Vest Financial LLC grew its stake in shares of Visa Inc. (NYSE:V – Free Report) by 7.5% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 160,568 shares of the credit-card processor’s stock after purchasing an additional 11,237 shares during the quarter. Vest Financial LLC’s holdings in Visa were worth $54,815,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new position in shares of Visa in the second quarter worth $29,000. Sagard Holdings Management Inc. acquired a new position in shares of Visa in the 2nd quarter valued at $31,000. Cranbrook Wealth Management LLC raised its stake in Visa by 82.0% in the 2nd quarter. Cranbrook Wealth Management LLC now owns 91 shares of the credit-card processor’s stock worth $32,000 after acquiring an additional 41 shares during the last quarter. Bare Financial Services Inc lifted its position in Visa by 287.0% during the 2nd quarter. Bare Financial Services Inc now owns 89 shares of the credit-card processor’s stock worth $32,000 after acquiring an additional 66 shares during the period. Finally, Hoese & Co LLP purchased a new stake in Visa during the 2nd quarter valued at about $36,000. 82.15% of the stock is currently owned by institutional investors and hedge funds.
Visa Stock Down 0.0%
V stock opened at $325.71 on Thursday. Visa Inc. has a one year low of $299.00 and a one year high of $375.51. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s fifty day moving average is $338.77 and its 200 day moving average is $342.83. The firm has a market cap of $593.36 billion, a PE ratio of 31.90, a P/E/G ratio of 1.92 and a beta of 0.81.
Visa Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Shareholders of record on Wednesday, November 12th were issued a $0.67 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This is an increase from Visa’s previous quarterly dividend of $0.59. This represents a $2.68 annualized dividend and a yield of 0.8%. Visa’s dividend payout ratio is 26.25%.
Insider Activity
In other Visa news, Director Lloyd Carney sold 900 shares of the company’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $336.48, for a total transaction of $302,832.00. Following the completion of the transaction, the director directly owned 2,468 shares in the company, valued at approximately $830,432.64. This represents a 26.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ryan Mcinerney sold 10,485 shares of the stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $349.18, for a total transaction of $3,661,152.30. Following the transaction, the chief executive officer directly owned 9,401 shares in the company, valued at approximately $3,282,641.18. The trade was a 52.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,042 shares of company stock worth $8,247,289 over the last three months. 0.12% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
Several research analysts have recently issued reports on V shares. Truist Financial set a $374.00 price objective on Visa in a research note on Tuesday. Wells Fargo & Company raised shares of Visa to a “strong-buy” rating in a research report on Wednesday, October 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Visa in a report on Wednesday, October 8th. Citigroup raised shares of Visa to a “strong-buy” rating in a report on Thursday, October 23rd. Finally, Hsbc Global Res raised shares of Visa from a “hold” rating to a “strong-buy” rating in a report on Monday, December 8th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Visa has an average rating of “Buy” and a consensus price target of $401.52.
Read Our Latest Research Report on Visa
Trending Headlines about Visa
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa announced a U.K. partnership with Acquired.com to roll out Visa A2A (account‑to‑account) for recurring and variable payments — expands product set into faster, lower‑cost account‑based rails that can win issuer/merchant adoption and support volume growth. Visa Launches A2A Payments Partnership With Acquired.com
- Positive Sentiment: TreviPay launched a “Pay by Invoice” tool enabled by Visa credentials for issuers, a push into B2B payments that targets a large addressable market and recurring revenue opportunities from commercial flows. TreviPay Teams With Visa to Offer Banks Pay by Invoice Tool
- Neutral Sentiment: Analyst coverage highlights Visa’s scale, stronger margins and comparatively lower valuation versus Mastercard, supporting the bull case on long‑term earnings and cash generation but not removing near‑term macro/regulatory risk. Visa vs. Mastercard: Which Payments Giant Looks More Attractive Now?
- Neutral Sentiment: Coverage pieces note Visa is a trending stock and reiterate basic fundamentals (high margins, strong ROE) — useful context for investors but not a driver of immediate price moves. Visa Inc. (V) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Industry commentary from Visa on authorization and trust underscores the company’s focus on security/authorization experience as a retention lever — strategic, longer‑term support for transaction volumes. Visa on How Trust Is Built at the Moment of Authorization
- Negative Sentiment: President Trump pressed Congress to enact a 10% cap on credit‑card interest rates; that regulatory threat has triggered investor concern about lower interchange and card‑lending economics for networks and issuers, putting near‑term pressure on Visa shares. Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
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.
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Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).
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