MassMutual Private Wealth & Trust FSB Has $49.97 Million Stake in Visa Inc. $V

MassMutual Private Wealth & Trust FSB decreased its holdings in shares of Visa Inc. (NYSE:V) by 1.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 145,648 shares of the credit-card processor’s stock after selling 2,580 shares during the period. Visa makes up 1.3% of MassMutual Private Wealth & Trust FSB’s holdings, making the stock its 16th largest position. MassMutual Private Wealth & Trust FSB’s holdings in Visa were worth $49,970,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the stock. CX Institutional grew its stake in shares of Visa by 7.2% during the second quarter. CX Institutional now owns 93,869 shares of the credit-card processor’s stock worth $32,205,000 after purchasing an additional 6,302 shares during the period. First County Bank CT lifted its stake in Visa by 3.7% in the second quarter. First County Bank CT now owns 3,451 shares of the credit-card processor’s stock valued at $1,184,000 after buying an additional 122 shares during the period. Marathon Mission Inc. acquired a new position in Visa in the second quarter valued at about $211,000. Miller Global Investments LLC lifted its stake in Visa by 90.1% in the second quarter. Miller Global Investments LLC now owns 633 shares of the credit-card processor’s stock valued at $217,000 after buying an additional 300 shares during the period. Finally, First Financial Bank Trust Division boosted its holdings in Visa by 1.0% during the second quarter. First Financial Bank Trust Division now owns 37,454 shares of the credit-card processor’s stock worth $12,850,000 after buying an additional 389 shares during the last quarter. Institutional investors and hedge funds own 82.15% of the company’s stock.

Visa Stock Down 0.1%

Visa stock opened at $365.77 on Tuesday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $373.97. The company has a fifty day simple moving average of $341.85 and a 200 day simple moving average of $325.92. The company has a market cap of $656.10 billion, a P/E ratio of 31.10, a price-to-earnings-growth ratio of 1.98 and a beta of 0.74.

Visa (NYSE:V) last posted its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.09. The firm had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%.The business’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $2.98 earnings per share. Research analysts anticipate that Visa Inc. will post 13.12 earnings per share for the current fiscal year.

Visa announced that its board has initiated a stock repurchase program on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to repurchase up to 3.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Visa Announces Dividend

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

Insider Activity at Visa

In other Visa news, CEO Ryan Mcinerney sold 20,970 shares of Visa stock in a transaction on Monday, June 29th. The shares were sold at an average price of $340.25, for a total transaction of $7,135,042.50. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at $5,162,953.50. The trade was a 58.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Julie B. Rottenberg sold 2,027 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $360.00, for a total transaction of $729,720.00. Following the completion of the transaction, the general counsel owned 18,404 shares in the company, valued at approximately $6,625,440. This trade represents a 9.92% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 101,398 shares of company stock valued at $35,831,433. 0.12% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

V has been the subject of a number of recent analyst reports. Evercore set a $350.00 price target on Visa in a research note on Wednesday, April 29th. Morgan Stanley reaffirmed an “overweight” rating and issued a $416.00 target price on shares of Visa in a research note on Wednesday, July 29th. Susquehanna reissued a “positive” rating and set a $427.00 price target (up from $410.00) on shares of Visa in a research report on Wednesday, July 29th. Weiss Ratings upgraded shares of Visa from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. Finally, BNP Paribas Exane upgraded Visa to a “strong-buy” rating in a report on Tuesday, July 21st. Seven 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 MarketBeat.com, Visa currently has a consensus rating of “Buy” and an average target price of $413.12.

Trending Headlines about Visa

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa agreed to acquire BioCatch for approximately $2.4 billion in cash. BioCatch uses behavioral biometrics, including typing patterns, touchscreen behavior and device handling, to identify account takeovers, scams, money-mule activity and application fraud before transactions occur. The deal should strengthen Visa’s fraud, cybersecurity and risk-management offerings as AI-enabled scams become more sophisticated. Visa to buy cybersecurity firm BioCatch for $2.4 billion amid surge in AI-powered scams
• Positive Sentiment: Visa is expanding its payment ecosystem through GCash, which plans to introduce card-linking capabilities with Visa and Mastercard. The rollout could improve consumer payment convenience and support transaction growth in the Philippines. GCash to expand payment options with Visa and Mastercard card linking
• Neutral Sentiment: Visa continues to promote controls and data governance for “agentic” artificial-intelligence systems. The initiative supports long-term opportunities in AI-enabled commerce, although it does not represent a near-term financial catalyst. Visa Says the Agentic Enterprise Starts With Better Controls
• Neutral Sentiment: Predictions that AI-powered cryptocurrency payments will become mainstream could eventually create new transaction opportunities for Visa, but the outlook is speculative and Ethereum-based adoption is not an immediate earnings driver. Tom Lee Predicts AI-Powered Crypto Payments Will Go Mainstream in Under Five Years
• Negative Sentiment: Elon Musk’s X Money is adding debit cards and money-transfer features, increasing competition for Visa in digital payments. The potential impact remains uncertain because the service is initially limited to select users. Elon Musk introduces money transfer service to social media app X
• Negative Sentiment: The BioCatch transaction requires a substantial cash outlay, which may pressure near-term returns if the acquisition takes time to generate meaningful revenue or cost synergies. A reported sale of 57,272 Visa shares by an insider may also weigh modestly on sentiment. Tullier Kelly Mahon Sells 57,272 Shares of Visa Stock

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.