TSG Advice Partners LLC Makes New Investment in Visa Inc. $V

TSG Advice Partners LLC acquired a new position in Visa Inc. (NYSE:V) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,254 shares of the credit-card processor’s stock, valued at approximately $2,832,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in V. One Way Holdings LLC increased its holdings in shares of Visa by 6.9% during the third quarter. One Way Holdings LLC now owns 66,466 shares of the credit-card processor’s stock valued at $23,883,000 after acquiring an additional 4,265 shares in the last quarter. CKW Financial Group raised its position in shares of Visa by 50.0% in the 3rd quarter. CKW Financial Group now owns 168 shares of the credit-card processor’s stock valued at $60,000 after purchasing an additional 56 shares during the last quarter. Woodmont Investment Counsel LLC boosted its stake in Visa by 7.5% in the 3rd quarter. Woodmont Investment Counsel LLC now owns 6,533 shares of the credit-card processor’s stock worth $2,348,000 after purchasing an additional 455 shares in the last quarter. Traynor Capital Management Inc. boosted its stake in Visa by 2.4% in the 3rd quarter. Traynor Capital Management Inc. now owns 54,189 shares of the credit-card processor’s stock worth $19,472,000 after purchasing an additional 1,257 shares in the last quarter. Finally, Boit C F David boosted its stake in Visa by 0.3% in the 3rd quarter. Boit C F David now owns 26,710 shares of the credit-card processor’s stock worth $9,598,000 after purchasing an additional 80 shares in the last quarter. 82.15% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on V shares. DZ Bank restated a “buy” rating on shares of Visa in a research note on Monday, August 3rd. Susquehanna set a $480.00 price target on shares of Visa and gave the stock a “positive” rating in a report on Monday, October 26th. Barclays lifted their price objective on shares of Visa from $420.00 to $440.00 and gave the stock an “overweight” rating in a research note on Wednesday, October 28th. Rothschild & Co Redburn boosted their price objective on shares of Visa from $430.00 to $444.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, The Goldman Sachs Group upped their target price on Visa from $420.00 to $438.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $440.03.

Insiders Place Their Bets

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction on Friday, August 21st. The shares were sold at an average price of $367.87, for a total value of $2,161,236.25. Following the completion of the transaction, the chief executive officer owned 15,174 shares of the company’s stock, valued at approximately $5,582,059.38. The trade was a 27.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $381.35, for a total transaction of $773,377.80. Following the completion of the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at approximately $7,018,365.40. This trade represents a 9.93% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 21,520 shares of company stock valued at $7,960,757 in the last ninety days. 0.12% of the stock is owned by corporate insiders.

Visa Trading Up 2.9%

Shares of NYSE:V opened at $425.60 on Tuesday. 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 Inc. has a 12-month low of $293.89 and a 12-month high of $426.78. The business has a 50 day moving average of $382.40 and a two-hundred day moving average of $342.74. The company has a market capitalization of $759.45 billion, a PE ratio of 34.52, a PEG ratio of 1.88 and a beta of 0.77.

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

Visa Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Investors of record on Tuesday, November 10th will be given a dividend of $0.78 per share. This is a boost from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 annualized dividend and a yield of 0.7%. The ex-dividend date is Tuesday, November 10th. Visa’s dividend payout ratio (DPR) is 21.74%.

Key Stories Impacting Visa

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

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.