Bessemer Group Inc. lowered its position in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 15.5% in the 4th quarter, Holdings Channel reports. The fund owned 532,015 shares of the credit services provider’s stock after selling 97,477 shares during the period. Bessemer Group Inc.’s holdings in Mastercard were worth $303,717,000 as of its most recent filing with the SEC.
Other institutional investors have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after acquiring an additional 41 shares during the last quarter. Tacita Capital Inc grew its position in shares of Mastercard by 50.0% during the third 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 last quarter. Foster Dykema Cabot & Partners LLC lifted its holdings in Mastercard by 250.0% in the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after purchasing an additional 40 shares during the period. Bay Harbor Wealth Management LLC lifted its holdings in Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after purchasing an additional 20 shares during the period. Finally, Birchbrook Inc. acquired a new stake in Mastercard in the fourth quarter worth about $37,000. Institutional investors own 97.28% of the company’s stock.
Mastercard Price Performance
Shares of NYSE MA opened at $489.91 on Friday. Mastercard Incorporated has a twelve month low of $480.50 and a twelve month high of $601.77. 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 company has a market capitalization of $432.87 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 1.53 and a beta of 0.76. The firm has a 50-day moving average of $503.90 and a two-hundred day moving average of $531.86.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on MA. Citigroup reduced their price objective on shares of Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Bank of America began coverage on shares of Mastercard in a report on Thursday, March 5th. They issued a “buy” rating and a $700.00 price objective for the company. Cantor Fitzgerald raised shares of Mastercard to a “strong-buy” rating in a report on Tuesday, January 27th. Royal Bank Of Canada reduced their price objective on shares of Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Finally, Rothschild & Co Redburn set a $685.00 price objective on shares of Mastercard in a report on Wednesday, January 28th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard presently has an average rating of “Buy” and a consensus price target of $656.00.
View Our Latest Report on Mastercard
Key Mastercard News
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard is testing AI-driven “agentic commerce” payments with PhotonPay, which could open a new growth avenue in autonomous, secure digital transactions as the market for AI-enabled commerce develops. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
- Positive Sentiment: Amazon launched new Prime Business and Amazon Business credit cards powered by U.S. Bank and the Mastercard network, reinforcing Mastercard’s role in large co-branded card programs and ongoing payment volume growth. Amazon’s New Prime Business and Amazon Business Credit Cards, Powered by U.S. Bank and Mastercard®, Are Now Available with Enhanced Rewards and Flexible Financing
- Positive Sentiment: Analysts continue to highlight Mastercard as a top financial-transaction name benefiting from digital payment trends, including contactless payments, BNPL, and cross-border commerce. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
- Neutral Sentiment: Mastercard also got attention from sustainability-related coverage and broader analyst commentary, but these items appear more informational than immediately stock-moving. Mastercard: How Technology Is Turning Sustainability Goals Into Measurable Action
- Negative Sentiment: A U.S. inquiry into Brazil’s PIX instant-payment system raises concern that government-backed payment rails could bypass card networks and pressure Mastercard’s long-term transaction growth. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus
- Negative Sentiment: New proposed U.S. campaign-finance transparency rules could add compliance requirements for card networks that process political donations, including Mastercard. New Bill: Representative Bryan Steil introduces H.R. 8720: Campaign Finance Transparency Act
- Negative Sentiment: Truist cut its price target on Mastercard, which may reinforce concerns that the stock’s valuation is being tempered by macro headwinds and slower near-term growth. Mastercard (NYSE:MA) Price Target Cut to $561.00 by Analysts at Truist Financial
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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