PBU The Pension Fund of Early Childhood & Youth Educators Takes $20.33 Million Position in Mastercard Incorporated $MA

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in Mastercard Incorporated (NYSE:MAFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 35,614 shares of the credit services provider’s stock, valued at approximately $20,331,000. Mastercard comprises 0.7% of PBU The Pension Fund of Early Childhood & Youth Educators’ portfolio, making the stock its 27th biggest holding.

Other large investors have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of Mastercard by 820.0% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after acquiring an additional 41 shares during the period. Tacita Capital Inc boosted its holdings 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 acquiring an additional 19 shares during the period. Foster Dykema Cabot & Partners LLC boosted its holdings 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 acquiring an additional 40 shares during the period. Bay Harbor Wealth Management LLC boosted its holdings in shares of Mastercard by 54.1% in the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock valued at $33,000 after acquiring an additional 20 shares during the period. Finally, Birchbrook Inc. acquired a new stake in shares of Mastercard in the fourth quarter valued at approximately $37,000. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Price Performance

Mastercard stock opened at $491.67 on Friday. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $601.77. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. The business has a 50 day simple moving average of $499.81 and a 200-day simple moving average of $525.11. The stock has a market capitalization of $434.43 billion, a PE ratio of 28.45, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Mastercard (NYSE:MAGet Free Report) last released its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter in the prior year, the business posted $3.73 earnings per share. Mastercard’s revenue was up 15.8% compared to the same quarter last year. Equities analysts predict that Mastercard Incorporated will post 19.6 earnings per share for the current year.

More Mastercard News

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Analyst Upgrades and Downgrades

MA has been the subject of several research analyst reports. UBS Group decreased their price objective on Mastercard from $650.00 to $640.00 and set a “buy” rating for the company in a report on Friday, May 1st. Bank of America began coverage on Mastercard in a research note on Thursday, March 5th. They set a “buy” rating and a $700.00 price target for the company. Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a research note on Saturday, May 2nd. Susquehanna cut their price target on Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a research note on Friday, May 1st. Finally, Morgan Stanley restated an “overweight” rating and set a $679.00 price target on shares of Mastercard in a research note on Friday, May 1st. Six analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $656.04.

View Our Latest Analysis on MA

About Mastercard

(Free Report)

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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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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