Livforsakringsbolaget Skandia Omsesidigt Raises Stock Holdings in Mastercard Incorporated $MA

Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in shares of Mastercard Incorporated (NYSE:MA) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 35,390 shares of the credit services provider’s stock after purchasing an additional 1,850 shares during the quarter. Mastercard makes up approximately 0.8% of Livforsakringsbolaget Skandia Omsesidigt’s holdings, making the stock its 20th largest holding. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Mastercard were worth $20,203,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of MA. E Fund Management Hong Kong Co. Ltd. increased its holdings 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 purchasing an additional 41 shares during the last quarter. Tacita Capital Inc increased its holdings 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 purchasing an additional 19 shares during the last quarter. Foster Dykema Cabot & Partners LLC increased its holdings 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 purchasing an additional 40 shares during the last quarter. Bay Harbor Wealth Management LLC increased its holdings 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 purchasing an additional 20 shares during the last quarter. Finally, Birchbrook Inc. purchased a new stake in Mastercard during the 4th quarter worth approximately $37,000. 97.28% of the stock is currently owned by hedge funds and other institutional investors.

Mastercard Stock Up 2.1%

Shares of MA stock opened at $481.54 on Friday. Mastercard Incorporated has a 1 year low of $464.52 and a 1 year high of $601.77. The stock has a market cap of $425.48 billion, a PE ratio of 27.87, a price-to-earnings-growth ratio of 1.47 and a beta of 0.74. The business’s fifty day moving average is $500.03 and its 200-day moving average is $525.34. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98.

Mastercard (NYSE:MA) last issued 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. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company had revenue of $8.40 billion for the quarter, compared to analysts’ expectations of $8.26 billion. During the same period last year, the firm earned $3.73 EPS. The firm’s revenue for the quarter was up 15.8% on a year-over-year basis. Equities analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Susquehanna cut their target price on Mastercard from $670.00 to $665.00 and set a “positive” rating on the stock in a research note on Friday, May 1st. Evercore reaffirmed a “negative” rating on shares of Mastercard in a research note on Tuesday, March 17th. Morgan Stanley reaffirmed an “overweight” rating and set a $679.00 target price on shares of Mastercard in a research note on Friday, May 1st. UBS Group cut their target price on Mastercard from $650.00 to $640.00 and set a “buy” rating on the stock in a research note on Friday, May 1st. Finally, Weiss Ratings downgraded Mastercard from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, April 24th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Mastercard presently has a consensus rating of “Buy” and a consensus price target of $656.04.

Key Stories Impacting Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard is expanding its settlement network to support stablecoins and more continuous transaction processing, which could improve long-term payment volume and keep the company competitive as crypto-based rails gain traction.
• Positive Sentiment: Reports that Mastercard may participate in a shared stablecoin platform with Stripe, Visa, and Coinbase point to new partnership-driven growth opportunities and broader adoption of Mastercard’s payment infrastructure.
• Positive Sentiment: Loop Capital reiterated a buy rating and raised its price target to $631, signaling Wall Street confidence in Mastercard’s earnings power and upside potential.

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.