Victory Financial Group LLC increased its stake in Visa Inc. (NYSE:V – Free Report) by 37.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,072 shares of the credit-card processor’s stock after buying an additional 1,661 shares during the period. Victory Financial Group LLC’s holdings in Visa were worth $2,182,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. John Boyer Inc. purchased a new position in shares of Visa in the 3rd quarter valued at approximately $27,000. Philadelphia Investment Partners LLC bought a new stake in shares of Visa during the second quarter valued at approximately $29,000. Virtus Advisers LLC bought a new stake in shares of Visa during the second quarter valued at approximately $33,000. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Visa during the third quarter valued at approximately $35,000. Finally, Delos Wealth Advisors LLC purchased a new stake in Visa in the second quarter worth $38,000. 82.15% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have issued reports on V shares. Citigroup reiterated a “buy” rating and issued a $440.00 price objective (up from $400.00) on shares of Visa in a report on Wednesday, July 29th. Rothschild & Co Redburn raised their price objective on Visa from $430.00 to $444.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. KeyCorp boosted their target price on shares of Visa from $415.00 to $425.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. TD Cowen reaffirmed a “buy” rating and issued a $450.00 target price (up from $420.00) on shares of Visa in a research report on Wednesday. Finally, Barclays increased their price target on shares of Visa from $420.00 to $440.00 and gave the stock an “overweight” rating in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating and thirty-five have given a Buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $437.42.
Read Our Latest Stock Analysis on V
Visa Stock Performance
Shares of V opened at $400.79 on Thursday. 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 business’s 50 day moving average price is $379.47 and its 200-day moving average price is $341.60. Visa Inc. has a 52 week low of $293.89 and a 52 week high of $414.60. The stock has a market cap of $715.18 billion, a P/E ratio of 34.08, a P/E/G ratio of 1.92 and a beta of 0.77.
Visa (NYSE:V – Get Free Report) last posted its quarterly earnings results on Tuesday, October 27th. The credit-card processor reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to the consensus estimate of $12.09 billion. Visa had a return on equity of 67.68% and a net margin of 50.78%. The firm’s quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.98 EPS. Equities research analysts anticipate that Visa Inc. will post 13.22 earnings per share for the current fiscal year.
Visa Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Tuesday, November 10th will be paid a $0.78 dividend. This is an increase from Visa’s previous quarterly dividend of $0.67. This represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, November 10th. Visa’s payout ratio is currently 22.79%.
Insiders Place Their Bets
In other news, General Counsel Julie B. Rottenberg sold 1,867 shares of Visa stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $368.34, for a total value of $687,690.78. Following the completion of the transaction, the general counsel owned 18,404 shares of the company’s stock, valued at $6,778,929.36. The trade was a 9.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ryan Mcinerney sold 5,875 shares of Visa stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $358.81, for a total value of $2,108,008.75. Following the completion of the transaction, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,444,582.94. This represents a 27.91% decrease in their position. 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 three months, insiders sold 21,520 shares of company stock worth $7,960,757. Insiders own 0.12% of the company’s stock.
More Visa News
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa reported adjusted earnings of $3.48 per share, exceeding the $3.43 consensus estimate, while revenue rose 13.2% year over year to $12.14 billion, ahead of expectations. Growth was supported by higher payment volumes, cross-border activity and processed transactions. Visa Q4 Earnings Beat Estimates on Strong Payment Volumes
- Positive Sentiment: Management highlighted resilient consumer spending, international payment growth, value-added services and stablecoin initiatives, while targeting double-digit revenue growth for fiscal 2027. Commentary that the U.S. consumer is holding up supports Visa’s near-term transaction outlook. Visa Q4 Earnings Call Highlights FY27 Outlook and Growth Priorities
- Positive Sentiment: Visa raised its quarterly dividend to $0.78 per share from $0.67, a 16.4% increase. The higher payout signals confidence in cash generation and strengthens the shareholder-return story, despite the stock’s relatively low 0.8% dividend yield.
- Positive Sentiment: JPMorgan raised its price target to $455, Barclays to $440 and Oppenheimer to $440, while RBC reaffirmed an “outperform” rating with a $466 target. The revisions reflect confidence in Visa’s earnings momentum and long-term growth prospects.
- Neutral Sentiment: Analysts cited Visa’s results as a favorable read-through for Mastercard, particularly on consumer spending and international transactions. This reinforces the health of the payments industry but offers only indirect benefit to Visa. Analyst Signals Favorable Earnings Setup for Mastercard After Visa’s Results
- Negative Sentiment: Higher client incentives and expenses, along with slightly slower payment-volume growth, could temper the earnings reaction. Visa’s premium valuation also leaves less room for execution disappointments.
- Negative Sentiment: Visa faces a collective lawsuit in the United Kingdom seeking about £5 billion on behalf of roughly one million businesses. The claim alleges excessive interchange fees and competition-law violations, creating a potentially significant legal and regulatory overhang. Visa Is Defending a UK Card Fee Lawsuit
Visa Company Profile
Visa Inc (NYSE: V) is a global payments technology company that facilitates electronic payments between consumers, businesses, financial institutions and governments. Through its VisaNet network, the company authorizes, clears and settles transactions made with Visa-branded credit, debit and prepaid cards, while generally not issuing cards, extending credit or setting cardholder account terms.
Visa provides payment products and services for consumer, commercial and government payments, as well as digital commerce and money movement.
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