Mastercard Incorporated $MA Shares Acquired by Van Lanschot Kempen Investment Management N.V.

Van Lanschot Kempen Investment Management N.V. grew its holdings in Mastercard Incorporated (NYSE:MAFree Report) by 53.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 41,064 shares of the credit services provider’s stock after buying an additional 14,374 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Mastercard were worth $23,443,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. boosted its holdings in Mastercard by 820.0% in the fourth 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 in the last quarter. Tacita Capital Inc boosted its holdings in Mastercard by 50.0% in the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider’s stock worth $32,000 after acquiring an additional 19 shares in the last quarter. Foster Dykema Cabot & Partners LLC boosted its holdings in Mastercard by 250.0% in the third 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 in the last quarter. Bay Harbor Wealth Management LLC boosted its holdings in Mastercard by 54.1% in the fourth 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 in the last quarter. Finally, Birchbrook Inc. acquired a new stake in Mastercard in the fourth quarter worth about $37,000. Institutional investors and hedge funds own 97.28% of the company’s stock.

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Mastercard Trading Up 0.6%

Shares of NYSE:MA opened at $489.36 on Friday. Mastercard Incorporated has a 52-week low of $464.52 and a 52-week high of $601.77. The stock has a market cap of $432.39 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.52 and a beta of 0.74. 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 business has a 50-day moving average price of $499.31 and a 200-day moving average price of $523.57.

Mastercard (NYSE:MAGet Free Report) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.41 by $0.19. The firm had revenue of $8.40 billion during the quarter, compared to analysts’ expectations of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $3.73 earnings per share. Equities analysts predict that Mastercard Incorporated will post 19.6 EPS for the current year.

Analyst Upgrades and Downgrades

MA has been the subject of several research analyst reports. Citigroup reduced their price objective on Mastercard from $735.00 to $675.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Evercore restated a “negative” rating on shares of Mastercard in a research note on Tuesday, March 17th. Tigress Financial raised their price objective on Mastercard from $730.00 to $735.00 and gave the stock a “strong-buy” rating in a research note on Friday, March 13th. Bank of America initiated 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, Wolfe Research restated an “outperform” rating on shares of Mastercard in a research note on Tuesday, March 17th. Six investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $656.04.

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Mastercard 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.

Further Reading

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Institutional Ownership by Quarter for Mastercard (NYSE:MA)

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