Sfm LLC Has $1.89 Million Position in Visa Inc. $V

Sfm LLC lessened its position in Visa Inc. (NYSE:V) by 23.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,509 shares of the credit-card processor’s stock after selling 1,712 shares during the period. Visa makes up about 1.0% of Sfm LLC’s investment portfolio, making the stock its 28th biggest holding. Sfm LLC’s holdings in Visa were worth $1,890,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of V. Planned Solutions Inc. grew its holdings in shares of Visa by 2.0% in the 4th quarter. Planned Solutions Inc. now owns 1,598 shares of the credit-card processor’s stock valued at $560,000 after buying an additional 31 shares during the period. Frederick Financial Consultants LLC raised its stake in Visa by 2.0% during the 4th quarter. Frederick Financial Consultants LLC now owns 1,598 shares of the credit-card processor’s stock worth $560,000 after buying an additional 31 shares during the period. Kuhn & Co Investment Counsel raised its stake in Visa by 0.5% during the 4th quarter. Kuhn & Co Investment Counsel now owns 6,096 shares of the credit-card processor’s stock worth $2,138,000 after buying an additional 32 shares during the period. Strategic Investment Solutions Inc. IL lifted its holdings in Visa by 20.9% during the fourth quarter. Strategic Investment Solutions Inc. IL now owns 185 shares of the credit-card processor’s stock worth $65,000 after acquiring an additional 32 shares in the last quarter. Finally, Spectrum Planning & Advisory Services Inc. lifted its holdings in Visa by 1.7% during the first quarter. Spectrum Planning & Advisory Services Inc. now owns 1,896 shares of the credit-card processor’s stock worth $573,000 after acquiring an additional 32 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

V has been the subject of a number of research analyst reports. Evercore set a $350.00 target price on Visa in a research note on Wednesday, April 29th. Royal Bank Of Canada reiterated an “outperform” rating and set a $412.00 price objective (up from $395.00) on shares of Visa in a report on Wednesday, July 29th. JPMorgan Chase & Co. lifted their price objective on Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Morgan Stanley reiterated an “overweight” rating and issued a $416.00 price objective on shares of Visa in a research report on Wednesday, July 29th. Finally, Wolfe Research reissued an “outperform” rating and set a $435.00 target price (up from $430.00) on shares of Visa in a research note on Wednesday, July 29th. Seven investment analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company. According to data from MarketBeat.com, Visa presently has a consensus rating of “Buy” and an average price target of $413.58.

Insider Transactions at Visa

In related news, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $340.25, for a total value of $7,135,042.50. Following the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,162,953.50. This trade represents a 58.02% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tullier Kelly Mahon sold 57,272 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the sale, the insider owned 49,662 shares in the company, valued at $18,125,140.14. The trade was a 53.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 101,398 shares of company stock valued at $35,831,433 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Stablecoin capabilities move into production: Visa is integrating stablecoin payouts and prefunding into Visa Direct through a partnership with Zero Hash. The infrastructure is designed to reach more than 18 billion eligible card, account and wallet endpoints across 195 countries and territories, strengthening Visa’s position as a settlement network for digital assets. Visa Puts Stablecoins Into Its Cross-Border Payout Rail
• Positive Sentiment: Western Union expands Visa-based stablecoin usage: Western Union launched Stablecard across 37 markets, allowing customers to hold, transfer and spend a U.S. dollar-backed stablecoin anywhere Visa is accepted. The rollout could increase transaction volume and reinforce Visa’s relevance in remittances and emerging markets. Western Union brings stablecoin remittances to Visa network
• Positive Sentiment: Fraud-prevention expansion: Visa agreed to acquire AI-powered fraud-intelligence company BioCatch for $2.4 billion in cash. The deal should broaden Visa’s cybersecurity products and help protect banks, merchants and consumers as scams increasingly use artificial intelligence. Visa Is Buying BioCatch To Take On AI Driven Payments Fraud
• Neutral Sentiment: Underlying business momentum remains solid: Visa’s latest reported quarter showed revenue of $11.63 billion, up 14.4% year over year, while adjusted earnings exceeded analyst expectations. Visa also reported increased spending in Canadian FIFA World Cup host cities, illustrating the benefit of major events to payment activity.
• Negative Sentiment: Large-scale layoffs raise restructuring concerns: Visa is reportedly eliminating approximately 2,600 jobs, including positions in California and among senior employees. The cuts may improve efficiency over time, but they can also signal cost pressure and generate restructuring expenses or disruption. Visa Cuts 2,600 Jobs
• Negative Sentiment: Investment and margin risks persist: Analysts continue to flag rising technology costs and consumer-spending pressures. Visa is also committing substantial capital to BioCatch and stablecoin infrastructure, increasing execution risk even as these initiatives target long-term growth.

Visa Trading Down 0.4%

V opened at $368.26 on Thursday. The stock has a market capitalization of $660.58 billion, a P/E ratio of 31.31, a P/E/G ratio of 1.98 and a beta of 0.74. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $373.97. The firm’s fifty day simple moving average is $343.51 and its 200 day simple moving average is $326.50.

Visa (NYSE:V) last released its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.09. Visa had a return on equity of 67.68% and a net margin of 50.78%.The firm had revenue of $11.63 billion during the quarter, compared to analysts’ expectations of $11.40 billion. During the same quarter in the prior year, the company earned $2.98 EPS. The company’s revenue was up 14.4% on a year-over-year basis. As a group, research analysts anticipate that Visa Inc. will post 13.13 EPS for the current fiscal year.

Visa Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be issued a dividend of $0.67 per share. The ex-dividend date is Tuesday, August 11th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio (DPR) is presently 22.79%.

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

Visa Company Profile

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.