Traders purchased shares of Visa Inc (NYSE:V) on weakness during trading on Friday. $210.83 million flowed into the stock on the tick-up and $154.57 million flowed out of the stock on the tick-down, for a money net flow of $56.26 million into the stock. Of all stocks tracked, Visa had the 18th highest net in-flow for the day. Visa traded down ($0.61) for the day and closed at $138.06

Several equities analysts recently weighed in on the company. Piper Jaffray Companies reiterated an “overweight” rating and set a $178.00 target price on shares of Visa in a research report on Friday, December 21st. Goldman Sachs Group downgraded Visa from a “conviction-buy” rating to a “buy” rating and set a $160.00 target price on the stock. in a research report on Monday, September 17th. BMO Capital Markets increased their target price on Visa from $187.00 to $196.00 and gave the stock an “outperform” rating in a research report on Thursday, October 25th. Bank of America restated a “buy” rating and issued a $163.00 price objective on shares of Visa in a report on Monday, September 17th. Finally, Robert W. Baird raised their price objective on Visa from $156.00 to $162.00 and gave the stock an “outperform” rating in a report on Friday, September 14th. Two research analysts have rated the stock with a hold rating and thirty-one have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $158.10.

The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.58. The company has a market cap of $279.18 billion, a PE ratio of 29.95, a PEG ratio of 1.50 and a beta of 1.06.

Visa (NYSE:V) last posted its earnings results on Wednesday, October 24th. The credit-card processor reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.20 by $0.01. Visa had a return on equity of 38.00% and a net margin of 49.98%. The business had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.44 billion. Research analysts expect that Visa Inc will post 5.33 earnings per share for the current fiscal year.

In other news, SVP James H. Hoffmeister sold 2,252 shares of the stock in a transaction dated Monday, December 3rd. The stock was sold at an average price of $144.56, for a total value of $325,549.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP William M. Sheedy sold 3,643 shares of the stock in a transaction dated Tuesday, November 20th. The shares were sold at an average price of $133.07, for a total value of $484,774.01. Following the completion of the sale, the executive vice president now owns 241,983 shares of the company’s stock, valued at approximately $32,200,677.81. The disclosure for this sale can be found here. In the last quarter, insiders sold 119,395 shares of company stock valued at $16,697,489. Insiders own 0.17% of the company’s stock.

Hedge funds have recently bought and sold shares of the company. Matthew Goff Investment Advisor LLC grew its stake in Visa by 13,144.9% during the 3rd quarter. Matthew Goff Investment Advisor LLC now owns 7,929,067 shares of the credit-card processor’s stock valued at $59,865,000 after purchasing an additional 7,869,202 shares in the last quarter. Fundsmith Equity Fund L.P. acquired a new stake in Visa during the 2nd quarter valued at approximately $757,597,000. Capital Research Global Investors grew its stake in Visa by 3,913.7% during the 3rd quarter. Capital Research Global Investors now owns 4,507,351 shares of the credit-card processor’s stock valued at $676,508,000 after purchasing an additional 4,395,051 shares in the last quarter. Vontobel Asset Management Inc. acquired a new stake in Visa during the 2nd quarter valued at approximately $471,495,000. Finally, FMR LLC grew its stake in Visa by 2.9% during the 2nd quarter. FMR LLC now owns 85,466,413 shares of the credit-card processor’s stock valued at $11,320,026,000 after purchasing an additional 2,398,540 shares in the last quarter. Institutional investors and hedge funds own 80.10% of the company’s stock.

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About Visa (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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