M3 Wealth Management LLC Acquires Shares of 1,923 Mastercard Incorporated $MA

M3 Wealth Management LLC acquired a new stake in Mastercard Incorporated (NYSE:MA) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 1,923 shares of the credit services provider’s stock, valued at approximately $1,098,000.

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

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard CEO Michael Miebach said consumer spending trends in the Middle East remain solid, which supports the view that cross-border and payments volume remain healthy. Mastercard CEO Michael Miebach: Overall spending trends in the Middle East remain solid
• Positive Sentiment: Mastercard CTO Ed McLaughlin highlighted the company’s focus on future payment infrastructure, reinforcing investor confidence in Mastercard’s innovation pipeline and long-term growth strategy. Mastercard CTO Ed McLaughlin on Firm’s Goal to ‘Set the Stage for the Future’
• Positive Sentiment: Coverage from multiple outlets argued that Mastercard remains a top long-term growth stock, with continued emphasis on its scale, profitability, and decades of strong stock performance. Why Mastercard (MA) is a top growth stock for the long term
• Positive Sentiment: News that Increase expanded push-to-card transfers for Mastercard and Visa cards underscores continued adoption of Mastercard-linked payment rails in instant payout and refund use cases. Increase Expands Instant Payment Solutions to Include Push-to-Card Transfers
• Neutral Sentiment: Several articles marked Mastercard’s 20-year IPO anniversary and its historical stock gains; these reinforce the company’s strong track record but do not change near-term fundamentals. NYSE Content Update: Mastercard Celebrates Two Decades as NYSE-Listed Company
• Neutral Sentiment: Other pieces compared Mastercard with Visa or highlighted its long-term share-price surge, which is supportive sentiment but not a direct catalyst for the stock today. Mastercard’s stock is up 11,000% since its IPO 20 years ago. What comes next?
• Negative Sentiment: Broader consumer-spending commentary around selective shopping and Memorial Day promotions could signal a more cautious backdrop for payment volumes if discount-driven spending softness persists. Memorial Day Sales Test the Selective Consumer

Mastercard Price Performance

Shares of MA opened at $494.22 on Wednesday. Mastercard Incorporated has a 12-month low of $480.50 and a 12-month high of $601.77. The business has a 50-day simple moving average of $501.62 and a two-hundred day simple moving average of $528.62. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 2.56. The stock has a market cap of $436.68 billion, a PE ratio of 28.60, a PEG ratio of 1.56 and a beta of 0.76.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping 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 business had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. During the same quarter in the prior year, the firm earned $3.73 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Analysts anticipate that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on MA. Susquehanna lowered their price target on Mastercard from $670.00 to $665.00 and set a “positive” rating for the company in a report on Friday, May 1st. Wolfe Research reissued an “outperform” rating on shares of Mastercard in a report on Tuesday, March 17th. Raymond James Financial set a $609.00 price target on Mastercard in a report on Friday, May 1st. Tigress Financial boosted their price target on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a report on Friday, March 13th. Finally, Royal Bank Of Canada lowered 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. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Mastercard presently has an average rating of “Buy” and an average price target of $656.04.

Mastercard Company 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.