Coppell Advisory Solutions LLC Has $9.51 Million Stock Holdings in Visa Inc. $V

Coppell Advisory Solutions LLC boosted its stake in shares of Visa Inc. (NYSE:V) by 846.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,843 shares of the credit-card processor’s stock after purchasing an additional 24,900 shares during the period. Visa accounts for about 0.8% of Coppell Advisory Solutions LLC’s investment portfolio, making the stock its 16th biggest holding. Coppell Advisory Solutions LLC’s holdings in Visa were worth $9,509,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Keystone Global Partners LLC acquired a new stake in shares of Visa in the first quarter valued at approximately $26,000. von Borstel & Associates Inc. acquired a new stake in shares of Visa in the first quarter valued at approximately $27,000. 1 North Wealth Services LLC acquired a new stake in shares of Visa in the first quarter valued at approximately $38,000. Measured Risk Portfolios Inc. acquired a new stake in shares of Visa in the fourth quarter valued at approximately $47,000. Finally, O Brien Wealth Partners LLC acquired a new stake in shares of Visa in the first quarter valued at approximately $54,000. 82.15% of the stock is owned by institutional investors and hedge funds.

Visa Price Performance

Visa stock opened at $343.02 on Monday. The stock’s fifty day moving average price is $348.51 and its two-hundred day moving average price is $347.19. Visa Inc. has a one year low of $268.23 and a one year high of $375.51. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $628.67 billion, a PE ratio of 33.50, a price-to-earnings-growth ratio of 2.28 and a beta of 0.92.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, July 29th. The credit-card processor reported $2.98 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.13. Visa had a return on equity of 58.93% and a net margin of 52.16%.The firm had revenue of $10.17 billion for the quarter, compared to analyst estimates of $9.82 billion. During the same quarter last year, the company earned $2.42 EPS. The company’s revenue was up 14.3% on a year-over-year basis. As a group, research analysts expect that Visa Inc. will post 11.3 EPS for the current fiscal year.

Visa Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 2nd. Shareholders of record on Tuesday, August 12th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 12th. Visa’s dividend payout ratio (DPR) is currently 23.05%.

Insider Buying and Selling at Visa

In other Visa news, General Counsel Julie B. Rottenberg sold 2,027 shares of the firm’s stock in a transaction on Monday, August 18th. The stock was sold at an average price of $344.02, for a total value of $697,328.54. Following the sale, the general counsel owned 11,925 shares of the company’s stock, valued at approximately $4,102,438.50. This trade represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul D. Fabara sold 11,636 shares of the firm’s stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $375.00, for a total value of $4,363,500.00. Following the completion of the sale, the insider directly owned 26,413 shares in the company, valued at approximately $9,904,875. This represents a 30.58% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,293 shares of company stock valued at $8,114,295. 0.13% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

V has been the subject of a number of recent analyst reports. UBS Group reaffirmed a “buy” rating and issued a $415.00 price objective (up from $405.00) on shares of Visa in a research report on Wednesday, July 30th. Morgan Stanley raised their price objective on Visa from $386.00 to $402.00 and gave the company an “overweight” rating in a research report on Wednesday, July 30th. Macquarie raised their price objective on Visa from $380.00 to $425.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st. Barclays reiterated an “overweight” rating and set a $408.00 target price (up previously from $396.00) on shares of Visa in a research note on Thursday, July 31st. Finally, Citigroup initiated coverage on Visa in a research note on Monday, June 2nd. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $385.96.

Visa Company Profile

Visa Inc operates as a payment technology company in the United States and internationally. The company operates VisaNet, a transaction processing network that enables authorization, clearing, and settlement of payment transactions. It also offers credit, debit, and prepaid card products; tap to pay, tokenization, and click to pay services; Visa Direct, a solution that facilitates the delivery of funds to eligible cards, deposit accounts, and digital wallets; Visa B2B Connect, a multilateral business-to-business cross-border payments network; Visa Cross-Border Solution, a cross-border consumer payments solution; and Visa DPS that provides a range of value-added services, including fraud mitigation, dispute management, data analytics, campaign management, a suite of digital solutions, and contact center services.