221,955 Mastercard Incorporated $MA Shares Bought by Danske Bank A S

Danske Bank A S boosted its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 44.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 720,064 shares of the credit services provider’s stock after buying an additional 221,955 shares during the quarter. Mastercard makes up 0.8% of Danske Bank A S’s portfolio, making the stock its 18th largest position. Danske Bank A S’s holdings in Mastercard were worth $397,094,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently added to or reduced their stakes in MA. Act Two Investors LLC lifted its holdings in shares of Mastercard by 8.2% in the 3rd quarter. Act Two Investors LLC now owns 2,537 shares of the credit services provider’s stock worth $1,399,000 after buying an additional 193 shares during the period. Drive Wealth Management LLC increased its stake in shares of Mastercard by 7.5% during the third quarter. Drive Wealth Management LLC now owns 3,016 shares of the credit services provider’s stock valued at $1,663,000 after buying an additional 210 shares during the period. MSH Capital Advisors LLC increased its stake in shares of Mastercard by 3.8% during the third quarter. MSH Capital Advisors LLC now owns 2,038 shares of the credit services provider’s stock valued at $1,124,000 after buying an additional 75 shares during the period. Cornerstone Advisory LLC increased its stake in shares of Mastercard by 0.7% during the third quarter. Cornerstone Advisory LLC now owns 10,349 shares of the credit services provider’s stock valued at $5,707,000 after buying an additional 77 shares during the period. Finally, Addison Advisors LLC increased its stake in shares of Mastercard by 18.1% during the third quarter. Addison Advisors LLC now owns 332 shares of the credit services provider’s stock valued at $183,000 after buying an additional 51 shares during the period. 97.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on MA. BMO Capital Markets reaffirmed an “outperform” rating and issued a $665.00 price objective on shares of Mastercard in a research note on Thursday, October 15th. Robert W. Baird raised their target price on shares of Mastercard from $660.00 to $710.00 and gave the company an “outperform” rating in a research report on Friday, October 9th. JPMorgan Chase & Co. boosted their price target on shares of Mastercard from $720.00 to $755.00 and gave the company an “overweight” rating in a report on Friday, October 30th. Daiwa Securities Group upped their price target on shares of Mastercard from $580.00 to $650.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Morgan Stanley upped their price target on shares of Mastercard from $679.00 to $681.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $713.21.

Read Our Latest Research Report on MA

Insider Buying and Selling at Mastercard

In other news, Director Julius Genachowski sold 370 shares of the business’s stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $590.21, for a total transaction of $218,377.70. Following the sale, the director owned 8,237 shares in the company, valued at approximately $4,861,559.77. The trade was a 4.30% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Sachin Mehra sold 3,266 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $584.00, for a total transaction of $1,907,344.00. Following the transaction, the insider owned 36,650 shares in the company, valued at approximately $21,403,600. This trade represents a 8.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 25,403 shares of company stock worth $15,428,736. 0.09% of the stock is owned by insiders.

Mastercard Stock Up 1.3%

Shares of MA traded up $8.53 during midday trading on Friday, hitting $661.13. 1,936,242 shares of the company’s stock traded hands, compared to its average volume of 3,351,180. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $681.99. The firm’s fifty day moving average is $600.12 and its 200-day moving average is $542.40. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.29. The stock has a market capitalization of $575.97 billion, a price-to-earnings ratio of 34.58, a price-to-earnings-growth ratio of 1.84 and a beta of 0.78.

Mastercard (NYSE:MA – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 earnings per share for the quarter, topping analysts’ consensus estimates of $5.17 by $0.14. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. The firm had revenue of $9.81 billion during the quarter, compared to analysts’ expectations of $9.66 billion. During the same quarter last year, the firm earned $4.38 EPS. The business’s quarterly revenue was up 14.0% on a year-over-year basis. As a group, sell-side analysts anticipate that Mastercard Incorporated will post 20.01 earnings per share for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, October 9th were paid a $0.87 dividend. The ex-dividend date was Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard’s dividend payout ratio (DPR) is 18.20%.

Top Mastercard Stories

Here are a few of the latest stories about MA:

  • Positive Sentiment: Zacks Research raised its EPS estimates across multiple periods, including FY2027 to $22.98 from $22.34 and FY2028 to $26.45 from $25.74. The broad upward revisions suggest improving expectations for earnings growth. Mastercard analyst estimates
  • Positive Sentiment: A partnership with Sage will bring Mastercard debit-card capabilities into accounting software for small businesses in France, potentially widening its reach in business payments. Mastercard valuation and Sage partnership
  • Neutral Sentiment: Coverage also cites favorable analyst views of Mastercard, but the articles provide limited detail on new price targets or near-term earnings impact. With no major downside catalyst in the supplied reports, the recent news flow appears modestly supportive rather than a clear standalone driver of the shares.

Mastercard Profile

(Free Report)

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods. The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.

See Also

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA – Free Report).

Institutional Ownership by Quarter for Mastercard (NYSE:MA)

Receive News & Ratings for Mastercard Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mastercard and related companies with MarketBeat.com's FREE daily email newsletter.