Pacific Excel Wealth Advisors Inc. Takes Position in Mastercard Incorporated $MA

Pacific Excel Wealth Advisors Inc. bought a new position in shares of Mastercard Incorporated (NYSE:MA) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 1,359 shares of the credit services provider’s stock, valued at approximately $698,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC raised its holdings in Mastercard by 42.3% during the 4th quarter. Brighton Jones LLC now owns 6,824 shares of the credit services provider’s stock worth $3,594,000 after purchasing an additional 2,028 shares during the last quarter. Schnieders Capital Management LLC. boosted its position in Mastercard by 8.5% during the second quarter. Schnieders Capital Management LLC. now owns 2,548 shares of the credit services provider’s stock valued at $1,432,000 after acquiring an additional 200 shares during the last quarter. Betterment LLC grew its holdings in Mastercard by 6.5% during the 2nd quarter. Betterment LLC now owns 947 shares of the credit services provider’s stock worth $532,000 after acquiring an additional 58 shares during the period. Worldquant Millennium Advisors LLC grew its holdings in Mastercard by 35.8% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 677,204 shares of the credit services provider’s stock worth $380,548,000 after acquiring an additional 178,387 shares during the period. Finally, Darwin Wealth Management LLC bought a new position in shares of Mastercard in the 2nd quarter worth about $431,000. Institutional investors own 97.28% of the company’s stock.

Wall Street Analysts Forecast Growth

MA has been the topic of a number of recent analyst reports. KeyCorp boosted their price objective on Mastercard from $670.00 to $680.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. The Goldman Sachs Group reiterated a “buy” rating and issued a $701.00 target price on shares of Mastercard in a report on Thursday, July 30th. Weiss Ratings reissued a “hold (c+)” rating on shares of Mastercard in a research note on Tuesday, July 21st. Royal Bank Of Canada increased their price target on Mastercard from $629.00 to $642.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Barclays raised their price objective on shares of Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday. Five investment analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $659.00.

Insider Buying and Selling at Mastercard

In other news, insider Sandra A. Arkell sold 200 shares of Mastercard stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $540.00, for a total transaction of $108,000.00. Following the completion of the transaction, the insider directly owned 3,322 shares in the company, valued at $1,793,880. This trade represents a 5.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Raj Seshadri sold 1,977 shares of the business’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the sale, the insider directly owned 16,429 shares of the company’s stock, valued at approximately $8,702,934.17. The trade was a 10.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 40,261 shares of company stock worth $22,773,599. 0.09% of the stock is owned by corporate insiders.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: BVNK acquisition expands digital-asset capabilities: Mastercard completed its purchase of stablecoin infrastructure provider BVNK, a deal announced at a value of up to $1.8 billion. The acquisition is intended to connect fiat and digital currencies and strengthen Mastercard’s offerings to banks, businesses and other institutions adopting stablecoins. Mastercard completes acquisition of BVNK to advance global stablecoin capabilities
• Positive Sentiment: Fiserv partnership could drive merchant-services growth: Mastercard and Fiserv announced a global partnership combining Fiserv’s Commerce Hub with Mastercard’s merchant services. The collaboration is designed to help enterprise merchants improve payments across channels and markets, potentially increasing Mastercard’s business-to-business and value-added-services opportunities. Fiserv and Mastercard Deepen Global Partnership
• Positive Sentiment: Analyst target increases reinforce bullish sentiment: Cantor Fitzgerald raised its Mastercard price target to $695 from $650 and maintained an “overweight” rating. Other reports also cited price-target increases to $680 and $685, suggesting analysts see additional upside following Mastercard’s strong earnings performance. Mastercard price target raised
• Positive Sentiment: Premium-card refresh supports payment volume and engagement: Mastercard, Citi and American Airlines introduced enhanced benefits for the Citi/AAdvantage Executive World Legend Mastercard, including expanded lounge access, rewards and travel-related perks. The initiative targets frequent premium travelers and could support spending activity on Mastercard’s network. Mastercard launches richer Citi AAdvantage Executive World Legend Card
• Neutral Sentiment: Mastercard announced six senior appointments across Asia Pacific and is reorganizing regional leadership. The moves may improve execution but have no immediate financial impact. Mastercard makes senior appointments across Asia Pacific
• Negative Sentiment: CEO Michael Miebach sold a combined 33,256 shares for approximately $19.1 million, reducing his direct holdings by roughly 26%. Because both sales occurred under a pre-arranged Rule 10b5-1 plan, they may reflect scheduled diversification rather than a negative view of Mastercard’s outlook, limiting the bearish signal. Mastercard CEO SEC Form 4 filing

Mastercard Stock Up 0.1%

Shares of NYSE:MA opened at $571.26 on Wednesday. The business’s 50 day simple moving average is $517.87 and its two-hundred day simple moving average is $514.63. The firm has a market cap of $504.75 billion, a P/E ratio of 31.42, a PEG ratio of 1.73 and a beta of 0.72. The company has a debt-to-equity ratio of 3.96, a quick ratio of 1.06 and a current ratio of 1.06. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77.

Mastercard (NYSE:MA) last announced its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 EPS for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. Mastercard had a return on equity of 239.99% and a net margin of 46.34%.The firm had revenue of $9.28 billion during the quarter, compared to analysts’ expectations of $9.08 billion. During the same quarter last year, the firm posted $4.15 earnings per share. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. As a group, research analysts forecast that Mastercard Incorporated will post 19.77 EPS for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be given a $0.87 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 annualized dividend and a yield of 0.6%. Mastercard’s dividend payout ratio (DPR) is presently 19.14%.

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.