Praxis Capital Management LLC Takes Position in Visa Inc. $V

Praxis Capital Management LLC purchased a new stake in shares of Visa Inc. (NYSE:V) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 2,125 shares of the credit-card processor’s stock, valued at approximately $745,000. Visa makes up about 2.7% of Praxis Capital Management LLC’s investment portfolio, making the stock its 13th biggest position.

A number of other hedge funds also recently made changes to their positions in the business. Frazier Financial Advisors LLC raised its holdings in shares of Visa by 239.7% during the fourth quarter. Frazier Financial Advisors LLC now owns 992 shares of the credit-card processor’s stock valued at $348,000 after buying an additional 700 shares during the last quarter. William Blair Investment Management LLC acquired a new stake in Visa in the fourth quarter worth approximately $4,700,000. Darden Wealth Group Inc lifted its position in Visa by 7.7% in the fourth quarter. Darden Wealth Group Inc now owns 1,759 shares of the credit-card processor’s stock worth $617,000 after purchasing an additional 126 shares during the period. Hartline Investment Corp boosted its stake in Visa by 21.3% during the 4th quarter. Hartline Investment Corp now owns 31,697 shares of the credit-card processor’s stock valued at $11,116,000 after purchasing an additional 5,558 shares in the last quarter. Finally, Life Cycle Investment Partners Ltd bought a new position in Visa during the 4th quarter valued at $451,054,000. 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 expanding its push into digital payments by testing stablecoin settlement in Canada and advancing AI-enabled “agentic commerce” tools, which could support long-term transaction growth and keep the company relevant as payment methods evolve. Visa Tests Stablecoin Settlement And AI Commerce To Shape Future Fees
• Positive Sentiment: Visa’s partnership with Trip.com to target digital-first travelers in Asia-Pacific adds another growth avenue in travel spending, a high-volume category that can boost payment network activity. Visa and Trip.com Partner to Reach Digital-First Travelers in Asia-Pacific
• Neutral Sentiment: Several reports framed Visa as a long-term beneficiary of crypto and blockchain adoption, but these pieces were more thesis-driven than near-term catalysts for the stock. Crypto and Blockchain Stocks Positioned for Long-Term Growth
• Neutral Sentiment: Visa continues to receive favorable analyst coverage, with brokerages assigning an average “Buy” rating, which supports sentiment but does not appear to be a new catalyst. Visa Inc. Receives Average Recommendation of “Buy” from Brokerages
• Negative Sentiment: Visa is facing renewed regulatory scrutiny in the U.K. and Europe, where authorities are pushing for more fee transparency and alternative payment options, raising the risk of pressure on card-network fees and market power. Should Visa & Mastercard Investors Worry About UK & Europe’s Moves?
• Negative Sentiment: The UK Payments Systems Regulator also proposed new reporting rules for Visa and Mastercard after saying the two networks do not face effective competition, reinforcing concerns about tighter oversight. UK PSR proposes new reporting rules for Mastercard and Visa
• Negative Sentiment: Visa’s own fraud warnings highlight a rising threat from AI-powered scams and criminal targeting of consumers, which could increase compliance and security costs even if the company is helping defend against the problem. Visa Says Criminals Target People as Core Payment Security Tightens

Visa Trading Down 0.6%

Visa stock opened at $329.21 on Friday. The company’s fifty day simple moving average is $312.77 and its 200-day simple moving average is $325.42. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.64. Visa Inc. has a 12 month low of $293.89 and a 12 month high of $375.51. The stock has a market cap of $590.53 billion, a P/E ratio of 28.68, a P/E/G ratio of 1.76 and a beta of 0.78.

Visa (NYSE:V) last posted 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 for the quarter, compared to analysts’ expectations of $10.75 billion. During the same period in the previous year, the company posted $2.76 EPS. Visa’s revenue was up 17.1% on a year-over-year basis. As a group, sell-side analysts forecast that Visa Inc. will post 13.09 EPS for the current fiscal year.

Visa declared that its board has approved a stock repurchase plan on Tuesday, April 28th that authorizes the company to buyback $20.00 billion in outstanding shares. This buyback authorization authorizes the credit-card processor to purchase up to 3.6% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Visa Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, May 12th. Visa’s payout ratio is currently 23.34%.

Insider Activity

In other news, Director Lloyd Carney sold 650 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $309.62, for a total transaction of $201,253.00. Following the transaction, the director directly owned 2,679 shares in the company, valued at $829,471.98. The trade was a 19.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Chris Suh sold 10,639 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $324.81, for a total transaction of $3,455,653.59. Following the transaction, the chief financial officer owned 9,872 shares in the company, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 42,744 shares of company stock worth $14,356,010 in the last ninety days. Corporate insiders own 0.12% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on V. Morgan Stanley reaffirmed an “overweight” rating and set a $415.00 price target on shares of Visa in a research note on Wednesday, April 29th. Citigroup decreased their price target on shares of Visa from $450.00 to $400.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Evercore set a $350.00 price target on shares of Visa in a research report on Wednesday, April 29th. Piper Sandler set a $160.00 price target on shares of Visa in a research report on Wednesday, January 28th. Finally, TD Cowen restated a “buy” rating on shares of Visa in a research report on Friday, January 30th. Six research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $387.67.

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.