Investors bought shares of Visa Inc. (NYSE:V) on weakness during trading hours on Friday. $485.16 million flowed into the stock on the tick-up and $163.01 million flowed out of the stock on the tick-down, for a money net flow of $322.15 million into the stock. Of all equities tracked, Visa had the 4th highest net in-flow for the day. Visa traded down ($1.86) for the day and closed at $110.73

A number of research firms have recently commented on V. Jefferies Group reissued a “buy” rating and set a $125.00 target price (up previously from $112.00) on shares of Visa in a research note on Tuesday, October 17th. BidaskClub raised shares of Visa from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 10th. Robert W. Baird reissued an “outperform” rating and set a $128.00 target price (up previously from $122.00) on shares of Visa in a research note on Monday, October 2nd. Morgan Stanley boosted their target price on shares of Visa from $125.00 to $126.00 and gave the stock an “overweight” rating in a research note on Thursday, October 26th. Finally, Cantor Fitzgerald reissued a “buy” rating and set a $120.00 target price on shares of Visa in a research note on Wednesday, October 25th. Three analysts have rated the stock with a hold rating, twenty-nine have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $116.08.

The stock has a market capitalization of $251,230.00, a PE ratio of 32.58, a price-to-earnings-growth ratio of 1.66 and a beta of 0.98. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.61.

Visa (NYSE:V) last posted its earnings results on Wednesday, October 25th. The credit-card processor reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.05. The company had revenue of $4.86 billion for the quarter, compared to analyst estimates of $4.63 billion. Visa had a net margin of 36.49% and a return on equity of 31.80%. Visa’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.78 EPS. equities analysts expect that Visa Inc. will post 4.05 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 5th. Shareholders of record on Friday, November 17th will be issued a $0.195 dividend. This represents a $0.78 annualized dividend and a yield of 0.70%. This is a positive change from Visa’s previous quarterly dividend of $0.17. The ex-dividend date is Thursday, November 16th. Visa’s payout ratio is presently 27.86%.

In other Visa news, SVP James H. Hoffmeister sold 2,146 shares of the business’s stock in a transaction dated Monday, November 27th. The shares were sold at an average price of $112.09, for a total value of $240,545.14. Following the transaction, the senior vice president now directly owns 687 shares in the company, valued at approximately $77,005.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.14% of the company’s stock.

Large investors have recently bought and sold shares of the business. Krilogy Financial LLC lifted its holdings in shares of Visa by 0.3% in the 2nd quarter. Krilogy Financial LLC now owns 2,572 shares of the credit-card processor’s stock worth $241,000 after acquiring an additional 7 shares during the last quarter. Capital Investment Advisory Services LLC lifted its holdings in shares of Visa by 0.4% in the 2nd quarter. Capital Investment Advisory Services LLC now owns 4,747 shares of the credit-card processor’s stock worth $445,000 after acquiring an additional 20 shares during the last quarter. Baker Ellis Asset Management LLC lifted its holdings in shares of Visa by 0.3% in the 2nd quarter. Baker Ellis Asset Management LLC now owns 6,262 shares of the credit-card processor’s stock worth $587,000 after acquiring an additional 20 shares during the last quarter. Washington Trust Bank lifted its holdings in shares of Visa by 0.8% in the 2nd quarter. Washington Trust Bank now owns 3,895 shares of the credit-card processor’s stock worth $365,000 after acquiring an additional 32 shares during the last quarter. Finally, Lakeview Capital Partners LLC lifted its holdings in shares of Visa by 0.8% in the 2nd quarter. Lakeview Capital Partners LLC now owns 4,283 shares of the credit-card processor’s stock worth $402,000 after acquiring an additional 34 shares during the last quarter. Institutional investors own 81.73% of the company’s stock.

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About Visa

Visa Inc (Visa) is a payments technology company that connects consumers, merchants, financial institutions, businesses, strategic partners and government entities to electronic payments. The Company operates through payment services segment. The Company enables global commerce through the transfer of value and information among the participants.

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