Sei Investments Co. Has $621.37 Million Stock Holdings in Mastercard Incorporated $MA

Key Points

• Sei Investments Co. increased its Mastercard stake by 5.0% in the first quarter, bringing its holdings to 1,243,557 shares valued at about $621.4 million. Mastercard is now its 22nd largest holding and represents about 0.6% of the firm’s portfolio.
• Mastercard reported strong quarterly results, including EPS of $4.60 versus estimates of $4.41 and revenue of $8.40 billion, with revenue up 15.8% year over year. Analysts still see upside, with a consensus rating of Buy and an average price target of $653.92.
• The company recently declared a quarterly dividend of $0.87 per share, payable on August 7, and insiders have also been selling shares in recent transactions. Mastercard stock was down 1.2% in the article, but it remained near a market cap of $469.9 billion.

Sei Investments Co. boosted its stake in Mastercard Incorporated (NYSE:MA - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,243,557 shares of the credit services provider's stock after purchasing an additional 59,110 shares during the period. Mastercard comprises about 0.6% of Sei Investments Co.'s holdings, making the stock its 22nd largest holding. Sei Investments Co. owned about 0.14% of Mastercard worth $621,365,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. raised its holdings in Mastercard by 820.0% in 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 buying an additional 41 shares during the last quarter. Strive Financial Group LLC acquired a new stake in Mastercard during the 4th quarter worth approximately $27,000. Hyposwiss Advisors SA bought a new stake in Mastercard during the 4th quarter worth approximately $29,000. Bay Harbor Wealth Management LLC grew its holdings in Mastercard by 54.1% during the 4th quarter. Bay Harbor Wealth Management LLC now owns 57 shares of the credit services provider's stock worth $33,000 after acquiring an additional 20 shares during the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in Mastercard in the 4th quarter valued at approximately $33,000. Institutional investors own 97.28% of the company's stock.

Trending Headlines about Mastercard

Here are the key news stories impacting Mastercard this week:

• Positive Sentiment: Mastercard and Al Etihad Payments announced the launch of the first Jaywan-Mastercard co-badged credit card, which could expand Mastercard’s acceptance and deepen its presence in the UAE payments ecosystem. Article Title
• Positive Sentiment: Coverage highlighting Mastercard as a strong momentum stock and a top non-AI pick among retail investors may be supporting sentiment around the company’s durable network model and defensive appeal. Article Title
• Neutral Sentiment: Mastercard’s AI-focused commentary from Jill Kramer frames artificial intelligence as a tool for creativity and insight, but it does not appear to be a direct near-term earnings catalyst. Article Title
• Neutral Sentiment: Articles about Mastercard’s patent work, World Cup payment performance, and a potential Vocalink sale suggest ongoing strategic activity, but the market impact is still unclear. Article Title
• Negative Sentiment: Comparisons with Affirm argue that MA has less room to run because Affirm offers faster growth, lower valuation, and higher analyst upside, which may be pressuring Mastercard’s relative appeal. Article Title
• Negative Sentiment: Reports that Mastercard may sell a majority stake in its UK payments subsidiary Vocalink raised questions about strategy and exposure to critical payment infrastructure. Article Title
• Negative Sentiment: Bearish commentary about Mastercard “betting billions” on technology that could disrupt its own business, plus stablecoin competition headlines, highlight growing long-term competitive threats in payments. Article Title

Mastercard Stock Down 1.2%

MA stock opened at $531.82 on Thursday. The stock's 50 day simple moving average is $506.56 and its 200 day simple moving average is $515.08. The company has a market cap of $469.90 billion, a P/E ratio of 30.78, a price-to-earnings-growth ratio of 1.68 and a beta of 0.73. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.98 and a current ratio of 0.98. Mastercard Incorporated has a fifty-two week low of $464.52 and a fifty-two week high of $601.77.

Mastercard (NYSE:MA - Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The credit services provider reported $4.60 EPS for the quarter, beating 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 during the quarter, compared to analysts' expectations of $8.26 billion. During the same quarter last year, the firm posted $3.73 earnings per share. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. On average, research analysts expect that Mastercard Incorporated will post 19.62 earnings per share for the current fiscal year.

Mastercard Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 7th. Shareholders of record on Thursday, July 9th will be given a dividend of $0.87 per share. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $3.48 annualized dividend and a dividend yield of 0.7%. Mastercard's dividend payout ratio (DPR) is currently 20.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on MA shares. Weiss Ratings lowered shares of Mastercard from a "buy (b-)" rating to a "hold (c+)" rating in a report on Friday, April 24th. Barclays initiated coverage on Mastercard in a report on Wednesday, July 8th. They issued an "overweight" rating and a $640.00 price objective for the company. Susquehanna lowered their target price on Mastercard from $670.00 to $665.00 and set a "positive" rating for the company in a research report on Friday, May 1st. Loop Capital reaffirmed a "buy" rating and set a $631.00 target price on shares of Mastercard in a report on Wednesday, June 3rd. Finally, Raymond James Financial set a $609.00 price target on Mastercard in a research report on Friday, May 1st. Eight analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $653.92.

Insiders Place Their Bets

In other news, insider Raj Seshadri sold 1,977 shares of the company's stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $529.73, for a total transaction of $1,047,276.21. Following the transaction, the insider owned 16,429 shares of the company's stock, valued at $8,702,934.17. This represents a 10.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 the business's 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 directly owned 3,322 shares in the company, valued at approximately $1,793,880. This trade represents a 5.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 7,005 shares of company stock worth $3,689,976 over the last quarter. 0.09% of the stock is currently owned by corporate insiders.

About Mastercard

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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