Mastercard (NYSE:MA) Shares Unloaded Rep. Robert Bresnahan, Jr.

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Mastercard Incorporated (NYSE:MA). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Mastercard stock on January 13th. The trade occurred in the Representative’s “JOINT OWNERSHIP LPL ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Lowe’s Companies (NYSE:LOW) on 2/7/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 2/3/2025.
• Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 2/3/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of Manhattan Associates (NASDAQ:MANH) on 1/29/2025.
• Sold $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 1/29/2025.

Mastercard Stock Down 0.3 %

Shares of MA stock opened at $564.77 on Friday. Mastercard Incorporated has a 1 year low of $428.86 and a 1 year high of $576.94. The stock has a market cap of $518.36 billion, a PE ratio of 40.66, a price-to-earnings-growth ratio of 2.37 and a beta of 1.10. The business’s fifty day moving average is $534.76 and its 200-day moving average is $508.68. The company has a debt-to-equity ratio of 2.68, a quick ratio of 1.29 and a current ratio of 1.03.

Mastercard (NYSE:MA) last issued its earnings results on Thursday, January 30th. The credit services provider reported $3.82 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.71 by $0.11. Mastercard had a return on equity of 188.47% and a net margin of 45.71%. Equities analysts expect that Mastercard Incorporated will post 15.98 earnings per share for the current fiscal year.

Mastercard declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, December 17th that permits the company to buyback $12.00 billion in outstanding shares. This buyback authorization permits the credit services provider to purchase up to 2.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its shares are undervalued.

Mastercard Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 9th. Investors of record on Wednesday, April 9th will be given a $0.76 dividend. This represents a $3.04 annualized dividend and a yield of 0.54%. The ex-dividend date is Wednesday, April 9th. Mastercard’s dividend payout ratio is currently 21.89%.

Analyst Ratings Changes

Several brokerages have recently commented on MA. Keefe, Bruyette & Woods raised their target price on Mastercard from $618.00 to $665.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Wells Fargo & Company upped their price target on Mastercard from $585.00 to $625.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 4th. KeyCorp boosted their price objective on Mastercard from $600.00 to $630.00 and gave the stock an “overweight” rating in a research report on Friday, January 31st. Susquehanna boosted their price objective on Mastercard from $605.00 to $670.00 and gave the stock a “positive” rating in a research report on Friday, January 31st. Finally, Tigress Financial boosted their price objective on Mastercard from $550.00 to $685.00 and gave the stock a “strong-buy” rating in a research report on Thursday. Four investment analysts have rated the stock with a hold rating, twenty-four have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $606.11.

Hedge Funds Weigh In On Mastercard

Hedge funds have recently modified their holdings of the stock. Gallagher Fiduciary Advisors LLC grew its position in Mastercard by 16.1% during the 4th quarter. Gallagher Fiduciary Advisors LLC now owns 1,411 shares of the credit services provider’s stock worth $743,000 after acquiring an additional 196 shares during the last quarter. Pennington Partners & CO. LLC bought a new position in Mastercard in the 4th quarter valued at $494,000. Cypress Advisory Group LLC bought a new position in Mastercard in the 4th quarter valued at $1,147,000. Itau Unibanco Holding S.A. boosted its position in Mastercard by 338.8% in the 4th quarter. Itau Unibanco Holding S.A. now owns 860 shares of the credit services provider’s stock valued at $453,000 after buying an additional 664 shares during the last quarter. Finally, Keel Point LLC boosted its position in Mastercard by 8.7% in the 4th quarter. Keel Point LLC now owns 4,492 shares of the credit services provider’s stock valued at $2,365,000 after buying an additional 359 shares during the last quarter. 97.28% of the stock is owned by institutional investors and hedge funds.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Mastercard Company Profile

Mastercard Incorporated, a technology company, provides transaction processing and other payment-related products and services in the United States and internationally. The company offers integrated products and value-added services for account holders, merchants, financial institutions, digital partners, businesses, governments, and other organizations, such as programs that enable issuers to provide consumers with credits to defer payments; payment products and solutions that allow its customers to access funds in deposit and other accounts; prepaid programs services; and commercial credit, debit, and prepaid payment products and solutions.