Hillsdale Investment Management Inc. Has $7.60 Million Holdings in Mastercard Incorporated $MA

Key Points

• Hillsdale Investment Management increased its Mastercard stake by 14.2% in the first quarter, ending with 15,216 shares valued at about $7.6 million.
• Wall Street remains bullish on Mastercard, with a consensus Buy rating and an average price target of $653.78; several analysts recently reiterated or raised positive ratings.
• Mastercard reported better-than-expected Q1 results, including EPS of $4.60 versus $4.41 expected and revenue of $8.40 billion, while also announcing a quarterly dividend of $0.87 per share.

Hillsdale Investment Management Inc. lifted its position in Mastercard Incorporated (NYSE:MA - Free Report) by 14.2% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,216 shares of the credit services provider's stock after acquiring an additional 1,890 shares during the quarter. Hillsdale Investment Management Inc.'s holdings in Mastercard were worth $7,603,000 as of its most recent filing with the SEC.

A number of 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 stake 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 valued at $26,000 after purchasing an additional 41 shares during the period. Strive Financial Group LLC acquired a new stake in shares of Mastercard in the fourth quarter worth $27,000. Hyposwiss Advisors SA acquired a new stake in shares of Mastercard in the fourth quarter worth $29,000. First Pacific Financial grew its holdings in shares of Mastercard by 113.8% during the first quarter. First Pacific Financial now owns 62 shares of the credit services provider's stock valued at $31,000 after buying an additional 33 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC grew its holdings in shares of Mastercard by 54.1% during the fourth quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider's stock valued at $33,000 after buying an additional 20 shares in the last quarter. Institutional investors and hedge funds own 97.28% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Robert W. Baird increased their price objective on Mastercard from $660.00 to $680.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 7th. Loop Capital reiterated a "buy" rating and issued a $631.00 target price on shares of Mastercard in a report on Wednesday, June 3rd. Truist Financial reduced their price target on shares of Mastercard from $590.00 to $561.00 and set a "buy" rating for the company in a research report on Tuesday, May 12th. UBS Group restated a "buy" rating on shares of Mastercard in a report on Thursday, June 25th. Finally, Weiss Ratings downgraded shares of Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. Seven equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $653.78.

Insider Buying and Selling

In related news, insider Raj Seshadri sold 4,828 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $525.00, for a total transaction of $2,534,700.00. Following the transaction, the insider owned 16,429 shares of the company's stock, valued at approximately $8,625,225. This trade represents a 22.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Sandra A. Arkell sold 200 shares of Mastercard stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $540.00, for a total transaction of $108,000.00. Following the completion of the sale, the insider owned 3,322 shares of the company's stock, valued at $1,793,880. This trade represents a 5.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 7,005 shares of company stock worth $3,689,976 in the last 90 days. 0.09% of the stock is currently owned by corporate insiders.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard shares are being supported by broader strength in financial stocks, which rose late in the session and helped lift sentiment across the sector. Sector Update: Financial Stocks Rise Late Afternoon
• Positive Sentiment: Analysts continue to point to meaningful upside in Mastercard, with Buy ratings and favorable MarketRank/price-target sentiment reinforcing a constructive outlook for the stock. Analysts See Major Upside for These 5 Stocks (MA)
• Positive Sentiment: Mastercard also gained attention after adding NordVPN to its lifestyle perks, a small but positive consumer-facing enhancement that could support cardholder engagement. NordVPN is now part of Mastercard’s lifestyle perks — find out if you are eligible
• Neutral Sentiment: News that Mastercard is reviewing options for its U.K. payments subsidiary Vocalink suggests portfolio optimization, but the financial impact is still unclear because talks are reportedly early and no deal has been announced. Mastercard examines sale of UK payments subsidiary Vocalink
• Neutral Sentiment: Additional reports that Mastercard may sell a majority stake in Vocalink, and commentary about overseas regulators and “payment protectionism,” could matter strategically, but they do not yet indicate a completed transaction or immediate earnings impact. Mastercard in early talks to sell majority stake in Vocalink– report
• Negative Sentiment: The Vocalink headlines also highlight regulatory pressure in the U.K. and concerns about foreign ownership of critical payments infrastructure, which could create uncertainty or limit Mastercard’s strategic flexibility. Mastercard's Vocalink rumors and the rise of payment protectionism

Mastercard Stock Performance

Shares of NYSE MA opened at $537.02 on Tuesday. The business's 50-day moving average price is $500.32 and its two-hundred day moving average price is $516.83. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.98 and a quick ratio of 0.98. Mastercard Incorporated has a one year low of $464.52 and a one year high of $601.77. The company has a market capitalization of $474.50 billion, a P/E ratio of 31.08, a price-to-earnings-growth ratio of 1.64 and a beta of 0.73.

Mastercard (NYSE:MA - Get Free Report) last posted its quarterly earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share for the quarter, topping analysts' consensus estimates of $4.41 by $0.19. The company had revenue of $8.40 billion during the quarter, compared to the consensus estimate of $8.26 billion. Mastercard had a return on equity of 212.96% and a net margin of 45.88%.The business's quarterly revenue was up 15.8% on a year-over-year basis. During the same period last year, the business earned $3.73 EPS. Analysts anticipate that Mastercard Incorporated will post 19.61 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Investors of record on Thursday, July 9th will be issued a $0.87 dividend. The ex-dividend date is Thursday, July 9th. This represents a $3.48 dividend on an annualized basis and a yield of 0.6%. Mastercard's dividend payout ratio is currently 20.14%.

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.

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