Savant Capital LLC Has $11.04 Million Position in Mastercard Incorporated $MA

Key Points

• Savant Capital LLC cut its Mastercard stake by 19.9% in the fourth quarter, selling 4,796 shares and leaving it with 19,334 shares worth about $11.04 million.
• Institutional ownership remains very high, with the article noting that 97.28% of Mastercard shares are held by institutional investors overall.
• Analysts are still mostly positive on Mastercard: the stock carries an average “Buy” rating and an average price target of $656.04, even though some firms recently trimmed targets or downgraded the stock.

Savant Capital LLC lowered its holdings in Mastercard Incorporated (NYSE:MA - Free Report) by 19.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,334 shares of the credit services provider's stock after selling 4,796 shares during the quarter. Savant Capital LLC's holdings in Mastercard were worth $11,037,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of MA. E Fund Management Hong Kong Co. Ltd. lifted 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 acquiring an additional 41 shares in the last quarter. Tacita Capital Inc grew its holdings in shares of Mastercard by 50.0% during the third quarter. Tacita Capital Inc now owns 57 shares of the credit services provider's stock worth $32,000 after purchasing an additional 19 shares in the last quarter. Foster Dykema Cabot & Partners LLC grew its holdings in shares of Mastercard by 250.0% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 56 shares of the credit services provider's stock worth $32,000 after purchasing an additional 40 shares in the last quarter. 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 worth $33,000 after purchasing an additional 20 shares in the last quarter. Finally, Birchbrook Inc. purchased a new position in shares of Mastercard during the fourth quarter worth about $37,000. 97.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

MA has been the subject of a number of recent research reports. Raymond James Financial set a $609.00 target price on Mastercard in a research report on Friday, May 1st. Weiss Ratings downgraded Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, April 24th. Evercore restated a "negative" rating on shares of Mastercard in a report on Tuesday, March 17th. Citigroup reduced their price target on Mastercard from $735.00 to $675.00 and set a "buy" rating on the stock in a research note on Tuesday, April 14th. Finally, Susquehanna reduced their price target on Mastercard from $670.00 to $665.00 and set a "positive" rating on the stock in a research note on Friday, May 1st. Six research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $656.04.

Mastercard News Roundup

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard’s BitLicense approval strengthens its ability to build regulated digital asset, stablecoin, and blockchain-based payment infrastructure, which investors may see as a long-term growth opportunity. Mastercard BitLicense Approval Opens New Chapter In Digital Assets And Valuation
• Positive Sentiment: Coverage suggesting Mastercard is well positioned in the stablecoin battle, alongside peers like SoFi, Block, and Robinhood, highlights the company’s relevance in a fast-growing payments trend. How Mastercard, SoFi, Block are heating up the stablecoin battle
• Positive Sentiment: Analysts remain upbeat on Mastercard despite recent relative underperformance versus fintech peers, suggesting Wall Street still sees upside in the stock’s fundamentals and franchise strength. How Is Mastercard's Stock Performance Compared to Other FinTech Stocks?
• Neutral Sentiment: Recent valuation-focused commentary notes Mastercard has pulled back from recent highs and trades at a premium multiple, which may keep some investors cautious even as the long-term outlook remains constructive. Mastercard (MA) Valuation Check After Recent Pullback And Premium P/E Multiple
• Neutral Sentiment: Mastercard also announced upcoming investor conference appearances, which is routine corporate communication rather than a major operating update. Mastercard to Participate in Upcoming Investor Conferences

Mastercard Trading Up 0.1%

NYSE MA opened at $494.45 on Friday. Mastercard Incorporated has a 12 month low of $480.50 and a 12 month high of $601.77. The stock has a market cap of $436.89 billion, a P/E ratio of 28.61, a P/E/G ratio of 1.54 and a beta of 0.76. The stock's fifty day moving average price is $501.23 and its 200-day moving average price is $527.57. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 2.56.

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

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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