Capital International Investors Has $10.26 Billion Holdings in Mastercard Incorporated $MA

Capital International Investors boosted its holdings in shares of Mastercard Incorporated (NYSE:MAFree Report) by 4.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 17,964,658 shares of the credit services provider’s stock after acquiring an additional 759,584 shares during the quarter. Mastercard accounts for about 1.6% of Capital International Investors’ investment portfolio, making the stock its 12th largest holding. Capital International Investors’ holdings in Mastercard were worth $10,256,368,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. boosted its position in Mastercard by 820.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock worth $26,000 after acquiring an additional 41 shares during the period. Tacita Capital Inc boosted its position in Mastercard by 50.0% during the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 19 shares during the period. Foster Dykema Cabot & Partners LLC boosted its position in Mastercard by 250.0% during the 3rd quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 40 shares during the period. Bay Harbor Wealth Management LLC boosted its position in Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock worth $33,000 after acquiring an additional 20 shares during the period. Finally, Birchbrook Inc. acquired a new stake in Mastercard during the 4th quarter worth about $37,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Mastercard Stock Up 2.1%

Shares of Mastercard stock opened at $491.67 on Friday. The firm has a market cap of $434.43 billion, a price-to-earnings ratio of 28.45, a P/E/G ratio of 1.53 and a beta of 0.74. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77. The stock has a 50-day simple moving average of $499.81 and a 200-day simple moving average of $525.11.

Mastercard (NYSE:MAGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.41 by $0.19. The business had revenue of $8.40 billion during 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 firm’s revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the company earned $3.73 EPS. On average, equities research analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

More Mastercard News

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Wall Street Analysts Forecast Growth

MA has been the subject of a number of research reports. Citigroup decreased their price objective on Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Morgan Stanley restated an “overweight” rating and set a $679.00 price objective on shares of Mastercard in a research report on Friday, May 1st. Royal Bank Of Canada reduced their price target on Mastercard from $656.00 to $629.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Loop Capital reiterated a “buy” rating and set a $631.00 price target on shares of Mastercard in a report on Wednesday. Finally, BNP Paribas Exane upgraded Mastercard from a “neutral” rating to an “outperform” rating and set a $600.00 price target for the company in a report on Thursday, March 19th. Six research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $656.04.

View Our Latest Stock Report on MA

Mastercard Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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