-growth ratio of 1.58 and a beta of 0.83. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 2.36.
Mastercard Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Thursday, April 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, April 9th. Mastercard’s payout ratio is 21.07%.
Wall Street Analysts Forecast Growth
A number of analysts recently issued reports on the company. The Goldman Sachs Group reissued a “buy” rating and set a $739.00 price objective on shares of Mastercard in a report on Thursday, January 29th. BNP Paribas Exane raised Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 target price for the company in a report on Thursday. JPMorgan Chase & Co. decreased their price target on Mastercard from $685.00 to $655.00 and set an “overweight” rating on the stock in a research report on Friday, January 30th. Royal Bank Of Canada reissued an “outperform” rating and issued a $656.00 price target on shares of Mastercard in a report on Friday, January 30th. Finally, Macquarie Infrastructure raised their price objective on shares of Mastercard from $660.00 to $675.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Six analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $667.88.
Read Our Latest Stock Report on Mastercard
More Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Major strategic deal — Mastercard agreed to acquire BVNK for about $1.8 billion, strengthening its stablecoin and digital-asset infrastructure capabilities, a direct revenue/strategic growth catalyst as the company pushes deeper into crypto-enabled payments. Stablecoin Strategy: Mastercard to Acquire BVNK for US$1.8bn
- Positive Sentiment: Analyst upgrade — BNP Paribas Exane raised Mastercard from “neutral” to “outperform” and set a $600 price target, a bullish signal that can attract buyers and support near-term momentum. BNP Paribas Exane Upgrade
- Positive Sentiment: Bullish research/valuation views — recent analyst and independent commentary (e.g., Seeking Alpha) highlight Mastercard’s high margins, transaction growth, and multi-year EPS runway, reinforcing the long-term investment case. Mastercard: You Swipe, I Win
- Neutral Sentiment: Legal update — London’s Court of Appeal has allowed Mastercard and Visa to appeal a ruling that their default merchant interchange fees breach competition law; the decision preserves the right to challenge the judgment but leaves the underlying antitrust risk unresolved. Allowed to Appeal UK Ruling
- Neutral Sentiment: Value/price-check coverage — several pieces examine whether the recent pullback makes MA a buy, noting solid fundamentals but some short-term share weakness versus historical highs; useful context for longer-term investors but not an immediate catalyst. Is Mastercard Offering Value After Recent Share Price Weakness?
- Negative Sentiment: Near-term market pressure — articles and market note flow highlight that Mastercard (and peers Visa/AmEx) have seen recent selling/“roughing up,” and some traders are positioning this as a buy-the-dip situation; that selling pressure can keep volatility and cap near-term upside. Why Mastercard Shares Are Trading Lower Today
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.
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