International Assets Investment Management LLC Acquires 15,090 Shares of Visa Inc. $V

International Assets Investment Management LLC increased its holdings in shares of Visa Inc. (NYSE:V) by 50.5% in the 3rd quarter, Holdings Channel.com reports. The firm owned 45,000 shares of the credit-card processor’s stock after acquiring an additional 15,090 shares during the quarter. International Assets Investment Management LLC’s holdings in Visa were worth $16,170,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the business. Nixon Peabody Trust Co. lifted its position in Visa by 58.1% in the first quarter. Nixon Peabody Trust Co. now owns 4,201 shares of the credit-card processor’s stock worth $1,270,000 after purchasing an additional 1,543 shares during the period. Bank Pictet & Cie Europe AG boosted its stake in Visa by 0.9% during the third quarter. Bank Pictet & Cie Europe AG now owns 606,500 shares of the credit-card processor’s stock worth $217,934,000 after buying an additional 5,568 shares in the last quarter. Vega Investment Solutions acquired a new stake in Visa during the second quarter worth $829,000. Beacon Financial Group increased its holdings in Visa by 83.9% in the 1st quarter. Beacon Financial Group now owns 22,501 shares of the credit-card processor’s stock valued at $6,801,000 after buying an additional 10,267 shares during the period. Finally, Brooklands Fund Management Ltd bought a new stake in Visa in the 3rd quarter valued at $5,291,000. Institutional investors own 82.15% of the company’s stock.

Visa Trading Up 0.8%

V stock opened at $413.69 on Friday. The business has a fifty day moving average price of $381.31 and a 200 day moving average price of $342.25. Visa Inc. has a fifty-two week low of $293.89 and a fifty-two week high of $417.00. The stock has a market capitalization of $738.20 billion, a price-to-earnings ratio of 33.55, a P/E/G ratio of 1.94 and a beta of 0.77. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.97 and a quick ratio of 0.99.

Visa (NYSE:V) last posted its quarterly earnings data on Tuesday, October 27th. The credit-card processor reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.44 by $0.04. The company had revenue of $12.14 billion for the quarter, compared to analyst estimates of $12.09 billion. Visa had a return on equity of 70.50% and a net margin of 51.20%. The business’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.98 earnings per share. Analysts expect that Visa Inc. will post 15.03 EPS for the current fiscal year.

Visa Increases Dividend

The firm 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 represents a $3.12 dividend on an annualized basis and a dividend yield of 0.8%. This is a boost from Visa’s previous quarterly dividend of $0.67. The ex-dividend date is Tuesday, November 10th. Visa’s dividend payout ratio is 21.74%.

Insider Transactions at Visa

In related news, General Counsel Julie Rottenberg sold 2,028 shares of Visa stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $381.35, for a total value of $773,377.80. Following the completion of the transaction, the general counsel directly owned 18,404 shares of the company’s stock, valued at $7,018,365.40. The trade was a 9.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $367.87, for a total value of $2,161,236.25. Following the transaction, the chief executive officer directly owned 15,174 shares in the company, valued at approximately $5,582,059.38. This represents a 27.91% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 21,520 shares of company stock valued at $7,960,757 over the last ninety days. 0.12% of the stock is currently owned by company insiders.

Key Visa News

Here are the key news stories impacting Visa this week:

• Positive Sentiment: Strong operating trends: Visa’s latest earnings discussion highlighted resilient U.S. spending, accelerating cross-border volumes, commercial and e-commerce growth, and expanding value-added services. More than 60% of e-commerce transactions are now tokenized, supporting network security and long-term volume growth. 5 insightful analyst questions from Visa’s Q3 earnings call
• Positive Sentiment: China and international expansion: Visa and Tencent signed an agreement covering cross-border payments, international money transfers and AI-powered commerce. Visa also received approval to prepare for a domestic bank-card clearing business in China, potentially expanding its addressable market. Tencent, Visa deepen payments push in China
• Positive Sentiment: Digital-assets opportunity: Visa’s annualized stablecoin settlement volume reportedly surpassed $25 billion, while stablecoin-linked card programs exceeded 225. The progress reinforces Visa’s role in emerging payment infrastructure. Visa Stablecoin Settlement Tops $25 Billion
• Positive Sentiment: Shareholder returns and analyst support: Visa raised its quarterly dividend 16.4% to $0.78 per share. KeyCorp maintained an “Overweight” rating with a $425 target and projects EPS of $16.93 in fiscal 2028 and $19.00 in fiscal 2029. Wells Fargo separately lifted its target to $463, while RBC, Oppenheimer, Barclays and JPMorgan also issued favorable commentary. Wells Fargo raises Visa price target
• Neutral Sentiment: Industry backdrop: Cross-border activity and consumer spending remain supportive, but rising technology expenses and inflation could pressure payment-industry margins. Financial transaction stocks amid cost and inflation pressure
• Negative Sentiment: Merchant litigation risk: Visa’s agreement to drop the “honor all cards” rule settles part of a merchant dispute but could create uncertainty around acceptance practices and pricing power. Will ditching the honor all cards rule matter?

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on V. Keefe, Bruyette & Woods raised their price objective on shares of Visa from $400.00 to $430.00 in a report on Wednesday, July 8th. Wolfe Research reissued an “outperform” rating and issued a $460.00 target price (up from $435.00) on shares of Visa in a research note on Tuesday, August 25th. Argus lifted their price objective on Visa from $396.00 to $420.00 and gave the company a “buy” rating in a report on Friday, July 31st. Bank of America upped their price objective on Visa from $410.00 to $430.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Daiwa Securities Group increased their target price on Visa from $375.00 to $422.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Two investment analysts have rated the stock with a Strong Buy rating and thirty-five have issued a Buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $438.41.

Visa 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.