Moneco Advisors LLC Has $1.60 Million Stock Position in Mastercard Incorporated $MA

Moneco Advisors LLC reduced its stake in shares of Mastercard Incorporated (NYSE:MA) by 58.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 2,793 shares of the credit services provider’s stock after selling 3,853 shares during the period. Moneco Advisors LLC’s holdings in Mastercard were worth $1,595,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Riggs Asset Managment Co. Inc. boosted its stake in Mastercard by 20.0% in the second quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider’s stock valued at $61,000 after buying an additional 18 shares in the last quarter. FAS Wealth Partners Inc. boosted its stake in Mastercard by 1.7% in the third quarter. FAS Wealth Partners Inc. now owns 1,167 shares of the credit services provider’s stock valued at $664,000 after buying an additional 19 shares in the last quarter. Matisse Capital boosted its stake in Mastercard by 1.4% in the third quarter. Matisse Capital now owns 1,348 shares of the credit services provider’s stock valued at $767,000 after buying an additional 19 shares in the last quarter. Millington Financial Advisors LLC boosted its stake in Mastercard by 5.2% in the third quarter. Millington Financial Advisors LLC now owns 386 shares of the credit services provider’s stock valued at $216,000 after buying an additional 19 shares in the last quarter. Finally, Tacita Capital Inc boosted its stake in Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after buying an additional 19 shares in the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

Mastercard Stock Performance

Shares of MA stock opened at $489.91 on Friday. The business’s 50-day moving average price is $503.90 and its 200-day moving average price is $531.86. Mastercard Incorporated has a 12 month low of $480.50 and a 12 month high of $601.77. The firm has a market capitalization of $432.87 billion, a price-to-earnings ratio of 28.35, a PEG ratio of 1.53 and a beta of 0.76. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56.

Mastercard (NYSE:MA) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating analysts’ consensus estimates of $4.41 by $0.19. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The firm had revenue of $8.40 billion for the quarter, compared to analyst estimates of $8.26 billion. During the same period last year, the firm posted $3.73 earnings per share. The business’s revenue for the quarter was up 15.8% on a year-over-year basis. Equities research analysts forecast that Mastercard Incorporated will post 19.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Citigroup reduced their price objective on Mastercard from $735.00 to $675.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Daiwa Securities Group set a $610.00 price objective on Mastercard and gave the company an “outperform” rating in a research note on Monday, February 2nd. Wolfe Research reaffirmed an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and issued a $679.00 price objective on shares of Mastercard in a research note on Friday, May 1st. Finally, Cantor Fitzgerald raised Mastercard to a “strong-buy” rating in a research note on Tuesday, January 27th. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $656.00.

Key Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is testing AI-driven “agentic commerce” payments with PhotonPay, which could open a new growth avenue in autonomous, secure digital transactions as the market for AI-enabled commerce develops. PhotonPay Completes its First Live Agentic Payment Together with Mastercard
• Positive Sentiment: Amazon launched new Prime Business and Amazon Business credit cards powered by U.S. Bank and the Mastercard network, reinforcing Mastercard’s role in large co-branded card programs and ongoing payment volume growth. Amazon’s New Prime Business and Amazon Business Credit Cards, Powered by U.S. Bank and Mastercard®, Are Now Available with Enhanced Rewards and Flexible Financing
• Positive Sentiment: Analysts continue to highlight Mastercard as a top financial-transaction name benefiting from digital payment trends, including contactless payments, BNPL, and cross-border commerce. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Neutral Sentiment: Mastercard also got attention from sustainability-related coverage and broader analyst commentary, but these items appear more informational than immediately stock-moving. Mastercard: How Technology Is Turning Sustainability Goals Into Measurable Action
• Negative Sentiment: A U.S. inquiry into Brazil’s PIX instant-payment system raises concern that government-backed payment rails could bypass card networks and pressure Mastercard’s long-term transaction growth. U.S. PIX Inquiry Puts Mastercard Growth And Valuation In Focus
• Negative Sentiment: New proposed U.S. campaign-finance transparency rules could add compliance requirements for card networks that process political donations, including Mastercard. New Bill: Representative Bryan Steil introduces H.R. 8720: Campaign Finance Transparency Act
• Negative Sentiment: Truist cut its price target on Mastercard, which may reinforce concerns that the stock’s valuation is being tempered by macro headwinds and slower near-term growth. Mastercard (NYSE:MA) Price Target Cut to $561.00 by Analysts at Truist Financial

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.