Van Hulzen Asset Management LLC raised its holdings in Visa Inc. (NYSE:V – Free Report) by 16.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 26,014 shares of the credit-card processor’s stock after purchasing an additional 3,673 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Visa were worth $8,925,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Cresta Advisors Ltd. acquired a new stake in Visa in the 4th quarter valued at approximately $26,000. Parvin Asset Management LLC increased its position in shares of Visa by 200.0% in the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 50 shares during the last quarter. Virtus Advisers LLC acquired a new position in shares of Visa during the second quarter worth $33,000. RHL Group LLC purchased a new position in Visa in the fourth quarter valued at $34,000. Finally, Timmons Wealth Management LLC purchased a new position in shares of Visa in the 4th quarter valued at about $34,000. Institutional investors and hedge funds own 82.15% of the company’s stock.
Insider Buying and Selling
In related news, CEO Ryan Mcinerney sold 5,875 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $367.87, for a total transaction of $2,161,236.25. Following the sale, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,582,059.38. This trade represents a 27.91% 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 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 Visa stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $360.00, for a total transaction of $729,720.00. Following the completion of the sale, the general counsel directly owned 18,404 shares of the company’s stock, valued at $6,625,440. The trade was a 9.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 96,634 shares of company stock worth $34,537,016. 0.12% of the stock is owned by insiders.
Visa News Roundup
- Positive Sentiment: Visa and Mastercard reached fresh records as aggregate U.S. spending remained healthy, despite consumers becoming more selective and retail companies issuing cautious warnings. Strong payment volumes support Visa’s transaction and fee revenue. Visa and Mastercard shares hit fresh records, underscoring a resilient U.S. consumer
- Positive Sentiment: Visa’s stablecoin settlement pilot reached an annualized run rate of approximately $7 billion after expanding across nine blockchains. The development strengthens Visa’s position in emerging digital-payment infrastructure and could create additional long-term transaction opportunities. Circle CEO Allaire Maps Stablecoins’ Next Act as Global Payment Rails
- Positive Sentiment: President Donald Trump’s financial disclosure showed purchases of Visa shares, adding a headline-level endorsement from a prominent investor and contributing to market interest in the stock. Visa Stock Climbs After Trump Buys Millions in Stock
- Positive Sentiment: Visa’s monitoring program for Hims & Hers Health highlights the network’s ability to enforce dispute controls and collect penalties when merchants generate excessive chargebacks. The episode reinforces Visa’s risk-management role without exposing it to the merchant’s customer-acquisition or regulatory costs. Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Neutral Sentiment: CEO Ryan McInerney is scheduled to speak at the Goldman Sachs Communacopia + Technology Conference on September 8. The presentation could provide updates on spending trends, stablecoins and regulation, but no new financial guidance was announced. Visa to Participate in Upcoming Investor Conference
- Negative Sentiment: McInerney sold 5,875 Visa shares worth approximately $2.16 million, reducing his direct ownership by 27.9%. The sale occurred under a pre-arranged Rule 10b5-1 plan, making it less concerning than discretionary selling, but it may still draw limited attention from investors.
Visa Trading Up 3.0%
Shares of V stock opened at $382.35 on Tuesday. The company has a market capitalization of $682.28 billion, a price-to-earnings ratio of 32.51, a PEG ratio of 1.99 and a beta of 0.74. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60. The firm has a 50-day moving average price of $354.89 and a 200 day moving average price of $329.98. Visa Inc. has a twelve month low of $293.89 and a twelve month high of $383.43.
Visa (NYSE:V – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The credit-card processor reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.09. The company had revenue of $11.63 billion for the quarter, compared to analysts’ expectations of $11.40 billion. Visa had a net margin of 50.78% and a return on equity of 67.68%. The firm’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period last year, the company earned $2.98 EPS. Research analysts forecast that Visa Inc. will post 13.16 earnings per share for the current fiscal year.
Visa announced that its board has approved a stock repurchase plan on Tuesday, April 28th that allows the company to repurchase $20.00 billion in shares. This repurchase authorization allows the credit-card processor to reacquire up to 3.6% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Visa Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 11th will be paid 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 dividend yield of 0.7%. Visa’s dividend payout ratio is presently 22.79%.
Analyst Upgrades and Downgrades
V has been the topic of several research analyst reports. Barclays assumed coverage on shares of Visa in a research note on Tuesday, July 7th. They set an “overweight” rating and a $420.00 price target on the stock. Erste Group Bank raised Visa from a “hold” rating to a “buy” rating in a report on Monday, July 27th. Susquehanna reaffirmed a “positive” rating and issued a $427.00 price objective (up from $410.00) on shares of Visa in a report on Wednesday, July 29th. BNP Paribas Exane upgraded shares of Visa to a “strong-buy” rating in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Visa from $400.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Seven analysts have rated the stock with a Strong Buy rating and twenty-four have issued a Buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $413.58.
Get Our Latest Stock Report on Visa
Visa Company 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.
Recommended Stories
- Five stocks we like better than Visa
- Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters
- Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain
- Snowflake Could Be Headed for New Highs Despite Insider Selling
- MongoDB Is Surging—And the Next Catalyst Is Almost Here
Want to see what other hedge funds are holding V? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Visa Inc. (NYSE:V – Free Report).
Receive News & Ratings for Visa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Visa and related companies with MarketBeat.com's FREE daily email newsletter.
