Riverbridge Partners LLC Cuts Holdings in Visa Inc. $V

Riverbridge Partners LLC decreased its stake in Visa Inc. (NYSE:V) by 7.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 141,665 shares of the credit-card processor’s stock after selling 11,248 shares during the period. Riverbridge Partners LLC’s holdings in Visa were worth $42,817,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in V. Clayton Financial Group LLC increased its stake in Visa by 446.2% in the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after acquiring an additional 58 shares during the last quarter. PayPay Securities Corp raised its position in Visa by 102.7% during the fourth quarter. PayPay Securities Corp now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 38 shares in the last quarter. Cresta Advisors Ltd. bought a new stake in Visa during the fourth quarter worth about $26,000. Parvin Asset Management LLC lifted its stake in Visa by 200.0% during the third quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock worth $26,000 after purchasing an additional 50 shares during the last quarter. Finally, Dorato Capital Management purchased a new position in shares of Visa in the 4th quarter worth about $30,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

Visa Trading Up 1.2%

Shares of V stock opened at $332.29 on Thursday. The stock has a market capitalization of $596.06 billion, a PE ratio of 28.95, a P/E/G ratio of 1.75 and a beta of 0.77. Visa Inc. has a 1-year low of $293.89 and a 1-year high of $359.66. The business has a 50-day moving average of $322.56 and a 200 day moving average of $324.21. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09.

Visa (NYSE:V) last announced its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, topping analysts’ consensus estimates of $3.10 by $0.21. The business had revenue of $11.23 billion for the quarter, compared to analysts’ expectations of $10.75 billion. Visa had a return on equity of 65.00% and a net margin of 51.68%.The business’s quarterly revenue was up 17.1% on a year-over-year basis. During the same period in the previous year, the firm earned $2.76 EPS. As a group, sell-side analysts anticipate that Visa Inc. will post 13.09 earnings per share for the current year.

Visa Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were issued a $0.67 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. Visa’s dividend payout ratio (DPR) is currently 23.34%.

Visa announced that its board has initiated a stock buyback program on Tuesday, April 28th that allows the company to repurchase $20.00 billion in outstanding shares. This repurchase authorization allows the credit-card processor to purchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Truist Financial set a $371.00 price objective on Visa and gave the company a “buy” rating in a research report on Tuesday, May 12th. Raymond James Financial restated an “outperform” rating and issued a $389.00 target price on shares of Visa in a research report on Wednesday, April 29th. BMO Capital Markets initiated coverage on Visa in a research note on Tuesday, April 21st. They issued an “outperform” rating and a $365.00 target price for the company. Cantor Fitzgerald reiterated an “overweight” rating and set a $400.00 price target on shares of Visa in a research report on Wednesday, April 29th. Finally, Evercore set a $350.00 price target on shares of Visa in a research note on Wednesday, April 29th. Six investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $387.78.

Insider Buying and Selling at Visa

In other Visa news, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction on Wednesday, April 29th. The shares were sold at an average price of $340.14, for a total transaction of $10,699,103.70. Following the completion of the sale, the chief executive officer owned 15,174 shares of the company’s stock, valued at $5,161,284.36. This represents a 67.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Chris Suh sold 10,639 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the completion of the sale, the chief financial officer directly owned 9,872 shares in the company, valued at approximately $3,206,524.32. This trade represents a 51.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.12% of the stock is owned by insiders.

Visa News Roundup

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa announced a multi-year partnership with Evo, the fighting game tournament brand, to improve fan experiences and enable seamless global commerce through early 2028, adding another consumer-facing brand relationship. Evo and Visa Announce Multi-Year Partnership to Power a Global Game Community
• Positive Sentiment: Thredd implemented Visa Cloud Connect in Asia-Pacific, a sign that more issuers are using Visa’s cloud-based network infrastructure to support faster, more reliable payment issuing. Thredd Brings Visa Cloud Connect Live in Asia Pacific to Support Faster, More Reliable Issuing Across the Region
• Positive Sentiment: Visa’s AI-driven “Everyday Cashback” launch in the UAE with Mashreq and Rezolve AI highlights continued expansion into value-added services and commerce media, which could deepen merchant and cardholder engagement. Visa (V) Launches AI Driven Everyday Cashback In UAE With Mashreq And Rezolve AI
• Positive Sentiment: Boost Payment Solutions said Visa’s Commercial Enhanced Data Program is generating meaningful interchange savings and transaction growth for customers, suggesting Visa’s commercial payments tools are gaining traction. Thredd Turns to Visa to Advance Cloud-First Strategy in APAC
• Neutral Sentiment: Zacks highlighted Visa as a long-term stock pick, reflecting constructive sentiment but offering no new fundamental catalyst. Why Visa (V) is a Top Stock for the Long-Term
• Negative Sentiment: European lawmakers advanced a digital euro framework aimed at reducing reliance on Visa and Mastercard, which could be a longer-term competitive risk for Visa’s payments network in Europe. EU bets on digital euro to cut US tech addiction

Visa 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.