Owlhouse Capital LP Has $7.04 Million Stake in Visa Inc. $V

Owlhouse Capital LP raised its position in Visa Inc. (NYSE:V) by 44.9% during the 1st quarter, Holdings Channel.com reports. The firm owned 23,302 shares of the credit-card processor’s stock after acquiring an additional 7,222 shares during the quarter. Visa accounts for about 9.4% of Owlhouse Capital LP’s investment portfolio, making the stock its biggest position. Owlhouse Capital LP’s holdings in Visa were worth $7,043,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Gateway Wealth Partners LLC lifted its position in Visa by 168.1% in the first quarter. Gateway Wealth Partners LLC now owns 8,470 shares of the credit-card processor’s stock worth $2,560,000 after purchasing an additional 5,311 shares during the period. Blue Chip Partners LLC boosted its stake in shares of Visa by 1.7% in the 1st quarter. Blue Chip Partners LLC now owns 92,087 shares of the credit-card processor’s stock valued at $27,832,000 after purchasing an additional 1,511 shares in the last quarter. Delta Global Management LP grew its stake in Visa by 6.2% during the first quarter. Delta Global Management LP now owns 7,476 shares of the credit-card processor’s stock worth $2,260,000 after buying an additional 437 shares during the last quarter. Everest Financial Group LLC increased its holdings in Visa by 24.8% during the 1st quarter. Everest Financial Group LLC now owns 33,844 shares of the credit-card processor’s stock valued at $10,229,000 after purchasing an additional 6,728 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp increased its stake in shares of Visa by 25.0% in the first quarter. OMERS ADMINISTRATION Corp now owns 106,139 shares of the credit-card processor’s stock valued at $32,079,000 after buying an additional 21,230 shares in the last quarter. 82.15% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Chris Suh sold 10,639 shares of the company’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total value of $3,455,653.59. Following the completion of the sale, the chief financial officer owned 9,872 shares of the company’s stock, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total value of $729,720.00. Following the sale, the general counsel owned 18,404 shares of the company’s stock, valued at $6,625,440. This represents a 9.92% 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. Insiders sold 75,581 shares of company stock worth $25,627,975 in the last quarter. 0.12% of the stock is owned by insiders.

Visa Stock Performance

NYSE:V opened at $355.29 on Monday. The stock’s 50-day simple moving average is $337.58 and its 200 day simple moving average is $325.14. The firm has a market capitalization of $637.31 billion, a PE ratio of 30.95, a price-to-earnings-growth ratio of 1.89 and a beta of 0.75. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $365.14. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64.

Visa (NYSE:V) last released its quarterly earnings data 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 net margin of 51.68% and a return on equity of 65.00%. The business had revenue of $11.23 billion for the quarter, compared to the consensus estimate of $10.75 billion. During the same period in the prior year, the firm earned $2.76 earnings per share. The company’s revenue was up 17.1% compared to the same quarter last year. On average, analysts anticipate that Visa Inc. will post 13.12 EPS for the current fiscal year.

Visa declared that its Board of Directors has authorized a share buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to reacquire up to 3.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Visa Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $2.68 annualized dividend and a yield of 0.8%. Visa’s payout ratio is 23.34%.

Visa News Summary

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Truist Financial raised its price target on Visa to $394 from $371 and reiterated a buy rating, signaling more upside as analysts remain constructive on the stock.
• Positive Sentiment: BNP Paribas Exane upgraded Visa, adding to the bullish analyst momentum around the company’s earnings outlook and business fundamentals.
• Positive Sentiment: Several reports suggest Visa could deliver another “business as usual” earnings beat next week, supported by resilient consumer credit demand, strong payment volumes, and ongoing digital payments growth.
• Positive Sentiment: Visa also continues to announce new partnerships, including embedded-finance and agentic-commerce initiatives with Airwallex and Lianlian, which highlight continued expansion opportunities in business-to-business and next-generation payments.
• Neutral Sentiment: Market commentary comparing Visa and Mastercard favorably to American Express after AMEX’s post-earnings selloff may be helping keep Visa steady, but it is more of an industry read-through than a company-specific catalyst.
• Neutral Sentiment: Visa is also drawing attention as a “wide-moat” stock, reflecting its durable competitive position, though that is mainly a long-term quality argument rather than a fresh near-term driver.

Wall Street Analyst Weigh In

V has been the subject of a number of recent research reports. Piper Sandler began coverage on Visa in a research report on Monday, June 29th. They set an “overweight” rating and a $394.00 target price for the company. Barclays initiated coverage on Visa in a research note on Tuesday, July 7th. They set an “overweight” rating and a $420.00 target price for the company. Truist Financial upped their target price on shares of Visa from $371.00 to $394.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup cut their target price on Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Robert W. Baird set a $412.00 target price on Visa and gave the stock an “outperform” rating in a report on Monday, July 6th. Eight research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $399.41.

Visa 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.