Mastercard Incorporated $MA Stock Purchased by Danske Bank A S

Danske Bank A S boosted its position in shares of Mastercard Incorporated (NYSE:MA - Free Report) by 44.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 720,064 shares of the credit services provider's stock after buying an additional 221,955 shares during the period. Mastercard makes up about 0.8% of Danske Bank A S's portfolio, making the stock its 18th biggest holding. Danske Bank A S owned about 0.08% of Mastercard worth $397,094,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Fundsmith LLP bought a new position in shares of Mastercard during the 2nd quarter valued at approximately $639,458,000. Corient Private Wealth LP increased its position in Mastercard by 147.2% in the second quarter. Corient Private Wealth LP now owns 1,682,183 shares of the credit services provider's stock worth $863,969,000 after purchasing an additional 1,001,671 shares during the last quarter. Assenagon Asset Management S.A. increased its position in Mastercard by 295.8% in the second quarter. Assenagon Asset Management S.A. now owns 860,011 shares of the credit services provider's stock worth $441,702,000 after purchasing an additional 642,724 shares during the last quarter. Sanders Capital LLC raised its stake in Mastercard by 26.2% during the third quarter. Sanders Capital LLC now owns 2,941,951 shares of the credit services provider's stock valued at $1,622,398,000 after purchasing an additional 611,592 shares in the last quarter. Finally, SEB Asset Management AB purchased a new stake in Mastercard during the first quarter valued at $293,574,000. Hedge funds and other institutional investors own 97.28% of the company's stock.

Key Headlines Impacting Mastercard

Investors following MA have been watching these headlines:

• Positive Sentiment: Zacks Research raised its EPS estimates across multiple periods, including FY2027 to $22.98 from $22.34 and FY2028 to $26.45 from $25.74. The broad upward revisions suggest improving expectations for earnings growth. Mastercard analyst estimates
• Positive Sentiment: A partnership with Sage will bring Mastercard debit-card capabilities into accounting software for small businesses in France, potentially widening its reach in business payments. Mastercard valuation and Sage partnership
• Neutral Sentiment: Coverage also cites favorable analyst views of Mastercard, but the articles provide limited detail on new price targets or near-term earnings impact. With no major downside catalyst in the supplied reports, the recent news flow appears modestly supportive rather than a clear standalone driver of the shares.

Insider Buying and Selling

In other Mastercard news, Director Julius Genachowski sold 370 shares of the firm's stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $590.21, for a total value of $218,377.70. Following the completion of the sale, the director owned 8,237 shares of the company's stock, valued at $4,861,559.77. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Ling Hai sold 4,317 shares of the firm's stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $641.00, for a total transaction of $2,767,197.00. Following the completion of the sale, the chief financial officer directly owned 35,750 shares of the company's stock, valued at approximately $22,915,750. The trade was a 10.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 25,403 shares of company stock valued at $15,428,736 in the last ninety days. 0.09% of the stock is owned by company insiders.

Mastercard Trading Up 1.3%

MA stock traded up $8.53 during mid-day trading on Friday, reaching $661.13. 1,936,242 shares of the stock traded hands, compared to its average volume of 3,351,180. Mastercard Incorporated has a one year low of $464.52 and a one year high of $681.99. The stock has a market capitalization of $575.97 billion, a PE ratio of 34.58, a PEG ratio of 1.84 and a beta of 0.78. The company has a debt-to-equity ratio of 3.29, a quick ratio of 1.01 and a current ratio of 1.01. The business has a 50-day moving average price of $600.12 and a two-hundred day moving average price of $542.40.

Mastercard (NYSE:MA - Get Free Report) last released its earnings results on Thursday, October 29th. The credit services provider reported $5.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.17 by $0.14. Mastercard had a net margin of 46.73% and a return on equity of 260.86%. The firm had revenue of $9.81 billion during the quarter, compared to analyst estimates of $9.66 billion. During the same quarter last year, the business earned $4.38 EPS. The business's revenue was up 14.0% on a year-over-year basis. Equities research analysts expect that Mastercard Incorporated will post 20.01 EPS for the current year.

Mastercard Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 9th. Investors of record on Friday, October 9th were given a $0.87 dividend. This represents a $3.48 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Friday, October 9th. Mastercard's dividend payout ratio is 18.20%.

Wall Street Analysts Forecast Growth

MA has been the subject of several research reports. Royal Bank Of Canada increased their price objective on shares of Mastercard from $696.00 to $742.00 and gave the company an "outperform" rating in a research report on Friday, October 30th. Evercore boosted their target price on shares of Mastercard from $550.00 to $620.00 in a report on Friday, July 31st. Wolfe Research upped their target price on shares of Mastercard from $680.00 to $740.00 and gave the company an "outperform" rating in a research report on Tuesday, August 25th. KeyCorp increased their price target on shares of Mastercard from $722.00 to $735.00 and gave the company an "overweight" rating in a report on Friday, October 30th. Finally, Daiwa Securities Group increased their price target on shares of Mastercard from $580.00 to $650.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Mastercard has an average rating of "Moderate Buy" and an average price target of $713.21.

Mastercard Company Profile

Mastercard Incorporated is a global payments technology company that operates a network connecting consumers, merchants, financial institutions, businesses and governments. Its network supports electronic payments, including transactions made with Mastercard-branded credit, debit and prepaid cards, as well as digital payment methods. The company provides technology for authorizing, clearing and settling transactions. It also offers services related to cybersecurity, identity verification, data analytics, fraud prevention and payment consulting.

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