Wells Fargo & Company MN trimmed its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 0.2% in the 4th quarter, HoldingsChannel reports. The firm owned 2,772,698 shares of the credit services provider’s stock after selling 5,114 shares during the quarter. Wells Fargo & Company MN’s holdings in Mastercard were worth $1,582,878,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of Mastercard by 820.0% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 46 shares of the credit services provider’s stock valued at $26,000 after purchasing an additional 41 shares during the last quarter. Foster Dykema Cabot & Partners LLC lifted its holdings in shares of Mastercard by 250.0% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 40 shares during the last quarter. Tacita Capital Inc lifted its holdings in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock valued at $32,000 after purchasing an additional 19 shares during the last quarter. Bay Harbor Wealth Management LLC lifted its holdings in shares of Mastercard by 54.1% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider’s stock valued at $33,000 after purchasing an additional 20 shares during the last quarter. Finally, Birchbrook Inc. purchased a new stake in shares of Mastercard during the fourth quarter valued at $37,000. 97.28% of the stock is owned by hedge funds and other institutional investors.
Mastercard Stock Up 0.6%
Shares of Mastercard stock opened at $489.36 on Friday. The stock has a 50-day moving average price of $499.31 and a 200 day moving average price of $523.57. The company has a market cap of $432.39 billion, a P/E ratio of 28.32, a P/E/G ratio of 1.52 and a beta of 0.74. 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 Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77.
Mastercard News Summary
Here are the key news stories impacting Mastercard this week:
- Positive Sentiment: Mastercard launched Agent Pay for Machines (AP4M), a new payment framework designed to let AI agents and autonomous machines make secure transactions, send micropayments, and settle across multiple payment types. The initiative is backed by more than 30 industry participants and includes crypto and fintech partners, which could open a new growth avenue in AI-powered commerce. Article: Mastercard Introduces Agent Pay for Machines to Enable Autonomous AI Transactions
- Positive Sentiment: A U.S. federal judge gave preliminary approval to Mastercard’s revised $38 billion swipe-fee settlement, moving a decades-long antitrust case closer to resolution. Investors may view this as reducing legal overhang, even though merchants remain unhappy and the final outcome is still pending. Article: Mastercard Incorporated (MA) gains 2% Over Preliminary Judicial Approval of $38 billion Swipe-Fee Settlement
- Neutral Sentiment: Mastercard also announced leadership changes, including Ling Hai moving into the CFO role and Sachin Mehra taking on a newly created Chief Business Officer position. This is more of a governance update than an immediate operating catalyst. Article: Mastercard announces leadership changes
- Neutral Sentiment: Cuba’s central bank said it will suspend all Visa and Mastercard transactions there after a processing partnership collapsed under U.S. sanctions pressure. The direct financial impact appears limited, but it highlights ongoing geopolitical and payment-network disruptions. Article: Cuba’s Central Bank to Suspend all Visa and Mastercard Transactions
- Negative Sentiment: Recent commentary on Mastercard’s valuation notes that the stock has been under pressure over the past months and remains below key moving averages, suggesting investors are still cautious despite the positive news flow. Article: A Look At Mastercard (MA) Valuation After Recent Share Price Weakness
Wall Street Analyst Weigh In
MA has been the subject of several analyst reports. Susquehanna reduced their target price on Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a report on Friday, May 1st. Wall Street Zen downgraded Mastercard from a “buy” rating to a “hold” rating in a report on Saturday, May 2nd. Morgan Stanley reaffirmed an “overweight” rating and set a $679.00 target price on shares of Mastercard in a report on Friday, May 1st. Bank of America began coverage on Mastercard in a research note on Thursday, March 5th. They issued a “buy” rating and a $700.00 price objective for the company. Finally, Truist Financial reduced their price objective on Mastercard from $590.00 to $561.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Six research analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $656.04.
View Our Latest Stock Analysis on Mastercard
About Mastercard
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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