Visa Inc. $V Stock: Virtue Capital Management LLC Trims Position

Virtue Capital Management LLC reduced its holdings in shares of Visa Inc. (NYSE:V) by 42.6% in the third quarter, Holdings Channel.com reports. The fund owned 3,200 shares of the credit-card processor’s stock after selling 2,371 shares during the quarter. Virtue Capital Management LLC’s holdings in Visa were worth $1,150,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of V. XXEC Inc. increased its stake in Visa by 153,118.8% in the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after purchasing an additional 186,138,883 shares during the period. Jupiter Topco LLC purchased a new stake in shares of Visa during the second quarter valued at $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Visa by 13.0% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,720,068 shares of the credit-card processor’s stock valued at $5,393,398,000 after purchasing an additional 1,808,496 shares during the period. Janus Henderson Group PLC boosted its stake in shares of Visa by 33.1% during the first quarter. Janus Henderson Group PLC now owns 4,486,927 shares of the credit-card processor’s stock valued at $1,356,090,000 after purchasing an additional 1,116,498 shares during the period. Finally, Amundi grew its holdings in shares of Visa by 16.5% in the second quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock worth $2,646,911,000 after purchasing an additional 1,092,315 shares during the last quarter. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Analyst Ratings Changes

V has been the subject of several research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $430.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Oppenheimer lifted their target price on Visa from $403.00 to $440.00 and gave the company an “outperform” rating in a research report on Wednesday, October 28th. Barclays upped their target price on Visa from $420.00 to $440.00 and gave the stock an “overweight” rating in a report on Wednesday, October 28th. Bank of America upped their target price on Visa from $410.00 to $430.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Robert W. Baird increased their price target on Visa from $420.00 to $430.00 and gave the stock an “outperform” rating in a research report on Monday, October 12th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $440.03.

Visa Stock Up 2.9%

Shares of NYSE V opened at $425.60 on Tuesday. Visa Inc. has a 12-month low of $293.89 and a 12-month high of $426.78. The stock’s fifty day simple moving average is $382.40 and its two-hundred day simple moving average is $342.74. The stock has a market capitalization of $759.45 billion, a PE ratio of 34.52, a price-to-earnings-growth ratio of 1.88 and a beta of 0.77. The company has a current ratio of 0.97, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54.

Visa (NYSE:V) last issued its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. Visa had a return on equity of 70.50% and a net margin of 51.20%. The firm had revenue of $12.14 billion during the quarter, compared to analysts’ expectations of $12.09 billion. During the same period in the prior year, the business posted $2.98 EPS. The firm’s quarterly revenue was up 13.2% on a year-over-year basis. As a group, analysts expect that Visa Inc. will post 15.03 EPS for the current fiscal year.

Visa Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Tuesday, November 10th will be paid a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 0.7%. This is a positive change from Visa’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, November 10th. Visa’s payout ratio is 21.74%.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Higher analyst target: Cantor Fitzgerald maintained an Overweight rating and raised its price target to $500, citing Visa’s strong fundamentals while highlighting the importance of monitoring its payments mix. Visa Stocks Rise 2.4% With Higher Cantor Target Facing a Payments-Mix Test
• Positive Sentiment: Zacks upgraded Visa to Rank #2, or Buy, reflecting growing confidence in its earnings prospects. The upgrade may encourage additional buying and supports the broader analyst-positive narrative. Visa Upgraded to Buy
• Positive Sentiment: Stablecoin adoption is expanding: Visa reported a surge in stablecoin use for business payments, offering a potential long-term growth avenue and reinforcing its role in emerging payment technologies. Visa Reports Surge in Stablecoin Use for Business Payments
• Positive Sentiment: Credit trends remain supportive: Recent big-bank results suggest consumers are managing credit-card debt relatively well, reducing concern that credit deterioration will hurt payment volumes. What the Big Banks’ Third-Quarter Reports Say About Credit Card Borrowers
• Neutral Sentiment: Visa is receiving substantial investor attention, while analysts are publishing updated expectations for its upcoming quarterly results. This may increase trading interest but does not itself change the company’s fundamentals. Investors Heavily Search Visa
• Negative Sentiment: Industry risks remain: Visa and other payment networks face higher technology costs and inflation pressure. Investors are also watching whether shifts in the payments mix and competition from alternative payment methods could constrain growth. Zacks Industry Outlook Highlights Visa and Payments Companies

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $358.81, for a total value of $2,108,008.75. Following the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. The trade was a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 1,867 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total value of $687,690.78. Following the transaction, the general counsel directly owned 18,404 shares in the company, valued at approximately $6,778,929.36. The trade was a 9.21% decrease in their ownership of the stock. 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. Over the last 90 days, insiders sold 21,520 shares of company stock valued at $7,960,757. 0.12% of the stock is owned by insiders.

About Visa

Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.

Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.