Rovida Investment Management Ltd Grows Stock Holdings in Visa Inc. $V

Rovida Investment Management Ltd increased its stake in Visa Inc. (NYSE:V) by 233.3% in the 1st quarter, HoldingsChannel.com reports. The firm owned 50,000 shares of the credit-card processor’s stock after acquiring an additional 35,000 shares during the period. Visa comprises 1.9% of Rovida Investment Management Ltd’s investment portfolio, making the stock its 10th biggest position. Rovida Investment Management Ltd’s holdings in Visa were worth $15,108,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Visa in the 4th quarter valued at $5,877,738,000. Cardano Risk Management B.V. lifted its stake in shares of Visa by 867.6% during the fourth quarter. Cardano Risk Management B.V. now owns 8,213,610 shares of the credit-card processor’s stock valued at $2,880,595,000 after acquiring an additional 7,364,762 shares during the period. Diamant Asset Management Inc. boosted its holdings in Visa by 29,706.3% in the first quarter. Diamant Asset Management Inc. now owns 7,332,947 shares of the credit-card processor’s stock valued at $2,216,310,000 after acquiring an additional 7,308,345 shares during the last quarter. J. Stern & Co. LLP boosted its holdings in Visa by 12,497.1% in the fourth quarter. J. Stern & Co. LLP now owns 3,378,039 shares of the credit-card processor’s stock valued at $1,184,712,000 after acquiring an additional 3,351,223 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in Visa by 48.2% in the fourth quarter. Victory Capital Management Inc. now owns 6,508,089 shares of the credit-card processor’s stock worth $2,282,472,000 after purchasing an additional 2,116,463 shares during the period. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa Stock Performance

Shares of NYSE:V opened at $366.65 on Friday. The company has a market capitalization of $657.69 billion, a price-to-earnings ratio of 31.18, a P/E/G ratio of 1.96 and a beta of 0.75. The firm’s 50 day simple moving average is $340.37 and its 200 day simple moving average is $325.50. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.99 and a quick ratio of 1.09. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $373.97.

Visa (NYSE:V) last released its quarterly earnings data on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, topping the consensus estimate of $3.23 by $0.09. Visa had a net margin of 50.78% and a return on equity of 67.68%. The business had revenue of $11.63 billion for the quarter, compared to analyst estimates of $11.40 billion. During the same quarter last year, the firm earned $2.98 EPS. Visa’s quarterly revenue was up 14.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Visa Inc. will post 13.16 earnings per share for the current year.

Visa declared that its Board of Directors has initiated a stock buyback plan on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to repurchase up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Visa Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 11th will be issued a $0.67 dividend. The ex-dividend date of this dividend is Tuesday, August 11th. This represents a $2.68 annualized dividend and a dividend yield of 0.7%. Visa’s payout ratio is 22.79%.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong Q3 results and resilient consumer spending: Visa reported adjusted EPS of $3.32 versus the $3.23 consensus and revenue of $11.63 billion versus estimates of $11.40 billion. Revenue increased 14.4% year over year, cross-border volume remained strong, and payments volume surpassed $4 trillion for the first time—evidence of continued spending momentum. Visa Q3 Earnings Beat Estimates on Cross-Border Volume Strength
• Positive Sentiment: Analysts raised price targets: JPMorgan lifted its target to $450, Baird to $420, BMO to $405 and Cantor Fitzgerald maintained an overweight rating with a $410 target. The revisions reflect confidence in Visa’s growth, payment volume and long-term fundamentals. Visa Analyst Forecasts
• Positive Sentiment: Payment ecosystem expansion: Visa highlighted AI, stablecoins, value-added services and Visa Direct, which is being positioned to modernize government disbursements and other money-movement use cases. X Money also launched in the United States using a branded Visa debit card, potentially increasing Visa’s transaction reach. Visa Direct Modernizes Government Payouts
• Neutral Sentiment: Dividend declared: Visa declared a quarterly dividend of $0.67 per share, payable September 1 to shareholders of record August 11. The roughly 0.7% yield offers modest shareholder support but is unlikely to drive the stock materially.
• Negative Sentiment: Expense and workforce concerns: Visa plans to eliminate approximately 2,600 jobs, or about 7% of its workforce, citing efficiency initiatives and AI-driven changes. The cuts could improve margins over time, but investors initially focused on higher operating expenses and execution risks. Visa Slashes Thousands of Jobs in Efficiency Push
• Negative Sentiment: Valuation and market pressure: Commentary has flagged Visa’s premium valuation and competition from Mastercard, PayPal and emerging payment platforms. Separately, an oil-price spike and U.S.-Iran tensions pressured the broader market, creating an unfavorable backdrop for large-cap technology and financial stocks. Visa Valuation Commentary

Insider Activity

In related news, CEO Ryan Mcinerney sold 20,970 shares of the company’s stock in a transaction on Monday, June 29th. The shares were sold at an average price of $340.25, for a total value of $7,135,042.50. Following the completion of the sale, the chief executive officer owned 15,174 shares in the company, valued at $5,162,953.50. This represents a 58.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total value of $3,455,653.59. Following the sale, the chief financial officer directly owned 9,872 shares in the company, valued at $3,206,524.32. The trade was a 51.87% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,126 shares of company stock valued at $14,928,871 in the last quarter. Company insiders own 0.12% of the company’s stock.

Analysts Set New Price Targets

V has been the subject of several recent research reports. Truist Financial boosted their price objective on Visa from $371.00 to $394.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Barclays started coverage on shares of Visa in a research report on Tuesday, July 7th. They set an “overweight” rating and a $420.00 price target for the company. BNP Paribas Exane raised shares of Visa to a “strong-buy” rating in a research note on Tuesday, July 21st. Citigroup restated a “buy” rating and issued a $440.00 price objective (up from $400.00) on shares of Visa in a report on Wednesday. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $416.00 price objective on shares of Visa in a research note on Wednesday. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have assigned a Buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $411.77.

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.