EULAV Asset Management Has $16.36 Million Stock Position in Mastercard Incorporated $MA

Key Points

• EULAV Asset Management increased its Mastercard stake by 29.6% in the fourth quarter, now holding 28,649 shares valued at about $16.36 million.
• Institutional ownership of Mastercard remains extremely high at 97.28%, with major firms like Vanguard, State Street, and Geode also adding to their positions.
• Mastercard reported better-than-expected Q1 results, including EPS of $4.60 versus $4.41 expected and revenue of $8.40 billion, while analysts currently maintain a Buy consensus with an average price target of $656.04.

EULAV Asset Management raised its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 29.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 28,649 shares of the credit services provider's stock after acquiring an additional 6,536 shares during the quarter. EULAV Asset Management's holdings in Mastercard were worth $16,355,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Mastercard by 0.6% during the fourth quarter. Vanguard Group Inc. now owns 79,897,854 shares of the credit services provider's stock valued at $45,612,087,000 after acquiring an additional 466,514 shares during the last quarter. State Street Corp boosted its position in Mastercard by 2.8% during the third quarter. State Street Corp now owns 36,580,374 shares of the credit services provider's stock valued at $20,807,283,000 after acquiring an additional 997,536 shares during the last quarter. Geode Capital Management LLC boosted its position in Mastercard by 1.7% during the fourth quarter. Geode Capital Management LLC now owns 20,686,605 shares of the credit services provider's stock valued at $11,773,153,000 after acquiring an additional 349,369 shares during the last quarter. Norges Bank bought a new stake in Mastercard during the fourth quarter valued at $6,705,708,000. Finally, Capital Research Global Investors boosted its position in Mastercard by 6.5% during the third quarter. Capital Research Global Investors now owns 10,347,834 shares of the credit services provider's stock valued at $5,885,944,000 after acquiring an additional 629,941 shares during the last quarter. Institutional investors own 97.28% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Tigress Financial upped their price target on shares of Mastercard from $730.00 to $735.00 and gave the company a "strong-buy" rating in a research report on Friday, March 13th. Evercore reissued a "negative" rating on shares of Mastercard in a research report on Tuesday, March 17th. Royal Bank Of Canada cut their price objective on shares of Mastercard from $656.00 to $629.00 and set an "outperform" rating on the stock in a research report on Friday, May 1st. Loop Capital restated a "buy" rating and issued a $631.00 target price on shares of Mastercard in a report on Wednesday. Finally, Weiss Ratings lowered shares of Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, April 24th. Six 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 issued a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $656.04.

Mastercard Trading Up 2.1%

NYSE:MA opened at $491.67 on Friday. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $434.43 billion, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74. Mastercard Incorporated has a 52 week low of $464.52 and a 52 week high of $601.77. The firm has a 50-day moving average price of $499.81 and a two-hundred day moving average price of $525.11.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating the consensus estimate of $4.41 by $0.19. The firm had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The company's revenue for the quarter was up 15.8% on a year-over-year basis. During the same quarter last year, the business posted $3.73 EPS. On average, equities analysts expect that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s CEO said spending growth has been holding up across all income bands, suggesting consumers remain resilient despite higher gas and food prices. That supports the outlook for payment volume and transaction growth. Mastercard CEO: Spending growth has been happening across all income bands
• Positive Sentiment: Mastercard is expanding its open finance ecosystem through a partnership with PaidBy, adding cross-border open banking payments, local-currency account-to-account transactions, and faster settlement. Can Mastercard Strengthen Its Open Finance Ecosystem With PaidBy?
• Positive Sentiment: News that Mastercard is adding stablecoins and broader settlement windows points to continued innovation in payments infrastructure, which could help the company capture more transaction flows and improve settlement efficiency. Mastercard adds stablecoins to payment settlement system
• Positive Sentiment: Mastercard’s leadership shake-up and AI-focused initiatives suggest management is trying to accelerate fintech growth and modernize the business, which investors may view as supportive of long-term expansion. Mastercard Leadership Shake-Up to Drive Fintech Growth
• Neutral Sentiment: Analysts and commentators continue to highlight Mastercard’s strong value-added services and high-return business model, but this is more of a long-term valuation argument than a direct near-term catalyst. Mastercard: Advanced DuPont Analysis Reveals Value-Added Services Are Built To Skyrocket The Share Price
• Negative Sentiment: Mastercard transactions in Cuba are set to be suspended, a reminder that geopolitical and sanctions-related issues can still disrupt some transaction volumes, though the financial impact is likely limited. Visa, Mastercard transactions in Cuba to be suspended, central bank says

Mastercard 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.

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