Mastercard Incorporated $MA Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC boosted its stake in Mastercard Incorporated (NYSE:MA) by 68.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,954 shares of the credit services provider’s stock after acquiring an additional 6,095 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Mastercard were worth $8,537,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Mastercard by 0.6% in the 4th quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock valued at $45,612,087,000 after acquiring an additional 466,514 shares during the period. State Street Corp increased its position in Mastercard by 2.8% in the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock valued at $20,807,283,000 after acquiring an additional 997,536 shares during the period. Geode Capital Management LLC increased its position in Mastercard by 1.7% in the 4th quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider’s stock valued at $11,773,153,000 after acquiring an additional 349,369 shares during the period. Capital International Investors increased its position in Mastercard by 4.4% in the 4th quarter. Capital International Investors now owns 17,964,658 shares of the credit services provider’s stock valued at $10,256,368,000 after acquiring an additional 759,584 shares during the period. Finally, Norges Bank acquired a new position in Mastercard in the 4th quarter valued at about $6,705,708,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on MA shares. Morgan Stanley restated an “overweight” rating and issued a $679.00 price target on shares of Mastercard in a research report on Friday, May 1st. BNP Paribas Exane upgraded Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 target price on the stock in a research report on Thursday, March 19th. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a research report on Friday, March 27th. Loop Capital reiterated a “buy” rating and set a $631.00 target price on shares of Mastercard in a research report on Wednesday, June 3rd. Finally, Raymond James Financial set a $609.00 target price on Mastercard in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $656.04.

Mastercard Stock Performance

NYSE MA opened at $484.94 on Tuesday. 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 business’s 50 day moving average is $499.50 and its two-hundred day moving average is $524.72. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $601.77. The stock has a market capitalization of $428.49 billion, a price-to-earnings ratio of 28.06, a PEG ratio of 1.53 and a beta of 0.74.

Mastercard (NYSE:MA) last released its earnings results 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. The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.73 EPS. Research analysts expect that Mastercard Incorporated will post 19.6 EPS for the current year.

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.