Telos Capital Management Inc. Sells 927 Shares of Mastercard Incorporated $MA

Telos Capital Management Inc. lessened its stake in shares of Mastercard Incorporated (NYSE:MA) by 3.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,730 shares of the credit services provider’s stock after selling 927 shares during the period. Telos Capital Management Inc.’s holdings in Mastercard were worth $12,535,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the stock. Robinswood Financial LLC acquired a new position in shares of Mastercard in the 1st quarter valued at $25,000. Next Level Wealth Planning LLC purchased a new stake in Mastercard during the 3rd quarter valued at about $31,000. Allied Private Wealth LLC purchased a new stake in Mastercard during the 2nd quarter valued at about $34,000. Premier Financial Group purchased a new stake in Mastercard during the 2nd quarter valued at about $39,000. Finally, Roxbury Financial LLC increased its holdings in shares of Mastercard by 102.6% in the second quarter. Roxbury Financial LLC now owns 79 shares of the credit services provider’s stock valued at $40,000 after purchasing an additional 40 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

Analysts Set New Price Targets

MA has been the topic of several research reports. Royal Bank Of Canada increased their price target on shares of Mastercard from $696.00 to $742.00 and gave the stock an “outperform” rating in a report on Friday, October 30th. UBS Group restated a “buy” rating and set a $725.00 price objective on shares of Mastercard in a research note on Thursday. Wells Fargo & Company upped their price objective on shares of Mastercard from $668.00 to $731.00 and gave the company an “overweight” rating in a report on Friday, October 30th. Robert W. Baird increased their price objective on shares of Mastercard from $660.00 to $710.00 and gave the stock an “outperform” rating in a research note on Friday, October 9th. Finally, Loop Capital raised their target price on shares of Mastercard from $631.00 to $647.00 and gave the stock a “buy” rating in a report on Friday, July 31st. 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $704.00.

Insider Activity at Mastercard

In related news, insider Sachin Mehra sold 3,266 shares of the business’s stock in a transaction on Wednesday, September 2nd. The shares were 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 of the company’s stock, valued at approximately $21,403,600. The trade was a 8.18% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the company’s stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $641.00, for a total transaction of $2,767,197.00. Following the transaction, the chief financial officer owned 35,750 shares of the company’s stock, valued at $22,915,750. This represents a 10.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 25,403 shares of company stock valued at $15,428,736. 0.09% of the stock is owned by company insiders.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Truist raised its price target to $735 and maintained a Buy rating. Other firms have set targets as high as $765 following Q3, reflecting optimism about Mastercard’s outlook. Truist target increase Analyst price targets after Q3
• Positive Sentiment: Fundamentals remain strong: Mastercard reported Q3 revenue of $9.81 billion, up 14% year over year, and EPS of $5.31, beating analyst estimates for both measures. Mastercard earnings and company information
• Neutral Sentiment: Mastercard is participating in firmly’s $15 million funding round for a platform that helps merchants connect with AI agents and other digital commerce channels. The investment aligns with its agentic-commerce strategy, but the near-term financial contribution is uncertain. firmly funding and agentic commerce
• Negative Sentiment: Valuation may be weighing on the stock after its roughly 19% monthly rise to a 52-week high. A recent analysis says much of the rally came from investors assigning a higher earnings multiple, while Wall Street estimates barely changed after the report—raising the risk that expectations have run ahead of forecast growth. Valuation and earnings estimates analysis
• Negative Sentiment: CFO Ling Hai sold 4,317 shares in a pre-arranged Rule 10b5-1 transaction. Such planned sales are less indicative of a new view on the business, but insider selling can add to near-term caution. CFO share sale details

Mastercard Stock Performance

Shares of MA stock opened at $655.61 on Friday. The company has a market capitalization of $574.32 billion, a P/E ratio of 34.29, a P/E/G ratio of 1.90 and a beta of 0.78. The business’s 50 day moving average is $591.91 and its two-hundred day moving average is $538.51. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 3.29. Mastercard Incorporated has a 12-month low of $464.52 and a 12-month high of $681.99.

Mastercard (NYSE:MA) last issued its quarterly earnings data on Thursday, October 29th. The credit services provider reported $5.31 EPS for the quarter, beating the consensus estimate of $5.17 by $0.14. The company had revenue of $9.81 billion for the quarter, compared to analyst estimates of $9.66 billion. Mastercard had a return on equity of 260.86% and a net margin of 46.73%. Mastercard’s quarterly revenue was up 14.0% compared to the same quarter last year. During the same period last year, the company earned $4.38 earnings per share. Analysts expect that Mastercard Incorporated will post 19.99 EPS for the current fiscal year.

Mastercard Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Investors of record on Friday, October 9th will be paid a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. Mastercard’s dividend payout ratio (DPR) is currently 18.20%.

Mastercard Company 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 electronic payments and provides technology that supports transactions conducted through credit, debit, prepaid and commercial payment products.

In addition to operating its payments network, Mastercard offers services in areas such as payment security, fraud prevention, authentication, cybersecurity, data and analytics, loyalty programs, digital identity and open banking.