Sustainable Growth Advisers LP Sells 159,501 Shares of Mastercard Incorporated $MA

Sustainable Growth Advisers LP lessened its position in shares of Mastercard Incorporated (NYSE:MA) by 42.0% in the third quarter, HoldingsChannel.com reports. The firm owned 220,367 shares of the credit services provider’s stock after selling 159,501 shares during the quarter. Mastercard accounts for approximately 1.3% of Sustainable Growth Advisers LP’s portfolio, making the stock its 21st biggest holding. Sustainable Growth Advisers LP’s holdings in Mastercard were worth $121,526,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Robinswood Financial LLC bought a new stake in Mastercard during the 1st quarter worth approximately $25,000. Hyposwiss Advisors SA purchased a new position in Mastercard in the 4th quarter valued at approximately $29,000. First Pacific Financial lifted its position in shares of Mastercard by 113.8% during the first quarter. First Pacific Financial now owns 62 shares of the credit services provider’s stock worth $31,000 after acquiring an additional 33 shares in the last quarter. Lifetime Wealth Management P.C. purchased a new stake in shares of Mastercard during the fourth quarter worth $33,000. Finally, Allied Private Wealth LLC bought a new position in shares of Mastercard in the second quarter worth $34,000. 97.28% of the stock is currently owned by institutional investors.

Key Headlines Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and BVNK launched the Global Money Platform, a single-API infrastructure service enabling banks, fintechs and businesses to hold, convert and spend traditional currencies and stablecoins. The product is the first major integration since Mastercard acquired BVNK for $1.8 billion and could expand Mastercard’s role in cross-border payments, digital assets and enterprise settlement. Mastercard and BVNK launch Global Money Platform
• Positive Sentiment: Technical coverage said MA moved into a buy zone after extending its longest winning streak since 2023 and passing a key buy point. Momentum-focused investors may view the move toward record highs as confirmation of a potential longer-term breakout. Mastercard technical momentum analysis
• Positive Sentiment: Analyst coverage remains broadly bullish, with Mastercard receiving a consensus “Moderate Buy” rating and a target price above its recent trading level. Recent quarterly results also exceeded earnings and revenue expectations, supporting confidence in the company’s growth outlook. Wall Street views on Mastercard
• Neutral Sentiment: Director Julius Genachowski sold Mastercard shares under a pre-arranged Rule 10b5-1 trading plan. The transaction modestly reduced his holdings but is less significant as a discretionary bearish signal because it was scheduled in advance. Mastercard director stock sale

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. The Goldman Sachs Group restated a “buy” rating and issued a $701.00 target price (up from $674.00) on shares of Mastercard in a research note on Thursday, July 30th. BMO Capital Markets reaffirmed an “outperform” rating and set a $665.00 target price on shares of Mastercard in a report on Thursday. TD Cowen upped their target price on shares of Mastercard from $664.00 to $667.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Barclays increased their price objective on Mastercard from $640.00 to $660.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Finally, President Capital boosted their price target on shares of Mastercard from $693.00 to $729.00 and gave the stock a “buy” rating in a research note on Monday, August 17th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Mastercard presently has a consensus rating of “Moderate Buy” and a consensus target price of $682.66.

Mastercard Stock Up 2.2%

Shares of NYSE:MA opened at $616.36 on Friday. The stock’s 50-day moving average price is $574.89 and its 200-day moving average price is $534.41. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $619.80. The stock has a market capitalization of $539.93 billion, a P/E ratio of 33.90, a price-to-earnings-growth ratio of 1.72 and a beta of 0.76. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 3.96.

Mastercard (NYSE:MA) last released its earnings results on Thursday, July 30th. The credit services provider reported $5.04 earnings per share for the quarter, beating analysts’ consensus estimates of $4.77 by $0.27. The company had revenue of $9.28 billion during the quarter, compared to analyst estimates of $9.08 billion. Mastercard had a return on equity of 239.99% and a net margin of 46.34%. Mastercard’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.15 EPS. On average, equities analysts anticipate that Mastercard Incorporated will post 19.90 earnings per share for the current year.

Mastercard Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Shareholders of record on Friday, October 9th will be paid a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, October 9th. Mastercard’s payout ratio is 19.14%.

Insider Buying and Selling

In other Mastercard news, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $584.00, for a total value of $1,907,344.00. Following the completion of the sale, the insider owned 36,650 shares in the company, valued at approximately $21,403,600. The trade was a 8.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Julius Genachowski sold 370 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $590.21, for a total value of $218,377.70. Following the sale, the director directly owned 8,237 shares of the company’s stock, valued at approximately $4,861,559.77. This trade represents a 4.30% decrease in their position. 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. Over the last ninety days, insiders have sold 68,359 shares of company stock worth $39,290,046. Company insiders own 0.09% of the company’s stock.

Mastercard Profile

Mastercard Incorporated (NYSE: MA) is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard’s products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.