Mastercard Incorporated $MA Shares Sold by Natixis Advisors LLC

Key Points

• Natixis Advisors LLC trimmed its Mastercard stake by 4.3% in the fourth quarter, selling 30,359 shares and ending with 674,519 shares valued at about $385.1 million. Mastercard remained its 24th-largest holding, representing roughly 0.5% of the portfolio.
• Wall Street remains broadly positive on Mastercard, with analysts maintaining an average “Buy” rating and a consensus target price of $656.04. Recent calls included buy ratings from Truist, UBS, and Bank of America, though some firms lowered their price targets slightly.
• Mastercard’s latest earnings topped expectations, posting $4.60 EPS on revenue of $8.40 billion, with revenue up 15.8% year over year. The company also highlighted continued growth momentum, while new payments and AI-fraud initiatives may support longer-term expansion.

Natixis Advisors LLC reduced its position in Mastercard Incorporated (NYSE:MA - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 674,519 shares of the credit services provider's stock after selling 30,359 shares during the period. Mastercard comprises about 0.5% of Natixis Advisors LLC's portfolio, making the stock its 24th biggest holding. Natixis Advisors LLC owned about 0.08% of Mastercard worth $385,069,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Riggs Asset Managment Co. Inc. lifted its stake in shares of Mastercard by 20.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 108 shares of the credit services provider's stock valued at $61,000 after purchasing an additional 18 shares during the period. Tacita Capital Inc lifted its stake in shares of Mastercard by 50.0% in the 3rd quarter. Tacita Capital Inc now owns 57 shares of the credit services provider's stock valued at $32,000 after purchasing an additional 19 shares during the period. Affinity Capital Advisors LLC lifted its stake in shares of Mastercard by 0.7% in the 4th quarter. Affinity Capital Advisors LLC now owns 2,939 shares of the credit services provider's stock valued at $1,678,000 after purchasing an additional 19 shares during the period. Abacus Planning Group Inc. lifted its stake in shares of Mastercard by 3.3% in the 4th quarter. Abacus Planning Group Inc. now owns 590 shares of the credit services provider's stock valued at $337,000 after purchasing an additional 19 shares during the period. Finally, Thomasville National Bank lifted its stake in shares of Mastercard by 4.1% in the 4th quarter. Thomasville National Bank now owns 479 shares of the credit services provider's stock valued at $273,000 after purchasing an additional 19 shares during the period. 97.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Truist Financial decreased their target price on shares of Mastercard from $590.00 to $561.00 and set a "buy" rating for the company in a research note on Tuesday, May 12th. Wolfe Research reiterated an "outperform" rating on shares of Mastercard in a research note on Tuesday, March 17th. UBS Group decreased their target price on shares of Mastercard from $650.00 to $640.00 and set a "buy" rating for the company in a research note on Friday, May 1st. Bank of America initiated coverage on shares of Mastercard in a research report on Thursday, March 5th. They set a "buy" rating and a $700.00 price objective for the company. Finally, Wall Street Zen cut shares of Mastercard from a "buy" rating to a "hold" rating in a research report on Saturday, May 2nd. Six analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $656.04.

More Mastercard News

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: TD Cowen reiterated its Buy rating on Mastercard with a $671 price target, citing Q1 results that showed 12% net revenue growth and reinforcing a constructive view on the company’s growth outlook. TD Cowen Reaffirms Buy Rating on Mastercard (MA) After Q1 Results
• Positive Sentiment: Mastercard joined a European cross-border instant payments pilot with the central banks of Denmark and Sweden, a move that highlights continued expansion in faster payments and could support long-term transaction growth. Mastercard Joins European Cross-Border Instant Payments Pilot
• Positive Sentiment: Mastercard also rolled out new AI-powered fraud and merchant-trust tools, which should help strengthen network security and reduce fraud-related losses over time. Mastercard Tightens Fraud Rules And AI Tools As Share Price Slips
• Neutral Sentiment: Several investor commentary pieces argued Mastercard screens attractively after a year of underperformance, suggesting valuation support but not a near-term catalyst by itself. Visa at $326, Mastercard at $493: Buy, Sell or Hold?
• Neutral Sentiment: Mastercard was mentioned in a report about Berkshire Hathaway removing the stock from its portfolio, which may create some headline pressure, though the impact on fundamentals appears limited. Another fintech giant gets the pink slip from Warren Buffett's Berkshire

Mastercard Stock Performance

NYSE:MA opened at $496.08 on Tuesday. 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 company has a fifty day moving average of $501.32 and a two-hundred day moving average of $526.96. The stock has a market capitalization of $438.33 billion, a PE ratio of 28.71, a P/E/G ratio of 1.54 and a beta of 0.74. Mastercard Incorporated has a fifty-two week low of $480.50 and a fifty-two week high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last released its earnings results on Thursday, April 30th. The credit services provider reported $4.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.41 by $0.19. Mastercard had a net margin of 45.88% and a return on equity of 212.96%. The business had revenue of $8.40 billion during the quarter, compared to analyst estimates of $8.26 billion. During the same quarter in the prior year, the firm earned $3.73 earnings per share. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, research analysts forecast that Mastercard Incorporated will post 19.6 earnings per share for the current fiscal year.

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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