Gibbs Wealth Management Has $2.51 Million Position in Mastercard Incorporated $MA

Gibbs Wealth Management lessened its holdings in shares of Mastercard Incorporated (NYSE:MA) by 17.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 5,030 shares of the credit services provider’s stock after selling 1,038 shares during the period. Gibbs Wealth Management’s holdings in Mastercard were worth $2,514,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MA. Vanguard Group Inc. lifted its position in shares of Mastercard by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider’s stock worth $45,612,087,000 after purchasing an additional 466,514 shares in the last quarter. J. Stern & Co. LLP lifted its holdings in Mastercard by 53,535.0% during the 4th quarter. J. Stern & Co. LLP now owns 72,597,097 shares of the credit services provider’s stock worth $41,444,231,000 after buying an additional 72,461,743 shares in the last quarter. State Street Corp lifted its holdings in Mastercard by 2.8% during the 3rd quarter. State Street Corp now owns 36,580,374 shares of the credit services provider’s stock worth $20,807,283,000 after buying an additional 997,536 shares in the last quarter. Geode Capital Management LLC boosted 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 buying an additional 349,369 shares during the last quarter. Finally, Capital International Investors increased its stake in shares of 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 buying an additional 759,584 shares during the period. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, insider Raj Seshadri sold 4,828 shares of Mastercard stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the transaction, the insider owned 16,429 shares in the company, valued at $8,625,225. The trade was a 22.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $540.00, for a total value of $108,000.00. Following the completion of the transaction, the insider owned 3,322 shares of the company’s stock, valued at $1,793,880. This represents a 5.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 7,005 shares of company stock worth $3,689,976 in the last quarter. 0.09% of the stock is currently owned by company insiders.

Mastercard Price Performance

MA opened at $530.52 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. Mastercard Incorporated has a 12 month low of $464.52 and a 12 month high of $601.77. The company has a fifty day simple moving average of $507.37 and a 200 day simple moving average of $514.85. The stock has a market cap of $468.75 billion, a P/E ratio of 30.70, a P/E/G ratio of 1.66 and a beta of 0.73.

Mastercard (NYSE:MA) last posted its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.19. The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company’s revenue for the quarter was up 15.8% on a year-over-year basis. During the same period in the previous year, the company posted $3.73 earnings per share. On average, research analysts expect that Mastercard Incorporated will post 19.62 EPS for the current year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a dividend yield of 0.7%. Mastercard’s dividend payout ratio (DPR) is currently 20.14%.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard announced new enhancements to its virtual card platform, including stronger security controls, embedded payments capabilities, and single-API access. This supports growth in B2B payments and could improve adoption of Mastercard’s commercial payment tools. Mastercard Expands Virtual Card Platform with New Security Controls, Embedded Payments Network and Single API Access
• Positive Sentiment: Mastercard is being highlighted by commentators like Jim Cramer as a “tech company in bank clothing,” reinforcing the market’s view of MA as a high-margin payments compounder with durable growth characteristics. Mastercard (NYSE:MA): Jim Cramer’s “Tech Company in Bank Clothing”
• Positive Sentiment: Wall Street expectations are building for Mastercard’s upcoming earnings report, with analysts looking for another earnings beat and continued profit growth. That can support the stock if results and guidance confirm strong consumer spending and transaction volume trends. MasterCard (MA) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Mastercard is also expanding into the creator economy through a new debit card partnership, which adds another growth avenue but is not yet large enough to move fundamentals on its own. Mastercard Sees the Next Payments Customer in the Creator Economy
• Neutral Sentiment: Several recent articles and market commentary have focused on Mastercard’s valuation, long-term moat, and competitive positioning versus peers like Affirm. These pieces are more about sentiment than immediate catalysts, though they contribute to the mixed tone around the stock. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run?
• Negative Sentiment: Some coverage suggests Mastercard may be less attractive than faster-growing fintech names such as Affirm on a valuation and upside basis, which could temper investor enthusiasm. Mastercard vs. Affirm: Which Fintech Stock Has More Room to Run?
• Negative Sentiment: There is also ongoing speculation about a possible sale of a majority stake in Mastercard’s UK payments subsidiary Vocalink, which adds uncertainty around a key infrastructure asset. Is Mastercard (MA) Cheap Or Fully Valued On Vocalink Sale Talk?

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on MA shares. Dbs Bank upgraded Mastercard to a “moderate buy” rating in a research report on Friday, March 27th. Morgan Stanley reiterated an “overweight” rating and issued a $679.00 price objective on shares of Mastercard in a research report on Friday, May 1st. Wall Street Zen cut Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. TD Cowen cut their target price on shares of Mastercard from $671.00 to $664.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Finally, Weiss Ratings lowered shares of Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Eight equities research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $653.92.

About Mastercard

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.