26,707 Visa Inc. $V Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its stake in Visa Inc. (NYSE:V) by 8.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 327,905 shares of the credit-card processor’s stock after buying an additional 26,707 shares during the quarter. Kestra Advisory Services LLC’s holdings in Visa were worth $117,826,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in V. XXEC Inc. raised its position in Visa by 153,118.8% during the second quarter. XXEC Inc. now owns 186,260,448 shares of the credit-card processor’s stock worth $63,904,097,000 after acquiring an additional 186,138,883 shares in the last quarter. Jupiter Topco LLC acquired a new stake in Visa in the second quarter valued at $1,435,262,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Visa by 13.0% in the 2nd 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 acquiring an additional 1,808,496 shares during the period. Janus Henderson Group PLC grew its position in shares of Visa by 33.1% in the 1st 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 acquiring an additional 1,116,498 shares during the period. Finally, Amundi grew its position in shares of Visa by 16.5% in the 2nd quarter. Amundi now owns 7,714,919 shares of the credit-card processor’s stock valued at $2,646,911,000 after acquiring an additional 1,092,315 shares during the period. 82.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on V shares. Argus upped their target price on shares of Visa from $396.00 to $420.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings cut Visa from a “buy (b+)” rating to a “buy (b)” rating in a report on Wednesday, October 28th. President Capital boosted their price target on Visa from $411.00 to $474.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Robert W. Baird boosted 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. Finally, Raymond James Financial restated an “outperform” rating and issued a $445.00 price objective on shares of Visa in a research note on Wednesday, October 28th. Two equities research analysts have rated the stock with a Strong Buy rating and thirty-five have assigned a Buy rating to the company. According to data from MarketBeat, Visa has an average rating of “Buy” and a consensus price target of $440.82.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa reported record fourth-quarter and full-year results, with adjusted earnings up 17% year over year, and raised its quarterly dividend by more than 16% to $0.78. The results and higher payout signal continued business growth and management confidence. Article: Visa Reports Record Earnings and Dividend Hike
• Positive Sentiment: Truist raised its price target to $470 and maintained a Buy rating, adding to positive analyst sentiment. Article: Truist Raises Visa Price Target
• Positive Sentiment: Visa announced six technology hubs in Singapore focused on areas including AI, cybersecurity and next-generation payments, and its Featurespace fraud tools were adopted across Verifone gateways. These initiatives could strengthen Visa’s technology offering and create growth opportunities. Article: Visa Establishes Global Capability Hubs in Singapore Article: Verifone Adds Visa-Powered Fraud Screening
• Neutral Sentiment: Visa launched a benchmark for AI shopping tools; nearly half of test runs failed. The project positions Visa in emerging commerce technology, though the results also highlight that AI shopping remains challenging. Article: Visa Releases AI Shopping Benchmark
• Negative Sentiment: U.S. stocks fell sharply in a broad market downturn, likely adding pressure to Visa shares. Separately, commentary flagged rising client incentives and a premium valuation as risks after the stock’s recent run-up. Article: Hard Day on Wall Street Article: Visa’s Solid Q4 Masks Rising Incentives
• Negative Sentiment: Visa’s CEO sold shares under a pre-arranged trading plan. The planned nature of the sale makes it a less definitive signal, but insider selling may add to near-term investor caution. Article: Visa Insider Trades

Visa Trading Down 3.3%

V stock opened at $422.35 on Friday. Visa Inc. has a one year low of $293.89 and a one year high of $442.23. The stock has a market cap of $753.65 billion, a price-to-earnings ratio of 34.25, a price-to-earnings-growth ratio of 1.86 and a beta of 0.80. The company has a fifty day moving average price of $384.99 and a two-hundred day moving average price of $344.21. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99.

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, beating the consensus estimate of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. Visa had a net margin of 51.20% and a return on equity of 70.50%. The company’s revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.98 earnings per share. Equities analysts anticipate that Visa Inc. will post 15.02 EPS for the current year.

Visa Increases Dividend

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

Insider Transactions at Visa

In other Visa news, CEO Ryan Mcinerney sold 5,875 shares of the stock in a transaction dated 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 transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,582,059.38. This represents a 27.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie Rottenberg sold 2,028 shares of the stock in a transaction dated Monday, August 31st. The shares were 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 directly owned 18,404 shares in the company, valued at approximately $7,018,365.40. This represents a 9.93% 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. In the last quarter, insiders sold 27,395 shares of company stock worth $10,406,050. 0.12% of the stock is owned by company insiders.

Visa Company Profile

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.