University of Texas Texas AM Investment Management Co. increased its stake in shares of Visa Inc. (NYSE:V – Free Report) by 282.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,437 shares of the credit-card processor’s stock after buying an additional 1,799 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Visa were worth $855,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in V. Clayton Financial Group LLC lifted its position in Visa by 446.2% during the 4th quarter. Clayton Financial Group LLC now owns 71 shares of the credit-card processor’s stock valued at $25,000 after purchasing an additional 58 shares during the period. PayPay Securities Corp lifted its position in Visa by 102.7% during the 4th 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. acquired a new position in Visa during the 4th quarter valued at about $26,000. Parvin Asset Management LLC lifted its position in Visa by 200.0% during the 3rd quarter. Parvin Asset Management LLC now owns 75 shares of the credit-card processor’s stock valued at $26,000 after purchasing an additional 50 shares during the period. Finally, Dorato Capital Management acquired a new position in Visa during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 82.15% of the company’s stock.
Visa Stock Performance
Shares of V stock opened at $333.08 on Wednesday. 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 stock has a market cap of $597.47 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 1.73 and a beta of 0.77. The stock has a 50-day moving average of $319.80 and a 200-day moving average of $324.29. Visa Inc. has a one year low of $293.89 and a one year high of $359.66.
Visa announced that its board has initiated a share buyback plan 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 stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.
Visa Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Tuesday, May 12th were paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Tuesday, May 12th. Visa’s dividend payout ratio is presently 23.34%.
Insider Buying and Selling
In related news, CFO Chris Suh sold 10,639 shares of the stock in a transaction that occurred 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 of the company’s stock, valued at approximately $3,206,524.32. This represents a 51.87% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Ryan Mcinerney sold 31,455 shares of the stock in a transaction that occurred 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 sale, the chief executive officer directly owned 15,174 shares of the company’s stock, valued at approximately $5,161,284.36. The trade was a 67.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.12% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
V has been the topic of a number of research reports. Cantor Fitzgerald restated an “overweight” rating and set a $400.00 target price on shares of Visa in a research report on Wednesday, April 29th. Oppenheimer restated an “outperform” rating and set a $403.00 target price (up from $391.00) on shares of Visa in a research report on Wednesday, April 29th. Evercore set a $350.00 target price on shares of Visa in a research report on Wednesday, April 29th. Sanford C. Bernstein restated an “outperform” rating and set a $450.00 target price on shares of Visa in a research report on Tuesday, June 2nd. Finally, Loop Capital initiated coverage on shares of Visa in a research report on Tuesday, March 31st. They set a “buy” rating and a $387.00 target price on the stock. Six equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Visa has an average rating of “Buy” and a consensus target price of $387.78.
Visa News Summary
Here are the key news stories impacting Visa this week:
- Positive Sentiment: Visa announced a partnership with Mintoak to add merchant SaaS capabilities for acquirers across Asia Pacific, strengthening its value proposition beyond basic payment acceptance. Visa and Mintoak Join Forces to Bring Merchant SaaS Capabilities to Acquirers Across Asia Pacific
- Positive Sentiment: Coverage around Visa’s AI-agent and stablecoin initiatives highlights the company’s efforts to embed its network into next-generation digital transactions, which investors may view as a growth catalyst. Visa’s AI Agent and Stablecoin Push Could Be A Game Changer For Visa (V)
- Positive Sentiment: Visa Direct is being positioned as a solution for healthcare’s slow, check-based payout process, expanding use cases for real-time payments and reinforcing Visa’s money-movement growth opportunity. Visa Direct Takes On Healthcare’s Paper Payout Problem
- Positive Sentiment: Visa continues to receive favorable analyst-style comparisons versus peers like PayPal and Mastercard, with commentary emphasizing stronger upside from its growth in payments, AI commerce, stablecoins, and money movement. Visa vs. PayPal: Which Payments Stock Wins the Upside Race?
- Neutral Sentiment: Several articles simply highlight Visa in broader industry or investing discussions, including comparisons to Mastercard, travel trends, and World Cup AI-related coverage, which may support sentiment but are not direct catalysts. Visa vs Mastercard: The Better Buy This Year
- Neutral Sentiment: Visa was named a partner for Rockefeller Center’s Top of the Rock, a brand-building deal that is unlikely to materially affect near-term fundamentals. ROCKEFELLER CENTER AND VISA ANNOUNCE PARTNERSHIP FOR TOP OF THE ROCK OBSERVATION DECK
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.
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