Capital Asset Advisory Services LLC Lowers Stake in Visa Inc. $V

Capital Asset Advisory Services LLC cut its stake in Visa Inc. (NYSE:V) by 31.7% during the first quarter, HoldingsChannel reports. The firm owned 10,655 shares of the credit-card processor’s stock after selling 4,944 shares during the period. Capital Asset Advisory Services LLC’s holdings in Visa were worth $3,345,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in V. Clayton Financial Group LLC increased its position in shares of Visa by 446.2% during the fourth quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock worth $25,000 after acquiring an additional 58 shares during the period. PayPay Securities Corp boosted its holdings in shares of Visa by 102.7% in 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 during the period. Cresta Advisors Ltd. purchased a new stake in shares of Visa in the fourth quarter valued at approximately $26,000. Parvin Asset Management LLC grew its stake in Visa by 200.0% in 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 in the last quarter. Finally, Dorato Capital Management bought a new position in Visa in the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 82.15% of the company’s stock.

More Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Visa is a key participant in the new Open USD stablecoin initiative, alongside firms such as Stripe, BlackRock and Coinbase, which reinforces its role in digital payments infrastructure and could expand future transaction volume. Is V Stock a Long-Term Payments Opportunity After Sector Valuation Decline?
• Positive Sentiment: Piper Sandler initiated coverage on Visa with an Overweight rating and a $394 price target, adding to a broader pattern of bullish analyst sentiment. Visa Stock Surges 12.4% in a Month: Time to Buy, Hold or Sell?
• Positive Sentiment: Visa launched its Threat Intelligence Platform, a cybersecurity tool aimed at helping banks detect threats earlier and reduce fraud, which could strengthen its network value proposition. Visa announces Visa Threat Intelligence Platform to strengthen cyber and fraud defence
• Positive Sentiment: Visa completed live agentic payment transactions with partners including Worldline, ING and BBVA, highlighting early traction in AI-enabled payments and potential long-term growth in transaction services. Worldline, ING and Visa complete a live agentic payment transaction in Europe
• Positive Sentiment: Visa’s recent quarterly results beat expectations, with EPS of $3.31 versus $3.10 expected and revenue up 17.1% year over year, supporting confidence in the company’s earnings power. Visa stock profile and earnings summary
• Neutral Sentiment: CEO Ryan McInerney sold shares under a pre-arranged 10b5-1 plan, which may draw some attention but is not necessarily a negative signal on its own. SEC filing for CEO stock sale

Wall Street Analyst Weigh In

V has been the subject of a number of research analyst reports. Truist Financial set a $371.00 target price on Visa and gave the company a “buy” rating in a research report on Tuesday, May 12th. UBS Group raised their price target on Visa from $390.00 to $410.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings downgraded Visa from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, April 16th. Morgan Stanley reaffirmed an “overweight” rating and issued a $415.00 price objective on shares of Visa in a research note on Wednesday, April 29th. Finally, BMO Capital Markets began coverage on shares of Visa in a research report on Tuesday, April 21st. They set an “outperform” rating and a $365.00 target price on the stock. Seven investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $397.96.

Insiders Place Their Bets

In other news, 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 value of $3,455,653.59. Following the completion of the sale, the chief financial officer owned 9,872 shares of the company’s stock, valued at $3,206,524.32. This trade represents a 51.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ryan Mcinerney sold 31,455 shares of the business’s stock in a transaction on Wednesday, April 29th. The stock was sold at an average price of $340.14, for a total value of $10,699,103.70. Following the transaction, the chief executive officer owned 15,174 shares in the company, valued at approximately $5,161,284.36. This trade represents a 67.46% 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 ninety days, insiders have sold 73,554 shares of company stock worth $24,898,255. Insiders own 0.12% of the company’s stock.

Visa Price Performance

V opened at $361.31 on Friday. The firm has a market capitalization of $648.10 billion, a PE ratio of 31.47, a price-to-earnings-growth ratio of 1.87 and a beta of 0.75. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.09 and a quick ratio of 1.09. The business’s 50-day moving average is $326.17 and its two-hundred day moving average is $324.64. Visa Inc. has a 1 year low of $293.89 and a 1 year high of $362.13.

Visa (NYSE:V) last released its quarterly earnings results on Tuesday, April 28th. The credit-card processor reported $3.31 EPS for the quarter, beating the consensus estimate of $3.10 by $0.21. Visa had a net margin of 51.68% and a return on equity of 65.00%. The business had revenue of $11.23 billion during the quarter, compared to analyst estimates of $10.75 billion. During the same period in the prior year, the firm posted $2.76 earnings per share. The company’s quarterly revenue was up 17.1% on a year-over-year basis. Research analysts anticipate that Visa Inc. will post 13.1 earnings per share for the current fiscal year.

Visa Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th were given a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $2.68 dividend on an annualized basis and a dividend yield of 0.7%. Visa’s dividend payout ratio is presently 23.34%.

Visa declared that its board has initiated a share buyback program on Tuesday, April 28th that authorizes the company to repurchase $20.00 billion in shares. This repurchase authorization authorizes the credit-card processor to buy up to 3.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

About Visa

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.