1,939 Mastercard Incorporated $MA Shares Purchased by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe increased its Mastercard stake by 6.7% in the third quarter, purchasing 1,939 shares and bringing its holdings to 30,848 shares valued at approximately $17 million. Institutional investors and hedge funds own 97.28% of the stock.
• Mastercard reported quarterly EPS of $5.04 and revenue of $9.28 billion, exceeding analyst estimates, with revenue up 14.1% year over year. Shares recently traded at $578.52, while analysts maintain a “Moderate Buy” consensus and an average price target of $680.
• Insiders sold 67,618 shares worth roughly $38.9 million over the past 90 days, including sales by CEO Michael Miebach and executive Linda Kirkpatrick under pre-arranged Rule 10b5-1 plans. Mastercard also declared a quarterly dividend of $0.87 per share, representing a 0.6% yield.

Quintet Private Bank Europe S.A. raised its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 6.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,848 shares of the credit services provider's stock after acquiring an additional 1,939 shares during the quarter. Mastercard comprises 0.8% of Quintet Private Bank Europe S.A.'s holdings, making the stock its 28th largest position. Quintet Private Bank Europe S.A.'s holdings in Mastercard were worth $17,012,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Robinswood Financial LLC acquired a new position in shares of Mastercard in the first quarter valued at about $25,000. Hyposwiss Advisors SA acquired a new stake in Mastercard in the 4th quarter worth about $29,000. First Pacific Financial raised its stake in Mastercard by 113.8% in the 1st quarter. First Pacific Financial now owns 62 shares of the credit services provider's stock worth $31,000 after purchasing an additional 33 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in Mastercard in the 4th quarter valued at about $33,000. Finally, Allied Private Wealth LLC bought a new stake in Mastercard in the 2nd quarter valued at about $34,000. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Stablecoin settlement expansion: SoFi is launching stablecoin card settlement on Mastercard and projects more than $25 billion in annual transaction volume. Separately, institutional stablecoin settlement rails are rapidly expanding, highlighting a potential new growth channel for Mastercard’s payments infrastructure. SoFi launches stablecoin card settlement on Mastercard Institutional Stablecoin Settlement Expansion
• Positive Sentiment: New payment use cases: Mastercard is working with Tamatem to power gaming web stores in the UAE and Saudi Arabia, while an expanded partnership with stc pay Bahrain targets digital-payment growth among small businesses. These initiatives could increase transaction volumes in underpenetrated markets. Mastercard and Tamatem Gaming Payments Mastercard and stc pay Bahrain Partnership
• Positive Sentiment: Resilience and innovation: Mastercard is introducing offline payment capabilities across Europe to keep transactions operating during power or network outages and is exploring consumer trust in AI-agent purchases. Both efforts support Mastercard’s role in future payment infrastructure. Mastercard Offline Payments in Europe Mastercard AI-Agent Payments
• Positive Sentiment: Analyst support: Autonomous Research maintained an Outperform rating and a $686 price target, signaling continued confidence in Mastercard’s earnings and growth outlook. Autonomous Research Mastercard Price Target
• Neutral Sentiment: Mastercard is expanding its Dublin operations with a second office, supporting long-term hiring and regional infrastructure but adding costs before any revenue benefit is clear. Mastercard Dublin Office Expansion
• Negative Sentiment: Investors are discussing strategies to profit from potential Mastercard weakness ahead of earnings, underscoring concerns about valuation, expectations and short-term volatility. Mastercard Earnings Options Strategy

Insider Activity at Mastercard

In other news, insider Linda Kirkpatrick sold 4,280 shares of the business's stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $570.31, for a total transaction of $2,440,926.80. Following the completion of the transaction, the insider directly owned 31,179 shares in the company, valued at $17,781,695.49. The trade was a 12.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Miebach sold 15,372 shares of the company's stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $575.00, for a total transaction of $8,838,900.00. Following the completion of the transaction, the chief executive officer directly owned 93,693 shares in the company, valued at approximately $53,873,475. The trade was a 14.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 67,618 shares of company stock worth $38,854,630. 0.09% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on the stock. Morgan Stanley raised their target price on shares of Mastercard from $679.00 to $681.00 and gave the stock an "overweight" rating in a report on Friday, July 31st. Rothschild & Co Redburn reduced their price target on shares of Mastercard from $710.00 to $688.00 and set a "buy" rating on the stock in a research report on Wednesday, September 2nd. Keefe, Bruyette & Woods lifted their target price on Mastercard from $665.00 to $685.00 and gave the company an "outperform" rating in a research report on Friday, July 31st. Loop Capital increased their target price on Mastercard from $631.00 to $647.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Finally, Daiwa Securities Group boosted their price objective on shares of Mastercard from $580.00 to $650.00 and gave the stock an "outperform" rating in a research note on Thursday, August 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $680.00.

Mastercard Stock Up 1.5%

Shares of NYSE:MA traded up $8.46 during trading on Thursday, reaching $578.52. 1,113,476 shares of the stock were exchanged, compared to its average volume of 3,509,525. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.06 and a quick ratio of 1.06. Mastercard Incorporated has a 1-year low of $464.52 and a 1-year high of $601.23. The firm has a market cap of $506.79 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 1.62 and a beta of 0.76. The stock has a fifty day moving average of $572.03 and a two-hundred day moving average of $530.19.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The credit services provider reported $5.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.77 by $0.27. The firm had revenue of $9.28 billion for the quarter, compared to the consensus estimate of $9.08 billion. Mastercard had a net margin of 46.34% and a return on equity of 239.99%. The business's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $4.15 EPS. Research analysts anticipate that Mastercard Incorporated will post 19.9 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 9th. Stockholders of record on Friday, October 9th will be given a $0.87 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.6%. Mastercard's payout ratio is 19.14%.

About Mastercard

Mastercard Incorporated NYSE: MA is a global payments technology company that operates a network connecting consumers, financial institutions, merchants, governments and businesses. The company facilitates the authorization, clearing and settlement of electronic payment transactions, while generally not issuing cards or extending credit itself. Its network supports payments made in stores, online and through mobile devices.

Mastercard's products and services include consumer and commercial payment cards, digital payment solutions, payment processing, fraud prevention, cybersecurity, identity verification, data and analytics, and open banking tools.

Want to see what other hedge funds are holding MA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Mastercard Incorporated (NYSE:MA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.