Investors sold shares of Visa Inc (NYSE:V) on strength during trading on Thursday. $17.63 million flowed into the stock on the tick-up and $99.72 million flowed out of the stock on the tick-down, for a money net flow of $82.09 million out of the stock. Of all stocks tracked, Visa had the 0th highest net out-flow for the day. Visa traded up $2.60 for the day and closed at $141.84

V has been the topic of several research reports. Morgan Stanley boosted their price target on shares of Visa from $142.00 to $165.00 and gave the stock a “$140.13” rating in a research report on Thursday, July 19th. Zacks Investment Research upgraded shares of Visa from a “hold” rating to a “buy” rating and set a $153.00 price target on the stock in a research report on Tuesday, July 31st. SunTrust Banks boosted their price target on shares of Visa to $170.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. They noted that the move was a valuation call. Loop Capital boosted their price target on shares of Visa to $157.00 and gave the stock a “buy” rating in a research report on Thursday, July 26th. They noted that the move was a valuation call. Finally, Bank of America boosted their price target on shares of Visa from $155.00 to $163.00 and gave the stock a “buy” rating in a research report on Monday, August 13th. Two investment analysts have rated the stock with a hold rating and thirty-two have issued a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $156.09.

The company has a quick ratio of 1.69, a current ratio of 1.61 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $284.23 billion, a PE ratio of 30.77, a PEG ratio of 1.52 and a beta of 1.11.

Visa (NYSE:V) last posted its quarterly earnings data on Wednesday, October 24th. The credit-card processor reported $1.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.20 by $0.01. The firm had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.44 billion. Visa had a return on equity of 38.00% and a net margin of 49.98%. As a group, equities research analysts forecast that Visa Inc will post 5.32 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 4th. Shareholders of record on Friday, November 16th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.71%. The ex-dividend date is Thursday, November 15th. This is an increase from Visa’s previous quarterly dividend of $0.21. Visa’s payout ratio is presently 18.22%.

In other Visa news, EVP William M. Sheedy sold 99,636 shares of the business’s stock in a transaction dated Friday, November 2nd. The stock was sold at an average price of $139.28, for a total transaction of $13,877,302.08. Following the sale, the executive vice president now owns 296,925 shares in the company, valued at approximately $41,355,714. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.14% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Lee Financial Group Hawaii Inc. grew its stake in shares of Visa by 1.6% in the 2nd quarter. Lee Financial Group Hawaii Inc. now owns 24,147 shares of the credit-card processor’s stock valued at $3,198,000 after buying an additional 388 shares in the last quarter. Baird Financial Group Inc. grew its stake in shares of Visa by 2.2% in the 2nd quarter. Baird Financial Group Inc. now owns 944,191 shares of the credit-card processor’s stock valued at $125,058,000 after buying an additional 20,084 shares in the last quarter. Credit Agricole S A grew its stake in shares of Visa by 0.8% in the 2nd quarter. Credit Agricole S A now owns 169,611 shares of the credit-card processor’s stock valued at $22,465,000 after buying an additional 1,312 shares in the last quarter. Wealthstreet Investment Advisors LLC grew its stake in shares of Visa by 2.1% in the 2nd quarter. Wealthstreet Investment Advisors LLC now owns 145,294 shares of the credit-card processor’s stock valued at $19,244,000 after buying an additional 2,930 shares in the last quarter. Finally, Stifel Financial Corp grew its stake in shares of Visa by 2.6% in the 1st quarter. Stifel Financial Corp now owns 1,866,738 shares of the credit-card processor’s stock valued at $223,368,000 after buying an additional 47,939 shares in the last quarter. Hedge funds and other institutional investors own 80.40% of the company’s stock.

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Visa Company Profile (NYSE:V)

Visa Inc operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants.

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