Krilogy Financial LLC Purchases 5,814 Shares of Visa Inc. $V

Krilogy Financial LLC lifted its position in shares of Visa Inc. (NYSE:V) by 32.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,619 shares of the credit-card processor’s stock after buying an additional 5,814 shares during the period. Krilogy Financial LLC’s holdings in Visa were worth $7,442,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Clayton Financial Group LLC lifted its stake in Visa by 446.2% in the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after acquiring an additional 58 shares in the last quarter. PayPay Securities Corp grew its stake in shares of Visa by 102.7% during the 4th quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock worth $26,000 after acquiring an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new position in Visa in the fourth quarter valued at $26,000. Parvin Asset Management LLC grew its holdings in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after acquiring an additional 50 shares in the last quarter. Finally, Dorato Capital Management acquired a new stake in shares of Visa in the fourth quarter valued at about $30,000. 82.15% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently issued reports on V shares. Raymond James Financial reiterated an “outperform” rating and set a $389.00 target price on shares of Visa in a report on Wednesday, April 29th. Truist Financial set a $371.00 target price on shares of Visa and gave the stock a “buy” rating in a report on Tuesday, May 12th. Bank of America began coverage on shares of Visa in a research note on Thursday, March 5th. They issued a “buy” rating and a $410.00 price target for the company. Sanford C. Bernstein reissued an “outperform” rating and issued a $450.00 price objective on shares of Visa in a research report on Tuesday, June 2nd. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $400.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Six analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $387.78.

Visa Stock Performance

Shares of NYSE V opened at $332.29 on Thursday. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $596.06 billion, a P/E ratio of 28.95, a P/E/G ratio of 1.75 and a beta of 0.77. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $359.66. The stock has a 50 day moving average of $322.56 and a 200-day moving average of $324.21.

Visa (NYSE:V) last posted its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 earnings per share for the quarter, beating analysts’ consensus estimates of $3.10 by $0.21. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. During the same quarter in the prior year, the business earned $2.76 EPS. The firm’s revenue for the quarter was up 17.1% on a year-over-year basis. As a group, equities research analysts predict that Visa Inc. will post 13.09 EPS for the current year.

Visa Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a $0.67 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio is presently 23.34%.

Visa declared that its Board of Directors has authorized a share buyback program on Tuesday, April 28th that permits the company to buyback $20.00 billion in outstanding shares. This buyback authorization permits the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

Insider Transactions at Visa

In related news, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the transaction, the chief financial officer owned 9,872 shares in the company, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction dated Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,161,284.36. This represents a 67.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.12% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a multi-year partnership with Evo, the fighting game tournament brand, to improve fan experiences and enable seamless global commerce through early 2028, adding another consumer-facing brand relationship. Evo and Visa Announce Multi-Year Partnership to Power a Global Game Community
• Positive Sentiment: Thredd implemented Visa Cloud Connect in Asia-Pacific, a sign that more issuers are using Visa’s cloud-based network infrastructure to support faster, more reliable payment issuing. Thredd Brings Visa Cloud Connect Live in Asia Pacific to Support Faster, More Reliable Issuing Across the Region
• Positive Sentiment: Visa’s AI-driven “Everyday Cashback” launch in the UAE with Mashreq and Rezolve AI highlights continued expansion into value-added services and commerce media, which could deepen merchant and cardholder engagement. Visa (V) Launches AI Driven Everyday Cashback In UAE With Mashreq And Rezolve AI
• Positive Sentiment: Boost Payment Solutions said Visa’s Commercial Enhanced Data Program is generating meaningful interchange savings and transaction growth for customers, suggesting Visa’s commercial payments tools are gaining traction. Thredd Turns to Visa to Advance Cloud-First Strategy in APAC
• Neutral Sentiment: Zacks highlighted Visa as a long-term stock pick, reflecting constructive sentiment but offering no new fundamental catalyst. Why Visa (V) is a Top Stock for the Long-Term
• Negative Sentiment: European lawmakers advanced a digital euro framework aimed at reducing reliance on Visa and Mastercard, which could be a longer-term competitive risk for Visa’s payments network in Europe. EU bets on digital euro to cut US tech addiction

About Visa

Visa Inc is a global payments technology company that facilitates electronic funds transfers and digital commerce by connecting consumers, merchants, financial institutions and governments. The firm operates one of the world’s largest payment networks, providing processing, authorization, clearing and settlement services for credit, debit and prepaid card transactions. Visa’s network-based model enables partner banks and other issuers to offer branded payment products while Visa focuses on the infrastructure, standards and technologies that move money securely and efficiently around the world.

Visa’s product and service portfolio includes card-based payment products for consumers and businesses, real-time push-payment capabilities, tokenization and authentication services, fraud and risk-management tools, data analytics and APIs for fintech and merchant integration.