Greenspring Advisors LLC increased its stake in Visa Inc. (NYSE:V – Free Report) by 38.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,265 shares of the credit-card processor’s stock after buying an additional 1,464 shares during the period. Greenspring Advisors LLC’s holdings in Visa were worth $1,806,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in V. Brighton Jones LLC grew its position in shares of Visa by 50.1% during the 4th quarter. Brighton Jones LLC now owns 20,635 shares of the credit-card processor’s stock worth $6,522,000 after buying an additional 6,883 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Visa by 68.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 11,811 shares of the credit-card processor’s stock valued at $3,733,000 after acquiring an additional 4,817 shares in the last quarter. Nicholas Hoffman & Company LLC. raised its holdings in shares of Visa by 4.6% in the first quarter. Nicholas Hoffman & Company LLC. now owns 10,941 shares of the credit-card processor’s stock valued at $3,834,000 after acquiring an additional 477 shares in the last quarter. Matrix Asset Advisors Inc. NY lifted its stake in Visa by 16.9% in the second quarter. Matrix Asset Advisors Inc. NY now owns 1,133 shares of the credit-card processor’s stock worth $402,000 after acquiring an additional 164 shares during the period. Finally, Schnieders Capital Management LLC. lifted its stake in Visa by 13.8% in the second quarter. Schnieders Capital Management LLC. now owns 18,367 shares of the credit-card processor’s stock worth $6,521,000 after acquiring an additional 2,230 shares during the period. Institutional investors own 82.15% of the company’s stock.
Analyst Ratings Changes
A number of research firms have commented on V. Morgan Stanley reissued an “overweight” rating and set a $416.00 target price on shares of Visa in a research report on Wednesday, July 29th. JPMorgan Chase & Co. increased their price objective on shares of Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research note on Wednesday, July 29th. UBS Group reissued a “buy” rating and set a $420.00 price objective (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. Susquehanna reissued a “positive” rating and issued a $427.00 price objective (up from $410.00) on shares of Visa in a research note on Wednesday, July 29th. Finally, Truist Financial set a $406.00 target price on Visa and gave the stock a “buy” rating in a report on Wednesday, August 5th. Seven research analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $416.62.
Visa Trading Up 1.7%
NYSE V opened at $378.99 on Thursday. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $385.57. The company has a 50 day moving average price of $361.90 and a 200 day moving average price of $332.52. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm has a market cap of $676.28 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 2.00 and a beta of 0.76.
Visa (NYSE:V – Get Free Report) last announced its earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share for the quarter, beating the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion during the quarter, compared to the consensus estimate of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. Visa’s revenue was up 14.4% compared to the same quarter last year. During the same period last year, the firm earned $2.98 earnings per share. As a group, sell-side analysts forecast that Visa Inc. will post 13.16 EPS for the current fiscal year.
Visa Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Tuesday, August 11th. Visa’s dividend payout ratio is currently 22.79%.
Insider Buying and Selling at Visa
In other Visa news, insider Tullier Kelly Mahon sold 57,272 shares of the firm’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $364.97, for a total value of $20,902,561.84. Following the completion of the sale, the insider owned 49,662 shares of the company’s stock, valued at approximately $18,125,140.14. This trade represents a 53.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Julie B. Rottenberg sold 2,028 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the sale, the general counsel owned 18,404 shares in the company, valued at $7,018,365.40. The trade was a 9.93% 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. Over the last ninety days, insiders sold 104,537 shares of company stock worth $37,540,837. 0.12% of the stock is owned by insiders.
Key Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa launched an enhanced version of A2A Protect, adding real-time risk insights and a unified fraud score that incorporates Featurespace technology. The offering is designed to help banks stop account-to-account fraud before funds leave customer accounts, potentially expanding Visa’s software and risk-management revenue opportunities. Visa launches enhanced A2A Protect
- Positive Sentiment: Handwave and Visa announced an integration allowing payment cards to be linked to palm biometrics. The technology could improve checkout convenience and security while supporting Visa’s efforts to grow tokenized and biometric payment transactions. Handwave and Visa palm biometrics integration
- Positive Sentiment: Analyst commentary continues to emphasize Visa’s durable payments-network moat and long-term growth potential. The stock has a consensus “Buy” rating and an average target price of $416.62, above its recent trading level. Why Visa is a top stock for the long term
- Neutral Sentiment: Advasa upgraded its Visa card to support USDC payments alongside fiat currency. The announcement highlights Visa’s role in stablecoin payments, although the direct financial impact appears limited because Advasa is a relatively small partner and regulatory risks remain. Advasa expands Visa card to support USDC
- Neutral Sentiment: Visa CEO Ryan McInerney sold 5,875 shares under a pre-arranged Rule 10b5-1 plan, while General Counsel Julie Rottenberg separately sold shares. The transactions may attract attention, but scheduled sales and continued insider ownership make them a limited signal of operating expectations. Visa CEO insider transaction
- Negative Sentiment: Visa has submitted roughly 6 million documents to the U.S. Department of Justice in an ongoing debit-card lawsuit. Discovery has been extended into 2027 and trial is expected in 2028, keeping potential regulatory remedies, legal costs and changes to debit practices as longer-term overhangs. Visa DOJ debit-card lawsuit
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.
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