Arbejdsmarkedets Tillaegspension Makes New Investment in Visa Inc. $V

Arbejdsmarkedets Tillaegspension acquired a new position in shares of Visa Inc. (NYSE:V) in the 4th quarter, Holdings Channel.com reports. The fund acquired 71,237 shares of the credit-card processor’s stock, valued at approximately $24,984,000. Visa comprises approximately 0.6% of Arbejdsmarkedets Tillaegspension’s portfolio, making the stock its 8th biggest position.

Several other large investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of Visa by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 160,975,832 shares of the credit-card processor’s stock worth $56,455,834,000 after acquiring an additional 1,054,343 shares in the last quarter. Capital World Investors increased its position in shares of Visa by 0.8% during the third quarter. Capital World Investors now owns 24,792,246 shares of the credit-card processor’s stock worth $8,463,484,000 after acquiring an additional 193,288 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Visa by 4.2% during the third quarter. Ameriprise Financial Inc. now owns 13,114,674 shares of the credit-card processor’s stock worth $4,475,403,000 after acquiring an additional 530,995 shares in the last quarter. Legal & General Group Plc increased its position in shares of Visa by 3.3% during the third quarter. Legal & General Group Plc now owns 12,458,913 shares of the credit-card processor’s stock worth $4,253,224,000 after acquiring an additional 399,845 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Visa by 12.2% during the third quarter. Invesco Ltd. now owns 11,913,505 shares of the credit-card processor’s stock worth $4,067,032,000 after acquiring an additional 1,298,435 shares in the last quarter. Institutional investors own 82.15% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on V. Bank of America began coverage on shares of Visa in a research report on Thursday, March 5th. They set a “buy” rating and a $410.00 price objective for the company. Evercore set a $350.00 price objective on shares of Visa in a research report on Wednesday, April 29th. Freedom Capital raised shares of Visa from a “hold” rating to a “strong-buy” rating in a research report on Monday, February 16th. BMO Capital Markets initiated coverage on shares of Visa in a research report on Tuesday, April 21st. They set an “outperform” rating and a $365.00 price objective for the company. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $400.00 target price on shares of Visa in a research report on Wednesday, April 29th. Six investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $387.67.

Visa Stock Performance

Shares of NYSE V opened at $322.11 on Friday. The stock has a 50 day moving average price of $311.10 and a 200 day moving average price of $325.89. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $375.51. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $577.80 billion, a PE ratio of 28.06, a price-to-earnings-growth ratio of 1.71 and a beta of 0.78.

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

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be paid a $0.67 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. Visa’s dividend payout ratio (DPR) is currently 23.34%.

Visa announced that its Board of Directors has approved a share repurchase plan on Tuesday, April 28th that permits the company to repurchase $20.00 billion in shares. This repurchase authorization permits the credit-card processor to buy up to 3.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its stock is undervalued.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa expanded its Flexible Credential offering in the U.K. with Zilch and Thredd, letting consumers choose among multiple payment options through one card. That supports Visa’s push into more flexible, digital-first payment experiences and could increase network usage. Visa Flexible Credential Brings More Flexible Ways to Pay to Zilch Cardholders in the UK
• Positive Sentiment: Recent commentary highlighted contactless payments, BNPL adoption, and cross-border growth as favorable long-term trends for payment processors like Visa, reinforcing the bullish industry backdrop. 5 Financial Transaction Stocks to Watch Amid Digital Advancements
• Positive Sentiment: Another report pointed to record U.S. consumer spending as a supportive backdrop for fintech and card networks, which can lift Visa’s transaction volumes and fee revenue. U.S. Consumer Spending Tops $21.86T: 5 Fintech Stocks Under $75
• Positive Sentiment: Visa also teamed with FPT AI Factory and InFlow on an agent-native commerce platform, expanding its role in AI-driven commerce and autonomous payments. FPT AI Factory Partners with InFlow and Visa Intelligent Commerce to Launch an Agent-Native Commerce Platform
• Neutral Sentiment: Visa received additional attention for launching tap-based identity verification with Fidelity Bank Bahamas, a product innovation that supports its payments ecosystem but is not likely to move earnings immediately. Visa launches tap-based identity verification with Fidelity Bank Bahamas
• Negative Sentiment: Visa CFO Chris Suh sold 10,639 shares, cutting his direct stake by more than half. Insider selling can weigh on sentiment even if it does not change the company’s fundamentals. SEC Form 4 filing

Insider Buying and Selling at Visa

In other Visa news, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total value of $10,699,103.70. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at $5,161,284.36. This trade represents a 67.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Lloyd Carney sold 650 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total transaction of $201,253.00. Following the completion of the sale, the director owned 2,679 shares of the company’s stock, valued at approximately $829,471.98. This represents a 19.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 42,744 shares of company stock worth $14,356,010 over the last quarter. 0.12% of the stock is currently owned by insiders.

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.